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by Kshitiz V Sharma on

The Bottom Line

High Fee, Good for Vistara Flights

10 Reward Points / ₹100 on dining, departmental stores & grocery, 2 Points on all other spends except fuel. 9 Club Vistara Points on Vistara flights.

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.

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.

The Rewards

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

Fees & Charges

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
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