Lifestyle Home Centre SBI Card Review

General Information

Rewards and Benefits

Fees and Charges

Summary

Receive a bonus of 2,000 reward points valued at Rs. 500 upon activating your card. Get 5 reward points for each Rs. 100 spent at Online & Retail Landmark Stores, Dining & Movies. Earn 1 reward point for every Rs. 100 spent on other retail purchases. Enjoy 8,000 bonus reward points by spending Rs. 2 Lakh or more in a year. Receive milestone reward point benefits at all Landmark Stores. Avail a 1% fuel surcharge waiver. Earn 2,000 reward points annually.

The Lifestyle Home Centre SBI Card is a credit card designed for avid shoppers.

With a joining fee of Rs. 499 + GST and a renewal fee of Rs. 499 + GST, this card offers great value for money.

For those who love shopping, this card is a dream come true.

It rewards you with 5 Reward Points on every Rs. 100 spent at Online and Retail Landmark Stores such as Lifestyle, Home Centre, Max, and Spar.

Not only that, but you also earn 1 Reward Point for every Rs. 100 spent on other retail purchases (excluding fuel).

Upon card activation, you receive a welcome benefit of 2,000 bonus reward points worth Rs. 500.

In addition, you also get Rs. 100 cashback on your first ATM cash withdrawal within 30 days of card activation.

When it comes to dining and movies, this card may not offer any specific benefits.

However, its shopping rewards make up for it, making it highly suitable for those who enjoy splurging.

Unfortunately, this card does not provide any travel, domestic lounge, international lounge, or golf benefits.

Insurance benefits are also not included.

There is no spend-based waiver available, and a fee of Rs. 99 per redemption request is applicable when redeeming rewards.

It's worth noting that this card has a foreign currency markup of 3.5% of the transaction amount.

The interest rate is 3.5% per month (42% per annum).

However, a 1% fuel surcharge waiver is offered for fuel transactions between Rs. 500 to Rs. 3,000, capped at Rs. 100 per statement cycle.

For cash advances, a fee of 2.5% is charged, with a minimum amount of Rs. 500.

To summarize, the Lifestyle Home Centre SBI Card is a rewarding credit card option for shopping enthusiasts.

With its attractive reward points and welcome benefits, it offers great value for money.

However, it may not be the best choice for those seeking travel, dining, or entertainment benefits.