Landmark Rewards SBI Card SELECT

· ₹3,00,000 a year ₹3,000 of value

Best for: Regular shoppers at Lifestyle, Home Centre, Max, Spar and Baby Shop, Landmark Group households spending Rs.3 lakh-plus a year, Shoppers who want strong store rewards without paying for lounge access

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

Strongest value if you spend heavily on Online Shopping ( 3.75% back).

• 15 Reward Points per Rs.100 (~3.75%) at Lifestyle, Home Centre, Max, Spar, Baby Shop and EasyBuy
• 6,000 welcome points (Rs.1,500) plus 12,000 bonus points (Rs.3,000) on Rs.3 lakh annual spend
• Points redeem instantly in-store at Landmark brands at 4 points to the rupee
• Mid-tier Rs.1,499 fee — cheaper entry to Landmark rewards than the PRIME card

• Rewards value only Rs.0.25 each and are most useful only at Landmark Group stores
• Base rate is a thin 2 RP per Rs.100 (~0.5%); fuel, rent, government, gaming, wallet and EMI earn nothing
• No lounge access — that sits on the PRIME variant; no spend-based fee reversal
• SBI's own two documents disagree here: the SELECT product page publishes no lounge benefit, but SBI's 10 Jan 2026 domestic-lounge revision notice lists Landmark Rewards SBI Card SELECT among the eligible cards. We follow the product page and do not credit any lounge value — confirm with SBI before assuming you have it

Ways to convert what you earn into real value.

🎁 Closed-loop only: convert Reward Points into Landmark Rewards (LMR) by calling the SBI Card helpline — 2.4 Reward Points = 1 LMR = Rs. 0.60, i.e. Rs. 0.25 a point

🎁 Spend the resulting Landmark Rewards in-store at Lifestyle, Home Centre, Spar, Max, Baby Shop and EasyBuy

🎁 A redemption fee of Rs. 99 plus GST applies below 1,000 points — enough to wipe out a small balance

Representing the balanced mid-point in the Landmark co-brand portfolio, the SELECT variant offers stronger reward acceleration than the entry card at half the price of the PRIME. It easily recoups its cost for consistent Landmark Group shoppers, but those with varied retail habits or occasional store visits will find the 0.5% base return and partner-locked redemption structure overly limiting.

Sources & verification

Fees, reward rates, and benefits for the Landmark Rewards 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 5 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.

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 · 4 changes · last change Apr 2026

▲ Revaluation ▼ Devaluation ◆ Neutral / reversed

▼ Redemption Effective 1 Apr 2026

Statement-credit redemption capped

Uncapped, any amount → Max 60,000 pts/month, in 4,000-pt multiples

From 1 April 2026 SBI Card capped reward-point statement-credit redemption at 60,000 points a month and only in multiples of 4,000 points. Recorded here 2026-08-06 - the cap applies across SBI's Reward Point cards and had been carried on only a few card files.

Verification: SBI Card ↗ · Confidence: High

◆ Launch Effective 11 Nov 2025

Landmark Rewards SBI Card SELECT launched

SBI Card and Landmark Rewards launched a three-card co-brand ladder; SELECT is the ₹1,499 middle rung. It earns 15 Reward Points per ₹100 (~3.75%) at Landmark stores — Lifestyle, Home Centre, Max, Spar, Baby Shop and EasyBuy — 10 per ₹100 on dining, movies and international spends and 2 per ₹100 (~0.5%) elsewhere, where 4 points equal ₹1 and redeem instantly in-store. A 6,000-point welcome (₹1,500) and a 12,000-point milestone (₹3,000) at ₹3 lakh annual spend offset the fee; no lounge access and no spend-based fee reversal. Fuel, rent, government, gaming, wallet and EMI earn nothing from launch.

Verification: SBI Card ↗ · Confidence: High

▼ Fee Effective 1 Nov 2025

Portfolio fee revision (education and wallet-load fees added)

SBI Card's portfolio-wide fee revision added a 1% fee on education payments made through third-party apps and a 1% fee on every wallet load above Rs.1,000, alongside higher cash-payment, cheque-dishonour and cash-withdrawal charges. The MITC also carries a 1% Utility Payments Fee where utility spend exceeds Rs.50,000 in a billing cycle (from 1 Dec 2024) and a Rs.199 processing fee on every rent-payment transaction. Recorded here 2026-08-06; the change applied portfolio-wide but had only been carried on a single card file.

Verification: SBI Card ↗ · Confidence: High

▼ Reward Effective 1 Sept 2025

Gaming and government spends stop earning

Reward Points earned → No Reward Points on digital gaming platforms or government transactions

SBI's customer notice dated 1 August 2025 states that from 1 September 2025, accrual of Reward Points on spends at Digital Gaming Platforms and Merchants, and on Government-related transactions, is discontinued for the Lifestyle Home Centre / Spar / Max SBI Credit Card and its SELECT and PRIME variants. Recorded here 2026-08-06. Note what the notice also shows: SBI already named all three tiers under the previous brand a full three months before the 11 November 2025 date our timeline carried as a launch, which is why that event is now described as a rebrand.

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.

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Source: Landmark Rewards SBI Card SELECT value timeline — CardAdvisor

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Quick summary

Type Mid credit card

Reward rate 0.5%–3.75%

Best for Regular shoppers at Lifestyle, Home Centre, Max, Spar and Baby Shop

Joining fee ₹1,499

Annual fee ₹1,499

Reviewed by

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

Last verified 5 Aug 2026

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