SBI Card launches new Credit Card - MILES

[Pradumya]

SBI Card introduced its inaugural travel-centric core credit card, 'SBI Card MILES'.



The card promises comprehensive travel benefits, including the conversion of Travel Credits to Air Miles and Hotel Points, enhanced rewards on all travel bookings, and access to airport lounges.

The bank has partnered with more than 20 leading airline and hotel brands such as Air Vistara, Air India, SpiceJet, and IHG Hotels & Resorts.

There are three variants, SBI Card MILES ELITE, SBI Card MILES PRIME, and SBI Card MILES, which have been designed to elevate these experiences through curated travel benefits

Cardholders can earn up to 6 Travel Credits on every Rs 200 travel spend and up to 2 Travel Credits on spending Rs 200 on other categories (Depending on Card variant).
Travel Credits can be converted as per below rates into Air Miles, Hotel Points and Product Catalogue:
1 Travel Credit = ₹1 for Air Mile / Hotel Point
1 Travel Credit = ₹0.50 for Travel Bookings
1 Travel Credit = ₹0.25 for Shop & Smile Product Catalogue
Travel Credits Accrual exclusion on Fuel, EMI, Wallet Upload, Property Rental, Utilities and Insurance categories

The joining and annual fees of SBI Card MILES ELITE are Rs 4,999, while SBI Card MILES PRIME and SBI Card MILES have a fee of Rs 2,999 and Rs 1,499, respectively.

SBI Card MILES Prime - https://www.sbicard.com/en/personal/credit-cards/travel/sbi-card-miles-prime.page


SBI Card MILES ELITE - https://www.sbicard.com/en/personal/credit-cards/travel/sbi-card-miles-elite.page


SBI Card MILES - https://www.sbicard.com/en/personal/credit-cards/travel/sbi-card-miles.page


Source - Business Standard.
Images Source - Screenshots from SBI Card website.




What do you think about these new offerings? Express your opinions below 👇

 

[Transpointer]

Axis Atlas is better in every way.

 

[diptarkaroy]

I feel ELITE and PRIME don’t justify their annual fees respectively.
Normal MILES card may be considered. Better travel oriented cards are available in the market.

 

[diptarkaroy]

I believe, even YES Marquee is better in every way compared to the topmost variant MILES ELITE.
I don’t have much faith in Axis bank cards 😅

 

[Harry1]

I believe, even YES Marquee is better in every way compared to the topmost variant MILES ELITE.
I don’t have much faith in Axis bank cards 😅

Why go to yes and axis. Sbi cashback itself beats it😉.

 

[diptarkaroy]

Why go to yes and axis. Sbi cashback itself beats it😉.

Hahaha… that’s (SBI CB) my most favourite card among all the 20 different cards I have from different banks.

But I did the comparison keeping in mind the lounge access and other benefits as well. Also the reward from normal offline spends.

 

[Walter White]

SBI sirf SKU badane me interested rehta hai....72 cards usme se sirf 3-4 dhanke cards. 😂

 

[Pradumya]

SBI sirf SKU badane me interested rehta hai....72 cards usme se sirf 3-4 dhanke cards. 😂

Yes agreed. I will name those three cards for anyone wondering - CASHBACK SBI, BPCL Octane and IRCTC RUPAY.

 

[the_dark_knight]

Yes agreed. I will name those three cards for anyone wondering - CASHBACK SBI, BPCL Octane and IRCTC RUPAY.

why not sbi vistara?

 

[Pradumya]

why not sbi vistara?

Similar features available in Axis Vistara

PS. No experience with either cards.

 

[Walter White]

Similar features available in Axis Vistara at lower fees.

PS. No experience with either cards.

SBI Vistara and Axis Vistara have same fees. SBI doesn't have any exclusions for milestones. Only rent and wallet is excluded from regular points on SBI.

 

[rogerthat]

Travel Credits Accrual exclusion on Fuel, EMI, Wallet Upload, Property Rental, Utilities and Insurance categories

Education too.

Max 1% returns on regular spends and 3% on travel spends with very limited domestic and international lounge access (PP only for two years) and high annual fees and higher waiver conditions with a long list of exclusions. Forget Cashback, even SimplyClick is more rewarding than these nonsense cards. Looks like SBI designed these cards while napping after their lunch break.

Oh and welcome benefit is also subject to high spends on the cards within two months post card activation.

 

[the_dark_knight]

SBI Vistara and Axis Vistara have same fees. SBI doesn't have any exclusions for milestones. Only rent and wallet is excluded from regular points on SBI.

Yes sbi vistara is quite popular and also better than the axis/idfc variants.

 

[scn]

sbi cashback laughing at corner 🤣

 

[the_dark_knight]

sbi cashback laughing at corner 🤣

Let him laugh while others steal the limelight

 

[Abhishek012]

All 3 cards available on RuPay and @ashwink's Anti-India Mastercard.

Gazab ka competition hoga, @ashwink's Anti-India Mastercard promote karega aur mai RuPay Card.

Gloves kharid k laya aaj, aaja @ashwink ache se dhulayi karta hu, agar Anti-India mastercard promote kiye toh

 

[cardy]

I feel ELITE and PRIME don’t justify their annual fees respectively.
Normal MILES card may be considered. Better travel oriented cards are available in the market.

Truly said bro

 

[Harry1]

Anyone checked the transfer partners?

The list is huge, but most of the good ones like Accor, JAL, Turkish is 2:1 category. So, effective reward rate on travel spends is also 1.5% only. Only good 1:1 options are Air India, Vistara, Flying Blue.

Btw, fastag mcc is included in travel here. So potential exploits are coming 🤣.

 

[sxchzy]

65k aeroplan miles on spending 15Lakhs in a year not bad

 

[ashwink]

All 3 cards available on RuPay and @ashwink's Anti-India Mastercard.

Gazab ka competition hoga, @ashwink's Anti-India Mastercard promote karega aur mai RuPay Card.

Gloves kharid k laya aaj, aaja @ashwink ache se dhulayi karta hu, agar Anti-India mastercard promote kiye toh

Sasta network par kyu launch kar di lunch bank ne 🤣🥸