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How to redeem SBI Cashback reward points

SBI Cashback earns SBI Card Reward Points. Here is every way to use them, ranked by the rupee value you get per point. Pick the top option unless you are transferring to an airline for premium travel.

Best value

Cashback: 1,000 points = ₹1,000

  1. 1No action needed - cashback is auto-credited to the card statement within 2 working days of statement generation
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Every redemption option, compared

Cashback

instant
₹1,000 / 1,000 pts

No action needed - cashback is auto-credited to the card statement within 2 working days of statement generation

Going somewhere? Transfers can beat all of these.

For premium-cabin travel, transferring points to an airline often returns far more than any option above. See exactly which transfer path your points unlock.

Open the Trip Planner

Frequently asked

What is the best way to redeem SBI Cashback reward points?

Cashback at about ₹1 per point (₹1,000 per 1,000 points), which is the highest-value option for this card.

What is 1,000 SBI Cashback points worth?

Between ₹1,000 and ₹1,000 depending on how you redeem. The redemption channel you choose matters more than the number of points.