Santa Claus comes around just once a year. In the meantime, there are Credit Cards.
  • Syndicate Bank Credit Card Reward Points

    Syndicate Bank reward points can be earned for 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.

    How to Earn Syndicate Bank Credit Card Reward Points

    Get 1 reward point for every Rs.400 spent on the card. You can earn reward points on your Syndicate Bank credit card when you make payments towards the following categories:

    • Movies
    • Groceries
    • Dining
    • Railway bookings
    • Welcome bonus
    • Everyday shopping
    • High-value purchases
    • Bill payment
    • Add-on cards

    Conversion of Syndicate Bank Reward Points to Cash

    • You can encash your reward points multiples of 500.
    • This is subject to a minimum of 500 points.
    • An amount 0.50 paise for every reward point will be credited to credit card account.

    Eligible Cards for Syndicate Bank Credit Card Rewards Programme

    • Syndicate Bank Classic Credit Card
    • Syndicate Bank Gold Credit Card
    • Syndicate Bank Rupay Credit Card

    FAQs on Syndicate Bank Credit Card Reward Points

    1. How many reward points do Syndicate Bank credit cards offer?

      For the Syndicate Bank Global Gold Credit Card, for every Rs.200 spent, you will receive 1 reward point.

    2. When can I redeem by Syndicate Bank reward points?

      Only when you acquire 500 reward points, you can redeem them from the official website of the bank. Syndicate Bank allows redemption of reward points in multiples of 500.

    3. What is the value of 1 Syndicate Bank reward point?

      1 reward point offered on Syndicate Bank credit cards is equal to 50 paise or Re.0.50.

    4. Will tax be deducted on rewards redemptions?

      Yes, for all reward point redemption transactions, TDS will be applicable.

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