SBI Card changes reward points redemption rules from April 1, 2026: Check new limits and conditions

SBI Card is implementing significant changes to its reward points redemption policy, effective April 1, 2026. A monthly cap of 60,000 reward points for statement credit will be introduced for most cards, with redemptions now requiring multiples of 4,000 points. Additionally, forfeiture timelines for promotional offer reward points are being updated from January 2026.