Cashback SBI Card excluded from all the offers

At least they should have given sale discount for 1-2 years😁

It's a good card, if it don't get devalued.  But brands should consider 5%+5% for this card

Epsilon_delta wrote:

It's a good card, if it don't get devalued.  But brands should consider 5%+5% for this card

It will get devalued & won't be considered for 5+5% discount as it is simply not financially viable for a publically listed credit card company like sbi card.

guest_999 wrote:
It will get devalued & won't be considered for 5+5% discount as it is simply not financially viable for a publically listed credit card company like sbi card.

To phir band karwa denge 

Epsilon_delta wrote:

To phir band karwa denge 

SBI card is betting on that only

If i dont find it useful in 1 year now that they devalued many thing already will place a closure req and close it unless they make it LTF

neel648 wrote:
If i dont find it useful in 1 year now that they devalued many thing already will place a closure req and close it unless they make it LTF

Ltf rakh ke bhi koi fayda nai

This must be the fastest devaluation in the history of credit cards 

Sbi cashback card not working in sale only but in normal case this is still best rewarding card till now.

With 5% default cashback for online transactions, its go to card for all regular purchases.

Whoever designed this card (digital art) must have thought about backtracking and devaluation in advance to respect the design language...

Ever seen if someone inserts it into the POS machine (notice the chip side), the letters are reverse? It's not that the billing staff would read the card the right way, it's because the customers should expect reversal of offers/benefits and slow and steady devaluation... things leaving the cardholder away! ulta ulta ulta!

Snapz wrote:

With 5% default cashback for online transactions, its go to card for all regular purchases.

True.. who gives 5% for all regular transactions? Only sbi

As many have said, this card is really good for non sale online spends. But I do have some reservations about this card. The first one is that you will need another SBI CC for the bank offers, so ideally you need this card plus another SBI card. But SBI doesn't provide LTF cards normally, so you have to pay annual fee for two cards or use the SBI cards for most of your spending to meet the fee waiver spend limit. Not being able to use the card in sales makes it very difficult to achieve the fee waiver IMO. 

Also I'm not sure how much people spend outside major platforms like Amazon, Flipkart, myntra, tata neu, swiggy and zomato. Most places have better offers than 5% CB through various bank or wallet offers. Tata neu HDFC cards give 10% discount on sales plus extra 2-5% extra neu coins plus can be used in all other HDFC offers (for now at least). If you do shop a lot outside the major online stores, I guess this card is useful, but I don't see this card being very useful now as it's been removed from all sales. 

IMO HDFC Millenia is still a very good option, especially as it's LTF for many people, provides 5% CB on most of the big sites, has lots of spend based offers and gives 1000 voucher per quarter on 1 lakh spends. Also special mention to FK Axis card, got it LTF, gave me 10% discount + 5% CB last BBD l, 8% discount + 5% CB this BBD and 10% discount + 5% CB multiple times on myntra which is an absolutely fantastic return. 

freedealexpert wrote:
Sbi cashback card not working in sale only but in normal case this is still best rewarding card till now.

Just asking out of curiosity, how much do you spend outside the major retailers (like Amazon, FK, Tata Neu, Swiggy, Zomato, etc, which have better, often LTF options available) and where do you use this card that makes this card genuinely better than the rest of the competition? Does it give 5% for bill payment and insurance? I'm trying to think of other sites - maybe pharmeasy, lenskart, meesho? But even those sites have 10% discount bank offers for big spends time to time. Or do you use this card just for small spends like below 1000? Anyone who use this card can feel free to answer 

A_J wrote:

Just asking out of curiosity, how much do you spend outside the major retailers (like Amazon, FK, Tata Neu, Swiggy, Zomato, etc, which have better, often LTF options available) and where do you use this card that makes this card genuinely better than the rest of the competition? Does it give 5% for bill payment and insurance? I'm trying to think of other sites - maybe pharmeasy, lenskart, meesho? But even those sites have 10% discount bank offers for big spends time to time. Or do you use this card just for small spends like below 1000? Anyone who use this card can feel free to answer 

