SBI Elite Credit Card Apply – Review Details: How to apply for SBI Elite card, which documents will be required, what are the fees of charges, apart from this how much credit limit can be available, where can this credit card be used, what is the card What are the benefits, what are the disadvantages and answers to some important questions related to SBI Elite Credit Card will also be found, for this you have to read this article till the end.
At present, new credit cards are being launched, which offer credit limits to users by different banks, finance companies, in today’s article I will tell you about SBI Card ELITE credit card given by State Bank of India. I am going to provide information about.
What is SBI Elite Credit Card?
Offered by State Bank of India, this is a premium credit card that can be used for all rounder purposes, especially for travel, booking movie tickets, booking air lounges in the country and abroad, redeeming points , was launched in view of the cashback offer.
This credit card comes with a joining fee of just ₹ 4999, the annual fee is waived if you spend Rs 10 lakh or more with the card for a year.
Read Also : IDFC FIRST Bank Classic Credit Card
SBI Elite Credit Card Details
Some important information about SBI Elite Credit Card is mentioned in the table below.
| Card Name | SBI Elite Credit Card |
| Card Type | Premium Credit Card |
| Best Suited For | Lifestyle, Rewards and Travel |
| Welcome Benefits | Rs. 5,000 worth welcome gift vouchers |
| Card Ratings | (4/5) |
| Joining Fee | Rs. 4,999 |
| Minimum Income Required | Rs. 60,000 per month |
Documents Required for SBI Elite Credit Card
- Aadhar Card
- Pan Card
- Form 16 /IT Returns/ Salary Slip
- Aadhar Link Mobile No
- Active Bank Account
- A Selfie
Note: SBI Bank may also ask for other documents for this credit card according to it, you also have to keep this in mind.
Read Also : IDFC FIRST Select Credit Card
SBI Elite Credit Card Terms and Conditions (Eligibility)
- Applicant’s age should be between 18-70 years.
- The age of the add-on cardholder should be more than 15 years.
- Applicant must be a citizen of India.
- A credit score of 750 or above is required to be eligible for the card.
- Applicant should be a salaried person, self employed, and his/her monthly salary should be more than ₹60,000.
- For this credit card, the applicant should have address proof, identity proof, KYC documents approved by the Government of India.
Note: SBI Elite Credit Card can apply for this credit card in select cities of India. If you live in a rural area, you may not get this credit card. Approval gets done quickly in metro city.
SBI Elite Credit Card of Fees and Charges
For SBI Elite Credit Card, you have to pay certain fees and charges which are shown in the table below.
| Type of Charge | Amount |
|---|---|
| Joining Fee | Nil |
| Annual fee | Rs.4,999 |
| Renewal fee per annum | Rs.4,999 (From 2nd year) |
| Add-on card fee | Nil |
| Cash advance fee | 2.5% of the amount withdrawn or Rs.500 (Domestic ATMs)2.5% of the amount withdrawn or Rs.500 (International ATMs) |
| Finance Charges | 3.50% per month or 42% per annum |
| Payment dishonor fee | 2% of the payment amount; Minimum of Rs.450 |
| Statement request | Rs.100 per statement (more than 2 months old) |
| cash payment fee | Rs.199 + applicable taxes |
| Late payment |
|
| Check payment fee | Rs.100 |
| Card replacement fee | Rs.100 to Rs.250 |
| Over limit fee | 2.5% of the over-limit amount; Minimum of Rs.600 |
| Rewards redemption fee | Rs.99 |
| foreign currency transaction | 1.99% |
SBI Elite Credit Card Limit
The credit limit for the SBI Elite credit card is set by the bank. SBI Bank takes into account several factors before setting the limit such as the credit score of the applicant, the credit ratio of the applicant along with the repayment of the previous loan. Here the maximum limit can be found up to ₹ 10 lakh, if you do the credit card on time.
Read Also : Axis Bank Neo Credit Card
What will be the interest rate on SBI Elite Credit Card?
The interest rate on SBI Elite Credit Card ranges from 3.50% to 42% per month. Here you get this credit card with a joining fee of only ₹ 4999.
SBI Elite Credit Card Benefits
Various types of cashback offers are given on SBI Elite credit card, here we have told about the benefits of this credit card, which you can read about below.
- For SBI Elite Credit Card, you are given a welcome bonus of up to ₹ 5000, where you can avail the joining fee of ₹ 4999.
- On this credit card, you can get 5X Reward Points on redeem points on dining, departmental stores and grocery spends.
- Apart from this, 2 Reward Points can be availed here on all expenses except fuel and 2 Reward Points for every Rs 100 spent on International Transactions.
- One can book movie tickets up to ₹6000 in a year on SBI Elite Credit Card, which also offers international Hawaii lounge facility on this great card.
More Benefits : Click Here
How to Apply for SBI Elite Credit Card?
You can follow the steps mentioned below to apply for SBI Elite Credit Card. If you are already a customer of SBI, then you can still apply for this credit card, new users can also take this credit card.
Step 1. Firslly you have to visit to the official website.
Step 2. After that submit your name, address, mobile number, email id.
Step 3. After this, verify the OTP with your mobile number.
Step 4. Now submit your PAN card, pin code, address.
Step 5. After this select occupation, net income, credit card.
Step 6. Now you have to click on Proceed.
Step 7. After this submit the application form, now you get the credit limit, then you can activate this card through the application and use it.
Note: If you use the credit card properly then it can prove to be effective for you, otherwise it does not delay in converting your happiness into sorrow. Therefore, use the card wisely, while taking a credit card, definitely read the terms of condition, interest rate etc.
Read Also : Tata QiK EMI Credit Card
SBI Elite Credit Card Customer Care No
If you face any kind of problem then you can get the solution of your problem by talking to the customer officer of SBI Bank, apart from this you can also get the solution through live chat on the official website.
- SBI Bank customer toll-free is: 1800-180-1290
- Tolled number: 1860-180-1290 / 1860-500-1290
My SBI Elite Credit Card Review
If I tell about my personal experience, then the Elite Credit Card offered by SBI Bank is a premium all rounder credit card, which can be used to book travel, movie tickets, book air lounges in the country and abroad, redeem points, cashback The most important thing about this credit card is that you can get maximum benefits with the help of this card.
FAQ’s on SBI Elite Credit Card
Q1. Is there any joining fee for SBI Elite Credit Card?
Ans. You will have to pay Rs 4,999 in the initial time.
Q2. What is the membership fee per year for SBI Elite Credit Card? can i forgive this?
Ans. The annual subscription fee for SBI ELITE credit card is Rs 4,999. The annual fee is waived if you spend Rs 10 lakh or more with the card for one year.
Q3.What is the withdrawal limit for SBI ELITE card?
Ans. The withdrawal limit offered for this card is up to 80% of the total credit limit.
Q4.How to apply for SBI ELITE Card?
Ans. You can avail various add-on cards on the Elite Credit Card. You can apply for SBI ELITE card online or by visiting the nearest branch.
Q5. Can I increase my credit limit on SBI Elite Card?
Ans. You can increase the credit limit by paying this credit card on time, apart from this your credit limit also starts increasing. If you withdraw only up to 80% from the bank. This will give you greater access to funds in case of an emergency.
Q6.In how many days does SBI Elite Credit Card Welcome Kit get delivered at home?
Ans.SBI Elite Credit Card Welcome Kit is delivered at home via post in 15 to 20 days. You can activate it through SBI Bank Mobile App .
Disclaimer : Apply for credit card according to you, we do not have anything to do with it, we have provided the information here only for education purpose, to avoid any fraud your card details, CVV number, Month- Year, do not share personal information with anyone.