SBI Card and Apollo HealthCo have launched a new co-branded credit card, the Apollo SBI Card SELECT, aimed at linking financial spending with health and wellness benefits. The announcement marks an extension of the ongoing strategic partnership between SBI Card, India’s largest standalone credit card issuer, and Apollo HealthCo, the operator of Apollo Pharmacy and the Apollo 24|7 platform.
Customers can apply for the Apollo SBI Card SELECT through digital channels including the Apollo 24|7 app and the SBI Card SPRINT feature on the SBI Card website (SBIcard.com). The card is also available at select Apollo Pharmacy outlets.
The Apollo SBI Card SELECT offers a value-back model for health-related purchases. Cardholders receive 10 per cent back as reward points and up to 15 per cent as health credits, totalling up to 25 per cent value back on spends made through Apollo 24|7 and Apollo Pharmacy. Reward points can be converted into health credits, which are redeemable across the full product range available on the Apollo 24|7 app and in Apollo Pharmacy stores.
Customers receive a ₹1,500 e-gift voucher as a welcome benefit, which can be used on Apollo 24|7 or at Apollo Pharmacy. The card also includes Apollo Circle membership benefits such as priority access to services and discounts on doctor consultations, diagnostic tests, and pharmacy orders.
In addition, Apollo SBI Card SELECT users receive a one-year complimentary FITPASS PRO membership. This provides access to a wide network of gyms, fitness centres, and wellness programmes across India.
Commenting on the launch, 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.”
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 includes lifestyle and travel-related benefits such as a spend-based annual fee reversal upon achieving annual spends of ₹3 lakh. Cardholders receive a two-year Priority Pass membership for international lounge access and four complimentary domestic airport lounge visits annually, limited to one visit per quarter.
Further benefits include accelerated earnings of two reward points per ₹100 spent on categories such as dining, movies, entertainment, and travel. Cardholders spending ₹50,000 within the first 90 days of joining—and on annual renewal—are eligible for a complimentary comprehensive health check-up. Customers spending ₹6 lakh annually will receive a free Noise smartwatch valued at ₹7,999.
The Apollo SBI Card SELECT carries a joining and renewal fee of ₹1,499 plus applicable taxes and is offered in both Rupay and Mastercard variants.