UCO Bank SBI Card ELITE – Benefits, Fees & Eligibility

UCO Bank SBI Card ELITE

Introduction

The UCO Bank SBI Card ELITE is a premium credit card offering a host of exclusive benefits designed for lifestyle, travel, and everyday spending. Cardholders can enjoy a valuable welcome gift, complimentary movie tickets, accelerated reward points on key spending categories, and extensive lounge access both domestically and internationally. Coupled with a low foreign currency markup and various security features, this card aims to provide a rewarding and convenient experience for its users.

Welcome Benefits

• Welcome e-Gift Voucher worth Rs. 5,000 from a choice of brands: Bata/Hush Puppies, Aditya Birla Fashion, Pantaloons, Shoppers Stop, and Yatra.com.
• An SMS will be sent within 21 working days of annual fees payment to choose from e-Gift Voucher options.
• The e-Voucher will be sent to your registered mobile number/e-mail ID within 5 days of the request.
• Redeem e-Gift Vouchers by showing the code at Bata/Hush Puppies, Pantaloons, and Shoppers Stop brand stores.
• Redeem the code online for purchases at Yatra and Shoppers Stop.
• Aditya Birla Fashion e-Gift Vouchers are accepted at Louis Philippe, Van Heusen, Allen Solly, Peter England, Planet Fashion, and Simon Carter brand stores.

Fees

• Annual Fee (one-time): Rs. 4,999 + taxes.
• Renewal Fee (per annum): Rs. 4,999 + taxes from the second year onwards.
• Spend-Based Waiver: Annual Fee is reversed on achieving annual spends of Rs. 10 Lakhs.
• Add-on Fee: Nil.
• Foreign Currency Mark-up Charge: 1.99% on International usage.
• Fuel Surcharge: 1% surcharge waiver on transactions between Rs. 500 and Rs. 4,000 at any petrol pump across the country (maximum waiver of Rs. 250 per statement cycle, per credit card account).

Rewards

• Reward Points Earning:
  • Get 5X Reward Points on Dining, Departmental stores, and Grocery Spends.
  • Earn 2 Reward Points per Rs. 100 on all other spends, except fuel.
  • Earn 2 Reward Points per Rs. 100 spent on International transactions.
• Reward Points Value: 4 Reward Points = Rs. 1 (can be used to pay card outstanding).
• Movies:
  • Free Movie Tickets worth Rs. 6,000 every year.
  • Valid for at least 2 tickets per booking per month.
  • Maximum discount is Rs. 250 per ticket for 2 tickets only.
  • A convenience fee would be chargeable.
  • This offer is valid on Primary Cards only.
• Milestone Privileges:
  • Earn up to 50,000 Bonus Reward Points worth Rs. 12,500 per year.
  • Earn 10,000 bonus Reward Points on achieving annual spends of Rs. 3 lakhs and Rs. 4 lakhs.
  • Earn 15,000 bonus Reward Points on achieving annual spends of Rs. 5 lakhs and Rs. 8 lakhs.
• Lounge Access:
  • International Lounge Program:
    • Complimentary membership to the Priority Pass Program (worth $99).
    • 6 complimentary Airport Lounge visits per year, outside India (maximum 2 visits per quarter), effective 1st July 2017.
    • Access over 1000 Airport Lounges worldwide.
    • Only Primary Cardholders are eligible for Priority Pass, and complimentary membership is valid for 2 years only.
  • Domestic Lounge Program:
    • Enjoy 2 complimentary Domestic Airport Lounge visits every quarter in India.
    • To avail the offer, use your UCO Bank SBI Card ELITE at the respective lounges.
• Fuel:
  • Get a 1% fuel surcharge waiver on every transaction between Rs. 500 to Rs. 4,000 at any petrol pump across the country.
  • Get a maximum surcharge waiver of Rs. 250 per statement cycle, per credit card account.
• Travel Benefits (VISA Offers):
  • Exclusive benefits across 900 luxury hotels worldwide.
  • Enjoy savings of up to 10% on Hertz Car Rental.
  • Enjoy up to 35% on Avis Car Rental.
  • Enjoy up to 15% off on stays at IHG Hotels and Resorts.
• Travel Benefits (RuPay Offers):
  • Up to 15% Cashback on Hotels and Flight bookings at MakeMyTrip.
  • Up to 20% off on ZoomCar.
• Shopping Benefits (RuPay Offers):
  • Up to 15% off on shopping at Lifestyle Stores.
• Lifestyle:
  • Exclusive Concierge Service: Dedicated assistance for Flower Delivery, Gift Delivery, and Online Doctor Consultation.

