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State Bank of India

SBI Central Credit Card

Discontinued Central Retail co-brand

₹750/yr annual fee · 2x rewards

By FinWiz24 Research Desk · Last reviewed · How we review

FinWiz24 Research Desk

FinWiz24 Research Desk

Verified independently against issuer Terms & Conditions

Editorial Team

This card has been discontinued by its issuer. The details below are kept as a reference for existing holders and historical comparisons.

Annual fee

₹750/yr

Reward rate

2x

Min. income

Not published

Forex markup

3.5%

Lounge access

None

Eligibility

Not published

Reward cap

No published cap

Welcome benefit

Central e-gift voucher worth Rs 750 within 30 days of paying the Rs 750 membership fee

Central SBI Select Card (Central Retail co-brand) is discontinued. Archived terms: Rs 750 annual fee, 10 Select Points per Rs 100 at Central stores, 3.5% forex markup.

Who is this for

  • Rewards optimiser
  • Food & dining spender

What we like

  • Central e-gift voucher

Watch out for

  • 3.5% foreign-transaction markup

Issuer

Bank

State Bank of India

Public sector bank

All State Bank of India cards →

Headquarters

Mumbai, Maharashtra

Established 1955

Toll-free

1800-11-2211

Network

Visa

See all cards on this network

Fees and charges

Fee Amount Waiver
Joining fee ₹750 Not waivable
Annual fee ₹750 Not waivable
Renewal fee ₹750 Not waivable
Forex markup 3.5% Not waivable
Fuel surcharge 1% 1% waived on Rs 500-3,000 fuel transactions; max Rs 100 per statement cycle (archived terms)

Rewards

Spend category Rate Cap Redemption
All spends 1 Select Point per Rs 100 on other non-fuel retail spends 1 Select Point = Rs 0.25; instant redemption at Central stores with no minimum
SHOPPING 10 Select Points per Rs 100 spent at any Central store 1 Select Point = Rs 0.25
DINING 5 Select Points per Rs 100 on dining and movies 1 Select Point = Rs 0.25

Benefits

  • Central e-gift voucher Highlight

    Central e-gift voucher worth Rs 750 within 30 days of paying the Rs 750 membership fee

  • Milestone Select Points

    Milestone Select Points worth Rs 2,000 on annual spends of Rs 3 lakh; 3,000 Select Points worth Rs 750 on renewal fee payment with Rs 75,000 annual spends

  • Fuel surcharge waiver

    1% fuel surcharge waiver on Rs 500-3,000 transactions, maximum Rs 100 per statement cycle

Eligibility

Documents
Discontinued Future Group co-brand; the archived product page publishes no minimum income.

Read the full application walkthrough: SBI Central Credit Card apply guide.

Status: discontinued — not open to new applications. FinWiz24 keeps this page for reference; figures shown are the issuer’s last published terms where verifiable, otherwise unlisted.

Fees and charges

  • Joining fee: Rs 750
  • Renewal fee: Rs 750
  • Forex markup: 3.5%
  • Fuel surcharge: 1% — 1% waived on Rs 500-3,000 fuel transactions; max Rs 100 per statement cycle (archived terms)

Rewards

  • ALL: 1 Select Point per Rs 100 on other non-fuel retail spends Redemption: 1 Select Point = Rs 0.25; instant redemption at Central stores with no minimum.
  • SHOPPING: 10 Select Points per Rs 100 spent at any Central store Redemption: 1 Select Point = Rs 0.25.
  • DINING: 5 Select Points per Rs 100 on dining and movies Redemption: 1 Select Point = Rs 0.25.

Benefits

  • Central e-gift voucher: Central e-gift voucher worth Rs 750 within 30 days of paying the Rs 750 membership fee
  • Milestone Select Points: Milestone Select Points worth Rs 2,000 on annual spends of Rs 3 lakh; 3,000 Select Points worth Rs 750 on renewal fee payment with Rs 75,000 annual spends
  • Fuel surcharge waiver: 1% fuel surcharge waiver on Rs 500-3,000 transactions, maximum Rs 100 per statement cycle

Eligibility

Discontinued Future Group co-brand; the archived product page publishes no minimum income.

Terms last reviewed 3 Sept 2026 against issuer-published schedules.

Issuer: State Bank of India. FinWiz24 may earn a commission from application links; scoring is unaffected — see our affiliate disclosure.

Cards with similar benefits, rewards, or eligibility requirements.

Frequently asked questions

Is the SBI Central Credit Card worth it?

SBI Central Credit Card is a credit card issued by State Bank of India. Whether it is worth it depends on your monthly spend pattern and whether the annual fee (if any) is waivable. Compare the fee and reward rate on this page against your expected annual spend to make an informed decision.

What is the annual fee for the SBI Central Credit Card?

SBI Central Credit Card charges ₹750 as the annual fee. Most issuers waive it on minimum annual spends — check the fee tile on this page for the waiver condition.

How does the SBI Central Credit Card reward rate work?

SBI Central Credit Card earns 2x base reward rate on all spends. Each card's rewards tile on this page shows the category-wise multipliers and any monthly or yearly caps.

What are the eligibility requirements for the SBI Central Credit Card?

Eligibility criteria for SBI Central Credit Card are not fully published. Check with the issuer for the latest requirements.

Does the SBI Central Credit Card offer airport lounge access?

SBI Central Credit Card does not publish complimentary airport lounge access as a benefit.

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Disclaimer: Card details are based on publicly available issuer schedule of charges. Eligibility and approval are at the issuer’s sole discretion. FinWiz24 does not guarantee card approval or specific terms. Always read the issuer’s terms and conditions before applying.