Highlights
- 2 credits/Rs 200 on travel spends
- 1 credit/Rs 200 on other spends
- 4 free domestic lounge visits every year
About SBI Miles Credit Card
- 2 Travel Credits per Rs 200 on travel spends (=1% value when converted to airline/hotel miles) – saves ~ Rs 6,000/yr on Rs 6L travel spend
- 1 Travel Credit per Rs 200 on other spends (=0.5% value) – saves ~ Rs 3,000/yr on Rs 6L non-travel spend
- Best Use Case: Convert credits to airline/hotel points at Rs 1 per credit to unlock full value
- Welcome Gift: 1,500 Travel Credits on Rs 30,000 spend in 60 days (~ Rs 1,500 upfront value)
- Milestone Reward: 5,000 bonus Travel Credits on Rs 5 lakh annual spend (~ Rs 5,000 extra value)
- Domestic Lounge Access: 4 complimentary visits every year (max 2 per quarter) + 1 extra visit per Rs 1 lakh annual spend
- Priority Pass: Free membership for first 2 years – access 1,000+ global lounges, but each visit is chargeable
Fees & List of Charges
- Annual Fee: Rs 1499 + GST, the Welcome Benefit covers this cost
- Renewal Fee: Rs 1499 + GST, from second year onwards
- The Renewal fee is waived if your annual spends is Rs 6,00,000 or more in the previous year
Eligibility Criteria
- Age: 21 to 65 years
- Employment: Both salaried and self-employed individuals
- Minimum Income: Rs 60,000/monthly (Salaried) & Rs 7,20,000 lakhs/annually (Self-Employed)
- Credit Score: 750+ with no delayed payments in the past 12 months
- New-to-Credit: Not Allowed
Documents Needed
- ID Proof: PAN Card/Form 60
- Address Proof: Aadhaar, Passport, or utility bills
- Income Proof: Bank statements or salary slips
- Photograph: Recent passport-sized photo