Rewards Redemption Guide

• Welcome e-Gift Voucher: Receive an SMS to choose from options within 21 days of annual fee payment. The voucher is then sent via mobile/email within 5 days of request. Redeem by showing the code at physical stores or online for selected brands.
• ELITE Rewards: Reward Points can be used to pay your card outstanding balance; 4 Reward Points equal Rs. 1.
• Complimentary Movie Tickets: For the redemption process, refer to the details on BookMyShow offers for SBI Signature credit cards.
• Concierge Services: To avail, call 1800-2121-68168 or email support@premiumconcierge.in.

Important Product Details

• Air Accident & Fraud Liability Cover:
  • Complimentary Air Accident Liability Cover of Rs. 1 Crore (T&C Apply). Note: This coverage will be discontinued W.e.f 11 Aug’25.
  • Complimentary Credit Card Fraud Liability Cover of Rs. 1 lakh. This cover is valid for a period of 48 hours prior to reporting of loss, to 7 days post reporting of loss. To report card loss, call SBI Card helpline.
• Lowest Forex Markup: Enjoy a Foreign Currency Mark-up Charge of 1.99% on International usage, which is considered low.
• Global Acceptance: The card is accepted at over 24 million outlets across the globe, including 3,25,000 outlets in India. It can be used at any outlet that accepts VISA/RuPay cards.
• Contactless Advantage: Facilitates daily purchases by simply waving the card at a secure reader, offering fast, convenient, and secure transactions by reducing the risk of card loss and skimming. The unique security key feature ensures only one transaction goes through even if the card is waved multiple times.
• Emergency Card Replacement: Worldwide emergency card replacement facility available (for VISA cardholders only), with a 24x7 helpline for travel abroad. For loss in India, call the SBI Card helpline.
• Add-on Cards: Primary cardholders can empower up to 3 family members (parents, spouse, children, or siblings - above 18 years of age) with an add-on card at no additional fee.
• Cash on the GO: Withdraw cash from over 1 million VISA/RuPay ATMs worldwide.
• Safe and Secure: The card is chip and PIN enabled, offering enhanced security against counterfeiting and skimming.
• Easy Bill Pay Facility: Pay electricity, telephone, mobile, and other utility bills using this facility.
• Flexipay: Convert transactions of Rs. 2,500 or more into easy monthly installments. This can be done by logging into sbicard.com within 30 days of purchase.
• Balance Transfer on EMI: Transfer outstanding balances from other banks’ credit cards to your UCO Bank SBI Card ELITE to avail a lower rate of interest and pay back in EMIs. This service can be availed via sbicard.com.

Other Details

• Customer Helpline: For assistance, call 1860 180 1290 or 39020202 (prefix Local STD code).
• Payment Settlement Order: All payments for a cardholder account are settled in a specific order, details of which can be found on the SBI Card website.
• Cheque Payments: Account payee cheques submitted for payment must follow CTS 2010 standards for timely processing.
• Taxes: All applicable taxes would be charged on fees, interest, and charges.
• 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.
• Terms and Conditions: Continued use of the card will be deemed as acceptance of any amendments in the Terms and Conditions. Detailed Terms and Conditions and Usage Directions are available via a provided link.
• Information Accuracy: All information is stated as correct on the date of communication and is subject to change at the discretion of SBICPSL.
• Most Important Terms & Conditions (MITC): For comprehensive information regarding fees and other applicable charges, refer to the Most Important Terms & Conditions available on www.sbicard.com.