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CRED Sovereign vs SBI Elite Credit Card Compared

Which credit card suits you? Side by side on the numbers that decide it. A blank means the provider has not published that figure, not that it is zero. Data last verified: 11 October 2026.

CRED Sovereign Credit Card versus SBI Elite Credit Card compared
FeatureCRED Sovereign Credit CardCRED Sovereign Credit CardIndusInd Bank1 recent change →
SBI Elite Credit CardSBI Elite Credit CardState Bank of India5 recent changes →
Rewards by spend
RewardsRewards not published0.5% base, up to 2.5% on dining
UPI payments (scan and pay)Not statedEarns nothing
Online shoppingNot stated0.5%
Dining and food deliveryNot stated2.5%
GroceriesNot stated2.5%
Travel: flights, hotels, trainsNot stated0.5%
FuelNot statedEarns nothing
Bills and rechargesNot stated0.5%
RentNot statedEarns nothing
Insurance premiumsNot stated0.5%
School and college feesNot stated0.5%
Wallet top-upsNot statedEarns nothing
Taxes and government paymentsNot statedEarns nothing
Spend abroad or in a foreign currencyNot stated0.5%
Everything elseNot stated0.5%
Card identity
Card typePremiumDining
NetworkRuPayMastercard
Card tierSuper premiumPremium
Fees
Joining fee-₹4,999 + GST
Annual fee-₹4,999 + GST
Fee waived at-₹10,00,000
Eligibility
Employment type-BOTH
Rewards
Reward type-Reward points
Point value-₹0
Fuel surcharge
Fuel surcharge waiverNoYes
Lounge access
Domestic lounge visits-8
International lounge visits-6
Lounge programme-PRIORITY_PASS
Priority PassNoYes
Lounge condition-8 domestic visits a year (2 a quarter) + 6 international Priority Pass visits a year (2 a quarter), with a complimentary Priority Pass membership
Forex and international
Forex markup-1.99%
Interest and charges
Interest rate (monthly)-3.75%
Interest rate (annual)-45%
Page content
Documents needed-PAN card Aadhaar / valid address proof Latest 3 months bank statement Income proof, salary slips (salaried) or ITR (self-employed) Recent passport-size photograph
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Best For

CRED Sovereign Credit Card

    Nothing stands out from the published figures.

    SBI Elite Credit Card
    • High earners who travel abroad
    • Big dining and grocery spenders
    • People who want many lounge visits

    Watch-Outs

    CRED Sovereign Credit Card
    • Skip it if you spend a lot on UPI payments, online shopping, dining or groceries: the card's terms do not state a rate there, so we count nothing
    SBI Elite Credit Card
    • Only about 0.5% on most spends
    • ₹10 lakh waiver is very high
    • Some big grocery chains excluded from 10X

    Card data sourced via CardAdvisor.in (CRED Sovereign Credit Card, SBI Elite Credit Card), India Credit Card Facts, CC BY 4.0, adapted by SkyloFin.

    Questions People Ask

    Can I hold more than one of these cards?

    Usually yes, if each bank approves you. Many people keep one card for everyday spending and another for a specific use such as travel. Each application is a separate credit check.

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