Terms & Conditions
  • The SBI Gold Bonanza is a bonus reward point campaign (Campaign) on SBI Debit Card spends (Purchases) at POS / e-Commerce of selected Merchant Categories (MCC) - Jewellery using all variants of SBI Debit Cards
  • The campaign will be valid for the period from 19th April 2023 (00:00 Hours) to 23rd April 2023 (23:59 Hours) [“term”].
  • All the customers of SBI holding a valid SBI Debit Card are eligible to participate in the campaign to earn bonus reward points. Eligible customers will be awarded up to flat 5000 bonus reward points.
  • Minimum Debit Card spend to qualify to avail the campaign offer will be ₹ 10,000/-.
  • The customer will be awarded up to 5000 bonus reward points on SBI Debit Card Spend as per the below mentioned buckets:
  • SBI Debit Card Transaction Value Bonus Points
    INR 0-9,999.99 No Bonus Points
    INR 10,000-19,999.99 Flat 500 Bonus Points
    INR 20,000-39,999.99 Flat 1000 Bonus Points
    INR 40,000-59,999.99 Flat 1500 Bonus Points
    INR 60,000-99,999.99 Flat 3000 Bonus Points
    INR 1,00,000 and above Flat 5000 Bonus Points
  • Merchant Category for bonus reward points - Jewellery (Eligible MCC Codes: 5094, 7631, 5944)
  • The bonus points posting will be done by 30th June 2023 for eligible transactions.
  • Other terms will be the same as applicable under Bank’s Enterprise-Wide Loyalty Program (Viz- INR value of reward point - Re 0.25 per point, validity of reward points-36 months etc).
  • SBI reserve the right, in sole discretion, to revoke all privileges associated with the festive offers including this campaign, to modify/alter/withdraw the offers wholly or part, and to take any other action deemed appropriate including but not limited to terminating or suspending rewards points usage for improper use of the offer construct.
 
Frequently Asked Questions (FAQ)
What is SBI Rewardz Gold Bonanza campaign?
SBI Rewardz Gold Bonanza is a bonus points campaign where customers will be rewarded up to 5000 flat bonus points for purchase of Jewellery using their SBI Debit card at POS / E-commerce.

This means if during the campaign period if one spends based on the below transaction value on selected merchant category (Jewellery) he/she would be rewarded with the bonus points as per the below table:
 
Txn Value Bonus Points
INR 0-9,999.99 No Bonus Points
INR 10,000-19,999.99 Flat 500 Bonus Points
INR 20,000-39,999.99 Flat 1000 Bonus Points
INR 40,000-59,999.99 Flat 1500 Bonus Points
INR 60,000-99,999.99 Flat 3000 Bonus Points
INR 1,00,000 and above Flat 5000 Bonus Points
 
What is the duration of SBI Gold Bonanza campaign?
SBI Gold Bonanza campaign will be hosted for a period of 5 Days -19th April 2023 (00:00 Hours) to 23rd April 2023 (23:59 Hours)
 
What are the eligible categories?
The bonus points will be awarded on eligible transactions at POS / E-commerce based on MCC codes (5094,7631,5944) of the Jewellery as a Category.
 
Is there any other offer from merchant partners apart from the one mentioned above?
Yes, apart from the above-mentioned offers, GRT Jewellers will provide additional flat bonus points up to 13,000 for the purchases made on 22nd and 23rd April’23 using all SBI debit cards.

Also, Prince Jewellers will provide an additional 1 Bonus Point/INR 100 Spent during the offer period of 5 Days -19th April 2023 (00:00 Hours) to 23rd April 2023 (23:59 Hours).

The reward points awarded by merchant partners will be guided by their terms and conditions.
 
Which card variants are eligible for bonus points earning?
All variants of SBI Debit cards are eligible for bonus points.
 
Is there a minimum spend for getting bonus points?
Yes, a minimum spend of INR 10,000 will be required for acquiring bonus reward points. The eligibility to earn reward points is for bona fide retail purchases for self/ family only.
 
Is there a cap on the maximum points one can earn for spends during the campaign?
No, there will be no capping of maximum reward points earning during the campaign period.
 
Is there a cap on maximum transactions eligible to earn points for spending during the campaign?
No, there will be no capping on the number of transactions that will be eligible for flat bonus points during the campaign.
 
Where can one find the details of the campaign?
Please visit rewardz.sbi portal for the detailed terms and conditions of the campaign
 
For how long do the Reward Points remain valid?
The Reward Points awarded by State Bank will remain valid for 36 months excluding the month of accrual.
 
When will get the points for the transactions during the campaign?
Reward points earned under the offer will be credited by 30th June 2023
 
What is the value of festive reward points?
INR Value of 1 reward point is 25 paisa, validity of reward points. Other terms will be same as applicable under Bank’s Enterprise-Wide Loyalty Program.
 
Who do we contact in case of queries regarding the campaign?
Customer Support –
6000-8500 (Local call charges apply from Mobile or Landline, anywhere in India)
1800-209-8500 (Toll Free number from BSNL & MTNL networks only) all days 24/7.
Email - membersupport@StateBankRewardz.com