SBI Announces Changes to Credit Card Reward Points System Effective April 1

SBI, one of India’s leading banks, has sent shockwaves among millions of its credit card holders with a significant alteration to its reward points system.

Starting from April 2024, SBI Card is implementing new rules that will impact how credit card users earn rewards.

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Notably, no reward points will be granted for rent payments made through SBI credit cards.

The new regulation will take effect on specific credit cards from April 1, 2024, and on others from April 15, 2024.

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Here’s a breakdown of the affected credit cards:

Effective from April 1, 2024:


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SBI Card Elite

Effective from April 15, 2024:

Air India SBI Platinum Card

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Air India SBI Signature Card

Aditya Birla SBI Card Selection


BPCL SBI Card Octane

IRCTC SBI Card Premier


Fabindia SBI Card Selection

Etihad Guest SBI Card

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Etihad Guest SBI Premier Card

Club Vistara SBI Card

Club Vistara SBI Card Prime

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Lifestyle Home Center SBI Card

Choose Lifestyle Home Center SBI Card

Lifestyle Home Center SBI Card Prime

fbb styleup SBI Card

Central SBI Card

Select Central SBI Card

Nature Basket SBI Card

Nature Basket SBI Card Elite

Stay Informed, Plan Accordingly

This update underscores the importance of staying informed about changes in credit card policies.

SBI cardholders are advised to review their cards’ terms and conditions to understand how these alterations may affect their rewards earning potential.


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