KVB SBI Card ELITE
SBI Card
Last verified: 22 Sept 2026
Reward Program
| Category | Earn Rate | Monthly Cap |
|---|---|---|
Dining (MCC 5812 Eating Places and Restaurants, 5813 Drinking Places (Alcoholic Beverages) – Bars, Taverns, 5814 Fast Food Restaurants) | 2.5% | ₹2,500/monthly |
Departmental Stores (MCC 5311 Department Stores) | 2.5% | ₹2,500/monthly |
Grocery Stores and Supermarkets (MCC 5411 Grocery Stores and Supermarkets) | 2.5% | ₹2,500/monthly |
| All other spends | 0.5% | No cap |
Redemption fee: 99
Managed via Shop & Smile Rewards portal (SBI Card website and mobile app)
Transfer partners
Instant Discounts
Booking of 2 or more tickets in a single transaction on the BookMyShow website; the discount is ₹500 or the cost of 2 tickets, whichever is lower, for a maximum of 2 tickets a month. Primary cards only. Convenience fee is payable by the cardholder. Not available in the BookMyShow app.
Marketed as 'free movie tickets worth ₹6,000 every year' — that figure is ₹500 × 12 months and assumes the benefit is claimed every single month.
Free enrolment in Club ITC is mandatory. A minimum two-night stay is required and the discount applies to the second night only, on the room tariff exclusive of taxes, for up to 2 people in a room. Room reservations only — food, beverages, spa, laundry, extra bed and third-party charges are payable in full. Not valid on EMI transactions and cannot be combined with other offers.
Valid across all room categories at participating hotels; the T&C states the offer may be availed multiple times during the offer period.
American Express network variant only. Promo code AMEXNETWORK, valid on Saturdays only, on orders above ₹600. Offer runs to 30 September 2026.
One of four American Express network offers that together make up the 'up to ₹600 instant discount' the card page advertises.
American Express network variant only. Promo code AMEX125, valid on Saturdays only, once during the offer period which runs to 30 September 2026, on a single restaurant or store bill above ₹600. Taxes, packing and delivery charges are not covered.
The T&C says 'once during offer period' rather than a recurring cadence, so it is recorded as a single lifetime claim within that window rather than a monthly one.
American Express network variant only. Valid on Saturdays only, on orders above ₹700. Offer runs to 30 September 2026. Discount is not applicable on select products.
Instamart is classified MCC 5411, so the same spend also earns the 5X grocery rate.
American Express network variant only. Promo code AMEXWEEKEND, valid on Saturdays only, on orders above ₹1,500. Offer runs to 30 September 2026. Not applicable on milk, tobacco, cigarettes or baby needs.
Blinkit is classified MCC 5411, so the same spend also earns the 5X grocery rate.
Live Offers
63 activeBenefits
Lounge Access
2 domestic visits/quarter
2 international visits/quarter
2 complimentary domestic airport lounge visits every quarter (8 a year), open to all cardholders with no spend condition. Internationally, complimentary Priority Pass membership worth US$99 gives 6 complimentary visits per calendar year outside India, capped at 2 per quarter; the membership is valid for 2 years. Priority Pass visits within India are always chargeable at up to US$27 + taxes, as are international visits beyond the 6 complimentary ones.
Fuel Surcharge Waiver
1% fuel surcharge waiver on transactions between ₹500 and ₹4,000 at all petrol pumps in India, capped at ₹250 per statement cycle per card account. GST on the surcharge is not refunded, and fuel spends earn no Reward Points.
Welcome Benefit
e-Gift voucher worth ₹5,000, redeemable against one of Yatra, Hush Puppies / Bata, Pantaloons, Aditya Birla Fashion or Shoppers Stop. Payable only after the annual fee is realised.
Complimentary 1-year Club ITC Silver Tier membership, available after the first transaction within 60 days of card issuance.
Insurance Cover
Credit card fraud liability cover₹1,00,000
Milestone Benefits
Reward Calculator
Assumes the best-paying merchant everywhere, so read it as a ceiling rather than an average.
What this card is worth
Open a section and enter what you actually spend. Everything updates as you type.
Fees & Charges
| Joining Fee | ₹4,999/yr |
| Renewal Fee | ₹4,999/yr |
| Fee Waiver | Spend ₹10,00,000/year |
| Forex Markup | 1.99% |
| Interest Rate | 45% p.a. |
| Cash Advance Fee | 2.5% of the transaction amount, subject to a minimum of ₹500, at domestic and international ATMs. |
| Reward Redemption Fee | 99 |
