- Joining fee
₹499 + GST
- Annual fee
₹499 + GST
- Best suited for
Shopping
- Reward type
Reward Points
Rewards
- Rewards rate
10 Reward Points/₹100 Spent at Online & Retail Landmark Stores; 5 Reward Points/₹100 Spent on Dining and Movies; 1 Reward Point/₹100 Spent on Other Retail Purchases
- Welcome benefits
2,000 Bonus Reward Points Worth ₹500
- Reward redemption
4 Reward Points = ₹1. Redeem Points at Lifestyle, Home Centre, SPAR, Max, Baby Shop, and EasyBuy
Fees & charges
- Foreign currency markup
3.5%
- Interest rates
3.75% Per Month (45% Annually)
- Fuel surcharge waiver
1% Waiver on Fuel Transactions Between ₹500 and ₹3,000
- Cash advance charges
2.5% or ₹500 (Whichever is Higher)
Product highlights
- The Landmark Rewards SBI Credit Card is most suited for shopping at Landmark stores and brands.
- This card comes with an annual and joining charge of ₹499 + GST.
- Cardholders receive 2,000 bonus Reward Points worth ₹500 when paying the annual fee, as a renewal benefit.
- Those with high spends can earn 8,000 bonus Reward Points on annual spends of ₹2 lakh or more.
Pros & cons
Pros
- This card comes packed with attractive welcome, reward, and milestone benefits, all while maintaining an affordable fee structure.
Cons
- Reward points must generally be redeemed at Landmark Group stores or converted to a statement credit (1 RP = ₹0.25). This is a major drawback for those expecting flexible redemption options, such as Amazon vouchers.
FAQs
What is the interest rate on the Landmark Reward SBI Credit Card?
The interest rate on the Landmark Reward SBI Credit Card is 3.75% per month, i.e, 45% per annum.
What is the value of 1 Reward Point that I earn using this credit card?
The value of 1 RP is ₹0.25, i.e, 4 Reward Points = ₹1.
What is the joining fee for this card?
The joining fee of the Landmark Rewards SBI Credit Card is ₹499 + GST.