What is a Reward Point worth?

1 Reward Point is valued at Rs. 0.25 (meaning 4 points equal Re. 1) when redeemed against outstanding card dues, catalogue merchandise, or Titan brand vouchers. Points carry a 24-month validity period. In terms of effective return, the card reaches a maximum of 1.5% on non-Titan retail spends (capped at ₹1,500 in monthly rewards), representing true post-conversion monetary value.

What do I get at Titan and Tanishq stores?

Cardholders receive quarterly-capped rewards: 3% back in gift vouchers on Tanishq purchases (up to Rs. 25,000 per quarter), 5% cashback at Mia, CaratLane, and Zoya (up to Rs. 10,000 per quarter), and 7.5% cashback across World of Titan, Taneira, Titan Eye+, Helios, Fastrack, Skinn, and Sonata (up to Rs. 10,000 per quarter)—totaling up to Rs. 45,000 in quarterly benefits.

Which spends do not earn rewards?

No Reward Points are awarded on fuel transactions, wallet reloads, rental payments, utility bills, or government transactions, nor on Flexipay or merchant EMI conversions.

Does the Titan SBI Card earn 10 points per Rs. 100 on dining and pharmacy?

No. The official SBI Card terms specify that all non-Titan spending earns 6 Reward Points per Rs. 100 across categories. While a promotional carousel on SBI's product page displayed 10 points on chemist, pharmacy, sports, dining, and movies, that block duplicated Tata Card SELECT and SBI Card PRIME marketing copy; our analysis relies strictly on the binding terms and conditions.

How has the Titan SBI Card changed over time?

The dated Value Timeline for the Titan SBI Card on this page logs 5 updates since 2024, including 4 devaluations, 0 improvements, and 1 launch or restructure. The latest revision took place on 1 April 2026 with the introduction of monthly caps and redemption blocks in 4,000-point multiples for statement credits. Every entry references official bank documentation.

Has the Titan SBI Card been devalued recently?

Yes, 3 devaluations have affected the Titan SBI Card within the past 24 months. Most recently, on 1 April 2026, statement credit redemptions were restricted from unlimited redemptions to a maximum of 60,000 RP per month and limited strictly to multiples of 4,000 points. A full chronological record is available in the Value Timeline on this page.

When did the Titan SBI Card's fees last change?

The card's fees last changed on 1 November 2025, when a 1% fee was introduced on third-party education payments and wallet reloads exceeding ₹1,000. Current fee schedules appear on this page, with past updates detailed in the Value Timeline.

How did the Titan SBI Card change in 2026?

In 2026, 2 devaluations occurred for the Titan SBI Card: restricting domestic lounge access to a published lounge network on 10 January 2026, and capping statement credit redemptions at 60,000 RP per month in 4,000-point blocks on 1 April 2026. The shift from unrestricted statement credit redemption to structured monthly caps represents the largest recent change. Complete details and official sources are tracked in the Value Timeline on this page.

SBIPREMIUM

Titan SBI Card

4.1 / 5SarvCred Editorial Review

Check my eligibility

SBI

Titan SBI Card

Name: Titan SBI Card
Brand: SarvCred
Rating: 4.1 (1 reviews)

PremiumFee variesCashbackRewardsTravel

The Titan SBI Card is a lifestyle co-brand built around the Titan group, with a ₹2,999 fee reversed at ₹3 lakh of annual spend. Its headline value is quarterly-capped brand cashback — 7.5% at World of Titan, Taneira, Titan Eye+, Helios, Fastrack, Skinn, Irth and Sonata (₹10,000 a quarter), 5% at Mia, CaratLane and Zoya (₹10,000 a quarter), and 3% vouchers at Tanishq (₹25,000 a quarter). Away from Titan it earns a flat 6 Reward Points per ₹100 (~1.5%), capped at 6,000 points a month, with fuel, wallet loads, rent, utilities and government spends earning nothing. A 12,000-point welcome benefit worth ₹3,000, milestone Titan vouchers at ₹5 lakh and ₹10 lakh, and 8 domestic plus 4 international lounge visits via Priority Pass round it out. Reward Points expire 24 months after they are earned.

Key features

What this card is built to do — the highlights that actually matter.

🎁

Welcome Benefit

~₹3,000 in vouchers, points or cashback on card activation

⭐

1.5% on Other

6 Reward Points per Rs. 100 (~1.5%) on every category outside Titan stores, capped at 6,000 points (Rs. 1,500) a month. 4 RP = Re. 1. Fuel, wallet loads, rent, utilities and government spends excluded. Points expire 24 months after they are earned

✈

️ Airport Lounge Access

2 complimentary visits per quarter at domestic and international airport lounges

💳

Annual Fee Waiver

Fee of ₹2,999 + 18% GST (₹3,539 all-in)/yr fully waived when you spend ₹3,00,000/year

🎯

Milestone Bonus

~₹5,000 in bonus rewards on hitting annual spend milestones

📱

UPI Linked

Link to PhonePe, GPay or Paytm and earn credit card rewards on UPI payments

Full reward structure

Category	Type	Rate	Monthly cap
Other	reward points	1.5%	₹1,500

Fees & charges

Charge	Amount
Annual fee (incl. 18% GST)	₹3,539
Joining fee (incl. 18% GST)	₹3,539
Forex markup	3.5%

Perks & benefits

Estimated annual value beyond rewards — ~₹25,200/yr in total.

