SBI Card Reward Points value.
One of the most predictable currencies — close to a flat ₹0.25/point across most redemptions.
₹0.25
per point · statement credit / catalogue floor
₹0.25
per point · via Rewards catalogue / statement credit (flat ~₹0.25)
Reward points generally expire ~2 years after they are earned.
Where you earn it
Most SBI credit cards (SimplyCLICK, SimplySAVE, PRIME, ELITE and others).
How to maximise
- Redeem against the catalogue or as statement credit — value is broadly flat, so redeem early rather than hoarding.
- Stack accelerated-earn categories (e.g. online spends on SimplyCLICK) to bank points faster, since per-point value is fixed.
Watch out for
- A redemption-handling fee can apply per redemption request — factor it in on small redemptions.
- Milestone/anniversary points often carry shorter validity than regular points.
Next steps
- · Compare all reward currencies — base-to-best value across HDFC, Axis, ICICI, SBI and Amex
- · SBI Card credit cards — the cards that earn SBI Reward Points
- · Best cashback cards — when flat cashback beats chasing points
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Regulated by Reserve Bank of India.
Credit cards in India are issued by banks and NBFCs licensed by the Reserve Bank of India. Card issuance, credit limit, interest rate (APR), fees, and reward structures are at the sole discretion of the issuer subject to KYC, credit profile, and internal policy. Rates and benefits shown on this page are issuer-published and may change without notice — verify on the issuer's official website before applying.
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