2,000/- in one calendar quarter, then you get 20 Reward Points instead of 10 Reward Points if you have a Classic/Silver/Gold/Other Debit Card and 30 Reward Points if you have a Platinum Card.
Flight Tickets: SBI Rewardz has partnered with leading airline butterfly world discount carriers such as Air India, Indigo, Jet Airways, Spicejet, Go Air and others to book your flight tickets across the globe using your Reward Points.
For instance, American Express gives one point per Rs 40 on platinum cards and one per Rs 50 on non-platinum cards says Shailesh Baidwan, country manager and head, consumer services, American Express Banking Corp.
Co-branded cards: Reward points on co-branded cards are higher than on most cards.Some banks even allow customers to accumulate reward points earned on their debit and credit cards (of the same bank) in one pool and redeem them together.Some loyalty programmes give a points-plus-pay option, wherein a customer can use the points and pay the balance to get what he wants.The answer lies in the economics of reward points that we try to explain here.The period can vary from one-three years.Movie Tickets: Book 4th annual ncr sweepstakes may 1926 movie tickets with your Reward Points at your favourite theatres in your city.Rishi Mehra of m says this is done as reward points are a liability on the books of banks, which they want to do away with every year.Why would a card company deduct the reward points if not redeemed?The higher the card variant, the more points you earn against the purchases made.Create a username and set a password of your choice.This is also a way to prod card holders to keep redeeming the points.
Rural Banking SME Account, sBI customers can also earn extra Reward Points by using their SBI Debit Card at 8000 Max Get More partner stores.
For the third transaction within the same month of card issuance, you will earn additional 100 Reward Points!
Some premium cards give bonus points on joining as well.
Quarterly Transaction Bonus Points: After the first month of getting your debit card, if you do a minimum of 3 transactions every quarter using your card, then the Reward Points that you earn for that quarter will be doubled for Classic/Silver/Gold/Other Debit Cards and will."In case of co-branded cards such as airline cards, if you buy tickets of the partner airline through the card, you get extra reward points and discounts says Rishi Mehra, founder,.Multiple Redemption Options: You can choose to redeem your Reward Points for a variety of redemption options as below: Mobile Bill Payment: You can recharge your mobile using Reward Points instead of money.They share a part of earnings (mostly from interchange fee) with the card holder in the form of reward points to encourage him/her to use it more frequently.One reward point does not equal one rupee.So download now and enjoy the benefits of SBI Rewardz app.The company, in turn, will give more reward points for card use at these outlets says Rishi Mehra.For example, a credit card company is offering Rs 1,000 wrist watch against 5,000 reward points.Special Offers, once you register yourself on SBI Rewardz, you will receive periodic alerts of special offers/discounts from Max Get More partner stores.
For example: if you carry out 3 transactions worth.
The number of reward points on co-branded cards can be 5-10 times the points earned on other cards.