The Max SBI Card SELECT is a co-partnered shopping credit card with the State Bank of India and Max offering a wide range of benefits and features across different categories. Along with the shopping benefits, the card also offers milestone benefits, fuel surcharge benefits and more. The Max SBI Card SELECT comes with a joining fee of Rs.1,499 and an annual fee of Rs.1,499 along with a finance charge of 3.35%.
|Reward Point Benefits||
The credit limit for the Max SBI Card SELECT is given by the bank. The State Bank of India will assign a credit limit based on factors such as your credit score, your credit utilisation ratio and your repayment habits.
|Type of Fee||Charge|
|Cash advance limit||Up to 80% of the credit limit|
|Minimum amount due||5% of the total outstanding amount (minimum of Rs.300)|
|Free credit period||20 – 50 days|
|Cash advance fee||2.5% of the transaction amount (subjected to a minimum of Rs.300)|
|Late payment fee||If the total amount due is between:
|Overlimit fee||2.5% of the amount subject to a minimum of Rs.500.|
|Card replacement fee||Rs.100|
|Rewards redemption fee||Rs.99|
|Foreign currency mark-up||3.5%|
|Nationality||The applicant must be a citizen of India or a non-resident Indian.|
|Employment status||He or she must be either salaried or self-employed and have a steady income source.|
|Age||He or she must be at least 18 years old.|
|Credit Score||The applicant with a good CIBIL score will be eligible for the card.|
|Income Proof||Proof of Address||Identity Proof|
|Salary Slip||Passport||Voter ID|
|Form 16||Ration Card||Driving License|
|IT Returns||Voter ID||Aadhaar Card|
The maximum credit limit of the Max SBI Card SELECT will be assigned at the discretion of the State Bank of India.
Yes, the Max SBI Card SELECT offers 10x reward points on every Rs.100 spent at online or retail Landmark stores which includes stores such as Max, Lifestyle, Home Centre, etc.
No, there is no annual fee waiver for the Max SBI Card SELECT.
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