SBI Card
FABINDIA SBI Credit Card
Annual Fee
₹589₹499 + GSTBase Reward
5% points
Foreign Markup
3.5% on all foreign currency spends.
Welcome Benefits
Fabindia gift vouchers worth ₹500 & Fabfamily Gold Tier membership.
Product Highlights
- Get up to 5 Reward Points on every ₹100 spent on Fabindia stores.
- Gift vouchers worth ₹500 as a welcome gift.
- Access to Fabfamily Gold Tier membership.
- Gift vouchers worth ₹750 on achieving the milestone spend.
- Spend-based renewal fee waiver.
- 1% fuel surcharge waiver.
Fee Waiver
Get your renewal fee waived off on a minimum spend of ₹1 lakh in the previous year.
Merchant-Specific Rewards
1 pt ≈ ₹0.25–₹0.50
FABINDIA
5% Value back at FABINDIA stores
Reward Calculator
Earns ₹1,511/year (net)
Modest gain. Solid hold if you like the perks.
₹13K
across all your buckets
8.4K
SBI Reward Points
₹2.1K
via standard · ₹0.25/pt
Effective rate
1.35%
Annual fee
₹589
Year 1 net
+₹1,511
Year 2+ net
+₹1,511
ongoing
Adjust your spend by reward bucket
2 bucketsSurcharges & 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–₹3,000 fuel txns · capped at ₹100/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
You get 5 Reward Points on every ₹100 you spend on Fabindia stores. You get 2 Reward Points on every ₹100 you spend on movies, dining, and entertainment. You get 1 Reward Point on every international spend of ₹100. You get 1 Reward Point on every ₹200 you spend on all other categories.
- 1 Reward Point = 1 Fabfamily Reward = ₹1.
Benefits & Features
1% fuel surcharge waiver for all fuel transactions up to ₹3,000.
Pros & Cons
Pros
- 5 Reward Points on Fabindia stores
- Gift vouchers on milestone spend
Cons
- Limited to Fabindia stores for maximum rewards
- Redemption fee of ₹99
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
Get your renewal fee waived off on a minimum spend of ₹1 lakh in the previous year.