https://www.desidime.com/discussions/sbi-cashback-card-benefits-revised-w-e-f-1st-may-2023?page=1#post_9182322
Knight11
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SBI cashback card benefits revised w.e.f 1st may 2023
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SBI cashback card benefits revised w.e.f 1st may 2023
Dear Cardholder, benefits on your CASHBACK SBI Card will be revised w.e.f. 01 May'23. For details, click https://sbicard.com/Cashba...rd - SBI Card
REVISION OF BENEFITS ON CASHBACK SBI CARD
With effect from 01 May 2023, following changes will be applicable on your
CASHBACK SBI Card:
A. Below categories will not be eligible for Cashback benefit, apart from existing exclusions:
The Merchant Category Codes are defined by the Networks and are subjected to change basis
their discretion and such changes shall be implemented basis communication from the
Networks without any requirement forintimation/information to the customers.
B. Maximum Cashback that can be earned on online & offline spends in a statement cycle will
be capped at `5000.
C. Complimentary Domestic Airport Lounge benefit will be discontinued.
For more details and other Terms and Conditions, please visit sbicard.com
Category Merchant Category Code (MCC)
Jewelry
School & Educational Services
Utilities
Insurance Services
Card, Gift, Novelty & Souvenir Shops
Member Financial Institution/Quasi Cash
5051, 5094, 5944, 7631
5111, 5192, 5942, 5943, 8211, 8220, 8241, 8244,
8249, 8299, 8351
4814, 4900, 9399, 4816, 4899
5960, 6300, 6381
5947
6011, 6012, 6051
Railways 4011, 4112
Expired
- Groups
-
Finance
-
Credit Card
Disclaimer
We are not SEBI/IRDA registered. The information provided herein is for education purposes only. We will not be responsible for any of your profit/loss with this channel's suggestions. Consult your financial advisor before making any decisions.
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https://www.desidime.com/discussions/sbi-cashback-card-benefits-revised-w-e-f-1st-may-2023?page=1#post_9182328
Recieved SMS from SBI, as per that :
- Gift Cards are not eligible from may 1st 2023 for any Cashback benefit.
- Cashback is Capped at 5000 per Month ( max spend for 5% is 2Lakh per month)
- no Cashback on Railways ( irctc website) and no cashback on Utilities payment for Specific MCC code.
- No Cashback on Purchase of gold ( previously 1%)
Dear Cardholder, benefits on your CASHBACK SBI Card will be revised w.e.f. 01 May'23. For details, click https://sbicard.com/Cashba...rd - SBI Card
https://www.desidime.com/discussions/sbi-cashback-card-benefits-revised-w-e-f-1st-may-2023?page=1#post_9182333
Just got the message.. looks They reduced cb to 5k now.
https://www.desidime.com/discussions/sbi-cashback-card-benefits-revised-w-e-f-1st-may-2023?page=1#post_9182334
With effect from 01 May 2023, following changes will be applicable on your
CASHBACK SBI Card:
A. Below categories will not be eligible for Cashback benefit, apart from existing exclusions:
Jewelry
School & Educational Services
Utilities
Insurance Services
Card, Gift, Novelty & Souvenir Shops
Member Financial Institution/Quasi Cash
Railways
B. Maximum Cashback that can be earned on online & offline spends in a statement cycle will
be capped at `5000.
C. Complimentary Domestic Airport Lounge benefit will be discontinued.
A. Below categories will not be eligible for Cashback benefit, apart from existing exclusions:
Jewelry
School & Educational Services
Utilities
Insurance Services
Card, Gift, Novelty & Souvenir Shops
Member Financial Institution/Quasi Cash
Railways
B. Maximum Cashback that can be earned on online & offline spends in a statement cycle will
be capped at `5000.
C. Complimentary Domestic Airport Lounge benefit will be discontinued.
https://www.desidime.com/discussions/sbi-cashback-card-benefits-revised-w-e-f-1st-may-2023?page=1#post_9182335
Here it is, from 1st may, sbi card devaluation applicable.
Max cashback per month reduced to 5,000 per month.
No points for Jewellery, Education, Utilities, Insurance, Gifts, Cards, Railways.
Earlier we still got 1% instead of 5% for same.
Max cashback per month reduced to 5,000 per month.
