SBIcard business is little different from the likes of HDFC, Amex etc. While their rewards system and spend based offers is utter garbage, they have presence in most of the e-commerce platforms major sale events. So we can squeeze in more than what meets the eye. SBI elite is good only for first year and reward rate plummets considering the annual fee and almost zero retention policy from SBIcard. My plan is to use for one year and then tier down as well.