SBI Card
FABIndia SBI Card SELECT
Annual Fee
₹1,769₹1,499 + GSTBase Reward
2% points
Foreign Markup
3.5% of the transaction amount
Welcome Benefits
Fabindia Vouchers worth ₹1,500; direct access to platinum tier Fabfamily membership.
Product Highlights
- Fabindia gift voucher worth ₹1,500
- Platinum tier Fabfamily membership
- 10 Reward Points per ₹100 spent on Fabindia stores
Category Rewards
dining
10X on dining, movies, departmental stores, grocery
10X
entertainment
10X on dining, movies, departmental stores, grocery
10X
Specialty
10X on dining, movies, departmental stores, grocery
10X
grocery
10X on dining, movies, departmental stores, grocery
10X
Fee Waiver
Annual fee waived off on spends of ₹2 lakh in the previous year
Merchant-Specific Rewards
1 pt ≈ ₹0.25–₹0.50
FABINDIA
7.5% Value back at FABINDIA stores
Reward Calculator
Earns ₹2,431/year (net)
Modest gain. Solid hold if you like the perks.
₹16K
across all your buckets
16.8K
SBI Reward Points
₹4.2K
via standard · ₹0.25/pt
Effective rate
2.19%
Annual fee
₹1,769
Year 1 net
+₹2,431
Year 2+ net
+₹2,431
ongoing
Adjust your spend by reward bucket
3 bucketsMilestone Rewards
Bonus rewards unlocked at spend thresholds. Use the slider to see what your spend pattern unlocks.
per year · You spend ≈ ₹6L
₹6,000 FABINDIA voucher
Surcharges & Exclusions
Watch-outs that quietly erode your effective rewards. Categories listed as “excluded” earn 0% even if the merchant looks normal.
Foreign exchange markup
3.5%Charged on every international (non-INR) transaction
Excluded from rewards
fuel, balance transfer, cash advance, emi, utility, insurance, jewelry, education, railways, wallet
Fuel surcharge waiver (good news)
1%on ₹500–₹4,000 fuel txns · capped at ₹250/cycle
Surcharges are typically charged 1 cycle after the transaction and may include GST. Always confirm with the bank's most recent T&C.
Rewards Details
Earn 10 Reward Points per ₹100 spent on Fabindia stores, 3 Reward Points per ₹100 spent on dining, movies and entertainment, 2 Reward Points per ₹100 spent on all international spends, and 2 Reward Points per ₹200 on all other spends.
- 1 Reward Point = 1 Fabfamily Reward = Re. 1.
Benefits & Features
Domestic: 4 complimentary visits per year (1 per quarter) International: Complimentary Priority Pass membership for two years (Lounge visits are chargeable under the Priority Pass membership) Full lounge access description not provided
Pros & Cons
Pros
- High reward rate of 10 Reward Points on Fabindia purchases
- Complimentary Priority Pass membership
- 4 complimentary domestic lounge access annually
Cons
- Annual fee of ₹1,499
- Redemption fee of ₹99 per request
- Lounge visits under Priority Pass are chargeable
Additional Info
Max waiver of ₹100 per payment cycle
Partner Merchants
Ready to apply?
Apply directly on the bank's official website. Quick approval, no hidden steps.
Apply NowOfficial bank website · Secure
Fees & Charges
Eligibility
Networks
Fee Waiver
Annual fee waived off on spends of ₹2 lakh in the previous year