Lifestyle Home Centre SBI Card Prime – Benefits, Fees & Eligibility

Introduction

The Landmark Rewards SBI Card PRIME, also known as the Lifestyle Home Centre SBI Card Prime, is a premium rewards credit card issued by SBI Card. Positioned for individuals who enjoy shopping and dining, it offers generous welcome and milestone reward points, accelerated earnings at Landmark Stores, and complimentary domestic and international lounge access. Please note that this card has been discontinued.

Welcome Benefits

• Get 12,000 bonus reward points worth Rs. 3,000 on payment of annual fees.
• Receive Rs. 100 cash-back on your first ATM withdrawal within 30 days of receiving the card.

Fees

• Joining Fee: Rs. 2,999 + applicable taxes/GST.
• Renewal Fee: Rs. 2,999 + applicable taxes/GST from the second year onwards.
• Spend-Based Waiver: Not applicable.
• Rewards Redemption Fee: Rs. 99.
• Foreign Currency Markup: 3.5%.
• Interest Rates: 3.50% per month (finance charge).
• Fuel Surcharge Waiver:
  • Enjoy 1% fuel surcharge waiver on transactions between Rs. 500 and Rs. 3,000 (exclusive of GST and other charges) at all petrol pumps across India.
  • Maximum waiver of Rs. 250 per statement cycle.
• Cash Advance Charges: 2.5% or Rs. 500, whichever is higher, at national and international ATMs.
• Add-on Fee: Nil per annum.

Rewards

• Accelerated Rewards:
  • Earn 25 Reward Points on every Rs. 100 spent at Online & Retail Landmark Stores (Lifestyle, Home Centre, Max, Spar, Baby Shop, and EasyBuy).
  • Earn 10 Reward Points per Rs. 100 spent on Dining, Movies & International Spends.
  • Earn 2 Reward Points per Rs. 100 spent on other retail purchases (excluding Fuel, Rental, Govt Spends, Gaming, Wallet, EMI).
• Milestone Benefits:
  • Earn a total of 58,000 reward points under milestone benefits, worth Rs. 14,500.
  • 20,000 bonus reward points on overall annual retail spends of Rs. 5,00,000.
  • 20,000 reward points on yearly spend of Rs. 180,000 at all Landmark Outlets.
  • 12,000 reward points on yearly spend of Rs. 100,000 at all Landmark Outlets.
  • 8,000 reward points on yearly spend of Rs. 40,000 at all Landmark Outlets.
  • Earn 2,000 reward points on annual spends of Rs. 200,000.
• Travel Benefits:
  • Domestic Lounge Access: Avail 8 complimentary visits to domestic airport lounges per year (maximum 2 per quarter).
  • International Lounge Access:
    • Get complimentary Priority Pass Membership worth USD 99.
    • Avail 4 complimentary visits per year (maximum 2 visits per quarter).
    • Post complimentary visits, a usage fee of $27 + taxes will be charged.
• Movies & Dining: Earn 10 Reward Points on every Rs. 100 spent at dining and movies.
• Golf: Not applicable.
• Insurance Benefits: Not applicable.

Rewards Redemption Guide

• 1 Landmark Reward is equivalent to 2.4 SBI Reward Points.
• 1 SBI Card Reward Point is equivalent to Rs. 0.24.
• 1 Landmark Reward is equivalent to Rs. 0.60.
• 4 Reward Points are equivalent to Re. 1.
• Reward points can be redeemed instantly at Lifestyle, Home Centre, Spar, Max, Baby Shop, and EasyBuy stores.
• You can redeem your reward points as cashback.
• To avail dual benefits, you can easily convert your reward points into Landmark Rewards.

Card Eligibility Criteria

• The applicant’s age should be between 23-60 years.
• The income requirement is solely based on the bank’s discretion.
• The applicant must have a good credit score, preferably above 650.

Card Review

The Landmark Rewards SBI Card PRIME is an ideal choice for shopaholics who frequently shop online or offline at Landmark outlets. It offers exciting reward benefits on shopping, dining, and movies. The card also provides valuable travel perks like domestic and international lounge access. While it is a strong card for building a good credit profile for those with a credit score of 650 and above, it is important to note that this card has been discontinued.

Important Product Details

• A renewal fee of Rs. 2,999 with applicable taxes is charged annually.
• A joining fee of Rs. 2,999 plus GST is charged at the time of joining.
• Receive 12,000 bonus reward points as welcome benefits.
• Get 12,000 reward points on the payment of the renewal fee, credited to your account within 30 days.
• Earn a cumulative of 58,000 reward points worth Rs. 14,500 under milestone benefits.
• Earn 25 reward points on every Rs. 100 spent at Landmark stores like Lifestyle, Home Centre, etc.
• Avail 10 reward points on every Rs. 100 spent at dining & movies.
• Get 2 reward points per Rs. 100 on other retail purchases.
• Earn bonus reward points of 20,000 on overall retail spends of Rs. 5,00,000.
• Contactless Advantage: Tap & Pay with Ease for fast, convenient, and secure transactions using Visa PayWave technology.
• Global Acceptance: Accepted at over 24 million outlets globally, including 3,25,000 in India.
• Cash Access Across the World: Withdraw cash from over 1 million ATMs across the globe.
• Flexipay EMI: Convert eligible purchases of Rs. 2,500 or more into easy monthly EMIs.
• Add-on Cards: Empower your immediate family members (parents, spouse, children, or siblings above 18) with add-on cards at no additional fee.
• Easy Bill Pay Facility: Pay your electricity, telephone, mobile, and other utility bills.
• Balance Transfer on EMI: Transfer outstanding balances of other banks’ credit cards to your Landmark Rewards SBI Card PRIME at a lower interest rate and repay in easy EMIs.

Other Details

• This card has been discontinued.
• All taxes would be charged as applicable on all fees, interest, and charges.
• Cheques payable outside clearing zones are not accepted; payment through local cheques or drafts payable in Delhi only.
• The value proposition of the co-brand product may be funded jointly by SBI Card and the co-brand partner based on their financial arrangement.
• Continued use of the card will be deemed acceptance of amendments in all Terms and Conditions.
• Any disputes arising out of the offer between the Cardholder and SBICPSL shall be subject to arbitration by a sole arbitrator appointed by SBICPSL. The arbitration proceedings will be conducted as per the provisions of the Arbitration and Conciliation Act, 1996, in New Delhi, in English.
• SBICPSL may engage agents and/or third parties for marketing or sales-related services.