Nature’s Basket SBI Card Elite – Benefits, Fees & Eligibility

Introduction

The Nature’s Basket SBI Card Elite is a premium co-branded credit card issued by SBI Card in partnership with Nature’s Basket. Positioned as a premium offering, it is best suited for shopping-focused customers and delivers top-tier benefits such as a Nature’s Basket Gift Voucher worth Rs. 5,000, complementary access to the Connoisseur Nature’s Basket loyalty program, and strong reward earnings on Nature’s Basket and international spends. It also includes domestic and international airport lounge access, dining and movie discounts, and 24×7 concierge services.

Welcome Benefits

• Nature’s Basket Gift Voucher worth Rs. 5,000 upon card activation.
• Complimentary access to the Nature’s Basket loyalty program - Connoisseur.
• Rs. 100 cash back on the first ATM withdrawal within 30 days of receiving the card.

Fees

• Joining Fee: Rs. 4,999 + GST.
• Annual Fee: Rs. 4,999 + GST.
• Spend-Based Waiver: Annual fee is waived on spending Rs. 10 lakhs or more in the previous year.
• Rewards Redemption Fee: Rs. 99 per redemption request.
• Foreign Currency Markup: 3.5% of the transaction amount (plus applicable taxes).
• Interest Rates: 3.5% per month (42% per annum) on due amounts if not cleared by the payment due date.
• Fuel Surcharge Waiver: 1% fuel surcharge waiver on fuel transactions between Rs. 500 and Rs. 4,000, capped at Rs. 100 per month.
• Cash Advance Charges: 2.50% of the withdrawn amount, subject to a minimum charge of Rs. 500 (or flat Rs. 500, whichever is higher).

Rewards

Rewards Rate

• 20 Reward Points on every Rs. 100 spent at Nature’s Basket.
• 10 Reward Points on every Rs. 100 spent on Dining, Movies, Entertainment, and International spends.
• 2 Reward Points on every Rs. 100 spent on all other retail purchases (except fuel transactions).

Movies & Dining

• Rs. 250 off per movie ticket booked with the card on BookMyShow.
• Maximum discount of Rs. 500 per month (applicable on 2 tickets per month).
• Convenience fee is still chargeable on movie ticket bookings.

Travel

• Complimentary access to domestic and international airport lounges.
• International Lounge Access:
  • 2 complimentary international airport lounge visits every quarter outside India.
  • Complimentary Priority Pass Program membership worth USD 99.
  • Usage fee of USD 27 plus applicable taxes applies after exhausting complimentary visits.
  • Priority Pass membership is valid for 2 years.
• Domestic Lounge Access:
  • 2 complimentary domestic airport lounge visits every quarter within India under the Visa Domestic Lounge Program.

Golf

• Not applicable.

Insurance Benefits

• Not applicable.

Milestone Benefits

• Taj Gift Vouchers worth Rs. 10,000 on spending Rs. 6 lakhs or more in a year.

Lifestyle & Other Benefits

• 24×7 concierge services for assistance with flower delivery, gift delivery, online doctor consultation, and more.
  • Contact: 1800-2121-68168 or email at support@premiumconcierge.in.

Rewards Redemption Guide

• Reward points can be redeemed for the Nature’s Basket loyalty program and at the Shop and Smile Rewards Catalogue.
• 1 Reward Point = Rs. 0.25.
• Points can be converted into Nature’s Basket points by contacting SBI Card helpline, the SBI Card website, or the Mobile App.
• Out of 20 Reward Points, 15 points are credited by SBI Card to the card, and 5 points are credited by Nature’s Basket directly to the Nature’s Basket Loyalty account.

Card Eligibility Criteria

• Applicant’s age should be between 21 years to 70 years.
• Applicant should have a stable income.
• Credit score may play an important role in approval.

Documents Required

• Identity Proof: Aadhar Card, Voter’s ID, PAN Card, Passport, Driving License, etc.
• Address Proof: Aadhar Card, Utility bills, Driving License, Passport, etc.
• Income Proof: Latest salary slips, latest bank statements, or latest ITR.

Card Review

• Who Should Apply: Ideal for frequent Nature’s Basket shoppers, dining and movie enthusiasts, and travelers who value lounge access and reward points on international spends.
• Pros:
  • High reward rate at Nature’s Basket and on dining, movies, and international spends.
  • Strong welcome benefits including Rs. 5,000 voucher and Connoisseur program access.
  • Complimentary domestic and international lounge access with Priority Pass.
  • Milestone Taj vouchers and spend-based annual fee waiver.
  • Concierge service and fuel surcharge waiver.
• Cons:
  • High joining and annual fees.
  • Lounge visit usage fees apply after complimentary quota.
  • Fuel surcharge waiver is capped monthly.
• Value: Offers strong value for premium shoppers and travelers who can utilize the high reward rates, lounge access, and milestone benefits to offset the annual fee.

Important Product Details

• Complementary access to Connoisseur, Nature’s Basket loyalty program.
• Nature’s Basket Gift Voucher worth Rs. 5,000 as a welcome benefit.
• 20 Reward Points on every Rs. 100 spent at Nature’s Basket.
• 10 Reward Points on every Rs. 100 spent on Dining, Movies, Entertainment, and International spends.
• 2 Reward Points on every Rs. 100 spent on all other retail purchases.
• Complimentary access to international airport lounges with Priority Pass membership.
• Complimentary access to domestic airport lounges.
• Rs. 250 off per movie ticket every month (up to Rs. 500 monthly maximum).
• 1% fuel surcharge waiver for transactions between Rs. 500 and Rs. 4,000.
• Spend-based annual fee waiver on spending Rs. 10 lakhs or more.
• Contactless payment technology enabled.
• Add-on card facility available (some features limited to the primary cardholder).

Other Details

• The card is enabled with contactless technology for fast and convenient purchases.
• Add-on cards can be issued to family members against the primary card (some features limited to the primary cardholder).
• The BookMyShow discount is applicable only on movie ticket purchases, not on other categories.
• The maximum fuel surcharge waiver is Rs. 100 per calendar month.
• Application can be made online via SBI Card’s official website or offline at the nearest SBI branch with required documents.
• Terms and conditions apply, including eligibility, documentation, and benefit usage limits as specified by SBI Card.