 "SBI Card, Dinesh Kala, SBI")
From left to right – Abhijit Chakravorty, Managing Director and CEO, SBI Cards, attending the launch of SBI Cards Miles credit card in Mumbai on Tuesday, April 23, 2024. Mr. Dinesh Kala, Chairman, State Bank of India – Kamlesh Pednekar.
2 min read Last updated: April 23, 2024 | 10:53 PM IST
SBI Card on Tuesday introduced its first travel-focused core credit card ‘SBI Card Miles’, the bank announced in a release.
The card promises comprehensive travel benefits, including converting travel credits into air miles and hotel points, enhanced benefits on all travel bookings, and access to airport lounges.
The bank has partnered with over 20 leading airline and hotel brands including Air Vistara, Air India, SpiceJet and IHG Hotels & Resorts.
According to SBI Card, there are three variants – SBI Card Miles Elite, SBI Card Miles Prime and SBI Card Miles – designed to enhance these experiences through carefully selected travel benefits.
Cardholders can earn up to 6 travel credits for every Rs 200 spent on travel and up to 2 travel credits for every Rs 200 spent in other categories.
The joining fee and annual fee for SBI Card Miles Elite is Rs 4,999, while SBI Card Miles Prime and SBI Card Miles are Rs 2,999 and Rs 1,499 respectively.
“Strong economic growth and solid consumption conditions have underlined India’s position in the world. Even in the travel sector, India is today considered one of the leading markets for outbound travel in many countries, including Asia and Europe. ” said Dinesh Kumar Khara, Chairman, State Bank of India.
First published: April 23, 2024 | 9:32 PM IST
