No broker SBI CASHBACK CC

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Last Comment 2023-04-27

2023-03-21

I have subscribed on no broker for rental homes, so i have paid 942rs to no broker with my SBI Cashback cc, now cc charged 199rs+ GST , why it is charged???

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https://www.desidime.com/discussions/no-broker-sbi-cashback-cc?page=1#post_9162797

Kochiro

2023-03-21

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It consider subscription as rent payment.

https://www.desidime.com/discussions/no-broker-sbi-cashback-cc?page=1#post_9162824

atx88

2023-03-21

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One of the 2 things are possible:

1. Nobroker's mistake - it incorrectly sent Merchant Category Code (MCC) to the gateway, and based on MCC, card issuing bank apply txn charges.

2. Or maybe Nobroker sent correct MCC of service and not rent, but SBI is extra intelligent and is also looking into merchant name for names like nobroker, magicbricks, redgirraffe, and if the condition is true, they slap these charges without any consideration.

Send a complaint to both Nobroker and SBI, lets see what they have to say. If you send plan purchase details screenshot etc to SBI, maybe they'll reverse the charges, because who pays a rent of 942rs in a month? Even people like SBI Card employees can understand this.