SBI bank credit card rewards offers in India

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 Credit cards act as a convenient substitute for cash. What is more they also earn you reward points when you swipe them to make some purchase. Generally, you get one point per every Rs 100-250 spent.Don’t forget to tap the monetary value of the points collected on your card. But you must remember that points get accumulated against spends, not for cash withdrawals.

The State Bank of India (SBI) provides you with one point per Rs 40 spent on its Gold Card and eight points per Rs 100 on its co-branded Tata Card.However, the condition with reward points on co-branded cards is that they can be redeemed only against products and services offered by the partnered establishment. SBI has a tie-up with certain merchants where you can redeem points instantly. So, you don’t have to contact the bank and get vouchers, rather you just can pay using your accumulated points.

SBI Card is a joint venture between State Bank of India, the country’s oldest and largest public sector bank and international firm GE Capital. The bank offers various credit cards as per your needs. It has a Shop and Smile Rewards programme. It has been put together keeping in mind the tastes and lifestyle of cardholders. You can redeem the reward points you have accumulated on your SBI credit card, against a wide variety of products ranging from gift vouchers to electrical appliances, accessories to lifestyle products.

Every time you use the card, you get power points which can be redeemed for exciting rewards. He how you earn rewards on different SBI credit cards :

SBI Platinum Card: In this card, you can earn 2 cash points for every Rs 100 spent. Plus, you can get cash points on dining, departmental store and international spends. For every Rs 100 spent by you on dining, departmental store & international purchases, you earn10 cash points which you can encash to pay your SBI Platinum Card outstanding balance or redeem them against an array of products.

SBI Gold Credit Card: This card too offers you reward points. You can earn 1 cash point for every Rs 100 spent These points can be used to pay the outstanding balance on your credit card or redeem against a wide choice of gifts from the rewards catalogue.

SBI Gold & More: In these cards, you earn 1 cash point for every Rs 100 spent. You can also earn 10 cash points for every Rs 100 spent on departmental store & grocery spends.

In case you face difficulty in redeeming power points, you can dial the SBI Card helpline.Web-enabled credit cardholders can redeem reward points online.

SBI offersa catalogue or laundry list of what you can do with the points. The catalogue includes apparel, gadgets, jewellery, luggage items, and the like. You can also encash your points against gift vouchers.

If you have accumulated points worth, say, Rs 500 and buy goods worth Rs 1,000, you have the choice of using your points earned on SBI Card for making payment.

Interested? For more details, you can apply for SBI credit cards by visiting SBI Branch or online through http://www.bankbazaar.com/sbi-credit-card.html.

Best SBI Exclusive Credit Cards in India

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Credit cards are plastic cash cards that have become a source of identification as well as a status symbol nowadays as this card helps the card holder pay for their expenses at any desired time. The State Bank of India offers a wide range of credit cards that suits all classes of people, depending on their utility and requirement. The gamut includes premium cards, travel & shopping cards, classic cards, corporate cards and exclusive cards.

Best SBI Exclusive Credit Cards in India

SBI Card

SBI Exclusive Credit Cards come in 12 different categories of cards that serve their respective utility. The various SBI Exclusive Credit Cards and the features are as given below:

1. Tata Cards

Tata Premium and Classic Cards designed for Tata employees and users of Tata products provide immense benefits when used in Tata Enterprises and its partner outlets. It also gives complete fuel freedom from the 2.5 % fuel surcharge across all petrol pumps. Features such as worldwide acceptance, Flexipay, cash on the go, and 0% fuel surcharge are other prominent features.

2. BMB Platinum Credit Card

Bharatiya Mahila Bank Platinum Credit Card is a global cash card with cash withdrawal facility across the world. It provides True lifestyle, True value and True lounge access at any luxury airport lounges, easy bill pay facility, online railway and air bookings etc. The card comes with various other power packed features and benefits.

