By Divya Shokeen
Updated On October 22, 2021

Lifestyle Home Centre SBI Card Prime is a reward-based credit card that attracts the youth who likes shopping and dine-outs a lot. Keeping in mind its target customers, this card offers 15 reward points on every Rs. 100 spent online or offline at Landmark Stores like Lifestyle, Home Centre, Max, and Spar. You also get 2 reward points on every Rs. 100 spent at retail outlets other than landmark stores. You can earn 10 reward points for dining and movies. The joining fee is charged at Rs, 2,999 plus GST. The card also offers complimentary domestic lounge access. There is more to this card, for that kindly read on to know more:

Best Suited For

Shopping |

Joining Fee

Rs. 2,999 with applicable taxes

Reward Type

Reward Points |

Product Details

  • Rs. 2999 with applicable taxes are charged for a renewal fee.
  • Rs. 2999 plus GST are charged at the time of joining.
  • Get 12000 bonus reward points as welcome benefits.
  • Get 12000 reward points on the payment of the renewal fee.
  • Get a cumulative of 58,000 reward points worth Rs. 14,500 under milestone benefits.
  • Earn 15 reward points on every purchase at landmark stores like Lifestyle, Home Centre, etc.
  • Avail 10 reward points on every Rs. 100 spent at dining & movies.
  • Get 2 reward points per Rs. 100 on other retail purchases.
  • Earn bonus reward points of 20000 on overall retail spends of Rs. 500000.

Rewards and Benefits

Welcome Benefits

12000 RPs worth Rs. 3000. Rs. 100 cash-back on first withdrawal using ATM (within 30 days of receiving the card)

Movie & Dining

Earn 10 RPs on dining & movies

Rewards Rate

2 RPs on purchase made worth Rs. 100 at non-landmark retail shops.. 15 RPs on online & offline purchases at landmark shops. 10 RPs on every Rs. 100 spent at dining & movies.

Reward Redemption

  • 1 Landmark Reward = 2.4 SBI Reward Point
  • 1 SBI Card Reward Point = Rs. 0.24
  • 1 Landmark Reward = Rs. 0.60
  • 4 Reward Points = Re. 1

Travel

Get access to Domestic Airport Lounge

Golf

NA

Domestic Lounge Access

Avail 8 Complimentary visits to domestic airport lounges (max. 2 per quarter)

International Lounge Access

  • Get complimentary Priority Pass Membership
  • Avail 4 complimentary visits per year (max 2 visits per quarter)

Insurance Benefits

NA

Zero Liability Protection

NA

Fees & Charges

Joining Fee

Rs. 2,999 with applicable taxes

Renewal Fee

Rs. 2,999 + taxes

Spend based Waiver

NA

Rewards Redemption Fee

Rs. 99

Rewards Redemption Fee

Rs. 99

Foreign Currency Markup

3.5%

Interest Rates

3.50% p.m.

Fuel Surcharge

Avail 1% waived off on purchasing fuel worth Rs. 500- Rs. 4000 anywhere in India.

Cash Advance Charge

2.5% or Rs. 500 whichever is higher at national & international ATMs

Add-on Card Fee

Nil

Lifestyle Home Centre SBI Card Rewards:

  • It enables you to earn 15 reward points on the purchase at landmark stores such as Lifestyle, Home Centre, etc.
  • You get 2 reward points on every Rs. 100 spent at retail stores other than landmark stores.
  • You get 10 RPs on every Rs. 100 spent at dining & movies.
  • Get 2000 reward points on annual spent of Rs. 200000.

Milestone Benefits

Earn a total of 58,000 reward points under milestone benefits which are bifurcated as below:

  • 20000 reward points on the annual expenditure of Rs. 500000.
  • 20000 reward points on yearly spend of Rs. 180000 at all Landmark Outlets.
  • 12000 reward points on yearly spend of Rs. 100000 at all Landmark Outlets.
  • 8000 reward points on yearly spend of Rs. 40000 at all Landmark Outlets.

Reward Redemption:

To avail of dual benefits, you can easily convert your reward points into landmark rewards.

  • 1 Landmark Reward is equivalent to 2.4 SBI Reward Point
  • 1 SBI Card Reward Point is equivalent to Rs. 0.24
  • 1 Landmark Reward is equivalent to Rs. 0.60
  • 4 Reward Points is equivalent to Re. 1

Eligibility Criteria

  • The applicant’s age should be between 23-60 years.
  • The income requirement is solely based on the bank’s discretion.
  • The applicant must have a good credit score, preferably above 650.

Who should go for the Lifestyle Home Centre SBI Card Prime?

Lifestyle Home Centre SBI Card Prime is the best choice for shopaholics. This card is only given at the bank’s discretion. The applicant gets exciting reward benefits while shopping online as well as offline at landmark outlets. Also, they get 10 reward points on movies and dining. Other than this, you get 2 reward points on every Rs. 100 spent at retail shops which are not under the landmark retail shops. You can redeem your reward points as cashback.

Conclusion

Lifestyle Home Centre SBI Card Prime, one can say, is the ideal card for someone who likes to shop a lot, be it online or offline. It allows you to shop at landmark retail outlets like Lifestyle, Home Centre, etc. not only this, you can also earn reward points on shopping at retail shops other than landmark shops. You get the facility of add-on members. On payment of renewal fee, you get 12000 reward points worth Rs. 3000 which gets credited to your account within 30 days. You can redeem your reward points as cash backs, 4 RPs are equivalent to Re. 1. This card also provides you the waiver of a 1% fuel surcharge on every petrol pump all over India, only if you have purchased fuel worth Rs. 500-Rs. 4000. If you are one who already uses credit cards and has maintained a score of 650 and above then you can get this card. Thus, it is one of the cards to vouch for building a strong credit profile.

FAQs:

The reward points will be credited to your account within 30 days.

This completely depends upon the bank, the income requirement varies from applicant to applicant, however, you need to maintain a good credit score to avail of this card and enjoy its benefits, preferably above 650.

Yes, you get 8 complimentary visits to the domestic airport lounge (max. 2 per quarter) on this card, however.

Yes, you get the add-on facility, where you can add your immediate family members to this card and there are no add-on fee charges.

3.50% per month is the finance charge.

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