SBI Rewardz Carnival – Earn Up to 6X Reward Points on SBI Debit Card Spends

State Bank of India (SBI) has launched Rewardz Carnival 7.0, an accelerated reward points campaign for SBI Debit Cardholders. Under this campaign, eligible cardholders can earn up to 6X reward points on purchases across select categories, including apparel, electronics, food and beverages, jewellery, lifestyle, travel and retail. Offers like these during the festival season are extremely rewarding, as one can earn bonus points on regular shopping.

The campaign is valid from October 15 to December 31, 2026. To qualify, cardholders must make eligible Point of Sale (PoS) or online (E-commerce) transactions of ₹2,000 or more.

Eligible Categories

SBI Debit Cardholders can earn accelerated reward points on eligible transactions in the following categories:

• Apparel
• Electronics
• Food and Beverages (F&B)
• Jewellery
• Lifestyle
• Travel
• Retail

Merchant eligibility will be determined based on the applicable Merchant Category Code (MCC).

SBI Debit Card Reward Points Structure

The accelerated reward rate depends on the SBI Debit Card variant the customer holds.

The accelerated reward points are calculated based on the regular reward points applicable to the card variant.

Reward Points Capping and Credit Timeline

The total accelerated reward points that a customer can earn under this campaign are capped at 10,000 points during the campaign period. These accelerated points are earned over and above the existing monthly cap of 10,000 reward points per customer. Eligible accelerated reward points will be credited within 60 days from the end of the campaign.

Bottom Line

SBI Rewardz Carnival 7.0 gives eligible SBI Debit Cardholders a chance to earn extra reward points on everyday purchases across seven spending categories. Customers holding premium debit card variants can earn 6X reward points, while eligible Classic, Global and Gold debit cardholders can earn 3X points on qualifying transactions of ₹2,000 or more.

The campaign runs until December 31, 2026, with accelerated reward earnings capped at 10,000 points per customer.