SBI Card and Fabindia have collaborated to introduce contactless co-branded credit cards targeting premium customers. The two cards, Fabindia SBI Card and Fabindia SBI Card Select, provide excellent reward points on retail spending and value back across different categories to meet the specific requirements of premium customers. The annual fee for Fabindia SBI Card is Rs. 499, and for the Select variant, it is Rs. 1,499. Below are the detailed features and benefits of both cards to help you choose the one that suits your financial needs.
Key Highlights of Fabindia SBI Cards |
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Basis of Difference | Fabindia SBI Card | Fabindia SBI Card Select |
Joining Fee | Rs. 499 | Rs. 1,499 |
Annual Fee | Rs. 499 | Rs. 1,499 |
Reward Rate | 0.5% | 1% |
Welcome Benefit |
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*Terms and conditions apply.
Table of Contents | ||
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Features and Benefits | ||
Fees and Charges | ||
Eligibility and Documentation | ||
FAQs |
Suggested Read : 10 Best SBI Credit Cards in India
Welcome Benefits – The Fabindia SBI Card and Fabindia SBI Card Select provide good welcome benefits, including coverage for their annual fees within the welcome package.
Milestone Benefits - Both credit cards provide gift vouchers based on achieving specific spending milestones. Here's the breakdown:
You can choose your gift voucher from either Aditya Birla Fashion / Yatra / Urban Ladder / Hush Puppies or Bata.
Categorie | Fabindia SBI Card | Faindia SBI Card Select |
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Fabindia Stores | 5 Reward Points per Rs. 100 spent | 10 Reward Points per Rs. 100 spent |
Dining, Movies and Entertainment | 2 Reward Points per Rs. 100 spent | 3 Reward Points per Rs. 100 spent |
International transactions | 1 Reward Point per Rs. 100 spent | 2 Reward Point per Rs. 100 spent |
All other spends | 1 Reward Point per Rs. 200 spent | 2 Reward Points per Rs. 200 spent |
You can convert your earned reward points into Fabfamily Rewards through the website, mobile app, or call centre.
Please note that 1 Reward Point = 1 Fabfamily Reward = Re 1.
These rewards are exclusively for shopping at Fabindia stores, and you can redeem them in increments of 100 (e.g., 100, 200, or 500 points).
Also read: Best Rewards Credit Cards in India
Travel benefits are exclusive to The Fabindia SBI Card Select variant and not available with the regular Fabindia SBI Card. Fabindia SBI Card Select provides additional travel perks, which may include:
Also read: Best Travel Credit Cards in India
Fees and charges that apply to Fabindia SBI Credit Card:
Fees/Charges | Amount/Rate | |
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Annual/Renewal Fee |
Fabindia SBI Card- Rs. 499 Faindia SBI Card Select- Rs. Rs. 1,499 |
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Extended Credit Charges | Up to 3.5% per month, accounting for 42% per annum | |
Late Payment Fee |
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The following are the eligibility criteria to apply for Fabindia SBI Credit Card:
Criteria | Details |
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Occupation | Salaried or Self Employed |
Documents Required | Click here for the list of acceptable documents |
Serviceable Cities | Click here for the list of eligible cities |
Please click the links below to find details and instructions related to SBI Credit Cards that can help you in easily managing your card: