Apollo-SBI Card

Chennai, 26thSeptember 2018: The country`s second largest credit card issuer, SBI Card and Apollo Hospitals Group, India`s leading integrated healthcare services provider announced their partnership to launch the Apollo SBI Card–a first of its kind co-branded credit card in the healthcare segment. Designed to meet the complete healthcare needs of the family, the Apollo SBI Card is a pioneering product that offers an unmatched value proposition to consumers in the health and wellness space.

Indian healthcare and wellness market is growing rapidly with increasing demand for affordable healthcare and wellness services and products. Growing health consciousness across age groups together with penetration of healthcare into untapped markets are contributing to increased demand for healthcare. The Apollo SBI card is a first of its kind card that offers exclusive benefits and exceptional value to the wellness conscious consumer on all healthcare spends. Through this partnership, card holders will be able to access services from the extensive Apollo Healthcare ecosystem, which includes the Apollo Hospitals, Apollo Clinics, Apollo Pharmacy, Apollo Diagnostics, Apollo Cradle, Apollo Sugar, Apollo White Dental, Apollo Spectra, Apollo Life Studio,Apollo Telehealth Services (ATHS) and Apollo Homecare. The Apollo SBI Card willcomprehensively cover all the health and wellness needs of family members at different stages of the healthcare journey. 

Apollo SBI cardholders receive complimentary OneApollo membership through which they can enjoy exclusive discounts and savings of upto 10% on health check-ups, diagnostic services, pharmacy products, physiotherapy etc. Through this membership cardholders can avail complimentary services such as consultations, dental screening, home sample collection, counselling with diabetic educator and dedicated relationship manager at Apollo Cradle etc. Cardholders can avail savings and benefits of up to Rs 40,000 through the One Apollo membership. 

In addition to this, Apollo SBI Card offers cardholders the strongest savings proposition on their healthcare spends through an accelerated reward point structure. Cardholders earn 3 Reward Points per Rs 100 spent at any Apollo entity while spends on lifestyle categories such as dining and entertainment earn the cardholder 2 Reward Points for every Rs 100 spent. Cardholders can avail instant redemption of reward points at Point of Sale at any Apollo Healthcare centre and also redeem reward points for Apollo gift vouchers, thereby enjoying savings on their health and wellness spends at Apollo.

Highlights of Apollo SBI Card includes, complimentary OneApollo membership with discounts and savings of upto 10% on health check-ups, diagnostic services, pharmacy products, physiotherapy etc. 3 Reward Points per Rs 100 spent at Apollo entities, 2 Reward Points per Rs 100 spent on dining, entertainment and movies. Instant redemption of Reward Points at Point of Sale at any Apollo Health center. 1 Reward Point = Re. 1 . Redemption of Reward Points for Apollo Gift vouchers; Transfer of Apollo SBI Reward Points to OneApolloHealth Credits in Apollo ecosystem. Benefits and discounts across all participating Apollo business entities, fuel surcharge waiver across all petrol pumps, renewal fee reversal on annual spends of Rs 90,000 or more from second year. The card comes at an annual membership fee of Rs 499/ plus taxes, welcome benefit of 500 Reward Points worth Rs 500 etc.,