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SBI Card has come up with another exciting festive offer for their cardholders, under which SBI cardholders can earn additional Reward Points on their SBI Credit Cards. The offer is valid from 13th October to 4th November 2021 and is applicable on both online as well as offline transactions made with SBI Credit Cards.
Offer Details
SBI Card has come up with one of the most tempting credit card offers this festive season. Now you earn additional Reward Points on shopping with your SBI Credit Card. You get extra 3,000 Reward Points on spending a minimum of Rs. 15,000 with your eligible SBI Card Credit Card during the offer period. The offer is valid from 13th October to 4th November 2021.
| Reward Points earned | 3,000 |
| Minimum spends required | Rs. 15,000 |
| Offer reward rate | 5% (this is over and above the reward rate normally applicable on the card) |
| Offer validity | 13th October to 4th November 2021 |
Offer Reward Rate
SBI Card, under this offer, is giving you 3,000 additional Reward Points on spending a minimum of Rs. 15,000 with your SBI Credit Card during the offer period. With one SBI Reward Point valued at Rs. 0.25, you are effectively getting Rs. 750 on spending Rs. 15,000 with your SBI Card Credit Card (max offer reward rate = 5%) during the offer period. This 5% reward rate is over and above the existing reward rate that is normally applicable on your SBI Credit Card.
Offer Terms & Conditions
- The offer is applicable only for select SBI Credit cardholders who were intimated by the card issuer regarding the same via email.
- Both online transactions, as well as offline spends at retail outlets, count towards the minimum spends required to avail of the offer benefits.
- In case a cardholder has more than one SBI Card credit card, spends on multiple cards can not be clubbed to avail of the offer.
- The offer is valid from 13th October to 4th November 2021.
- The additional Reward Points earned under the offer shall be posted on the credit card account within 90 days of the offer end date.
Bottom Line
As discussed earlier, you are getting an effective reward rate of 5% under this offer, which is over and above the regular reward rate applicable on your card. Such a high reward rate definitely makes it one of the most lucrative festive offers by any card issuer.
While the offer had started on October 13th, SBI sent emails to its cardholders late. Many cardholders were intimated about the offer only on 27th October. However, as the offer is valid till 4th November, you can still avail of the offer benefit on Diwali shopping.
