Apply SBI ELITE Advantage Credit Card – Benefits, Eligibility, Cashbacks, Rewards

Do you want to apply SBI ELITE Advantage Credit Card?.  Then you are on the right page. In the previous article, we have given complete details about Fbb SBI Style up Card. Through this article, we are going to provide all the SBI ELITE Advantage Credit Card details like Required documents, Benefits, Eligibility, privileges, Rewards. People who are applying for the SBI ELITE Advantage Credit Card has to check the complete details like Eligibility, Require documents, Benefits, Welcome gifts, ELITE Rewards, Lounge programs, Features, Cashback offers, Movie offers and Shopping offers given by the SBI Card ELITE Advantage.

Here, we have provided the image of SBI Elite Advantage credit card. Also, you can check annual charges, late payment charges below. We have also given a link to track your SBI Elite advantage credit card application status. Let’s check complete details.

SBI Card ELITE Advantage

About SBI ELITE Advantage Credit card

EventsInformation
Card NameSBI ELITE Advantage Credit card
BankSBI Bank
Card TypeCredit Card
Credit Usage LimitIt depends upon various factors like income, job & previous credit score of the cardholder.
Cash Usage LimitUsually 25% of the total Credit Limit
Annual ChargesRs. 4,999/- + GST
Reward PointsAvail 5X Reward Points on Dining, Departmental Stores & Grocery Spends.

Earn 2 Reward Points per Rs. 100 on all other spends.

International UsageYes
Official WebsiteClick here

SBI ELITE Advantage Credit Card is given by the SBI Bank to the eligible applicant of age 21 to 60 years and the applicant must be the existing customer of SBI Bank. By having this credit card, there are more benefits and we can obtain more facilities by having SBI ELITE Advantage Credit Card. The applicant must be an Indian citizen. There are many Privileges like Rewards, Welcome Gifts, Lounge Programs etc.,  by having this card. These programs allow you to save some money which you spend on your SBI ELITE Advantage credit card.

Card NameSBI Card ELITE Advantage credit card
Age limit21 to 60 years
EligibilityExisting SBI Bank customer only can apply for this card

Eligibility Criteria

To apply for the SBI Elite Advantage credit card, the applicant should have the following eligibility:

  • Applicants age must be in between 21 and 60 years.
  • Applicant should be the existing customer of SBI Bank.
  • For both salaried and self-employed, the annual income is about 4.5 Lakhs per anum
  • Applicants should not have any EMI bounces.
  • Applicant must be an Indian citizen.

Required Documents

SBI will ask some documents while applying for SBI ELITE Advantage credit card. You have to submit the below-mentioned documents:

  • 2 passport size photos.
  • Identity proof – Aadhar card, passport, Voter ID, Driving License, Ration card (any one ID proof is enough).
  • PAN Card.
  • Address proof – Utility Bills, Aadhar card, voter ID, Ration card (any one ID proof is enough).
  • Income proof – Last 6 months Bank statements, Latest Pay slips.

How to Apply SBI ELITE Advantage Credit Card

To apply for SBI ELITE Advantage credit cardClick here

Follow the below steps to apply for SBI Card ELITE Advantage Credit Card:

  • Visit the official Website of SBI – www.sbicard.com
  • From the menu click on “personal”> “Credit cards”.
  • From the drop down list click on “Life style”>”SBI Card ELITE Advantage”
  • The detailed page of SBI Card ELITE Advantage appears and which upon scrolling shows “Apply now” option.
  • Here fill up the details like Name, Mobile number, City name, and Email ID.
  • Once check the details and click on the “Apply” button.
  • And then submit further documents for verification.
  • After completion of verification, an SBI executive get in touch with you

Features of SBI ELITE Advantage Credit Card

  • MasterCard/Visa Privileges
  • Fast & Convenient
  • Security
  • Global Acceptance
  • Fuel Surcharge Waiver
  • Fraud Liability Cover
  • Cash Access Across the World
  • Safe and Secure
  • Easy Bill Pay Facility
  • Flexipay
  • Balance Transfer on EMI
  • Easy Money

Benefits/Privileges

  • Welcome Gifts
  • Complimentary Movie Tickets
  • Milestone privileges
  • Elite Rewards
  • International Lounge Program
  • Domestic Lounge Program
  • Club Vistara Membership
  • Trident Privilege Membership
  • Lowest Forex Markup
  • Exclusive Concierge Service

SBI ELITE Advantage Credit Card Limit

No, fixed credit limit for SBI Card ELITE Advantage. Credit card limit is depends upon various factors like Employment, Income and previous credit score of customer. To know the credit card limit, Call us on our helpline number to check credit and cash limit details.

Welcome Gifts

To enable Welcome e-gift voucher of worth Rs.5000,  you will receive an SMS to choose from e-voucher options within 15 days of annual fees payment and the e-voucher will be sent to your registered mobile number/e-mail ID, within 5 days of the request. For Marks & Spencer, Pantaloons, Shoppers Stop and Hush Puppies /Bata you can redeem your e-gift voucher by showing the code and for Yatra and Shopper Stop you can redeem the code online while purchasing.

Movie Vouchers and Shopping Benefits

Free Movie Tickets worth Rs. 6,000 every year and transaction valid for 2 tickets per booking per month. Maximum discount for 2 tickets is Rs. 250/ticket and free ticket worth is Rs.6000/- per year. Get 5x Reward Points by spending on Dining, Departmental Stores, and Grocery stores. This offer valid for primary cardholders only.

