By Bharti Bisht
Updated On September 10, 2021

The FABINDIA SBI Card is a co-branded credit card issued by the State Bank of India in partnership with Fabindia. The card comes with a nominal joining fee of Rs. 499, and earns you a gift voucher worth Rs. 500 as a welcome benefit. With this card, you can earn up to 5 Reward Points on every Rs. 100 you spend. The Reward Points can be converted into Fabfamily rewards and can be redeemed against shopping. Moreover, you get a gift voucher worth Rs. 750 from Aditya Birla Fashion / Bata / Yatra / Urban Ladder / Hush Puppies on achieving the milestone spend.

To let you save more on this card, it gives you a chance to get your renewal fee waived off on the basis of your total annual spends. There are several more advantages of the FABINDIA SBI Card. To know all of them, keep reading the details given below:

FABINDIA SBI CARD

Best Suited For

Shopping |

Joining Fee

Rs. 499

Reward Type

Reward Points |

Product Details

  • 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.

Rewards and Benefits

Welcome Benefits

Fabindia gift vouchers worth Rs. 500 & Fabfamily Gold Tier membership.

Movie & Dining

NA

Rewards Rate

5 Reward Points per Rs. 100 spent on Fabindia stores, 2 Reward Points 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

Golf

NA

Domestic Lounge Access

NA

International Lounge Access

NA

Insurance Benefits

NA

Zero Liability Protection

The cardholder shall not be liable for any unauthorized transactions made on his/her card after reporting the card as lost/stolen to the bank.

Fees & Charges

Joining Fee

Rs. 499

Renewal Fee

Rs. 499

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

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 Charge

2.5% of the cash amount withdrawn or Rs. 500 (whichever is higher)

Add-on Card Fee

Nil

FABINDIA SBI Card Rewards:

  • You get 5 Reward Points on every Rs. 100 you spend on Fabindia stores.
  • You get 2 Reward Points on every Rs. 100 you spend on movies, dining, and entertainment.
  • You get 1 Reward Point on every international spend of Rs. 100.
  • You get 1 Reward Points on every Rs. 100 you spend on all other categories.

Welcome Benefits

  • You get a Fabindia gift voucher worth Rs. 500.
  • You get access to the Fabfamily Gold Tier membership.
  • The welcome benefits are credited to your account within 15 days after successful payment of the joining fee.

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 = Re. 1.
  • The state bank of India charges a reward redemption fee of Rs. 99.
  • You need a minimum of 100 Reward Points for redemption.

Milestone Benefits

You get gift vouchers worth Rs. 750 from Aditya Birla Fashion / Urban Ladder / Yatra / BATA / Hush Puppies on spending Rs. 1 lakh or more in a quarter.

Joining and Renewal Fee Waiver

The renewal fee for the FABINDIA SBI Card can be waived off if you spend Rs. 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 Rs. 3,000.
  • The maximum benefit you can get through the fuel surcharge waiver on this card is Rs. 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 the online application form as follows:

  • Go to https://www.sbicard.com/.
  • Click on the option ‘Credit Cards.’
  • Click on ‘Shopping Cards.’
  • Select the ‘FABINDIA SBI Card’
  • 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 = Re. 1. Also, the gift vouchers you earn as welcome & milestone benefits are among its features that attract customers the most. Not only shopping, but you can also save 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:

Yes, you can apply online for this card through the SBI Card website (sbicard.com).

On achieving the milestone spend, you get a gift voucher worth Rs. 750. You can choose a gift voucher from Aditya Birla Fashion / Urban Ladder / Yatra / BATA / Hush Puppies.

The renewal fee of the FABINDIA SBI Card is Rs. 499.

You earn 1 Reward Point on every Rs. 100 you spent on international transactions using your FABINDIA SBI Card.

No, the Fabfamily Rewards can only be redeemed against shopping at a rate of 1 Reward Point = 1 Fabfamily Reward = Re. 1.

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