Max SBI Card – Benefits, Fees & Eligibility

Max SBI Card

Introduction

The Max SBI Card is tailored for individuals who frequently shop at Landmark Stores and enjoy dining and movies. This card offers accelerated reward points on these categories, along with substantial milestone benefits that can significantly enhance savings. Cardholders also benefit from a fuel surcharge waiver and receive bonus reward points upon joining and renewal, making it a rewarding choice for everyday retail and lifestyle expenditures.

Welcome Benefits

• Get 2,000 bonus reward points, equivalent to INR 500, 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. 499 + GST
• Renewal Fee (per annum): Rs. 499 + GST
• Add-on Fee (per annum): Nil
• Fuel Surcharge Waiver:
  • Enjoy a 1% fuel surcharge waiver across all petrol pumps in India.
  • Applicable on transactions between Rs. 500 and Rs. 3,000, exclusive of GST and other charges.
  • A maximum surcharge waiver of Rs. 100 can be availed per statement cycle per credit card account.
• Taxes: All applicable taxes (e.g., GST) would be charged on all fees, interest, and other charges.
• For information regarding other applicable fees and charges, refer to the Most Important Terms & Conditions.

Rewards

• Earning Reward Points
  • Earn 5 Reward Points on every Rs. 100 spent at Online & Retail Landmark Stores (Lifestyle, Home Centre, Max, and Spar).
  • Earn 5 Reward Points on every Rs. 100 spent on Dining & Movies.
  • Earn 1 Reward Point per Rs. 100 spent on other retail purchases (Non-fuel).
• Reward Point Value
  • 4 Reward Points = 1 Rs.
• Milestone Benefits
  • Cumulative milestone benefit up to 16,000 Reward Points, worth Rs. 4,000.
  • Earn 8,000 bonus Reward Points on overall annual retail spends of Rs. 200,000.
  • Earn 1,000 bonus Reward Points on annual spends of Rs. 20,000 across all Landmark Stores.
  • Earn 2,000 bonus Reward Points on annual spends of Rs. 45,000 across all Landmark Stores.
  • Earn 5,000 bonus Reward Points on annual spends of Rs. 95,000 across all Landmark Stores.
• Renewal Benefit
  • Get 2,000 Reward points worth Rs. 500 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 receive dual benefits.

Important Product Details

• Contactless Advantage
  • Facilitates easy daily purchases by simply waving your card at a secure reader.
  • Offers fast and convenient transactions, eliminating the need to hand over your card or search for cash/coins for small everyday purchases.
  • Ensures security as the card never leaves your hand during a contactless transaction, reducing the risk of card loss and skimming fraud.
  • The unique security key feature of Visa payWave ensures that only one transaction goes through, even if the card is waved multiple times.
• Worldwide Acceptance
  • The Max SBI Card is accepted at over 24 million outlets across the globe, including 3,25,000 outlets in India.
  • You can use your card to make payments at any outlet that accepts Visa.
• Add-on Cards
  • Empower your family members with add-on cards for your parents, spouse, children, or siblings who are above 18 years of age.
  • Add-on cards come with a Nil annual fee.
• Cash on the Go
  • Withdraw cash conveniently from over 1 million Visa ATMs across the globe.
• Utility Bill Payment Facility
  • Pay your electricity, telephone, mobile, and other utility bills using the Easy Bill Pay facility available with your Max SBI Card.
• Flexipay
  • Convert any purchase worth Rs. 2,500 or more into easy monthly installments (EMI).
  • To avail this, log on to sbicard.com within 30 days of making the purchase.
• Balance Transfer on EMI
  • Save money by transferring the outstanding balance from your other bank's credit card to your Max SBI Card.
  • Avail a lower rate of interest and pay back in easy EMIs.
  • This service can be availed by logging on to sbicard.com with your user ID and password.

Other Details

• Detailed Terms and Conditions and Usage Directions are available via a provided link.
• The order of payment settlement for a cardholder account is available via a provided link.
• Cheques payable outside clearing zones are not accepted; only local cheques or drafts payable in Delhi are accepted for payment.
• All taxes would be charged as applicable on all Fees, Interest & Charges.
• The value proposition of this co-brand product may be jointly funded by SBI Card and the co-brand partner, potentially involving fee and revenue sharing between the two parties.
• For assistance, you can call the SBI Card helpline at 39 02 02 02 (prefix local STD code) or 1860 180 1290.
• All information provided is subject to change at the discretion of SBICPSL.
• The Most Important Terms and Conditions for SBI Card are also available on www.sbicard.com.