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SBI Card Announces New Reward Points Redemption Rules From April 1
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SBI Card Revamps Reward Points: New Redemption Caps & Rules from April 1
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CNBC TV18
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27-02-2026, 15:58
SBI Card Revamps Reward Points: New Redemption Caps & Rules from April 1
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SBI Card announces significant revisions to its reward points framework, effective April 1, 2026.
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A new monthly redemption cap of 60,000 reward points for statement credit will be implemented.
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Redemption for statement credit will now only be possible in multiples of 4,000 points.
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Specific cards like Air India SBI Signature Card and PhonePe SBI Cards are exempt from these new conditions.
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Earlier 2026 updates include forfeiture timelines for promotional reward points: 90 days for cashback and 120 days for instant discount offers.
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