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| Monthly Spend | ₹5K | ₹10K | ₹20K | ₹50K | ₹100K |
|---|---|---|---|---|---|
| Net Reward Yield | (-1.9%)^ | (-0.5%)^ | 0.2% | 1.0% | 0.9% |
| Est. Monthly Reward (₹) | (95) | (55) | 35 | 515 | 915 |
| All-India Rewards Rank* | 266 | 275 | 267 | 117 | 139 |
| Within Bank Rank* | 38 | 47 | 51 | 38 | 43 |
| * Based on est. net reward yield for nearly 400 credit cards in India, for each monthly spending level. Read about how we calculate the net reward yield here.
^The negative figure means at this level of monthly spends, the rewards earned in a year will be worth less than the annual fee. |
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The Max SBI Card SELECT offers 2.5% effective rewards for all spending at Online & Retail Landmark Stores (Lifestyle, Home Centre, Max and Spar) and for Dining & Movies. All other spending earns 0.5% only.
The Max SELECT has an average net reward yield of 0.7% for monthly spends above ₹20,000. Due to a non-waivable annual fee of ₹1,499, this card is not rewarding if you charge less than ₹20,000 a month.
The CASHBACK SBI Card is the best credit card from SBI Card, no matter how much you spend in a month. It offers a net rewards yield of 1.3-2.3% on all your transactions.
Our list of the best credit cards in India, at every spending level and from every bank, is here. You can find a detailed discussion of our methodology here.
| Card | Max SBI Card SELECT |
|---|---|
| Card Type | Reward Points |
| Cashback Features | – 10 Reward Points / 100 Rs. spent at Online & Retail Landmark Stores (Lifestyle, Home Centre, Max and Spar), Dining & Movies.
– 2 Reward Points / 100 Rs. spent on everything else |
| Milestone Rewards | – Cumulative milestone benefit up to 34,400 Points worth ₹8,600 on spending ₹2.5 lacs at Landmark Stores |
| Other Rewards | Nil |
| Rewards Redemption Fee | ₹99 |
| Cashback Caps | Unlimited |
| Preferred Redemption Method | Redeem points by converting to Landmark Rewards Website @₹0.25 / Reward Point |
| Card | Max SBI Card SELECT | |
|---|---|---|
| Joining Fee | ₹1499 + Taxes | |
| Annual Fee | ₹1499 + Taxes | |
| Min. Annual Credit Card Spend for Fee Waiver |
N/A | |
| Income Criteria | Salaried | N/A |
| Self-employed | N/A | |
| Supplementary Card Fee | Free | |
| Interest Rate | 42.00% | |
| Foreign Currency Markup | 3.50% | |
| Cash Advance Charge | 2.50% with a minimum of ₹500 | |
| Card Association | Visa | |
Questions? Suggestions? See a mistake? Write to us!
Our analysis of 100s of flights shows that miles from international airlines are worth much less in India that they are globally, between 16-54% less. Their value in India is between ₹0.50/mile for the Etihad to ₹0.80/mile for BA & SQ.
2 Free Movie / Stream / Play / Events / Sports / Activities tickets up to ₹250 each and ₹100 off on F&B Spends on BookMyShow tickets.
8 reward points / ₹400 on bill payments & education and 1 point on all other spends. Fuel surcharge waiver of up to ₹100 per month.
