SBI cobranded cards are now devalue on Govt spends

85°
Finance Ninja
abhishek012

w.e.f. 15 July'24: SBI cobranded cards are now devalue on Govt spends.

Link: https://www.sbicard.com/sbi-card-en/assets/docs...

sbigovt

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.
10 Comments  |  
8 Dimers
  • Sort By
Helpful Helpful
Link Copied

octane?

Benevolent Benevolent
Link Copied

Lol SBI is now giving competition to AU Bank with every month one devaluation 🤣. Why don't they decide in one go like Axis🤔. Full and Final settlement 😂. 

Btw, SBI cashback escaped again 😄.

Deal Newbie Deal Newbie
Link Copied
SBI Cashback does not give cashback on government spends right? NPS gives 1%
View 3 more replies
The PostMighty The PostMighty
Link Copied

😆 My Rs 300 + GST annual fee SBI IRCTC card had only 2 uses - 10% OFF on e-Com sales and reward points even on Government transactions

SBI got rid of the second benefit now. I thank them because they have made it a single purpose card now. I no longer need to think twice before doing a Government transaction. I'll use my IDFC First Select card straightaway.

I believe all Kotak cards reward on Government transactions too but I haven't validated with my Zen.

Finance Mentor Finance Mentor
Link Copied

Whats the profit on Govt Txns with IDFC first select cc?

Wasn't it devalued too.

Honestly speaking except targetting milestone, its becoming useless to use any cc for Gov spends.

View 1 more reply
Finance Mentor Finance Mentor
Link Copied

Chalo ab koi CC nahin bacha tax payment ke liye... Agar koi hai to batao...

Even a good DC suggestion shall do that's not from some premium bank account...

replyuser
Click here to reply
Reply