Who is the Apollo SBI Card SELECT actually for?

It suits people who shop regularly at Apollo 24|7 or Apollo Pharmacy. The 10 RP per Rs. 100 (roughly 10% back) and the up-to-25% Circle value only kick in on Apollo purchases — spending in other categories earns at a much thinner rate.

How do Reward Points redeem?

Points convert exclusively into Apollo Health Credits, at a fixed 1 RP = 1 Health Credit = Re. 1, and can only be spent on Apollo purchases. There's no option to redeem for cash or through a general rewards catalogue.

What health benefits does it include?

Cardholders get a full year of FITPASS PRO membership, a free comprehensive health check-up once they've spent Rs. 50,000 within the first 90 days, and a Rs. 1,500 welcome voucher usable on Apollo 24|7.

How has the Apollo SBI Card SELECT changed over time?

The dated Value Timeline tracked on this page logs 3 changes to the Apollo SBI Card SELECT going back to 2024 — 2 of them devaluations, none an improvement, with the remainder counted as neutral events like launches or restructuring. The latest entry is the 1% fee introduced on third-party education payments and wallet loads (1 November 2025). Every entry is sourced, so figures here can be cross-checked against the issuer's own documentation.

Has the Apollo SBI Card SELECT been devalued recently?

Yes. Our tracking shows 2 devaluations on the Apollo SBI Card SELECT within the past 24 months. Most recently, a 1% fee was added on third-party education payments and wallet loads, effective 1 November 2025 — previously these carried no surcharge, and now a 1% fee applies to third-party education fees and wallet loads above ₹1,000. Every change, with sourcing, is listed in the Value Timeline on this page.

When did the Apollo SBI Card SELECT's fees last change?

The last fee change took effect 1 November 2025, when a 1% fee was introduced on third-party education payments and wallet loads — previously fee-free, now charged at 1% on third-party education payments and wallet loads over ₹1,000. See the fees table on this page for the current schedule, and the Value Timeline for every prior fee change on record.

SBISELECT

Apollo SBI Card SELECT

3.6 / 5SarvCred Editorial Review

Check my eligibility

SBI

Apollo SBI Card SELECT

Name: Apollo SBI Card SELECT
Brand: SarvCred
Rating: 3.6 (1 reviews)

Mid-tierFee variesRewardsFuelTravelDining

The Apollo SBI Card SELECT is a ₹1,499 health co-brand that pays 10 Reward Points per ₹100 (~10%) at Apollo 24|7 and Apollo Pharmacy, up to 25% Circle value back on medicine, 2 points per ₹100 on dining, movies and travel, and 1 point per ₹200 elsewhere. Every point is worth Re. 1 but redeems only as Apollo Health Credits, so the value stays inside the Apollo ecosystem. It bundles a genuinely differentiated wellness set — a 1-year FITPASS PRO membership, a complimentary comprehensive health check-up, a ₹1,500 Apollo welcome voucher and a Noise smartwatch at ₹6 lakh spend. Travel extras include 4 domestic lounge visits a year, a 2-year Priority Pass and a 1% fuel surcharge waiver; the ₹1,499 fee is reversed at ₹3 lakh of annual spend.

Key features

What this card is built to do — the highlights that actually matter.

🎁

Welcome Benefit

~₹1,500 in vouchers, points or cashback on card activation

⭐

10% on Groceries

10 RP per Rs. 100 (~10%) at Apollo 24|7 and Apollo Pharmacy only, capped at 5,000 points a statement cycle — beyond that, 1 RP per Rs. 200. Paying by UPI at Apollo earns only 1 RP per Rs. 200, so swipe or tap. 1 RP = 1 Health Credit = Re.1. Mapped to GROCERY as there is no healthcare category

⭐

2% on Dining

2 Reward Points per Rs. 100 (~2%) on Dining, Movies & Entertainment and Travel, capped at 5,000 points a statement cycle SHARED across all three, then 1 RP per Rs. 200; 1 RP = Re.1

✈

️ Airport Lounge Access

1 complimentary visits per quarter at domestic and international airport lounges

💳

Annual Fee Waiver

Fee of ₹1,499 + 18% GST (₹1,769 all-in)/yr fully waived when you spend ₹3,00,000/year

🎯

Milestone Bonus

~₹7,999 in bonus rewards on hitting annual spend milestones

📱

UPI Linked

Link to PhonePe, GPay or Paytm and earn credit card rewards on UPI payments

Full reward structure

Category	Type	Rate	Monthly cap
Groceries	reward points	10%	₹5,000
Dining	reward points	2%	₹5,000
Travel	reward points	2%	₹5,000
Other	reward points	0.5%	—

Fees & charges

Charge	Amount
Annual fee (incl. 18% GST)	₹1,769
Joining fee (incl. 18% GST)	₹1,769
Finance charge (APR)	3.75% p.m.
Forex markup	3.5%
Add-on card fee	Free

Perks & benefits

Estimated annual value beyond rewards — ~₹12,199/yr in total.

