SBI Card Miles Elite
SBI Card · Checked 2026-10-09
SBI Card Miles Elite is a paid card focused on travel benefits, flights and reward points, charging ₹4,999 annually before GST.
CardIQ editorial view
Our take
SBI Card Miles Elite is a paid card focused on travel benefits, flights and reward points, charging ₹4,999 annually before GST.
Who it suits
- People who prioritise travel benefits.
- People who prioritise flights.
- People whose normal usage can recover the annual fee through relevant benefits.
Key strengths
- 6 Travel Credits per ₹200 on eligible travel; 2 per ₹200 on other eligible purchases.
- Domestic lounge access has yearly and quarterly limits; additional visits can be earned through spend milestones.
Trade-offs to understand
- 1.99% foreign-currency markup, plus applicable taxes.
- Domestic lounge access has yearly and quarterly limits; additional visits can be earned through spend milestones.
- The ₹4,999 annual fee plus GST needs to be justified by benefits you will actually use.
CardIQ verdict
It deserves a place on the shortlist when your normal spending makes 6 travel credits per ₹200 on eligible travel; 2 per ₹200 on other eligible purchases valuable enough to clear the fee. Factor in this condition: 1.99% foreign-currency markup, plus applicable taxes.
Compare before deciding
- IDFC FIRST Mayura — A higher-fee option to compare for broader benefits around reward points and airport lounge access.
- RBL Bank World Safari Plus — A higher-fee option to compare for broader benefits around reward points and airport lounge access.
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Benefits, limits and conditions
- Travel Credits redeem at ₹0.50 for travel bookings or ₹0.25 for catalogue products; partner transfers follow their own ratios.
- 1.99% foreign-currency markup, plus applicable taxes.
- Domestic lounge access has yearly and quarterly limits; additional visits can be earned through spend milestones.