SBI Credit Card Reward Points - How To Redeem SBI Credit Card Reward Points?

By Mayashree Acharya


Updated on: Jun 6th, 2024


19 min read

State Bank of India (SBI) is one of India’s most reputed banking institutions. The bank offers its customers several services along with the credit card facility on their SBI savings or current account. By using SBI credit cards, you can win reward points for shopping, travelling, and buying OTT subscriptions. Moreover, the bank provides several credit cards depending on the needs of its customers. 

Thus, you can get a credit card as per your preferences to maximise your chances of winning SBI credit card reward points. Keep reading this article as we highlight the best SBI credit cards for winning reward points as well as how to redeem such points.

Top SBI Credit Cards for Earning Reward Points

The table below highlights the best SBI credit card reward points:

SBI Credit Card Annual FeeRewards
SBI Card EliteRs. 4,999
  • Movie tickets worth Rs. 6,000 every year.
  • Win up to 50,000 bonus reward points worth Rs. 12,500/ year.
  • Welcome e-gift voucher worth Rs. 5,000.
  • 5 times more reward points for spending on dining, departmental stores and grocery.
  • Win 2 reward points per transaction of Rs. 100. This does not include buying fuel.
  • 2 domestic airport lounge visits every 3 months.
  • 6 international airport lounge visits every year.
  • Lowest forex markup of 1.99%.
SBI Card Prime

Rs. 2,999


  • 2 reward points per Rs. 100 spent on retail purchases. 
  • 10 reward points per Rs. 100 spent on groceries, dining, departmental stores and movies.
  • Welcome e-gift voucher worth Rs. 3,000.
  • 20 reward points per Rs. 100 spent on your birthday.
  • Waiver of renewal fee if you spend Rs. 3 lakh in the previous year.

Doctor's SBI Card (in association with IMA)


Rs. 1,499
  • It is the only credit card connected with the Indian Medical Association (IMA).
  • Professional indemnity insurance cover of Rs. 20 lakhs.
  • Welcome e-gift voucher worth Rs. 1,500. 
  • 5 times more reward points when you spend on medical supplies and travel bookings.
  • 5 times more reward points on transactions on Doctor’s Day (1st July).
  • 1% fuel surcharge waiver if the purchase is between Rs. 500 and Rs. 4,000.

SBI Pulse Credit Card


Rs. 1,499


  • Smartwatch worth Rs. 5,999.
  • 10 reward points per Rs. 100 spent on chemist, pharmacy, dining and movies.
  • 2 reward points per Rs. 100 spent on all other transactions.
  • Air accident cover of Rs. 50 lakhs
  • Waiver of renewal fee on annual spending of Rs. 2 lakhs.

Air India SBI Signature Card


Rs. 4,999
  • Welcome gift of 20,000 reward points.
  • 4 reward points for each Rs. 100 spent.
  • 30 reward points on each Rs. 100 spent on Air India flights booked via Air India’s website or app.



Rs. 1,499
  • 25 reward points for each Rs. 100 spent at BPCL Fuel, Lubricants & Bharat Gas. The payment must be via BPCL’s website or app.
  • 10 reward points for each Rs. 100 spent on departmental Stores, dining, grocery and movies.
  • Waiver of 1% fuel surcharge at all BPCL petrol pumps if the transaction is over Rs. 4,000.

Characteristics of the SBI Credit Card Reward Points Program

Before you know how you can redeem your reward points, it is important to know the characteristics of such points. Here, we have covered some of the key features of SBI credit card reward points that you must remain aware of:

  • Travel Benefits

The SBI credit card reward points offer several travel benefits, such as complimentary lounge access at domestic and international airports. You can also get discounts on flight and hotel bookings while booking through travel platforms. 

  • Fuel Benefits

You can get a 1% fuel surcharge waiver with SBI credit card reward points. With a BPCL SBI Card OCTANE, you can win 25 reward points for every Rs. 100 spent on BPCL products via their website and app.

  • Dining Benefits

SBI credit cards offer several dining benefits, such as winning reward points for spending a certain amount on dining, groceries, and other expenses.

  • Renewal Offers

On spending a certain amount in the previous year, your renewal fee for the next year can be waived. However, this is dependent on the variant of the credit card the user is using. 

  • Medical Benefits

The Doctor's SBI Card is the only credit card with the stamp of the Indian Medical Association. With it, you can get professional indemnity insurance coverage of Rs 20 lakh.

How to Earn a SBI Credit Card Reward Point?

You can earn SBI credit card reward points by using your card for different online and offline transactions. Different cards are meant for different kinds of transactions. You should go through the terms and conditions of your credit card to know the best way to earn rewards from it. Moreover, you can go through SBI’s official website to get detailed information.     

How to Check the SBI Credit Card Reward Points?

Checking your SBI credit card reward points is easy and comprises of different modes. Below, we have discussed each mode with a detailed breakdown of steps to follow.

Logging in to the Website

You can check your SBI credit card reward points by visiting the net banking portal. Just follow the below steps:

Step 1: Visit the net banking portal of SBI Bank.

Step 2: Login with your credentials

Step 3: Go to the dashboard, and scroll to the bottom to find the reward points summary along with the expiry date.

Credit Card Statement

You can find the summary of your reward points on your latest credit card statement. For this, you will have to check the reward points summary section.

Interacting with SBI’s ILA Chatbot

You can interact with SBI’s ILA chatbot to find your statement. Here are the steps to follow:

Step 1: Open the chat box and click on ‘Statement’.

