SBI Elite Credit Card is a card for premium customers who like to get travel benefits like domestic and international lounges, lower forex markup at 1.99% for international use. The joining fee of the SBI Elite Card is RS 4999. This can be waived off if you spend a minimum of Rs 10 lakh in a year.
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| Documents Required for Identity Proof |
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| Documents Required for Address Proof |
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| Documents Required for Income Proof |
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| Other Documents Required |
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Additionally, you can log on to the SBI official website and apply for a card online at www.sbicard.com
| Fees/Charges | Amount |
|---|---|
| Annual Fee | Rs 4999 |
| Add-on Fee | Nil |
| Finance charges for extended credit | 3.50% p.m. (42% p.a.) for unsecured cards; 2.75% p.m. (33% p.a.) for Shaurya, Defence Cards and Secured cards |
| Minimum amount due for extended credit | 5% of Total Outstanding [ Min Rs 200 + all applicable taxes + EMI (in case of EMI based product) + OVL amount (if any)Total GST + EMI amount + 100% of Fees/Charges + 5% of [Finance Charge (if any) + Retail Spends and Cash Advance (if any)] + Overlimit Amount (if any) |
| Cash advance limit | Up to 80% of the credit limit, with a maximum of Rs 15,000 per day |
| Cash advance fee | 2.5% of the transaction amount, subject to a minimum of Rs 500 |
| Statement retrieval | Rs 100 per statement that is more than 2 months old |
| Payment Dishonor fee | 2% of the payment amount, subject to a minimum of Rs 500 |
| Cheque pick-up fee | Rs 100 |
| Overlimit | 2.5% of over-limit amount subject to a minimum of Rs 600 |
| Card replacement | Rs. 100 - Rs. 250 (Rs.1500 for Aurum) |
| Emergency card replacement when abroad | Actual cost ( subject to minimum of $175 for VISA $148 for Mastercard) |
| Foreign currency transaction | Conversion markup of 1.99% |
| Rewards redemption fee | Rs 99 |
| Cash payment fee | Rs. 250 |
| Railway tickets through counters | As prescribed by IRCTC / Indian Railways |
| Amount (in Rupees) | Late payment fees (in Rupees) |
|---|---|
| 0 – 501 | Nil |
| 501 – 1000 | 400 |
| 1001 – 10000 | 750 |
| 10001 – 25,000 | 950 |
| 25,001 – 50,000 | 1100 |
| > 50,001 | 1300 |
Now earn various reward points and bonus reward points at a faster pace with every transaction with your SBI ELITE Advantage Credit Card. The more reward points you gain, the greater your chances become to redeem the reward points for your spends. This will save you a lot of money which otherwise would have gone from your pocket and made a hole in it.
These reward points can be redeemed to make several online purchases on www.sbicard.com. Customers can also redeem reward points against their SBI credit card outstanding balance.
You can avail the following reward points on your SBI ELITE Advantage Credit Card:
You can only redeem reward points in multiples of 2000 points per request. The gift from the reward points will be delivered to the customer’s given address, i.e., only to the primary card holder’s address. Gifts (i.e., merchandise) will be delivered within 15 working days and gift vouchers will be sent in 10 working days. Once the request to redeem the reward points has been made, it cannot be cancelled or changed.
Gift vouchers will be valid for a period of three months. SBI charges a fee of Rs 99 along with service tax to the SBI card account after a request to redeem the reward points has been made by the customer
SBI Credit Card Rewards Store/Catalogue
| Category | Brands |
|---|---|
| Accessories | Samsung/ Michael Kors/ Fossil/ Bvlgari/ Rayban/ Lavie/ Bata/ Tommy Hilfiger/ Parker/ Hidesign/ Nike/ Park Avenue/ Swiss Military/ Esprit/ Ferragamo/ Fastrack/ Voylla etc. |
| Apparel & Superstore | Shoppers Stop/ Celio/ Hush Puppies/ Pantaloons/ More/ Aurelia/ Myntra/ Central/ Raymond/ Levis/ Louis Philippe/ Allen Solly/ Inglot/ Van heusen/ Vero Moda/ Arrow/ United Colors of Benetton/ Woodland etc. |
| Books & Periodicals | Annual subscriptions of India Today/ Vogue/ GQ/ Good Homes/ Femina/ Filmfare/ Hello/ Grazia/ Business Today/ Harper’s Bazaar/ Cosmopolitan India/ Architectural Digest/ Reader’s Digest etc. |
| Electronics | Apple/ Samsung/ Sennheiser/ Skullcandy/ Philips/ HP/ Amazon/ Google/ Bose/ JBL/ Fitbit/ BoAt/ Fossil/ MI/ Fastrack/ Motorola/ AT&T etc. |
| Elite Book of Rewards | Shoppers Stop/ US Polo Assn./ Arrow/ Pantaloons/ Amazon/ Google/ PC Jeweller/ Kalyan Jewellers/ Tanishq/ Joyalukkas |
| End of Season Sale | Victorinox/ HP/ MI/ Havells/ Swiss/ Motorola/ Wenger/ Fossil/ Skullcandy/ Google/ Bajaj/ Vaya/ Morphy Richards/ Park Avenue/JBL/ Nike/ Tupperware etc. |
