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SBI Credit Card Reward Points
Most banks have multiple credit card schemes based on the credibility and requirement of the customers that they cater to. Credit cards are now aligned to reward schemes which will help the cardholder accumulate reward points which can be redeemed under various categories. This encourages the cardholder to use the card more often and across all daily transactions. Hefty transactions conducted with credit card is likely to help the customer earn more points and free coupons or tickets. A cardholder can manage to make substantial savings by using the credit card judiciously and accumulating reward points. Often, many banks allow cash conversion on reward points.
SBI is one of the most reputed banks in India. They offer a variety of credit cards to suit the needs of various customers. The SBI rewards is available on swiping the card across various merchants in India or International destinations. SBI Reward Catalogue is published every year which will provide the SBI reward points gift list. The Reward Points Redemption can be done against the gift list under various categories.
About Punjab National Bank Credit Card Reward Points
SBI credit cards reward points
There are various categories of credit cards available with SBI, the reward points are aligned based on the type of card owned by the cardholder.
| Category of card | Type of card | Features and benefits |
|---|---|---|
| Lifestyle cards | SBI Card Elite / SBI Card Elite advantage | e-gift voucher worth Rs. 5000 on joining Free movie tickets worth Rs. 6000 every year Reward points of 50,000 bonus = Rs. 12,500 / year Reward points of 10,000 bonus for annual spends of Rs. 3 – Rs. 4 Lakhs 5x points on dining, departmental purchases, grocery purchases 2 points per Rs. 100 on all other spends Complementary membership to priority pass program worth $99 6 complimentary airport lounge visits (International) Access to over 1000 airport lounges worldwide 2 complementary airport lounge visits (domestic) Complimentary club Vistara silver membership Trident privilege membership Lowest forex markup charge of 1.99% on international usage Exclusive concierge service Annual fee (one-time) – Rs. 4,999 Renewal (p.a) – Rs. 5,000 |
| Doctor’s SBI Card (in association with IMA) | Only credit card affiliated with Indian Medical Association (IMA) Professional indemnity insurance cover of Rs. 10 Lakh e-gift Yatra.com voucher worth Rs. 1,500 on joining 5x reward points on Medical supplies, travel bookings and International spends 5x reward points on all spends on Doctor’s day (1st July) 1 reward point per Rs. 100 for all other spends 2 complementary airport lounge visits (International) Complementary membership to priority pass program worth $99 8 complementary airport lounge visits (Domestic) 1% Fuel Surcharge Waiver at petrol pumps across India with minimum spend between Rs. 500 to Rs. 4000 Annual fee (one-time) – Rs. 1,499 Renewal (p.a) – Rs. 1,499 | |
| Rewards card | SBI Card Prime / Prime advantage | e-gift Voucher worth Rs. 3,000 20 reward points per Rs. 100 spent on standing instructions of utility bill payments 15 reward points per Rs. 100 spent on departmental chains 10 reward points per Rs. 100 spent on dining, groceries, departmental stores and movies Pizza hut voucher worth Rs. 1000 on spend of Rs. 50,000 in a calendar quarter Waiver of renewal fee on annual spends of Rs. 3 Lakh e-gift voucher worth Rs. 7,000 on annual spends of Rs. 5 Lakh complementary Trident membership Complementary club Vistara membership Lounge access (4 International; 8 domestic) 20 reward points per Rs. 100 spent on birthday 4 complimentary rounds on Green Fees per year 1 complimentary golf lesson per month at select courses in India 10% off on Hertz car rental and up to 35% off on Avis Car Rentals |
Annual fee (one-time) – Rs. 2,999 Renewal fee (p.a) – Rs. 2,999 | ||
