NEW Apollo SBI Select Credit Card

Taking care of your health is important, but medical costs can add up quickly. From doctor consultations to lab tests and buying daily medicines, the expenses keep growing. That’s why the Apollo SBI Select Credit Card is a great new option for anyone who regularly spends on health and wellness. This card, launched by SBI Card in partnership with Apollo Pharmacy, offers up to 25% cashback on medicines and a long list of useful benefits for healthcare. Whether you buy medicines from Apollo stores or order them online via the Apollo 24/7 app, this card can help you save money while staying healthy. You also get access to free doctor consultations, fitness programs, lounge visits, and even a free smartwatch if you spend enough. In this article, we explain everything you need to know about this exciting new card in simple, easy-to-understand language. Read on to see how this card can benefit you.

What Is the Apollo SBI Select Credit Card?

The Apollo SBI Select Credit Card is a new co-branded credit card launched by SBI Card and Apollo Pharmacy, India’s trusted pharmacy chain. It replaces the older Apollo SBI Card and brings better rewards, more features, and higher savings for health-conscious users.

This card is ideal for people who:

Spend regularly on medicines and health checkups
Use the Apollo 24/7 app or visit Apollo Pharmacy stores
Want cashback and benefits related to health
Are looking for real savings on medical and wellness expenses

Key Features of Apollo SBI Select Credit Card

This new credit card offers a strong mix of cashback, rewards, medical services, and wellness support. Let’s look at its main features.

Cashback and Discounts:

You get cashback and value from the very first day.

25% cashback on medicines at Apollo Pharmacy and Apollo 24/7
15% cashback on medicines for Circle members
20% cashback on lab tests with Circle membership
Free ₹1,500 welcome voucher for Apollo 24/7 or Apollo Pharmacy

Healthcare and Wellness Benefits:

It’s not just about cashback. The card gives full access to healthcare services.

Free annual FITPASS PRO membership – access to gyms and fitness studios
24/7 access to Apollo doctors online
Free Circle Membership for 1 year, including:
- Free medicine delivery
- ₹1 lakh accident insurance cover
- Annual health checkup

Spend-Based Rewards:

If you use the card regularly, you get additional bonuses.

Spend ₹50,000 in 90 days and get a free lab test worth ₹1,999
Spend ₹6,00,000 in a year and receive a Noise smartwatch worth ₹7,999

Travel Benefits:

Along with health savings, the card also helps you travel in comfort.

4 free domestic airport lounge visits per year
Free Priority Pass worth ₹8,500

Apollo SBI Select Credit Card – Charges and Fees

While this card offers a lot of value, it also comes with some charges. Here’s a simple breakdown:

Joining Fee: ₹1,499 + GST
Annual Fee: ₹1,499 (waived if you spend ₹1.5 lakh in a year)
Finance Charges: As applicable by SBI Card
Foreign Transaction Fee: 3.5%

This fee is worth paying if you use the card for regular medical expenses and health checkups.

Eligibility Criteria for Apollo SBI Select Credit Card

To apply for this card, you need to meet some basic conditions:

Age: 21 to 60 years
Income: Should meet the minimum criteria set by SBI Card
Credit Score: A good score (usually above 700) improves approval chances
Employment: Salaried or self-employed individuals

You can apply through the Apollo 24/7 app, SBI Card website, or at Apollo Pharmacy stores.

Networks and Payment Options

The Apollo SBI Select Card is available on RuPay and Mastercard platforms. If you choose the RuPay variant, you can:

Link your credit card to UPI
Make UPI payments through apps like Google Pay, PhonePe, Paytm
Use your credit card just like a debit card on UPI platforms

This is a great option if you want to manage all your medical spending through UPI.

Why Choose Apollo SBI Select Credit Card?

This card stands out because it is designed for your health needs. Here’s why you should consider it:

1. Save More on Medicines

Medical bills are rising. Getting up to 25% cashback is a big relief if you buy medicines every month.

2. Free Health Services

You don’t just get points—you get real medical services: doctor access, free tests, accident insurance.

3. Rewards and Lifestyle Perks

Lounge visits, fitness membership, and a free smartwatch give you value beyond just healthcare.

4. Perfect for Families

If your whole family depends on Apollo Pharmacy, this card helps you cut down on household medical costs.

How to Apply for Apollo SBI Select Credit Card

You can apply for the Apollo SBI Select Credit Card in a few simple steps:

Online Application:

Visit the SBI Card official website
Go to the Apollo SBI Select Credit Card section
Fill out the application form with basic details
Submit required documents like PAN, Aadhaar, income proof
Wait for approval and card delivery

Apollo 24/7 App:

Open the Apollo 24/7 app
Go to the Credit Card Offers section
Click on the Apollo Select Credit Card
Complete the online application

In-Store Application:

You can also apply at Apollo Pharmacy stores where card promotions are available.

Pros and Cons of Apollo SBI Select Credit Card

Let’s quickly look at the strengths and possible drawbacks of the card.

✅ Pros:

High cashback on medicines and lab tests
Health-focused features like doctor access and tests
Lounge visits and Priority Pass
Great for families with regular medical expenses
UPI support through RuPay card

❌ Cons:

High joining/annual fee (₹1,499)
Only useful if you shop from Apollo Pharmacy or Apollo 24/7
Limited use outside medical expenses

Frequently Asked Questions (FAQs)

1. What is the cashback on Apollo SBI Select Credit Card?

You can get up to 25% cashback on medicines and 20% on lab tests if you are a Circle member.

2. Can I use this card for UPI payments?

Yes, if you choose the RuPay variant, you can link the card to UPI apps.

3. How much do I need to spend to get the smartwatch?

You need to spend ₹6,00,000 in a year to get the Noise smartwatch worth ₹7,999.

4. What is the annual fee and how can I waive it?

The annual fee is ₹1,499, and it will be waived if you spend ₹1.5 lakh in a year.

5. Is this card better than the old Apollo SBI Card?

Yes, the new Apollo SBI Select Card offers better cashback, more health benefits, and travel perks.

6. Can I apply for the card without an SBI account?

Yes, you don’t need to have an SBI account to get the credit card.

Final Thoughts

The Apollo SBI Select Credit Card is more than just a payment tool—it’s a complete health and savings companion. If you or your family spend regularly on medicines, lab tests, or doctor consultations, this card can help you save thousands of rupees every year. It rewards you not only with cashback but also with real medical services, travel benefits, and lifestyle perks. Yes, the joining fee may seem a little high, but the overall benefits easily make up for it—especially if you use Apollo services frequently.

If you’re health-conscious and budget-minded, the Apollo SBI Select Credit Card is a smart choice for 2025.