SBI Credit Card Rewards Catalogue

The SBI Reward Catalogue has a wide array of merchandise to offer which can bring out the shopping instincts of every person. All items listed under the vared categories have their relevant reward points mentioned for you to plan your list of purchases.

There are different ways through which you can redeem the earned reward points. You can opt for any of the following methods for redemption-

Online-

You can redeem your reward points online in the following manner:

• Log on to sbicard.com by using your user ID and password
• Check the Rewards Catalogue available online and select the preferred products
• After selection, you can place an order for the same which will be delivered to your registered postal address

Note– Do keep in mind the points balance while choosing the gifts. The delivery time may vary depending upon the chosen product and can extend up to 10 days.

Via Customer Care-

• Get in touch with the Customer Care of the Bank via phone
• The representative will brief you about the points balance and the procedure that needs to be followed
• Give the details of your preferred product to the representative and place an order for the same
• Provide all the required details upon request
• Download the Redemption form available online, fill in the required details and email it to the Customer Care Department of your bank

Note– It is to be noted that the delivery of the products may take up to a maximum of 10 days and any additional charges incurred for the same will be charged to your card.

Via Post-

• Download a Redemption Form online or procure one from any of the nearest SBI branch
• Fill out the form with all the required details
• Mail it to the SBI Credit Card Division’s postal address

Note– Once the form is received by the bank, it may take 10 to 15 days for your products to be delivered with the deduction of the relevant reward points from your balance.

In-store-

SBI has partnered with a few online as well as offline retail stores which facilitate the purchase of goods by using the reward points as payment. Any additional amount over and above the redeemed points is charged to your Credit Card.

SBI charges a rewards redemption fee of Rs.99 along with applicable taxes which are eventually debited from your SBI Card account. This fee is applicable on every redemption request in lieu of the processing and delivery expenses. It is to be noted that this fee is chargeable only once in 24 hours for any number of items that you may redeem during the defined period.

Is there any expiry date of the Reward points accumulated?

All reward points have a stipulated time within which they should be utilized which is normally any time between 2 to 3 years from the time they are credited to your balance. However, these are subject to change as per the prevailing rules of the bank. Also if a credit card has been inactive for a period of more than 6 months, the reward points may become invalid.

Can the SBI Credit Card Reward Points be redeemed for cash?

Yes, you can redeem the reward points for cash by calling the Customer Care helpline and requesting for the same.

Are the reward points accumulated on various SBI Cards transferable from one account to the other?

The reward points are non-transferable and can only be used by the card they have been earned on.

If my SBI Credit Card is closed, do the reward points earned on the same have validity?

The reward points remaining on a card that has been closed are invalid and cannot be redeemed.

Are the SBI Credit Card dues payable through the reward points collected on them?

Yes, there is provision to use your reward points for clearing your outstanding amount on the card but they can be used only in multiples of 2000 only.