SIB Rewardz, the most rewarding program from South Indian Bank has been launched from 1st November, 2015. All SIB Customers will earn reward points for all their Online/POS transactions using SIB Debit cards.
The SIB Rewardz Point Structure is as given below:
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SIB Debit Card Type
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SIB Rewardz Points earned per Rs. 200/- spent if transaction amount is less than Rs. 2000/-
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SIB Rewardz Points earned per Rs. 200/- spent if transaction amount is greater than or equal to Rs. 2000/-
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Basic Debit Card
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1
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2
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Platinum Debit Card
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1.25
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2.5
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World /Signature Debit Card
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1.5
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3
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For Prime and Prime Platinum Customers, 2x and 3x points respectively will be awarded on their Debit Card Transactions.
Customers can receive 200 Bonus points on their first POS/Ecom transaction with their SIB Debit Card within 60 days of issuance if the amount is greater than Rs. 2000/-.
Transactions for purchase of Mutual funds through SIB Debit Cards is excluded from accruing SIB Rewardz Points (MCC 6211). Effective from25.09.2024, transactions in the following categories/MCC will not be eligible for Reward Point accrual: Fuel (MCCs 5541,5542,5983 & 5172), Government services (MCC 9399), Financial Institutions (MCC 6012) and Insurance (6300 & 5960).
Through SIB Rewardz Website www.sibrewardz.com customer can log into the Rewardz program and shop for a number of exciting goods and services with the reward points earned. Customers will have to mandatorily go through a One-time registration process in-order to view the point statements and redeem the earned points through the site. Unless the customer registers for the program he/she will not be able to view the points or redeem the points through the SIB Rewardz Site. Once the customer has completed his/her registration, he/she can view the point statement and make purchases using the points in his/her account through the site. Customers have the option to shop apparels, accessories, electronics, books, groceries, jewellery, etc. Also the Live redemption facility can be used for online recharge, buying movie tickets, buying bus and flight tickets. A nominal convenience fee is applicable on different redemption option as given in the SIB Rewardz Website.
The minimum threshold for SIB Rewardz Points redemption is 250 points & maximum is 4000 points per month per customer ID. There is no limit on SIB Rewardz Pointz accrual by a customer.
SIB Rewardz -Max Get More
Through the SIB Rewardz 'Max Get More' program, customers will be awarded extra points for shopping done through the partner outlets. Customer can earn upto 10 times the points when he/she shops through the partner outlet. Through 'Max Get More' program customers will have the option to even redeem their earned points at their favourite outlets in the city.
Customer support
Toll free No: 1800 108 8757 (Monday - Saturday, 9 am to 6 pm)
Email support: [email protected]