Pro Tips to Make a SBI Card Life Time Free

[RkrRkr is verified member.]

Pro Tips-

Simple way to make Any basic to mid range SBI card LTF is to "Just raise a closure of card account request through Sbi card app .After few hours you will receive a call to ask a reason for cancellation ,there tell them Either make it Life time free or cancel the card.They will make your Card LTF.Done on my both sbi card and now both are LTF.Service request to make your card LTF is taken as PCT id is to be changed.You can check in service request tracking menu.

Caution:-If you holding multiple cards of SBI then kindly do this process at one card at a time only.Do on other card after at least month. If at any point SBI Card is not agreeing on LTF and offering you Annual Fee waivers only then Accept Fee waivers at that moment and Apply the same trick Again after 1 or 2 months for LTF.
IF ANYONE HAVING ANY SPECEFIC CONCERN THEN DO DM.

Edit 1-If afterall anyone missed the call from retention team then they can simply call customer care and there simply tell them to connect/transfer you call to retention team as i want to discuss regarding my card closure request.They will connect you to their retention team and now there you can project the above trick to get your card LTF ..


Edit 2(09 July 2023)-Even people have made sbi cards having fee upto 1499 LTF and even higher varriant cards you will get equivalent reward points or miles or annual fee waiver in place of LTF.

Edit 3(15 October 2023)- Even people have made their SBI cashback credit card LTF by their skill of negotiation.

Edit 4-Now a days SBI Cards sometime,closing the card without calling so suggest now dont place request through app by self .Call customer care directly and ask them for LTF/fee waivers or to transfer the call to retention team for doing the same.

 

[RAMESH BABU N]

How does BBPS Bill payment handle?

If you have automated your bill payments - like thru HDFC Smart BillPay (or others like Axis or IndusInd.......) - will it debit 1000 (the billed amount) or 900 (the balance AFTER the bill date.

Since the bill was raised for 1000, it expects payment of 1000.

See what is printed on the bill. Pay what needs to be paid.

Cashback is credited AFTER the bill is generated. So, its in this month's accounting lot. Not, last month's.

So, you need to pay 1000. And, BBPS also expects 1000.

900 is the net liability - as of now. But, 1000 is the net liability - as on the date of bill generation. You - as a CC customer - needs to settle the generated bills.

What if the Cashback is not credited (as planned) due to some reason ? Because of that shortfall of 100, your subsequent purchases will attract charges. Kindly read the detailed examples given in the bill.

 

[mailmenow]

How does BBPS Bill payment handle?

If you have automated your bill payments - like thru HDFC Smart BillPay (or others like Axis or IndusInd.......) - will it debit 1000 (the billed amount) or 900 (the balance AFTER the bill date.

Since the bill was raised for 1000, it expects payment of 1000.

See what is printed on the bill. Pay what needs to be paid.

Cashback is credited AFTER the bill is generated. So, its in this month's accounting lot. Not, last month's.

So, you need to pay 1000. And, BBPS also expects 1000.

900 is the net liability - as of now. But, 1000 is the net liability - as on the date of bill generation. You - as a CC customer - needs to settle the generated bills.

What if the Cashback is not credited (as planned) due to some reason ? Because of that shortfall of 100, your subsequent purchases will attract charges. Kindly read the detailed examples given in the bill.

Yes sir that's what I exactly asked him. He explained me with some logics only

 

[JSK111]

Explain me one thing. Bill of ₹1000 is generated. I pay ₹100 to your bill, so it becomes ₹900.

Now, will you say, "Bro, I have to pay ₹1000 because that is the total bill, and I don't care about your ₹100 you already paid"

If your answer is NO, then apply the same logic here.

SBI already paid ₹100 towards your credit card bill, so now you are only left with ₹900 to pay.

You are right and it applies to only SBI cc and not any other bank.

 

[6ix9ine]

How does BBPS Bill payment handle?

