FABIndia SBI Card SELECT
SBI Card
Annual Fee
₹1,499
Joining Fee
₹1,499 + GST
Base Reward
2% points
Foreign Markup
3.5% of the transaction amount
Fee Waiver
Annual fee waived off on spends of ₹2 lakh in the previous year
Interest Rate
3.5% per month
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
Rewards
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.
Redemption
1 Reward Point = 1 Fabfamily Reward = Re. 1.
Merchant-Specific Rewards
| Merchant | Reward | Context |
|---|---|---|
| Fabindia | 10 Reward Points | offline |
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
Fees & Charges
Eligibility
Available Networks
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