SBI MILES Credit Card - Your Perfect Travel Companion
About SBI MILES Credit Card
The SBI MILES Credit Card is designed for frequent travelers who want to earn reward points that can be converted to airline miles. This premium travel credit card from SBI Card offers exclusive benefits like airport lounge access, accelerated reward points on travel spends, and various travel-related privileges. Whether you're a business traveler or a leisure traveler, this card helps you earn miles faster and enjoy premium travel experiences.
Key Details
| Card Issuer | SBI Card |
|---|---|
| Joining Fee | ₹3,000 + GST |
| Renewal Fee | ₹3,000 + GST (waived on spending ₹3 Lakhs in previous year) |
| Card Category | Travel Credit Card |
| Rewards | 6 Reward Points per ₹100 on international spends 4 Reward Points per ₹100 on online flight and hotel bookings 2 Reward Points per ₹100 on other spends |
| Airport Lounge | 8 complimentary domestic lounge accesses per year |
| Railway Lounge | Not available |
Additional Card Details
- Fuel Surcharge Waiver: 1% fuel surcharge waiver at all fuel stations across India (max ₹250 per statement cycle)
- Welcome Benefit: 5,000 Reward Points on payment of joining fee
- Miles Conversion: 2 Reward Points = 1 Air Mile with 25+ airline partners
- Foreign Currency Markup: 2% (3.5% for cash transactions)
- Interest Rate: 3.35% per month (40.2% annually)
- Cash Withdrawal Limit: 20% of credit limit (max ₹50,000 per day)
- Add-on Cards: Available (free for first year, ₹500 + GST annually thereafter)
- Contactless Payments: Yes (NFC enabled)
Features & Benefits
- Accelerated Reward Points: Earn up to 6X reward points on international spends
- Airline Mile Conversion: Convert reward points to miles with 25+ airline partners
- Complimentary Lounge Access: 8 domestic airport lounge visits per year
- Travel Insurance: Air accident cover of ₹1 crore and lost luggage insurance of ₹50,000
- Zero Liability Protection: Protection against fraudulent transactions
- EMI Facility: Convert large purchases into easy EMIs
- Contactless Payments: Secure tap-and-pay feature for transactions up to ₹5,000
- Global Acceptance: Accepted at over 35 million merchant establishments worldwide
Rewards & Cashback
- International Spends: 6 Reward Points per ₹100 (3 miles per ₹100)
- Online Flight & Hotel Bookings: 4 Reward Points per ₹100 (2 miles per ₹100)
- All Other Spends: 2 Reward Points per ₹100 (1 mile per ₹100)
- Welcome Benefit: 5,000 Reward Points (2,500 miles) on payment of joining fee
- Milestone Benefit: 5,000 bonus Reward Points on spending ₹5 lakhs in a year
- Reward Points Validity: 3 years from date of earning
- Redemption Options: Convert to airline miles, redeem for hotel stays, merchandise, or cashback
Fees & Charges
| Fee Type | Amount |
|---|---|
| Joining Fee | ₹3,000 + GST |
| Annual Fee | ₹3,000 + GST (waived on spending ₹3 Lakhs in previous year) |
| Add-on Card Fee | Free for first year, ₹500 + GST annually thereafter |
| Cash Advance Fee | 2.5% of transaction amount (min ₹300) |
| Late Payment Fee | ₹500 + GST (for dues between ₹100-₹1,000) ₹750 + GST (for dues between ₹1,001-₹10,000) ₹1,000 + GST (for dues above ₹10,000) |
| Overlimit Fee | 2.5% of overlimit amount (max ₹500 + GST) |
Eligibility Criteria
- Age: 21-70 years
- Income Requirement:
- Salaried: Minimum annual income of ₹6 lakhs
- Self-employed: Minimum annual income of ₹10 lakhs
- Credit Score: 750 or above preferred
- Employment: Minimum 2 years of employment/business continuity
- Residence: Indian resident
Documents Required
- Identity Proof: PAN card (mandatory), Aadhaar card, Passport, or Driving License
- Address Proof: Aadhaar card, Passport, Utility bill (not older than 3 months), or Rental agreement
- Income Proof (Salaried):
- Latest 3 months salary slips
- Form 16 or last 6 months bank statements showing salary credits
- Income Proof (Self-employed):
- Last 2 years ITR with computation of income
- Last 6 months bank statements
- Business proof (GST registration, Shop Act license, etc.)
