State Bank of India (SBI Card)Mastercard · RuPayLast checked 12 Oct 2026
The SBI Card MILES costs Rs 1,499 a year, waived if you spend Rs 6,00,000 in a year. Its base return is 0.5% (1 Travel Credit per Rs 200 on other spends). Accelerated earn: 2 Travel Credits per Rs 200 on travel. The forex markup is 3%. Read from the issuer's documents and an aggregator on 12 Oct 2026.
Renewal fee reversed on Rs 6 lakh spend in a membership year (only where the fee was levied in that renewal cycle).
Rewards
Welcome benefit
1,500 Travel Credits on spends of Rs 30,000 within 60 days of card issuance
Reward currency
Travel Credits
Base earn
1 Travel Credit per Rs 200 on other spends
Base return
0.5%
Point value
1 Travel Credit = Re 1 for air miles / hotel points; Rs 0.50 for travel bookings; Rs 0.25 on Shop & Smile catalogue
Accelerated earn
2 Travel Credits per Rs 200 on travel
Caps
None stated
Spends that earn nothing
Fuel, EMI, wallet upload, property rental, utilities and insurance
Points expiry
24 months
Milestone benefits
5,000 bonus Travel Credits on Rs 5 lakh annual spend; annual fee reversed at Rs 6 lakh in a membership year
Reward notes
base_return_pct = 1 Travel Credit per Rs 200 x Re 1; the page-stated value of Re 1 per Travel Credit for air miles / hotel points; halve it for travel bookings, quarter it for catalogue. Transfers take up to 21 days and are final; minimum 2,000 credits. Redemption fee Rs 99. Etihad Guest SBI cardholders were migrated to this range by 31 Mar 2026 (issuer notice).
Transfers
Partnersunverified
Air India Maharaja Club, Etihad Guest, Air France-KLM Flying Blue, Air Canada Aeroplan, Qantas Frequent Flyer, Thai Royal Orchid Plus, SpiceJet SpiceClub, AirAsia, Qatar Airways Privilege Club, Turkish Miles&Smiles, United MileagePlus, Japan Airlines Mileage Bank, Ethiopian ShebaMiles, Saudia Alfursan, Air Arabia Air Rewards, IHG One Rewards, Wyndham Rewards, Orchid Hotels, Accor ALL, Club ITC, Shangri-La Circle
Ratiounverified
Travel Credits : partner. 1:1 Air India, Etihad, Air France-KLM, Air Canada, Qantas, Thai, SpiceJet, AirAsia, IHG, Wyndham, Orchid Hotels; 2:1 Qatar, Turkish, United, JAL, Ethiopian, Saudia, Air Arabia, Accor, ITC Hotels; 6:1 Shangri-La (aggregator list; programme names inferred from airline/hotel names)
Travel and perks
Domestic lounge
4 per year, max 2 per quarter; 1 additional visit per Rs 1 lakh spent, additional visits capped at 8 per membership year
International lounge
No complimentary visits stated; Priority Pass membership worth USD 99 complimentary for first 2 years
Lounge conditions
Extra domestic visits are spend-linked. Priority Pass visits USD 27 + taxes each.
Forex markup
3%
Fuel surcharge waiver
1% on fuel txns Rs 500-4,000, cap Rs 250 per statement cycle
Other freebies
Priority Pass membership (first 2 years)
Charges and eligibility
Interest per month
3.75%
Late payment fee
On outstanding amount due: Nil up to Rs 100; Rs 100 (>100-500); Rs 500 (>500-1,000); Rs 750 (>1,000-10,000); Rs 950 (>10,000-25,000); Rs 1,100 (>25,000-50,000); Rs 1,300 (>50,000); plus Rs 100 if minimum due missed two cycles running (slabs as revised 1 May 2026)
Cash advance fee
2.5% of amount, min Rs 500; ATM limit Rs 15,000/day; interest from day one
Fine-print notes
Issuer product page (rendered text) read 2026-10-12; fees, forex, interest and penalty fields are from the issuer MITC/KFS; fields not listed in unverified_fields are from the product page or other issuer documents. Page vs earlier value: lounge_domestic was unclear on the aggregator ('4 per year' and '2 per quarter'), page says 4 a year with max 2 per quarter; other_freebies listed travel insurance cover (cardinsider.com, shared text for the range), this card's page lists no insurance cover; reward_exclusions included quasi-cash (cardinsider.com), page list does not. Transfer partner list and ratios are still from the aggregator; the page only links to a partner list. Network taken from the page lines naming Mastercard and RuPay for acceptance and lounge lists. The page's FAQ answer quotes Rs 4,999 as the annual and renewal fee while its fee table says Rs 1,499; Rs 1,499 (fee table, MITC) is kept. Issuer-wide (MITC): rent payments carry Rs 199 fee; utility bills totalling over Rs 50,000 in a cycle carry 1% fee; wallet loads over Rs 1,000 carry 1% fee; education payments via third-party apps carry 1% fee; forex markup is not reversed on refunds; fees shown exclude 18% GST.
Questions
What is the annual fee of the SBI Card MILES?
Rs 1,499 a year, before GST. It is waived if you spend Rs 6,00,000 in a year.
Does the SBI Card MILES give airport lounge access?
Yes. In India: 4 per year, max 2 per quarter; 1 additional visit per Rs 1 lakh spent, additional visits capped at 8 per membership year. Outside India: none listed. Conditions: Extra domestic visits are spend-linked. Priority Pass visits USD 27 + taxes each.
What is the forex markup on the SBI Card MILES?
3% of each foreign-currency transaction, before GST.
Which spends earn no rewards on the SBI Card MILES?
Fuel, EMI, wallet upload, property rental, utilities and insurance