Apollo SBI Card SELECT (Healthcare Co-brand): Fees, Rewards & Real Value

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Apollo SBI Card SELECT Review (Healthcare Co-brand)

SBI Card · Apollo Healthcare co-brand · with built-in Apollo Circle Benefits
Our score: 6.3 / 10
Annual fee: ₹1,499 + GST (waived on ₹3L spend)
Up to 25% value back on Apollo 24|7 + Apollo Pharmacy (via Circle Benefits)
10 RP per ₹100 on Apollo
4 domestic lounges/year + FITPASS PRO + Health Check-up

Best for: Customers and families buying regular medications, doctor consultations or wellness products at Apollo Pharmacy / Apollo 24/7 / Apollo Hospitals.

What we like
  • Up to 25% value back on Apollo 24|7 and Apollo Pharmacy via the in-built Apollo Circle Benefits (membership stacked into the card)
  • 10 Reward Points per ₹100 on Apollo 24|7 and Apollo Pharmacy spends (rewards stack with Circle Benefits)
  • Welcome: Apollo 24|7 e-Gift Voucher worth ₹1,500 on payment of joining fee
  • 1-year complimentary FITPASS PRO Membership (on joining fee + 1 retail transaction)
  • Comprehensive Health Check-up Package on ₹50,000 spend within 90 days of joining
  • 4 complimentary domestic airport lounge visits per year
  • Annual fee ₹1,499 + GST — waived if annual spend ≥ ₹3,00,000 (NOT ₹50K)
Watch out for
  • Narrow category scope
  • Base rate weak at 0.5%
  • No lounges, no insurance
  • Redemption ratio limited

Fees & charges

ItemCharge
Joining fee₹499 + GST
Renewal fee₹499 + GST
Finance charge3.6% p.m.
Cash advance fee2.5% (min ₹500)
Forex markup3.5%
Late payment feeUp to ₹1,300

Rewards structure

10 reward points per ₹100 on Apollo Pharmacy / Apollo 24/7 / Apollo Diagnostics (10× base rate). Other retail earns 2 points per ₹100. Redeem at ₹0.25 per point. Effective 2.5% back on Apollo, 0.5% elsewhere.

Key benefits

  • ₹500 Apollo welcome voucher on fee payment
  • 10× on Apollo Pharmacy and Apollo 24/7 purchases
  • Priority slot booking at Apollo Diagnostics (same-day walk-in)
  • Annual fee waived on ₹50K prior-year spend

Who the SBI Apollo Pharmacy is for

Families with monthly medication budgets of ₹3-5K (diabetics, cardiac patients, senior parents). The 2.5% back adds up to ₹1-1.5K annually, covering the fee.

Final verdict

A narrow healthcare-focused co-brand. If you regularly buy at Apollo, worth holding. Not a general-purpose card.

FAQ

Does the 10× apply to hospital bills?

Apollo Hospitals admitted-patient bills typically earn at base 2× rate — Apollo 24/7 app and Pharmacy retail earn the full 10×.

Is this card issued jointly with Apollo 24/7?

SBI is the issuer; Apollo provides the co-brand partnership for welcome vouchers and point acceleration.

What is the apply channel?

Apply via SBI Card website, Apollo 24/7 app or in-store at Apollo Pharmacy outlets.

Fees and features verified against the issuer's public website. Benefits may vary; always confirm current terms with the issuer before applying.

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