SBI Card Partners Apollo HealthCo


Apollo SBI Card SELECT Card Introduced


FinTech BizNews Service

Mumbai, May 15, 2025: SBI Card, India’s largest pure-play credit card issuer and Apollo HealthCo, which operates Apollo Pharmacy - India’s largest retail pharmacy network and Apollo 24|7 - country’s leading omni-channel digital health platform, have extended their strategic partnership to introduce a unique, health and wellness focused co-branded credit card - Apollo SBI Card SELECT card, today. This one-of-its-kind premium credit card has been thoughtfully designed to address the evolving needs of today’s health-conscious consumers, offering a compelling blend of healthcare savings and financial rewards. Customers can easily apply for this card digitally on the Apollo 24|7 app and opt to apply via SBI Card SPRINT, by visiting the SBI Card website SBI Card.com. Customers can also apply for the card at select Apollo Pharmacy stores.  

The Apollo SBI Card SELECT cardholders enjoy a rewarding shopping experience on transactions, including pharmacy products, health check-up packages, blood tests, and more through the Apollo 24|7 app and Apollo Pharmacy stores. Cardholders get 10% back as reward points, and additionally up to 15% back as health credits, giving them a total value back of up to 25%. Reward points can be converted into Health Credits, which are redeemable across the entire product range of Apollo 24|7 App and Apollo pharmacy stores.

Apollo SBI Card SELECT card customers receive Rs1,500 e-gift voucher as welcome benefits, redeemable on the Apollo 24|7 app and at Apollo pharmacy stores. They also enjoy Apollo Circle benefits that provide priority access to services and special discounts on doctor consultations, diagnostic tests and pharmacy orders on Apollo platforms. Additionally, Apollo SBI Card SELECT card customers also get a complimentary 1-year FITPASS PRO Membership, offering access to a wide network of gyms, fitness classes, and wellness programs, across India.

 Ms. Salila Pande, MD & CEO, SBI Card said, “At SBI Card, we understand the evolving spending needs and aspirations of today’s conscious consumers who are focused on good health and well-being. Our collaboration with Apollo HealthCo to introduce Apollo SBI Card SELECT card is firmly aligned with this need. By offering thoughtful healthcare benefits and valuable rewards, we aim to empower our customers to stay committed to their health and wellness goals, while enjoying varied financial benefits.”

Ms. Shobana Kamineni, Executive Chairperson, Apollo HealthCo said, “With the Apollo SBI Credit Card, we’re introducing a revolutionary financial product designed to seamlessly connect health and wellness with everyday living. By turning everyday spending into health investments, we’re making access to care seamless, intuitive, and affordable. It’s our way of saying that healthcare should be earned, saved, and accessed just as easily as any other essential. This is the future of health—and we’re proud to build it with SBI Card. Together, we will be the health keeper of the nation.”

The Apollo SBI Card SELECT card also offers various lifestyle and travel benefits. Customers can avail spend-based annual fee reversal upon achieving annual spends of Rs 3 lakhs. Moreover, customers get a 2-year Priority Pass Membership for international lounge access and four complimentary domestic airport lounge visits per year (maximum one per quarter), adding to the premium experience. Additionally, accelerated earnings of 2 reward points per Rs 100 spent on dining, movies, entertainment, and travel, elevating the customer’s lifestyle experience on each transaction.

 As an annual milestone benefit, cardholders can avail free comprehensive health check-up on spends of Rs 50,000 within 90 days of joining and annual renewal. Also, on spending Rs 6 lakhs annually, customers are entitled to get a free Noise smartwatch worth Rs 7,999.

The joining and renewal fee of the Apollo SBI Card SELECT card is Rs1,499 plus applicable taxes. The contactless card is available on both Rupay and MasterCard platforms. 

Apollo SBI Card SELECT card: Key Highlights

 Welcome Benefits:

  • Apollo 24|7 e-gift voucher worth Rs 1,500 on payment of joining fee
  • Built-in Apollo Circle benefits
  • 1-year complimentary FITPASS PRO Membership

 

Spend Based Reversal

  • Reversal of Rs 1,499 annual fee on achieving spends of Rs 300,000 in the previous year

Lounge Benefit

  • 4 complimentary domestic lounge access in a year (1 per quarter)
  • Complimentary Priority Pass Program Membership for 2 years (International Lounge access chargeable)

Rewards Benefit

  • 10 Reward Points per Rs100 spent on Apollo 24|7 App and Apollo Pharmacy Stores
  • 2 Reward Points per Rs 100 spent on Dining, Movies & Entertainment, and Travel
  • 1 Reward Point per Rs 200 spent on other purchases

             (1 Reward Point = 1 Health Credit = Rs 1)

Milestone Benefit

  • Free comprehensive health check-up on spends of Rs 50,000 within 90 days of joining/ annual renewal
  • Free Noise Smartwatch worth Rs 7,999 on annual spends of Rs 6 Lakh

Fuel surcharge waiver

  • 1% Fuel Surcharge waiver. Maximum waiver of Rs 100 in a statement cycle

Forex Markup

  • 3.5% on all foreign currency spends

 

 

 

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