By: OurMoneyGuide || Last updated on: April 25, 2024

Max SBI Card SELECT is a co-brand card launched by SBI Card, in partnership with Max. Max is the Landmark Group’s leading value fashion brand offering clothing, accessories and footwear for the entire family.

You can earn upto 6.2% benefit on Landmark spends. Landmark stores include Lifestyle, Home Centre, Max and Spar.  

The card is virtually free, since you get reward points worth the annual fee, upon annual fee payment.

Pros & Cons of Max SBI Card SELECT

Pros

  • Good card for regular shoppers at Landmark outlets – you can earn upto 6.2% on Landmark spends
  • The card is virtually free, since you get rewards worth the annual fee, upon annual fee payment

Cons

  • You may need to consider other credit cards for your non-Landmark spends, to earn higher benefits on these spends
  • Only suitable for regular shoppers at Landmark stores, since reward points on all card spends can only be redeemed at Landmark stores

Features & Benefits of the Max SBI Card SELECT

Upto 6.2% benefit on Landmark store spends (Lifestyle, Home Centre, Max and Spar – both online as well as in-store shopping)
– 2.50% benefit on Landmark store spends
– Upto 3.7% additional benefits, based on achieving 3 annual card spend levels at Landmark stores

✔︎ 2.5% on Landmark store spends
– You earn 10 reward points worth ₹2.50 , on every ₹100 you spend at Landmark stores
– 1 reward point = ₹0.25 or 25 paise. (2.4 SBI reward points = 1 Landmark reward point = ₹0.60. Hence 1 SBI reward point = ₹0.25 or 25 paise)

✔︎ Upto 3.7% additional benefits, based on achieving 3 annual card spend levels at Landmark stores-
1. You get 2400 reward points worth ₹600, at ₹25000 yearly card spend at Landmark stores
2. You get additional 8000 reward points worth ₹2000, at ₹75000 yearly card spend at Landmark stores
3. You get additional 12000 reward points worth ₹3000, at ₹1.50 lakh yearly card spend at Landmark stores
Hence you can get a total of 22400 reward points worth ₹5600, at ₹1.50 lakh yearly card spend at Landmark stores – 3.7% benefit. Please see table below for benefits at each level of annual card spend-


BenefitTotal benefit
At ₹25000 yearly card spend at Landmark stores2400 reward points worth ₹6002400 reward points worth ₹600 – 2.40%
At ₹75000 yearly card spend at Landmark storesAdditional 8000 reward points worth ₹2000Total 10400 reward points worth ₹2600 – 3.46% benefit
At ₹1.50 lakh yearly card spend at Landmark storesAdditional 12,000 reward points worth ₹3000Total 22,400 reward points worth ₹5600 – 3.73% benefit

Rewards redemption process
– 1 reward point = ₹0.25 or 25 paise. Since 2.4 SBI reward points = 1 Landmark reward point (LMR) = ₹0.60. Hence 1 SBI reward point = ₹0.25 or 25 paise.
– You need to first convert SBI reward points to Landmark reward points, and then redeem Landmark reward points instantly at Landmark outlets.
– Please click here, to see details, this is an example of how you can redeem reward points on SBI Card’s rewards redemption platform.

Landmark stores include Lifestyle, Home Centre, Max and Spar (on both online as well as in-store shopping)

2.50% benefit on dining spends and movie spends

You earn 10 reward points worth ₹2.50 , on every ₹100 you spend on dining and at movies.

1 reward point = ₹0.25 or 25 paise, and can be redeemed at Landmark stores, as explained in the rewards redemption process in the section above.

0.50% basic benefit on all other spends

You earn 2 reward point worth ₹0.50 (50 paise) , on every ₹100 you spend on all other purchases.

1 reward point = ₹0.25 or 25 paise, and can be redeemed at Landmark stores.

Please note that no reward points are given on fuel purchases.

Additional benefit upto 1% (milestone program)

You get 12,000 reward points worth ₹3000, at ₹3 lakh yearly card spend on all purchases – 1% benefit.

1 reward point = ₹0.25 or 25 paise, and can be redeemed at Landmark stores.

Fuel surcharge waiver, upto ₹100 per month

You get a 1% fuel surcharge waiver at all fuel stations across India, only on fuel purchases between ₹500 and ₹3000. And only on fuel purchases upto ₹10,000 per month (since the waiver amount is capped at ₹100 per monthly card statement cycle).

SBI Card customer care

Please click here for all the options to contact the bank for various issues and escalations, including-
– Lost and stolen cards : you can block on your mobile app or internet banking OR through SMS option OR by calling customer care
– Complaints and grievances : including steps on how to escalate to higher levels in case your issue is not resolved
– Raise and manage disputes

3 lifetime-free add-on cards

You can get add-on cards for your parents, spouse, children or siblings above the age of 18 years. For more details, and important terms and conditions, please click here.

Max SBI Card SELECT Fees and Charges

Annual fee


Annual feeAnnual fee offers
1st year joining fee₹1499Welcome offers
– You get 6000 bonus reward points worth ₹1500 , on payment of the first year joining fee.
Renewal fee from 2nd year onwards₹1499Renewal fee offer
– You get 6000 bonus reward points worth ₹1500 , on payment of renewal fee.

Late payment fee

Amount dueLate Fee
 Less than ₹500Nil
₹501 to ₹1,000₹400
₹1,001 to ₹10,000₹750
₹10,001 to ₹25,000₹950
₹25000 to ₹50000₹1100
Over ₹50000₹1300

Foreign currency transaction fee

3.50% of the transaction value.

Finance charges

3.50% per month (42% p.a.).

Important note

– GST/ other applicable taxes as per current laws, will be applicable on all fees and charges
– To view all/updated fees & charges on this card, please click here – SBI Credit Card Fees & Charges

Eligibility Criteria

Although your credit card eligibility is based on multiple parameters which can be assessed once you apply for the SBI Credit Card, there are certain basic criteria that all applicants must fulfil.

Minimum age21 years
Maximum age70 years
OccupationSalaried or self-employed
Minimum income requirementsNot specified. Should have a regular source of income
Other criteriaGood credit score, preferably above 750

Application Process

Step-by-step guide

Online application processThe easiest way to apply is to click here – APPLY NOW , you shall be taken to the card application page on the SBI Card website. You can also visit the official website of SBI Card and fill out the application form.

Steps :
– Fill out the online application form – personal details like mobile phone number, emplyment, income, Aadhar / PAN number
– Click ‘Submit’ and you will receive an instant decision on the application basis the information provided
– If your application is approved, you will receive a call from SBI Card team for verification
– Post necessary verification, the card is issued to you

Virtual card : In addition to this, SBI Card team will send an SMS on your registered mobile number with a link to generate your e-card. With this e-card you can view your credit card details digitally, even before your physical card reaches you, and start shopping online instantly.
Offline (face to face)  application processYou can visit any of the nearest branches of SBI Card, and talk to an executive regarding the process.

Necessary documents and verification

Required documents   – PAN card

– Copy of Aadhaar card (with first 8 digits masked) or any valid government address proof

– Income documents – salary slip, income tax return etc. may be required depending upon the credit card eligibility & policy

In addition to these, you maybe asked to provide additional documents, on a case-to-case basis.

Tracking your application status

Tracking credit card application status– You can track the status of your application on – ‘Track Application’ section.

– Please click here – Home page (and see top section of the page section named – ‘Track your application’) OR
– Please click here – Eapply page (and see bottom of the page section named – ‘Track Credit Card Application’)
You need to enter some basic information (like application number/ reference number, name, mobile number), to see the status of your SBI Card application