Customers of State Bank of India (SBI) will no longer need to have a credit card to earn rewards points. The country's largest bank has decided to give reward points to all its customers for almost every banking transaction done with the bank. A customer can now earn a reward points for paying home or education loan instalments on time; opening saving bank account or even a demat account; and shopping by using their SBI debit card. These points which are redeemable for full or partial payments to get products & services online can be managed and tracked using SBI's mobile app called State Bank Rewardz. Here is all you need to know about the mobile app.
Benefits of Using The State Bank Rewards app:
Register and access your State Bank Rewardz account anytime anywhere
Redeem reward points across multiple redemption options
Receive periodic alerts of special offers from Max Get More partner brand's
Redeem reward points across multiple redemption options
Receive periodic alerts of special offers from Max Get More partner brand's
Once you download the State Bank Rewardz app, you can register your account in 4 simple steps
Enter your debit card or CIF number
You will then need to enter the last 5 digits of your account number
Post this; enter the OTP sent to you via email and SMS
Create a username and set a password of your choice
According to SBI, you can choose to redeem your Reward Points for a variety of redemption options like mobile bill payments, DTH recharges, flight tickets, movie tickets and to shop for merchandise on the State Bank Rewards app itself.
Enter your debit card or CIF number
You will then need to enter the last 5 digits of your account number
Post this; enter the OTP sent to you via email and SMS
Create a username and set a password of your choice
According to SBI, you can choose to redeem your Reward Points for a variety of redemption options like mobile bill payments, DTH recharges, flight tickets, movie tickets and to shop for merchandise on the State Bank Rewards app itself.
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