Lifestyle Home Centre SBI Card Prime

The Lifestyle Home Centre SBI Card Prime is a credit card tailored for the younger demographic with a penchant for shopping and dining. Geared towards its specific audience, this card provides an attractive incentive of 15 reward points for every Rs. 100 spent at Landmark Stores such as Lifestyle, Home Centre, Max, and Spar, whether online or offline. Additionally, users earn 2 reward points for every Rs. 100 spent at retail outlets beyond the Landmark Stores. The card also offers 10 reward points for expenditures on dining and movies. To avail of these benefits, there is a joining fee of Rs. 2,999 plus GST.

Key Highlights of Lifestyle Home Centre SBI Card Prime

  1. Enjoy a 1% discount on fuel surcharge for fuel expenses ranging from Rs. 400 to Rs. 5,000.
  2. Earn 10 reward points for every Rs.100 spent on dining and movies when you swipe your card.
  3. Receive 12,000 reward points as a bonus, equivalent to Rs. 3,000, upon payment of the annual fees.

Features and Benefits of Lifestyle Home Centre SBI Card Prime

The Lifestyle Home Centre SBI Card Prime offers several features and benefits:

1. Welcome Benefits:

  • Earn 12,000 bonus reward points (Rs. 3,000 equivalent) upon annual fee payment.
  • Receive reward points within 30 days of paying the annual fee.

2. Fuel Benefits:

  • 1% fuel surcharge waiver on expenses between Rs. 400 and Rs. 5,000
  • Maximum monthly fuel surcharge waiver of Rs. 250

3. Milestone Benefits:

  • Get 20,000 bonus reward points when annual retail expenses reach Rs. 5,00,000
  • Earn 58,000 reward points, equivalent to Rs. 14,500

4. Reward Points Benefits:

  • 15 reward points per Rs. 100 spent at online and retail Landmark stores.
  • 10 reward points per Rs. 100 spent on dining and movies.
  • Earn 2 reward points for every Rs. 100 on non-fuel retail purchases.
  • 4 reward points equal Rs. 1

5. Renewal Benefits:

  • Receive 12,000 reward points (Rs. 3,000 equivalent) upon renewal fee payment.

6. Airport and Lounge Benefits:

  • Enjoy 8 free domestic airport lounge visits annually.
  • Maximum 2 visits per quarter.

7. Reward Redemption:

  • Convert reward points to Landmark Rewards with a value of 1 Landmark Reward = Rs.0.60.

8. Complimentary Priority Pass Membership:

  • Receive complimentary Priority Pass membership worth $99.
  • Enjoy a maximum of 2 visits per quarter and 4 complimentary visits per year.

Lifestyle Home Centre SBI Card Prime Fees and Charges

Explore the fee structure for the Lifestyle Home Centre SBI Card Prime and discover the financial advantages that come with it.

  1. Joining Fee: Cost: Rs. 2,999 + GST
  2. Renewal Fee: Cost: Rs. 2,999 + GST
  3. Rewards Redemption Fee: Cost: Rs. 99
  4. Foreign Currency Markup: Rate: 3.5%
  5. Interest Rates: Monthly Rate: 3.50%
  6. Fuel Surcharge: Benefit: Avail 1% waived off on fuel purchases ranging from Rs. 500 to Rs. 4000 anywhere in India.
  7. Cash Advance Charges: Rate: 2.5% or Rs. 500 (whichever is higher) at national & international ATMs

Eligibility Criteria for Lifestyle Home Centre SBI Card Prime

Here are essential criteria for applying for an Lifestyle Home Centre SBI Card Prime:

1. Age Eligibility: Applicants must fall within the age range of 23 to 60 years to be eligible.
2. Income Criteria:

  • The income criteria are flexible and determined individually for each applicant.
  • The bank has the authority to decide the specific income requirement for each applicant.

3. Credit Score Requirement:

  • A relatively good credit score is essential for eligibility.
  • It is preferable for the credit score to be above 650 for successful consideration.

