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SBI Debit Card Reward Point - Changes w.e.f. 1st May, 2024

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Generous
sahil1033

There have been several changes in SBI debit card reward point, full details can be found here : https://rewardz.sbi/content/overview -> Debit Card

Some of the changes observed are : 

- virtual debit card excluded from accumulating reward points except for e-Commerce transactions
- 1,000 reward points capping per transaction (earlier it was 100 reward points)
- 10,000 reward points capping per calendar month (earlier it was 1,000 reward points)
- 200 birthday bonus reward points capping removed (not sure but it can't be seen anymore)
- all transactions will accumulate reward points except for account to wallet and account to account transactions

Changes are positive except for 2 major blows :

I was about to close physical debit card as I find no use paying AMC for card which I won't even use SBI introduced virtual debit card which also accumulated reward points but now that it's excluded from accumulating reward points, will have to rethink.

Excluding account to wallet and account to account transactions may mean no more accumulating reward points on CC bill payment via MobiKwik. I've done a transaction today and will update if I receive reward points for it or not. If no reward point is credited, then it will be a game over for many.

There are other changes too, please go through the link provided in detail.

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.
Top Comments
Generous Generous
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Anyone having experience with earning extra reward points in birthday month?

I got 32 reward points for transaction done on 13-May-2024 which is in line with 2 RP per Rs. 200 although I should've got 64 reward points since it's my birthday month and reward rate is 2X throughout the birthday month. Confused 😫

Beacon Beacon
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Birthday points will be credited later in the next month. That's how it works.

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Deal Subedar Deal Subedar
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Excluding account to wallet is fine


but what is account to account transactions? i mean CC bill pay is account to account?

Deal Captain Deal Captain
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Ac to ac means, self balance transfer from one sbi ac to another sbi ac if u have any

And about, mobikwik cc or any bill payment, it has been stopped fetching rewards points from this month simply because when u pay via mobikwik, money gets added to mobikwik wallet first then any payment occurs and wallet load is not fetching any rewards from this month

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Deal Subedar Deal Subedar
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Some of the mobikwik cc payments done earlier in the month, didn't get get points.

Makes sense now. Let's see.
Deal Cadet Deal Cadet
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Same, Transaction done on mobikwik for cc bill on 7th may not received yet
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Deal Cadet Deal Cadet
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when will rp expire ?

Freebie Finder Freebie Finder
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The Reward Points remain valid for 36 months since the month of transaction. Additional points earned at Partner Stores are valid for a period of 12 months or 1 year excluding the month of accrual.
Generous Generous
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Mere to diye nahi is month wallet add ke.. 0.25 rwd rate hi hai na?

Deal Cadet Deal Cadet
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Yeah, i noticed it too. Iss month mila he nhi reward points. I think they fixed this loopholes. Warna previous month kotak 811 mey add karney par mila tha. 4 May ko add kiya tha Amazon and kotak mey Lakin aaj 13 ho gya but koi reward points nhi mila😭😭

Finance Ninja Finance Ninja
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SBI Rewards website mentioned -

Description                                                                                  

Reward Points

Standard Points for Physical Debit Cards per 200 spent per card on PoS or e-Commerce: All type/ variants of Debit Cards Except- i. IOCL Co-branded Debit cards used in IOCL outlets, ii. Virtual Debit Card

2

Standard Points for Virtual Debit Cards per 200 spent per card on or e-Commerce

4

IOCL Points (per 200 spent per IOCL co-branded card at IOCL outlets)

6

Community Angel Community Angel
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Inphact virtual DC vill giv more reward pins

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Benevolent Benevolent
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Intersting, changes without notice😅. But mostly positive changes 😁.

Generous Generous
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Use kidhar kare.. pahle to wallet me daal kar kar lete the..

Generous Generous
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Mcc ka batay nahi kya exclude hai.. kaha best use hai filhal..

Analyst Analyst
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Incorrect Observations 

virtual debit card excluded from accumulating reward points

Rcvd against Virtual DC in month of May.. (Txn done on PayTM CC BP)

20240513085939

...

.

Generous Generous
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it's solely based on what's written on the website, if virtual debit card is still fetching reward points, it's a matter of rejoice 😇

image

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Savings Mentor Savings Mentor
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Where on Rewardz website mentioned that virtual DC excluded? I don't see any such clause.

Generous Generous
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here :

image

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Deal Cadet Deal Cadet
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Where can we use the debit card and take out money … other than Kotak bank trick ??

Deal Cadet Deal Cadet
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What's kotak bank trick?

Generous Generous
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Wallet load par mula kisi ko? Cc payment par? Update where you got and where not

Generous Generous
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I've paid for CC bill payment via MobiKwik today, will update later on if I get reward points or not.
Community Angel Community Angel
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Only one word Laurene bhujiyam 

Flame Flame
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image

Kindly confirm if I am understanding it correctly.

They are giving more on virtual DC

Generous Generous
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they've made it quite confusing but seeing this, they're saying it's 2X on virtual debit card but it's unclear what do they mean by saying e-Commerce transaction ... does it mean all online transactions or just online shopping transactions on sites like Amazon, Flipkart etc ??
Post Emperor Post Emperor
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Any other charge like MAB or sms charge change in sbi saving acccount.

Generous Generous
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didn't check, if there's any such change, generally SBI will notify via SMS and/or email
Wildfire Wildfire
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Any idea on CRED? Will there be reward points?

