SBI Card has revised its rewards programme, and here’s the big news: No reward points will be earned for spending on digital gaming platforms. Here’s what this means and why it’s happening.
What’s Changing?
- Transactions made on digital gaming platforms will no longer accrue reward points.
- This update affects all SBI credit cards and is part of the company’s revised policy terms.
Why the Change?
This move is part of a broader revision of credit card policies by several Indian banks. Changes include:
- Adjustments in reward structures.
- Revisions to fees and benefits.
It reflects an industry-wide shift to align credit card programmes with evolving spending habits.
Who Does This Impact?
- Regular users of digital gaming platforms who rely on credit card rewards for spending.
- Customers who use SBI Cards for microtransactions on gaming apps or platforms.
Broader Trend in the Industry
Other banks are also revising their credit card policies to:
- Exclude certain spending categories from rewards programmes.
- Focus on everyday spending categories like groceries, dining, and travel.
What Should You Do?
If you frequently spend on digital gaming platforms:
- Check if other credit cards in your wallet offer rewards for gaming spends.
- Consider using debit cards or UPI for these transactions if rewards aren’t a priority.
While this is a setback for gaming enthusiasts, it’s a good time to reassess your credit card strategy. Focus on cards that reward you for the categories you spend the most on.