Santa Claus comes around just once a year. In the meantime, there are Credit Cards.
  • Fabindia SBI Card

    The State Bank of India has partnered with Fabindia and launched the Fabindia SBI Card. This credit card allows you to earn reward points every time you use the card to shop at Fabindia stores. The annual fee of the credit card is Rs.499.

    Key Highlights of the Fabindia SBI Card

    • As a welcome gift, get Fabindia gift vouchers worth Rs.500.
    • Get 5 reward points every time you spend Rs.100 at Fabindia stores.
    • You get a waiver of 1% on the fuel surcharge. This is applicable on transactions up to Rs.3,000.

    Features and Benefits of the Fabindia SBI Card

    Welcome benefits:

    • You get Fabindia gift vouchers of Rs.500.
    • You also get access to the Gold Tier Fabfamily Membership.
    • You can avail the welcome benefits within 15 days of payment of the fee.

    Milestone benefits:

    • You get a gift voucher of Rs.750 when you spend Rs.1 lakh, every calendar quarter.
    • You can choose from a range of brands like Aditya Birla Fashion, Yatra, Urban Ladder, Hush Puppies, and/or Bata.

    Reward points benefits:

    • Earn 5 reward points for every Rs.100 that you swipe the card at Fabindia stores.
    • Get 2 reward points every time you spend Rs.100 on movies and dining.
    • You get 1 reward point for every Rs.100 that you spend internationally.

    Spend-based benefits:

    • You get a waiver on your annual fee if your expenses for the previous year cross Rs.1 lakh.

    Fuel benefits:

    • Get a 1% waiver on the surcharge for fuel transactions up to Rs.3,000, when you swipe the Fabindia SBI Card at any petrol station in India.
    • This waiver is exclusive of GST and other charges.
    • You get a maximum surcharge waiver of Rs.100 per credit card statement cycle.

    Redemption of Reward Points Earned on Your Fabindia SBI Card

    • You can convert the reward points earned on the Fabindia SBI Card into Fabfamily Rewards via the SBI website, or the bank's mobile app.
    • Keep in mind that the mobile number that you register for Fabfamily Rewards needs to be the same as the mobile number you registered with the bank when you applied for the Fabindia SBI Card.
    • You can redeem a minimum of 100 reward points. Reward points earned on the Fabindia SBI Card can be redeemed in multiples of 100, 200 or 500.

    Fees and Charges of the Fabindia SBI Card

    Type of Charge Fee
    Annual fee Rs.499
    Renewal fee Rs.499 (from the second year onwards)
    Add-on credit card NIL
    Finance charge Up to 3.50% per month (42% per annum)
    Cash advance fee at domestic ATMs, international ATMs, and SBI ATMs 2.5% of the transaction amount or Rs. 500 (whichever is higher)
    Cash payment fee Rs.199
    Overlimit 2.5% of overlimit amount or Rs.600 (whichever is higher)
    Late payment

    Rs.0-Rs.500: NIL

    Rs.500-Rs.1,000: Rs.400

    Rs.1,000-Rs.10,000: Rs.750

    Rs.10,000-Rs.25,000: Rs.950

    Rs.25,000-Rs.50,000: Rs.1,100

    Rs.50,000 and above: Rs.1,300

    Payment dishonor fee 2% of the amount (minimum of Rs.500)
    Cheque payment fee Rs.100
    Statement retrieval Rs.100 per statement which is over 2 months old
    Card replacement
    • Rs.100 to Rs.250
    • Rs.1,500 for the SBI Aurum Credit Card
    Fee for increasing credit limit Rs.200 per request for increase
    Dynamic and static conversion fee
    • 3.50% (except for SBI Elite and Aurum credit cards)
    • 1.99% SBI Elite and Aurum credit cards)
    • These charges are applicable for transactions greater than or equal to Rs.1,000.
    Network change fee Rs.200 per request for network upgrade or network downgrade
    Foreign currency transaction fee
    • 3.50% (except for SBI Elite and SBI Aurum credit cards)
    • 1.99% (SBI Elite and Aurum credit cards)
    Rewards redemption fee
    • Rs.99 (only on cash redemption, gifts, and specific vouchers)
    Cash payment fee Rs.199
    Overdue finance charge
    • 3.65% per month (43.8% per annum)

    FAQs on Fabindia SBI Card

    1. Who do I contact to clarify doubts regarding the Fabindia SBI Card?

      You can call 18601801290 or 39020202 (prefix the local code) to clarify doubts regarding the Fabindia SBI Card.

    2. What is SBI's Flexipay scheme?

      Flexipay is an installment plan which allows you to make a purchase and repay the amount in monthly installments. You can look through a range of plans and select the one which you feel is best-suited for you.

    3. What do I do if I lose my Fabindia SBI Card?

      If you lose your credit card, you should immediately block it. Send the SMS, ‘BLOCK XXXX’ (Last 4 digit of your card number) to 5676791 from the mobile number which has been registered with the bank.

    4. Once I apply for a replacement card, when will I receive the new credit card?

      You should ideally receive your new credit card within 7 working days of raising a request. Please note that depending on your location, it could take more than 7 working days to get your new credit card.

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