About Max SBI Credit Card
The Max SBI Credit Card is a co-branded shopping card designed for people who like shopping for apparel at Max stores. It is the base version among three cards in this series, with Max SBI Card Prime and Max SBI Card Select being the other two. Although it is a Max co-branded card, it also offers rewards at other Landmark stores like Lifestyle, Home Centre, Max, and Spar.
Users can also earn rewards on dining and movies, making it a great option for those who want benefits across various lifestyle categories like shopping, dining, and entertainment. However, to get the most out of this card, users may need to adjust their brand preferences. Also, this card does not include complimentary lounge access, so if that is important to you, this card may not be the best choice. Keep reading to learn more about its features.
The Max SBI Credit Card lets you earn both SBI reward points and Landmark reward points. It has a joining fee of Rs. 499.
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Max SBI Credit Card Rewards Program
Reward Structure:
Earn 5 reward points per Rs. 100 spent online and at Landmark stores like Lifestyle, Home Centre, Max, and Spar. Earn 5 reward points per Rs. 100 spent on dining and movies. Earn 1 reward point per Rs. 100 spent on other non-fuel purchases. Redeem rewards instantly at Landmark stores. 4 reward points = Rs. 1.
Other Features and Benefits
Welcome Benefits: Get 2,000 bonus reward points worth Rs. 500 when you pay the joining fee within 30 days..
Milestone Benefits: Earn up to 16,000 bonus reward points (worth Rs. 4,000) on your annual spends:
1,000 points on Rs. 20,000 spent across Landmark stores 2,000 points on Rs. 45,000 spent 5,000 points on Rs. 95,000 spent 8,000 points on Rs. 2,00,000 spentFuel Surcharge Waiver: Get 1% waiver on fuel surcharge for transactions between Rs. 500 and Rs. 3,000, up to Rs. 100 per billing cycle.
Renewal Benefit: Earn 2,000 bonus reward points worth Rs. 500 on renewal fee payment within 30 days.
Rewards Redemption Benefits: You can convert your SBI reward points into Landmark reward points for easy and flexible redemption at Landmark stores.
Fees and Charges
Type of Charge Amount Annual fee Rs.499 Renewal fee Rs.499 Add-on credit card Nil Finance charge Up to 3.50% per month Cash advance fee at SBI and domestic ATMs 2.5% of the transaction amount (minimum of Rs.300) Statement retrieval Rs.100 for every statement which is more than 2 months old Payment dishonor fee 2% of the amount (minimum of Rs.450) Cheque fee Rs.100 for payments made using cheques up to Rs.10,000 Late payment Rs.0-Rs.200: Nil Rs.200-Rs.500: Rs.100 Rs.500-Rs.1,000: Rs.400 Rs.1,000-Rs.10,000: Rs.600 Rs.10,000-Rs.25,000: Rs.800 Rs.25,000 and above: Rs.950 Overlimit 2.5% of overlimit amount (subject to a minimum amount of Rs.500)
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Things to Know Before you apply
Get this card if:
You frequently shop at Landmark stores like Lifestyle, Home Centre, Max, and Spar. You enjoy earning rewards on dining and movie expenses. You want to maximize benefits across multiple lifestyle categories with a single card. You prefer instant reward redemption at Landmark stores.
Eligibility Criteria
Age : 21 to 70 yearsOccupation : Salaried or Self-employedCredit Score : Should have a good credit history
Document Required For Max SBI Credit Card
Proof of Identity: PAN Card, Aadhaar Card, Driver’s License, Passport, Voter IDProof of Address: Aadhaar Card, Driver’s License, PassportProof of Income: Latest 3 salary slips, Last 3 months’ bank statement
Max SBI Credit Card Hilights
What do we like about this card?
Earn 2,000 bonus reward points when you pay the annual fee. Enjoy milestone rewards up to 16,000 points worth Rs. 4,000 on your annual spends. Get a 1% fuel surcharge waiver at petrol stations across India. Earn 5 reward points per Rs. 100 spent at Landmark stores, dining, and movies. Redeem your rewards instantly at Landmark stores for easy savings.
Pros
Attractive bonus and milestone reward points for regular spending Good reward rates on shopping, dining, and movies at popular Landmark stores Fuel surcharge waiver of 1% on petrol purchases Easy redemption of rewards at Landmark stores Low renewal fees with reward points on renewal
Cons
No complimentary lounge access Reward points primarily beneficial if you shop at Landmark stores Limited benefits outside Landmark group and lifestyle categories Annual fee applicable
SBI Bank Credit Card Contact Details
SBI Bank Credit Card offers multiple ways to get assistance for your credit card queries and services.
Contact Address : SBI Cards and Payment Services Limited, Wazirpur, New DelhiHelpline : Dial 39 02 02 02 or 1860 180 1290 (prefix local STD code)Simply SMS: Send an SMS to 5676791 from your registered mobile number.
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