change in sbi rewardz structure

change in sbi rewardz structure

235°
Missing
Deal Newbie
52
37
2

You earn Reward Points as per the below construct on your SBI Debit Card. Also, there is a large Max Get More partner network where SBI Rewardz members earn EXTRA Reward Points for swiping their SBI Debit Cards

Sr. No.

Trigger

Description

Reward Points

1

Standard Points (per ₹ 200 spend per card on PoS or e-Commerce):

All type/ variants of Debit Cards

2*

2

Activation Bonus

Bonus points on usage of card 3 times within one month of card issuance

200
(50+50+100)

3

Birthday Bonus

Birthday celebration bonus on spends during the birth month

2x **

Note:

This construct would be applicable from 15th July 2019, Capping of Maximum 100 reward points per transaction applicable, subjected to overall capping of 1000 reward points per calendar month per Customer Id

Monthly capping of 200 points applicable

Activation & Birthday bonus will be applicable from July 2019 onward

Bonus Points:

Activation Bonus:

Use your SBI Debit Card to make the first purchase within a month of card issuance to earn 50 bonus Reward points. For the second transaction within the same month of card issuance, you will earn additional 50 Reward Points. For the third transaction within the same month of card issuance, you will earn additional 100 Reward Points. In other words, if you make 3 transactions within a month of getting your debit card, then you earn a total of 200 bonus Reward Points (50 + 50 + 100 Reward Points)

Birthday Bonus Points:

Reward points for any customer in the birthday month will be posted at 2X rate.
For example: if you carry out 3 transactions worth Rs. 2,000/- in your birthday month, then you get 40 Reward Points instead of 20 Reward Points (Standard 20 points + 20 Birthday Bonus)

link : https://rewardz.sbi/overvie...px

29 Comments  |  
16 Dimers
Spinning globe gif 17
Deal Subedar
61
2529
39

I can’t get the essence of your content ! Seems like tabular column got scattered.
Did they reduced or increased or same ?

Missing
Deal Cadet
145
455
11

Looks like same points.. what’s the difference..??

Missing
Deal Newbie
52
37
2

https://cdn0.desidime.com/attachments/photos/576671/original/IMG_20190722_124502.jpg?1563779723
yeah, the table got scattered during copy and paste. The essence is that they have introduced a cap on the debit card reward points of max 100/transaction and max 1000/month. Also, they have removed the distinction between different cards. Example: platinum debit card used to give 4 points/ rs.200. now it’s 2 points for all cards.

Monthly bonus is also removed.

Img 20190728 110145
Deal Subedar
151
2481
31

Yeh to hona hi tha.
Now DCB will also degrade its cashback & Elite account’s reward structure.

Screenshot 2019 05 18 10 53 14 876 com.google.android.gm
Deal Cadet
10
874
10
_One_Miller_ wrote:

Yeh to hona hi tha.
Now DCB will also degrade its cashback & Elite account’s reward structure.

DCB users is very low compared to sbi. They won’t have much impact so they won’t reduce cashback.

Missing
Deal Newbie
52
37
2
_One_Miller_ wrote:

Yeh to hona hi tha.
Now DCB will also degrade its cashback & Elite account’s reward structure.

I am planning to get a DCB elite savings account now to make cred payments. But I heard there were payment issues on cred with DCB debit cards. Any opinions here from DCB users?

15ec882d723737c537ed6785a9cd5f5b
Perfectionist
3,183
60452
522
dummyuser wrote:

sad news sad

For a new sbi account/debit card
What is best way to get these bonus points.

Just use card anywhere 3 times online/offline
No minimum order?

Missing
Deal Cadet
183
866
13
Expand
avgn wrote:

For a new sbi account/debit card
What is best way to get these bonus points.

Just use card anywhere 3 times online/offline
No minimum order?

Don’t think there is a min. order but you will get 200 bonus points for 3 txn. You can split your cred payments. But note that 200 points equals 40 Rs only.

Missing
Deal Cadet
183
866
13
Expand
shnk2010914 wrote:

I am planning to get a DCB elite savings account now to make cred payments. But I heard there were payment issues on cred with DCB debit cards. Any opinions here from DCB users?

Faced no issues at all. Just have to maintain 25k

Excuse me just passing through
Deal Captain
285
11927
72

@A2Zdeals @esakkiraja@
just to understand this correctly:
1) Per transaction limit : 100 points( Rs10k)
2)Per Month limit: 1000 (Rs 1Lac)
3) If used 3 times then 200 points bonus (NOT 2X)
4) B’day month 2x rewards now instead of 4x
Please correct me if i am wrong..

A2z1
Community Angel
418
34676
453
theking wrote:

@A2Zdeals @esakkiraja@
just to understand this correctly:
1) Per transaction limit : 100 points( Rs10k)
2)Per Month limit: 1000 (Rs 1Lac)
3) If used 3 times then 200 points bonus (NOT 2X)
4) B’day month 2x rewards now instead of 4x
Please correct me if i am wrong..

