Why the Fabindia SBI Card SELECT is the Perfect Card for You

Posted by  Fintra , updated 2023-05-20

Why the Fabindia SBI Card SELECT is the Perfect Card for You

If you're a frequent shopper at Fabindia, you may want to consider the Fabindia SBI Card SELECT. This credit card offers a range of benefits, including rewards points for every purchase, discounts on Fabindia products, and exclusive access to events and promotions. Find out more about this card and how it can enhance your shopping experience at Fabindia. 

Introduction to the Fabindia SBI Card SELECT

The Fabindia SBI Card SELECT is a credit card designed for those who love to shop at Fabindia. With this credit card, you can earn rewards points for every purchase, enjoy discounts on Fabindia products, and gain access to exclusive events and promotions. If you're a frequent shopper at Fabindia, this card is worth considering. Let's take a closer look at its benefits and features.

Features and Benefits of Fabindia SBI Card SELECT  

Welcome Benefits

The Fabindia SBI Card SELECT offers a gift voucher worth Rs. 1500 for use at Fabindia stores. Upon payment of the fee, the cardholder will receive a welcome gift voucher within 30 days, which will be credited to their bank account. With the Fabindia SBI Card SELECT, you can enjoy exclusive access to the Platinum Tier of the Fabfamily membership program. This means you can enjoy a range of benefits and rewards, including discounts on purchases, early access to sales, and more. Apply for your Fabindia SBI Card SELECT today and start enjoying the perks of being a Platinum Tier member!

Milestone Benefit

By achieving quarterly milestone spends of Rs. 2 lahks, cardholders can receive a gift voucher worth Rs. 1250 for popular brands. With the Fabindia SBI Card SELECT, you have the option to select a gift voucher from a range of popular brands. Choose from Aditya Birla Fashion, Yatra, or Hush Puppies/Bata to enjoy exclusive rewards and benefits.

Reward Benefits

With the Fabindia SBI Card SELECT, customers can earn 10 Reward Points for every Rs. 100 spent at Fabindia stores. This means the more you shop, the more points you can accumulate towards rewards and benefits. Earn 3 Reward Points for every Rs. 100 spent on dining, movies, and entertainment, get 2 Reward Points per Rs. 100 spent on all International spends, and 2 Reward Points per Rs. 200 spent on all other Spends.

Spend Based Reversal Renewal Benefits

If you're a frequent shopper at Fabindia and have an SBI credit card, you may be eligible for an annual fee waiver. All you have to do is reach an annual spend of Rs. 2 lahks, and you can enjoy this benefit. This can be a great way to save money while still enjoying all the perks of using a credit card.

Travel Benefits

As a perk of being a Fabindia SBI Card SELECT holder, you can enjoy up to 4 complimentary visits to domestic airport lounges every year, with one visit available per quarter. This allows you to relax and unwind in comfort before your flight, with access to amenities such as comfortable seating, refreshments, and Wi-Fi. As a member of the Fabindia SBI Card SELECT, you will receive a complimentary Priority Pass Membership as well.

Fuel Surcharge Waiver

With the Fabindia SBI Card SELECT, you can enjoy a 1% fuel surcharge waiver on transactions up to Rs 3,000.

Reward Redemption

The Fabindia SBI Card SELECT offers a unique rewards program called Fabfamily Rewards, which can only be redeemed for purchases made at Fabindia stores. This program allows cardholders to earn points for their purchases and use them towards future shopping trips at Fabindia. To redeem Reward Points, a minimum of 100 Reward Points must be redeemed, and only in multiples of 100, 200, or 500.

Contactless Technology

With the Fabindia SBI Card SELECT, making transactions is a breeze. Simply tap the card at a secure reader and you're good to go! This method is not only quick and easy, but also incredibly convenient for those on the go. You can enjoy a secure and hassle-free transaction experience. Unlike traditional cards, this card never leaves your hands during a transaction, which greatly reduces the risk of card loss and fraud due to counterfeiting or skimming. So, you can shop with confidence and peace of mind knowing that your financial information is safe and secure.

Credit Facility

The Fabindia SBI Card SELECT provides a convenient payment option with its extended credit feature. This allows you to plan your payments according to your outstanding balance. You have the flexibility to pay any amount between the Minimum Amount Due and the Total Amount Due as indicated in your Monthly Statement. Additionally, you can carry forward any unpaid balance at a low finance charge, making it easier to manage your finances.

Easy Bill Payment Facility

The Fabindia SBI Card SELECT offers an Easy Bill Pay feature that ensures you never miss a payment deadline for your utility bills. This includes bills for electricity, insurance, and telephone services, which will be automatically paid before their due dates. You can make use of this feature in two ways:

a. Fabindia SBI Card SELECT offers a convenient feature called standing instructions. By registering for this service, you can ensure that your bills are paid on time every month without having to manually make the payment. SBI Card will automatically make the payment on your behalf when the bill is due, saving you time and hassle.

b. With the Fabindia SBI Card SELECT, you have the convenience of making online payments directly through the SBI Card website. No need to worry about mailing in a check or visiting a physical location, simply login to your account and make your payment with ease.

Balance Transfer

With the Fabindia SBI Card SELECT, you can take advantage of our low-interest rate options for balance transfers. Simply transfer the balances from your other credit cards to your Fabindia SBI Card SELECT and enjoy balance transfer plans tailored to your financial needs.

Flexipay

The Fabindia SBI Card SELECT offers a convenient instalment plan that allows you to make purchases and pay them off in manageable monthly instalments. With a variety of plans to choose from, you can select the one that best fits your financial situation and benefit from a low-interest rate.

mBUY

With Fabindia SBI Card SELECT, you can enjoy the convenience of shopping on the go with mBuy. Whether you need to book movie tickets, plan your next trip, purchase gifts, or recharge your mobile or DTH, mBuy has got you covered. With access to over 100 merchants on your mobile device, paying with your Fabindia SBI Card SELECT has never been easier.

Fees of Fabindia SBI Card SELECT

The Fabindia SBI Card SELECT has a one-time annual fee of Rs. 1,499, and the annual renewal fee is Rs. 1,499. There is no additional fee per year for the add-on.

How to apply for Fabindia SBI Card SELECT and Eligibility Requirements?

To apply for the Fabindia SBI Card SELECT, you must meet certain eligibility requirements. You must be at least 21 years old and have a minimum income of Rs. 20,000 per month. You can apply for the card online or by visiting a Fabindia store. The application process is simple, and you will receive a decision within a few days. If you're approved, you can start enjoying the benefits of the card right away.

Conclusion

Fabindia and SBI Card have jointly launched their contactless co-branded credit cards to cater to the needs of premium segment customers. The cards, Fabindia SBI Card and Fabindia SBI Card Select provide the best-in-class reward points on retail spending with value back on varied spending categories. Above are the detailed features and benefits of Fabindia SBI Card SELECT to assist you to decide whether the card best suits you and your needs.

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