Ola SBI 7% cashback

Yes, faced same issue

Never enter otp for zipcash 

7% cashback only eligible for OLA CAB or ANI merchant transaction

Got 7% today for 2nd July transaction

Smiling wrote:

Never enter otp for zipcash 

7% cashback only eligible for OLA CAB or ANI merchant transaction

Got 7% today for 2nd July transaction

But recently ola cab/Ani is not showing up

coolboyzhavingfun780 wrote:
But recently ola cab/Ani is not showing up

Keep trying and trying

first someone plz tell if i am a min kyc user with 10k limit will i get cb in that account or not

Smiling wrote:

Never enter otp for zipcash 

7% cashback only eligible for OLA CAB or ANI merchant transaction

Got 7% today for 2nd July transaction

How to get 7% cashback on ola postpaid then? Because if you add money to wallet it shows as zipcash

adnan_d92 wrote:
How to get 7% cashback on ola postpaid then? Because if you add money to wallet it shows as zipcash

Smiling wrote:

Try 2-3 times you will get OLA CAB or ANI merchant

Got it.. Thanks for the info!

Smiling wrote:

Never enter otp for zipcash 

7% cashback only eligible for OLA CAB or ANI merchant transaction

Got 7% today for 2nd July transaction

So if I try again and pay only when merchant is ANI, will I get 7% cashback, in this month??

Place any order on mi store using olamoney and cancel the order. You will get olacabs as merchant name. Refund will go to ola money wallet and not to sbi cc

ansh7 wrote:

Place any order on mi store using olamoney and cancel the order. You will get olacabs as merchant name. Refund will go to ola money wallet and not to sbi cc

What is the point of this? You won't be even getting 1% cashback this way (Failed/cancelled transactions)

gautam2usa226 wrote:

So if I try again and pay only when merchant is ANI, will I get 7% cashback, in this month??

Why not? 7% cb works with ANI tech, Olacabs.com & OlaMoney( wibmo*) merchants

getready wrote:
What is the point of this? You won't be even getting 1% cashback this way (Failed/cancelled transactions)

Read again the comment. I said ' refund will go to olamoney wallet'. You sbi cc will not recieve refund. I statment, txn will be written as 'olacabs', then why not any cb?

ansh7 wrote:

Read again the comment. I said ' refund will go to olamoney wallet'. You sbi cc will not recieve refund. I statment, txn will be written as 'olacabs', then why not any cb?

So what?
Isn't this the same with any wallet? (Refund in wallet account instead of credit card for cancelled/refunded transactions) and no cashback for such transactions? (Even if credited, gets adjusted in following/next month cashback transactions) 

getready wrote:
So what?
Isn't this the same with any wallet? (Refund in wallet account instead of credit card for cancelled/refunded transactions) and no cashback for such transactions? (Even if credited, gets adjusted in following/next month cashback transactions) 

You are not getting my point. Just answer this question... In sbi cc statement a txn of Rs 7000 will be entered with merchant name "www olacabs". Why they will not give any cb for this? Refund will not come to card because it will go to olamoney wallet. As far as i know, any bank deducts given cb only when txn or part of that txn gets reversed.

ansh7 wrote:

You are not getting my point. Just answer this question... In sbi cc statement a txn of Rs 7000 will be entered with merchant name "www olacabs". Why they will not give any cb for this? Refund will not come to card because it will go to olamoney wallet. As far as i know, any bank deducts given cb only when txn or part of that txn gets reversed.

Okay.. now i get it what you're trying to say. You're referring to "Money load + deduct concept" for E-commerce transactions (Wallet + CCs)

In sbi cc statement a txn of Rs 7000 will be entered with merchant name "www olacabs". Why they will not give any cb for this?
As far as i know, any bank deducts given cb only when txn or part of that txn gets reversed.

First thing, it is OLA that credits the cashback not SBI. Even in the case of discrepancies, it is the wallet support that fixed the wrong cashback credits. So if OLA is aware that these are e-commerce transactions then max u will only get 1% instead of 7% ( For these third party transactions, the same merchants get treated differently. Got additional parameters to the names like "Razr", "Zipca", E-commerce")

Anyways.. if you're not getting Olacabs/ANI/OlaMoney merchant names for wallet load, you won't get them for e-commerce transactions either. 

getready wrote:

Okay.. now i get it what you're trying to say. You're referring to "Money load + deduct concept" for E-commerce transactions (Wallet + CCs)

In sbi cc statement a txn of Rs 7000 will be entered with merchant name "www olacabs". Why they will not give any cb for this?
As far as i know, any bank deducts given cb only when txn or part of that txn gets reversed.

First thing, it is OLA that credits the cashback not SBI. Even in the case of discrepancies, it is the wallet support that fixed the wrong cashback credits. So if OLA is aware that these are e-commerce transactions then max u will only get 1% instead of 7% ( For these third party transactions, the same merchants get treated differently. Got additional parameters to the names like "Razr", "Zipca", E-commerce")

Anyways.. if you're not getting Olacabs/ANI/OlaMoney merchant names for wallet load, you won't get them for e-commerce transactions either. 

