SBI Reward points
 redemption full methodÂ
SBI (State Bank of India) debit card reward points are a loyalty program offered by the bank to its customers to transact more and more by your debit or credit cards Every time you use your SBI debit or credit card for a transaction, you earn reward points. These reward points can be used and redeemed for various offers
discounts on shoppingÂ
Merchandise.
Gift Cards.
Mobile Recharge.
DTH Recharge.
Movie tickets.
Flight tickets.
Hotel booking.
Bus bookings.
How to use sbi reward pointsÂ
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Reward Points | INR Value | USD Value | EUR Value |
---|---|---|---|
1 | 0.25 | 0.0034 | 0.0028 |
2 | 0.50 | 0.0068 | 0.0056 |
3 | 0.75 | 0.0102 | 0.0084 |
4 | 1.00 | 0.0136 | 0.0112 |
5 | 1.25 | 0.0170 | 0.0140 |
6 | 1.50 | 0.0204 | 0.0168 |
7 | 1.75 | 0.0238 | 0.0196 |
8 | 2.00 | 0.0272 | 0.0224 |
9 | 2.25 | 0.0306 | 0.0252 |
10 | 2.50 | 0.0340 | 0.0280 |
100 | 25.00 | 0.3396 | 0.2792 |
1000 | 250.00 | 3.3963 | 2.7923 |
10000 | 2500.00 | 33.9626 | 27.9226 |
50000 | 12500.00 | 169.8130 | 139.6131 |
100000 | 25000.00 | 339.6260 | 279.2261 |
250000 | 62500.00 | 849.0650 | 698.0651 |
To use your SBI debit card reward points, you need to log in to your SBI net banking account or mobile app ( sbi rewardz ) and go to the rewards section. Here, you can browse through the available rewards and select the one that you want to redeem. Every 1 reward point is equal to 0.25 INR ie. 100 points = 25 INR.
Today there is a limits of redeeming reward as you need atleast 8000 points to redeem a INR 2000 worth Amazon or flipkart gift card.
Before earlier you had a freedom you could redeem a minimum 10 INR gift card but now it has been changed.
You can also check your reward points balance and transaction history.
Please note that after 36 months of points credited in your account these points are expired. You have to use it before expiry period.