Landmark Rewards SBI Card – Benefits, Fees & Eligibility
Is the Landmark Rewards SBI Card Right for You?
The Landmark Rewards SBI Card is best suited for users who prioritize Shopping, Dining, Movies. With a joining fee of ₹499 + GST and a renewal fee of ₹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 Landmark Stores, 5 RP on Dining, Movies & International, 1 RP on other retail spends..
Key Card Details
₹499 + GST
₹499 + GST
Reward Points
Earn 10 RP on Landmark Stores, 5 RP on Dining, Movies & International, 1 RP on other retail spends.
Notable Perks
Welcome Offer
Get 2,000 bonus reward points worth Rs. 500 on payment of annual fees.
Movie Benefits
5 Reward points per Rs. 100 spent on Dining, Movies & International spends.
Fuel Surcharge Waiver
1% waiver on transactions Rs. 500-3,000, max Rs. 100/cycle at all petrol pumps.
Things to Consider
Reward points are not accrued on specific categories like fuel, rent, government, gaming, wallet, and EMI transactions.
The card's primary benefits are heavily concentrated on Landmark Stores, limiting broader appeal for diverse spending.
Lacks premium travel benefits such as complimentary airport lounge access, both domestic and international.
Benefits & Features
Welcome Offer
Get 2,000 bonus reward points worth Rs. 500 on payment of annual fees.
Rewards Rate
Earn 10 RP on Landmark Stores, 5 RP on Dining, Movies & International, 1 RP on other retail spends.
Reward Type
Reward Points
Reward Redemption
Redeem Reward points instantly at Lifestyle, Home Centre, Spar, Max, Baby Shop, and EasyBuy stores.
Movie Benefits
5 Reward points per Rs. 100 spent on Dining, Movies & International spends.
Dining Benefits
5 Reward points per Rs. 100 spent on Dining, Movies & International spends.
Fees & Charges
Joining Fee
₹499 + GST
Renewal Fee
₹499 + GST
Fuel Surcharge Waiver
1% waiver on transactions Rs. 500-3,000, max Rs. 100/cycle at all petrol pumps.
Pros & Cons
Pros
Key benefits and features of this card.
Earn accelerated reward points on all purchases made at various Landmark Stores.
Achieve substantial milestone bonuses, earning 8,000 reward points on Rs. 200,000 annual retail spends.
Receive a welcome bonus of 2,000 reward points, equivalent to Rs. 500, upon annual fee payment.
Benefit from a 1% fuel surcharge waiver on transactions between Rs. 500 and Rs. 3,000 at petrol pumps.
Enjoy worldwide acceptance at millions of outlets and convenient cash access from Visa ATMs globally.
Cons
Key drawbacks and limitations of this card.
Reward points are not accrued on specific categories like fuel, rent, government, gaming, wallet, and EMI transactions.
The card's primary benefits are heavily concentrated on Landmark Stores, limiting broader appeal for diverse spending.
Lacks premium travel benefits such as complimentary airport lounge access, both domestic and international.
Product Details
High reward points on spends at Landmark Stores.
Significant milestone bonus on annual retail spends.
Contactless payment facility for fast and convenient transactions.
Global acceptance at over 24 million outlets and 1 million Visa ATMs.
Flexipay EMI option to convert eligible purchases of Rs. 2,500+.
Provision for add-on cards for family members above 18 years.
Easy Bill Pay facility for various utility bills.
Balance Transfer on EMI from other banks' credit cards.
Benefits & Features
Welcome Offer
Get 2,000 bonus reward points worth Rs. 500 on payment of annual fees.
Rewards Rate
Earn 10 RP on Landmark Stores, 5 RP on Dining, Movies & International, 1 RP on other retail spends.
Reward Type
Reward Points
Reward Redemption
Redeem Reward points instantly at Lifestyle, Home Centre, Spar, Max, Baby Shop, and EasyBuy stores.
