Lifestyle Home Centre SBI Card

Introducing the Lifestyle Home Centre SBI Card, a specialized shopping credit card recently unveiled by SBI Card. Tailored for avid shoppers frequenting Lifestyle, Home Centre, Max, and Spar stores, this card is part of a trio, including Lifestyle Home Centre SBI Card SELECT and Lifestyle Home Centre SBI Card Prime.

This credit card ensures you earn valuable reward points with every purchase at the designated stores, as well as for dining and movie transactions. As an added perk, you can accumulate up to 16,000 reward points annually, equivalent to Rs. 4,000, through milestone benefits. Additionally, upon renewing the card, enjoy an extra 2,000 reward points each year.

Key Highlights of Lifestyle Home Centre SBI Card

  1. Earn 2,000 bonus reward points, equivalent to Rs. 500, upon payment of annual fees.
  2. Receive 5 reward points for both online and offline expenses made at Landmark Stores.
  3. Enjoy a 1% fuel surcharge waiver on eligible transactions.
  4. Unlock milestone benefits for added advantages.

Features and Benefits of Lifestyle Home Centre SBI Card

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

1. Welcome Benefits: Receive 6,000 reward points upon payment of the joining fee.

2. Cashback Benefits: Avail a cashback of Rs.100 for the initial ATM cash withdrawal using the card.

3. Renewal Benefits: Upon paying the renewal fee, obtain 2,000 reward points.

4. Reward Point Benefits:

  • Earn 5 reward points for every Rs.100 spent on miscellaneous expenses.
  • Gain 10 reward points for every Rs.100 spent on online and in-store purchases at Landmark Stores (Home Centre, Lifestyle, etc.).
  • Each reward point is equivalent to Rs.4.

5. Fuel Benefits: Enjoy a 1% fuel surcharge waiver on all transactions.

6. Milestone Benefits:

  • Achieve a cumulative milestone benefit of 16,000 reward points, equivalent to Rs.4,000.
  • Receive 8,000 bonus reward points upon spending Rs.2 lakh in a year.

Lifestyle Home Centre SBI Card Fees and Charges

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

  1. Joining Fee: You are required to pay a Joining fee of Rs. 499 (plus applicable taxes) when applying for the Lifestyle Home Centre SBI Card.
  2. Annual Fee: An Annual fee of Rs. 499 (plus applicable taxes) is applicable for the Lifestyle Home Centre SBI Card.
  3. Interest Rate: If you fail to clear all dues by the payment due date, an interest rate of 3.5% per month (42% per annum) will be charged on the outstanding amount on the card.
  4. Forex Mark-up Fee: For foreign currency transactions made with the Lifestyle Home Centre SBI Card, a Forex mark-up fee of 3.5% (plus applicable taxes) of the transaction amount will be applied.
  5. Cash Advance Charges: When conducting cash advance transactions on the Lifestyle Home Centre SBI Card, you will incur a charge of 2.5% of the withdrawn amount or a flat fee of Rs. 500 (whichever is higher).

Eligibility Criteria for Lifestyle Home Centre SBI Card

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

  1. Age Requirement: Applicants must fall within the age range of 21 to 70 years.
  2. Income Stability: A prerequisite for eligibility is a consistent and stable income source.
  3. Credit Score Consideration: The applicant’s credit score may influence the evaluation process.

Documents Required for Lifestyle Home Centre SBI Card

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

  1. Identity Proof options include Aadhar Card, Voters’ ID, PAN Card, Passport, and Driving License.
  2. Address Proof alternatives consist of Aadhar Card, Utility Bills, Driving License, and Passport.
  3. Income Proof can be established with the submission of either the latest salary slips, the most recent bank statements, or the latest Income Tax Return (ITR).

How To Apply for Lifestyle Home Centre SBI Card?

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

  1. Access the specified link: https://www.sbicard.com/en/personal/credit-cards/shopping/lifestyle-hc-sbi-card.page.
  2. Input personal information including your name, city, email ID, and mobile number.
  3. Receive a One-Time Password (OTP) on your registered mobile number, enter it, and select ‘Apply Now.’
  4. Complete the application form and submit required documents.

Frequently Asked Questions (FAQs) –

1. What benefits does the Lifestyle Home Centre SBI Credit Card offer?

The card provides a range of benefits, including exclusive discounts, rewards, and special offers on lifestyle and home center purchases. It also offers additional perks such as reward points and cashback.

2. How can I apply for the Lifestyle Home Centre SBI Credit Card?

To apply for the card, visit the official SBI Card website or follow the provided link. Complete the application process by providing personal details, and submitting the necessary documents as per the instructions.

3. What is the One-Time Password (OTP) used for during the application process?

The OTP is a security measure sent to your registered mobile number. It is used to verify your identity and ensure the security of the application process. Enter the OTP to proceed with your application.

4. What documents are required for the Lifestyle Home Centre SBI Credit Card application?

Typically, you will need to submit identity proof, address proof, income proof, and a passport-sized photograph. Check the specific document requirements outlined in the application form or guidelines.

5. Can I track the status of my Lifestyle Home Centre SBI Card application?

Yes, you can track the status of your application online. Use the provided application reference number to check the current status and receive updates on the progress of your card application.