Lifestyle Home Centre SBI Credit Card - Complete Details, Features & Benefits
About Lifestyle Home Centre SBI Credit Card
The Lifestyle Home Centre SBI Credit Card is a premium shopping credit card designed specifically for home decor and lifestyle enthusiasts. This co-branded card by SBI Card and Lifestyle Home Centre offers exclusive benefits, discounts, and rewards when shopping at Lifestyle Home Centre stores across India. Cardholders enjoy special privileges like welcome vouchers, accelerated reward points on purchases, and access to exclusive sales events. With attractive reward redemption options and anniversary benefits, this card is ideal for frequent shoppers at Lifestyle Home Centre who want to maximize their savings while furnishing their homes.
Key Details
| Card Issuer | SBI Card |
|---|---|
| Joining Fee | ₹1,499 + GST |
| Renewal Fee | ₹1,499 + GST (waived on spending ₹1.5 lakh in previous year) |
| Card Category | Lifestyle & Shopping |
| Rewards | 10 Reward Points per ₹100 spent at Lifestyle Home Centre, 5 RP per ₹100 elsewhere |
| Airport Lounge | 4 complimentary visits per year (Domestic) |
| Railway Lounge | Not Available |
Additional Card Details
- Welcome Benefit: Get a voucher worth ₹2,500 on payment of joining fee
- Anniversary Benefit: Get a voucher worth ₹2,500 on spending ₹1.5 lakh in the previous year
- Fuel Surcharge Waiver: 1% fuel surcharge waiver (min. transaction ₹500, max. ₹500 per month)
- Interest Rate: 3.35% per month (40.2% per annum)
- Cash Advance Fee: 2.5% of amount (min. ₹300)
- Foreign Currency Markup: 3.5% on international transactions
- Contactless Payments: Yes (Tap & Pay)
Features & Benefits
- Exclusive 5% discount at Lifestyle Home Centre stores on weekends
- Special access to VIP sales and preview events at Lifestyle Home Centre
- 10X Reward Points on all Lifestyle Home Centre purchases
- 5X Reward Points on dining, groceries, and utility bill payments
- Complimentary domestic airport lounge access (4 visits per year)
- Comprehensive insurance cover including air accident cover and lost card liability
- Contactless payment feature for quick and secure transactions
- Easy EMI conversion option for large purchases
Rewards & Cashback
- Lifestyle Home Centre Purchases: Earn 10 Reward Points per ₹100 spent
- Other Purchases: Earn 5 Reward Points per ₹100 spent
- Reward Redemption: 1 Reward Point = ₹0.25 when redeemed against Lifestyle Home Centre purchases
- Bonus Points: Additional 2,500 Reward Points on spending ₹50,000 in first 90 days
- Redemption Options: Redeem points for shopping vouchers, merchandise, flight/hotel bookings, or cashback
- No Upper Limit: Unlimited reward points accumulation
- Points Validity: 24 months from date of accrual
Fees & Charges
| Fee Type | Amount |
|---|---|
| Joining Fee | ₹1,499 + GST |
| Annual Fee | ₹1,499 + GST (waived on spending ₹1.5 lakh) |
| Add-on Card Fee | ₹499 + GST |
| Late Payment Fee | Up to ₹1,300 |
| Overlimit Fee | 2.5% of overlimit amount (min. ₹500) |
| Cash Advance Fee | 2.5% of amount (min. ₹300) |
Eligibility Criteria
- Indian residents aged 21-70 years
- Minimum income requirement: ₹3 lakh per annum (for salaried individuals)
- Self-employed individuals must have minimum ITR of ₹6 lakh
- Good credit score (preferably 750+)
- Existing banking relationship with SBI is not mandatory
- No defaults or serious delinquencies in credit history
Documents Required
- Identity Proof: PAN card (mandatory), Aadhaar card, Passport, or Voter ID
- Address Proof: Aadhaar card, Passport, Utility bill (not older than 3 months), or Rental agreement
- Income Proof:
- Salaried: Latest 3 months salary slips + Form 16 or 6 months bank statements
- Self-employed: Last 2 years ITR with computation of income + 6 months bank statements
- Passport size photograph
How to Apply
- Online Application: Visit SBI Card official website and fill the application form
- In-Store Application: Apply at any Lifestyle Home Centre store through their representatives
- Document Submission: Upload soft copies of required documents during online application
- Verification: SBI Card executive will verify your details and documents
- Approval: Decision typically within 7-10 working days
- Card Delivery: Approved cards are dispatched within 7 working days of approval
- Activation: Activate your card through SBI Card mobile app or customer care
How to Maximize Benefits
- Use the card for all your Lifestyle Home Centre purchases to earn 10X Reward Points
- Shop during weekends to avail 5% additional discount
- Plan big purchases during special sales events for maximum savings
- Use the card for utility bill payments and groceries to earn 5X Reward Points
- Convert large purchases into No-Cost EMIs to manage cash flow
- Utilize the 4 complimentary airport lounge accesses annually when traveling
- Redeem reward points against Lifestyle Home Centre purchases for best value (₹0.25 per point)
- Spend ₹1.5 lakh annually to get annual fee waiver and anniversary voucher
Similar Credit Cards from Other Banks
| Card Name | Bank | Key Features |
|---|---|---|
| HDFC HomeTown Credit Card | HDFC Bank | Discounts at HomeTown stores, reward points, fuel surcharge waiver |
| ICICI Bank Home Credit Card | ICICI Bank | Rewards on home improvement spends, EMI options, lounge access |
| Axis Bank My Zone Credit Card | Axis Bank | Lifestyle benefits, discounts on dining and movies, reward points |
| Citibank Indian Oil Credit Card | Citibank | Fuel benefits, reward points, discounts on dining and shopping |
Official Links
Apply on Official WebsiteOur Review
The Lifestyle Home Centre SBI Credit Card is an excellent choice for regular shoppers at Lifestyle Home Centre stores. The 10X reward points on purchases, combined with weekend discounts and exclusive sale access, make it particularly valuable for home furnishing and decor purchases. The welcome and anniversary vouchers effectively offset the joining fee for those who shop frequently.
While the annual fee is on the higher side compared to basic cards, the waiver condition (₹1.5 lakh annual spend) is achievable for the target audience. The additional benefits like airport lounge access and rewards on other spending categories add to the card's overall value proposition.
Rating: 4.2/5
Best For: Frequent shoppers at Lifestyle Home Centre, home decor enthusiasts, those planning home renovations
Disclaimer
The information provided here is for general informational purposes only. While we strive to keep the information up-to-date and correct, we make no representations or warranties of any kind about the completeness, accuracy, reliability of the details regarding the Lifestyle Home Centre SBI Credit Card. The card features, benefits, fees, and other terms are subject to change by SBI Card without notice. Please verify all details and read the terms and conditions on the official SBI Card website before applying. This is not the official website of SBI Card.
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