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

Introduction

The Landmark Rewards SBI Card SELECT, issued by SBI Card, is a co-branded credit card designed to enhance the shopping experience, particularly at Landmark Stores. Positioned as a mid-range card, it offers significant reward points on spending at partner stores, along with welcome benefits and milestone bonuses, making it ideal for frequent shoppers at Lifestyle, Home Centre, Max, Spar, Baby Shop, and EasyBuy.

Welcome Benefits

• Get 6,000 Bonus Reward Points worth Rs. 1,500 on payment of Annual Fees.

Fees

• Joining Fee: Rs. 1,499 + taxes
• Renewal Fee (per annum): Rs. 1,499 + taxes from the second year onwards
• Add-on Fee (per annum): Nil
• Fuel Surcharge: Enjoy a 1% fuel surcharge waiver on transactions between Rs. 500 and Rs. 3,000 at all petrol pumps across India. The maximum waiver is Rs. 100 per statement cycle.
• Interest Rates: Not explicitly mentioned in the provided content.
• Cash Advance Charges: Not explicitly mentioned in the provided content.
• Rewards Redemption Fee: Not explicitly mentioned in the provided content.

Rewards

• Milestone Benefits: Earn 12,000 Bonus Reward Points on overall annual retail spends of Rs. 3,00,000.
• Earning Structure:
  • 15 Reward Points on every Rs. 100 spent at Online & retail Landmark Stores (Lifestyle, Home Centre, Max, Spar, Baby shop, and EasyBuy).
  • 10 Reward Points per Rs. 100 spent on Dining, Movies & International spends.
  • 2 Reward Points per Rs. 100 on other retail purchases (excluding Fuel, Rental, Govt Spends, Gaming, Wallet, EMI).
• Reward Point Value: 4 Reward Points = Re. 1.

Rewards Redemption Guide

• Redeem Reward Points instantly at Lifestyle, Home Centre, Spar, Max, Baby Shop, and EasyBuy stores.

Important Product Details

• Positive Highlights:
  • Generous welcome bonus of 6,000 Reward Points (worth Rs. 1,500).
  • High reward rate (15X) on spending at Landmark Stores.
  • Milestone bonus of 12,000 Reward Points on annual spends of Rs. 3,00,000.
  • Fuel surcharge waiver available.
  • Global acceptance at over 24 million outlets and cash access at over 1 million Visa ATMs.
  • Contactless payment feature for quick and secure transactions.
  • Flexipay EMI and Balance Transfer on EMI options available.
  • Nil add-on card fee.
• Negative Highlights:
  • Renewal fee is applicable from the second year onwards without an explicit spend-based waiver condition mentioned.
  • Reward earning is excluded for Fuel, Rental, Govt Spends, Gaming, Wallet, and EMI transactions.
  • No specific mention of travel, lounge, or golf benefits.

Other Details

• Global Acceptance: The card is accepted at over 24 million outlets globally, including 3,25,000 outlets in India, wherever Visa is accepted.
• Cash Access: Cardholders can withdraw cash from over 1 million Visa ATMs across the globe.
• Contactless Advantage: Features Tap & Pay for effortless, fast, and convenient transactions, ensuring security as the card remains in hand. Visa PayWave's security key processes only one transaction even if tapped multiple times.
• Flexipay EMI: Eligible purchases of Rs. 2,500 or more can be converted into easy monthly EMIs.
• Add-on Cards: Add-on cards can be issued for parents, spouse, children, or siblings above the age of 18.
• Easy Bill Pay Facility: Allows payment of electricity, telephone, mobile, and other utility bills.
• Balance Transfer on EMI: Transfer outstanding balances from other banks’ credit cards to the Landmark Rewards SBI Card SELECT at a lower interest rate and repay in easy EMIs.
• Application Methods: Apply via the SBI Card website, Chatbot ILA, SBI Card Helpline (39 02 02 02, prefix city STD code), or visit the nearest SBI branch.
• General Terms & Conditions: Cheques payable outside clearing zones are not accepted; only local cheques or drafts payable in Delhi are accepted. All applicable taxes would be charged on fees, interest, and other charges. The value proposition may be jointly funded by SBI Card and the co-brand partner. Continued use of the card implies acceptance of amendments in all Terms and Conditions. For assistance, contact the SBI Card Helpline at 1860 180 1290 or 39 02 02 02 (prefix local STD code). Information is subject to change at the discretion of SBICPSL. Disputes arising from offers are subject to arbitration in New Delhi, conducted in English. SBICPSL may engage third parties for marketing or sales-related services.