Documents Required for Lifestyle Home Centre SBI Card Prime

To apply for the Lifestyle Home Centre SBI Card Prime, you will typically need to provide the following documents:

1. Proof of Identity:

  • PAN Card
  • Aadhaar Card
  • Driver’s License
  • Passport
  • Voter’s ID
  • Overseas Citizen of India Card
  • Person of Indian Origin Card
  • Job card issued by NREGA
  • Letters issued by the UIDAI

2. Proof of Address:

  • Aadhaar card
  • Driver’s License
  • Passport
  • Utility Bill (not more than 3 months old)
  • Ration Card
  • Property Registration Document
  • Person of Indian Origin Card
  • Job card issued by NREGA
  • Bank Account Statement

3. Proof of Income:

  • Latest one or two salary slips (not more than 3 months old)
  • Latest Form 16
  • Last 3 months’ bank statement

How To Apply for Lifestyle Home Centre SBI Card Prime?

Follow these steps to apply for the Lifestyle Home Centre SBI Card Prime:

Online Application Process:

  1. Access the SBI Card Prime application page through the following link: https://www.sbicard.com/en/personal/credit-cards/shopping/hc-sbi-card-prime.page.
  2. Input your personal details, including your first name, email ID, city, and mobile number.
  3. A One-Time Password (OTP) will be sent to your registered mobile number. Enter the OTP and click on ‘Apply Now’.
  4. Complete the application form and upload the required documents.

Offline Application Process:

  1. Visit the nearest SBI branch.
  2. Bring along all the necessary documents along with the completed application form.
  3. Submit the documents and form to the branch.
  4. A representative from the bank will assist you throughout the application process.

Frequently Asked Questions (FAQs) –

Q1: What is the Lifestyle Home Centre SBI Card Prime?

A1: The Lifestyle Home Centre SBI Card Prime is a credit card offered in collaboration between State Bank of India (SBI) and Lifestyle and Home Centre. It is designed to provide cardholders with exclusive benefits and rewards on lifestyle and home-related purchases.

Q2: What are the key features of the Lifestyle Home Centre SBI Card Prime?

A2: Some key features include accelerated reward points on Lifestyle, Home Centre, and Departmental Store spends, milestone benefits, dining privileges, and fuel surcharge waiver. Cardholders also enjoy access to exclusive events and discounts.

Q3: How can I apply for the Lifestyle Home Centre SBI Card Prime?

A3: You can apply for the card online through the official website of State Bank of India or by visiting an SBI branch. The application process typically involves filling out an online form and providing necessary documents.

Q4: What are the reward points offered by this credit card?

A4: The Lifestyle Home Centre SBI Card Prime offers accelerated reward points on specific categories, such as Lifestyle and Home Centre spends. These points can be redeemed for a variety of rewards, including shopping vouchers, merchandise, and more.

Q5: Are there any annual fees associated with the Lifestyle Home Centre SBI Card Prime?

A5: Credit card fees may vary, and it’s advisable to check the latest terms and conditions. Some credit cards may have annual fees, while others may offer fee waivers based on spending patterns.

Q6: How can I check my reward points balance?

A6: Cardholders can usually check their reward points balance through the SBI Card website or mobile app. Additionally, monthly statements often provide a summary of accumulated reward points.

Q7: What are the dining privileges offered by the Lifestyle Home Centre SBI Card Prime?

A7: The card may provide dining discounts and offers at select restaurants. Details about participating restaurants and specific discounts can typically be found in the card’s terms and conditions or promotional materials.

Q8: Can I convert my purchases into EMI using this credit card?

A8: Many credit cards, including the Lifestyle Home Centre SBI Card Prime, offer the option to convert purchases into equated monthly installments (EMIs). Cardholders can usually request this service through the bank’s customer service channels.

Q9: What is the eligibility criteria for the Lifestyle Home Centre SBI Card Prime?

A9: Eligibility criteria may include factors such as age, income, credit score, and other financial considerations. Specific details can be obtained from the bank’s website or customer service.

Q10: How can I contact customer support for the Lifestyle Home Centre SBI Card Prime?

A10: Contact information for SBI credit card customer care support, including phone numbers and email addresses, is typically available on the official website of State Bank of India or on the credit card statement.