Application Process
- Online Application:
- Visit the official SBI Card website
- Navigate to the SBI MILES Credit Card page
- Click on 'Apply Now' button
- Fill in your personal, employment and income details
- Upload required documents
- Submit the application
- Offline Application:
- Visit nearest SBI Card office or SBI branch
- Collect the application form
- Fill the form and attach required documents
- Submit to the representative
- Verification: SBI Card representative will verify your details
- Approval: If approved, card will be dispatched within 7-10 working days
- Activation: Activate the card via SMS or online banking upon receipt
How to Maximize Benefits
- Book Travel Online: Use the card for all flight and hotel bookings to earn 4X reward points
- International Travel: Use this card for all overseas transactions to earn 6X reward points
- Lounge Access: Utilize all 8 complimentary domestic lounge accesses annually
- Milestone Benefits: Plan spends to reach ₹5 lakhs annually to earn bonus 5,000 reward points
- Mile Conversion: Convert reward points to airline miles before they expire (3 year validity)
- Fuel Purchases: Use for fuel to get 1% surcharge waiver (up to ₹250 per month)
- Large Purchases: Use EMI option for big purchases to manage cash flow
- Contactless Payments: Use tap-and-pay for faster and secure transactions
Similar Travel Credit Cards
| Card Name | Bank | Annual Fee | Key Feature |
|---|---|---|---|
| Axis Atlas | Axis Bank | ₹5,000 + GST | 5 Edge Miles per ₹200 on travel spends |
| HDFC Diners Club Miles | HDFC Bank | ₹2,500 + GST | 4 Miles per ₹150 on international spends |
| IndusInd Explorer | IndusInd Bank | ₹3,000 + GST | 6 Reward Points per ₹100 on travel spends |
| American Express Platinum Travel | American Express | ₹5,000 + GST | 10,000 Membership Rewards points on ₹1.9L spends |
| ICICI Coral Visa | ICICI Bank | ₹500 + GST | 2 Payback points per ₹100 on all spends |
Official Links
Card Review
The SBI MILES Credit Card is an excellent choice for frequent travelers, especially those who make international trips or book flights/hotels online frequently. The accelerated reward points system (6X on international spends and 4X on travel bookings) makes it one of the most rewarding travel cards in the mid-premium segment.
Pros:
- High reward rate on travel-related spends
- Good network of airline partners for mile conversion
- Reasonable annual fee with waiver possibility
- 8 complimentary lounge accesses provide good value
- Comprehensive travel insurance coverage
Cons:
- Joining fee is on the higher side compared to some competitors
- No railway lounge access
- Reward points have 3 year validity (some cards offer lifetime validity)
- International lounge access not included
Verdict: 4.2/5 - This card is highly recommended for frequent travelers who can maximize the accelerated reward points on travel spends. The ability to convert points to miles with 25+ airlines adds tremendous value. However, casual travelers might find better value with no-fee or low-fee travel cards.
Frequently Asked Questions
How do I convert SBI MILES reward points to airline miles?
You can convert your reward points to airline miles by logging into your SBI Card online account, navigating to the rewards section, selecting 'Convert to Miles', choosing your preferred airline loyalty program, and confirming the conversion. The conversion rate is 2 Reward Points = 1 Air Mile.
Which airline partners are available for mile conversion?
SBI MILES Credit Card has partnerships with over 25 airlines including Air India, Vistara, Singapore Airlines, Emirates, Etihad, British Airways, Lufthansa, Qatar Airways, and many more. The complete list is available on the SBI Card website.
Is there any cap on reward points earning?
There is no upper limit on the number of reward points you can earn. However, reward points expire after 3 years from the date of earning if not redeemed.
How can I get the annual fee waived?
The annual fee of ₹3,000 + GST is waived if you spend ₹3 lakhs or more in the previous card anniversary year.
Does this card provide international lounge access?
No, the SBI MILES Credit Card currently provides only domestic airport lounge access (8 per year). For international lounges, you would need to consider premium cards like SBI Elite or other bank's premium offerings.
What is the fuel surcharge waiver benefit?
You get 1% fuel surcharge waiver at all fuel stations across India with a maximum waiver of ₹250 per statement cycle. This is applicable on transactions between ₹500-₹3,000 at fuel stations.
Can I get add-on cards for family members?
Yes, you can get add-on cards for your family members. The first add-on card is free for the first year, and ₹500 + GST annually thereafter.
What is the foreign currency markup fee?
The foreign currency markup fee is 2% of the transaction amount for regular transactions and 3.5% for cash transactions abroad.
Disclaimer
The information provided here about the SBI MILES Credit Card is for informational purposes only. Please verify all details, terms and conditions, fees, and features with the official SBI Card website or customer care before applying. CreditCardPath.in is not affiliated with SBI Card or any other bank, and the information may change without notice. Credit card approvals are subject to the bank's terms and conditions and individual eligibility criteria.
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