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| Monthly Spend | ₹5K | ₹10K | ₹20K | ₹50K | ₹100K |
|---|---|---|---|---|---|
| Net Reward Yield | (-7.3%)^ | (-3.1%)^ | (-1.1%)^ | 1.5% | 2.0% |
| Est. Monthly Reward (₹) | (370) | (315) | (225) | 760 | 1,950 |
| All-India Rewards Rank* | 346 | 344 | 348 | 47 | 22 |
| Within Bank Rank* | 68 | 68 | 69 | 19 | 6 |
| * Based on est. net reward yield for nearly 400 credit cards in India, for each monthly spending level. Read about how we calculate the net reward yield here.
^The negative figure means at this level of monthly spends, the rewards earned in a year will be worth less than the annual fee. |
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The UCO Bank SBI Card ELITE offers an effective reward of 2.5% on grocery and dining & 0.5% on foreign and all other spends. Strong milestone rewards.
You also earn 9 Club Vistara Points for every Rs. 100 spent on Vistara flights, an effective reward of 8.1%.
Overall, you can earn a net reward yield of 1.5-2.0% on monthly spends above ₹50,000 with this card.
The CASHBACK SBI Card is the best credit card for most SBI Card customers. We estimate it offers an average net reward yield of 1.9-2.3% on all your spend.
Our list of the best credit cards in India, at every spending level and from every bank, is here. You can find a detailed discussion of our methodology here.
| Card | UCO Bank SBI Card ELITE |
|---|---|
| Card Type | Reward |
| Reward Features | 10 Reward Points / ₹100 on: – Dining – Departmental Stores – Grocery 2 Reward Points / ₹100 on all other spends except fuel 9 Club Vistara Points / ₹100 on Vistara flights |
| Milestone Rewards | – 10,000 Reward Points on annual spends of ₹3 and ₹4 Lacs
– 15,000 Reward Points on annual spends of ₹5 and ₹8 Lacs |
| Other Rewards | – Complimentary Club Vistara Silver membership
– 6 Complimentary International Airport Lounge Visits / Year – 2 Complimentary Domestic Airport Lounge Visits / Qtr – 1 Complimentary Vistara lounge Voucher – Free Movie Tickets worth ₹6,000 every year – 1 Complimentary Upgrade Voucher from Vistara |
| Rewards Redemption Fee | ₹99 |
| Reward Caps | Unlimited |
| Preferred Redemption Method | Use points to pay off statement balance @ ₹0.25/point |
| Card | UCO Bank SBI Card ELITE | |
|---|---|---|
| Joining Fee | ₹4,999 + Taxes | |
| Annual Fee | ₹4,999 + Taxes | |
| Min. Annual Credit Card Spend for Fee Waiver |
₹10 Lacs | |
| Income Criteria | Salaried | N/A |
| Self-employed | N/A | |
| Supplementary Card Fee | Free | |
| Interest Rate | 42.00% | |
| Foreign Currency Markup | 1.99% | |
| Cash Advance Charge | 2.50% with a minimum of ₹500 | |
Questions? Suggestions? See a mistake? Write to us!
Our analysis of 100s of flights shows that miles from international airlines are worth much less in India that they are globally, between 16-54% less. Their value in India is between ₹0.50/mile for the Etihad to ₹0.80/mile for BA & SQ.
2 Free Movie / Stream / Play / Events / Sports / Activities tickets up to ₹250 each and ₹100 off on F&B Spends on BookMyShow tickets.
8 reward points / ₹400 on bill payments & education and 1 point on all other spends. Fuel surcharge waiver of up to ₹100 per month.
