Offer 1: SBI Rewardz: Winter Carnival Offer of 5X Rewards from December 23, 2024 to January 5, 2025.
Offer TnC: https://banners.loylty.com/push/SBI_Winter_Carnival_TNC.html
Offer highlights:
1. Valid on minimum transaction of Rs.1000 or more done between Dec 23, 2024 to Jan 5, 2025.
2. 5X rewards upto max. 500 points.
3. Offer valid on Apparel, Fashion, Lifestyle (Utilities 4900 covered under this) categories.
4. Accelerated points will be posted by February 5th, 2025.
More TnC when website updates with offer banner.
For maximum benefit of the offer, you just need to do a transaction of Rs.6400 (or 6200) and check whether you get Normal + Bonus pts as that will cover max. 500 accelerated pts. Else do more than this.
Credits: @pinki for sharing info. he received over email.
Offer 2: Boss Bachat Days
1. Offer Period: From 1st of Every month to 9th of Every month of December, January and February i,e Dec 1 to Dec 9 then Jan 1 to Jan 9 and then Feb 1 to Feb.
2. Minimum Transaction of Rs.1000 and above.
3. 5X Rewards Points Upto 300 Points.
4. Applicable on MCC 5311 so pay via Canara Setu.
5. Bonus/Accelerated reward points will be credited at end of calender month i.e by Dec 31st 2024, Jan 31st, 2025 and Feb 28, 2025 (There may be delay of 7-10 days in crediting pts)
6. Do a txn of Rs.3800 and if you receive both Normal Pts 38 and Bonus Pts 38 on VDC, you don't need to do more. Else just pay Rs.7600 in single payment or part but txn size should be above Rs.1000 min.
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How to calculate maximum amount of txn single or cumulative one has to do under a campaign to get maximum benefit.
Depending upon what campaign is running do according to table.
For future campaigns, just look the maximum accelerated rewards and calcualte maximum txn amount with factor in table below.
Ex: 1. Winter Campaign of 5X running between Dec 23, 2024 to Jan 5, 2025 has 500 Max. Points.
So Max. Amt = 12.5x500= Rs.6250. As SBI has 200 multiple txn amt should be Rs.6200 or Rs.6400. For Physical DC it will be 25x500= 12500 (12400 or 12600).
2. Similarlly Bachat Boss Offer has 5X pts but has 300 max.accelereated pts.
So 12.5X300= 3750 which means Rs.3600 or Rs. 3800 txn max.
Keep in mind the 200 multiple factor in amount.
How SBI Reward System Works on transacting with Physical Debit Card or Virtual Debit Card?
1. SBI provides 2 points per 200 for every transaction of Rs.200 and above and in multiples of 200 like 400/600/1000/5000/10000/50000 etc.
2. With Physical Card you get 2 Pts/200 while when you use Virtual Debit Card for transaction you get extra 2 Points giving you 2+2 = 4 Pts per 200.
3. The maximum points you can earn in a month has a capping of 10000 points. This include Normal Points in case of Phsyical DC and Normal+Bonus Pts in case of Virtual DC. SBI also give 2X benefit in account holder birthday month. For ex: If your birthday month is January then all the points you earned in january transactions will be doubled including the VDC Bonus and this birthday bonus is part of 10K max points per month. Campaign points aren't part of this 10K limit.
4. The following are the transaction limits:
- Physical DC: Do not exceed 1L per transaction. For a transaction of 1L, you will earn 1000 points. The monthly cap for physical DC 10L.
- Virtual DC: Do not exceed 50K per transaction per day. For a transaction of 50K, you will earn 1000 points. The monthly cap for virtual DC is 5L.
5. There is a additional milestone benefit of 1000 points on per Lakh spends with SBI DC/VDC and whenever you spend Rs.1L with physical DC, you are rewarded 1000 extra points. In case you use VDC, you need to spend 50K only. These milestone benefits are credited next month between 10-30th of month, maximum time is 60 days.
