Max SBI Credit Card

Welcome Benefits

Earn 2000 reward points, which is equal to Rs.500, as a bonus while paying your annual fees.

Reward Benefits

1. Get 5 reward points on every Rs.100 that you send at online and retail Landmark outlets. These include Home Centre, Lifestyle, Spar, and Max. Earn reward points when you spend on dining and movies as well.
2. Get 1 reward point for every Rs.100 that you spend on other retail purchases (other than fuel).

Milestone Benefits

1. Your overall milestone benefits can be up to 16,000 reward points, that is worth Rs.4,000.
2. Get 1,000 bonus reward points when your annual spending reaches Rs 20,000 across Landmark stores.
3. Earn 8,000 reward points as a bonus when your overall annual retail spending reaches Rs.2 lakh.
4. Get 5,000 bonus reward points when you spend Rs.95,000 annually across Landmark stores.
5. Get 2,000 bonus reward points on annual spending of Rs.45,000 on Landmark stores.

Fuel Benefits

1. Get a 1% fuel surcharge across petrol stations in the country.
2. This can be availed on transactions ranging between Rs.500 and Rs.3,000.

Renewal Benefits

When you pay the renewal fee of Rs.500, get 2,000 reward points.

Rewards Redemption Benefits

You can convert your reward points into Landmark rewards.

Type of Charge

Amount

Annual fee

Rs.499

Renewal fee

Rs.499

Add-on credit card

Nil

Finance charge

Up to 3.50% per month

Cash advance fee at SBI and domestic ATMs

2.5% of the transaction amount (minimum of Rs.300)

Statement retrieval

Rs.100 for every statement which is more than 2 months old

Payment dishonor fee

2% of the amount (minimum of Rs.450)

Cheque fee

Rs.100 for payments made using cheques up to Rs.10,000

Late payment

1. Rs.0-Rs.200: Nil
2. Rs.200-Rs.500: Rs.100
3. Rs.500-Rs.1,000: Rs.400
4. Rs.1,000-Rs.10,000: Rs.600
5. Rs.10,000-Rs.25,000: Rs.800
6. Rs.25,000 and above: Rs.950

Overlimit

2.5% of overlimit amount (subject to a minimum amount of Rs.500)