SBI Card Updates Reward Points Redemption Rules Effective April 2026

SBI Card will implement new reward points redemption rules starting April 1, 2026. Most cardholders will face a monthly cap of 60,000 points for statement credit and must redeem points in multiples of 4,000. Certain premium cards, including Air India SBI Signature and PhonePe SBI Cards, are exempt. Additionally, promotional reward points earned from January 2026 will have updated expiry timelines, requiring timely use to avoid forfeiture.