6. After transaction, Normal Points or Normal + Bonus Pts ( only when VDC used) are credited between 2-7 or 14 days max.
7. Birthday Bonus are credited next month between 1-7th of month. For ex: If you have bday in Jan then your 2X pts will be credited between Feb 1-7. It mostly gets credited within 2 days is what I have seen till now.
Tabular Example:
The campaign points and its multipliers will be shared with offer coming. The 5X example given above is just for understanding purpose. SBI keeps running campaign but multiplier effect changes like sometimes it is 2X accelerated rewards, sometimes 3X and sometimes 5X. So pts are given according to it.
Query: How Milestone Benefits of 1000 points per Lakh spent works for Physical and Virtual Debit Card Differently?
If you use physical DC you earn 1X Normal pts only. So for that you need to do 1L txns to get extra 1000 reward points as milestone benefit but with VDC you get extra pts that complete your milestine at half so 50K on VDC gives 500 Normal + 500 Bonus = 1000 Pts. Now whenever you earn 1000 pts it is equal to 1L and milestone triggers. This is a bug which may or may not get rectified by SBI.
Just because of this you also get accerlerated given for both Normal and Bonus during offer campaigns.
Physical DC = 50K Txn = 500 Normal Pts. So no milestone until you spend 1L with it.
VDC: 50K Txn = 500 Normal 1X + 500 Bonus 1X = 1000 Pts that trigger and tell system spend of 1L completed. So in short, when you pay or cumulatively reach 50K, you get this 1000 also turning your all txns into 1% cashback. If this month you do 25K only and next month 25K even thern also you get milestone benefit.
But if you miss bonus pts credit then you lose this benefit also.
Ex: You did 50K txn and no bonus credited then you need to reach SBI Rewardz CC and they will credit it manually but then this will not be counted in miestone which trigger automatically. So 1% these days isn't guaranteed.
Now another ex: You did 50K and missed bonus, got only 500 Normal and later you did 25K and got normal + bonus also then 500+250+250 will trigger 1L milestone benefit.
In short whenever your earned total pts incl. normal+bonus reach 1000, you get it. Accelerated RPs or compaign bonuses aren't part of 1L milestone.
Milestone benefits have no upper limit in month or year. For every 50K spend with VDC (Virtual Debit Card) or Rs.1 Lakh with PDC (Physical Debit Card) you get 1000 points equalling amount to Rs.250.
Old Campaigns:
SBI is back with new campaign for month of October.
Carnival 5.0 with SBI Rewardz
Terms & Conditions
Source: https://rewardz.sbi/content/SBI_Carnival_TNC
Special Thanks: @6ix9ine
Sept Month Offer: SBI is back with new campaign for month of September.
TnC page arrived at SBI Rewardz website. VIsit https://rewardz.sbi/content/sbi-september-spectacular-campaign
Image Credit: @Centurion_wala
Offer TnC: https://banners.loylty.com/push/SBI_Winter_Carnival_TNC.html
Offer highlights:
1. Valid on minimum transaction of Rs.1000 or more done between Dec 23, 2024 to Jan 5, 2025.
2. 5X rewards upto max. 500 points.
3. Offer valid on Apparel, Fashion, Lifestyle (Utilities 4900 covered under this) categories.
4. Accelerated points will be posted by February 5th, 2025.
More TnC when website updates with offer banner.
For maximum benefit of the offer, you just need to do a transaction of Rs.6400 (or 6200) and check whether you get Normal + Bonus pts as that will cover max. 500 accelerated pts. Else do more than this.
Credits: @pinki for sharing info. he received over email.
Offer 2: Boss Bachat Days
1. Offer Period: From 1st of Every month to 9th of Every month of December, January and February i,e Dec 1 to Dec 9 then Jan 1 to Jan 9 and then Feb 1 to Feb.
2. Minimum Transaction of Rs.1000 and above.
3. 5X Rewards Points Upto 300 Points.
