Syndicate Bank customers can avail the Syndicate Bank Global Credit Card in two variants namely - Classic and Gold. Reward points can be got for purchase transactions done with Syndicate Bank credit cards at merchant outlets across the globe. Syndicate Bank customers can earn points depending on the type of transaction done and the category of spend. The number of reward points that can be got varies for different types of card usage.
Syndicate Bank credit card holders can earn reward points for every type of purchase, regardless of the category.
Syndicate Bank Global Credit Card - 1 Reward points can be got for every Rs. 200 spent on purchases.
Syndicate Bank has also offered the GoGreen scheme for credit card holders, who register their email addresses with the bank. A soft copy of the monthly billing statement can be got by Syndicate Bank customers to their email ids. Enrolling for this will entitle the credit card holder to earn five extra reward points for every single transaction.
Rewards redemptions can be done by Syndicate Bank credit card holders by using any of the below given methods -
Accrued reward points can redeemed for making payments towards the renewal fees for an existing Syndicate Bank Global Credit Card.
Customers have to make redemptions starting with a minimum of 500 reward points. The encashment can be done in multiples of 500 points. Syndicate Bank customers can convert reward points to cash at the rate of Rs. 0.50 for 1 reward point, which will be directed to the credit card account. TDS would be applicable on any rewards redemption transaction done by the customer.