✈

️ lounge access ~ ₹3,000 /yr

4 complimentary domestic airport lounge visits a year (max 1 per quarter), plus a 2-year complimentary Priority Pass membership worth US $99

🎯

milestone bonus ~ ₹7,999 /yr

Complimentary Noise smartwatch worth Rs. 7,999 on annual spends of Rs. 6 lakh; renewal fee reversed on Rs. 3 lakh of annual spend

⛽

fuel waiver ~ ₹1,200 /yr

1% fuel surcharge waiver at all petrol pumps across India; maximum Rs. 100 per statement cycle

Spend milestone

· ₹6,00,000 a year ₹7,999 of value

Should you get it?

Best for: Frequent Apollo Pharmacy and Apollo 24|7 customers, Families with recurring medicine and health spends, Users who value FITPASS and annual health check-ups

Mid tier — a solid all-rounder for steady monthly spend.

Strongest value if you spend heavily on Groceries ( 10% back).

Frequent travellers benefit from the included airport lounge access.

✓ Pros

Up to 25% Circle value back plus 10 RP per Rs. 100 at Apollo 24|7 and Apollo Pharmacy
Strong wellness bundle - 1-year FITPASS PRO and a complimentary comprehensive health check-up
Domestic lounge access and a 2-year Priority Pass membership
Rs. 1,500 Apollo welcome voucher and a Noise smartwatch milestone reward

✕ Cons

Reward Points redeem only as Apollo Health Credits - useless if you do not use Apollo
Off-Apollo earn rate is thin (2% on lifestyle, 0.5% on everything else)
Rs. 1,499 fee needs Rs. 3 lakh of annual spend to waive
3.5% forex markup; not a card for international spends

Eligibility & documents

Min. income

₹30,000 /mo

Employment

Salaried · Self-employed

Documents required

PAN card
Aadhaar / address proof
Income proof (salary slips or ITR)
Recent passport-size photograph

How to redeem rewards

Ways to convert what you earn into real value.

🎁 Reward Points convert 1:1 to Apollo Health Credits (Re. 1 each), redeemable at Apollo

🎁 No cash redemption - value is locked to the Apollo ecosystem

What your SBI Reward Points are worth

Realistic value per point by redemption route — the difference is what most people leave on the table.

Statement credit BEST Capped at 60,000 pts/month from Apr 2026

₹ 0.25 /pt

Rewards catalogue / vouchers BEST Vouchers & merchandise

₹ 0.25 /pt

The concern Reward Points redeem only as Apollo Health Credits, so outside the Apollo ecosystem the headline value is unreachable and general spends earn just 0.5%.

The bottom line

This is one of the rare Indian cards where the health angle is substance rather than marketing gloss — a regular Apollo shopper genuinely benefits from the 10% earn rate, the Circle value, FITPASS, and the health check-up, all tied to spending they'd likely do anyway. The catch is that redemption is boxed in: everything converts to Apollo Health Credits and nothing else. For someone already woven into the Apollo ecosystem, that's a meaningful, distinctive card. For anyone outside it, the headline numbers don't translate into real value.

Sources & verification

Fees, reward rates, and benefits for the Apollo SBI Card SELECT are taken from SBI Card 's official Most Important Terms & Conditions (MITC) and fee schedule — see the card's official page . Last verified 15 Aug 2026 . Reviewed by Devchandra Sah . Always confirm current details on the issuer's site before applying. How we research →

Independence. CardAdvisor is an independent editorial publication. We are not affiliated with, endorsed by, sponsored by, or authorised to act for SBI Card . All issuer names, product names, and payment-network marks are the property of their respective owners and appear here for identification and comparison only. Card faces shown on this site are our own original illustrations — we do not display or host issuer card artwork or logos.