3. BMB Gold and More Credit Cards

The BMB Gold and More Credit cards have the same features as the BMB Platinum credit card, which include complete fuel freedom, and attractive welcome offers. The cash points earned at various outlets can be used to pay the outstanding balance or can be redeemed at the array of redeemable catalogues.

4. Bank of Maharashtra SBI Platinum Credit Card

With this card, the card holder can earn whopping 10 cash points for every Rs.100 spent on dining, departmental and international spends. It also provides complimentary access to priority pass program which is beneficial at various luxury accesses.

5. Bank of Maharashtra SBI Card

This credit card comes with 2.5% value back on all departmental and grocery spends, 2.5% fuel surcharge freedom and many more benefits and features.

6. Oriental Bank of Commerce SBI Platinum Credit Card

This has all the typical benefits and features of an SBI platinum card, with more rewards such as full fare free one way domestic air ticket or apparel vouchers worth Rs.3,000 on spends above Rs. 4 Lakh per year.

7. Oriental Bank of Commerce SBI Card

The Oriental Bank of Commerce comes together with SBI to provide this credit card service, which offers various benefits such as cash points, value back offers, welcome offers and freedom from fuel surcharge etc.

8. Karur Vysya Bank, SBI Platinum Card and

9. Karur Vysya Bank SBI Card

The Karur Vysya Bank SBI Platinum card offers all the benefits of a platinum card, whereas the Karur Vysya Bank SBI card provides the basic credit card facilities.

10. SBI Maruti Card

SBI Maruti Card has benefits such as auto points at various spend levels, huge auto points on Maruti exchange and on referrals, complimentary on-road service assistance, fuel surcharge waivers and huge discounts on Maruti accessories.

 11. SBI Dena Bank Secured Card

A no income proof and a low interest SBI Dena Bank Secured Card can be obtained on the basis of a fixed deposit of Rs. 30,000 in Dena Bank. This comes with the convenience of extended credit facility with a very low rate of interest at 1.99% per month.

 12. SBI UBI Card

The SBI United Bank of India card comes with benefits and reward programme that makes shopping on SBI UBI co-branded card even better. The SBI UBI Gold and silver card has its own packed benefits and features.

All the major platinum cards come with a joining fee of Rs. 2999 to Rs.5000 and an annual fee, while the other cards have a joining fee of Rs. 250 to Rs. 500, depending on the rewards. Each card has its own benefits and features; hence, explore the hidden charges as well before applying for the respective card.

Best SBI Classic Cards in India

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State Bank of India provides a wide range of credit cards that suits all needs and can be obtained easily with minimal eligibility and documentation. The variety includes premium cards, corporate cards, travel and shopping cards, exclusive cards and classic cards.

SBI Classic Cards come in three classy varieties, which are SBI Gold Card, SBI Advantage Gold card and SBI Advantage plus card.

SBI Classic Cards in IndiaSBI Gold Card and SBI Advantage Card

The benefits of both SBI Gold Card and SBI Advantage Card is similar such as worldwide acceptance, credit facility which is very flexible where the unpaid balance can then be carried forward at one of the lowest finance charges available, cash on the go facility where cash is withdrawn from any of the ATMs across the globe and the benefits of train and air ticket bookings from anywhere.

The features of these cards are immense where the credit card account can be managed online which provides timely card alerts, e-statements, add-on cards, easy money and utility bill payment facility and peace of mind.

Both the cards require no eligibility and can be obtained easily with a joining fee Rs. 299 and an annual fee of Rs. 299.

SBI Advantage Plus Card

The SBI Advantage plus card comes with a special benefit which is the En cash facility. Under this, one can transfer the funds to SBI to facilitate the opening of a fixed deposit in the card holder’s name at SBI. As one keeps paying the En cash EMIs every month on the SBI Advantage plus card, the credit limit will keep increasing every month. By this, you will continue to enjoy interest on your Fixed Deposit at SBI and the final credit limit on your SBI Advantage plus card will be up to 85% of the FD amount. The added benefit is an unbelievable low rate of interest of 2.25% per month on the SBI Advantage plus card.

To apply for an SBI Advantage plus card, simply fill the application form and FD form either online or at the branch office, sign the authorization letter and the Auto Debit Mandate, attach the required self attested documents and submit accordingly. Within a few working days, the SBI Advantage plus card will be dispatched, after paying the joining fee of Rs. 500. An annual fee of Rs.500 is added in the first bill, and the card will extend the encash facility for Rs. 25, 000/ Rs.50, 000 and transfer the corresponding funds to SBI. SBI, in turn, would open an FD in your name and the bill for the following monthly EMI for 11 months will be:

  • Rs. 2500 for Rs. 25, 000 Encash

  • Rs. 5,000 for Rs. 50, 000 Encash

The best part of this scheme is that the card holder will continue to earn the interest 9.25 % of the FD for 365 days. Along with many power packed features such as balance transfer on low interest rates, credit convenience, easy money facility, utility bill facility, online statuses, SBI Advantage plus card is a wise choice for investment as well for the required utility.

Exclusive offer for SBI Bank Credit Card for New customers

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State Bank of India offers a number of unique credit card options catering to the needs of a large section of people. From travel centric credit cards to co-branded credit cards and from normal credit cards to premium credit cards, SBI has a credit card solution for each sector. State Bank of India credit card offers a number of schemes and benefits and rewards for new customers as well as existing clients. While existing clients get active discounts in shopping and reward points contest that can be redeemed for cash backs and gifts, new customers are offered various new incentives and attractive discounts. Let us take a look at some of the exclusive SBI credit card offers available for new customers for this month.

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SBI Offers for New Customers for June 2014:

State Bank of India has a number of new features and offers lined up for the month of June to attract new customers for opting for SBI credit card. Latest offers on SBI cards include 5% exclusive discounts on room tariff to all SBI Corporate Cardholders on Lemon Tree Hotels, India’s 3rd largest chain of upscale business and leisure hotels, 5% Cash back on CHROMA, Valid on transaction of Rs. 17,500 & above (Offer valid till Jul 2014), 15% Cash back on booking Domestic flight using SBI Card booked using the travel portal Makemytrip.com. SBI credit card offers Buy-1-Get-1 offer on movie tickets for new customers for the month of June opting for any of SBI Signature cards. The offer is valid till September 2014. For online shopping enthusiasts, State Bank of India is offering a 20% discount on online shopping at Myntra.com for new customers. The offer is valid till 31 Dec 2014. For frequent travelers, SBI offers 10% off at participating Price Match Guarantee at Hotels.com for all new credit card customers who apply in the month of June. The discount offer is valid till 31 October 2014.

makemytrip offers

Offers on SBI Platinum Cards:

Users opting for SBI platinum cards would get 5X Reward Points On Dining, Departmental stores, Grocery & International Spends along with bonus Spend Rewards on achieving Annual Spends of 4 Lakhs & 5 Lakhs. Complimentary membership to Priority Pass Program as well as access to over 600 Airport lounges in over 300 cities worldwide is also being offered apart from various other active discounts.

Offers on SBI Yatra Card:

Users opting for SBI Yatra travel centric credit card would get Yatra.com vouchers worth Rs. 8,250 as soon as they enroll for Yatra SBI Card. The freebies include 2 vouchers worth Rs. 500 each for Domestic Travel & 1 voucher worth Rs. 1,500 for Domestic Holidays and 2 vouchers worth Rs. 1,000 each for International Travel & 1 voucher worth Rs. 3,000 for International Holidays. Other offers available for SBI Yatra credit card owners include 2.5% Value Back on all Departmental stores and Grocery spends and 2.5% fuel surcharge.

sbi yatra card

Dining Discounts:

SBI offers 15% discounts on Dominoes Pizza along with best culinary offers across leading restaurants in various cities.

Online Shopping Discounts:

SBI offers 5% cash back on Croma retail stores valid for new users till July 2012 along with 5% cash back scheme for Easyday stores. 5% cash back scheme is also available for new card applicants on Spencer’s and total superstore.