| Entertainment & Dining | BookMyShow/ SMAAASH/ Oh Calcutta/ Sweet Bengal/ The Beer Café/ Sigree/ TGIF/ Mainland China/ PVR/ KFC/ Chaayos/ Costa Coffee/ Pizza Hut/ Baskin Robins |
| E-voucher | MakeMyTrip/ Flipkart/ Croma/ Yatra/ Urban Ladder/ Amazon/ Apollo Pharmacy/ The Body Shop/ Archies/ Shoppers Stop/ Allen Solly/ Cult.fit/ Pantaloons/ Fab Hotels etc. |
| Festive Catalogue | Diesel |
| Health & Fitness | Apple/ Fitbit/ MI/ Philips/ Goomo/ Cult.fit/ Fastrack/Nivia/ Dr. Morepan/ Victorinox/ Portronics/ Omron/ FitPass/ Nike/ Apollo Pharmacy/ Swiss Military etc. |
| Homeware | Kent/ Morphy Richards/ Havells/ Hindware/ Urban Ladder/ Victorinox/ Bajaj/ DKNY/ Orient/ Vaya/ Wonderchef/ Prestige/ Borosil/ Milton/ Black + Decker/ Tupperware etc. |
| Kids Zone | Vaya/ Wildcraft/ Lego/ Disney/ Zephyr/ American Tourister/ Gini & Jony/ Borosil etc. |
| Lifestyle | Sennheiser/ Bose/ Diesel/ Hermes/ Fossil/ Citizen/ Skagen/ DKNY/ Bvlgari/ Guess/ Esprit/ Lavie/ Bata/ Timex/ Park Avenue/ VLCC etc. |
| Luxury | PC Jeweller/ Kalyan Jewellers/ Helios/ Tanishq/ Joyalukkas |
| Memberships | Accor Plus/ Cult.fit/ FITPASS |
| Preferred partner | Card Protection Plan/ FBB/ Central |
| Travel & Holiday | MakeMyTrip/ Swiss Gear/ Wildcraft/ Yatra/ Accor Plus/ Victorinox/ American Tourister/ Adidas/ Swiss Military/ Fab Hotels/ Cabeau etc. |
To check your reward points gained from your SBI ELITE Advantage Credit Card:
Redeem reward points through Website
Redeem reward points through Mobile App
Customer care for SBI Credit Card
You can clear all your doubts and queries through SBI customer service. You can get access to the SBI customer service executives through the SBI helpline number, SMS service, address or email id. Resolve all your credit card queries and complaints regarding gift vouchers, reward points, credit score, annual spends, add on cards, required documents, annual fee, credit card application and many more in the best possible way through the SBI credit card helplines.
SBI Credit Card Toll Free Number:
SBI Credit Card “Simply SMS” Service
Send different messages to get answers for your queries using SBI’s Simply SMS Service at the number 5676791
SBI Credit Card Postal Address
Correspondence: SBI Card, P.O. Bag 28, GPO, New Delhi – 110001
Head office: SBI Card, Correspondence Department, DLF Infinity Towers, Tower C, 10-12 Floor, Block 2, Bldg 3, DLF Cyber City, Gurgaon – 122002, Haryana, India
SBI Credit Card Email Click on https://www.sbicard.com/en/contact-us/personal.page#title to email to SBI.
Get the real-time status of your SBI credit card by simply visiting the official SBI website. You just need to put your credit card application number and follow a few simple steps and you are done with the credit card application status. Now, the credit card application status can be anything from approval, pending for approval or even rejected. Do ask the reasons for your credit card application rejection if it has happened.
You can either call the branch officials or the customer care executives to know the reasons or you can write an e-mail to the customer care executives. If you can remove the discrepancy in your credit card application, do so and apply again to get an approval.
The credit limit depends on the income, credit score, job or business stability along with other factors. So, to get a higher credit score limit, it’s important to have a decent income and have a good credit score well past 750. It is also important to have a stability in either your job or business.
Existing cardholders can get good credit limit by asking SBI to raise the credit limit. After receiving the request of limit enhancement, SBI will check the repayment pattern, employment and business details before coming to a decision of whether it will raise the credit limit or not.
A good credit limit or a higher credit limit does not mean that you should spend an excessive amount which will be more than your ability to pay back on time. Over-spending and failure to make a payment by the due date can create a default-like situation in which the creditors might raise interest rates to the default (or penalty rate) or decrease the line of credit. In case of serious defaulting on a credit card, the bank can even take legal action to enforce payment.
This is not a situation anybody would want to be in as default is a serious credit card issue that affects not only your standing with the credit card issuer but also your credit standing in general and your ability to get approved for other credit-based services. The reasons are obvious, the credit score would come down, which could make it tricky to gain an easy approval to the credits you may apply in the future.
