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SBI Card is one of India’s leading credit card issuers. It provides a wide range of credit cards that help individuals get more out of their everyday spending. They do this through their robust rewards programme that helps cardholders redeem their reward points against a wide variety of goods and services. 

How to Earn SBI Credit Card Reward Points

You can earn SBI credit card reward points by making transactions with your credit card. The rate at which you accumulate points will depend on the type of credit card you have and your usage. You can get a general sense of how your reward points will accumulate by learning more about your credit card’s rewards’ structure. Here’s how you can do that: 

  • Step 1: Visit SBI Card’s Rewards portal - https://www.sbicard.com/en/personal/rewards.page

  • Step 2: Choose your credit card variant 

  • Step 3: Click on ‘Terms and Conditions’ 

  • Step 4: Choose 'Shop-and-Smile'

  • Step 5: Click on 'Points Earned/Accumulated/Redeemed In The Program' to know how reward points will accrue for different types of transactions

How to Redeem SBI Credit Card Reward Points

You can redeem your accumulated points through SBI Card’s official website or their mobile app. Here’s how you can go about doing the same: 

1. Redeem Through SBI Card’s Official Website 

  • Step 1: Log in to sbicard.com 

  • Step 2: Click on 'Rewards' and choose 'Redeem Rewards'

  • Step 3: Browse through the Rewards Catalogue and select the items you want to buy 

  • Step 4: Click on ‘Redeem Now’ 

 

Congratulations, you have successfully redeemed your reward! 

2. Redeem Through SBI Card’s App 

  • Step 1: Log in to the SBI mobile app 

  • Step 2: Click on 'Rewards' and choose 'Redeem Rewards'

  • Step 3: Look through the Rewards Catalogue and choose the items you want to buy 

  • Step 4: Click on ‘Redeem’ to confirm your order 

 

And, that’s it! You’ve successfully redeemed your rewards. 

List of Some of the Top SBI Credit Cards for Reward Points

The SBI credit card reward points for different SBI card variants are provided below.

Credit Card Variant 

Rewards’ Structure

SBI Card PRIME

  • You can earn 10 reward points for every ₹100 you spend on departmental stores, movies, dining, and groceries.

  • You can earn 2 reward points for every ₹100 you spend on all other retail purchases except fuel.

  • You can enjoy a 1% fuel surcharge waiver on fuel purchases worth ₹500 to ₹4,000 across all the petrol stations in the country. This surcharge waiver is capped at ₹250 per statement cycle.

  • You can earn extra 20 reward points for every ₹100 spent on your birthday.

SBI Card ELITE

  • With this SBI credit card, you can earn up to 50,000 reward points that amount to ₹12,500 per year.

  • By spending ₹3 Lakhs and ₹4 Lakhs annually, you can earn 10,000 bonus reward points.

  • By spending ₹5 Lakhs and ₹8 Lakhs annually, you can earn 15,000 bonus reward points.

  • You can earn 5X reward points on groceries, departmental stores, and dining spends.

  • You can earn 2 reward points for every ₹100 you spend on all non-fuel purchases.

  • You can enjoy a 1% waiver on fuel surcharge across all petrol stations in the country. This surcharge waiver is capped at ₹100 per month per statement cycle.

Disclaimer: Please note that rewards details mentioned in the table are only indicative. These are subject to change at the providers’ discretion. 

How to Check SBI Credit Card Reward Points

The following ways can be used to check the SBI credit card reward points.

  • Through the summary of your reward points on the most recent statement of your credit card. 

  • You can use Chatbot ILA to log in to your account and inquire about the reward points.

  • By giving a missed call to 8422845514 from your mobile phone. 

  • You can use the SMS feature and send ‘REWARDS <space> your SBI credit card’s last four digits’ to 5676791 from your registered phone number.

  • By logging into the SBI net banking website and checking the ‘Rewards’ section. 

  • You can view your SBI credit card reward points by using the SBI mobile app. 

SBI Credit Card Rewards Catalogue

You can redeem your SBI credit card reward points against a number of products across categories. Here are some of them: 

  • Accessories

  • Entertainment and Dining

  • Books and Periodicals

  • Apparel and Superstore

  • Electronics

  • Health and Fitness

  • E-voucher

  • Homeware

Air Mile Conversion of SBI Credit Card Reward Points

Convert your reward points into Air Miles by calling SBI Card’s helpline at 1860 180 1290 or 39020202. Note that converting your reward points into Air Miles is subject to SBI Card’s terms and conditions. 

Transactions Non-Eligible for Reward Points

Some transactions made using your SBI Card will not accrue reward points. These are listed below: 

  • Cash withdrawal

  • E-wallet loads 

  • Disputed transactions

  • Balance transfers 

  • Encash or Dial-a-draft transactions

  • Fuel transactions

  • Late payment charges, dishonoured fees, etc. 

Frequently Asked Questions

What are the redemption fees on the SBI Card?

SBI Card charges a rewards redemption fee of ₹99 for each redemption request. 

Can I consolidate reward points on multiple SBI credit cards?

No, you will not be able to consolidate reward points from multiple cards. 

How to convert SBI credit card points to cash?

You can convert your reward points to cash by writing to SBI Card at sbicard.com/email or by calling their helpline. 

Can I pay my SBI credit card outstanding amount using my reward points?

Yes, you can settle your outstanding amount with reward points. Note that you can only use your reward points in the multiples of 2,000 for the same. 

Can I know my SBI credit card reward points value in rupees?

The value of SBI credit card reward points in rupees varies based on the redemption option chosen. Generally, the value ranges from 25 paise to 1 rupee per reward point. This means, 1000 Reward Points get you shopping worth Rs. 250 for free. Redemption options include merchandise, vouchers, and statement credit. It's advisable to check the specific redemption catalog or contact SBI Card customer service for the most accurate and up-to-date information. 

How do I redeem my reward points?

You can reward redeem your SBI Card reward points on the official website or app.

Can I redeem my reward points against flight bookings?

Yes, you can convert your reward points into Air Miles by getting in touch with SBI Card’s customer support team. 

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