| Apollo SBI Card | Complementary Apollo Silver Tier Membership 500 reward points worth Rs. 500 on payment of joining fee 3x reward points on every Rs. 100 spent on all Apollo services Upto 10% instant discount at Select Apollo Services Spend based fee reversal 1% fuel surcharge waiver across all petrol pumps in India; maximum surcharge waiver of Rs. 100 monthly Annual fee (one-time) – Rs. 499 Renewal fee (per annum) – Rs. 499 | |
| TATA Star platinum card | E-voucher gift worth Rs. 3500 on STAR outlets (joining gift) | |
E-voucher gift worth Rs. 3000 on popular outlets (joining gift) 2% cash bank on Croma spends 5% value bank on TATA outlet spends 3x reward points on departmental stores, dining, grocery spends and international spends 1 point per Rs. 100 spent on other retail stores 1% fuel surcharge waiver across all petrol pumps in India; maximum surcharge waiver of Rs. 250 monthly Lounge access (8 domestic) Worldwide acceptance Book your railway tickets online and enjoy home delivery Online payment of utility bills Annual fee (one-time) – Rs. 2,999 + GST Renewal fee (per annum) – Rs. 2,999 + GST | ||
| Shopping cards | SimplyCLICK SBI Card | Amazon gift card worth Rs. 500 10x reward points on online spends with exclusive partners Exclusive partners include Amazon, Bookmyshow, Cleartrip, Foodpanda, Lenskart, UrbanClap 5x rewards for all other online spends Voucher worth Rs. 2000 on annual online spends of Rs. 1 Lakh 1% fuel surcharge waiver for transaction between Rs. 500 and Rs. 3000 Annual fee waiver on annual billing of Rs. 1 Lakh Annual Fee (one-time) – Rs. 499 Renewal fee (per annum) – Rs. 499 |
| SimplySAVE SBI Card | 2000 bonus points on Rs. 2000 or above spent within first 60 days of issuance of card 10 points per Rs. 100 spent on dining, movies, departmental and grocery spends 1 point per Rs. 100 spent on all other spends 1% fuel surcharge waiver for transaction between Rs. 500 and Rs. 3000 Annual Fee (one-time) – Rs. 499 Renewal fee (per annum) – Rs. 499 | |
| SBI Card Unnati | No charges for first 4 years 1 reward point per Rs. 100 spent Rs. 500 cashback on annual spend of Rs. 50,000 1% fuel surcharge waiver across all petrol pumps | |
| Central SBI Select+ Card | Benefits worth Rs. 5000 20 points per Rs. 100 spent at any central store 10 points per Rs. 100 spent on movies and dining 2 points per Rs. 200 on other retail spends Annual Fee (one-time) – Rs. 2999 Renewal fee (per annum) – Rs. 2999 | |
| Central SBI Select Card | Welcome benefits worth Rs. 1500 10 points per Rs. 100 spent at any Central store 5 select points per Rs. 100 spent on movies and dining 1 point per Rs. 100 on other retail spends Annual Fee (one-time) – Rs. 750 Renewal fee (per annum) – Rs. 750 | |
| Styleup Contactless Card | 10% discount on all purchases except grocery in fbb and big bazaar outlets 10x points on big bazaar, fbb and dining spends Fbb voucher worth Rs. 500 on joining 2000 bonus points on card anniversary Enabled with contactless technology Annual Fee (one-time) – Rs. 499 Renewal fee (per annum) – Rs. 499 | |
| Capital First SBI Card | 2000 bonus points on spend of Rs. 2000 or more in the first 60 days 10 points for every Rs. 100 spent on dining, movies, electronics spend 2000 bonus points on card anniversary 2nd year onwards Annual Fee (one-time) – Rs. 499 Renewal fee (per annum) – Rs. 499 | |
| SimplyCLICK Advantage SBI card | Amazon.in Gift Card worth Rs. 500 on joining 5X Reward Points on online spends 10X Reward Points on online spends with exclusive partners Exclusive partners include - - Amazon, BookMyShow, Cleartrip, Foodpanda, Lenskart, UrbanClap E-vouchers worth Rs.2000 on annual online spends of Rs.1 Lakh and Rs.2 Lakhs each Annual Fee (one-time) – Rs. 499 Renewal fee (per annum) – Rs. 499 | |
| SimplySAVE Advantage SBI card | 10 Points per Rs.100 spent on Dining, Movies, Departmental Stores and Grocery Spends Annual fees reversal on annual spends of Rs. 1,00,000 and above 1% fuel surcharge waiver across all petrol pumps Annual Fee (one-time) – Rs. 499 Renewal fee (per annum) – Rs. 499 | |
