Welcome Benefit: Users will get 2,000 reward points equivalent to Rs 500 on payment of the annual fee.
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Max SBI Credit Card
Rewards & Benefits
Welcome Benefits
Welcome Benefit: Users will get 2,000 reward points equivalent to Rs 500 on payment of the annual fee.
Milestone Benefits
Milestone Benefits: Users will earn 1000 bonus reward points on annual spends of Rs 20,000 across all Landmark stores. 2,000 bonus reward points on annual spends of Rs 45,000 across all Landmark stores. 5,000 bonus reward points on annual spends of Rs 95,000 across all Landmark stores.
Cashback Rate
Users will be awarded 5 points on spending every INR 100 on online & retail landmark stores (Lifestyle, Home Centre, Max and Spar).
Value of 1 point = INR 0.25.
Store Cashback Rate: 1.25%.
5 points on spend of every INR 100 on dinning, movies & entertainment spends.
Dining/Entertainment Cashback Rate: 1.25%.
1 reward point per INR 100 spent on other retail purchases (Non-fuel).
General Cashback Rate: 0.25%.
Movie Benefits
Dining/Entertainment Cashback Rate: 1.25%.
Dining Benefits
Dining/Entertainment Cashback Rate: 1.25%.
Other Benefits
None.
Lounge Access
None.
Rewards & Benefits
Welcome Benefits
Welcome Benefit: Users will get 2,000 reward points equivalent to Rs 500 on payment of the annual fee.
Milestone Benefits
Milestone Benefits: Users will earn 1000 bonus reward points on annual spends of Rs 20,000 across all Landmark stores. 2,000 bonus reward points on annual spends of Rs 45,000 across all Landmark stores. 5,000 bonus reward points on annual spends of Rs 95,000 across all Landmark stores.
Cashback Rate
Users will be awarded 5 points on spending every INR 100 on online & retail landmark stores (Lifestyle, Home Centre, Max and Spar).
Value of 1 point = INR 0.25.
Store Cashback Rate: 1.25%.
5 points on spend of every INR 100 on dinning, movies & entertainment spends.
Dining/Entertainment Cashback Rate: 1.25%.
1 reward point per INR 100 spent on other retail purchases (Non-fuel).
General Cashback Rate: 0.25%.
Movie Benefits
Dining/Entertainment Cashback Rate: 1.25%.
Dining Benefits
Dining/Entertainment Cashback Rate: 1.25%.
Other Benefits
None.
Lounge Access
None.
Fees & Charges of
Max SBI Credit Card
Joining Fee
INR 499 + Taxes.
Annual Fee
INR 499 + Taxes.
Cash Advance Fee
Cash Advance fees: 2.5% or Rs. 500 whichever is higher at domestic ATMs and 2.5% or Rs. 500, whichever is higher at international ATMs.
Interest rate
Interest Rate: Up to 3.50% per month (42% per annum) from the transaction date.
Late Payment Fee
Late Payment charges will be applicable if Minimum Amount Due is not paid by the payment due date. NIL for Outstanding Amount on payment date from Rs.0-Rs.500, Rs. 400 for Outstanding Amount greater than Rs. 500 & up to Rs. 1000; Rs. 750 for Outstanding Amount greater than Rs. 1000 & up to Rs. 10,000; Rs. 950 for Outstanding Amount greater than Rs. 10,000 up to Rs. 25,000; Rs. 1100 for Outstanding Amount greater than Rs. 25,000 & up to Rs. 50,000; Rs. 1300 for Outstanding Amount greater than Rs. 50,000.
Foreign Currency Transactions Fee
3.5
Other Fees
Renewal Fee (per annum): INR 499 + Taxes. | Reward Redemption Fees: INR 99/- per redemption.
Joining Fee
INR 499 + Taxes.
Annual Fee
INR 499 + Taxes.
Cash Advance Fee
2.5% or ?500 whichever is higher
Interest rate
Interest Rate: Up to 3.50% per month (42% per annum) from the transaction date.
Late Payment Fee
Late Payment charges will be applicable if Minimum Amount Due is not paid by the payment due date. NIL for Outstanding Amount on payment date from Rs.0-Rs.500, Rs. 400 for Outstanding Amount greater than Rs. 500 & up to Rs. 1000; Rs. 750 for Outstanding Amount greater than Rs. 1000 & up to Rs. 10,000; Rs. 950 for Outstanding Amount greater than Rs. 10,000 up to Rs. 25,000; Rs. 1100 for Outstanding Amount greater than Rs. 25,000 & up to Rs. 50,000; Rs. 1300 for Outstanding Amount greater than Rs. 50,000.
Foreign Currency Transactions Fee
3.5
Other Fees
Renewal Fee (per annum): INR 499 + Taxes. | Reward Redemption Fees: INR 99/- per redemption.
Fee and Charges of
Max SBI Credit Card
Special Features
Users will be awarded 5 points on spending every INR 100 on online & retail landmark stores (Lifestyle, Home Centre, Max and Spar). Value of 1 point = INR 0.25. Effective store cashback rate: 1.25%. 5 points on spend of every INR 100 on dinning, movies & entertainment spends. Effective dining/entertainment cashback rate: 1.25%. 1 reward point per INR 100 spent on other retail purchases (Non-fuel). Effective general cashback rate: 0.25%.
Eligibility Criteria
Age: You must be minimum 21 and maximum 70 years old.
Income: You must have a stable source of income.
Credit score: A good credit score is generally required.
Speical Feature, Eligibility and Benefits of
Max SBI Credit Card
How to apply for Credit Card?
1. Online: This is the faster and more convenient method:
Visit the SBI Card website: Head to the official SBI Card website.
Navigate to the Max SBI Card page: Find the "Personal" category and choose "Shopping" as the sub-category.
Click "Apply Now": Look for the prominent "Apply Now" button on the card page.
Fill out the application form: Provide your personal details, income information, and KYC documents like PAN, etc.
Review and submit: Carefully review the application details.
Await decision: You'll receive an instant preliminary decision based on the information provided.
2. Offline: This method involves visiting a SBI branch and completing the application process:
Visit an SBI branch: Find a nearby SBI branch and express your interest in applying for the Max SBI Card.
Fill out the application form: A bank representative will assist you with the form and guide you through the process.
Submit the form and documents: Provide all requisite documents such as PAN, Aadhaar, and income proof along with the completed application.
Await decision: The bank will process your application and inform you about the final decision through your preferred communication channel.
Contact Details
l 1860 500 1290, 1860 180 1290, 39 02 02 02(Prefix local the STD code) or 1800 180 1290 (Toll Free)
Account Opening and Procedure of
Max SBI Credit Card
Find Offers on Your Credit Card
Find Offers on Your Credit Card
The USP of the card is that it offers 1.25% cashback on landmark stores (Lifestyle, Home Centre, Max and Spar). Otherwise the card does not have much to offer. Card suited only for Landmark fans.
The USP of the card is that it offers 1.25% cashback on landmark stores (Lifestyle, Home Centre, Max and Spar). Otherwise the card does not have much to offer. Card suited only for Landmark fans.
Abhijeet Saxena
Abhijeet Saxena
Nalsar University of Law
Ex- Senior Associate, Shardul Amarchand Mangaldas, Delhi
Ex - Khaitan & Co. Bengaluru,
Ex - National Stock Exchange, Mumbai,
Ex - Argus Partners, Mumbai