Value timeline

Every real-world change to this card's rewards, fees and benefits we've tracked — newest first, each linked to its source.

Tracking since 2025 · 3 changes · last change Nov 2025

▲ Revaluation ▼ Devaluation ◆ Neutral / reversed

2025 2 changes — 1 cut, 1 neutral

▼ Fee Effective 1 Nov 2025

1% fee on third-party education payments & wallet loads

No surcharge on education/wallet-load spends → 1% fee on 3rd-party education fees & wallet loads over ₹1,000

In its system-wide fee revision effective 1 November 2025, SBI Card added a 1% fee on education-fee payments made via third-party apps/aggregators (Paytm, PhonePe, Razorpay, etc.; direct school/college website or campus POS payments stay free) and a 1% fee on digital-wallet loads exceeding ₹1,000. Applies to the Apollo SBI Card SELECT.

Verification: SBI Card ↗ · Confidence: High

◆ Launch Effective 15 May 2025

Apollo SBI Card SELECT launched

SBI Card and Apollo HealthCo launched the Apollo SBI Card SELECT, a ₹1,499 joining/renewal health co-brand (fee reversed at ₹3 lakh annual spend): 10 Reward Points per ₹100 (~10%) at Apollo 24|7 and Apollo Pharmacy plus up to 25% total value back via Apollo Circle, 2 RP per ₹100 (~2%) on dining, movies and travel, and 1 RP per ₹200 (~0.5%) elsewhere — every point worth Re. 1 but redeemable only as Apollo Health Credits. It bundled a 1-year FITPASS PRO membership, a complimentary comprehensive health check-up, a ₹1,500 Apollo welcome voucher, a Noise smartwatch at ₹6 lakh spend, 4 domestic lounge visits a year with a 2-year Priority Pass, and a 1% fuel surcharge waiver.

Verification: SBI Card ↗ · Confidence: High

2024 1 change — 1 cut

▼ Reward Effective 1 Dec 2024

Digital gaming spends stop earning

Reward Points earned → No Reward Points on MCC 5816, 7993, 7994

From 1 December 2024 the card stopped accruing Reward Points on spends at Digital Gaming Platforms and Merchants (MCC 5816, 7993 and 7994), named as a numbered clause in the card's own T&C booklet. This is a TWO-CARD event, not a portfolio-wide one: the Shaurya, Doctor's, Doctor's-IMA and Apollo booklets carry no equivalent clause. Recorded here 2026-08-06 after the SBI audit; it now binds in card-data via an ONLINE_GAMING exclusion.

Verification: SBI Card ↗ · Confidence: High

Each change links to the issuer's own document — bank T&C, MITC, notice, press release or product page — where one is public. Where the bank published nothing, it's marked CardAdvisor Research and verified against the card's current terms. Independent of the live terms shown above. This timeline is one card's slice of our market-wide change record across every tracked card.

Embed this timeline on your site Free to use. Facts only — dates, changes and before/after values. Please keep the credit line below the frame: it's the only part search engines can see, and it's what we ask for in return.

Source: Apollo SBI Card SELECT value timeline — CardAdvisor

“ Cite this timeline Quoting a date or a before/after figure? Copy the HTML version — it credits the record with a working link.

HTML (with link) Plain text Copy

Source: Apollo SBI Card SELECT value timeline , CardAdvisor (CC BY 4.0).

Want to know if this beats your current card for your spending?

Apply now → Compare with my profile

Applications are submitted to and decided by SBI Card . CardAdvisor does not issue cards or process applications.

Find your best card

Answer 5 questions. Get a personalised shortlist with ₹ value estimates.

Find my card →

Quick summary

Type Mid credit card

Reward rate 0.5%–10%

Best for Frequent Apollo Pharmacy and Apollo 24|7 customers

Joining fee ₹1,499

Annual fee ₹1,499

Reviewed by

Devchandra Sah · Cards tested, miles earned, trips booked — for over a decade

Last verified 15 Aug 2026

How we research →

Useful links

Rewards calculator

Estimate any card’s annual value

Points valuations

What each point is really worth

Latest card changes

Live fee & reward-rate tracker

Market insights

The Indian card landscape

Card data study 2026

280 cards analysed — August 2026

FAQs

Frequently asked questions

Check your eligibility for this card

Answer a few quick questions and our team will reach out with matching card offers based on your profile.