4. Applicable on MCC 5311 so pay via Canara Setu.
5. Bonus/Accelerated reward points will be credited at end of calender month i.e by Dec 31st 2024, Jan 31st, 2025 and Feb 28, 2025 (There may be delay of 7-10 days in crediting pts)
6. Do a txn of Rs.3800 and if you receive both Normal Pts 38 and Bonus Pts 38 on VDC, you don't need to do more. Else just pay Rs.7600 in single payment or part but txn size should be above Rs.1000 min.
__________________________________________________________________________________________
How to calculate maximum amount of txn single or cumulative one has to do under a campaign to get maximum benefit.
Depending upon what campaign is running do according to table.
For future campaigns, just look the maximum accelerated rewards and calcualte maximum txn amount with factor in table below.
| Campaign Type | Multiplier with VDC (Virtual Debit Card) | Multiplier with Physical Debit Card |
| 5X Campaign | 12.5 X (Max. Accelerated Points.) | 25 X (Max. Accelerated Points.) |
| 4X Campaign | 25 X (Max. Accelerated Points) | 50 X (Max. Accelerated Points.) |
| 3X Campaign | 37.5 X (Max. Accelerated Points) | 75 X (Max. Accelerated Points.) |
| 2X Campaign | 50 X (Max. Accelerated Points) | 100 X (Max. Accelerated Points.) |
Ex: 1. Winter Campaign of 5X running between Dec 23, 2024 to Jan 5, 2025 has 500 Max. Points.
So Max. Amt = 12.5x500= Rs.6250. As SBI has 200 multiple txn amt should be Rs.6200 or Rs.6400. For Physical DC it will be 25x500= 12500 (12400 or 12600).
2. Similarlly Bachat Boss Offer has 5X pts but has 300 max.accelereated pts.
So 12.5X300= 3750 which means Rs.3600 or Rs. 3800 txn max.
Keep in mind the 200 multiple factor in amount.
How SBI Reward System Works on transacting with Physical Debit Card or Virtual Debit Card?
1. SBI provides 2 points per 200 for every transaction of Rs.200 and above and in multiples of 200 like 400/600/1000/5000/10000/50000 etc.
2. With Physical Card you get 2 Pts/200 while when you use Virtual Debit Card for transaction you get extra 2 Points giving you 2+2 = 4 Pts per 200.
3. The maximum points you can earn in a month has a capping of 10000 points. This include Normal Points in case of Phsyical DC and Normal+Bonus Pts in case of Virtual DC. SBI also give 2X benefit in account holder birthday month. For ex: If your birthday month is January then all the points you earned in january transactions will be doubled including the VDC Bonus and this birthday bonus is part of 10K max points per month. Campaign points aren't part of this 10K limit.
4. The following are the transaction limits:
- Physical DC: Do not exceed 1L per transaction. For a transaction of 1L, you will earn 1000 points. The monthly cap for physical DC 10L.
- Virtual DC: Do not exceed 50K per transaction per day. For a transaction of 50K, you will earn 1000 points. The monthly cap for virtual DC is 5L.
5. There is a additional milestone benefit of 1000 points on per Lakh spends with SBI DC/VDC and whenever you spend Rs.1L with physical DC, you are rewarded 1000 extra points. In case you use VDC, you need to spend 50K only. These milestone benefits are credited next month between 10-30th of month, maximum time is 60 days.
6. After transaction, Normal Points or Normal + Bonus Pts ( only when VDC used) are credited between 2-7 or 14 days max.
7. Birthday Bonus are credited next month between 1-7th of month. For ex: If you have bday in Jan then your 2X pts will be credited between Feb 1-7. It mostly gets credited within 2 days is what I have seen till now.