No points for Jewellery, Education, Utilities, Insurance, Gifts, Cards, Railways.
Earlier we still got 1% instead of 5% for same.
https://www.desidime.com/discussions/sbi-cashback-card-benefits-revised-w-e-f-1st-may-2023?page=1#post_9182339
So giftcards come under 5947 ?
https://www.desidime.com/discussions/sbi-cashback-card-benefits-revised-w-e-f-1st-may-2023?page=1#post_9182343
Now we need another cashback category thread 😅. Utilities is okay, it was anyway 1%. Railway and Education fee is also understandable.
But Who knows what all this Card, Gift, Novelty & Souvenir Shops mcc of 5947 means😅.
https://www.desidime.com/discussions/sbi-cashback-card-benefits-revised-w-e-f-1st-may-2023?page=1#post_9182346
https://www.desidime.com/discussions/sbi-cashback-card-benefits-revised-w-e-f-1st-may-2023?page=1#post_9182348
https://www.desidime.com/discussions/sbi-cashback-card-benefits-revised-w-e-f-1st-may-2023?page=1#post_9182350
https://www.desidime.com/discussions/sbi-cashback-card-benefits-revised-w-e-f-1st-may-2023?page=1#post_9182353
1st Phase: Cashback capped at 5000 rs. Domestic lounge deactivated. Gyftr gift cards, prepaid cards are discontinued. Jewelleries, utility, insurance, railways 0% cashback.
Cards misuser can be reported to SBI online portal. They will be banned with immediate effect.
https://www.desidime.com/discussions/sbi-cashback-card-benefits-revised-w-e-f-1st-may-2023?page=1#post_9183049
https://www.desidime.com/discussions/sbi-cashback-card-benefits-revised-w-e-f-1st-may-2023?page=1#post_9182357
Now Cashback is also capped at 5000
https://www.desidime.com/discussions/sbi-cashback-card-benefits-revised-w-e-f-1st-may-2023?page=1#post_9182373
Thanks , Updated the Post.
https://www.desidime.com/discussions/sbi-cashback-card-benefits-revised-w-e-f-1st-may-2023?page=1#post_9182359
SBI cashback card revised benefits from May 1st 2023
No cashback for Jewellery, School and Educational Services, Utilities, Insurance Services, Gift Card, Novelty Shops, Financial Institutions and Railways
Cashback per month limited to Rs.10000 to Rs. 5000 per month
No more joy
What everyone feel?
My huge miss was jewellery purchase and education payments.
No cashback for Jewellery, School and Educational Services, Utilities, Insurance Services, Gift Card, Novelty Shops, Financial Institutions and Railways
Cashback per month limited to Rs.10000 to Rs. 5000 per month
No more joy
What everyone feel?My huge miss was jewellery purchase and education payments.
https://www.desidime.com/discussions/sbi-cashback-card-benefits-revised-w-e-f-1st-may-2023?page=1#post_9215163
jewellery payment online?
View 3
more replies
https://www.desidime.com/discussions/sbi-cashback-card-benefits-revised-w-e-f-1st-may-2023?page=1#post_9182360
I was going to post it
https://www.desidime.com/discussions/sbi-cashback-card-benefits-revised-w-e-f-1st-may-2023?page=1#post_9182488
Topic number 1557255 https://desidime.com/discussions/sbi-cashback-devaluation-from-1st-may by @Knight11
Topic number 1557256 https://desidime.com/discussions/sbi-cashback-card-devaluation-has-begun-1-april-2023 by @ashb009
Topic number 1557259 https://desidime.com/discussions/sbi-cashback-card-capped-at-5000-per-billing-cycle-now-effective-1st-may by @cherukuri415581
Topic number 1557263 https://desidime.com/discussions/sbi-cashback-card-devaluation by @legend101
Topic number 1557264 https://desidime.com/discussions/revision-of-benefits-on-cashback-sbi-card-20b1dc59-6709-423a-b41c-0ad210cbb18f by @pjain2712
Topic number 1557266 https://desidime.com/discussions/devalue-of-sbi-cashback-card by @harshmehtaa
Topic number 1557269 https://desidime.com/discussions/revision-of-benefits-on-cashback-sbi-card-a1d54789-1ddd-4033-960d-883bd621fbd3 by @bankipad
Dafaq mates! All of you in the same messenger app group?
