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SBI SimplyClick Credit Card Reward Points Devalue

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Finance Ninja
abhishek012

SBI SimplyClick Credit Card Reward Points Now Silently Devalue:

Previously, It was 2000 points for 500 Amazon gift voucher.

Now today It's showing 2500 points for 500.

Now the cashback rate came down to 1% from 1.25% earlier.

1000003936

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Finance Ninja Finance Ninja
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mobileyog wrote:
Not applicable on offers and can't justify ₹ 999 annual charges.
SBI Cashback Credit Card holders - Load money to Omnicard full kyc wallet 2% something charges and you will get 5% cashback.

Merchant name - Payu money

use Omnicard wallet UPI and transfer to bank/cc bill pay.
Benevolent Benevolent
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good that i closed the card last month only.
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Benevolent Benevolent
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WTF WTF! Thanks for the warning. I will definitely close it before 3rd year begins (so they reverse charges like they did for 2nd year or make it LTF)

Are there rules by RBI to prevent sudden de-valuation without any advance announcement? 1.25% came down to 1% (5X) and 2.5% (10X) merchants reward rate came down to 2%.

Also 'redeem' is spelled 'reedem'. English bhi nahin aati SBI gawaron ko.

Generous Generous
Admin
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this is very bad news 😔 last time i had redeemed it.

Helpful Helpful
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Without warning ⚠️ wtf

Benevolent Benevolent
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good that i closed the card last month only.
Analyst Analyst
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any other card to get from sbi after closing this? I have this and simply save (planning to close that as well) and get the sbi star bazaar card which gives 5 percent at star since I shop there a lot.

Deal Lieutenant Deal Lieutenant
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Sbi cashback card not eligible for sale days 10% discount. So i kept this card for sale days

Deal Captain Deal Captain
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akki.akki wrote:
good that i closed the card last month only.

I closed 9 months back because they refused to make it LTF

Deal Cadet Deal Cadet
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very bad to hear as I am about to redeem. i am not closing because of one dimer who shared trick and helped in converting my card as LTF. 

Trick is to raise a service request for closure of their card and when they call you then demand/request to make your card LTF, for some they did earlier, I don't know what is happening now!

Deal Cadet Deal Cadet
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Any alternate SBI credit card for getting decent reward points?

Deal Lieutenant Deal Lieutenant
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where can these reward points be redeemed apart from the sbi card app?

Deal Captain Deal Captain
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job4ram wrote:

very bad to hear as I am about to redeem. i am not closing because of one dimer who shared trick and helped in converting my card as LTF. 

What trick, I closed because they refused to make it LTF even after I threatened closure.

Helpful Helpful
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Good that I Closed this and also sbi cashback card also

Deal Cadet Deal Cadet
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Neversaynever wrote:

What trick, I closed because they refused to make it LTF even after I threatened closure.

that is the trick bro, for few they made LTF.
Deal Major Deal Major
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Ok, not a pleasing news cry

Comrade Comrade
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Any tricks to make it LTF

Comrade Comrade
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Please share

Deal Newbie Deal Newbie
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job4ram wrote:

very bad to hear as I am about to redeem. i am not closing because of one dimer who shared trick and helped in converting my card as LTF. 

How

Deal Newbie Deal Newbie
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Does it applies to SBI Aurum to?

Benevolent Benevolent
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how much for points to cash?

Deal Cadet Deal Cadet
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Any way to spend yearly 1 lakhs? I normally use other cards for shopping online

Deal Cadet Deal Cadet
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Already closed 2 months back

Deal Cadet Deal Cadet
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navkr wrote:

Any tricks to make it LTF

Call cc give DHAMKI to close my cc. Personally verified 2 years back

Deal Newbie Deal Newbie
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How much time does it take for sbi to send the gv to your email once you redeem the points. By mistake I deleted the sbi text msg about gv

Analyst Analyst
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BlackPanther wrote:

How much time does it take for sbi to send the gv to your email once you redeem the points. By mistake I deleted the sbi text msg about gv

Next day aata

replyuser
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