Tabular Example:
| S. No | Transaction Amt | Points With Physical DC | Points With Virtual DC | Whenever Campaing Runs For e.g- 5X campaign (If Physical DC used) | Campaign Pts (Virtual DC) | Bday Bonus 2X Physical DC/Virtual DC | Per Lakh Pts (when total amt of txns cumulatively reach 50K with VDC or 1L with PDC) |
| 1. | Rs.1000 | 10 | 10 Normal +10 Bonus = 20 | 4X10 = 40 | 4x10 (Normal) + 4x10 (Bonus) = 80 | PDC= 2X10=20 VDC= 2(10+10)=40 | NA |
| 2. | Rs.5000 | 50 | 50 Normal + 50 Bonus = 100 | 4X50= 200 | 4X50 + 4X50= 400 | PDC= 2X50 = 100 VDC= 2(50+50) = 200 | NA |
| 3. | Rs. 25000 | 250 | 250 Normal + 250 Bonus | 4x250 = 1000 (only when max. Campaings pts are 1000 per txn else limit as per TnC applies) | 4X250 + 4X250 = 2000 | PDC: 2X250 = 500 VDC: 2 (250+250)= 1000 | NA |
| 4. | Rs. 50000 | 500 | 500 Normal + 500 Bonus | If campaign running then do accordingly to max. acceleraed rewards per txn else you will get the max. say 100/250/500/1000 as per TnC | If campaign running then do accordingly to max. acceleraed rewards per txn else you will get the max. say 100/250/500/1000 as per TnC | PDC: 2X500 = 1000 Pts VDC: 2 (500+500)= 2000 Pts | With PDC: 0 With VDC: 1000 Milestone pts because you have earned 500 Normal + 500 Bonus. |
The campaign points and its multipliers will be shared with offer coming. The 5X example given above is just for understanding purpose. SBI keeps running campaign but multiplier effect changes like sometimes it is 2X accelerated rewards, sometimes 3X and sometimes 5X. So pts are given according to it.
Query: How Milestone Benefits of 1000 points per Lakh spent works for Physical and Virtual Debit Card Differently?
If you use physical DC you earn 1X Normal pts only. So for that you need to do 1L txns to get extra 1000 reward points as milestone benefit but with VDC you get extra pts that complete your milestine at half so 50K on VDC gives 500 Normal + 500 Bonus = 1000 Pts. Now whenever you earn 1000 pts it is equal to 1L and milestone triggers. This is a bug which may or may not get rectified by SBI.
Just because of this you also get accerlerated given for both Normal and Bonus during offer campaigns.
Physical DC = 50K Txn = 500 Normal Pts. So no milestone until you spend 1L with it.
VDC: 50K Txn = 500 Normal 1X + 500 Bonus 1X = 1000 Pts that trigger and tell system spend of 1L completed. So in short, when you pay or cumulatively reach 50K, you get this 1000 also turning your all txns into 1% cashback. If this month you do 25K only and next month 25K even thern also you get milestone benefit.
But if you miss bonus pts credit then you lose this benefit also.
Ex: You did 50K txn and no bonus credited then you need to reach SBI Rewardz CC and they will credit it manually but then this will not be counted in miestone which trigger automatically. So 1% these days isn't guaranteed.
Now another ex: You did 50K and missed bonus, got only 500 Normal and later you did 25K and got normal + bonus also then 500+250+250 will trigger 1L milestone benefit.
In short whenever your earned total pts incl. normal+bonus reach 1000, you get it. Accelerated RPs or compaign bonuses aren't part of 1L milestone.
Milestone benefits have no upper limit in month or year. For every 50K spend with VDC (Virtual Debit Card) or Rs.1 Lakh with PDC (Physical Debit Card) you get 1000 points equalling amount to Rs.250.
Old Campaigns:
SBI is back with new campaign for month of October.
Carnival 5.0 with SBI Rewardz
Terms & Conditions
Source: https://rewardz.sbi/content/SBI_Carnival_TNC
Special Thanks: @6ix9ine
Sept Month Offer: SBI is back with new campaign for month of September.
TnC page arrived at SBI Rewardz website. VIsit https://rewardz.sbi/content/sbi-september-spectacular-campaign
Image Credit: @Centurion_wala
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