Apollo SBI Card Select
The Apollo SBI Card Select is a special credit card made by Apollo 24/7 and SBI Card for people who care about their health and wellness. You’ll earn 10% reward points whenever you spend at Apollo Pharmacy or use Apollo 24/7 services. You also get free health check-ups and other health-related benefits. You can turn your reward points into Apollo Health Credits at the same value, and use them for any Apollo services. The card also includes travel perks like free access to domestic airport lounges and a free Priority Pass membership. You pay ₹1,499 as a yearly fee, but in return, you get a ₹1,500 welcome voucher and free health check-up benefits every year, making the card worth it. It is a great option for families looking for a mix of health and lifestyle rewards.
For those who want a more affordable card, SBI also offers the Apollo SBI Credit Card with a lower annual fee of ₹499. This version gives up to 3% value-back and allows you to redeem reward points in three ways: instant redemption at stores, Apollo vouchers, or as health credits. It is a good choice for users who want basic health benefits without paying a high fee. The Select version offers more features and higher rewards. This new card is the second time Apollo and SBI Card have worked together after ending their earlier co-branded card. It is designed to support users in staying healthy while also enjoying useful financial benefits.
Rewards and Benefits
Fees & Charges
What should you consider before applying for a credit card in India?
Key Considerations Before Applying for a Credit Card in India:
- Eligibility Criteria: Ensure you meet the eligibility requirements, which typically include age, income, credit score, and employment status as defined by the issuing bank or financial institution.
- Credit Score: A strong credit score can significantly improve your chances of approval and result in more favorable terms, such as lower interest rates or higher credit limits. Verify that your credit score is healthy before applying.
- Interest Rates and Fees: Compare the annual percentage rates (APR), processing fees, late payment penalties, and foreign transaction charges associated with various cards. These costs can vary widely and impact the overall value of the card.
- Rewards and Benefits: Evaluate the rewards, cashback, discounts, or other perks offered by the card to ensure they align with your spending patterns. Some cards may provide better benefits in specific categories, such as travel, shopping, or dining.
- Credit Limit: Review the credit limit offered by the card to ensure it meets your financial needs. Avoid applying for cards with excessive limits if you are concerned about managing debt, as this can lead to higher interest charges.
- Repayment Terms: Understand the repayment structure, including the minimum payment amount, payment due dates, and any associated penalties. Being clear about these terms can help you manage payments effectively and avoid interest buildup.
- Card Type and Features: Choose a card type that matches your specific needs—whether standard, premium, or specialized cards like those offering travel rewards or dining privileges. Ensure the features of the card align with your lifestyle and spending habits.
- Bank’s Reputation: Opt for a financial institution with a proven reputation for customer service and transparency. Consider researching customer reviews and assessing their support channels to ensure reliable service.
- Hidden Charges: Be aware of any hidden fees, including annual fees, balance transfer charges, foreign transaction fees, or cash withdrawal charges. These can add up over time and affect the overall cost-effectiveness of the card.
- Credit Utilization: Maintain a balance within your credit limit to avoid high credit utilization ratios, which can negatively impact your credit score. Responsible use of credit is essential for maintaining financial health.
- Long-Term Financial Plans: Consider how the credit card fits into your overall financial strategy. Avoid accumulating unnecessary debt and choose a card that supports your long-term financial goals without adding financial strain.
Apollo SBI SELECT Credit Card - Features, Benefits, Rewards & Value Back
The Apollo SBI SELECT Credit Card is a healthcare-focused credit card. It is made for people who spend regularly on medicines, doctor visits, health checkups, and Apollo 24|7 services. It helps you save money in the form of reward points and health credits. You can also get travel benefits and yearly milestone rewards.
This card is useful for Indian families who already use Apollo Pharmacy or Apollo online app.
Welcome Offer – ₹1,500 Gift Voucher
When you pay the joining fee, you get a ₹1,500 Apollo Pharmacy voucher.
- Valid for 12 months
- Works in Apollo stores and Apollo 24|7 app
- Can be used for medicines and basic health products
Reward System
You earn reward points when you spend money using the card.
