SBI Card Miles Elite
A travel card earning Travel Credits: 6 per ₹200 on travel, 2 per ₹200 elsewhere (up to 15,000 a month), convertible to airline miles and hotel points or ₹0.50 each on travel bookings; 1.99% forex markup and airport lounges. Every figure below is copied from SBI Card’s own documents; open a figure’s source link to read it there. Official terms last checked 2026-10-16.
Fees and charges
| Joining fee | ₹4,999 plus GST Product page |
|---|---|
| Annual fee | ₹4,999 plus GST Product page |
| Annual fee waiver | On ₹15,00,000 of spend in the year Product page |
| GST on fees | 18% |
| Foreign-currency markup | 1.99% of the transaction, plus GST MITC |
Rewards
Reward points, ₹0.50 each when redeemed as stated Product page.
| Spend | Earns | Cap |
|---|---|---|
| Travel (airlines, travel agencies, hotels, car rental) | 6 points per ₹200 Product page | up to 15,000 points a month (shared) Terms |
| All other eligible spends | 2 points per ₹200 Product page | up to 15,000 points a month (shared) Terms |
Earned as Travel Credits, redeemed by transfer to airline or hotel loyalty programmes, against travel bookings at ₹0.50, or in the product catalogue at ₹0.25.
Above 15,000 Travel Credits in a calendar month nothing more is earned. Quasi-cash spends (MCCs 6012, 6051, 9222, 9311, 9402) also earn nothing. Travel Credits are valid for 2 years.
No rewards on
Benefits
- Lounges: 8 domestic airport lounge visits a year (2 a quarter), plus one more for every ₹1 lakh spent (up to 15 extra a year), and 6 international Priority Pass visits a year (2 a quarter) Product page
- Fuel: 1% fuel surcharge waived on fills of ₹500 to ₹3,000, up to ₹500 a statement Terms
- Welcome: 5,000 Travel Credits on ₹1 lakh of spend within 60 days of issue Product page
- Milestone: 20,000 bonus Travel Credits at ₹12 lakh of annual spend Product page
Also on this card
Quoted from SBI Card; not counted in the net value.
- Travel Credits convert to airline miles and hotel points (1 Travel Credit = 1 mile or point before partner ratios) Product page
- 6 Travel Credits per ₹200 on travel spends Product page
- 1.99% foreign currency markup Product page
- 6 international Priority Pass lounge visits a year Product page
- An extra domestic lounge visit for every ₹1 lakh spent, up to 15 a year Product page
- Flight cancellation cover: up to 6 a year, ₹3,500 each Product page
- Loss of checked-in baggage cover up to ₹72,000 Product page
Eligibility
The issuer does not publish its criteria on the pages read. Approval is its own decision.
Not published by SBI Card in the documents read
- eligibility criteria
- a reward rate on UPI spends
- the rupee value of the welcome and milestone Travel Credits
Where SBI Card’s documents differ, and what is used
- Air accident cover: the product page still lists ₹1 crore of air accident cover, but a customer notice discontinued it on SBI Card Miles Elite from 15 Jul 2025; it is not listed.
- Fuel surcharge waiver: the product page gives none for this card; the terms booklet FAQ gives 1% on fills of ₹500 to ₹3,000 up to ₹500 per statement, which is used.
- Monthly cap: the terms say the 15,000 Travel Credit cap applies in a calendar month and then speak of the statement month; a calendar month is used.
The quotes behind the figures
45 figures, each copied from an official SBI Card document.
Show every quote and source
“Annual Fee: Rs. 4,999 + taxes”
“Renewal Fee (per annum): Rs. 4,999 + taxes”
“For the cardholders having state of residence in the records of SBI Card on the statement date as other than "Haryana" - Integrated Tax @ 18%”
“Annual Fee reversal on spends of Rs. 15 lakhs in a membership year”
“3% for SBI Card Miles, 2.5% for SBI Card Miles Primeand 1.99% (For AURUM, Elite, Prime NRI secured, Tata Neu Infinity SBI Credit Card and SBI Card Miles Elite).”
