SBI Card ELITE Advantage
SBI Card · Open to apply
SBI Card ELITE issued against an SBI fixed deposit: ₹4,999 a year, reversed on annual spends of ₹10 lakh. SBI Card publishes no separate reward terms for it, so its rewards are not entered.
- Annual fee
- ₹4,999 + GST a year
- Joining fee
- ₹4,999 + GST
- Fee waiver
- Annual fee waived on ₹10,00,000 spend per card year
- Lounges
- None on record
- Forex markup
- 3.5%
- Data
- Terms not entered, checked 6 Nov 2026
Terms the calculator does not value
- SBI Card publishes no reward terms for this card in the documents found (no product page, T&C booklet or product-page data file), so no currency, earn rule, welcome or milestone is entered and the card is listed, not valued. The three exclusion lists name it, so its points stop on rent, government and gaming spends. The KFS gives a 1.99% foreign currency fee to "Elite" without saying whether ELITE Advantage is included, so the 3.5% default is kept.
Sources
- SBI Card Key Fact Statement (file dated 26 Aug 2026) (Schedule of charges, the bank's own, read 6 Nov 2026)
- SBI Card Most Important Terms and Conditions, common MITC (PDF of 30 Oct 2026) (Most important terms (MITC), the bank's own, read 6 Nov 2026)
- SBI Card list of credit cards where reward points do not apply on rent payments from 1 Apr 2024 (Bank notice, the bank's own, read 6 Nov 2026)
- SBI Card list of credit cards where reward points do not apply on government-related transactions from 1 Jun 2024 (Bank notice, the bank's own, read 6 Nov 2026)
- SBI Card list of credit cards where reward points do not apply on digital gaming platforms from 1 Dec 2024 (Bank notice, the bank's own, read 6 Nov 2026)
- SBI Card Who We Are page (news item "Advantage SBI Card on SBI YONO", Sep 2026) (Press release, the bank's own, read 6 Nov 2026)
- Business Today, SBI Card launches fixed deposit backed secured credit cards on YONO (24 Sep 2026) (News, read 6 Nov 2026)