✈

️ lounge access ~ ₹9,000 /yr

8 domestic visits/year (max 2 a quarter) + 4 international (max 2 a quarter) via Priority Pass, free for 2 years. From 10 Jan 2026 domestic access is limited to SBI's published lounge list; visits past the quota cost USD 27 + tax

⛽

fuel waiver ~ ₹1,200 /yr

1% fuel surcharge waiver on transactions up to Rs. 3,000; maximum waiver Rs. 100 per statement cycle

🎯

milestone bonus ~ ₹5,000 /yr

Rs. 5,000 gift voucher at Rs. 5 lakh of annual spend, redeemable only at exclusive Titan stores

🎯

milestone bonus ~ ₹10,000 /yr

An additional Rs. 10,000 gift voucher at Rs. 10 lakh of annual spend, redeemable only at exclusive Titan stores

Milestone ladder

1₹5,00,000 a year₹5,000 of value
2₹10,00,000 a year₹10,000 of value

Should you get it?

Best for: Frequent Titan, Tanishq and CaratLane shoppers, Buyers planning a large jewellery or watch purchase, Occasional flyers who want a strong lounge package for the fee

Premium tier — a solid all-rounder for steady monthly spend.

Strongest value if you spend heavily on Other ( 1.5% back).

Frequent travellers benefit from the included airport lounge access.

✓ Pros

High cashback at Titan group stores — 7.5% at World of Titan/Taneira/Titan Eye+/Helios/Fastrack/Skinn/Irth/Sonata, 5% at Mia/CaratLane/Zoya, 3% vouchers at Tanishq
Welcome benefit of 12,000 Reward Points worth Rs. 3,000
Milestone vouchers of Rs. 5,000 at Rs. 5 lakh and a further Rs. 10,000 at Rs. 10 lakh
8 domestic and 4 international lounge visits via Priority Pass

✕ Cons

Best value is locked to Titan and Tanishq brands — narrow for non-jewellery buyers
Outside Titan stores the rate is a flat 6 Reward Points per Rs. 100 (~1.5%) at Rs. 0.25/point, capped at 6,000 points a month
Rs. 2,999 fee needs Rs. 3 lakh spend to reverse; milestone vouchers need Rs. 5 lakh+
Fuel, wallet loads, rent, utilities and government spends earn nothing
Reward Points expire 24 months after they are earned

Eligibility & documents

Min. income

₹50,000 /mo

Employment

Salaried · Self-employed

Documents required

PAN card
Aadhaar / address proof
Income proof (salary slips or ITR)
Recent passport-size photograph

How to redeem rewards

Ways to convert what you earn into real value.

🎁 Pay your card outstanding with Reward Points at 4 Reward Points = Re. 1

🎁 Redeem Reward Points against the SBI Card reward catalogue and Titan vouchers

🎁 Milestone gift vouchers are redeemable only at exclusive Titan stores

What your SBI Reward Points are worth

Realistic value per point by redemption route — the difference is what most people leave on the table.

Statement credit BEST Capped at 60,000 pts/month from Apr 2026

₹ 0.25 /pt

Rewards catalogue / vouchers BEST Vouchers & merchandise

₹ 0.25 /pt

The concern Best value is locked to the Titan and Tanishq brands — outside them it is a flat ~1.5% at ₹0.25 per point, capped at 6,000 points a month, and fuel, wallet loads, rent, utilities and government spends earn nothing.

The bottom line

This specialized lifestyle card provides exceptional returns for regular shoppers across Titan Company brands, especially when timing major watch or jewellery purchases, and backs it up with a generous airport lounge allowance. However, for non-Titan retail spending, it operates as a standard ~1.5% rewards card with several major excluded categories; hence, its value depends directly on your Titan brand loyalty rather than general retail utility.

Sources & verification

Fees, reward rates, and benefits for the Titan SBI Card are taken from SBI Card 's official Most Important Terms & Conditions (MITC) and fee schedule — see the card's official page . Last verified 5 Aug 2026 . Reviewed by Devchandra Sah . Always confirm current details on the issuer's site before applying. How we research →

Independence. CardAdvisor is an independent editorial publication. We are not affiliated with, endorsed by, sponsored by, or authorised to act for SBI Card . All issuer names, product names, and payment-network marks are the property of their respective owners and appear here for identification and comparison only. Card faces shown on this site are our own original illustrations — we do not display or host issuer card artwork or logos.

Value timeline

Every real-world change to this card's rewards, fees and benefits we've tracked — newest first, each linked to its source.

Tracking since 2024 · 5 changes · last change Apr 2026

▲ Revaluation ▼ Devaluation ◆ Neutral / reversed

2026 2 changes — 2 cuts

▼ Redemption Observed 26 Feb 2026 · Effective 1 Apr 2026

Statement-credit redemption capped & blocked into 4,000-point multiples

Unrestricted statement-credit redemption, any point quantity → Max 60,000 RP/month; redeemable only in multiples of 4,000

Effective 1 April 2026, SBI Card capped statement-credit redemption at 60,000 Reward Points per card per calendar month and required redemptions in multiples of 4,000 points, removing partial/small redemptions. The 4 RP = ₹1 (₹0.25/point) conversion rate is unchanged. Applies to the Titan SBI Card, which lets holders pay their outstanding with Reward Points (only Air India SBI Signature and the two PhonePe SBI variants are exempt).