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Suggestions for utilizing SBI Cashback Card

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Deal Cadet
sid_pirate

Hello Guys,

I have applied for SBI Cashback Card and the application is approved. 

Please let me know the suggestions to utilize the card in best possible way and receive cashback on monthly spends including Rent, utilities, online shopping etc.

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
Deal Lieutenant Deal Lieutenant
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@kartikxxx will help you

Pro DealBaba Pro DealBaba
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If u don't know why u got the card, if u don't know how to and where to spend,then best way is to just close the card and save yourself from unnecessary hassle.

Deal's Advocate Deal's Advocate
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Purchase Amazon Gift Card using SBI Cashback card. This will give you 5% cashback

5% cashback on Amazon pay transactions

Consider buying Zomato/Swiggy gift card at 4-5% discount using SBI cashback card to get ~10% discount

Remember -

Using a Credit card, the combined amount of [Gift cards + Amazon Vouchers] that can be purchased is as below:

  • 30-days: INR 30,000
  • 60-days: INR 40,000
  • 90-days: INR 50,000
  • 365-days: INR 3,60000
    Due to double dipping on eCommerce websites (10% discount + 5% cashback), they started debiting and reversing the 10% discount cashback before changing the rule. so all of a sudden, people started having debit entries on their credit card statements in the following months
SBI Cashback Card doesn't work for SBI card Discounts
image

Note: Cashback not applicable on Rent Payments, Fuel Spends, Wallet loads, Insurance, Jewellery, Utilities, gift shops and lot more as mentioned

image

Also No more Complimentary Airport Lounges

image

Top to that rounding down and separate calculation of cashback into 1 and 4%

Overall

image

Rest there are lot many options , Trying discovering more features from other sources
For More Details Check here

FAQs

💇🏻‍♀️

26 Comments  |  
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Deal Cadet Deal Cadet
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rupay or visa??
Deal Cadet Deal Cadet
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Its Visa

Deal Lieutenant Deal Lieutenant
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@kartikxxx will help you

Pro DealBaba Pro DealBaba
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If u don't know why u got the card, if u don't know how to and where to spend,then best way is to just close the card and save yourself from unnecessary hassle.

View 11 more replies
Deal Lieutenant Deal Lieutenant
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I am not using after park plus Paytm fastag offer over

Deal's Advocate Deal's Advocate
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Purchase Amazon Gift Card using SBI Cashback card. This will give you 5% cashback

5% cashback on Amazon pay transactions

Consider buying Zomato/Swiggy gift card at 4-5% discount using SBI cashback card to get ~10% discount

Remember -

Using a Credit card, the combined amount of [Gift cards + Amazon Vouchers] that can be purchased is as below:

  • 30-days: INR 30,000
  • 60-days: INR 40,000
  • 90-days: INR 50,000
  • 365-days: INR 3,60000
    Due to double dipping on eCommerce websites (10% discount + 5% cashback), they started debiting and reversing the 10% discount cashback before changing the rule. so all of a sudden, people started having debit entries on their credit card statements in the following months
SBI Cashback Card doesn't work for SBI card Discounts
image

Note: Cashback not applicable on Rent Payments, Fuel Spends, Wallet loads, Insurance, Jewellery, Utilities, gift shops and lot more as mentioned

image

Also No more Complimentary Airport Lounges

image

Top to that rounding down and separate calculation of cashback into 1 and 4%

Overall

image

Rest there are lot many options , Trying discovering more features from other sources
For More Details Check here

FAQs

💇🏻‍♀️

Deal Cadet Deal Cadet
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Can I buy Amazon Gift card from Amazon.in itself or should I buy from some other website? Will I get 5% cashback for Amazon.in purchase of Gift Card? I only want max Rs 7000 Amazon Gift Card each month. I don't care nor want to risk a card block by money rotation.
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Deal Lieutenant Deal Lieutenant
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I am looking for 5% cashback with sbi cashback card on amazon pay gift card purchase. I already exhausted the limts on amazon website, please let me know if any further options available to purchase with sbi cashback card. I need 30K balance.

Deal Cadet Deal Cadet
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Thanks

Community Angel Community Angel
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Simply use for online spends where the cashback is applicable. Don't get caught in the frenzy of necessarily claiming 5k cashback every month like it's a birthright. There are too many things to enjoy in life, focus on those instead of wasting time rotating money. 

Deal Cadet Deal Cadet
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Well said. Thanks for the caution pray
Deal Cadet Deal Cadet
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as others said you can use wherever you have online purchases like firstcry,  or utility bill payments like electricity, mobile bills every month through amazon pay. you can use it for bus tickets or other travel related purchases. applicable on all online purchases

Helpful Helpful
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I want to book hotel from adanione website with cashback card.Do I get 5% cashback here.Anyone Plz reply.

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