SBI Card Alert! Reward Point Redemption Rules Changing from April 1 - Check What’s New

If you are using an SBI credit card, this update deserves your attention. SBI Card has announced key changes in its reward point redemption rules. The revised guidelines will come into effect from April 1, 2026, and they may change the way you convert your reward points into statement credit.

Here’s everything you need to know in a simple and clear way.

Monthly Redemption Cap Introduced

Starting April 1, 2026, customers can redeem a maximum of 60,000 reward points per card per month for statement credit.

This means if you have 75,000 points and decide to redeem them in May 2026, you will only be able to convert 60,000 points that month. The remaining points will have to be redeemed later.

However, this cap will not apply to premium cards such as Air India SBI Signature Card, PhonePe SBI Card PURPLE, and PhonePe SBI Card SELECT BLACK.