Spending & Rewards
| Where You Spend | Reward |
|---|---|
| Apollo 24|7 & Pharmacy | 10 points per ₹100 |
| Dining, Travel, Movies | 2 points per ₹100 |
| Other Shopping | 1 point per ₹200 |
Value of Rewards:
- 1 point = ₹1 Apollo Health Credit
- You can use it for Apollo purchases
Real Example: If you spend ₹10,000 on Apollo medicines: You earn around ₹1,000 worth Health Credits
Apollo Circle Membership Benefits
This card gives free Apollo Circle Membership. It gives extra savings on healthcare.
- Discount on medicines
- Savings on doctor visits
- Free health test (one time)
- Free home delivery
Why it matters: If you visit Apollo regularly, these small savings add up every month and reduce your medical costs.
Simple Benefits at a Glance
- Up to 10% reward on Apollo spends
- Up to 15% extra savings via membership
- Total savings can go up to 25% on healthcare
How Much You Can Save (Real-Life Example)
Let’s understand this with a simple example from an Indian family. A family spends:
- ₹6,000/month on medicines
- ₹4,000/month on doctor visits and tests
Total monthly spend = ₹10,000
Yearly spend = ₹1,20,000
Now benefits:
- Reward points = ~₹12,000
- Membership savings = ~₹15,000
Total yearly savings = ~₹27,000
This is a big saving for regular medical users.
Travel Benefits (Extra Advantage)
- 4 free domestic airport lounge visits per year
- No spending needed for lounge access
- Free Priority Pass for 2 years (international lounges)
These benefits are useful for people who travel sometimes for work or family trips.
Milestone Rewards
- ₹50,000 spend → Free health check-up worth ₹1,999
- ₹3 lakh yearly spend → Annual fee waived (₹1,499 saved)
- ₹6 lakh yearly spend → Noise Smartwatch worth ₹7,999
Why This Card is Useful
This card is mainly useful for people who already use Apollo services. It helps you turn your daily medical spending into savings. Instead of paying full price, you get rewards back in health credits.
Who Should Take This Card?
Best for:
- Families with regular medicine bills
- People using Apollo Pharmacy
- Users of Apollo 24|7 app
- Senior citizens with regular health needs
Not ideal for:
- People who rarely use Apollo services
- Users who want general cashback on all shopping
Apollo SBI SELECT Credit Card Review
The Apollo SBI SELECT Credit Card is a simple savings card for healthcare. It helps you earn rewards on medicines, doctor visits, and health products. You also get travel benefits, free health checkups, and yearly rewards. If you already use Apollo, this card can help you save a good amount every year in a very simple way.
In short, more you use Apollo → more you save with this card.
What benefits do I get through Apollo Circle?
You can earn up to 15% Health Credits on medicine purchases and 20% back on diagnostic tests. You’ll receive one free health checkup such as HbA1c, TSH, or CBC, ₹1 lakh accidental insurance coverage, free medicine delivery to your home, and up to ₹150 off on doctor consultation fees.
How can I waive the annual charges of the Apollo SBI Card Select?
You need to spend ₹3 lakh in a year to get the full annual fee waived.
What tests are covered in the free health check-up?
The free check-up includes tests for Lipid Profile, Kidney, Diabetes, Liver, Complete Blood Count, Thyroid, and Urine.
When will I receive my Apollo SBI Select Credit Card after approval?
It usually takes 7-10 working days to deliver the card to your registered address after approval.
Does the card offer any discounts on doctor consultations?
Yes, you can save up to ₹150 on doctor consultations through Apollo Circle benefits.
Where can I use the Apollo e-gift card voucher?
You can redeem the voucher at Apollo Pharmacy stores, on their mobile app, or website.
What are the joining and annual fees for the Apollo SBI Select Credit Card?
You’ll need to pay ₹1,499 plus GST as both the joining fee and the yearly renewal charge for the card.
Is it possible to make UPI payments using the Apollo SBI Select Credit Card?
Yes, if you have the RuPay version, you can link it to UPI and earn rewards on your spends.
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