Tuesday , 2 September 2014
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Have a State bank ATM/debit card? Now you can earn reward points too

Good news for all those who have debit cards of the State Bank Group (SBI or any of its associate banks). Just like how credit cards accumulate reward points when you use them for shopping, State Bank debit card (ATM cum Debit) holders can also earn such reward points from now on.

The State Bank group has recently introduced a unique rewards system called ‘Freedom Rewardz’. If you are a State Bank ATM Debit card holder and are living in India, you are automatically enrolled in the program. All you have to do to earn reward points is activate your account.

To do so, just visit this page and fill in the required details and you’ll have your own account where you  can check your reward points any time and redeem them for Airline tickets, Bus tickets, Movie tickets  and other exciting merchandise.

Earning and redeeming reward points

Every time you use your State bank debit card, you earn 2.5 points for every Rs.100 spent (see update below). If you spend the amount in any of the State bank partner outlets, you canFreedom-rewardz earn as many as 4.5 reward points for every Rs.100 spent.

Redeeming points is easy too. And you can do it online via their website. It really got a wide range of products and there are products (although not that useful) which you can redeem for as less as 400 reward points. Even lesser, for 360 points, you can get a Rs.50 voucher of Lifestyle, Shoppers Stop, Costa Coffee etc. Other than these, as the points requirement increases, you have various products like Gold and diamond rings, necklaces, coins, luxury watches etc.

As an example, for a Rs.15525 worth diamond ring, you need 44712 freedom reward points. You can also book Air tickets, Bus tickets, movie tickets and the one that I find using most, recharge prepaid mobile or DTH. You can recharge almost all networks’ mobile numbers. For airtel, for a Rs.150 top up, you need 600 points (400 points for Rs.100 top up). The recharge happens electronically and really, really fast. A little disappointed that there are no full talk time top-up’s (atleast not now) but there are other talktime top up’s to do the work for the time being.

All redeemed products (if they are physical products) will be delivered to users address with in 30 days. Freedom points will be immediately debited from your account as soon as you place your redemption request. In case you do not receive your product with in 30 days, you should contact freedom rewardz and they will roll the debited points back to your account.

Update: Since November 2012, you only earn 1 point for every Rs.200 spent. This is a severe reduction in reward points by the State bank group.

55 comments

  1. What a surprise! being proud to be a SBI Debit Card holder.

    Paul

  2. HELLO FRIENDS PLEASE HELP ME TO KNOW ABOUT HOW TO COLLECT MY REWARD POINT?? THANKYOU

  3. Ramakrishnanpallath

    Please let me know the procedure to redeem the points

  4. Bibhishan Krishnat Kshirsagar

    I have some reward points (SBI Rewardz) but tell me how to use these points.

  5. I have 496 points, how to redeem point and what product for that points?

    • 496 points is nearly worth Rs.125. You can get any product that’s under it, or you can just recharge your mobile for this money. You can search for products or recharge at freedomrewardz site.

  6. I have some reward points (SBI Rewardz) but tell me how to use these points.

  7. jayamani sokkalingam

    I have freedom reward points of 2915. How to redeem. Give me the web site address through which I can redeem or the amount can be credited to my a/c.

  8. Freedomrewardz I have only membership number [removed]. How can I check my freedomrewardz point help me.

    • Go to Freedomrewardz page and click on ‘Recover your Password’, You’ll then have everything to login and redeem your points.

  9. Please let me know how to redeem my freedom points gained through your SBI debit card and the outlets where I can redeem.

  10. I receive the messages about freedom points I have earned, but how to redeem it I don’t know. I have earned 3131 points and I want to redeem it now. In fact I tried to contact you over phone but in vain. please help..

  11. The following are my queries:
    (1) how to get my sbi debit card registered for freedom rewardz points
    (2) how to know the points earned by me?
    (3) how to redeem the earned points?

  12. have got 2640 freedom points..guide me how to claim them

  13. I have earned sbi freedom points …Now I just want to know that how can I redeem that points..?

  14. Husna Raza Nanji

    I have 1888 freedom rewardz how 2 redeem them.

  15. Where can i get(website) SBI freedom points and to whoom contact for gift.

  16. lokesh kumar juneja

    I want to know how many points have I accrued?

  17. My all purchase are done through debit card only. I am holding 521.07 points.
    I am not able to find out my entitlement and way of claiming it. Please let me know what are the items available on this points

  18. i receive the message about how much freedom point i have earned , but how to redeem it i don’t know . I also don’t know where to go to purchase . What is the process and what is the money equivalent of freedom point 1529.73 which i have received as SMS on my mobile. please do needful. I am totally unknown to this freedom point purchase system.

  19. i have a state bank debit card but i don’t know about freedom rewardz. plz tell me

  20. prashant kumar gaur

    i receive the message about how much freedom point i have earned , but how to redeem it i don’t know . I also don’t know where to go to purchase . What is the process and what is the money equivalent of freedom point 2279.46 which i have received as SMS on my mobile. please do needful. I am totally unknown to this freedom point purchase system.

  21. prabhat kumar dubey

    i have sbi debit card i use this card many time for shopping ,but still i don,t know how much freedom rewardz point i have,how can i know & redeem it.

  22. Subir Roy Choudhury

    i am Subir Roy Choudhury. i have SBI Maestro debit card. how can i found my points earned as reward.

  23. how to redeem my points

  24. i have a state bank debit card & credit card but i don’t know about freedom rewardz plz tell me

  25. i want to know how and where i can use my reward points

  26. how to redeem my 2568.39 freedom points

  27. RAMNATHAN RAMAKRISHNAN

    I Received Car Vacuum Cleaner although I asked fro a DOMESTIC vacuum Cleaner. Please Let me Know the remaining freedom Points Thank You

  28. What is the use of that points.

  29. vinod kumar dembla

    i have 2000 power points of sbi how can i redeem them

  30. i have sbh account debit card suggest me how i can get internet banking service

  31. please provide the detail of reward we heve after redemption of how much point

  32. Most horrible SBI CARD Redeem power points

  33. Khumukcham Lamjingba Meetei

    I want to know my freedom reward point,i am a regular user of purchasing sbi atm cum debit card. Plz tell me. Thanks

  34. annapurna boggavarapu

    sir,
    i have 4878 points on my debit card
    pl tell me where i can redeem this points.\,and also give me address to whom i have to contact

  35. give me sbi reward details.

  36. My all purchase are done through debit card only. I am holding 22.59 points.
    I am not able to find out my entitlement and way of claiming it. Please let me know what are the items available on 22.59 points.

    jagdish nagvadia

  37. i already i have SBI account please tell me how to go in to that account

  38. i have sbi debit card and i have earned certain points plz guide me to redeem them

  39. what are the benefits of freedom rewardz.

  40. Hii Shiva,Go to the site http://www.freedomrewardz.com/default.aspx & activate your card. Thats it.

  41. Give me SBI rewards details

  42. i have a state bank debit card but i dont know about freedom rewadz. plz tell me

  43. Ohhhh. I really wish I came to know this earlier. It was just a week back that I used my state bank debit card to buy an iPhone. how many reward points I could have accrued with Rs.30000 spent.

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