SBI has updated Rewardz redemption — you can now pay the full voucher value with points instead of the old 30% points + 70% debit card split.
What’s new
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1 Reward Point = ₹0.25
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100% points redemption on gift vouchers (Flipkart, Amazon Pay and others reported)
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Instant credit in many cases (no wait for prepaid card)
How to use
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Open SBI Rewardz / Yono
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Go to Gift Vouchers / redemption section
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Select available denomination and pay fully with points
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Stock for some GVs can be limited — redeem while available
Note
Tap & Pay campaign points are expected by 31 Oct. Availability and exact catalogue can change — check your account before redeeming.
Act soon if you have a large unused SBI Rewardz balance.