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Key Highlights of the Lifestyle Home Centre SBI Card

Here’s why this shopping credit card is a good choice:

Joining Fee

Only ₹499 + GST

Annual Fee

Only ₹499 + GST

Suitable for

Rewards on shopping and entertainment

Key Feature

Up to 16,000 cumulative milestone rewards worth ₹4,000

Joining Bonus

2,000 reward points worth ₹500 on paying the annual fees 

Features and Benefits

This SBI Card offers a range of savings on shopping and entertainment, enabling you to save more. You can earn accelerated rewards if you are a regular shopper at Landmark Stores, including Max, Lifest Read Moreyle, Home Centre, and Spar. Read Less

Welcome Bonus

Get 2,000 reward points worth ₹500 on paying the annual fees

Boosted Rewards

Enjoy 5X reward points on every ₹100 you spend on dining, movies, or at retail and online Landmark Stores

Rewards on Every Spend

Earn 1 reward point per ₹100 spent on other retail purchases, excluding fuel

Ladder Milestone Rewards

Get a chance to earn up to 16,000 cumulative milestone rewards worth ₹4,000 with this SBI Credit Card

1% Surcharge Waiver

Enjoy freedom from paying up to ₹100 towards fuel surcharge per month on transactions between ₹500 and ₹3,000

Renewal Benefit

Get 2,000 reward points worth ₹500 on paying the annual fees, which will be credited to your account within 30 days

2-in-1 Benefits

Enjoy dual benefits by converting your SBI Card reward points into Landmark Rewards at 1LMR = 2.4 SBIC reward points, where 1LMR = ₹0.60

Welcome Offer

Get ₹100 cashback on your first ATM cash withdrawal, provided you avail the facility within 30 days of getting the card

Contactless Advantage

Pay up to ₹5,000 by waving your card at secure merchant outlets for more safety with the VISA payWave technology

Worldwide Acceptance

Use your card at more than 24 million outlets across the globe, including 3,25,000 outlets in India

Instant Redemption

You can redeem your reward points to save on bills while shopping at Lifestyle, Home Centre, Spar, and Max stores

Add-on Cards

Boost your family’s purchasing power with add-on cards for parents, spouse, children, or siblings above 18 years of age

Cash For Emergencies

Enjoy access to cash via withdrawal facility from over 1 million Visa ATMs across the globe

Balance Transfer from Other Cards

Avail a lower rate of interest and pay back in EMIs when you transfer the outstanding balance of other issuers’ credit cards to your card

Pay Utility Bills Easily

Pay your electricity, mobile, telephone, and all other utility bills using the Easy Bill Pay facility

Flexipay Facility

Easily convert any purchase of ₹2,500 and above into EMIs within 30 days of purchase

Lifestyle Home Centre SBI Card’s Rewards Program

This shopping credit card gives you access to two reward programs, SBI Card Rewards and Landmark Rewards. To get started, check the points you have earned on your card. SMS ‘REWARD’ and the last four digits of your card number to 5676791 or log in via net banking to know the number of points you have. You can also refer to your credit card statement or login and ask the chatbot ILA. 

 

Here is how the rewards program works for the Lifestyle Home Centre SBI Card:

 

A. Reward Points
Apart from points earned on regular purchases, this card allows you to earn milestone benefits when you shop from Landmark Stores. This is how it works:

Annual Spends at Landmark Stores (₹)

Bonus Reward Points 

20,000 

1,000 

45,000

2,000 

95,000

5,000

2,00,000

8,000

These 16,000 reward points are worth ₹4,000. 

 

Here is how you can earn reward points on daily and monthly transactions using this SBI Credit Card:

  • You get 5X reward points on every ₹100 spent on dining, movies or at retail and online Landmark Stores

     

Here is an example:

Purchase (Monthly)

Amount

Reward Points

Savings

Spar Grocery Shopping

₹5,000

250

-

Dining Out

₹1,000

50

-

Disclaimer: The above example is for illustration purposes only. 