Deal Captain Deal Captain
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How to get reward points on credit card bill payment via SBI debit card now?

Generous Generous
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@Black_Panther1 @quantum got reward points for paying CC bill via Paytm

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Analyst Analyst
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Card Varient: SBI Global Virtual VISA DC 

...

1000058052

...:::::...

First Txn (May 03) was done on PayTM

there was some offer getting 100+ Cashback for Credit Card Bill Payment

Got 200 RPs i.e. 2 rps/₹200 [₹20,000]

Second Txn (May 05) was done on PayZapp

11 cashpoints, Credit Card Bill Payment 

Got 60 RPs i.e 2 rps/200 [₹6000]

...

Done CC BP on Park+ on this weekend at Park+.. will update if rcvd RPs

Deal Cadet Deal Cadet
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CC BP is credit card bill payment? If so, were you able to use debit card in Park+?
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Generous Generous
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UPDATE (15-May-2024) :

Got 32 RP for CC bill payment worth Rs. 3,227 on MobiKwik via physical DC Transaction date : 13-May-2024
Merchant name : One MobiKwik Systems LGurugram 

Paid the same amount again today but with virtual DC this time
Transaction date : 15-May-2024
Merchant name : OneMobiKwikSystemPLtd Gurgaon

I'll update next time when I get RP for transaction done on 15-May

Generous Generous
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Mobi ka merchant name different aata hai har baar.. kispar mila.. try paytm cc payment and update

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Generous Generous
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Anyone having experience with earning extra reward points in birthday month?

I got 32 reward points for transaction done on 13-May-2024 which is in line with 2 RP per Rs. 200 although I should've got 64 reward points since it's my birthday month and reward rate is 2X throughout the birthday month. Confused 😫

Beacon Beacon
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Birthday points will be credited later in the next month. That's how it works.

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Generous Generous
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UPDATE (18-May-2024) :

Paid another CC bill today of Rs. 748.40 via physical DC, expecting 6 RP to be credited within next 2-3 days

Merchant name :

At OTP page : One MobiKwik Systems Ltd
Post transaction settlement : One MobiKwik Systems LGurugram

I'm guessing this transaction will give desired reward points since the merchant name is same as of transaction done on 13-May-2024 for which I've already received RPs.

For CC bill paid via virtual DC on 15-May-2024, I'm still waiting for RP to be credited.

Generous Generous
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Bajaj fin wallet load gives points.. used virtual dc gave 2 point for 200..i thought its 4 for 200

Generous Generous
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SBI is messed up, looks like they've changed the terms and conditions but haven't implemented them ... very very confusing
Generous Generous
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UPDATE (20-May-2024) :

6 reward points credited for transaction done via physical DC on 18-May-2024 and still can't see RP being credited for transaction done via virtual DC on 15-May-2024.

I really can't conclude if it's because of different MCC or different card type because physical DC has given RP both times but virtual DC hasn't given even once. I'll keep updating this thread in case of any new finding as I'll be paying bills a few more times this month.

Analyst Analyst
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Received 20 (1%) rps for ₹2000 withdrawal via Yono Cash

So, this also remains untouched as rcvd earlier

1716308271733

Cc: @sahil1033

Generous Generous
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looks like they've simply changed the details on website but not yet implemented

but I'm confused that many didn't receive the reward points for CC bill payment via MobiKwik, even I've received reward points for 2/3 transaction carried out on MobiKwik for CC bill payment and for the transaction I didn't get any RP was done via virtual DC
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Generous Generous
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UPDATE (23-May-2024) :

Did 8 transactions worth Rs. 3,227 against CC bill payment on MobiKwik via physical DC ... for 7 transactions, received the following merchant name and even got 32 RP as expected :

At OTP page : One MobiKwik Systems Ltd
Post transaction settlement : One MobiKwik Systems LGurugram


For 1 transaction which didn't earn any reward point had the following merchant name post transaction settlement :
OneMobiKwikSystemsPvt 122002


By now, I've observed that even on MobiKwik, irrespective of type of card (physical/virtual), MCC varies from transaction to transaction and the merchant name at OTP page which is fetching reward point is : One MobiKwik Systems Ltd

CC @quantum @Sidhi.Baat.No.Bakwas

Deal Hunter Deal Hunter
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What was the merchant name on otp page for that particular txn where u didn't occur any rp?

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Generous Generous
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One card  payment from sbi dc at one card app gave points. 

Seems like everything except wallet load

Generous Generous
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yes, wallet load MCCs are excluded from earning reward points
Generous Generous
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1. Bharti airtel ltd gudgaon gave points was cc payment

2.Airtel money gave point  was wallet load

3. Airtel payment bank no point given was cc payment

4. Payzap cc payment gave point

5. Shreeram finance licchennai gave point was cc payment

6. One card cc payment with onecard app gave point

7.Onemobikwiksystempltd gurgaon no point given was cc payment

8. Bajaj wallet load given points

9.Paytm tracking.. update if anyone tried

Commentator Commentator
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CC bill payment thru PAYTM using sbi dc/sbi virtual dc gave reward points. I did 5 bill payments, got reward points everytime.
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Deal Cadet Deal Cadet
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Did someone verified and getting more than 1000 points

Generous Generous
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I didn't transact enough to breach that mark, someone else can confirm this though

@Sidhi.Baat.No.Bakwas @quantum
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Post Emperor Post Emperor
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Which vairent of sbi virtual debit card is good? Pls suggest. I already have rupay global phyical DC which I dont use at all.

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