FABindia SBI Card SELECT, Rewards and Benefits, Joining Fees & amp; Charges, Apply Online

FABindia SBI Card SELECT: In a strategic move to enhance its array of co-branded credit cards, SBI has collaborated with the renowned lifestyle retail brand, FABindia, to introduce a new offering in June of this year. This latest addition to SBI’s diverse portfolio joins esteemed predecessors such as the Max SBI Card Select and the LifeStyle Home Centre SBI Card Prime. The SBI-FABindia co-branded credit card promises a host of exclusive benefits tailored specifically for FABindia patrons.

Cardholders are granted direct access to the coveted Platinum tier of the FABfamily membership, enriching their shopping experience with unparalleled privileges and rewards. Moreover, transactions at FABindia stores are rewarded with accelerated Reward Points, amplifying the allure of shopping at this esteemed brand.

But the benefits don’t end there. The card also extends a complimentary Priority Pass membership, offering cardholders access to a global network of airport lounges. Additionally, users are entitled to four complimentary domestic lounge visits annually, further enhancing the travel experience.

This collaboration between SBI and FABindia represents a synergy of excellence in banking and retail, promising cardholders an elevated lifestyle experience like never before. Read on to delve deeper into the enticing offerings of this co-branded gem by SBI Cards.

Rewards and Benefits

• Rewards Rate:- Earn rewards effortlessly with every swipe. Get 10 Reward Points for every Rs. 100 spent at Fabindia stores, 3 Reward Points for every Rs. 100 spent on dining, movies, and entertainment, and 2 Reward Points for every Rs. 100 spent internationally. Even on your everyday purchases, earn 2 Reward Points for every Rs. 200 spent. The more you spend, the more you earn, bringing you closer to exciting rewards.
• Reward Redemption:-Redeem your Reward Points effortlessly with our Fabfamily Rewards program. Each Reward Point is equivalent to 1 Fabfamily Reward, which translates to Rs. 1 that you can use towards shopping at Fabindia stores. Treat yourself to exquisite handcrafted products while enjoying the satisfaction of smart spending.
• Travel:- Travel in style with our exclusive travel benefits. Enjoy 4 complimentary domestic airport lounge accesses every year, ensuring that you relax and rejuvenate before your flight. Additionally, revel in the convenience of a complimentary Priority Pass membership for two years, granting you access to premium lounges worldwide. Your comfort and convenience are our top priorities, wherever your travels may take you.
• Domestic Lounge Access:- 4 complimentary domestic airport lounge access (1 per quarter)
• International Lounge Access:- Complimentary Priority Pass membership for two years (lounge visits are chargeable)
• Zero Liability Protection:- Unwind with peace of mind, knowing that you’re protected against fraudulent transactions. With our Zero Liability Protection, you’re not held liable for any unauthorized transactions after reporting the loss of your card to the bank. Your financial security is our utmost concern, allowing you to enjoy every moment worry-free.

Fees & Charges

• Spend Based Waiver:- Your annual fee is waived off when you spend Rs. 2 lakh or more in the previous year. It’s our way of rewarding your loyalty and making sure you get the most out of your card membership.
• Rewards Redemption Fee:- Redeem your hard-earned Reward Points with ease, and for just a nominal fee of Rs. 99 (plus applicable taxes) per redemption request. Your rewards are within reach, without any hassle.
• Foreign Currency Markup:- Traveling abroad? Don’t worry about foreign currency markups. With a minimal markup of just 3.5% of the transaction amount, you can shop and dine with peace of mind, knowing you’re getting the best value for your money.
• Interest Rates:- Planning to carry a balance? Our competitive interest rates of just 3.5% per month (or 42% annually) ensure that you can manage your finances responsibly without breaking the bank.
• Fuel Surcharge:- Fuel up without the extra cost. Enjoy a 1% fuel surcharge waiver on transactions of up to Rs. 3,000, with a maximum waiver of Rs. 100 per month. It’s our way of helping you save on your everyday expenses.
• Cash Advance Charges:- Need cash in a pinch? Our cash advance charges are transparent and fair, at just 2.5% of the transaction amount, with a minimum charge of Rs. 500. Access cash when you need it, without any hidden fees.
• Add-on Card Fee:- Plus, enjoy the convenience of an add-on card at no extra cost. Share the benefits of your Fabindia Platinum Credit Card with your loved ones, and maximize your rewards together.