| Travel & Fuel Cards | BPCL SBI Card | 2,000 card activation Bonus Reward Points worth Rs.500 4.25% Value back - 13X Reward Points on every Rs.100 spent on fuel purchases. 5X Reward Points on every Rs.100 spent at Groceries, Departmental stores, Movies, Dining & Utility bill Annual Fee (one-time) – Rs. 499 Renewal Fee (per annum) – Rs.499 |
| Yatra SBI card | Gift Vouchers worth Rs. 8250 Rs. 1,000 Off *on Domestic Airfare. Rs. 4,000 Off* on International Flight Booking. 20% Off* on Domestic Hotel Bookings Annual Fee (one-time) – Rs. 499 Renewal Fee (per annum) – Rs. 499 | |
| Air India SBI Signature Card | 20,000 Reward Points as Welcome Gift Card Anniversary gift of 5,000 Reward Points every year Upto 30 Reward Points for every Rs. 100 spent on Air India tickets. Up to 1,00,000 Bonus Reward Points on annual spends Annual Fee (one-time) – Rs. 4,999 Renewal Fee (per annum) – Rs. 4,999 | |
| Air India SBI Platinum Card | 5,000 Reward Points as Welcome Gift Card Anniversary gift of 2,000 Reward Points, every year Upto 15 Reward Points for every Rs. 100 spent on Air India tickets Up to 15,000 Bonus Reward Points on annual spends of Rs. 2 lakh & above Annual Fee (one-time) – Rs. 1,499 Renewal Fee (per annum) – Rs. 1,499 | |
| Chennai Metro SBI Card | Dual usage Chennai Metro travel cum credit card Get 2000 Bonus Cash Points on spends of Rs. 2000 in the first 60 days 10 X Rewards on Dining, Movies, Departmental and Grocery spends 1 Reward Point per Rs. 100 spent on other categories Annual Fee (one-time) – Rs. 499 + GST Renewal Fee (p.a) – Rs. 499 + GST | |
| Mumbai Metro SBI Card | Rs. 50 bonus preloaded for your Mumbai Metro travel Auto top up of Mumbai Metro wallet by Rs. 200 as soon as the balance reaches Rs. 50 Get 2000 Bonus reward points on spends of Rs. 2,000 within first 60 days 10X Rewards on Auto Top up spends Annual Fee (one-time) – Rs. 499 Renewal Fee (p.a) – Rs. 499 | |
| IRCTC SBI Platinum Card | Upto 10% value back as Reward Points for railway ticket purchases 350 bonus Reward Points on activation 1.8% transaction charges waiver, on railway ticket bookings on irctc.co.in 1% fuel surcharge waiver at all petrol pumps Annual Fee (one-time) – Rs. 499 Renewal Fee (p.a) – Rs. 499 |
SBI Rewards Redemption options
There are various redemption options applicable for SBI Credit card reward points. One can opt for any of the below-mentioned redemption options to redeem the shop and smile reward points
- Redemption against Gift Voucher can be made through sbicard.com or SBI card mobile app
- Redemption against Cash can be made by writing to SBI via Email / post as sbicard.com/email or by calling at helpline
SBI Credit Card Reward Points Frequently Asked Questions
1. Can the cardholder check reward points summary?
Yes, the cardholder can check reward points summary in the following methods –
- Refer latest credit card statement
- SMS REWARD (along with last 4 digits of card number) to 5676791 from registered mobile number
- logging in to sbicard.com > Dashboard > at the bottom, the rewards points summary & expiring rewards points are displayed
- Log in to sbicard.com > Dashboard > at the bottom, the rewards points summary & expiring rewards points are displayed
Merchandise, movies, e-voucher, air ticket, hotel and recharge are some of the categories under which reward points can be redeemed.
2. Are there any charges applicable on redemption of reward points on SBI credit card?
A redemption fee of Rs. 99 + GST is applicable on every redemption request processed for the cardholder.
3. Can cardholder club the reward points from multiple cards and make single request for redemption?
No, every card is processed individually. Balance transfer of reward points is not allowed across various credit cards.
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