SBI Card MILES
SBI
₹1,499
Joining fee
₹1,499, waived at ₹6L spend
Annual fee
3%
Forex markup
4.5 / 5
Rating
Eligibility
Estimated minimum income: ₹35,000+/month
Estimated — not officially confirmed by the bank.
Estimated minimum CIBIL score: 700+
Estimated — not officially confirmed by the bank.
Reward details
1 Travel Credit per Rs 200 (0.5%) on other spends
- 2 Travel Credits per Rs 200 (1%) on Travel spends
Redemption
Minimum 2,000 Travel Credits required per redemption; rewards valid 24 months
Ratio: 1:1 conversion for 20+ airline/hotel partners (Air India, British Airways, IHG Hotels); 2:1 for Emirates, Qatar Airways, Accor; 6:1 for Shangri-La Group; Rs 1/credit for travel bookings; Rs 0.25/credit for Shop & Smile catalog
Excluded from rewards: fuel, utilities, insurance, e-wallet loading, rent, education, cash advances, balance transfers, card fees, disputed transactions, merchant EMIs
- Domestic lounge visits expandable up to 12 total/year via milestone benefit of an additional visit per Rs 1 lakh spent (up to 8 extra visits)
Real-world feedback
Sourced from user reviews and comparison sites (aggregator/user-sourced), not confirmed by the bank.
Praise
- Accelerated rewards on travel spends — Paisabazaar
- Extensive airline/hotel partner network — Paisabazaar
- Substantial complimentary domestic lounge access — Paisabazaar
Complaints
- Low base reward rate (1%) — Paisabazaar
- Limited Priority Pass duration (2 years) — Paisabazaar
- No free international lounge access — Paisabazaar
- Rewards restricted mainly to travel-focused redemptions — Paisabazaar
Sources
- Official (not independently verified) — not separately fetched/verified in this pass — figures drawn entirely from aggregator
- Aggregator — fees, forex, lounge, rewards, sentiment