Product Details

• Elevate your shopping experience with a complimentary Fabindia gift voucher worth Rs. 1,500 upon card activation. As a Platinum tier member of the Fabfamily, unlock a world of privileges and perks tailored to your discerning taste.
• Indulge in luxury as you earn 10 Reward Points for every Rs. 100 spent at Fabindia stores, allowing you to redeem them seamlessly for your favorite handcrafted products. Dine, watch movies, or enjoy entertainment outings and earn 3 Reward Points for every Rs. 100 spent, ensuring every experience rewards you in more ways than one.
• Explore the world and earn 2 Reward Points for every Rs. 100 spent on international transactions, making your travels even more rewarding. Plus, earn 2 Reward Points for every Rs. 200 spent on all other purchases, bringing you closer to your desired rewards with every swipe.
• Revel in the luxury of complimentary domestic lounge access, with four access passes per year, ensuring you start your journeys in utmost comfort and style. Enjoy global travel perks with a complimentary Priority Pass membership valid for 24 months, granting you access to premium lounges worldwide.
• Drive with confidence knowing that you’ll enjoy a 1% fuel surcharge waiver on transactions up to Rs. 3,000, with a maximum waiver of Rs. 100 per month. Your savings continue to add up, making every drive a rewarding experience.
• As a special bonus, receive a Rs. 1,250 gift voucher from popular brands upon reaching spends of Rs. 2 lakh in a calendar quarter, adding even more value to your card membership.
• Convert your Reward Points into Fabfamily rewards effortlessly, with 1 Reward Point equating to 1 Fabfamily Reward, allowing you to indulge in the finest handcrafted treasures at Fabindia stores.

FABindia SBI Card SELECT Welcome Benefits

Introducing the FABindia SBI Card SELECT – Where Style Meets Rewards.

Step into a world of luxury and rewards with our exclusive co-branded credit card, offering an array of benefits tailored to elevate your shopping experience.

Milestone Benefits:

Welcome to a world of rewards! As a welcome gift, enjoy Fabindia gift vouchers worth Rs. 1,500 and direct access to Fabindia Platinum Tier Membership. These welcome benefits will be credited to your account within 15 days of payment of the card’s joining fee, ensuring you start enjoying the perks from day one.

FABindia SBI Card SELECT Rewards:

Unlock rewards with every spend! Earn 10 Reward Points for every Rs. 100 spent at Fabindia stores, allowing you to indulge in exquisite handcrafted treasures while maximizing your rewards. Additionally, earn 3 Reward Points for every Rs. 100 spent on movies, dining, and entertainment, ensuring every experience is rewarding.

Milestone achieved, rewards unlocked! Reach the milestone of spending a minimum of Rs. 2 lakh in the preceding year and enjoy the waiver of the annual fee. Plus, on achieving the quarterly milestone of expenditure of Rs. 2 lakh, choose from a gift voucher worth Rs. 1,250 from popular brands including Aditya Birla Fashion, Yatra, Urban Ladder, or Hush Puppies/Bata, adding even more value to your card membership.

Reward Redemption:

Redeem your Reward Points effortlessly into FABfamily Rewards, with 1 Reward Point equaling 1 FABfamily Reward, redeemable for shopping exclusively at Fabindia stores. Ensure you have accrued a minimum of 100 Reward Points before redeeming, in multiples of 100, 200, or 500.

Travel Benefits:

Travel in style and comfort! Enjoy 4 complimentary domestic airport lounge accesses per year, with a maximum of 1 per quarter, ensuring you relax and rejuvenate before your flight. Plus, revel in the luxury of a complimentary Priority Pass membership worth USD 99, valid for 24 months, granting you access to premium lounges worldwide.

Fuel Surcharge Waiver:

Drive with savings! Benefit from a 1% fuel surcharge waiver on transactions of up to Rs. 3,000, with a maximum waiver capped at Rs. 100 per month, ensuring you save on your fuel expenses.

FABindia SBI Card SELECT Eligibility:

SBI has not explicitly stipulated any eligibility criteria for the card. However, they have a portal called Simplyfier to check which SBI credit card best suits your needs.

How to apply:

Applying is easy! Apply online, chat with our chatbot ELA, dial our helpline, or visit your nearest SBI branch to submit the required documents.

Customer Care:

Customer care at your service! Enjoy 24×7 customer care support, with toll-free helpline numbers for reporting lost cards, queries, or blocking your card via SMS.

Conclusion:

The FABindia SBI Card SELECT offers a high reward rate on Fabindia purchases and decent rewards on other purchases, coupled with valuable benefits including complimentary lounge access and Priority Pass membership. If you’re seeking a mid-level credit card with style and rewards, look no further. Share your thoughts in the comments and share your experience if you’re an existing cardholder.