SBI card has launched a premium credit card: Elite. The card comes with a host of facilities, targeted at high net-worth individuals. The credit card has been launched on the MasterCard world platform and is powered by near-field communication (NFC) technology.
According to SBI Card CEO Vijay Jasuja, Elite would enable customers to make contactless payments, thereby adding more speed to their wallets.
The joining fee of the new credit card is Rs. 4,999. Also, the customers will receive attractive gift vouchers worth Rs. 5,000 from prominent travel and lifestyle brands as part of the welcome pack.
It is said that this card will give its customers a new experience of unique premium that would match with their lifestyle. Talking of the benefits and rewards, the card would come along with golf course reservations, 24*7 concierge services, limousine or movie tickets, you can avail all of these by just a phone call.
For the frequent travellers, the card gives lounge access by a priority pass program in over 850 airports around the globe.
On milestone spend of Rs. 3 lakhs, the cardholder will get up to 50,000 bonus points and Rs. 500 off on movie tickets each month.