The verdict
The leading specialized healthcare credit card in India. For households managing chronic illness medications, frequent doctor consultations, or diagnostic lab tests via Apollo, the 10% direct savings and free annual health screenings easily deliver multiple times the ₹1,499 annual fee.
Spending ₹10,000/month on Apollo Pharmacy, diagnostics, and doctor consults saves ₹1,000/month in instant discounts (₹12,000/year). Adding the ₹1,500 complimentary health check voucher, ₹900 annual savings on dining, and fee waiver on ₹2L spend delivers over ₹14,400 in net annual healthcare value.
Cardholders who do not use Apollo Hospitals, Apollo Pharmacy, or Apollo 24|7 will find generic cashback cards like SBI Cashback or HDFC Swiggy vastly more practical.
✓What works
- +10% instant savings on medicines at Apollo Pharmacy and online via Apollo 24|7.
- +10% discount on diagnostic lab tests and health screenings at Apollo Clinics.
- +Complimentary annual comprehensive health checkup voucher worth ₹1,500.
- +Complimentary OneApollo Circle Tier membership with priority doctor appointments.
- +3X reward points (3 points per ₹100 spent) on dining, movies, and grocery shopping.
- +100% annual renewal fee waiver upon spending ₹2,00,000 in a card anniversary year.
- +1% fuel surcharge waiver on transactions between ₹500 and ₹3,000.
✕What doesn't
- −₹1,499 + GST annual fee with healthcare-centric reward utility.
- −No complimentary airport lounge access included.
- −10% discount is exclusive to Apollo ecosystem (not valid at MedPlus or Tata 1mg).
What it earns
1 Apollo SBI Reward Point = ₹0.25 for redemption against Apollo vouchers or SBI reward catalogue.
| Category | Rate | Monthly Cap | Per ₹1L spent |
|---|---|---|---|
| Apollo 24|7, Apollo Pharmacy & Diagnostics | 10% Instant Savings + 1 Pt / ₹100 | Uncapped | ₹10,000 Instant Savings + 1,000 Pts |
| Dining, Movies & Groceries (3X) | 3 Points / ₹100 (0.75% value) | Uncapped | 3,000 Points (~₹750 value) |
| All Other Domestic Retail Spends | 1 Point / ₹100 (0.25% value) | Uncapped | 1,000 Points (~₹250 value) |
| Fuel Purchases | 0% | Excluded | 0 Points |
Accelerated earn
10% Instant Savings at Apollo + 3X on Dining
Enjoy 10% instant discounts across Apollo and earn 3X points on dining.
| Category / Channel | Multiplier Rate | Monthly Cap | Cap / Condition |
|---|---|---|---|
| Apollo Pharmacy & Apollo 24|710% instant savings at Apollo Pharmacy retail outlets and Apollo 24|7 app. | 10% Instant · 10% Discount | Uncapped | — |
| Dining & Entertainment3 reward points per ₹100 across restaurants, food delivery, and cinema tickets. | 3× · 3 Points / ₹100 | Uncapped | — |
Redemption options
Redeem points directly for Apollo Health Vouchers, Apollo Pharmacy credits, or statement gift vouchers.
| Redemption Channel | Value Per Point | Minimum | Ceiling / Limits | Fee |
|---|---|---|---|---|
| Apollo Pharmacy & Health VouchersBEST VALUE | ₹0.25 / Reward Point | 1,000 pts | None | Nil |
| SBI Card Reward Catalogue | ₹0.20 to ₹0.25 / Reward Point | 2,000 pts | None | ₹99 + GST |
Reward Scope: Inclusions & Exclusions
✓Eligible Spends (Inclusions)
- +Apollo Hospitals, Apollo Pharmacy, Apollo Diagnostics, Apollo 24|7.
- +Dining, food delivery apps, movie theaters, and grocery stores.
- +1% fuel surcharge waiver across India.
✕Excluded Spends & Fee Traps
- −Fuel purchases (eligible for 1% surcharge waiver only).
- −ATM cash withdrawals and digital wallet loads.
Fee Schedule & Waiver Criteria
| Fee Component | Amount / Rate |
|---|---|
| Joining Fee | ₹1,499 + GST (Includes ₹1,500 Health Check Voucher + 1,500 Pts) |
| Annual Renewal Fee | ₹1,499 + GST (Waived on ₹2,00,000 annual spend) |
| Finance Charges (Interest Rate) | 3.75% per month (45.0% per annum) |
| Foreign Currency Markup | 3.50% + GST |
| Fuel Surcharge Waiver | 1% waiver on ₹500 to ₹3,00,0 transactions (Max ₹100/month) |
Eligibility & Approval Criteria
| Criteria | Requirement |
|---|---|
| Age Requirement | 21 to 65 years |
| Minimum Monthly Income | ₹30,000+ per month (Salaried) or ₹5L+ ITR (Self-Employed) |
| Credit Score (CIBIL) | 730+ recommended for smooth approval |
Frequently Asked Questions
Does Apollo SBI Card SELECT offer airport lounge access?
