SBI Credit Card Reward Points

By using SBI credit card to make purchases at retail stores and online payments, you can get the most out of every rupee you spend in the form of reward points. These reward points can be exchanged for merchandise, gift vouchers, reversal of fees, etc. Though the reward points are usually not considered while applying for a card, yet the benefits they provide usually help the cardholder save significantly while repaying the amount due and on making purchases.

The rate of reward earning differs from one SBI Card to another. Some credit cards offer bonus rewards on reaching a spending milestone, some cards offer extra rewards based on the transaction made. The table given below shows reward earnings on different SBI credit cards-

On some SBI Credit Cards, especially those with travel-centric benefits, you can convert the accumulated reward points into air miles and redeem the same for booking a flight ticket. The air mile conversion feature is available on the following SBI Cards-

• Air India SBI Platinum Card
• Air India SBI Signature Card

The rate of air mile conversion is 1 Reward Point = 1 Air India Mile. Note that these air miles can be redeemed only when booking flight tickets on Air India.

Apart from this, there are other SBI credit cards launched in collaboration with Vistara Flights and let the user earn Club Vistara points every time they shop using the card. These cards are-

• SBI Card ELITE
• SBI Card PRIME
• SBI Card ELITE Advantage
• SBI Card PRIME Advantage

SBI credit card reward points can be redeemed online as well as offline. There are two online options- through website and through mobile app. Points can be redeemed against gift vouchers and items shown in the SBI credit card rewards catalogue.

How to Redeem SBI Credit Card Reward Points Online?

Follow the steps given below for online reward point redemption-

Step 1- Login to SBI Card portal using your customer ID and Password.
Step 2- Go to the ‘Rewards’ section and click on ‘Redeem Rewards’.
Step 3- Filter the Reward Points, City and Category.
Step 4- Check the items on ‘Rewards Catalogue’ and select one as per your choice.
Step 5- Click on ‘Redeem Now’ to confirm.

How to Redeem SBI Credit Card Reward Points through Mobile App?

Follow the steps given below for online reward point redemption-

Step 1- Login to SBI Card mobile app using your Customer ID and Password.
Step 2- From the left side menu, select ‘Rewards’ and click on ‘Redeem Rewards’.
Step 3- Filter the Reward Points, City and Category.
Step 4- Check the items on ‘Rewards Catalogue’ and select one as per your choice.
Step 5- Click on ‘Redeem Now’ to confirm.

You can either pay for the item in points altogether or choose the ‘Points+Pay’ option where you can redeem your points and pay the additional amount from credit card.

How to Get Cash Credit against SBI Credit Card Reward Points?

If you would not like to buy any item, instead get cash credit directly into your credit card account, you would have to call on SBI Credit Card Customer Care Numbers–

• 1800 180 1290
• (prefix local STD code) 39 02 02 02

You can also send an email by visiting sbicard.com/email.

With your SBI credit card reward points, you can get the following types of items-

• Electronics
• Homeware and Kitchenware
• Lifestyle and Luxury
• Dining and Entertainment
• Apparel and Accessories
• Health and Fitness
• Travel and Holiday
• E-vouchers

Items from renowned brands like Apple, Phillips, Prestige, Wildcraft, American Tourister, Titan, Paul Smith, Fab India, Yatra, Shoppers Stop, etc. are offered by SBI Card against your accumulated reward points.

How can I check my reward point summary?
Your credit card statement also shows the closing balance of your reward points. Alternately, you can also send an SMS -REWARDS (Last four digits of your card number) from your registered mobile number to 5676791. You can also login to your SBI Credit Card account on their web portal or mobile app to check your reward point summary.

How much time does it take for the reward redemption benefit to reach me?
If you have opted for an e-voucher, it will be delivered within 3-10 working days. Catalogue products take 15-30 days to be delivered to your address.

Are there any charges for redeeming SBI Credit Card Reward Points?
Yes. SBI Card charges Rs.99 plus GST for reward point’s redemption.

Can I consolidate reward points on multiple SBI Credit Cards?
No. Reward points can only be redeemed for the card on which the points are earned.

Can I cancel a reward redemption order?
You can cancel an order on the same day before 4 pm by calling on SBI Card helpline.

Can I change the delivery/billing address once the order is placed?
The item will be delivered only to the registered address of the primary owner. Any change in address can be made by calling SBI Card customer care and it will be made after proper verification.

Do SBI Credit Card Reward Points expire?
Yes. Reward points accrued on the card are valid up to 24 months.

Can we convert SBI credit card reward points to cash?
Yes, SBI Card has provided the facility to convert Reward Points into cash. You can call on the toll-free number 1800 180 1290 or (prefix local STD code) 39 02 02 02 and ask for the conversion of your points in cash. You can also write a mail by visiting https://www.sbicard.com/en/webform/write-to-us-login.page.

What is the value of SBI credit card reward points?
The value of SBI credit card reward points is different for different cards. Some cards offer 1 RP= 1 Air mile whereas while converting into cash, the rate is 1 RP= Rs. 0.25 for most cards.

Where we can use SBI reward points?
You can use SBI credit card Reward Points for the following:

Do SBI reward points expire?
Yes, SBI credit card reward points expire after 24 months from its accrual. It is recommended that the cardholder should use the reward points before its expiry.

Can I transfer SBI reward points?
No, you cannot transfer SBI reward points. You can redeem the credit card reward points for vouchers, gifts and cash but cannot transfer it to others.