SBI Rewardz (rewards points): How to earn? How to convert?

Last updated on April 26th, 2019 at 09:41 pm

What is SBI Rewardz?

SBI Rewardz is a Loyalty Program launched for State Bank Group. 

How do you get SBI Rewards Points?

You earn SBI rewardz (reward points) whenever you use SBI credit or debit card to buy anything online or at any point of sale (POS).

Every time you make a transaction using your State Bank Group Debit Card, you have been earning typically 1 point for every 100 INR spent. 

Some card will have higher money spent/reward point earn ratio. The reward points earning rate will vary depending on the card type that you hold. To know more about the rewards earning structure, please click here

How to claim SBI Rewards Points

Step 1 Go to SBI Reward site (

Step No. 2 On the top right corner, click log in and then click first time user

Step 3 Put your SBI card number and click go

Step No. 4 OTP verification. It will send you an OTP to your registered mobile and then you can set your password. Once you are logged in to the site. Click the three dots on top right corner and you will see your points

Value of SBI Rewardz point

4 Reward point = 1 INR, so based on your reward point you can either recharge your mobile, DTH or buy items from the list.

You can also redeem your State Bank Reward Points for JPMiles, at the rate of 1 JPMile per 5 State Bank Reward Points.

5 State Bank Reward Points = 1 JPMile

How to convert SBI reward point to cash

You can also redeem your SBI reward points against cash. You will have to call the customer care to do that.

Contact details

  • 6000-8500 (Local call charges apply from Mobile or Landline, anywhere in India)
  • 1800-209-8500 (Toll Free number from BSNL & MTNL networks only)

Operational Hours*:

  • Monday to Saturday from 9 AM – 9 PM
  • Sunday from 9 AM – 6 PM


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