  • You also earn 1 reward point per ₹100 spent on all other retail purchases, excluding fuel

     

Here is an example:

Purchase (Monthly)

Amount

Reward Points

Savings

Gym Membership

₹2,000

20

-

Fuel Refill

₹5,000

-

50

Disclaimer: The above example is for illustration purposes only. 

 

B. Redemption Process
Redeem your reward points by logging in to your SBI Card credit card account. You can redeem points against books, homeware, electronics, and much more. You can also book travel packages or choose from a collection of shopping vouchers. 

 

A rewards redemption fee of ₹99 is applicable on physical products, statement credit, and vouchers sent to you physically. With the Lifestyle Home Centre SBI Card, you can also convert the SBI Card (SBIC) reward points to Landmark Rewards (LMR). The valuation of this is 1LMR = 2.4 SBIC, where 1LMR = ₹0.60.

 

C. Expiration 

Plan and redeem your reward points regularly as SBI Card points expire 24 months after accrual. 

 

D: Example of Savings

With reference to the examples above, here is a look at what your annual expenses and savings will look like: 

Category

Details

Conversion

Cash Value (₹)

Spar Grocery Shopping

Accelerated Category Spends (5X)
Assuming spends 60,000 pa/ 5,000 pm

Reward Points = 3,000

5X(60,000/100)

750

Dining Out

Accelerated Category Spends (5X)
Assuming spends 12,000 pa/ 1,000 pm

Reward Points = 600

5X(12,000/100)

150

Offline Gym Membership

Normal Category Spends
Assuming spends 24,000 pa/ 2,000 pm

Reward Points = 240

(24,000/100)

60

Fuel Refill

1% Surcharge Waiver
Assuming spends 60,000 pa/ 5,000 pm

5,000 x 1% x 12 

600

Total Annual Savings

 

3,840

1,560

Disclaimer: The above example is for illustration purposes only. The actual rewards and savings may vary based on the policies of the issuer and on the timely payment of credit card dues. Please check with the card issuer before applying. 

 

You have three options:

 

1. Redeem 3,840 points via the SBI Card rewards portal, where you can choose from various retailers such as Puma, MAC, Wildcraft, and more.

 

2. Convert your reward points into cash by contacting SBI Card. Since 4 reward points = ₹1, the cash value of 3,840 rewards = ₹1,560. 


3. Convert your reward points into Landmark Reward points. Since 2.4 SBIC = 1LMR, 3840 points = 1600 LMR, which is ₹960. You can get these savings on shopping at Landmark Stores.

Fees and Charges Associated with the Lifestyle Home Centre SBI Card

Here are the charges and penalties you can expect to incur for or while using the card:

Fee Type

Details

Joining Fee 

₹499 

Annual Fee

₹499 

Reward Redemption Fee

₹99 

Cash Advance Fee

2.50% of the withdrawn amount or ₹500, whichever is higher

Interest Charges

Can go up to 42% per annum

Minimum Amount Due 

5% as per this calculation:

Total GST + EMI amount + 100% of

Fees/Charges + 5% of [Finance charge (if any) + Retail Spends and

Cash Advance (if any)] + Overlimit Amount (if any)

Late Payment Fee

Can go up to ₹1,300 based on the overdue balance

Foreign Transaction Fee

3.50% of the transaction amount

Note: A Goods & Services Tax (GST) of 18% is applicable on the above-mentioned charges.

 

Disclaimer: These fees and charges are also subject to change at the discretion of the issuer. Before applying, check the issuer’s Most Important Terms and Conditions (MITC) document to verify.

