- Joining fee
Rs. 1,499 + GST
- Annual fee
Rs. 1,499 + GST
- Best suited for
Travel
- Reward type
Reward Points
Rewards
- Rewards rate
Get 2 Travel Credits for every ₹200 spent on travel and 1 Travel Credit for every ₹200 on other expenses.
- Welcome benefits
Get 1,500 Travel Credits on spending ₹30,000 within 60 days of issuance.
- Reward redemption
Convert Travel Credits into air miles, hotel points, travel bookings, etc.
Benefits
- Travel
Complimentary Priority Pass Membership is available to cardholders.
- Domestic lounge
4 complimentary domestic airport lounge access per year.
Fees & charges
- Spend-based waiver
Annual Fee is Reversed on Spending ₹6 Lakhs.
- Rewards redemption fee
₹99
- Foreign currency markup
3% of the amount transacted.
- Interest rates
3.75% Per Month (45% Per Annum)
- Fuel surcharge waiver
1% Fuel Surcharge Waiver on fuel transactions between ₹500 to ₹4000.
- Cash advance charges
2.5% or ₹500
Product highlights
- SBI MILES Credit Cardholders will enjoy access to 1000+ airport lounges worldwide with the complimentary Priority Pass Membership worth $99.
- For every ₹1 Lakh spent, you will receive one extra visit to domestic airport lounges.
- Earn 5,000 bonus travel credits by making annual spends of ₹5 lakh.
- 1,500 Travel Credits will be credited to the cardholder’s account as a welcome gift.
Pros & cons
Pros
- 2 complimentary domestic airport lounge access per quarter all over India.
- 3% foreign currency mark-up charge on international transactions.
- Spend-based reversal on annual spends of ₹6 lakhs.
Cons
- This card does not provide any offers on movies or dining.
- Insurance benefits are also not provided by this card.
FAQs
Are there any fees associated with SBI Card MILES?
There is an annual fee and other charges associated with your SBI MILES Credit Card. The joining and renewal fee is ₹1,499 which will be waived off on spending ₹6 lakhs.
Can I use the SBI Card MILES for international transactions?
Yes, the SBI Card MILES can be used for international transactions. Just be mindful of the foreign transaction fees that might apply.
Can family members use my SBI Card MILES?
Primary cardholders can request additional cards for family members, allowing them to earn miles on their spending. However, the primary cardholder is responsible for all charges.
For how long are the Travel Credits valid?
The Travel Credits are valid for two years. This means you can redeem them for travel-related purchases such as booking flights, hotels, etc. within the given time frame.