This card is most beneficial to those finding ways/loopholes to rotate money/buy GVs at discount for resell or a rare minority using it for some large genuine spend once in a blue moon outside of amazon/fk/cliq/croma etc. It does not directly give 5% for any bill payment/insurance but ppl are finding ways to buy amazon GVs at discount using this card & use them to pay those bills/insurance premium.

guest_999 wrote:
This card is most beneficial to those finding ways/loopholes to rotate money/buy GVs at discount for resell or a rare minority using it for some large genuine spend once in a blue moon outside of amazon/fk/cliq/croma etc. It does not directly give 5% for any bill payment/insurance but ppl are finding ways to buy amazon GVs at discount then use them to pay those bills/insurance premium.

Yes, buying GV at discount seems to be the only genuine use for this card now and I'm sure that loophole will be closed soon. Not to mention you need to spend 20,000 just to break even with the renewal fee (unless you spend 2 lakh in a year). Even for bill payments Axis Ace is there, which gives 5% CB plus it can be used in all sales, so 10% discount plus 2% CB. Only those people who got 10% discount plus 5% CB during this GIF profited from the card.

I don't even know why SBI launched this card. I guess it gave them a lot of publicity. It was too good to be true and as they say, if it's too good to be true, then it probably is.   

A_J wrote:

As many have said, this card is really good for non sale online spends. But I do have some reservations about this card. The first one is that you will need another SBI CC for the bank offers, so ideally you need this card plus another SBI card. But SBI doesn't provide LTF cards normally, so you have to pay annual fee for two cards or use the SBI cards for most of your spending to meet the fee waiver spend limit. Not being able to use the card in sales makes it very difficult to achieve the fee waiver IMO. 

Also I'm not sure how much people spend outside major platforms like Amazon, Flipkart, myntra, tata neu, swiggy and zomato. Most places have better offers than 5% CB through various bank or wallet offers. Tata neu HDFC cards give 10% discount on sales plus extra 2-5% extra neu coins plus can be used in all other HDFC offers (for now at least). If you do shop a lot outside the major online stores, I guess this card is useful, but I don't see this card being very useful now as it's been removed from all sales. 

IMO HDFC Millenia is still a very good option, especially as it's LTF for many people, provides 5% CB on most of the big sites, has lots of spend based offers and gives 1000 voucher per quarter on 1 lakh spends. Also special mention to FK Axis card, got it LTF, gave me 10% discount + 5% CB last BBD l, 8% discount + 5% CB this BBD and 10% discount + 5% CB multiple times on myntra which is an absolutely fantastic return. 

When did you got Axis Flipkart for LTF? Last year? 

ConfirmPassword wrote:

True.. who gives 5% for all regular transactions? Only sbi

But its not all know .. topup, rent payment, insurance payment and many more dont have 5%..

EkdamSastaRaju wrote:

This must be the fastest devaluation in the history of credit cards 

Axis ko bhi piche chor diya

I have used it in almost all days on amazon sale and bought gold :p

Dealkitalash wrote:
But its not all know .. topup, rent payment, insurance payment and many more dont have 5%..

I buy gifts cards and pay them.. for offline, i buy the brand gift cards and pay them. 

This is the best card ever. On all online spends you're getting flat 5% with capping of 10k per month. Many of you think what's the use of this cadlrd when individual websites are providing 10% card discounts. You can use this card to get more than 10%. Consider On Ajio you're just getting 10% off upto 1000 on brand cards. But this card will allow you to get more than 10% if transacted throught gift cards. Also all bill payments can be paid through Amazon pay via gift card purchase @ 5% cashback This card also provided 10% disc plus 5% cashback during Amazon sale where most people calculated if they have crossed 10k cashback for the month. And coming to yearly charges of 1180. I don't think anyone who is earning 10k per month out of this card will consider this amount. 🤔

satkan19 wrote:
When did you got Axis Flipkart for LTF? Last year? 

