Sbi Elite Advantage
SBI Card
Sbi Elite Advantage
SBI Card
PREMIUMPOINTS
Annual Fee
₹4,999
Effective Rate
0.25%
Network
MASTERCARD
Point Value
₹0.25/pt
currency_exchange0% Forex
About Sbi Elite Advantage
Enhanced version of SBI Elite. Premium rewards + lounge + milestone benefits. Annual fee reversal at ₹10L.
Best For
publicInternational travelersdiamondPremium cardholders
Pros & Cons
thumb_upPros
- check_circleZero forex markup on international transactions
thumb_downCons
- cancelAnnual fee of ₹4,999 with no waiver option
- cancelPoints redemption catalog may limit flexibility
Fees & Charges
Key fees at a glance. For the complete schedule refer to the official Key Fact Statement (KFS) on the SBI Card website.
| Annual Fee | ₹4,999 |
| Forex Markup | 0% (Zero Markup) |
| Interest Rate (APR) | Refer to KFS |
| Late Payment Charges | Refer to KFS |
| Cash Advance Fee | Refer to KFS |
Eligibility & Documents Required
Eligibility Criteria
- checkAge: 18–70 years (primary cardholder)
- checkMinimum annual income: As per bank norms
- checkCIBIL score: 750+ recommended
- checkEmployment: Salaried or self-employed Indian resident
Documents Required
- descriptionPAN Card (mandatory)
- descriptionAadhaar / Passport / Voter ID (address proof)
- descriptionSalary slips — last 3 months (salaried)
- descriptionLatest ITR or Form 16 (self-employed / salaried)
- descriptionBank statements — last 3 months
- descriptionPassport-size photograph
Frequently Asked Questions
Common questions about Sbi Elite Advantage.
Ready to apply for Sbi Elite Advantage?
Apply directly on the SBI Card website. Most decisions within 7–10 working days.
Affiliate disclosure: CreditBrain may earn a referral fee if you apply via our link. This does not affect our editorial independence.