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FABindia SBI Card SELECT Welcome Benefits:

• Fabindia Gift Vouchers worth Rs. 1,500 as a welcome gift.
• Direct access to Fabindia Platinum Tier Membership.
• Welcome benefits are to be credited within 15 days of payment of the card’s joining fee.

Milestone Benefits

• The annual fee of the card is waived off on achieving the milestone of expenditure of a minimum of Rs. 2 lakh in the preceding year.
• Gift vouchers worth Rs. 1,250 from popular brands on achieving the quarterly milestone of expenditure of Rs. 2 lakh using the card.
• You can choose the gift voucher from either Aditya Birla Fashion Or Yatra Or Urban Ladder Or Hush Puppies / Bata.

FABindia SBI Card SELECT Rewards

• You earn 10 Reward Points on every Rs. 100 spent on the FABindia stores.
• 3 Reward Points per Rs. 100 spent on movies, dining, and entertainment.
• 2 Reward Points per Rs. 100 spent on all International spends.
• 2 Reward Points per Rs. 200 spent on all other spends.

Reward Redemption

• The Reward Points earned can be converted into FABfamily Rewards.
• 1 Reward Point = 1 FABfamily Reward = Re. 1.
• The FABfamily Rewards can be used only for shopping in the FABindia stores.
• You must have accrued a minimum of 100 Reward Points before they can be redeemed (in multiples of 100, 200, 500 only).

Travel Benefits:

• 4 complimentary domestic airport lounge access (max 1 per quarter).
• Complimentary Priority Pass membership worth USD 99 valid for 24 months (lounge visits chargeable under the Priority Pass membership).

Fuel Surcharge Waiver

1% fuel surcharge waived off for transactions of up to Rs. 3,000 (max waiver capped at Rs. 100 per month).

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.

Customer Care

SBI offers 24×7 customer care support to its credit cardholders. To report the loss of card or for any queries, you may dial their toll-free helpline number 1860 180 1290 or 1800 180 1290. Alternatively, you can also dial 39020202 (prefix STD code). You can also block your SBI credit card just by sending an SMS – BLOCK to 5676791.

Conclusion

This co-branded credit card by SBI Cards offers quite a high reward rate on FABindia stores, as every Rs. 100 spent on FABindia stores earns you 10 Reward Points. That being said, the reward rate on other purchases is also fairly decent, as you earn a minimum of 2 Reward Points on all purchases made with the card. Considering the reward rate and other benefits that this card comes bundled with, including a complimentary Priority Pass membership and 4 complimentary domestic airport lounge access (annually), it is safe to conclude that if you’re looking for a mid-level credit card, this one by SBI and FABindia can be the right pick for you. What do you think about this cobranded offering by SBI Cards? Do let us know in the comments. And if you’re an existing cardholder, don’t forget to share your experience.