Movie Benefits
5 Reward points per Rs. 100 spent on Dining, Movies & International spends.
Dining Benefits
5 Reward points per Rs. 100 spent on Dining, Movies & International spends.
What matters, explained clearly
Introduction
The Landmark Rewards SBI Card, issued by SBI Card, is a shopping-focused credit card designed to enhance the shopping experience with superior convenience and rewarding benefits. It stands out for offering accelerated reward points on spends at Landmark Stores, a significant milestone bonus on annual retail spends, and a welcome bonus upon annual fee payment.
Welcome Benefits
- Get 2,000 bonus reward points worth Rs. 500 on payment of annual fees.
Fees
- Joining Fee: Rs. 499 + taxes
- Renewal Fee (per annum): Rs. 499 + taxes from the second year onwards
- Add-on Fee (per annum): Nil
- Fuel Surcharge Waiver: 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.
- All applicable taxes will be charged on fees, interest, and other charges.
Rewards
- Earning Rates:
- 10 Reward Points on every Rs. 100 spent at Online & Retail Landmark Stores (Lifestyle, Home Centre, Max, Spar, Baby Shop, and EasyBuy).
- 5 Reward points per Rs. 100 spent on Dining, Movies & International spends.
- 1 Reward Point per Rs. 100 spent on other retail purchases (excluding Fuel, Rental, Govt Spends, Gaming, Wallet, EMI).
- Milestone Benefits:
- Earn 8,000 Reward Points on annual retail spends of Rs. 200,000.
- Reward Point Value: 4 Reward Points = Rs. 1.
Rewards Redemption Guide
- Redeem Reward points instantly at Lifestyle, Home Centre, Spar, Max, Baby Shop, and EasyBuy stores.
Important Product Details
- Positive Highlights:
- High reward points on spends at Landmark Stores.
- Significant milestone bonus on annual retail spends.
- Welcome bonus reward points.
- 1% fuel surcharge waiver.
- Global acceptance and cash access.
- Contactless payment facility.
- Options for Flexipay EMI, Add-on Cards, Easy Bill Pay, and Balance Transfer on EMI.
- Negative Highlights:
- Reward points are not earned on Fuel, Rental, Government Spends, Gaming, Wallet, and EMI transactions.
Other Details
- Contactless Advantage:
- Tap & Pay with ease for effortless everyday payments.
- Offers fast and convenient transactions, eliminating the need for cash or handing over the card.
- Ensures secure transactions as the card remains in hand, with Visa PayWave's unique security key processing only one transaction even if tapped multiple times.
- Global Acceptance:
- Accepted at over 24 million outlets globally, including 3,25,000 outlets in India.
- Payments can be made at any outlet that accepts Visa.
- Cash Access Across the World:
- Withdraw cash from over 1 million Visa ATMs across the globe.
- Flexipay EMI:
- Convert eligible purchases of Rs. 2,500 or more into easy monthly EMIs.
- Add-on Cards:
- Provide add-on cards for family members including parents, spouse, children, or siblings above the age of 18.
- Easy Bill Pay Facility:
- Pay electricity, telephone, mobile, and other utility bills conveniently.
- Balance Transfer on EMI:
- Transfer outstanding balances from other banks’ credit cards to the Landmark Rewards SBI Card at a lower interest rate and repay in easy EMIs.
- Application Process:
- Apply for the card through the SBI Card website, Chatbot ILA, SBI Card Helpline (39 02 02 02, prefix city STD code), or by visiting the nearest SBI branch.
- Payment Acceptance:
- Cheques payable outside clearing zones are not accepted; only local cheques or drafts payable in Delhi are accepted.
- General Terms:
- The value proposition of the co-brand product may be jointly funded by SBI Card and the co-brand partner.
- Continued use of the card will be deemed 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).
- All information is subject to change at the discretion of SBICPSL.
- Any disputes arising between the Cardholder and SBICPSL shall be subject to arbitration in New Delhi, conducted in English.
- SBICPSL may engage agents or third parties for marketing, sales, or other related services.