“1 Travel Credit = Rs. 0.50 for Travel Bookings”
“6 Travel Credits for every Rs. 200 spent on travel”
“Maximum Travel Credits that can be earned on online and offline spends in a calendar month will be capped at 15,000.”
“SBI Card Miles Elite Spends Travel Spends Other Spends Travel Credit 6 for every Rs. 200 spent 2 for every Rs. 200 spent”
“*Travel transactions shall be identified under Merchant Category Codes: 4511, 3020, 3026, 3034, 3005, 3008, 3075, 3136, 3007, 3010, 3047, 4722, 4784, 4131, 4111, 4121, 7512, 4789, 4214, 7011, 3640, 3509, 3649, 3501”
“2 Travel Credits for every Rs. 200 on all other spends”
“Any purchases at petrol pumps/service stations 5172, 5541, 5542, 5983”
“E wallet loading 6540, 6541”
“Payments towards Rent/property management 6513”
“School & Educational Services 8211, 8241, 8244, 8249, 8299”
“Utility transactions 4900, 4814, ,4899, 9399”
“Insurance transactions 5960, 6300, 6380”
“"isOnline" : "yes", "isVisibleOnWebsite" : "yes",”
“Miles Elite SBI Card - Benefits & Features - Apply Now | SBI Card”
“"filterBenefits" : "upi-payments"”
“SBI Card MILES ELITE 4,999 4,999 (Waived off on annual spends of Rs.15 Lakh or more in the preceding year)”
“1 Travel Credit = Rs. 0.25 for Shop & Smile Product Catalogue”
“Travel Credits are valid for 2 years from the date of receipt.”
“Quasi Cash 6012, 6051, 9222, 9311, 9402”
“1 Travel Credit = 0.25 for Shop & Smile Product Catalogue”
“In case of a scenario where reward points redeemed by cardholders are required to be adjusted as a statement debit then the conversion value of such points shall be: 1 Reward Point = 0.50”
“The Travel Credits accrued do not have cash or any monetary value.”
“You can earn Travel Credits on all your spends except Cash withdrawals, Balance Transfers, Flexipay, Encash, E-wallet uploads, Cashback transactions and spends on Rentals, Fuel & Utility bills.”
“Travel Credits will be credited on payment of Joining Fee”
“Additional lounge visits are capped at 15 visits in a membership year”
“Air Accident cover up to Rs. 1 crore”
“With effect from 15 July 2025, the complimentary Air Accident insurance coverage of ₹ 1 crore currently offered on your SBI Card Miles Elite will be discontinued.”
“8 complimentary Domestic Airport Lounge visits every year (max. 2 visits per quarter)”
“Travel Credits is not applicable on fuel spends. However, you will get 1% Fuel Surcharge Waiver across all Petrol Pumps in India on fuel transaction amount ranging from `500 to `3,000.”
“Maximum surcharge waiver of `500 per billing statement, per credit card account is applicable.”
“Get 5,000 Travel Credits on spends of Rs. 1 lakh within 60 days of card issuance”
“20,000 Bonus Travel Credits on annual spends of Rs. 12 lakhs”
“1 Travel Credit = Re. 1 for Air Mile / Hotel Point”
“Low Foreign Currency Mark-up Charge of 1.99% on international usage”
“6 complimentary International Airport Lounge visits every year (max. 2 visits per quarter)”
“Additional Domestic Lounge Visit with every spend of Rs. 1 lakh”
“Up to 6 flight cancellations per year, each limited to Rs. 3,500”
“Loss of check-in baggage cover up to Rs. 72,000”
“"ctaText" : "APPLY NOW", "ctaView" : "primary",”
“Use your card to make payments at any outlet that accepts MasterCard / RuPay”
Terms change, sometimes without notice. Read the issuer’s current terms before applying. CardWise has no affiliate arrangement with SBI Card or any issuer. Issuer names and logos belong to their owners and are shown only to identify each card’s issuer; CardWise is not affiliated with any issuer. The logo is SBI Card’s own file from its website, unaltered, fetched 2026-10-15. Methodology