एसबीआई कार्ड माइल्स एलीट
जारीकर्ता बैंक / संस्था: State Bank of India (SBI Card)
Dedicated international travel currency card offering 5,000 welcome Travel Credits, 1:1 air miles transfer across 20+ global airlines, 1.99% forex markup, and 14 lounge visits.
💳कार्ड विवरण एवं मुख्य लाभ (Card Overview & Benefits)
कार्ड का संक्षिप्त विवरण
SBI Card MILES ELITE is SBI's newly launched dedicated travel currency card for international frequent flyers. It allows cardholders to earn flexible 'Travel Credits' that convert 1:1 into frequent flyer miles across over 20 global airlines and hotel chains, supported by an ultra-low 1.99% forex markup.
5,000 Travel Credits (convertible 1:1 into 5,000 Air Miles or Hotel Loyalty Points across 20+ airline/hotel partners) upon payment of joining fee.
8 complimentary domestic airport lounge visits per calendar year (max 2 visits per quarter). 6 complimentary international airport lounge visits per year via Priority Pass. Cardholders earn 1 additional domestic lounge visit per ₹1 Lakh retail spend.
1% fuel surcharge waiver for transactions between ₹500 and ₹4,000 at all petrol pumps in India (maximum ₹250 per statement cycle).
Up to 20,000 bonus Travel Credits on reaching annual spends of ₹8L and ₹12L. Spend ₹15 Lakhs for annual fee waiver.
📋पात्रता मानदंड एवं नियम (Eligibility & Requirements)
पात्रता की शर्तें
High-income salaried executives and affluent self-employed business owners aged 21 to 70 years.
न्यूनतम वार्षिक आय आवश्यकता
₹12,00,000 per annum (Salaried) / ₹15,00,000 per annum (Self-Employed ITR)
📂आवश्यक दस्तावेज (Required Documents)
1. PAN Card 2. Passport / Aadhaar Card 3. Last 3 months' salary slips with Form 16 OR Last 2 years' audited ITR.
⚠️क्या कमी है / महत्वपूर्ण शुल्क चेतावनियां (Honest MITC Disclosures & Hidden Costs)
Very high spend requirement of ₹15 Lakhs to waive the ₹4,999 annual fee. Conversion transfers to airline partner accounts require a minimum transfer threshold (typically 1,000 credits) and may take up to 7 business days to reflect in partner accounts.
🚀आवेदन के चरण (How to Apply)
Step 1: Visit sbicard.com/apply or open the YONO SBI app and select SBI Card MILES ELITE. Step 2: Select card and check instant eligibility (soft pull with zero impact on CIBIL credit score). Step 3: Fill online application form with personal, residence, and occupational details (takes 5–10 minutes). Step 4: Upload required KYC documents (Aadhaar, PAN, and latest salary slip/ITR proof). Step 5: Complete digital verification via online Video KYC (or schedule branch verification for first-time applicants). Step 6: Card dispatched within 5–7 working days via secure speed post; activate via SMS or SBI Card App.
❓अक्सर पूछे जाने वाले प्रश्न (FAQs)
What happens if I miss the minimum payment due on SBI Card MILES ELITE?
If you do not pay at least the Minimum Amount Due (MAD) on or before the due date, late payment penalties will be charged according to the issuer's tariff: Nil up to ₹500; ₹400 for ₹501–₹1,000; ₹750 for ₹1,001–₹10,000; ₹950 for ₹10,001–₹25,000; ₹1,100 for ₹25,001–₹50,000; ₹1,300 for above ₹50,000.. In addition, revolving finance charges at Up to 3.50% per month (42.00% per annum). will be calculated from the original transaction dates on all outstanding balances and fresh purchases. You will lose the interest-free grace window, and the overdue record will be transmitted to credit bureaus (CIBIL, Experian, CRIF High Mark), adversely impacting your credit score.
Can I convert transactions on SBI Card MILES ELITE into EMI?
Yes, State Bank of India (SBI Card) provides merchant EMI and post-purchase in-app EMI conversion options for eligible transactions (typically above ₹1,500 to ₹2,500). Cardholders can configure repayment schedules from 3 to 24 months via the bank's mobile application, net banking dashboard, or SMS prompt. Conversion is subject to a nominal one-time processing fee (usually 1% to 2% + 18% GST) and tenure-based interest charges.
How do I track and redeem reward points or cashback on SBI Card MILES ELITE?
You can monitor accrued reward points or cashback by accessing your monthly e-statements or logging into State Bank of India (SBI Card)'s official mobile banking application or web portal. 1 Travel Credit = 1 Air Mile / 1 Hotel Loyalty Point (1:1 conversion ratio) across partners including Air India, Singapore Airlines, Etihad, Accor, and IHG. Please note: Travel Credits are valid for 24 months from the date of accrual.
What is the interest-free grace period on SBI Card MILES ELITE and how does it work?
The interest-free period on SBI Card MILES ELITE is 20 to 50 days.. This benefit is applicable strictly when the full Total Amount Due from the previous billing cycle was cleared by the payment due date. If any residual balance is carried forward, all purchases immediately incur daily finance charges (Up to 3.50% per month (42.00% per annum).) with zero grace period. ATM cash withdrawals never receive a grace period and incur interest and cash advance fees from the withdrawal timestamp.