SBI Credit Card Reward Points Convert to Cash

State Bank of India — one of the largest public sector banks with its headquarters in Mumbai, offers an array of financial products and services to its customers. The most attractive product offered by the bank is credit cards. SBI credit card reward points convert to cash is the feature that makes SBI credit cards unique. 

The bank has different types of debit cards and credit cards to suit the individual requirement of its clients. The most beneficial aspect of these credit cards is the rewards. Every transaction with the credit cards earns rewards that can be redeemed for attractive gifts listed in the catalogue or can be converted to cash. The facility of redemption of reward points to cash makes the purchases made with the SBI credit card more economical.

SBI Credit Card Reward Points Convert to Cash

Every credit card SBI offers exciting rewards, and it is essential to choose the card that gives the maximum benefit in terms of rewards. Earn while you spend is the tagline of SBI Credit Card. Every purchase with a credit card earns you reward points that can be redeemed in various ways. It could be redeemed for vouchers, for purchase of products, for booking air tickets, etc. But SBI Credit Card reward points convert to cash is the most attractive of them all. Every reward point earns you 25 paise and on accumulation can be converted to cash that can be utilised to pay off the credit card dues. 

Now how to convert SBI Credit Card Reward Points to Cash is the next question? For conversion of reward points to cash, you can either send an email to sbicard.com or can call the SBI credit card customer care and place a request by giving all the required details.

How to Redeem SBI Credit Card Reward Points?

The credit card reward points can be redeemed after accumulation. A catalogue of interesting items is available to choose from while redeeming the reward points. You can also redeem the card points for vouchers for booking air tickets. You can also adjust the rewards towards payment of credit card dues if you opt for SBI Credit Card reward points convert to cash.

There are many offline/online methods for the redemption of SBI credit card reward points.

Redemption of SBI credit card reward points online can be done through any one of the options given below by following some simple steps.

• Access the website of SBI and log in to the credit card portal with the customer ID and password.
• Navigate to the ‘Rewards’ section and click on the ‘Redeem Rewards’ option
• The reward points, city and category, have to be chosen accordingly,
• Browse through the items in the ‘gifts catalogue’ and make your choice.
• Click on the ‘Redeem Now’ option to confirm and then proceed with the redemption process.

Redemption through Mobile Application

Follow the instructions given below for redeeming rewards through the mobile application.

• Access the SBI mobile application using the customer ID and password
• Click on the ‘Rewards’ section and then on the ‘Redeem Rewards’ option
• Choose the reward points, city and category from the drop-down menu
• Scan through the ‘gift catalogue’ for the item of your choice
• Choose the ‘Redeem Now’ option to confirm and then proceed with the redemption procedure.

The payment for the products chosen can all be made through reward points, or you can choose a combination of redemption and payment by credit card. If you choose the combination, you will be partly paying through rewards redemption and partly by credit card.

You also have the SBI Credit Card reward points convert to cash, wherein you can convert the reward points to cash which can be adjusted towards credit card dues.

Read further to understand How to convert SBI rewards to cash.

Offline method for the redemption of reward points

To redeem the reward points offline, you will have to call the SBI credit card customer care number. The representative of SBI at customer care will help you with the gift catalogue products. You can choose the product and either make the payment entirely with the redeemed points or opt for ‘Points + Pay. With this option, you can partly pay through points and the remaining with a credit card.

There is a provision for converting the reward points to cash and adjusting the same towards credit card dues. How to convert SBI reward points to cash?  You can either send an email to sbicard.com or call the SBI credit card customer care number, where the representative of SBI will assist you with the redemption process.

Air Mile Conversion of SBI Credit Card Reward Points

Some of the SBI credit cards have travel-related benefits. The reward collected using these cards can be converted into air miles and redeemed while booking air tickets. The SBI credit cards that offer this benefit are:

• Air India SBI Platinum Card
• Air India SBI Signature Card

The points earned out of the above cards can be redeemed only to book Air India flight tickets.

You can call the SBI credit card customer care number 1860 180 1290 or 39020202 for conversion of SBI Credit Card reward points to air miles. A minimum of 5000 points for the Air India SBI Platinum Card and 10000 points for the Air India SBI Signature Card is required for conversion of the points to air miles, and the redemption can happen only in multiples of 5000. The turnaround time for the conversion will be seven working days from the date of request.

SBI, in collaboration with Vistara Flights, has launched various cards wherein the reward points can be converted to air miles and redeemed while booking air tickets. The following are the SBI-Vistara cards 

• SBI Card Elite
• SBI Card Elite-Advantage
• SBI Card Prime
• SBI Card Prime-Advantage

For every transaction with these cards, you earn Club Vistara points that can be converted to air miles and redeemed while booking air tickets on Vistara Flights.

SBI Credit Card Rewards Catalogue 

You can choose to redeem your reward points for any of the products that are a part of the SBI Credit Card Rewards Catalogue. The product category in the rewards catalogue are listed below:

• Accessories
• Luxury
• Entertainment and Dining
• Apparel
• E-Voucher
• Priceless
• Preferred Partner
• Electronics
• Health and Fitness
• Holidays and Travel
• Kids Zone
• Homeware
• Lifestyle

You can visit the official credit card website of the bank and redeem the points under the rewards section.