Cashback and Rewards

Through these privileges, earn up to 50,000 Bonus Reward Points worth Rs. 12,500/- per year. Earn 15,000 bonus Reward Points on Rs. 5 lakhs and 8 lakhs per anum & 10,000 bonus Reward Points on spending Rs.3 lakhs and 4 lakhs per anum. Earn two Reward Points per Rs. 100 on all other spends. Pay your card outstanding with Reward Points(1 Rupee for 4 Reward points).

Domestic and International Lounge programs

Enjoy 2 complimentary Domestic Airport Lounge visits every quarter in India for Limited period. Use your SBI Card ELITE Advantage at the respective lounges, to avail the offer. Membership to the Priority Pass Program worth $99, six complimentary Airport Lounge visits per year, outside India (maximum 2 visits per quarter) which access over 1000 Airport Lounges worldwide. Only Primary Cardholders are eligible for Priority Pass & complimentary membership will be valid only for 2 years.

Membership facilities

Enjoy complimentary Club Vistara Silver Membership and get 1 complimentary Lounge Access Voucher and 1 Upgrade Voucher. Earn 9 Club Vistara Points for every Rs. 100 spent on Vistara flights. Offers valid only for Primary card holders. Enjoy complimentary Trident Privilege Red Tier Membership and get exclusive 1,000 Welcome Points on registration and enjoy 1,500 Bonus Points on your first stay & additional Rs. 1,000 hotel credit on extended night stay.

MasterCard/Visa Privileges

By these privileges enjoy 4 rounds of complimentary green fees access and up to 50% off on golf games along with 1 complimentary lesson per month at selected golf courses across India. Savings of up to 10% on Hertz car rental & up to 35% on Avis Car Rentals. Exclusive benefits across 900 luxury hotels worldwide and Earn up to 10,000 miles per night on hotel stay plus 25% extra miles on Kaligo.com.

Fees and charges

ChargesAmount
Fees
  • Annual Fee (one-time) :Rs. 4,999,
  • Renewal Fee (per annum): Rs. 4,999 from second year onwards,
  • Add-on Fee (per annum): Nil
Extended Credit
  • The interest-free credit period is 20-50 days, applicable only on retail purchases and if previous month’s outstanding balance is fully paid.
  • Finance charges are up to 2.5% per month, 30% per annum, from the date of transaction.
  • Minimum amount due is 5% of Total Outstanding (Min. Rs.200 plus all applicable taxes &  EMI based products + OVL amount
Cash Advance
  • The limit is up to 80% of the credit limit, with a maximum of Rs. 15,000 per day
  • The free credit period is Nil
  • Finance charges were upto 2.5% per month where 30% per annum, from the date of withdrawal.
Cash Advance Fee
  • For SBI ATM’s or other ATM’s, 2.5% of the transaction amount, subject to a minimum of Rs. 300/-.
  • For International ATM’s, 3% of the transaction amount, subject to a minimum of Rs. 300
Surcharges
  • Rs. 30 + 2.5% of the transaction amount for Railway tickets through counters.
  • 1.8% of transaction amount + service charge,for Railway tickets through irctc.co.in
  • Petrol and other products or services sold at petrol bunks is 1% fuel surcharge waiver for each transaction between Rs. 500 and Rs. 4,000, excluding all applicable taxes, wherever applicable & all other charges.
  • Maximum surcharge waiver of Rs. 250 per statement cycle, per credit card accounts.
  • Between Rs. 500 to Rs. 4,000, 1% of transaction amount is applicable.
Other charges
  • Statement retrieval: Rs. 100 per statement i.e., more than 2 months old
  • Payment Dishonor fee is 2%, subject to a minimum of Rs. 450
  • Cheque Fee: Rs. 100 (Payments made via cheque up to Rs. 10,000)
  • Late payment charge is NIL for Total Amount due from 0- 200 Rupees; Rs. 100 for the total Amount due greater than Rs. 200 & up to Rs. 500; Rs. 400 for the total Amount due greater than Rs. 500 & up to Rs. 1000; Rs. 600 for the total Amount due greater than Rs. 1000 & up to Rs. 10,000;  Rs. 800 for the total Amount due greater than Rs. 10,000 & up to Rs. 25,000;  Rs. 950 for total charge due greater than Rs. 25,000.
  • Overlimit:  2.5% of the overlimit amount subject to a minimum of Rs. 500
  • Card replacement: Rs. 100
  • Emergency card replacement, when abroad: Nil
  • Foreign currency transaction: Conversion mark up: 1.99%
  • Rewards redemption fee: Rs. 99
  • Cash Payment Fee: Rs. 100

Track Application

  • To track your SBI Elite Advantage Credit Card application status – Click here
  • To Retrieve your SBI Elite Advantage Credit Card application status – Click here

SBI Elite Advantage Credit Card Reviews

we are providing Pros and cons of SBI Elite Advantage Card, depending on reviews of customers.

Pros

  • Making daily purchases easy with this card.
  • Good Memberships and Lounge programs.
  • Providing benefits like  rewards, movie vouchers, etc.,

Cons

  • Taking a long time for activation.
  • Bothering customers with their calls.
  • High credit charges
  • Charging bills even not spending on the credit card.

Contact Details

SBI Cards and Payment Services Private Limited

Unit 401 & 402, 04th Floor,

 Aggarwal Millennium Tower,

E-1,2,3 Netaji Subhash Place,

Wazirpur, New Delhi -110034

Tel: 0124-4589803,

Fax: 0124-3987306

Hope you may get the complete details of SBI Card Elite Advantage details like About SBI Card Elite Advantage, Eligibility, Documents required, How to apply for SBI Card Elite Advantage Credit card, Benefits, Privileges, Rewards, Fees & charges, Tracking application details and Contact details. Share this article with your friends.

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