I believe in practical then theory
so better do transaction this month to see how it happens

Missing
Deal Newbie
52
37
2
theking wrote:

@A2Zdeals @esakkiraja@
just to understand this correctly:
1) Per transaction limit : 100 points( Rs10k)
2)Per Month limit: 1000 (Rs 1Lac)
3) If used 3 times then 200 points bonus (NOT 2X)
4) B’day month 2x rewards now instead of 4x
Please correct me if i am wrong..

The 3 times – 200 points bonus is only for the first time, unlike the previous monthly bonus issued.

Img 20190728 110145
Deal Subedar
151
2481
31
theking wrote:

@A2Zdeals @esakkiraja@
just to understand this correctly:
1) Per transaction limit : 100 points( Rs10k)
2)Per Month limit: 1000 (Rs 1Lac)
3) If used 3 times then 200 points bonus (NOT 2X)
4) B’day month 2x rewards now instead of 4x
Please correct me if i am wrong..

3rd is only for new card.

Missing
Deal Cadet
135
454
5
_One_Miller_ wrote:

Yeh to hona hi tha.
Now DCB will also degrade its cashback & Elite account’s reward structure.

DCB also has an AQB requirement of 25K from which they can recover some of the cashback they give out.

Img 20190728 110145
Deal Subedar
151
2481
31
Expand
mtrip wrote:

DCB also has an AQB requirement of 25K from which they can recover some of the cashback they give out.

One axis account with Average requirement of 2L gives 10% cashback.

Missing
Deal Cadet
135
454
5
Expand
_One_Miller_ wrote:

One axis account with Average requirement of 2L gives 10% cashback.

2L is a bit steep stuck_out_tongue

Pikachu
Deal Subedar
84
1049
42
theking wrote:

@A2Zdeals @esakkiraja@
just to understand this correctly:
1) Per transaction limit : 100 points( Rs10k)
2)Per Month limit: 1000 (Rs 1Lac)
3) If used 3 times then 200 points bonus (NOT 2X)
4) B’day month 2x rewards now instead of 4x
Please correct me if i am wrong..

So upto 1L, can use SBI debit card in a month to get rewards.
1 doubt:

4) has monthly cap of 200 points. So for birthday month, 10k spends takes us, 200 extra; in addition to 100 points. Nothing extra ?!
@A2Zdeals @shnk2010914 @_One_Miller_

Missing
Deal Cadet
70
263
5

Lo Bhaiya Gai Bhains Pani Mein….

Pikachu
Deal Subedar
84
1049
42

Also, for internet banking option,
10 reward point per transaction of minimum 100. Maximum monthly 100 points.
So if we pay 100 10 times in cred via internet banking, do we get 100 points ?!

Same applies for anywhere app and yono app, with 100 each.

And, 1000 (spending 1L) Reward Points get you rupees worth just Rs. 250. Disgusting.

Any one know about axis debit card rewards or SBI only good ?!
I don’t have DCB. DBS finished with this month.
@A2Zdeals @shnk2010914 @ _One_Miller @theking

Pikachu
Deal Subedar
84
1049
42

Axis titanium rewards (1point=0.2paise) give 3 point on 500 spent. So for 5000, 10*3 30 points, 6 rupees.
Other variants 1 point on 200 spent.
But SBI (1 point=0.25paise) give 2 points on 200 spent. So for 5000, 25*2 50 points, 12.5 rupees. Which is 0.25% cashback.

Excuse me just passing through
Deal Captain
285
11927
72
Expand
vickyVicky wrote:

So upto 1L, can use SBI debit card in a month to get rewards.
1 doubt:

4) has monthly cap of 200 points. So for birthday month, 10k spends takes us, 200 extra; in addition to 100 points. Nothing extra ?!
@A2Zdeals @shnk2010914 @_One_Miller_

I have verified my points in the past month..
Point 1,2 correct
3 wrong
4 birthday nhi h mera Abhi wrna ye bhi verify KR leta..

Missing
Deal Newbie
52
37
2
Expand
vickyVicky wrote:

So upto 1L, can use SBI debit card in a month to get rewards.
1 doubt:

4) has monthly cap of 200 points. So for birthday month, 10k spends takes us, 200 extra; in addition to 100 points. Nothing extra ?!
@A2Zdeals @shnk2010914 @_One_Miller_

Don’t know about birthday spends. But you are right about the maximum 1L spends on debit card for reward points. I have verified it by doing more than 1L and there are no points given for the extra amount.

Regarding DCB, I read somewhere that they are going to stop giving cashback for online transactions soon. So, didn’t bother about opening an account.

Missing
Deal Cadet
50
109
0

My transaction history is showing all blank in SBI Rewardz android app. Anyone else seeing this too?

Missing
Deal Cadet
70
263
5
DealMonarch wrote:

My transaction history is showing all blank in SBI Rewardz android app. Anyone else seeing this too?

Yes same here.

Missing
Deal Newbie
50
62
3

Seems they stopped giving points on cred transactions

Missing