Central Bank of India SBI ELITE Credit Card
SBI Bank (in partnership with Central Bank of India)
Last updated: Feb 03, 2026
₹4,999
₹4,999
1.99%
14 visits/yr
Contents
A premium co-branded Elite card from Central Bank of India in partnership with SBI Card. It focuses on lifestyle benefits — enhanced reward rates on dining, groceries and departmental stores, complimentary movie tickets and airport lounge access. Suited for cardholders who want milestone bonuses and travel/lifestyle perks.
Features of Central Bank of India SBI ELITE Credit Card which makes it unique
Priority Pass Membership
Complimentary Priority Pass membership with limited complimentary visits
International lounge access
Higher lounge allowance than many standard cards
Milestone Rewards
Bonus reward points on achieving defined annual spends
Large yearly bonus potential
Generous milestone caps
Rewards Structure of Central Bank of India SBI ELITE Credit Card
Dining
acceleratedDining spends.
Earn 5X on dining spends.
Grocery and departmental store
acceleratedGrocery and departmental store spends
Earn 5X on grocery & departmental store spends.
Base
baseAll Other Retail Purchases
Standard base earn rate.
Milestones of Central Bank of India SBI ELITE Credit Card
Milestone Bonus (3–4 lakh)
₹3,00,000 : 10,000 Bonus Reward Points
Milestone Bonus (5–8 lakh)
₹5,00,000 : 15,000 Bonus Reward Points
Annual Cap Bonus
Up to ₹8,00,000+ : Up to 50,000 Bonus Reward Points (per year, as per T&C)
Fees & Charges of Central Bank of India SBI ELITE Credit Card
| Fee & Amount | Fee Value |
|---|---|
| Joining Fee | ₹4,999 |
| Annual Fee | ₹4,999 |
| Forex Markup Fee | 1.99% |
| Cash Advance Fee | 0 |
| Late Payment Fee | 0% |
| Over Limit Fee | 0 |
| Returned Payment Fee | 0 |
| Cash Withdrawal Fee | 0% |
Renewal Conditions:Renewal fee ₹4,999; spend-based reversal/waiver available on qualifying annual spends (see Terms).
Fee Explanation Refer to the card's Most Important Terms & Conditions for full fees and charges.
Detailed Explanation of Central Bank of India SBI ELITE Credit Card Fees
Annual Fee: 4999 (one-time)
Renewal fee ₹4,999 from second year onwards; refer to Terms for waiver conditions.
Foreign Currency Markup: 1.99% (transaction)
Lowest Forex markup as advertised for international usage.
Lounge Access Benefits with Central Bank of India SBI ELITE Credit Card
international Lounges
silverVisits per year: 6
Guest access: No
Complimentary Priority Pass membership; usage fee applies after complimentary visits as per Terms.
domestic Lounges
silverVisits per year: 8
Guest access: No
2 complimentary domestic lounge visits every quarter.
Insurance Coverage with Central Bank of India SBI ELITE Credit Card
Credit Card Fraud Liability
₹1,00,000Valid per card terms.
Air Accident Liability (subject to change)
Previously ₹1,00,00,000Benefit discontinued for some variants effective Aug 11, 2025; check latest T&C.
Additional Features of Central Bank of India SBI ELITE Credit Card
Contactless Payments
Tap and pay enabled (Visa PayWave / RuPay contactless)
Add-on Cards
Up to 3 add-on cards available
Welcome Bonus with Central Bank of India SBI ELITE Credit Card
Welcome Bonus: ₹5,000 Gift voucher
Bonus Conditions: Choose e-voucher within 21 working days of annual fee payment; e-voucher delivered within 5 days of request.
Application Process for Central Bank of India SBI ELITE Credit Card
Processing Time
5-7 business days
Online Application
Available
Instant Approval
Not Available
Step-by-Step Process
Apply online via SBI Card or Central Bank of India portal
Upload KYC documents
Receive verification call or email
Card dispatched within standard processing timelines
Required Documents for Central Bank of India SBI ELITE Credit Card
ID Proof
allAccepted documents:
Address Proof
allAccepted documents:
Income Proof
salariedAccepted documents:
Central Bank of India SBI ELITE Credit Card Merchant Acceptance Network
Domestic Acceptance
Wide coverage across India
International Acceptance
Accepted globally
Online Acceptance
Yes
Payment Technologies
Mobile Wallet Support:
Excluded Merchants
Eligibility Criteria for Central Bank of India SBI ELITE Credit Card
Quick Eligibility Check
Minimum Age
21+
Credit Score
0+
Citizenship
Indian only
Income Requirements
Salaried Applicants
₹0
Minimum annual income
Self-Employed Applicants
₹0
Minimum annual income
Who Can Apply
Important Conditions
- Co-branded product; standard KYC (PAN, Aadhaar) and eligibility checks apply.
How Approval Is Decided
- Standard eligibility and KYC checks as per SBI Card
- Indian resident
- Credit history and income evaluated by the issuer
Pros of Central Bank of India SBI ELITE Credit Card
- Strong reward structure for lifestyle spends
- Complimentary domestic and international lounge visits
- Generous milestone rewards
Cons of Central Bank of India SBI ELITE Credit Card
- High annual fee (₹4,999)
- Some high-value insurance benefits have been withdrawn/changed recently
Frequently Asked Questions about Central Bank of India SBI ELITE Credit Card
What is the welcome benefit?
A ₹5,000 e-gift voucher redeemable at select partner brands (choose within 21 working days of annual fee payment).
How much is the annual fee?
Annual fee is ₹4,999 (renewal fee ₹4,999). Waiver/ reversal available on specified spend thresholds.
What are the accelerated reward categories?
You get 5X Reward Points on Dining, Grocery and Departmental store spends; 2 points per ₹100 on other spends (except fuel).
How many Priority Pass visits are included?
Complimentary Priority Pass membership with 6 international lounge visits per year (terms apply).
Is there a fuel surcharge waiver?
Yes — 1% fuel surcharge waiver on transactions between ₹500 and ₹4,000 (max ₹250 per statement cycle).
Can reward points be redeemed?
Yes — reward points can be redeemed for vouchers, partner redemptions or to pay outstanding as per SBI Card rewards catalogue.
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