What are the MITC charges, annual fees, and interest rates for Apollo SBI Card SELECT?
What is the reward rate and point redemption value on Apollo SBI Card SELECT?
Which transactions are excluded from earning rewards on Apollo SBI Card SELECT?
Who is Apollo SBI Card SELECT best suited for in 2026?
Editorial Deep-Dive Analysis
Comprehensive Overview: Apollo SBI Card SELECT
The Apollo SBI Card SELECT is a specialized co-branded healthcare and wellness credit card, created by SBI Card in partnership with the Apollo Hospitals Group on the Visa Signature platform. Specifically engineered for households with recurring medical expenses, elderly dependents, ongoing prescription regimes, and regular wellness consultations, it carries an annual membership fee of ₹1,499 + GST, which is 100% reversed upon achieving ₹2,00,000 in qualifying retail spends in the previous card anniversary year.
The card provides substantial, tangible savings across the entire Apollo healthcare ecosystem: cardholders receive complimentary health screening vouchers worth ₹1,500 plus 1,500 bonus reward points upon fee payment (fully offsetting the entry fee), complimentary OneApollo Gold Circle tier status, an instant 10% discount on health screenings, diagnostics, and doctor consultations on Apollo 24|7 and at Apollo Hospitals, a 10% discount on select Apollo Pharmacy products, 3 reward points per ₹100 spent on dining and movies, and a 1% fuel surcharge waiver nationwide.
Key Privileges and Practical Everyday Benefits
- ₹1,500 Health Screening Voucher & 1,500 Bonus Points: Receive complimentary Apollo diagnostic health checkup vouchers worth ₹1,500 plus 1,500 bonus reward points upon realization of the joining fee (100% immediate fee offset).
- Complimentary OneApollo Gold Circle Membership: Unlock elite tier healthcare privileges across Apollo Hospitals, Apollo Clinics, Apollo Cradle, and Apollo Spectra facilities.
- 10% Instant Discounts Across Apollo Ecosystem:
- 10% instant discount on diagnostic blood tests, preventive health checkups, and outpatient investigations at Apollo Hospitals and Apollo Diagnostics.
- 10% instant discount on Apollo 24|7 online doctor consultations and medical specialist appointments.
- Up to 10% instant discount on Apollo private label medicines, wellness supplements, and personal care products at Apollo Pharmacy stores.
- Lifestyle Rewards on Dining & Movies: Earn 3 reward points per ₹100 spent (0.75% valueback) on dining restaurants and cinema multiplexes.
- Base Rewards on General Retail: Earn 1 reward point per ₹100 spent (0.25% return) on all other eligible domestic retail transactions.
- Accessible Spend Waiver Target: The ₹1,499 annual renewal fee is automatically reversed upon achieving ₹2,00,000 or more in retail spending during the preceding anniversary year.
Important Terms and Spend Conditions to Keep in Mind
- Pharmacy Discount Exclusions: The 10% pharmacy discount applies to selected Apollo wellness products; government DPCO price-controlled prescription medicines do not qualify for commercial discounts under pharmaceutical regulations.
- Store Billing Integration: Instant discounts require the cardholder’s registered OneApollo mobile number to be entered at the billing counter prior to bill generation.
- No Airport Lounge Access: The card carries no complimentary domestic or international airport lounge access.
- Redemption Fees: Redeeming accumulated reward points for statement credits or catalog vouchers incurs standard processing fees of ₹99 + GST.
- Excluded Spend Categories: Fuel purchases, wallet top-ups, rent payments, government utility payments, and cash advance transactions do not accrue reward points.
Who Benefits Most
- Families Managing Recurring Medical Expenses: Households with chronic prescription bills, diabetes management, or elderly family care ordering medicines regularly from Apollo Pharmacy.
- Preventive Healthcare Prioritizers: Consumers who actively schedule annual preventive health checkups, blood tests, and specialist consultations across Apollo facilities.
- OneApollo Circle Loyalists: Patients who primarily trust Apollo Hospitals, Apollo Clinics, and the Apollo 24|7 digital app for their family’s health ecosystem.
- SBI Card & Apollo Hospitals — Apollo SBI Card SELECT official schedule of charges and MITC
- Apollo 24|7 & Apollo Pharmacy Partnership — 10% instant discount, health check vouchers & OneApollo membership terms
Independent Editorial & Statutory Disclaimers
Institutional Transparency & Nominative Fair Use Statement
CredSutra operates as an independent credit card discovery and consumer intelligence engine. CredSutra is NOT a bank, Non-Banking Financial Company (NBFC), Direct Selling Agent (DSA), or Lending Service Provider (LSP).