SBI CASHBACK CC BILL PAYMENT ISSUE

[CARDiologist]

Hello, I got sbi cashback cc last month and the bill generated today.

I am in confusion as which amount I need to pay?..

The actual bill amount which is ₹5000 or

The actual amount ₹5000 - Cashback ₹500 = ₹4500

Can anyone help me?

 

[Md Kaif]

U need to pay the total billed amount which is Rs. 5000/- as I understand from your post. The Rs. 450/- will be adjusted in your next month's bill (say next month your bill is Rs. 2000; then u will have to pay Rs. 1550/- only)

 

[CARDiologist]

U need to pay the total billed amount which is Rs. 5000/- as I understand from your post. The Rs. 450/- will be adjusted in your next month's bill (say next month your bill is Rs. 2000; then u will have to pay Rs. 1550/- only)

Thanks for the reply.

What if I don't have any bills due or I don't do any transactions for next month?

 

[WhoU]

You can pay 4500. Speaking from experience. This rule doesn’t apply to other cards though.

 

[WhoU]

But how did you get 10% cashback?

 

[Tejo]

Hello, I got sbi cashback cc last month and the bill generated today.

I am in confusion as which amount I need to pay?..

The actual bill amount which is ₹5000 or

The actual amount ₹5000 - Cashback ₹500 = ₹4500

Can anyone help me?

If the cashback settled after bill generation date, you no need to pay whole due amount.

Due amount - cashback (if cashback Settled before due date) amount = remaining due in the cycle.

 

[Das.N]

Thanks for the reply.

What if I don't have any bills due or I don't do any transactions for next month?

Than the balance will show as negative in that month. You can use that amount later

 

[CARDiologist]

You can pay 4500. Speaking from experience. This rule doesn’t apply to other cards though.

Do you also have this card?..I am in confusion if I pay this amount there won't be any trouble later?

 

[CARDiologist]

Than the balance will show as negative in that month. You can use that amount later

Thanks for the clarification!

 

[WhoU]

SBI CB always comes 2-3 days post bill generation date. Other banks work differently. But for SBI CB, you need to pay Billed - cashback in that period.

 

[WhoU]

Do you also have this card?..I am in confusion if I pay this amount there won't be any trouble later?

Yes I have this card and always pay billed - cb (that’s what speaking from experience means). It has been discussed many times in this forum, simple search would have helped you.

 

[Md Kaif]

Thanks for the reply.

What if I don't have any bills due or I don't do any transactions for next month?

After u have made the payment towards the billed amount i.e. Rs. 5000/- u can take a refund of this Rs. 500/- cashback in your bank account if u do not have any unbilled spends (i.e. have negative balance in credit card) but incase u make any transaction the cashback amount will get adjusted there. Hope this helps

 

[CARDiologist]

I spend 5000 then added 5000 to the card & then again spend 5000

 

[CARDiologist]

After u have made the payment towards the billed amount i.e. Rs. 5000/- u can take a refund of this Rs. 500/- cashback in your bank account if u do not have any unbilled spends (negative balance in credit card) but incase u make any transaction the cashback amount will get adjusted there. Hope this helps

I can take a refund for cashback?...by calling CC?

 

[Md Kaif]

I can take a refund for cashback?...by calling CC?

After the cashback is credited and u do not have any spends during that period. Open your SBI app - go to services - credit balance refund

 

[CARDiologist]

Yes I have this card and always pay billed - cb (that’s what speaking from experience means). It has been discussed many times in this forum, simple search would have helped you.

Yeah! I have searched the forum but, didn't find it.

 

[WhoU]

Yeah! I have searched the forum but, didn't find it.

Here you go mate:
Post in thread 'SBI CB CC due payment'
https://www.technofino.in/community/threads/sbi-cb-cc-due-payment.11211/post-185064

 

[karankayastha]

Hello, I got sbi cashback cc last month and the bill generated today.

I am in confusion as which amount I need to pay?..

The actual bill amount which is ₹5000 or

The actual amount ₹5000 - Cashback ₹500 = ₹4500

Can anyone help me?

Any amount credited after bill generation is considered as payment pay 4500 also to cross check check outstanding amount & unbilled amount they should match if they match your bill is paid