#51

KrisFlyer SBI Card

Keep

India's only direct line into KrisFlyer — 1.1% on your life, 2.75% in the air, and miles worth ₹2+ in a Saver Business seat.

SBI Card·Visa·premium
Visa — Visa Signature
1.1%
Effective reward rate
₹2,999 + GST
Annual fee
None
Fee waiver

What it's worth to you — net annual value

₹13,501
at ₹1L/month
₹39,901
at ₹3L/month
₹66,301
at ₹5L/month

Welcome: 3,000 KrisFlyer miles on joining-fee payment; complimentary KrisFlyer Elite Silver status on ₹2.5L annual spend

How these numbers are computed →

Spend tiers, milestones and fee waivers included, at our house ₹/point. Portal and category multipliers can push higher — run your exact number →

The take

This is the single card in India that earns Singapore Airlines KrisFlyer miles straight to your frequent-flyer account — no transfer step, no ratio haircut. That matters because KrisFlyer is the points geek's favourite premium-cabin target: a Saver Business seat to Singapore or Europe routinely returns north of ₹2 a mile, more than double what these miles cost you to earn. The catch is the earn rate itself. General spend pays a thin 1 mile per ₹100 (about 1.1% at our ₹1.10 mark), with Singapore Airlines, Scoot and international spends lifting to 2.5 (roughly 2.75%); fuel, rent, utilities, government and wallet loads earn nothing at all. A ₹2,999 fee with no spend waiver, a 3.5% forex markup and a hard three-year expiry on the miles mean this is emphatically not an everyday earner. Carry it if you fly SQ and want to feed a real premium-cabin habit; pair it with a card that actually earns and let this one collect the welcome, the milestone miles and the Elite Silver runway. For anyone who doesn't fly Singapore Airlines, there is nothing here.

What's good

  • The only Indian card that earns KrisFlyer miles directly — no transfer, no ratio cut
  • 3,000 welcome miles + 3,000 more at ₹3L annual spend
  • Complimentary KrisFlyer Elite Silver on ₹2.5L spend — lounge, priority and bonus-mile perks
  • 2.5 miles/₹100 on Singapore Airlines, Scoot & international spends
  • 4 domestic (1/quarter) + 4 international lounge visits via complimentary Priority Pass

Watch out

  • General earn is 1 mile/₹100 (≈1.1%) — everyday spend belongs on another card
  • ₹2,999 fee has no spend-based waiver; 3.5% forex markup
  • KrisFlyer miles expire a hard 3 years from accrual — no activity extension
  • Fuel, rent, utilities, government and wallet loads earn nothing
  • ₹99 + GST redemption fee per request

What earns, what doesn't

Base 1 KrisFlyer mile/₹100 (2 miles/₹200); Singapore Airlines Group & international spends 2.5/₹100 (5/₹200). SBI's published exclusion set — fuel, rent, utility, government and wallet loads earn zero. Visa card, so no UPI.

Fuel excluded — Zero miles — in SBI's published exclusion list
Rent & property management excluded — Zero miles — in SBI's published exclusion list
Government / tax excluded — Zero miles — in SBI's published exclusion list
Utilities (electricity/water/gas) excluded — Zero miles — in SBI's published exclusion list
Insurance full — Base 1 mile/₹100 — not in the published exclusion list (community, flag)
Education full — Base 1 mile/₹100 (community, flag)
Wallet loads excluded — Zero miles — wallet loads in SBI's exclusion list
Groceries & supermarkets full — Base 1 mile/₹100 (community)
Telecom full — Base 1 mile/₹100 (community, flag)
Jewellery / gold full — Base 1 mile/₹100 (community, flag)
Forex / international spends full — International spends earn 2.5 miles/₹100 (5/₹200); 3.5%+GST markup
UPI (RuPay-on-UPI only) excluded — Visa Signature card — not UPI-linkable, so no UPI earn
EMI conversions / merchant EMI excluded — EMI conversions earn no miles (community)
  • Fuel · excluded Zero miles — in SBI's published exclusion list
  • Rent & property management · excluded Zero miles — in SBI's published exclusion list
  • Wallet loads · excluded Zero miles — wallet loads in SBI's exclusion list
  • Utilities (electricity/water/gas) · excluded Zero miles — in SBI's published exclusion list

per SBI Card T&C (community-sourced) · rank every card by spend category →

Lounge access

4/year (1 per quarter)
Domestic
4/year (Priority Pass)
International
Guests

Opens 606 of 662 tracked lounge doors across 251 airports — see the full map →

Can you get it?

The cutoffs and the actual route in — not the "apply now" button, the door that opens.

Route Direct application
Income · salaried not published
Income · self-employed not published
Age band 18–70

Direct application — no invite list, no banking relationship required.

Openly available to apply on SBI Card's site (the product page runs a live 'Apply Now' flow). SBI publishes no separate KrisFlyer-specific income floor beyond its standard travel-card underwriting; the ₹2,999 fee has no spend waiver, so only the welcome and milestone miles offset it.

per the official SBI Card MITC — figures marked (community) aren't in the PDF; the issuer won't say · filter the ranking by what you can get →

The fine print

What the MITC actually says — the rates, fees and cutoffs the brochure skips.

