SBI Card, one of India’s leading credit card issuers, has introduced its first travel-focused core credit card called “SBI Card MILES”. This new offering comes with curated travel benefits and is available in three variants: SBI Card MILES ELITE, SBI Card MILES PRIME, and SBI Card MILES.
Key Features of SBI Card MILES:
1. Travel Credits:
- Cardholders can earn up to 6 Travel Credits for every ₹200 spent on travel.
- Additionally, they can earn 2 Travel Credits for every ₹200 spent on other categories.
- These Travel Credits can be converted into Air Miles or Hotel Points with SBI Card’s partner airlines and hotels. Alternatively, they can be used directly to book air tickets and hotel accommodations through the SBI Card mobile app or website.
2. Welcome Benefits:
- Upon enrollment, cardholders receive a welcome bonus in the form of Travel Credits:
- SBI Card MILES ELITE: 5000 Travel Credits upon reaching spends of ₹1 lakh within 60 days.
- SBI Card MILES PRIME: 3000 Travel Credits upon reaching spends of ₹60,000 within 60 days.
- SBI Card MILES: 1500 Travel Credits upon reaching spends of ₹30,000 within 60 days.
3. Milestone Benefits:
- Cardholders can earn additional Travel Credits based on annual spends milestones:
- SBI Card MILES ELITE: 20,000 Travel Credits on reaching spends of ₹12 lakh.
- SBI Card MILES PRIME: 10,000 Travel Credits on reaching spends of ₹8 lakh.
- SBI Card MILES: 5,000 Travel Credits on reaching spends of ₹5 lakh.
4. Spends-Based Fee Reversal:
- Annual fee reversal is available upon reaching the spends milestone of ₹15 lakh.
Conclusion:
The SBI Card MILES credit cards offer a compelling proposition for travel enthusiasts, combining rewards, airport lounge access, and seamless redemption options. Whether you’re a frequent traveler or planning your next vacation, these cards provide a convenient way to earn and redeem travel benefits.
The newly launched SBI Card MILES credit cards cater to travel enthusiasts, providing a range of benefits and rewards.
View More Sources
(1) SBI Card MILES credit cards with three variants launched: 7 must-know …. https://economictimes.indiatimes.com/wealth/spend/sbi-card-miles-credit-cards-with-three-variants-launched-7-must-know-features-like-annual-fees-airport-lounge-access-rewards-miles/articleshow/109594526.cms.
(2) SBI Card launches 3 credit card variants in travel category with SBI …. https://www.moneycontrol.com/news/business/personal-finance/sbi-card-launches-3-credit-card-variants-in-travel-category-with-sbi-card-miles-12706822.html.
(3) SBI Card Launches NEW “Miles” Travel Credit Cards. https://cardinsider.com/blog/sbi-card-launches-new-miles-travel-credit-cards/.
(4) SBI Card MILES: SBI Card’s maiden travel-focused credit cards loaded …. https://www.financialexpress.com/money/sbi-card-miles-sbi-cards-maiden-travel-focused-credit-card-with-mega-benefits-airport-lounge-access-air-miles-hotel-points-and-more-3466832/.
(5) undefined. https://www.sbicard.com/.
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