Bank Name | SBI |
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Type of Credit Card | Shopping |
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Joining Fees | Rs. 1,499 (plus applicable taxes) |
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Renewal fees | Rs. 1,499 (plus applicable taxes) |
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Best Suited for | Shopping |
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Reward Type | Reward Points |
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Welcome Benifits | Fabindia Vouchers worth Rs. 1,500; direct access to platinum tier Fabfamily membership. |
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Movie & Dining Offers | NA |
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Travel Offers | NA |
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online shopping offers | 10 Reward Points per Rs. 100 spent on Fabindia stores. 3 Reward Points per Rs. 100 spent on dining, movies and entertainment. 2 Reward Points per Rs. 100 on all international spends. |
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Reward redemption | Reward Points can be converted into Fabfamily Rewards which can be used for shopping on Fabindia stores. 1 Reward Point = 1 Fabfamily Reward = Re. 1 |
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Reward Rate | 10 Reward Points per Rs. 100 spent on Fabindia stores, 3 RPs per Rs. 100 spent on dining, movies and entertainment, 2 RPs per Rs. 100 spent on all international spends, |
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Domestic Lounge Access | 4 complimentary domestic airport lounge access (1 per quarter) |
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International lounge access | Complimentary Priority Pass membership for two years (lounge visits are chargeable) |
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Insurance Benifits | NA |
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Zero liability protection | Cardholder shall not be liable for any fraudulent transaction made with card post reporting the loss of card to the bank |
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Spend based waiver | Annual fee waived off on spends of Rs. 2 lakh in the previous year |
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Reward redemption charges | Rs. 99 per redemption request (plus applicable taxes) |
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Foreign currency markup Charges | 3.5% of the transaction amount |
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Interest Charges | 3.5% p.m. (42% p.a.) |
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Fuel Surcharges | 1% fuel surcharge waived off for transactions of up to Rs. 3,000 (max waiver of Rs 100 per month) |
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Cash advance charges | 2.5 % of the withdrawal amount subject to a minimum charge of Rs 500 |
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Interest Free credit periods | 50 Days |
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Add on card fee | Nil |
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ELIGIBILITY CRITERIA | For salaried employees, the minimum eligible income is Rs, 1 lakh per month. For self-employed people, the minimum eligible income is Rs. 12 lakhs per annum. |
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Late Payment Fee | for self employed individuals should be between 21 years and 65 years of age, with a minimum annual income of Rs. 6 lakhs. |
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Partner Discounts | NA |
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Reward offer savings | 3 Reward Points per Rs. 100 spent on dining, movies and entertainment. |
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USP of Card | 1,000 Reward Points as a welcome bonus. |
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BestValue Score | 7.4 |
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