Landmark Rewards SBI Card

SBI Card • 2.5% back at Lifestyle, Max and Home Centre for a Rs 499 fee

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 is the entry variant of SBI Card's Landmark Group co-brand, covering Lifestyle, Home Centre, Max, Spar, Babyshop and EasyBuy. Spends at those stores earn 10 reward points per Rs 100, worth 2.5% at the standard value of Rs 0.25 per point, and points can be converted into Landmark Rewards for use across the group's stores. Dining, movies and international spends earn 5 points per Rs 100. The joining fee of Rs 499 is mostly offset by 2,000 welcome points worth Rs 500, and the same points benefit repeats on renewal, which softens the lack of a spend based fee waiver. Spending Rs 2 lakh in a year adds an 8,000 point milestone bonus worth Rs 2,000. If you rarely shop at Landmark brands, the 0.25% base earn elsewhere will not justify the card.

Annual Fee (+ 18% GST)₹499 (₹589 incl. GST)

Fee WaiverNo spend based fee waiver

Joining Perk2,000 bonus Reward Points worth Rs 500 on payment of the joining fee, with the same 2,000 points benefit again on renewal

Primary Reward10 Reward Points per Rs 100 at Landmark Group stores (Lifestyle, Home Centre, Max, Spar, Babyshop and EasyBuy), 5 points per Rs 100 on dining, movies and international spends, and 1 point per Rs 100 on other retail spends; 4 points = Rs 1

Airport Lounge AccessNo complimentary lounge access on this base variant

Forex Markup3.5% + 18% GST

RuPay UPINo

Best ForShoppers who regularly buy clothing, home goods or groceries at Lifestyle, Max, Home Centre and Spar

What We Like

10 reward points per Rs 100 (2.5% value) at Lifestyle, Home Centre, Max, Spar and other Landmark stores
Welcome and renewal benefits of 2,000 points worth Rs 500 each offset the Rs 499 fee
8,000 bonus points worth Rs 2,000 on Rs 2 lakh of annual spends
1% fuel surcharge waiver up to Rs 100 per statement cycle

Watch Out

No spend based waiver of the renewal fee
Only 1 point per Rs 100 on other retail spends
No lounge access on the base variant

MITC & Hidden Charges

Reward Points are worth Rs 0.25 each (4 points = Rs 1) and give their full value mainly at Landmark Group stores. Fuel spends earn no points. A redemption fee of Rs 99 plus GST applies on small redemptions below 1,000 points. The Rs 499 renewal fee is not waived on spends; the 2,000 renewal points worth Rs 500 are the offset, and they are useful only if you shop at Landmark stores.

Last verified against MITC: 21 October 2026 • View official MITC →

Landmark Rewards SBI Card FAQs

What is the welcome benefit on the Landmark Rewards SBI Card?

2,000 bonus reward points worth Rs 500 on payment of the joining fee. The same 2,000 points benefit is given again on renewal.

Is the annual fee waived on spends?

No. The Rs 499 renewal fee is not waived on spends, though the 2,000 renewal points worth Rs 500 largely offset it for Landmark shoppers.

What are the points worth?

4 reward points equal Rs 1. Points can be redeemed at Landmark Group stores like Lifestyle, Home Centre, Max and Spar, or converted into Landmark Rewards.