SBI Credit Card Reward Points - How to Earn, Redeem and Convert Into Cash?

Updated on: Sep 9th, 2025

6 min read

SBI credit card reward points let you earn on diverse categories. Understanding how to redeem SBI credit card points using flexible redemption options enhances your credit card usage experience. SBI credit card reward points convert to cash, offering the flexibility to turn accumulated points into real savings on your monthly dues.

Key Highlights:
Earn points on retail, travel, dining, fuel, OTT subscriptions, and partner spends.
Check points via net banking, SBI Card mobile app, monthly statement, SMS, or missed call.
Redeem points for vouchers, catalog items, travel bookings, or bill adjustments.
Convert to cash by raising a request through net banking, mobile app, or customer care.
Points are valid for 2 years from the date of accrual.

What are SBI Credit Card Reward Points?

SBI Credit Card Reward Points are loyalty benefits offered on transactions made with SBI credit cards. For every eligible spend, you accumulate points that can later be redeemed for discounts, vouchers, products, or adjusted as cash credit against your card statement.

How to Earn SBI Credit Card Reward Points?

You can earn SBI credit card reward points on the following:

Retail Purchases: Earn 1–2 points per Rs. 100 spent on most transactions depending on the terms.
Bonus Categories: Dining, groceries, travel, and fuel often earn 5X–10X reward points depending on the card.
Partner Offers: Earn accelerated points on partner platforms (Amazon, IRCTC, BPCL, Reliance Retail, etc.).
Welcome Benefits: Many cards offer bonus points on activation or first spend.
Milestone Rewards: Extra points on crossing annual spend thresholds.

How to Check 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.

Internet Banking

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

Step 1: Visit the SBI Credit Card portal.
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.

SMS

You can send an SMS with the following message - "REWARD <space>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 Card mobile app to find out the reward points on your SBI credit card.

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 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 to know how to redeem SBI credit card reward points through each mode:

Net Banking

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

Step 1: Visit the SBI Credit Card portal.
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 Reward Points Convert to Cash

SBI credit card reward points can be converted into cash. 1 Reward Point = Rs. 0.25 (varies by card). This allows you to reduce your outstanding bill instead of redeeming points only for vouchers or products. The redeemed amount is adjusted against your outstanding balance and usually appears in the next billing cycle.

Process to Convert Reward Points into Cash

Log in to the SBI YONO mobile app.
Navigate to 'Rewards', select ‘Redeem Rewards’.
Click ‘Cash Credit’.
Enter the number of points you wish to redeem.
Confirm redemption; the equivalent cash value will be credited against your card balance.

Alternatively, call SBI customer care at 1860 180 1290/1800 180 1290 to request conversion.

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.

Top SBI Credit Cards

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

SBI Credit Card	Annual Fee	Rewards
SBI Card Elite	Rs. 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. Complimentary Club Vistara Silver membership. 4 complimentary visits per year to International Priority Pass Lounges outside India. 8 complimentary visits per year to Domestic Lounges in India
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 reward points per Rs. 100 spent on all other spends. 4 complimentary visits per year to International Airport Lounges outside India. 8 complimentary visits per year to Domestic Airport Lounges in India Waiver of renewal fee if you spend Rs. 2 lakh in the previous year. 1% fuel surcharge waiver if the purchase is between Rs. 500 and Rs. 4,000.
SBI Pulse Credit Card	Rs. 1,499	Welcome gift of a smartwatch worth Rs. 5,999. 1 year complimentary FITPASS PRO Membership every year upon renewal. 1 year complimentary Netmeds First Membership every year upon renewal 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 and liability insurance cover of Rs. 1 lakh. 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. Cmplimentary membership of the Air India Frequent Flyer program-Flying Returns. International Airport Luxury Lounge access to over 600 airport lounges with complimentary Priority Pass Program. Complimentary Visa Lounge Access Program at major domestic airports in India. 30 reward points on each Rs. 100 spent on Air India flights booked via Air India’s website or app.
BPCL SBI Card OCTANE	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. 6000 bonus reward points equal to Rs. 1500 on payment of annual fees. 4 complimentary visits per year to Domestic VISA lounges in India. Complimentary Fraud Liability cover of 1 lakh.

How to Maximize your Rewards?

To unlock the full potential of your SBI credit card:

Use High-Reward Categories: Focus spends on dining, groceries, fuel, and travel where SBI cards give 5X–25X reward points.
Leverage Partner Offers: Shop during SBI partner promotions (Amazon, BPCL, IRCTC, Reliance, etc.) for accelerated rewards.
Redeem Smartly: Convert points into cash credit for bill savings or opt for high-value e-vouchers and travel bookings.
Track Expiry Dates: SBI reward points expire after 24 months, so redeem them before they lapse.
Hit Milestone Benefits: Spend up to the threshold to unlock fee waivers and bonus points on select cards.

SBI credit card reward points allow you to turn everyday spending into tangible savings and benefits. From vouchers and travel bookings to cash credit conversion, the redemption options are flexible and user-friendly. By checking your points regularly and redeeming them smartly, you can maximize value of your SBI credit card.

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.

Do SBI Reward Points expire?

Yes, they have a validity period of 2 years. Thus, they will expire after 2 years.

How to convert SBI reward points to cash?

To convert your SBI credit card reward points for cash, you will have to write an email to SBI or call the helpline number - 1860 180 1290, 1860 500 1290, 1800 180 1290 or 39 02 02 02 (Prefix local STD code).

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

Saloni Dhumne

Content Writer - Personal Finance

A former journalist by profession, I live by the power of the written word. Specializing in personal finance, I simplify wealth planning for individuals looking to grow their money effectively. Beyond my work, I eagerly seize any opportunity to travel, exploring offbeat destinations and embracing new experiences.. Read more

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