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SBI Card Collaborates with Apollo HealthCo to Launch Premium 'Apollo SBI Card SELECT'.

Banking & Finance | Dated: 22 May 2025

In May 2025, Gurugram (Haryana)-based SBI Cards & Payment Services Limited (SBI Card) partnered with Chennai (Tamil Nadu)-based Apollo HealthCo Limited (AHL), the operator of Apollo Pharmacy and Apollo 24/7, to launch the 'Apollo SBI Card SELECT'.

🎯 Key Highlights:

  • - This co-branded credit card targets health-conscious consumers by combining healthcare benefits with attractive financial rewards.
  • - This collaboration responds to the increasing demand for health-focused financial products in India.

💡 Other Important Facts:

  • (i) The Apollo SBI Card SELECT carries a joining and annual renewal fee of Rs. 499, which is waived if the cardholder spends Rs. 1,00,000 or more in the previous year.
  • (ii) Cardholders receive up to 25% value back on purchases made through the Apollo 24*7 app and select Apollo Pharmacy retail outlets, covering medicines, health check-ups, and diagnostic tests.
  • (iii) A welcome benefit of Rs. 1,500 e-gift voucher is provided (redeemable across Apollo’s digital and offline platforms), along with enhanced affordability on pharmacy products, diagnostic packages, and wellness services.

📚 Test Your Knowledge:

Which company recently partnered with SBI Card to launch the premium credit card 'Apollo SBI Card SELECT'?

Correct Answer: Apollo HealthCo

🚀 Quick Recap: