SBI Card Updates: Changes in Reward Points for Rent Payments and Other Credit Card Rules.

SBI Card has recently announced significant changes regarding the accrual of reward points on rent payment transactions for specific credit cards, with these changes set to take effect from April 1, 2024. Additionally, the accumulation of reward points on rent payments for certain other credit cards will cease from April 15, 2024.

Below is the list of SBI Credit Cards where reward points will not be applicable on rent payments from the specified dates:

SBI Card Effective from April 1, 2024:

  • AURUM
  • SBI Card Elite
  • SBI Card Elite Advantage
  • SBI Card Pulse
  • SimplyCLICK SBI Card
  • SimplyCLICK Advantage SBI Card
  • SBI Card PRIME
  • SBI Card PRIME Advantage
  • SBI Card Platinum
  • SBI Card PRIME Pro
  • SBI Card Shaurya Select
  • SBI Card Platinum Advantage
  • Doctor’s SBI Card
  • Gold SBI Card
  • Gold Classic SBI Card
  • Gold Defense SBI Card
  • Gold & More Employee SBI Card
  • Gold & More Advantage SBI Card
  • Gold & More SBI Card
  • SimplySAVE SBI Card
  • SimplySAVE Employee SBI Card
  • SimplySAVE Advantage SBI Card
  • Gold & More Titanium SBI Card
  • SBI Card Unnati
  • Shaurya SBI Card
  • SimplySAVE Pro SBI Card
  • Krishak Unnati SBI Card
  • Vyapaar Unnati SBI Card
  • SimplySAVE Merchant SBI Card
  • Doctor’s SBI Card (in association with IMA)
  • SimplySAVE UPI SBI Card
  • SIB SBI Platinum Card
  • SIB SBI SimplySAVE Card
  • KVB SBI Platinum Card
  • KVB SBI Gold & More Card
  • KVB SBI Signature Card
  • Karnataka Bank SBI Platinum Card
  • Karnataka Bank SBI SimplySAVE Card
  • Karnataka Bank SBI Card PRIME
  • Allahabad Bank SBI Card Elite
  • Allahabad Bank SBI Card PRIME
  • Allahabad Bank SBI SimplySAVE Card
  • City Union Bank SBI Card PRIME
  • City Union Bank SimplySAVE SBI Card
  • Central Bank SBI Card Elite
  • Central Bank SBI Card PRIME
  • Central Bank SimplySAVE SBI card
  • UCO Bank SBI Card PRIME
  • UCO Bank SimplySAVE SBI Card
  • UCO Bank SBI Card Elite
  • PSB SBI Card Elite
  • PSB SBI Card PRIME
  • PSB SBI SimplySAVE

SBI Cards Effective from April 15, 2024:

  • Air India SBI Platinum Card
  • Air India SBI Signature Card
  • Aditya Birla SBI Card SELECT
  • BPCL SBI Card OCTANE
  • IRCTC SBI Card Premier
  • Fabindia SBI Card SELECT
  • Etihad Guest SBI Card
  • Etihad Guest SBI Premier Card
  • Club Vistara SBI Card
  • Club Vistara SBI Card PRIME
  • Lifestyle Home Centre SBI Card
  • Lifestyle Home Centre SBI Card SELECT
  • Lifestyle Home Centre SBI Card PRIME
  • Fbb StyleUp SBI Card
  • Central SBI Card
  • Central SBI Card SELECT
  • Nature’s Basket SBI Card
  • Nature’s Basket SBI Card ELITE

Moreover, SBI Cardholders can now redeem their credit card reward points online by following these simple steps:

  1. Login to sbicard.com
  2. Click on “Rewards” and then “Redeem Rewards.”
  3. Browse through the Rewards Catalogue and select your desired item.
  4. Click on “Redeem now” and confirm the redemption.

In addition to these changes, other modifications effective in March include adjustments to interest calculation rules. These changes are detailed on the SBI Card website.

It’s also worth noting that other credit card issuers like Axis Bank and ICICI Bank have announced rule changes regarding rental transaction fees, lounge access benefits, and more, effective from specific dates mentioned in their respective announcements.

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