Eligibility and Application Process

Check the SBI Lifestyle Home Centre Credit Card eligibility terms before you apply to boost chances of approval. To apply, you need to be: 

  • 21 years old to 70 years old

  • Earning a regular income (salaried or self-employed) 

  • Creditworthy with a good credit score

 

Here is the general list of documents you will need to fill out the application:

  • Proof of Identity:

    1. PAN card

    2. Colour photographs 

    3. Aadhaar card

    4. Passport

  • Proof of Residence:

    1. Utility bill (electricity, water, phone)

    2. Ration card

  • Proof of Income:

    1. Salaried: Latest salary slips (past 2-3 months), Form 16

    2. Self-employed: Income Tax Returns (ITR), bank statements showing income

Apply Online

To get an understanding of how to apply for this card on Bajaj Markets, read the steps below:

  1. Click the ‘Check Eligibility’ button and fill in the required details, including your phone number, date of birth, and occupation 

  2. Enter the One-Time Password (OTP) sent to your phone

  3. Check the pre-filled details like your PAN card number, email ID, residential PIN code, and income information

  4. Apply for the card that suits your needs from the available options

  5. Click the ‘Submit’ button to complete your application

Customer Care

If you have any questions, reach out to SBI Card’s customer care team via phone or email:

  • Call 1800 180 1290 (toll-free), 1860 500 1290, 1860 180 1290, or 39 02 02 02 (Prefix local STD code) 

  • Email customercare@sbicard.com

Lifestyle Home Centre SBI Card vs Others

Before applying for the Lifestyle Home Centre SBI Card, compare it with other cards from the same issuer.

Card Name

Cashback

Complimentary Airport Lounge Access

Fuel Surcharge Waiver

10X Reward Points

SBI Lifestyle Home Centre Credit Card

SimplySAVE SBI Credit Card

IRCTC SBI RuPay Card

SBI ELITE Credit Card

SimplyCLICK SBI Card

SBI Card PRIME

BPCL SBI Card Octane

SBI BPCL Credit Card

SBI Pulse Card

Max SBI Card SELECT 

Disclaimer: The benefits mentioned may change as per the policies of SBI Card. Check them before you apply for a specific card.

Disclaimer

Reference of all T&C necessarily refers to the terms of the Partners as regards to pre-approved offers and loan processing time amongst other conditions.

Frequently Asked Questions

When will I receive the renewal benefit applicable on my Lifestyle Home Centre SBI Card?

You will earn the renewal reward points within 30 days once you pay the renewal fee.

Is airport lounge access available on the Lifestyle Home Centre SBI Card?

No, the Lifestyle Home Centre SBI Card does not offer complimentary airport lounge access.

Will I get any rewards if I shop from Max’s online shopping website using the Lifestyle Home Centre SBI Card?

Yes, you are eligible to get 5X reward points on every ₹100 spent at Landmark Stores.

Can I pay my Lifestyle Home Centre SBI Card bill using my reward points?

Yes, you can settle outstanding credit card bills through your reward points. To do so, you can use points in multiples of 2,000.

What is the fee to get an add-on card on my Lifestyle Home Centre SBI Card?

Currently, add-on cards are available free of cost for the Lifestyle Home Centre SBI Card.

Can I redeem my reward points once my Lifestyle Home Centre SBI Card is closed?

You can redeem the points you accumulate on your SBI Card account within 30 days of closure. This is only if you voluntarily close your account. Otherwise, these points will automatically lapse.

How can I check transactions done 22 months back on my Lifestyle Home Centre SBI Card?

You can log in to your credit card account with the help of your user ID & password to check your transaction details from 22 months ago. You can also login to Chatbot ILA to check the same.

What is the cash value of 1 reward point accrued on swiping my Lifestyle Home Centre SBI Card?

The cash value of 1 reward point = ₹0.25.

How to get the Lifestyle Home Centre SBI Card?

To get the SBI Lifestyle Home Centre Credit Card apply online on Bajaj Markets. Follow a simple and safe digital process and meet the eligibility criteria.

What are the SBI Lifestyle Home Centre Credit Card benefits?

This lifestyle credit card offers you savings on shopping and lifestyle purchases. You can save more than ₹4,600 annually.

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