Spar SBI Card Select
Last Updated : July 3, 2025, 6:42 p.m.
Spar SBI Card Select is a premium shopping credit card designed for frequent shoppers at Landmark group stores like Lifestyle, Home Centre, Max, and Spar. With generous welcome benefits, milestone rewards, and exclusive perks on retail, dining, and movies, this credit card offers one of the highest reward value propositions in its segment.
Features and Benefits of Spar SBI Card Select
- Welcome Bonus: 6,000 reward points (worth ₹1,500)
- 10X Reward Points:
- At Landmark stores
- Dining and
- Movies
- Milestone Rewards: Up to 34,400 points (worth ₹8,600)
- Fuel Surcharge Waiver: 1% waiver on fuel spends
- Contactless Tap & Pay: Secure and fast transactions
- Worldwide Acceptance: 24 million+ outlets globally
- Annual Fee: ₹1,499 (with renewal benefits)
Welcome Benefits
Get rewarded from day one! On payment of the joining fee, you receive:
- 6,000 bonus reward points worth ₹1,500
- Credited to your account within 30 days of fee payment.
Reward Benefits
Make the most out of your everyday spending:
- 10 Reward Points per ₹100 spent at:
- Lifestyle
- Home Centre
- Max
- Spar
- Dining & Movies
- Lifestyle
- 2 reward points per ₹100 on all other retail purchases (Fuel is not included)
- Reward Redemption Rate: 4 Reward Points = ₹1
Milestone Benefits
Earn bonus points when you hit annual spending milestones
| Spend Category | Annual Spends | Bonus Points | Value (₹) |
|---|---|---|---|
Retail Spends (All Merchants) | ₹3,00,000 | 12,000 | ₹3,000 |
Landmark Store Spends | ₹25,000 | 2,400 | ₹600 |
Landmark Store Spends | ₹75,000 | 8,000 | ₹2,000 |
Landmark Store Spends | ₹1,50,000 | 12,000 | ₹3,000 |
Total Possible in a Year | 34,400 | ₹8,600 |
Fuel Surcharge Waiver
- Get 1% waiver on fuel surcharge across all petrol pumps in India
- Valid on fuel transactions between ₹500 – ₹3,000
- Maximum waiver of ₹100 per statement cycle
Renewal Benefits
- Get 6,000 reward points (Of value ₹1,500) on paying the renewal fee
- Points credited within 30 days of payment
Easy Reward Redemption
You do not have to wait to redeem your rewards with the SPAR SBI Card Select. You can redeem them immediately without any hassles.
- Redeem reward points instantly at:
- Lifestyle
- Home Centre
- Max
- Spar
Contactless Advantage
Enjoy secure and fast transactions:
- Just tap your card at the POS terminal to make the payment.
- No need to enter a PIN for purchases under ₹5,000
- More secure: Card never leaves your hand.
Flexipay & EMI Benefits
- Change purchases more than ₹2,500 into easy EMIs through Flexipay
- Access sbicard.com within 30 days of doing the transaction.
- Transfer outstanding balance from other cards to this one at a reduced interest.
Worldwide Acceptance
- Accepted at 24 million+ outlets worldwide
- Including 3.25 lakh+ outlets in India
- Use it anywhere Visa is accepted.
Add-on Cards
- Get free add-on cards for your:
- Parents
- Spouse
- Children or siblings (above 18 years)
- Parents
- They also earn reward points on every spend!
Utility Bill Payments
- Use your card to pay:
- Electricity bills
- Mobile & landline bills
- Internet and other utilities
Eligibility Criteria of Spar SBI Select Credit Card
To apply for Spar SBI Card Select, you must:
- Be an Indian resident
- Be aged between 21 and 65 years
- Have a stable source of income
- Maintain a good credit score
Documents Required
- Identity Proof (Aadhaar, PAN, Passport)
- Address Proof (Electricity bill, Aadhaar, Rent Agreement)
- Income Proof (Salary slips, ITR, bank statements)
Fees and Charges of Spar SBI Select Credit Card
Annual fee (One time) | Rs. 1499 plus GST |
Renewal fee (Per annum) | Rs. 1499 plus GST |
Add on card fee (Per annum) | Nil |
Cash advance fees | 2.5% of the transaction amount or Rs. 500, whichever is higher |
Cash payment fee | 250 plus applicable taxes |
Interest free credit period | 20 to 50 days |
Finance charges | Up to 3.75% per month (45% per annum) from the transaction date |
Overlimit fee | 2.5% of the overlimit amount that exceeds the credit limit or Rs. 600, whichever is greater. |
Payment dishonour | 2% of payment amount or Rs. 500, whichever is higher |
Utility payment fee | If the sum of utility payments in a billing cycle is more than Rs. 50,000, then a utility payment fee of 1% will be imposed |
Rewards redemption fee | Rs. 99 |
Card replacement fee | Rs. 100 to Rs. 250 |
Cheque payment fee | Rs. 100 |
Balance transfer |
|
Spar SBI Card Select vs Other Shopping Credit Cards
| Feature | Spar SBI Card Select | Flipkart Axis Bank Card | Amazon Pay ICICI Card | HDFC Millennia Card |
|---|---|---|---|---|
Annual Fee | ₹1,499 | ₹500 (1st Yr Waived) | ₹0 | ₹1,000 |
Welcome Bonus | 6,000 pts (₹1,500) | Flipkart voucher ₹250 | None | ₹1,000 worth vouchers |
Rewards on Partner Stores | 10 pts/₹100 (Landmark) | 5% cashback on Flipkart | 5% on Amazon (Prime) | 5% on Amazon/Flipkart |
Rewards on Other Spends | 2 pts/₹100 | 1% cashback | 1% cashback | 1% – 1.5% cashback |
Fuel Surcharge Waiver | 1% on ₹500 – ₹3,000 | 1% on ₹400 – ₹4,000 | Yes | Yes |
Milestone Rewards | Up to ₹8,600 annually | No | No | Yes |
Add-on Cards | Free | Paid | Paid | Paid |
Spar SBI Card Select Bill Payment Options
Make your Spar SBI Card Select bill payments easily using multiple methods:
- Online: Log in at sbicard.com or SBI Card app to pay via net banking, debit card, or UPI.
- NEFT: For SBI Credit Card bill payments through NEFT , Add your 16-digit card number as the account number. Use IFSC: SBIN00CARDS.
- UPI: For SBI Credit Card bill payments through UPI , use credit card bill payment under “Bill Pay” on apps like PhonePe, Google Pay, or Paytm.
- Auto Debit: Establish auto-pay for hassle-free, punctual payments.
- Offline:
- Visit any branch of SBI
or
- Put a cheque in SBI drop boxes.
Timely payments enable you to get a good credit score. After that, you have to make credit card bill payments promptly to prevent a decrease in your score. Also timely payments enable you to avoid credit card late payment charges .
When Should You Choose the SPAR SBI Select Credit Card?
This card is ideal for you if:
- You shop regularly at Landmark stores and desire accelerated rewards.
- You spend heavily on dining or movies (Since these are considered as Landmark categories).
- You drive often and want to benefit from fuel surcharge waiver.
- You need flexible payment and EMI options.
- You prefer versatility and can shop across multiple categories like shopping, entertainment, and fuel
- You are someone who is looking for milestone benefits.
Frequently Asked Questions (FAQs)