Similar topic within 3½-4 minutes of each other!!
(With @Knight11 posting it just a bit earlier than @ashb009 👍🏼)
Topic number 1557256 https://desidime.com/discussions/sbi-cashback-card-devaluation-has-begun-1-april-2023 by @ashb009
Topic number 1557259 https://desidime.com/discussions/sbi-cashback-card-capped-at-5000-per-billing-cycle-now-effective-1st-may by @cherukuri415581
Topic number 1557263 https://desidime.com/discussions/sbi-cashback-card-devaluation by @legend101
Topic number 1557264 https://desidime.com/discussions/revision-of-benefits-on-cashback-sbi-card-20b1dc59-6709-423a-b41c-0ad210cbb18f by @pjain2712
Topic number 1557266 https://desidime.com/discussions/devalue-of-sbi-cashback-card by @harshmehtaa
Topic number 1557269 https://desidime.com/discussions/revision-of-benefits-on-cashback-sbi-card-a1d54789-1ddd-4033-960d-883bd621fbd3 by @bankipad
Dafaq mates! All of you in the same messenger app group?
Similar topic within 3½-4 minutes of each other!!
(With @Knight11 posting it just a bit earlier than @ashb009 👍🏼)
https://www.desidime.com/discussions/sbi-cashback-card-benefits-revised-w-e-f-1st-may-2023?page=1#post_9182367
Just hoping that Amazon GC will earn 5%
https://www.desidime.com/discussions/sbi-cashback-card-benefits-revised-w-e-f-1st-may-2023?page=1#post_9182369
No where it's written gyft gift cards. Also its from 1st May 23.
https://www.desidime.com/discussions/sbi-cashback-card-benefits-revised-w-e-f-1st-may-2023?page=1#post_9182377
https://www.desidime.com/discussions/sbi-cashback-card-benefits-revised-w-e-f-1st-may-2023?page=1#post_9182384
Starting from 1 May 2023
https://www.desidime.com/discussions/sbi-cashback-card-benefits-revised-w-e-f-1st-may-2023?page=1#post_9182385
Major devaluation..cashback capped at 5000. No cashback on Eduction fees and giftcard
https://www.desidime.com/discussions/sbi-cashback-card-benefits-revised-w-e-f-1st-may-2023?page=1#post_9182390
Repost : https://ddime.i...6l
https://www.desidime.com/discussions/sbi-cashback-card-benefits-revised-w-e-f-1st-may-2023?page=1#post_9182395
Dear Cardholder, benefits on your CASHBACK SBI Card will be revised w.e.f. 01 May'23. For details, click https://sbicard.com/Cashba...rd
- SBI Card
SBI Cashback credit card major devaluation! 🚨
Full details- SBI Card has recently announced significant alterations to its cashback credit card benefits effective from 1st may, 2023
The changes are as follows:
1. There will be no cashback available for the subsequent categories: Jewelry, School and Educational Fees, Utilities, Insurance, Railway, Card, Gift, Novelty & Souvenir Shops and Member Financial Institution/Quasi Cash.
2. The maximum cashback for both online and offline expenditures will be limited to Rs. 5000 per statement cycle.
3. There will be no free access to domestic airport lounges.
https://www.desidime.com/discussions/sbi-cashback-card-benefits-revised-w-e-f-1st-may-2023?page=1#post_9182401
How we can get maximum benefits of Cashback on various types of transactions?
https://www.desidime.com/discussions/sbi-cashback-card-benefits-revised-w-e-f-1st-may-2023?page=1#post_9182408
No cashback means not even 1% ? Or just the higher 5%
https://www.desidime.com/discussions/sbi-cashback-card-benefits-revised-w-e-f-1st-may-2023?page=1#post_9182418
High Devaluation Per Month CB limit Capped to 5K....No Lounge access
https://www.desidime.com/discussions/sbi-cashback-card-benefits-revised-w-e-f-1st-may-2023?page=1#post_9182442
http://www.sbica...om SBI CASHBACK Card devalued, Max CB capped at 5000, no cb for jewellery, gift card, insurance, govt.trns, financial trns.
https://imgur.com/a/1tnz5Lk
https://imgur.com/a/1tnz5Lk
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