The verdict
A high-yielding retail co-branded card for fashion and grocery shoppers. 10% instant discounts on apparel combined with 10× reward points on dining and supermarkets provide outsized value for everyday domestic budgets.
Saving 10% on ₹20,000 annual fashion purchases (₹2,000 instant discount) + ₹6,000/mo on dining & groceries (7,200 pts/yr = ₹1,800 value) + saves ₹400 on fuel clears the ₹1L spend to waive the ₹499 fee, providing over ₹4,200 in net annual utility value (8.42× ROI).
No airport lounge access and Future Group retail outlets have seen footprint restructuring.
✓What works
- +Flat 10% instant discount on all fashion apparel and footwear purchases round the year.
- +10 SBI Reward Points per ₹100 spent at fbb, Big Bazaar, Food Bazaar, and standalone dining (2.50% return).
- +Earn 1 SBI Reward Point for every ₹100 spent on all other eligible domestic retail transactions.
- +Annual renewal fee of ₹499 waived on spending ₹1,00,000 in the anniversary year.
- +1% fuel surcharge waiver on all petrol pumps across India on transactions between ₹500 and ₹3,000.
- +Welcome gift voucher worth ₹500 on joining.
✕What doesn't
- −No complimentary airport lounge access.
- −Reward point redemption fee of ₹99 + GST per catalogue request.
- −Standard 3.5% + GST forex markup on international transactions.
What it earns
1 SBI Reward Point = ₹0.25 when redeemed for shopping vouchers or statement credit.
| Category | Rate | Monthly Cap | Per ₹1L spent |
|---|---|---|---|
| fbb, Big Bazaar & Standalone Dining | 10 RP / ₹100 (2.50%) | Uncapped | 10,000 RP (₹2,500 value) |
| All Other Domestic Retail Spends | 1 RP / ₹100 (0.25%) | Uncapped | 1,000 RP (₹250 value) |
| Fuel & Rent | 0% | Excluded | 0 RP |
Accelerated earn
10% Flat Discount + 10× Rewards on Dining
Enjoy instant fashion savings and 2.5% return on food and dining.
| Category / Channel | Multiplier Rate | Monthly Cap | Cap / Condition |
|---|---|---|---|
| Fashion ApparelAt fbb stores. | 10% Off · Instant Discount | Uncapped | — |
| Dining & Groceries10 RP per ₹100. | 10× · 2.50% | Uncapped | — |
| Fee WaiverWaived at ₹1,00,000 spend. | 100% · ₹499 Waived | 1 / year | — |
Redemption options
Redeem SBI Reward Points on sbicard.com for brand shopping vouchers or statement credit.
| Redemption Channel | Value Per Point | Minimum | Ceiling / Limits | Fee |
|---|---|---|---|---|
| Brand Shopping VouchersBEST VALUE | ₹0.25 / Reward Point | 2,000 pts | None | ₹99 + GST |
| Statement Balance Credit | ₹0.25 / Reward Point | 2,000 pts | None | ₹99 + GST |
Reward Scope: Inclusions & Exclusions
✓Eligible Spends (Inclusions)
- +Fashion apparel, footwear, groceries, supermarkets, dining, retail shopping.
- +1% fuel surcharge waiver across India.
- +10% instant fashion discount.
✕Excluded Spends & Fee Traps
- −Rent payments.
- −Fuel purchases (outside surcharge waiver).
- −Wallet load transactions.
Fee Schedule & Waiver Criteria
| Fee Component | Amount / Rate |
|---|---|
| Joining Fee | ₹499 + GST |
| Annual Renewal Fee | ₹499 + GST (Waived at ₹1 Lakh spend) |
| Forex Markup | 3.5% + GST |
| Finance Charges | 3.5% / month (42% / year) |
Eligibility & Approval Criteria
| Criteria | Requirement |
|---|---|
| Age | 21–65 years |
| Salaried Income | ₹20,000+ monthly net salary |
| Self-Employed Income | ITR above ₹2.4 Lakhs per annum |
Frequently Asked Questions
Does SBI Fbb Credit Card offer airport lounge access?
What are the MITC charges, annual fees, and interest rates for SBI Fbb Credit Card?
What is the reward rate and point redemption value on SBI Fbb Credit Card?
Which transactions are excluded from earning rewards on SBI Fbb Credit Card?
Who is SBI Fbb Credit Card best suited for in 2026?
Editorial Deep-Dive Analysis
Comprehensive Overview: SBI Fbb Credit Card
The SBI Fbb STYLE UP Credit Card is a co-branded retail and apparel shopping credit card created by SBI Card on the Visa platform to reward fashion shopping, wardrobe upgrades, and grocery purchases across partner department stores. Issued with an accessible annual fee of ₹499 + GST, the renewal fee is 100% reversed upon reaching ₹1,00,000 in qualifying retail spends in the previous card anniversary year.
The card’s primary value proposition centers on straightforward shopping savings: cardholders receive an upfront ₹500 Fbb welcome gift voucher upon joining fee realization (recovering 100% of the entry cost), enjoy a flat 10% instant discount round-the-year on all fashion apparel and accessories at Fbb and Style UP stores with no upper ceiling, earn 10 reward points per ₹100 spent (2.5% return) at Big Bazaar, Fbb, and standalone dining outlets, and save with a 1% fuel surcharge waiver nationwide.
Key Privileges and Practical Everyday Benefits
- ₹500 Fbb Welcome Voucher: Receive an upfront ₹500 Fbb/Style UP gift voucher upon payment of the joining fee within 30 days of card issuance.
- Flat 10% Instant Discount on Fashion Apparel: Enjoy an unlimited flat 10% instant discount on fashion apparel, footwear, and accessories at Fbb and Style UP outlets year-round, applicable with no minimum ticket size or monthly capping.
- 10X Reward Points on Shopping & Dining:
- Earn 10 reward points per ₹100 spent (2.5% valueback at 4 points = ₹1) on transactions made at Fbb, Big Bazaar, and standalone dining restaurants.
- Earn 1 reward point per ₹100 spent (0.25% return) on all other eligible domestic retail transactions.
- 1% Fuel Surcharge Waiver: Enjoy a 1% fuel surcharge waiver on all petrol pump transactions between ₹500 and ₹3,000 across India (maximum waiver of ₹100 per statement cycle).
- Accessible Renewal Spend Waiver: The ₹499 annual renewal fee is automatically reversed on retail spending of ₹1,00,000 or more in the preceding anniversary year.
Important Terms and Spend Conditions to Keep in Mind
- Retail Network Transition: Following retail restructuring across Future Group properties, physical store acceptance is subject to active local Fbb/Style UP outlet availability and partner billing integration.
- Redemption Fees: Redeeming accumulated reward points for catalog vouchers or statement credits incurs standard SBI Card processing fees of ₹99 + GST per redemption.
- No Airport Lounge Access: The card carries no complimentary domestic or international airport lounge access.
- Standard Forex Markup: Overseas transactions incur a standard 3.5% + GST foreign currency markup fee.
- 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
- Budget Fashion Shoppers: Individuals and families who regularly purchase casual apparel, kids’ clothing, and footwear at Style UP and partner stores.
- Everyday Departmental Spenders: Consumers spending on retail department store goods and dining looking to capitalize on 10X reward multipliers.
- Existing Cardholders: Cardholders maintaining active accounts who utilize the 10% retail discount to easily offset the ₹499 holding fee.
- SBI Card — fbb STYLE UP SBI Card schedule of charges
- Future Group & fbb fashion co-branded partnership guidelines
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).