Step 2: Then enter “I want to view my statement”.

Step 3: Log in with your credit card credentials to view your statement.


You can send an SMS with the message REWARD followed by the last 4 digits of your credit card number to 5676791 to learn about your reward points summary.

Mobile App

You can log in to the SBI mobile app to find out the reward points on your SBI credit card.

Giving Missed Call

You can give a missed call at 8422845514 from your registered phone number to find out your SBI credit card reward points.

How to Redeem the SBI Credit Card Reward Points?

You can redeem the SBI credit card reward points via net banking, or using the mobile application. Check below to know the steps for each mode:

Net Banking

Here’s how to redeem SBI credit card points via net banking:

Step 1: Visit the net banking portal for SBI Bank’s credit card.

Step 2: Log in using your user ID, mobile number, or card details.

Step 3: Visit the ‘Rewards’ section and click on ‘Redeem Rewards’.

Step 4: From the rewards catalogue, select the items you want to buy.

Step 5: Click on ‘Redeem Now’ to finish the transaction.

Mobile App

Here’s how to redeem SBI card reward points by using SBI’s mobile app:

Step 1: Download SBI’s mobile app from the PlayStore or App Store

Step 2: Log in with your credentials.

Step 3: On the left side, you will find the ‘Rewards’ option. Tap on it.

Step 4: Now tap on ‘Redeem Rewards’.

Step 5: Go through the ‘Rewards Catalogue’ and choose the items that you want to buy.

Step 6: Tap on ‘Redeem’ to confirm the transaction.

SBI Credit Card Rewards Catalogue

You can redeem your SBI credit card reward points across the following categories:

  • Accessories
  • Apparel and Superstore
  • Books and Periodicals
  • Electronics
  • Offer of the Month
  • Entertainment and Dining
  • E-Voucher
  • Health and Fitness
  • Homeware
  • Kids Zone
  • Lifestyle
  • Luxury
  • Memberships
  • Travel and Holiday

You can visit the SBI website to check the products you can buy under various categories.

Redeem SBI Reward Points for Cashback

To convert SBI credit card reward points to cash, you will have to write an email to SBI or call the helpline number 1860 180 1290.

Overall, here we have discussed all the major aspects of SBI credit card reward points that you must remain aware of. You can choose your SBI credit card according to your transaction preferences, as different credit cards provide you with different types of rewards on your accumulated points.

To make the most of your credit card, go for the transactions which yield the maximum rewards. You can redeem your rewards points across categories such as accessories, apparel, books, electronics, e-vouchers, health, lifestyle, travel, and luxury. Also, as discussed above, you can use both net banking and the SBI mobile app to redeem your points by following the steps we mentioned.

Related SBI Articles:
1. SBI Bank Balance Check Number  
2. SBI Credit Card Customer Care Number
3. SBI ATM Card Block - How To Block SBI ATM Card?
4. SBI Debit Card - How To Activate SBI Debit Card Online/Offline?
5. Close SBI Credit Card - How To Close SBI Credit Card?
6. Unblock SBI Credit Card - How To Unblock SBI Credit Card?
7. How To Block SBI Credit Card?
8. SBI Debit Card PIN Generation - How To Generate SBI Debit Card PIN?
9. SBI Car Loan Customer Care (24x7 Toll Free) Number
10. How to Check and Download SBI Loan Statement?
11. How to Pay SBI Credit Card Bill?

Frequently Asked Questions

How can I check the SBI credit card reward points summary?

You can check it from your latest account statement or by logging in to the net banking portal of SBI Bank.

How much time does it take for SBI credit card reward redemption benefit to reach me?

E-vouchers are usually delivered in 5 days, and gifts are delivered in 15 days.

Are there any charges to redeem SBI credit card reward points?

Yes, you will be charged Rs. 99 + GST for redeeming your SBI credit card reward points.

Can I change the delivery or billing address after placing an order through my SBI credit card?

You should call the customer care number 1860 180 1290 to have the order delivered to your new address.

What is the validity period of SBI credit card reward points?

They have a validity period of 2 years.

How can I redeem SBI credit card points in cash?

To redeem your SBI credit card reward points for cash, you will have to email SBI or contact their helpline number 1860 180 1290.

What is the worth of SBI credit card reward points in rupees?

For most cards, 1 reward point equals Rs. 0.25.

Can I earn reward points on a SBI debit card?

Yes, you can also reward points on a SBI debit card.

Can I redeem my SBI credit card reward points if the card has been closed?

No, once your card has been blocked or closed, it is impossible to redeem your SBI credit card reward points.

Is it possible to pay the SBI Credit Card outstanding by using my reward points?

Yes, you can pay your outstanding balance by using your reward points in the multiples of Rs. 2000.

Do the reward points accrued on my card expire?

Yes, they will expire after 2 years from the date of accumulation.

What are the different options by which the reward points can be redeemed?

The SBI credit card reward points are redeemed by visiting SBI's website or by using the mobile app.

What is the process to redeem the reward points via SBI's mobile app?

After logging in, you have to tap on ‘Rewards’ on the left side and then tap on ‘Redeem Rewards’. Then, you can purchase the items from the rewards catalogue.

What is the process to redeem the reward points on the bank's website?

You have to log in using your credentials and then browse through the rewards catalogue to purchase the items of your choice.

About the Author

I am an advocate by profession and have a keen interest in writing. I write articles in various categories, from legal, business, personal finance, and investments to government schemes. I put words in a simplified manner and write easy-to-understand articles. Read more

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