FABindia SBI Card SELECT VS FABINDIA SBI Credit Card
Fees & Charges
Rewards & Benefits
Travel & Lifestyle
Security & Other
FABindia SBI Card SELECT
FABINDIA SBI Credit Card
Who is it for?
Who is it for?
Pros
Key benefits and features.
High reward rate of 10 RP/₹100 for purchases at Fabindia stores.
Includes 4 complimentary domestic airport lounge accesses per year.
Offers welcome benefits like a ₹1,500 Fabindia voucher and Platinum membership.
Annual fee waiver on achieving an annual spend of ₹2 lakh.
Pros
Key benefits and features.
High reward rate of 5 Reward Points per ₹100 spent at Fabindia stores for dedicated shoppers.
Welcome benefits include a ₹500 Fabindia gift voucher and Gold Tier Fabfamily membership.
Enjoy a ₹750 gift voucher on achieving quarterly milestone spends of ₹1 lakh from popular brands.
Annual fee waiver is easily achievable upon reaching annual spends of ₹1 lakh with the card.
Benefit from a 1% fuel surcharge waiver, capping at ₹100 per statement cycle.
Cons
Key drawbacks and limitations.
International lounge access is via Priority Pass, but visits are chargeable.
Reward points are primarily redeemable only at Fabindia stores.
Foreign currency markup of 3.5% is on the higher side.
Rewards redemption fee of ₹99 plus taxes applies to each request.
Cons
Key drawbacks and limitations.
Reward accrual for "other spends" is limited to specific multiples of ₹200, reducing flexibility.
A redemption fee of ₹99 is charged for converting reward points, impacting net value.
Fabfamily Rewards are exclusively redeemable at Fabindia stores, limiting broader utility.
A 3.5% foreign currency markup applies to international transactions, increasing costs abroad.
High interest rates of 3.5% per month apply to outstanding balances, if not paid in full.