Spar SBI Card SELECT
State bank of india State bank of india

Spar SBI Card SELECT

Joining Fee: 1499* Plus Applicable Taxes

Renewal Fee: 1499*Plus Applicable Taxes

Joining Fee: 1499* + Tax

Renewal Fee: 1499* + Tax

Welcome benefits:- Rs. 1,500 worth of bonus reward points as a welcome benefit

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About Spar SBI Card SELECT

SBI Card, in partnership with Spar, has introduced the Spar SBI Card Select, offering accelerated reward points, milestone benefits, and more on purchases at Spar. It’s ideal for those who regularly shop at Spar and other Landmark Group stores like Lifestyle, Home Centre, and Max. The Spar SBI Card Select is a Visa credit card, allowing secure contactless payments worldwide. It also offers features like EMI conversion and balance transfer for easier management of big purchases. Additionally, it includes a fuel surcharge waiver to help you save on fuel expenses.

The Spar SBI Card Select is a co-branded credit card that rewards you for spending at Landmark stores like Lifestyle, Home Centre, Spar, and Max. It offers flexible welcome and milestone benefits, allowing you to choose your rewards—making it an excellent choice for frequent shoppers.

Spar SBI Card SELECT Rewards Program

Reward Program

  • Earn 10 reward points per ₹100 spent on movies, dining, or at Landmark stores (Max, SPAR, Home Centre, Lifestyle).
  • Earn 2 reward points per ₹100 on other retail purchases.
  • Earn 1 reward point per ₹100 spent on select categories.
  • 4 reward points = ₹1 when redeemed.

Reward Redemption

  • SBI Reward Points can be converted into Landmark Points at 1 LMR = ₹0.60.

Other Features and Benefits

Welcome Benefits

  • 6,000 bonus reward points worth ₹1,500 on payment of the annual fee.
  • ₹100 cashback on your first ATM withdrawal within 30 days of card issuance.

Milestone Benefits

  • Earn up to 34,400 reward points worth ₹8,600:
    • ₹25,000 spend – 2,400 points
    • ₹75,000 spend – 8,000 points
    • ₹1.50 lakh spend – 12,000 points
    • ₹3.00 lakh spend – 12,000 points

Fuel Surcharge Waiver

  • 1% waiver (max ₹100 per statement cycle) on fuel transactions between ₹500 and ₹3,000.

Renewal Benefit

  • 6,000 reward points worth ₹1,500 on payment of the renewal fee.

Additional Features

  • Cash on the Go: Withdraw cash from over 1 million ATMs worldwide.
  • Flexipay: Convert purchases above ₹2,500 into EMIs at attractive interest rates.
  • Balance Transfer: Transfer outstanding balances from other credit cards to the Spar SBI Card Select at a lower interest rate.
  • Easy Money: Get a draft or cheque issued against your available cash limit.

Fees and Charges

Fee/ChargeAmount/Rate
Joining FeeRs. 1,499
Renewal FeeRs. 1,499
Finance Charges3.50% per month (42% per annum)
Late Payment Fee

For Statement Balance

  • Less than Rs. 500 – Nil
  • Rs. 500 up to Rs. 1,000 – Rs. 400
  • Rs. 1,000 up to Rs. 10,000 – Rs. 750
  • Rs. 10,000 up to Rs. 25,000 – Rs. 950
  • Rs. 25,000 up to Rs. 50,000 – Rs. 1,100
  • Amount over Rs. 50,000 – Rs. 1,300

Things to Know Before you apply

Get this card if:

  • You frequently shop at Landmark stores like Spar, Lifestyle, Home Centre, and Max.
  • You want to earn accelerated reward points on your everyday spends at these stores.
  • You’re looking for milestone rewards and cashback benefits.
  • You want fuel surcharge waivers to save on petrol expenses.
  • You need features like EMI conversion, balance transfer, and easy cash access.
  • You want add-on cards for family members without extra fees.

Eligibility Criteria

  • Age: 21 to 70 years
  • Occupation: Salaried or Self-employed
  • Credit Score: Should have a good credit history

Document Required For Spar SBI Card SELECT

  • Proof of Identity: PAN Card, Aadhaar Card, Driver’s License, Passport, Voter ID
  • Proof of Address: Aadhaar Card, Driver’s License, Passport
  • Proof of Income: Latest 3 salary slips, Last 3 months’ bank statement

Spar SBI Card SELECT Hilights

What do we like about this card?

  • Annual fee of ₹1,499.
  • Earn ₹100 cashback on your first ATM withdrawal.
  • Get ₹1,500 worth of bonus reward points as a welcome benefit.
  • Earn up to 10 reward points per ₹100 spent at Landmark stores.
  • Unlock up to 34,400 reward points through milestone benefits.

Pros

  • High reward rate (10 points per ₹100) on spends at Landmark stores like Spar, Lifestyle, Home Centre, and Max.
  • Flexible milestone benefits worth up to ₹8,600 annually.
  • Welcome and renewal benefits worth ₹1,500 each.
  • Fuel surcharge waiver at all fuel stations in India.
  • Option to get up to three free add-on cards for family members.
  • Additional features like Flexipay, Balance Transfer, and Easy Money for better expense management.

Cons

  • No complimentary airport lounge access.
  • Reward points cannot be redeemed for cash or statement credit.
  • Annual fee of ₹1,499 from the first year.
  • Limited accelerated rewards outside Landmark Group stores.
  • Foreign currency mark-up fee applies for international transactions.

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 Delhi
  • Helpline: 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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