Bank of Maharashtra SBI Card Elite – Benefits, Fees & Eligibility

Introduction

The Bank of Maharashtra SBI Card ELITE is a premium co-branded credit card offered by SBI Card in partnership with Bank of Maharashtra, available on both Visa and RuPay networks. It is designed for individuals seeking an elevated lifestyle, offering a suite of exclusive benefits including a substantial welcome e-Gift Voucher, complimentary movie tickets, and a generous rewards program with accelerated earnings on specific categories, alongside extensive domestic and international lounge access.

Welcome Benefits

• Welcome e-Gift Voucher worth Rs. 5,000.
• Choose from an array of travel and lifestyle brands for the welcome voucher: Yatra, Hush Puppies / Bata, Pantaloons, Aditya Birla Fashion, and Shoppers Stop.
• Free movie tickets worth Rs. 6,000 every year, valid on primary cards only.
• Complimentary 1-year Club ITC Silver Tier Membership. Cardholders become eligible after their first transaction within 60 days of card issuance.

Fees & Charges Breakdown

• Annual Fee: Rs. 4,999 + applicable taxes.
• Renewal Fee (per annum): Rs. 4,999 + applicable taxes, from the second year onwards.
• Spend-Based Waiver: Annual fee reversal on annual spends of Rs. 10 lakhs.
• Add-on Card Fee (per annum): Nil.
• Foreign Currency Markup: 1.99% on international usage.
• Fuel Surcharge Waiver: 1% fuel surcharge waiver across all petrol pumps in India on every transaction between Rs. 500 to Rs. 4,000.
• Maximum Fuel Surcharge Waiver: Rs. 250 per month, per statement cycle.

Rewards & Cashback Structure

• Earning Rate:
  • 5X Reward Points on dining, departmental stores, and grocery spends.
  • 2 Reward Points per Rs. 100 on all other spends, except fuel.
  • Earn 2 Reward Points on every Rs. 100 spent on international transactions.
• Milestone Bonus Reward Points:
  • Earn up to 50,000 Bonus Reward Points worth Rs. 12,500 per year.
  • Get 10,000 Bonus Reward Points on reaching Rs. 3 lakhs annual spends.
  • Get 10,000 Bonus Reward Points on reaching Rs. 4 lakhs annual spends.
  • Get 15,000 Bonus Reward Points on reaching Rs. 5 lakhs annual spends.
  • Get 15,000 Bonus Reward Points on reaching Rs. 8 lakhs annual spends.
• Reward Redemption: Pay your outstanding card bill using Reward Points, where 4 Reward Points = Re. 1.

Travel, Lounge & Lifestyle Perks

• International Lounge Program:
  • Complimentary membership to the Priority Pass Program worth $99.
  • 6 complimentary airport lounge visits per calendar year, outside India (maximum 2 visits per quarter).
  • Access to over 1,000 Airport Lounges worldwide.
  • Post complimentary visits, a usage fee of $27 + applicable taxes will be charged per Priority Pass lounge visit.
  • Priority Pass and complimentary membership are valid for 2 years only.
  • Only Primary Cardholders are eligible for Priority Pass.
• Domestic Lounge Program:
  • 2 complimentary domestic airport lounge visits every quarter.
• Complimentary Movie Tickets: Free movie tickets worth Rs. 6,000 every year, valid on primary cards only.
• ITC Silver Tier Membership: Complimentary 1-year Club ITC Silver Tier Membership, eligible after the first transaction within 60 days of card issuance.
• Exclusive Concierge Service: Dedicated assistance on flower delivery, gift delivery, and online doctor consultation.
• Fraud Liability Cover: Complimentary credit card fraud liability cover of Rs. 1 lakh, applicable from 48 hours before reporting the loss up to 7 days after reporting.
• Network Privileges (Visa/RuPay):
  • Up to 15% Cashback on Hotels and Flight bookings via MakeMyTrip.
  • Up to 20% off on ZoomCar.
  • Up to 15% off on Shopping at Lifestyle Stores.

Important Product Details

• Contactless Advantage: Tap & Pay with ease for fast, convenient, and secure transactions using Visa PayWave technology.
• Global Acceptance: Accepted in over 24 million outlets globally, including 3,25,000 outlets in India.
• Add-on Cards: Available for parents, spouse, children, or siblings above the age of 18, with no annual fee.
• Security: Chip and PIN enabled for enhanced security against counterfeiting and skimming.
• Easy Bill Pay Facility: Pay electricity, telephone, mobile, and other utility bills.
• Balance Transfer on EMI: Transfer outstanding balances from other banks’ credit cards to your Bank of Maharashtra SBI Card ELITE at a lower interest rate and repay in easy EMIs.
• Cash Access: Withdraw cash from over 1 million Visa or Mastercard ATMs across the globe.
• Flexipay: Convert eligible purchases of Rs. 2,500 or more into easy monthly EMIs.
• Co-brand Product: This is a co-brand product, and there may be fee and revenue sharing between SBI Card and the co-brand partner.

Other Details

• To avail concierge services, call 1800-2121-68168 or E-mail support@premiumconcierge.in.
• To receive your Priority Pass, call customer helpline numbers: 1860 180 1290 or 39020202 (prefix Local STD code).
• For general assistance, call SBI Card helpline at: 1860 180 1290 or 39 02 02 02 (prefix local STD code).
• All taxes would be charged as applicable on all fees, interest, and charges.
• Information is subject to change at the discretion of SBICPSL.
• Continued use of the card will be deemed acceptance of any amendments in the Terms and Conditions.
• Detailed Terms & Conditions and Most Important Terms & Conditions are available on the SBI Card website.