
- Joining fee
₹1,499 + GST
- Annual fee
₹1,499 + GST
- Best suited for
Shopping
- Reward type
Reward Points
Rewards
- Rewards rate
15 RPs/₹100 Spent at Landmark Stores. 10 RPs/₹100 Spent for Dining, Movies & International Spends. 2 RPs/₹100 Spent for Other Eligible Purchases
- Welcome benefits
6,000 Reward Points Worth ₹1,500
- 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 ₹4,000
- Cash advance charges
2.5% or ₹500 (Whichever is Higher)
Product highlights
- This is a shopping credit card most suited for spending at Landmark Stores like Lifestyle, Home Centre, Spar, Max, Baby Shop, and EasyBuy.
- It comes at a joining and annual charge of ₹1,499 + GST.
- Cardholder shall be eligible for 6,000 Reward Points on payment of renewal charges.
- Cardholders can also earn 12,000 bonus Reward Points on making annual spends of ₹3 lakh or more.
Pros & cons
Pros
- Those who often shop at Lifestyle, Home Centre, Spar, Max, Baby Shop, and EasyBuy stores can save big with this card.
Cons
- There are no airport lounge benefits associated with this card.
FAQs
Is this card lifetime free?
No, the Landmark Rewards SBI SELECT Credit Card is available at a joining and annual charge of ₹1,499 + GST.
What is the value of 1 SBI Reward Point?
One SBI Reward Point = ₹0.25.