SBI Card Launches Travel-Centric Credit Card ‘SBI Card MILES’ with Flexible Rewards

SBI Card, India’s leading pure-play credit card issuer, unveiled its first travel-focused credit card program, SBI Card MILES, on April 23, 2024. This has been designed to cater to all types of travellers, from those with occasional travel aspirations to frequent fliers and travel enthusiasts. SBI Card MILES offers a comprehensive suite of benefits.

SBI Card MILES comes in 3 variants – ELITE, PRIME, and MILES – catering to various travel styles and budgets. Each tier offers attractive features like:

• Flexible Reward Points: Earn Travel Credits on all your spending, with bonus points on travel bookings. These Travel Credits can be converted into Air Miles or Hotel Points with your preferred partners, including major airlines like Air Vistara, Air India, SpiceJet, and international brands like Air France-KLM, Etihad Airways, and Thai Airways. Alternatively, use them directly for flight and hotel bookings through the SBI Card mobile app or website or redeem them on the SBI Card Rewards Catalogue.
• Unmatched Choice: SBI Card MILES boasts partnerships with over 20 leading airline and hotel brands, offering cardholders unmatched flexibility when it comes to redeeming their rewards. This includes renowned hotel chains like ITC Hotels, IHG Hotels & Resorts, and Accor.
• Airport Lounge Access: Higher-tier cards offer complimentary airport lounge access, making your travel experience even more comfortable.

SBI Card MILES empowers you with a user-friendly redemption process. Manage your Travel Credits easily through the SBI Card mobile app or website and choose the redemption option that best suits your needs. Recognising the growing appetite for travel experiences in India, SBI Card MILES offers a credit card program designed to elevate your journeys. With its flexible rewards structure, extensive partner network, and convenient redemption options, SBI Card MILES empowers you to explore the world your way.

“Our customer-centric approach has always driven us to design innovative products, solutions, and services that address the evolving and diverse lifestyle needs and offer customers an extremely rewarding experience. Indian travellers are large global spenders, and naturally, with increased and more robust travel plans, consumers are looking for curated benefits to enhance their travel experiences”, said Mr Abhijit Chakravorty, MD and CEO, SBI Card.

He further added, “SBI Card MILES is our endeavour to offer our customers the best of all travel benefits. The card has been designed to become one true travel partner for the cardholders. We are sure that our cardholders will enjoy the exclusive benefits offered by our travel-centric core card.”

“The strong economic growth and robust consumption landscape has accentuated India’s position in the world. Even in the travel sector, today, India is considered amongst the key source markets for outbound travel in many countries, including those in Asia and Europe. I congratulate SBI Card on the launch of SBI Card MILES, a strong product that will redefine the travel experiences for Indian consumers,” said Mr Dinesh Kumar Khara, Chairman of State Bank of India.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.