State Bank of IndiaLifestyle Home Centre SBI Card SELECT – Benefits, Fees & Eligibility
Is the Lifestyle Home Centre SBI Card SELECT Right for You?
The Lifestyle Home Centre SBI Card SELECT is best suited for users who prioritize Shopping, Dining, Movies. With a joining fee of ₹1,499 + GST and a renewal fee of ₹1,499 + GST, this card is positioned for cardholders who can maximize its benefits to justify the cost. It offers Reward Points as its primary reward mechanism, with a rewards rate of Earn 10 RP on Rs. 100 at Landmark Stores, Dining & Movies; 2 RP on Rs. 100 on other spends..
Key Card Details
₹1,499 + GST
₹1,499 + GST
Reward Points
Not Applicable
Notable Perks
Domestic Lounge Access
Not Applicable
International Lounge Access
Not Applicable
Insurance Coverage
Not Applicable
Spend-Based Waiver
Not Applicable
Movie Benefits
Earn 10 Reward Points on every Rs. 100 spent on Movies.
Golf Benefits
Not Applicable
Things to Consider
The annual fee is not waived based on spending, only offset by points.
Accelerated rewards are primarily limited to co-brand Landmark Stores.
This card does not offer any complimentary airport lounge access benefits.
Benefits & Features
Welcome Offer
Get 6000 bonus reward points, equivalent to INR 1500, upon payment of the annual fees.
Rewards Rate
Earn 10 RP on Rs. 100 at Landmark Stores, Dining & Movies; 2 RP on Rs. 100 on other spends.
Reward Type
Reward Points
Reward Redemption
Redeem instantly at Lifestyle, Home Centre, Spar, Max stores or convert to Landmark rewards.
Domestic Lounge Access
Not Applicable
International Lounge Access
Not Applicable
Premium Benefits
Not Applicable
Insurance Coverage
Not Applicable
Movie Benefits
Earn 10 Reward Points on every Rs. 100 spent on Movies.
Dining Benefits
Earn 10 Reward Points on every Rs. 100 spent on Dining.
Travel Benefits
Not Applicable
Fees & Charges
Joining Fee
₹1,499 + GST
Renewal Fee
₹1,499 + GST
Spend-Based Waiver
Not Applicable
Foreign Currency Markup
Not Applicable
Interest Rates
Not Applicable
Fuel Surcharge Waiver
1% waiver on fuel transactions of Rs. 500-3,000, capped at Rs. 100 per cycle.
Cash Advance Charges
Not Applicable
Rewards Redemption Fee
Not Applicable
Pros & Cons
Pros
Key benefits and features of this card.
Earn 10X reward points on spends at Landmark Stores, Dining, and Movies.
Receive substantial milestone benefits, offering up to Rs. 8,600 in value.
Welcome and renewal benefits effectively offset the annual fee of the card.
Benefit from a 1% fuel surcharge waiver on transactions up to Rs. 3,000.
Enjoy secure contactless payments and worldwide acceptance for convenience.
Cons
Key drawbacks and limitations of this card.
The annual fee is not waived based on spending, only offset by points.
Accelerated rewards are primarily limited to co-brand Landmark Stores.
This card does not offer any complimentary airport lounge access benefits.
Lacks specific travel or insurance benefits often found on premium cards.
The fuel surcharge waiver is capped at Rs. 100 per statement cycle.
Product Details
Enjoy fast, convenient, and secure contactless payment transactions.
Benefit from worldwide acceptance at over 24 million outlets globally.
Provide add-on cards for eligible family members at no additional fee.
Access cash from over 1 million Visa ATMs worldwide for convenience.
Utilize Easy Bill Pay for seamless electricity, telephone, and other utility bills.
Transfer outstanding balances from other bank credit cards to this card.
Convert any transaction of Rs. 2,500 or more into easy monthly installments.
Benefits & Features
Welcome Offer
Get 6000 bonus reward points, equivalent to INR 1500, upon payment of the annual fees.
Rewards Rate
Earn 10 RP on Rs. 100 at Landmark Stores, Dining & Movies; 2 RP on Rs. 100 on other spends.
Reward Type
Reward Points
Reward Redemption
Redeem instantly at Lifestyle, Home Centre, Spar, Max stores or convert to Landmark rewards.
Domestic Lounge Access
Not Applicable
International Lounge Access
Not Applicable
Premium Benefits
Not Applicable
Insurance Coverage
Not Applicable
Movie Benefits
Earn 10 Reward Points on every Rs. 100 spent on Movies.
Dining Benefits
Earn 10 Reward Points on every Rs. 100 spent on Dining.
Travel Benefits
Not Applicable
What matters, explained clearly
Lifestyle Home Centre SBI Card SELECT
Introduction
The Lifestyle Home Centre SBI Card SELECT is designed for individuals who frequently shop at Landmark Stores (Lifestyle, Home Centre, Max, and Spar) and enjoy dining and movies. This card offers significant reward points on these categories, along with attractive milestone benefits and a welcome bonus that effectively offsets the annual fee. It also provides convenience features like contactless payments and worldwide acceptance.
