Hot Deal change in sbi rewardz structure

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Deal Newbie
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change in sbi rewardz structure
Deal Expired

You earn Reward Points as per the below construct on your SBI Debit Card. Also, there is a large Max Get More partner network where SBI Rewardz members earn EXTRA Reward Points for swiping their SBI Debit Cards

Sr. No.

Trigger

Description

Reward Points

1

Standard Points (per ₹ 200 spend per card on PoS or e-Commerce):

All type/ variants of Debit Cards

2*

2

Activation Bonus

Bonus points on usage of card 3 times within one month of card issuance

200
(50+50+100)

3

Birthday Bonus

Birthday celebration bonus on spends during the birth month

2x **

Note:

This construct would be applicable from 15th July 2019, Capping of Maximum 100 reward points per transaction applicable, subjected to overall capping of 1000 reward points per calendar month per Customer Id

Monthly capping of 200 points applicable

Activation & Birthday bonus will be applicable from July 2019 onward

Bonus Points:

Activation Bonus:

Use your SBI Debit Card to make the first purchase within a month of card issuance to earn 50 bonus Reward points. For the second transaction within the same month of card issuance, you will earn additional 50 Reward Points. For the third transaction within the same month of card issuance, you will earn additional 100 Reward Points. In other words, if you make 3 transactions within a month of getting your debit card, then you earn a total of 200 bonus Reward Points (50 + 50 + 100 Reward Points)

Birthday Bonus Points:

Reward points for any customer in the birthday month will be posted at 2X rate.
For example: if you carry out 3 transactions worth Rs. 2,000/- in your birthday month, then you get 40 Reward Points instead of 20 Reward Points (Standard 20 points + 20 Birthday Bonus)

link : https://rewardz.sbi/overvie...px

29 Comments  |  
16 Dimers
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Tech Guru
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I can’t get the essence of your content ! Seems like tabular column got scattered.
Did they reduced or increased or same ?

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Critic
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Looks like same points.. what’s the difference..??

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Deal Newbie
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https://cdn0.desidime.com/attachments/photos/576671/original/IMG_20190722_124502.jpg?1563779723
yeah, the table got scattered during copy and paste. The essence is that they have introduced a cap on the debit card reward points of max 100/transaction and max 1000/month. Also, they have removed the distinction between different cards. Example: platinum debit card used to give 4 points/ rs.200. now it’s 2 points for all cards.

Monthly bonus is also removed.

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Community Angel
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Yeh to hona hi tha.
Now DCB will also degrade its cashback & Elite account’s reward structure.

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Deal Subedar
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_One_Miller_ wrote:

Yeh to hona hi tha.
Now DCB will also degrade its cashback & Elite account’s reward structure.

DCB users is very low compared to sbi. They won’t have much impact so they won’t reduce cashback.

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Deal Newbie
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_One_Miller_ wrote:

Yeh to hona hi tha.
Now DCB will also degrade its cashback & Elite account’s reward structure.

I am planning to get a DCB elite savings account now to make cred payments. But I heard there were payment issues on cred with DCB debit cards. Any opinions here from DCB users?

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Perfectionist
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dummyuser wrote:

sad news sad

For a new sbi account/debit card
What is best way to get these bonus points.

Just use card anywhere 3 times online/offline
No minimum order?

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Deal Subedar
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avgn wrote:

For a new sbi account/debit card
What is best way to get these bonus points.

Just use card anywhere 3 times online/offline
No minimum order?

Don’t think there is a min. order but you will get 200 bonus points for 3 txn. You can split your cred payments. But note that 200 points equals 40 Rs only.

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Deal Subedar
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shnk2010914 wrote:

I am planning to get a DCB elite savings account now to make cred payments. But I heard there were payment issues on cred with DCB debit cards. Any opinions here from DCB users?

Faced no issues at all. Just have to maintain 25k

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Deal Captain
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@A2Zdeals @esakkiraja@
just to understand this correctly:
1) Per transaction limit : 100 points( Rs10k)
2)Per Month limit: 1000 (Rs 1Lac)
3) If used 3 times then 200 points bonus (NOT 2X)
4) B’day month 2x rewards now instead of 4x
Please correct me if i am wrong..

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Pro Entertainer
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theking wrote:

@A2Zdeals @esakkiraja@
just to understand this correctly:
1) Per transaction limit : 100 points( Rs10k)
2)Per Month limit: 1000 (Rs 1Lac)
3) If used 3 times then 200 points bonus (NOT 2X)
4) B’day month 2x rewards now instead of 4x
Please correct me if i am wrong..