Forex markup 3.5% + GST
APR not published
Late fee not published
Cash advance not published
Add-on card not published
Overlimit not published
Redemption fee ₹99 + GST per redemption request

Visa Signature. Fee ₹2,999 + GST, no spend waiver. Forex 3.5%+GST. Miles accrue directly to KrisFlyer (hard 3-year expiry). Earn: 2 miles/₹200 general, 5/₹200 on Singapore Airlines Group & international; fuel/rent/utility/government/wallet excluded. APR, late-fee slabs and cash-advance follow SBI Card's standard MITC — not separately machine-verified for this co-brand; verify before quoting.

per the official SBI Card MITC (community-sourced) · reviewed 10 Jul 2026

What's changed for this card

Full tracker →

Devaluations and buffs that touch this card directly, its issuer, or the points and programs it earns and transfers to.

  • 28 Mar 2026
    Devaluation moderate Singapore Airlines KrisFlyer
    KrisFlyer quietly cuts its own dynamic 'Access' award rates
    Access dynamic awards priced as launched in Nov 2025 Access rates cut up to 10.9% (economy/PE), 3.9% (J/F)

    Barely five months after introducing dynamic 'Access' award pricing alongside a broader Saver-chart devaluation, KrisFlyer moved the goalposts again on 28 March 2026 — this time devaluing the dynamic tier itself by up to 10.9% in economy and premium economy. For Indian cardholders funnelling HDFC Infinia, Axis Atlas or ICICI points into KrisFlyer, this is the second haircut in under half a year on the same currency, and it came with the usual zero warning.

  • 10 Jan 2026
    Lounge moderate SBI Card
    SBI Card splits domestic lounges into tiers, adds entry fees
    Uniform domestic lounge list, free swipe-in access Set A/Set B lounge tiers by card, plus ₹2–25 entry charges

    From 10 January 2026, SBI Card sorts its domestic lounge network into a Set A (top cards like Club Vistara SBI Card, Apollo SELECT) and a broader Set B (PRIME, Pulse, Titan SBI Card and others) — and bolts on a non-refundable ₹2 authorization charge plus a ₹25 validation hold on every visit. It's marketed as an expansion since more airports are covered, but the fine print is a two-tier system with new friction at the gate, right after SBI had already pulled complimentary air accident insurance six months earlier.

  • 1 Nov 2025
    Devaluation major Singapore Airlines
    KrisFlyer devalues premium and Star Alliance awards
    Old saver/advantage rates Biz/First Saver +5%, Advantage +15%, Star Alliance +5–12%

    The single most important transfer target for Indian points — HDFC, Axis, Amex and HSBC all feed it — got pricier. Business and First saver awards rise 5% (Zone 10 up to 20%), Advantage awards jump 15%, and Star Alliance redemptions cost 5–12% more. The ₹2/mile sweet spots just got harder to reach.

  • 1 Nov 2025
    Fee minor SBI Card
    SBI adds 1% on third-party education and wallet loads
    No fee on education / wallet loads 1% fee via third-party apps

    Pay tuition straight to the college and you're fine; route it through CRED/Paytm and SBI now clips 1%. Wallet loads get the same treatment. Another door on manufactured spend quietly shut.

  • 15 Jul 2025
    Devaluation moderate SBI Card
    SBI Card pulls free air accident insurance from its top cards
    ₹50L–₹1Cr complimentary air accident cover on top cards Cover discontinued entirely, no replacement offered

    SBI Card Elite, Miles Elite, Miles Prime, Prime and Pulse all lost their complimentary air accident insurance on 15 July 2025 — cover that ran as high as ₹1 crore on the top-end cards. No like-for-like replacement was offered; it's a straight benefit removal that quietly thins out what used to be a genuine differentiator for SBI's premium travel lineup versus HDFC and Axis.

  • 1 Dec 2024
    Launch moderate HSBC
    HSBC TravelOne arrives — a 20-partner airmiles card
    No mainstream HSBC airmiles card in India ₹4,999 card, 4X travel/forex, 1:1 to Avios & KrisFlyer

    HSBC's serious play for Indian miles chasers: 4 points per ₹100 on flights, travel aggregators and forex, and instant 1:1 transfers to British Airways and Qatar Avios plus ~20 airline/hotel partners including KrisFlyer and Air India — all from the app. A genuine sub-₹5k alternative to Atlas. (Welcome-offer window opened 1 Dec 2024.)

  • 15 Apr 2024
    Devaluation moderate SBI Card
    SBI Card kills reward points on rent
    Rent earned reward points MCC 6513 excluded — zero points

    After 15 April 2024 no SBI card earns on rent, from SimplySAVE to Aurum. The rent-MCC exclusion is now industry standard; SBI just made it explicit and total.

  • 1 Jul 2023
    Devaluation moderate SBI Card
    SBI kills reward points on rent across its co-brand cards
    Rent payments earned normal Reward Points Rent payments earn zero Reward Points

    Effective July 1, 2023, SBI Card cut off reward-point accrual on rent payments across a wide swath of its co-branded lineup — Aditya Birla, Apollo, BPCL, the metro cards, Fabindia, IRCTC and Ola Money SBI Cards all lost the category in one stroke. Rent-via-credit-card had been one of the last easy manufactured-spend levers on SBI's ecosystem; this closed it a full nine months before rivals followed with their own rent crackdowns.

Go deeper

Sources

Every fact on this page is checked against these documents — the issuer's own paperwork first. Spot something stale? The PDF wins, and we re-verify.

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