I told  tested method. Got 7% cashback for 'www olacabs com' using this mi store order cancellation method. Since, i dont have postpaid plus, i m using olamoney balance on ring app repayments

ansh7 wrote:

I told  tested method. Got 7% cashback for 'www olacabs com' using this mi store order cancellation method. Since, i dont have postpaid plus, i m using olamoney balance on ring app repayments

You got 7% because when you try wallets for e-commerce payments (w/ IB/DC/CC) money gets loaded to wallet first and then deducts again (Refund and SBI part confused me). If not 7% u will get 1% for sure.

This is no different than a direct wallet load and it is possible ola also uses the same "Olacabs.com/ANI" merchant for these third party transactions (Some times you get e-commerce specific merchants for wallet loads too like "E-commerce RP Bengaluru) but for the past 2-3 weeks ola intentionally blocking ANI tech, Olacabs merchants, its ola money / ola money zipca all the time and will be the same via other sources too (There are few lucky people but I'm not one of them - OlaMoney merchant still gives 7%) 

I am told that no longer does the OlaCabs/AniTech appear. Anyone got this merchant this month ?

What the f*ck! I have this card for a year and had no clue about this.

Eligible for cashback. - olacabs.com , olamoney , ANI technologies 

Others Definately Avoid. Even id other words are added to it like zipcash. If any other names comes, simply cancel the trasection. 

Till now got 500 each months.

manjuonthego404 wrote:

I am told that no longer does the OlaCabs/AniTech appear. Anyone got this merchant this month ?

Yeah, same here. 
I am getting either “ola money” or “Ola money zipcash”.

“ola money zipcash” didn’t give 7% cashback. 

I have made another transaction with “Ola money” as merchant name. Let’s see if I get 7% cashback, in next couple of days.

gautam2usa226 wrote:

Yeah, same here. 
I am getting either “ola money” or “Ola money zipcash”.

“ola money zipcash” didn’t give 7% cashback. 

I have made another transaction with “Ola money” as merchant name. Let’s see if I get 7% cashback, in next couple of days.

What is the merchant name in transaction sms ?

thisdeal_rocks13 wrote:

What is the merchant name in transaction sms ?

1st transaction: (got 1% cashback)
Rs.7,145.00 spent on your SBI Card ending with 2103 at Ola Money Zipcash J on 02/07/22. If this trxn. wasn't done by you, click https://sbicard.com/Disput...se

2nd transaction: (waiting for cashback)
Rs.7,145.00 spent on your SBI Card ending with 2103 at RAZ*Ola Money Ba on 04/07/22. If this trxn. wasn't done by you, click https://sbicard.com/Disput...se

gautam2usa226 wrote:
1st transaction: (got 1% cashback)
Rs.7,145.00 spent on your SBI Card ending with 2103 at Ola Money Zipcash J on 02/07/22. If this trxn. wasn't done by you, click https://sbicard.com/Disput...se

2nd transaction: (waiting for cashback)
Rs.7,145.00 spent on your SBI Card ending with 2103 at RAZ*Ola Money Ba on 04/07/22. If this trxn. wasn't done by you, click https://sbicard.com/Disput...se

Should've tried to load 500/1000 with the second transaction. "Raz*Ola Money" also gives 1% instead of 7

gautam2usa226 wrote:
1st transaction: (got 1% cashback)
Rs.7,145.00 spent on your SBI Card ending with 2103 at Ola Money Zipcash J on 02/07/22. If this trxn. wasn't done by you, click https://sbicard.com/Disput...se

2nd transaction: (waiting for cashback)
Rs.7,145.00 spent on your SBI Card ending with 2103 at RAZ*Ola Money Ba on 04/07/22. If this trxn. wasn't done by you, click https://sbicard.com/Disput...se

You are going to get 1%

Only proceed with transaction of the sms is like below

Xxxxxx is OTP for Trxn. of Rs. xxx. at ANI TECHNOLOGIE with SBI Credit Card ending xx. OTP is valid for 10 mins. Do not share it with anyone.

Looks like the 7% route is closed for the moment. Only Razorpay linked Ola money or Zipcash come up as merchants now.

gautam2usa226 wrote:
1st transaction: (got 1% cashback)
Rs.7,145.00 spent on your SBI Card ending with 2103 at Ola Money Zipcash J on 02/07/22. If this trxn. wasn't done by you, click https://sbicard.com/Disput...se

2nd transaction: (waiting for cashback)
Rs.7,145.00 spent on your SBI Card ending with 2103 at RAZ*Ola Money Ba on 04/07/22. If this trxn. wasn't done by you, click https://sbicard.com/Disput...se

You will get 1% for the second transaction as well

getready wrote:
Should've tried to load 500/1000 with the second transaction. "Raz*Ola Money" also gives 1% instead of 7

I tried 6-7 times .... it was always one of those two merchants only.
So I gave a try to both.
Anyway even 1% cashback is a profit !

Probably now will need to try the e-commerce route (mi.com), to get ANI/OLACAB merchant.