In addition, you would struggle to meet other financial liabilities that you may have to carry out on a monthly basis.
At the same time, don’t be too less on the utilization as that would make it hard to build a credit history for you and would interfere with your good credit score. So, you need to strike a balance between the annual spends to ensure a proper credit utilization ratio, translating into a good credit history and a non-default situation.
SBI ELITE Advantage Card Online Bill Payment
Do away with the bill payment delays by adding your SBI ELITE Advantage Card to the list of billers via net banking and pay your bills on time and avoid default.
If you are using the Internet Banking of SBI or some other bank, mention your credit card number correctly. You will receive an SMS indicating the total due and due date. You can login and pay from the comfort of your home or office either on or before the due date.
Frequently Asked Questions (FAQs)
What is SBI Elite Advantage Credit Card?
SBI’s Elite Advantage Credit Card is one of the best SBI credit cards best suited for movie lovers, shopping discounts, and other luxuries like Golf benefits, Airport lounge access etc. It offers 5X rewards points along with up to 50,000 bonus reward points. Customers can redeem their reward points against their SBI credit card outstanding balance or redeem the reward points to make several online purchases through SBI’s “Shop and Smile” reward program.
How to avail free movie tickets on SBI Elite Advantage Credit Card?
Follow the steps to avail free movie tickets on SBI Elite Advantage Credit Card:
How to get SBI Elite Advantage Credit Card welcome gift voucher?
You need to pay the annual fee of SBI Elite Advantage Credit Card to avail the welcome gift voucher. You will receive an SMS to choose from welcome gift voucher options within 15 days of annual fees payment. The welcome gift voucher you choose will be sent to your registered mobile number/e-mail ID, within 5 days of the request.
How to redeem SBI Elite Advantage Credit Card reward points?
You can redeem SBI Elite Advantage Credit Card reward points through either SBI credit card website or SBI mobile app. To redeem SBI Elite Advantage Credit Card reward points, you need to log in to either the SBI website or the mobile app. Click on “Rewards” and then on “Redeem Rewards” and choose a reward of your choice. Click on “Redeem now” and confirm.
Can I replace my SBI Elite Advantage Credit Card with another?
To replace SBI Elite Advantage Credit Card to another credit card, customers can either call on the SBI helpline number 1860 180 1290 or 390202 (prefix local STD code) or write at www.sbicard.com/email regarding their request. Additionally, the customers can also login to their SBI card account at sbicard.com to place their request for card replacement or card conversion. Alternatively, customers can login to Chatbot ILA, ask their query about card replacement or conversion and follow the guided steps.
What should I do if I have not received my welcome gift voucher for SBI Elite Advantage Credit Card?
The request for welcome gift voucher has to be placed within 15 days of payment of annual fee. The chosen gift voucher will be received by the customer 5 days after the request has been placed. If you have not yet received SBI Elite Advantage Credit Card welcome gift voucher after designated time, you should call the SBI credit card helpline. The SBI credit card helpline numbers are:
Additionally, you can also write to SBI at sbicard.com/email about your query.
How to change the pin for SBI Elite Advantage Credit Card?
To change the pin for SBI Elite Advantage Credit Card, follow the given steps:
Who can apply for SBI Elite Advantage Credit Card?
Only Indian citizens can apply for the SBI Elite Advantage Credit Card. Salaried applicants should be aged between 21-70 years and applicants who are self-employed should be aged between 25-70 years. Applicants must also have a good credit score. Applicants must be above 15 years of age and should be able to produce all the required documents.
What is Flexipay and do SBI Elite Advantage Credit Card users get this feature?
Flexipay is an amazing feature extended to SBI Elite Advantage credit card holders that allows the users to convert their purchases of Rs 2500 or above into easy EMIs.
Can a customer get an add-on card for SBI Elite Advantage Credit Card?
Yes, users of SBI Elite Advantage Credit Card can get add-on cards for their parents, spouse, children or siblings provided the recipient is above 18 years of age.
How do I increase my SBI Elite Advantage Credit Card limit?
Cardholders can visit www.sbicard.com and choose to increase their credit limit. Alternatively, they can also SMS “INCR XXXX” (last 4 digits of your card number) to 5676791 from their registered mobile number to increase their credit limit for SBi Elite Advantage Credit Card.
Do I need to pay the fraudulent transaction amount on my SBI Elite Advantage Credit Card?
No. SBI Elite Advantage credit cardholders get a complimentary fraud liability cover of Rs 1 lakh which is liable from the period of 48 hours prior to reporting of loss till 7 days post reporting of loss.
What are the different airline conversion partners available for the SBI Elite Advantage Credit Card?
Jet Privilege is a conversion partner that lets you convert your reward points into JP miles. The conversion factor is 4 rewards = 1 JP mile.
What is the interest rate for SBI Elite Advantage Credit Card?
The interest rate on SBI Elite Advantage Credit Card is up to 3.35% per month or 40.2% per annum.
