Spar SBI Card Select
Last Updated : Nov. 6, 2023, 10:47 a.m.
Spar SBI Card SELECT is a shopping card that gets you reward points every time you use it. And once you reach a certain milestone spend, bonus reward is given to you. Later you can use the accumulated points for discounts and purchases at Lifestyle, Home Centre, Spar, and Max stores. To avail this best rewards credit card , you need to pay a joining fee of ₹1,499. Read below to know the details of this SBI Card.
Features and Benefits of Spar SBI Card Select
You have a great opportunity to earn thousand of reward points through this credit card. There are also some other offers you might find interesting.
Welcome Offer
- Pay the Annual Fees and earn 6,000 Reward Points equivalent to ₹1,500.
Terms and Conditions
- You have to clear the full joining fees of the credit card.
- Also, the Reward Points credit within 30 days after the payment of the fees.
Reward Point Benefits
- Earn 10 Reward Points on every expenditure of ₹100 at the Landmark Stores, dining and movies.
- Spend ₹100 on other transactions and earn 2 Reward Points.
Terms and Conditions
- No Reward Points will be earned on the fuel transactions.
- 4 Reward Points make ₹1.
Earn Reward Points on Achieving Milestones
- Spend ₹3 Lacs using the card and earn 12,000 reward points.
- Spend ₹25000 at the Landmark stores and earn 2,400 reward points.
- Reach the transaction limit of ₹75,000 at the Landmark Stores and earn 8000 Reward Points.
- Earn 12000 Reward Point on achieving the milestone of ₹1.5 Lacs at the Landmark Stores.
Terms and Conditions
- All the Transactions must be done through the Spar SBI Card Select.
Discounts on Fuel Surcharge
- Get a Fuel Surcharge Waiver of 1% at all the refilling stations.
Terms and Conditions
- The minimum transaction eligible for this offer is ₹500.
- The maximum transaction eligible for this offer is ₹3,000.
Renewal Privileges
- Credit 6,000 Reward Points as the renewal benefits on this card that is equivalent to ₹1,500.
Terms and Conditions
- The Reward Points will be credited within 30 days after the payment of full joining fees.
Reward Points Redemption Options
The SBI gives you the opportunity to convert all the reward points into shopping. You have various products like mobile phones, electronic gadgets, and many other products where you can use the reward points to buy them.
- You can Easily Convert the Reward Points into the Landmark Rewards and get dual advantages.
- 2.4 Reward Points make 1 Landmark Rewards.
- 1 Landmark Reward Point is equal to 60 paise.
Other Features of the SBI Spar Card Select
24X7 Cash Availability:- This SBI credit card gives you the facility to withdraw cash from any VISA ATM present worldwide. There are more than 1 million Visa ATM across the world from where you can have the 24X7 cash availability.
Convert Transaction into EMIs:- Now you can purchase expensive products on EMIs through this credit card. If your transaction exceeds ₹2,500, you can easily convert it into easy EMIs depending upon your convenience.
Balance Transfer:- There are some credit card users who use more than one card. So if you are one of them then you can easily transfer the balance of another card on this credit card. This feature would help you to eliminate the burden of two credit cards.
Worldwide Acceptance:- The Spar SBI Card Select is universally accepted all over the world. There are more than 24 million outlets worldwide where you can use this card. 3.25 Lacs outlets are present in India where this card can be used.
Add-on Cards Facility:- There are no extra charges for taking an Add-on card for the family members. You can get an Add-on Card for your siblings, parents, children, and spouse but they must have the age of above 18 years.
Spar SBI Card Select Fee and Payment Options
You must be eager to know the Fees of such a card that has a lot of exclusive features. Have a look at the fees and all the charges that are applicable to this credit card.
| Types of Fees | Amount (In ₹) |
|---|---|
| Card Replacement | 100-250 |
| Rewards Redemption Fee | 99 |
| Payment Dishonor | 500 |
| Over Limit Fees | 600 |
| Finance Charges | 3.50% per month |
| Cash Payment fee | 250 |
| Cash Advance Fees | 500 |
| Foreign Currency Transaction fee | 3.5%(For All Cards Except Elite & Aurum) |
| Processing Fee on all Rent Payment Transactions | 199 |
| Balance Transfer | 1.7% per month (for 180 days tenure) |
Late Payment Fee Charges
| Outstanding Amount | Charges |
|---|---|
| For the amount between ₹ 0 to ₹500 | NIL |
| Exceeding ₹500 and up to ₹1,000 | ₹400 |
| Exceeding ₹1,000 and up to ₹10,000 | ₹750 |
| Exceeding ₹10,000 and up to ₹25,000 | ₹950 |
| Exceeding ₹25,000 and up to ₹50,000 | ₹1,100 |
| Above ₹50,000 | ₹1,300 |
Spar SBI Card Select Payment Options
There are some credit cardholders who prefer to make SBI Credit Card Online Payment . But some individuals still use the traditional mode of payment that is cash and cheque. Although they include some extra charges still user prefer cash and cheque payment. Now it is time to follow the digital means of credit card payment. Use the SBI Net Banking or SBI Mobile Application for making the payments. There are some third-party payment gateway like Billdesk, Paytm, GPay, that are totally safe and don’t include any extra charges. NEFT option is also available to make the payment from another bank account.