Benefites of SBI Credit Card Total Benefits...
FABindia SBI Card SELECT
- Joining Fee: Rs. 1,499 (plus applicable taxes)
- Renewal Fee: Rs. 1,499 (plus applicable taxes)
- Best Suited For: Shopping
- Reward Type: Reward Points
- Welcome Benefites: Fabindia Vouchers worth Rs. 1,500; direct access to platinum tier Fabfamily membership.
SBI joined hands with the lifestyle retail brand FABindia and launched a co-branded credit card in June this year. The card is yet another addition to the State Bank’s already large portfolio of co-branded credit cards, including Max SBI Card Select, LifeStyle Home Centre SBI Card prime, etc. The card comes with exclusive benefits for FABindia customers including direct access to the Platinum tier of the FABfamily membership and accelerated Reward Points on FABindia stores. The card also entitles you to a complimentary Priority Pass membership and 4 complimentary domestic lounge access every year. Read on to learn more about this cobranded offering by SBI Cards.
New Features
Spend Based Waiver
Annual fee waived off on spends of Rs. 2 lakh in the previous year
Interest Rates
3.5% per month (or 42% annually)
Add-on Card Fee
Nil
Rewards Redemption Fee
Rs. 99 (plus applicable taxes) per redemption request
Fuel Surcharge
1% fuel surcharge waived off for transactions of up to Rs. 3,000 (max waiver of Rs 100 per month)
Foreign Currency Markup
3.5% of the transaction amount
Cash Advance Charges
2.5% of the transaction amount, subject to a minimum amount of Rs. 500
Movie & Dining
N/A
Travel
4 complimentary domestic airport lounge access (1 per quarter), complimentary Priority Pass membership for two years
International Lounge Access
Complimentary Priority Pass membership for two years (lounge visits are chargeable)
Rewards Rate
10 Reward Points per Rs. 100 spent on Fabindia stores, 3 RPs per Rs. 100 spent on dining, movies and entertainment, 2 RPs per Rs. 100 spent on all international spends, 2 RPs per Rs. 200 on all other spends.
Golf
N/A
Insurance Benefits
N/A
Reward Redemption
Reward Points can be converted into Fabfamily Rewards which can be used for shopping on Fabindia stores. 1 Reward Point = 1 Fabfamily Reward = Re. 1
Domestic Lounge Access
4 complimentary domestic airport lounge access (1 per quarter)
Zero Liability Protection
Cardholder not liable for any fraudulent transaction post reporting the loss of card to the bank
Pros
No data available
Cons
No data available