FABINDIA SBI Credit Card
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Joining Fee
Renewal Fee
Best Suited For
Reward Type
Welcome Benefits
Movie & Dining
NA
Rewards Rate
5 RPs per Rs. 100 spent on Fabindia stores, 2 RPs per Rs. 100 spent on dining, entertainment & movies, 1 Reward Point per Rs. 100 spent on international spends, 1 Reward Points per Rs. 200 spent on all other categories.
Reward Redemption
The Reward Points can be converted into Fabfamily Rewards and can be redeemed against shopping at a rate of 1 Reward Point = 1 Fabfamily Reward = Re. 1.
Travel
NA
Domestic Lounge Access
NA
International Lounge Access
NA
Golf
NA
Insurance Benefits
NA
Spend-Based Waiver
Get your renewal fee waived off on a minimum spend of Rs 1 lakh in the previous year.
Rewards Redemption Fee
Rs. 99
Foreign Currency Markup
3.5% on all foreign currency spends
Interest Rates
3.5% per month
Fuel Surcharge
1% fuel surcharge waiver for all fuel transactions up to Rs. 3,000
Cash Advance Charges
2.5% of the cash amount withdrawn or Rs. 500 (whichever is higher)
- Get up to 2 Reward Points on every Rs. 100 you spend.
- 5 Reward Points on every Rs. 100 spent on Fabindia stores.
- Gift vouchers worth Rs. 500 as a welcome gift.
- Access to Fabfamily Gold Tier membership.
- Gift vouchers worth Rs. 750 on achieving the milestone spend.
- Spend-based renewal fee waiver.
- 1% fuel surcharge waiver.
FABINDIA SBI Card Rewards
- 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 Points on every ₹100 you spend on all other categories.
Rewards Redemption
- The Reward Points you earn can be converted into Fabfamily Rewards through the SBI website/mobile app.
- The Fabfamily rewards can be redeemed only against shopping at a rate of 1 Reward Point = 1 Fabfamily Reward = ₹1.
- The State Bank of India charges a reward redemption fee of ₹99.
- You need a minimum of 100 Reward Points for redemption.
Welcome Benefits
- You get a Fabindia gift voucher worth Rs. 500.
- You get access to the Fab Family Gold Tier membership.
- The welcome benefits are credited to your account within 15 days after successful payment of the joining fee.
Milestone Benefits
You get gift vouchers worth ₹750 from Aditya Birla Fashion/Yatra/BATA/Hush Puppies on spending ₹1 lakh or more in a quarter.
Joining and Renewal Fee Waiver
The renewal fee for the FABINDIA SBI Card can be waived if you spend ₹1 lakh or more in an anniversary year.
Fuel Surcharge Waiver
- You get a 1% fuel surcharge waiver at all fuel stations for all transactions up to ₹3,000.
- The maximum benefit of the fuel surcharge waiver on this card is ₹100 per statement cycle.
How To Apply?
To apply for a FABINDIA SBI Card, you can visit the nearest SBI branch, or you can fill out the online application form as follows:
- Click on ‘Apply Now.’
- Fill in the application form carefully and upload all the required documents.
Conclusion
The FABINDIA SBI Card gives you an opportunity to save amazingly on shopping as you can redeem your earned Reward Points against shopping at a rate of 1 Reward Point = ₹1. Also, the gift vouchers you earn as welcome & milestone benefits are among the features that attract customers the most. You can save not only through shopping but also through the fuel surcharge waiver and the renewal fee waiver on this card. Keeping all its benefits in mind, you should undoubtedly go for the FABINDIA SBI Card if you love shopping. Also, do share your views on this card in the comment section below.
FAQs:
1. Can I apply online for a FABINDIA SBI Card ?
2. Which brand’s gift voucher do I get on achieving the milestone spend ?
3. What is the renewal fee of this card ?
4. How many Reward Points do I earn on international spends through this card ?
5. Can I redeem the Fabfamily Rewards against flight bookings ?