SBI Cashback Credit Card
SBI Card
The ultimate zero-hassle online shopping card in India.
95/100✓ MITC verified
Annual Fee₹999 + GST
Reward5% Flat Cashback on online merchant spends
LoungeNo complimentary lounge access
Apply Now →Apollo SBI Card SELECT
SBI Card
Up to 25% value back on your family's health spends
69/100✓ MITC verified
Credwiser Score 69/100
Apollo SBI Card SELECT
SBI Card • Up to 25% value back on your family's health spends
By Deepak • Co-founder, Credwiser
Figures checked against the issuer's official MITC • Last verified 21 October 2026 • How we score
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This health focused co-branded card, launched in May 2025, stacks two layers of value on Apollo spends: 10% back as SBI Reward Points and up to 15% back as Health Credits on medicines (up to 20% on diagnostic tests), for a combined value back of up to 25% on the Apollo 24|7 app and at Apollo Pharmacy stores. Points convert 1 to 1 into Health Credits that pay for medicines, consultations and tests across Apollo. The package also includes Apollo Circle benefits, a complimentary health check-up, a 1 year FITPASS PRO membership, a Rs 1,500 welcome voucher and a Noise smartwatch worth Rs 7,999 on Rs 6 lakh of annual spends. The Rs 1,499 fee is waived on Rs 3 lakh of annual spends. You choose RuPay or Mastercard when you apply. The honest limitation is that almost all the value stays inside the Apollo ecosystem.
Annual Fee (+ 18% GST)₹1,499 (₹1,769 incl. GST)
Fee Waiver₹3,00,000 annual spend
Joining PerkApollo 24|7 e-gift voucher worth Rs 1,500 on payment of the joining fee, built in Apollo Circle benefits and a complimentary 1 year FITPASS PRO membership
Primary Reward10 Reward Points per Rs 100 at Apollo 24|7 and Apollo Pharmacy, plus up to 15% back as Health Credits on medicines and up to 20% on diagnostic tests, 2 points per Rs 100 on dining, movies, entertainment and travel, and 1 point per Rs 200 on other spends; 1 point = 1 Health Credit = Rs 1 inside Apollo
Airport Lounge Access4 complimentary domestic lounge visits a year (1 per quarter) plus complimentary Priority Pass membership for 2 years, with international lounge visits chargeable
Forex Markup3.5% + 18% GST
RuPay UPIYes — RuPay UPI enabled
Best ForHouseholds with regular medicine orders, doctor consultations and diagnostic tests on Apollo 24|7 or at Apollo Pharmacy
What We Like
- 10% back as reward points plus up to 15% as Health Credits on Apollo medicine spends
- Complimentary health check-up, Apollo Circle benefits and 1 year FITPASS PRO membership
- Rs 1,500 welcome voucher covers the first year fee
- Choice of RuPay or Mastercard network at application
Watch Out
- Points redeem only as Apollo Health Credits, not as cash or statement credit
- Base earn on other spends is a low 1 point per Rs 200
- Full rate Apollo earn is capped at 5,000 points a month
MITC & Hidden Charges
Reward Points can be redeemed only as Apollo Health Credits inside Apollo 24|7 and Apollo Pharmacy, so the value stays locked in the Apollo ecosystem. Apollo spends earn at the full rate up to 5,000 points a month; beyond that the earn rate drops to 0.5%. SBI Reward Points are valid for 24 months and Health Credits for 1 year. The card network (RuPay or Mastercard) is chosen at application and cannot be changed later.
Last verified against MITC: 21 October 2026 • View official MITC →
Apollo SBI Card SELECT FAQs
How much do I get back on medicines with the Apollo SBI Card SELECT?
10% back as SBI Reward Points plus up to 15% back as Health Credits on medicine purchases at Apollo 24|7 and Apollo Pharmacy, a combined value back of up to 25%.
Is the annual fee waived?
Yes. The Rs 1,499 annual fee is waived if you spend Rs 3,00,000 or more in the previous card membership year.
What can I do with the reward points?
Points convert 1 to 1 into Apollo Health Credits, which pay for medicines, doctor consultations and diagnostic tests on Apollo 24|7 and at Apollo Pharmacy stores.
Alternatives to Consider
HDFC Millennia Credit Card
HDFC Bank
HDFC’s flagship cashback card for young professionals.
86/100✓ MITC verified
Annual Fee₹1,000 + GST
Reward5% Cashback on Amazon, Flipkart, Swiggy, Zomato, Uber, Myntra
LoungeNo standalone lounge access: 1 domestic lounge visit per quarter is offered only as a milestone choice instead of a ₹1,000 gift voucher, on ₹1,00,000 or more spends in that quarter
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