Welcome to SIB Rewardz, a Debit Card loyalty program by South Indian Bank which gives its customers the best benefits. At South Indian Bank, we aim to be the best in customer service, providing a secure, dynamic and conducive banking environment to our customers. SIB Rewardz is part of our effort to show the commitment and value we have toward our patrons.

We use the best technology and processes to give you a streamlined and fruitful banking experience, where you can maximize your spending power by earning SIB Points every time you pay with your SIB Debit Card. These SIB Points have a monetary value and can be used to get a wide range of products and services for free across thousands of stores in India.

How to earn SIB Points

When you have a South Indian Bank Debit Card, you earn SIB Points every time you use it to make payments in stores or online. So by using your Debit Card wherever possible, to pay for shopping, groceries, at cinemas, restaurants, online stores or bill payment portals, you are increasing the number of SIB Points you earn. You can also book flight, bus and train tickets or pay for hotel rooms with your SIB Debit Card and earn SIB Points. These points can later be redeemed for a host of free products and services.

Multiply SIB Points with Max Get More

You can earn up to 5 times more SIB Points by shopping at Max Get More partner stores. There are over 7000 stores to choose from, spread throughout India. When you shop at a Max Get More partner store, you can earn up to 5 times extra SIB Points.

Redeeming your SIB Points

You have the choice to redeem your accumulated SIB Points through here on the SIB Rewardz website and also at Max Get More partner stores.

  • On the SIB Rewardz website, you can redeem your SIB Points to get free products and services from a wide range of product categories. Product categories include apparel, toys, kitchenware, books, electronics and personal care items, with new products constantly being added. Some of the services you can avail of are booking air and bus tickets, buying movie tickets, mobile and DTH recharge, hotel bookings, and gift vouchers.
  • SIB Points can also be redeemed at Max Get More partner stores across India. There are over 7000 stores associated with South Indian Bank through Max Get More. You can shop at a wide range of brands, with product categories ranging from apparel and electronics to jewellery and hotels. To see the entire list of Max Get More partner stores, Click here.

From 18th Dec 2019, customers will be required to redeem a minimum of 250 points for each redemption. Redemptions for value below 250 points will not be entertained. In a calendar month, maximum of 20,000 points can be redeemed by a customer. Each SIB Point is worth Rs. 0.25. Thus, with 1000 SIB Points, you get free shopping worth Rs. 250.

SIB Rewardz Membership

South Indian Bank Debit Card holders are automatically enrolled into the SIB Rewardz Program and accrue SIB Points with Debit Card spends. You can redeem these SIB Points on https://www.sibrewardz.com/ by:

Registering and activating your SIB Rewardz account: To activate your account, go to the ‘First Time User’ option. Provide your South Indian Bank Debit Card number, enter one-time-password (OTP) received on your registered mobile number, verify personal details and start redeeming. Click here to Register now.

SIB Rewardz Earning Structure:

SIB Debit Card type

SIB Rewardz Points earned/Rs.200 spent if transaction amount is less than Rs. 2000

SIB Rewardz Points earned/Rs.200 spent if transaction amount is greater than equal to Rs.2000

Basic Debit Card

1

2

Platinum Debit Card

1.25

2.5

World Debit Card

1.5

3

SIB Rewardz Points earned will be doubled in the case of international transactions.  For example, a Basic Debit Cardholder will earn 2 points per Rs.200 spent if the total transaction value is less than Rs.2000 and 4 points per Rs.200 spent if the total transaction value is equal or greater than Rs.2000.

Bonus SIB Rewardz Points

Debit Card transaction & Service Activation*

Bonus SIB Rewardz Points

First usage of debit card on POS/ecommerce

50

First transaction greater than Rs.2000 within 30days of issuance

50

Min 3 transaction of Rs.2000 or more in a month

20

Min 5 transaction of Rs.2000 or more in a month

40

* ‘Activation’ implies that a customer has to make at least one transaction within two months with the said service to be eligible for the bonus SIB Points.

Points for Other Banking Activities

Below is the complete list of banking activities through which you can earn SIB Points. All the following points will be given from 1 November 2016 onwards:

Banking Activity

Description

SIB Rewardz Points

Average Balance

For Maintaining AMB b/w Rs.50,000 to Rs.1,00,000

25 Points

For Maintaining AMB Rs.1,00,000 & above

50 Points

Recurring Deposit Account

RD opened through digital channel only (Rs.1000 or more for min 12 months)

100 Points

Mobile Banking Activation

For activation along with one payment/fund transfer within a month of account opening

50 Points

Internet Banking Activation

For activation along with one payment/fund transfer within a month of account opening

50 Points

Dormant Accounts

For activating an account which has been inactive for 6 months

100 Points

Salary Accounts

Opening / transferring of salary account to South Indian Bank

100 Points

Opening Premium SIB Account

For opening of SB-Silver & above accounts

SB Silver – 50 Points

Above Silver – 100 Points

Opening Premium Current A/c

For opening of Premium current accounts – CD Smart & above

200 Points

Opening of Term Deposit

Opening term deposit online (Rs.50,000 and above)

100 Points

FCNR Deposits

Opening of an FCNR Deposit

100 Points

Updating Personal Details

Mobile Number

50 Points each (upto 100 points in a year)

E-mail ID

POS Installation

For every new POS machine installed

100 Points

You must have a minimum balance of 200 SIB Points for redemption. Each SIB Point is worth Rs. 0.25. Thus, 1000 SIB Points get you free shopping worth Rs. 250.

SIB Point Expiration: The validity of SIB Points is three years excluding the date of their allocation. Post this, these SIB Points will expire and will be unusable for redemption. Additional points earned at Partner Stores are valid for a period of 12 months or 1 year excluding the month of accrual.

To learn about your SIB Point Balance, log into your personal SIB Rewardz Account or Call the SIB Rewardz Help Desk at 1800-108-8757. Help Desk Timings: Monday To Saturday (9 AM to 6 PM). To start redeeming your SIB Points, Click here now.

Max Get More Benefits

If you choose to swipe your South Indian Bank Debit Card at the wide network of 7000+ popular Max Get More partner stores, ranging from apparel and jewellery to electronics and health services, you will get the benefit of earning additional SIB Points.

You can redeem your SIB Points at Max Get More partner stores.

Featured Max Get More Partners

  • Max Get More
  • LifeStyle
  • PayU Money
  • GRT Jewellers

View all Max Get More Partners