I believe in practical then theory
so better do transaction this month to see how it happens

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Deal Newbie
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theking wrote:

@A2Zdeals @esakkiraja@
just to understand this correctly:
1) Per transaction limit : 100 points( Rs10k)
2)Per Month limit: 1000 (Rs 1Lac)
3) If used 3 times then 200 points bonus (NOT 2X)
4) B’day month 2x rewards now instead of 4x
Please correct me if i am wrong..

The 3 times – 200 points bonus is only for the first time, unlike the previous monthly bonus issued.

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Community Angel
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theking wrote:

@A2Zdeals @esakkiraja@
just to understand this correctly:
1) Per transaction limit : 100 points( Rs10k)
2)Per Month limit: 1000 (Rs 1Lac)
3) If used 3 times then 200 points bonus (NOT 2X)
4) B’day month 2x rewards now instead of 4x
Please correct me if i am wrong..

3rd is only for new card.

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Deal Cadet
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_One_Miller_ wrote:

Yeh to hona hi tha.
Now DCB will also degrade its cashback & Elite account’s reward structure.

DCB also has an AQB requirement of 25K from which they can recover some of the cashback they give out.

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Community Angel
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MTRIP wrote:

DCB also has an AQB requirement of 25K from which they can recover some of the cashback they give out.

One axis account with Average requirement of 2L gives 10% cashback.

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Deal Cadet
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_One_Miller_ wrote:

One axis account with Average requirement of 2L gives 10% cashback.

2L is a bit steep stuck_out_tongue

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Deal Subedar
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theking wrote:

@A2Zdeals @esakkiraja@
just to understand this correctly:
1) Per transaction limit : 100 points( Rs10k)
2)Per Month limit: 1000 (Rs 1Lac)
3) If used 3 times then 200 points bonus (NOT 2X)
4) B’day month 2x rewards now instead of 4x
Please correct me if i am wrong..

So upto 1L, can use SBI debit card in a month to get rewards.
1 doubt:

4) has monthly cap of 200 points. So for birthday month, 10k spends takes us, 200 extra; in addition to 100 points. Nothing extra ?!
@A2Zdeals @shnk2010914 @_One_Miller_

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Deal Subedar
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Also, for internet banking option,
10 reward point per transaction of minimum 100. Maximum monthly 100 points.
So if we pay 100 10 times in cred via internet banking, do we get 100 points ?!

Same applies for anywhere app and yono app, with 100 each.

And, 1000 (spending 1L) Reward Points get you rupees worth just Rs. 250. Disgusting.

Any one know about axis debit card rewards or SBI only good ?!
I don’t have DCB. DBS finished with this month.
@A2Zdeals @shnk2010914 @ _One_Miller @theking

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Deal Subedar
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Axis titanium rewards (1point=0.2paise) give 3 point on 500 spent. So for 5000, 10*3 30 points, 6 rupees.
Other variants 1 point on 200 spent.
But SBI (1 point=0.25paise) give 2 points on 200 spent. So for 5000, 25*2 50 points, 12.5 rupees. Which is 0.25% cashback.

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Deal Captain
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vickyVicky wrote:

So upto 1L, can use SBI debit card in a month to get rewards.
1 doubt:

4) has monthly cap of 200 points. So for birthday month, 10k spends takes us, 200 extra; in addition to 100 points. Nothing extra ?!
@A2Zdeals @shnk2010914 @_One_Miller_

I have verified my points in the past month..
Point 1,2 correct
3 wrong
4 birthday nhi h mera Abhi wrna ye bhi verify KR leta..

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Deal Newbie
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vickyVicky wrote:

So upto 1L, can use SBI debit card in a month to get rewards.
1 doubt:

4) has monthly cap of 200 points. So for birthday month, 10k spends takes us, 200 extra; in addition to 100 points. Nothing extra ?!
@A2Zdeals @shnk2010914 @_One_Miller_

Don’t know about birthday spends. But you are right about the maximum 1L spends on debit card for reward points. I have verified it by doing more than 1L and there are no points given for the extra amount.

Regarding DCB, I read somewhere that they are going to stop giving cashback for online transactions soon. So, didn’t bother about opening an account.

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Deal Cadet
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My transaction history is showing all blank in SBI Rewardz android app. Anyone else seeing this too?

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Deal Cadet
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DealMonarch wrote:

My transaction history is showing all blank in SBI Rewardz android app. Anyone else seeing this too?

Yes same here.

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Deal Newbie
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Seems they stopped giving points on cred transactions

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