Yes

rtejafriends wrote:
This is the best card ever. On all online spends you're getting flat 5% with capping of 10k per month. Many of you think what's the use of this cadlrd when individual websites are providing 10% card discounts. You can use this card to get more than 10%. Consider On Ajio you're just getting 10% off upto 1000 on brand cards. But this card will allow you to get more than 10% if transacted throught gift cards. Also all bill payments can be paid through Amazon pay via gift card purchase @ 5% cashback This card also provided 10% disc plus 5% cashback during Amazon sale where most people calculated if they have crossed 10k cashback for the month. And coming to yearly charges of 1180. I don't think anyone who is earning 10k per month out of this card will consider this amount. 🤔

Where is this capping of 10k mentioned ? Can u share screenshots

A_J wrote:

As many have said, this card is really good for non sale online spends. But I do have some reservations about this card. The first one is that you will need another SBI CC for the bank offers, so ideally you need this card plus another SBI card. But SBI doesn't provide LTF cards normally, so you have to pay annual fee for two cards or use the SBI cards for most of your spending to meet the fee waiver spend limit. Not being able to use the card in sales makes it very difficult to achieve the fee waiver IMO. 

Also I'm not sure how much people spend outside major platforms like Amazon, Flipkart, myntra, tata neu, swiggy and zomato. Most places have better offers than 5% CB through various bank or wallet offers. Tata neu HDFC cards give 10% discount on sales plus extra 2-5% extra neu coins plus can be used in all other HDFC offers (for now at least). If you do shop a lot outside the major online stores, I guess this card is useful, but I don't see this card being very useful now as it's been removed from all sales. 

IMO HDFC Millenia is still a very good option, especially as it's LTF for many people, provides 5% CB on most of the big sites, has lots of spend based offers and gives 1000 voucher per quarter on 1 lakh spends. Also special mention to FK Axis card, got it LTF, gave me 10% discount + 5% CB last BBD l, 8% discount + 5% CB this BBD and 10% discount + 5% CB multiple times on myntra which is an absolutely fantastic return. 

Very true. Millennia also covers uber so transportation needs are also covered.
Recently I got tata neu select card so my basic grocery needs are covered without purchasing expensive swiggy subscription for instamart

Devaluation was coming. I thought they will give regular 1% cashback with SBI offers but they removed the idea altogether. So one NEEDS another SBI card. 

rtejafriends wrote:
This is the best card ever. On all online spends you're getting flat 5% with capping of 10k per month. Many of you think what's the use of this cadlrd when individual websites are providing 10% card discounts. You can use this card to get more than 10%. Consider On Ajio you're just getting 10% off upto 1000 on brand cards. But this card will allow you to get more than 10% if transacted throught gift cards. Also all bill payments can be paid through Amazon pay via gift card purchase @ 5% cashback This card also provided 10% disc plus 5% cashback during Amazon sale where most people calculated if they have crossed 10k cashback for the month. And coming to yearly charges of 1180. I don't think anyone who is earning 10k per month out of this card will consider this amount. 🤔

Renewal Fee reversed if annual spends for last year >= Rs. 2,00,000
which can be easily achieved for normal spenders if they pay their bills alone like electricity,LIC..by buying amazon gift cards.

Off topic but i recently learnt the hard way that Diners cards are not eligible for HDFC Bank offers :/

Case in point is the current Myntra offer

SBI cashback card is really great even if its excluded from 10% offers.

I have amazon icici and fk axis both, yet I would like to iterate that SBI CB card is quite useful.
I don't have any needs to rotate money, so I beg to differ whoever thinks this card is for the dimers who like to rotate money.

A bulk of my spends on it are education payments, insurance/ Utility payments via amazon. 

Previously I used to search for offers on my cards on online shopping sites where I am not regular on like Ajio, Lenskart, Myntra etc.. now I don't search offers for the small purchases I ocassionally do.

Till SBI Cashback card is devalued a lot.. keep using it.