SBI Reward Points - How to Redeem SBI Reward Points?

Did you know you can earn rewards every time you shop with your SBI credit card? The State Bank of India (SBI) offers reward points whenever you use your SBI credit card on eligible shopping categories. 

If you use your SBI credit card regularly for shopping or other transactions, you accumulate SBI reward points, which you can use to buy vouchers, avail discounts or convert them into cash.

Curious about how it works? In this blog, we will discover how to earn, track, and redeem your reward points to make the most of your everyday spending.

Quick Look

• You can earn reward points when you use the card for online and offline shopping.
• You can use the points to shop for apparel, clothing, hotel and flight booking, etc.
• Remember to use your reward points in time, as they expire within 24 months.

What are SBI Reward Points?

To improve your credit card shopping experience, SBI offers a rewards program that allows you to earn rewards on purchases made in eligible categories. 

You can redeem these credit card rewards for a variety of options, including apparel, clothing, movie tickets, flight tickets, hotel stays, and even phone bill payments.

How to Redeem SBI Credit Card Reward Points?

There are different ways for SBI points redemption that you can use, such as:

Using SBI Mobile Banking

Using the mobile banking feature of SBI, you can redeem your SBI reward points easily:

Step 1: Log in to the ‘SBI Card mobile app’ on your device.

Step 2: Look for the reward section and choose the ‘Redeem Rewards’ option.

Step 3: Choose your preferred product or service and choose ‘Redeem now’.

Using the Net Banking Feature

Here are the steps to redeem the accumulated card points:

Step 1: Go to the credit card portal of SBI and log in.

Step 2: Look for the ‘Reward’ option and choose ‘Redeem Reward’.

Step 3: Select your item from the reward category and choose ‘Redeem now’ to complete the purchase.

By Contacting the SBI Customer Support

You can contact SBI customer support from your registered mobile for point redemption at 1860-180-1290 to talk with a representative. They will help you know how to redeem reward points on SBI credit cards.

Process to Convert Accumulated Reward Points into Cash

The bank not only allows you to redeem points online for purchases but also lets you convert SBI reward points into cash.

You can place a request by writing to the bank or calling 1860-180-1290.

Eligible Credit Card Transactions to Earn SBI Reward Points

The following product categories are eligible for credit card reward points:

• Apparel, accessories and superstores
• Dining and entertainment
• Homeware and electronics
• Lifestyle, health and fitness
• Luxury items and exclusive memberships
• Travel bookings and e-vouchers
• Kids zone

Benefits of SBI Reward Points Program

The SBI Reward Points Program offers several advantages, including:

• You can use your reward points to book flights at reduced rates and gain access to airport lounges.
• The program also allows you to book hotels at discounted prices.
• Upon reaching a specific spending threshold, the bank waives the renewal fee for your card.

Tips to Increase Your SBI Reward Points

Want to get the most out of your SBI credit card? Here are some smart tips to help you boost your reward points:

• Keep an eye on your reward points balance and expiry dates to ensure you do not miss out on using them before they lapse.
• Use your points for high-value redemptions like flight and hotel bookings, bill payments, and more.
• Earn up to 25 reward points for every ₹100 spent at selected petrol pumps.

Conclusion

You can earn SBI reward points whenever you swipe or use your SBI credit card for offline or online purchases. Redeeming these points is easy, you can redeem your rewards via mobile banking, net banking and by calling customer care.

But that’s not all. Credit cards come with a range of benefits beyond rewards. If you are just getting started or looking to build your credit history, you can opt for a secured credit card backed by a Fixed Deposit (FD).

Download the Stable Money app today to open an FD and apply for a secured credit card!