Welcome Benefits
- Get 6000 bonus reward points, equivalent to INR 1500, upon payment of the annual fees.
- Reward Points will be credited to the cardholder's account within 30 days of annual fee payment.
Fees
- Annual Fee (one-time): Rs. 1499 + GST/Taxes
- Renewal Fee (per annum): Rs. 1499 + GST/Taxes
- Add-on Fee (per annum): Nil
- Fuel Surcharge Waiver: Enjoy freedom from paying the 1% fuel surcharge across all petrol pumps in India, on transactions of Rs. 500 - Rs. 3,000, exclusive of GST and other charges.
- Maximum surcharge waiver of Rs. 100 per statement cycle per credit card account.
Rewards
- Accelerated Rewards:
- Earn 10 Reward Points on every Rs. 100 spent at Online & Retail Landmark Stores (Lifestyle, Home Centre, Max and Spar), Dining & Movies.
- Standard Rewards:
- Earn 2 Reward points per Rs. 100 spent on other retail purchases (Non fuel).
- Reward Point Value: 4 Reward Points = 1 Rupee.
- Milestone Benefits:
- Cumulative milestone benefit up to 34,400 Reward Points worth Rs 8,600.
- Earn 2400 bonus Reward Points on annual spends of Rs 25,000 across all Landmark Stores.
- Earn 8,000 bonus Reward Points on annual spends of Rs 75,000 across all Landmark Stores.
- Earn 12,000 bonus Reward Points on annual spends of Rs 150,000 across all Landmark Stores.
- Earn an additional 12,000 bonus Reward Points on overall annual retail spends of Rs 300,000.
- Renewal Benefit:
- Get 6000 Reward points worth Rs 1500 on payment of renewal fees.
- Reward Points will be credited to the cardholder's account within 30 days of fee payment.
Rewards Redemption Guide
- Redeem your Reward Points instantly at Lifestyle, Home Centre, Spar, and Max stores.
- Convert your Reward Points into Landmark rewards to get dual benefits.
Important Product Details
- Welcome Bonus: Receive 6000 bonus reward points (worth Rs. 1500) upon annual fee payment.
- High Reward Rate: Earn 10X reward points on spending at Landmark Stores, Dining, and Movies.
- Milestone Rewards: Achieve significant bonus reward points based on annual spending at Landmark Stores and overall retail spends, offering up to Rs. 8,600 in value.
- Fuel Surcharge Waiver: Benefit from a 1% fuel surcharge waiver on transactions between Rs. 500 and Rs. 3,000, capped at Rs. 100 per statement cycle.
- Renewal Benefit: The renewal fee is offset by 6000 reward points (worth Rs. 1500) upon renewal fee payment.
- Contactless Payments: Enjoy fast, convenient, and secure transactions by simply waving your card at secure readers.
- Worldwide Acceptance: Use the card at over 24 million outlets globally, including 3,25,000 outlets in India, wherever Visa is accepted.
- Add-on Cards: Provide add-on cards for family members (parents, spouse, children, or siblings above 18 years of age) at no additional fee.
- Cash Withdrawal: Access cash from over 1 million Visa ATMs worldwide.
- Utility Bill Payments: Utilize the Easy Bill Pay facility for electricity, telephone, mobile, and other utility bills.
- Balance Transfer on EMI: Transfer outstanding balances from other bank credit cards to this card at a lower interest rate and pay in EMIs.
- Flexipay: Convert any transaction of Rs. 2,500 or more into easy monthly installments within 30 days of purchase.
Other Details
- Terms and Conditions: Detailed Terms and Conditions and Usage Directions are available via a provided link.
- Contactless Security: The card remains in your hand during contactless transactions, reducing the risk of card loss and skimming. A unique security key ensures only one transaction goes through even if the card is waved multiple times.
- Payment Settlement: All payments made for a cardholder account will be settled in a specific order, details available via a provided link.
- Payment Acceptance: Cheques payable outside clearing zones are not accepted; only local cheques or drafts payable in Delhi are accepted.
- Taxes: All applicable taxes will be charged on fees, interest, and other charges.
- Co-brand Product: The value proposition of this co-brand product may be jointly funded by SBI Card and the co-brand partner, with potential fee and revenue sharing between the parties.
- Helpline: For assistance, call SBI Card helpline at 39 02 02 02 (prefix local STD code) or 1860 180 1290.
- Corporate Address: SBI Cards and Payment Services Limited, Unit 401 & 402, 04th Floor, Aggarwal Millennium Tower, E-1,2,3 Netaji Subhash Place, Wazirpur, New Delhi 110034. CIN: L65999DL1998PLC093849.