If you have automated your bill payments - like thru HDFC Smart BillPay (or others like Axis or IndusInd.......) - will it debit 1000 (the billed amount) or 900 (the balance AFTER the bill date.

Since the bill was raised for 1000, it expects payment of 1000.

See what is printed on the bill. Pay what needs to be paid.

Cashback is credited AFTER the bill is generated. So, its in this month's accounting lot. Not, last month's.

This is true to HDFC and similar banks, as they don't consider cashback/refunds toward bill payments. I replied based on SBI, as this thread is specifically about SBI, not other banks.

So, you need to pay 1000. And, BBPS also expects 1000.

900 is the net liability - as of now. But, 1000 is the net liability - as on the date of bill generation. You - as a CC customer - needs to settle the generated bills.

What if the Cashback is not credited (as planned) due to some reason ? Because of that shortfall of 100, your subsequent purchases will attract charges. Kindly read the detailed examples given in the bill.

Totally false. In the case of SBI, you won’t be able to pay ₹1000, if only ₹900 is due. When you enter ₹1000 and try to proceed, the transaction will either fail or show a message saying the maximum permissible amount is ₹900 only.

Yes sir that's what I exactly asked him. He explained me with some logics only

This isn't just "some" logic. Read the guidelines yourself, specifically scenario 2:

Reserve Bank of India

Note: I am repeating yet again, this applies to SBI CCs only, not to other CCs. So, please don't consider this answer for every bank.

 

[mailmenow]

This is true to HDFC and similar banks, as they don't consider cashback/refunds toward bill payments. I replied based on SBI, as this thread is specifically about SBI, not other banks.


Totally false. In the case of SBI, you won’t be able to pay ₹1000, if only ₹900 is due. When you enter ₹1000 and try to proceed, the transaction will either fail or show a message saying the maximum permissible amount is ₹900 only.

I tried this. But it only proceed with the billed amount of 1000 . Even in sbi card app also it is proceeded with 1000 . But there are options to pay TAD, outstanding, customs amount. No such error is showing as "maximum permissible amount is Rs 900 nothing.

This isn't just "some" logic. Read the guidelines yourself, specifically scenario 2:

Reserve Bank of India

Note: I am repeating yet again, this applies to SBI CCs only, not to other CCs. So, please don't consider this answer for every bank.

 

[runningfast]

What you are explaining, payment of balance amount should work for SBI, but when I pay full payment is allowed for SBI Cashback card via BBPS, I had credit of 3000/ + last month as cashback, still paid full via Mobikwik as my habit.

 

[6ix9ine]

I tried this. But it only proceed with the billed amount of 1000 . Even in sbi card app also it is proceeded with 1000 . But there are options to pay TAD, outstanding, customs amount. No such error is showing as "maximum permissible amount is Rs 900 nothing.

You will get that error on unipay, I didn't know you are using direct method. Well, it's okay brother, pay 1000 and enjoy -100 on your limit utilised. It won't harm you in any way, you can take that -100 refund to your bank account using credit balance refund.

 

[6ix9ine]

What you are explaining, payment of balance amount should work for SBI, but when I pay full payment is allowed for SBI Cashback card via BBPS, I had credit of 3000/ + last month as cashback, still paid full via Mobikwik as my habit.

And what did you do to that extra "-3000" on your limit utilised? Surely, it can't be 0.

Or

If you had any future transactions, then it might've got adjusted to it.

 

[hender]

How does BBPS Bill payment handle?

If you have automated your bill payments - like thru HDFC Smart BillPay (or others like Axis or IndusInd.......) - will it debit 1000 (the billed amount) or 900 (the balance AFTER the bill date.

Since the bill was raised for 1000, it expects payment of 1000.

See what is printed on the bill. Pay what needs to be paid.

Cashback is credited AFTER the bill is generated. So, its in this month's accounting lot. Not, last month's.

So, you need to pay 1000. And, BBPS also expects 1000.

900 is the net liability - as of now. But, 1000 is the net liability - as on the date of bill generation. You - as a CC customer - needs to settle the generated bills.

What if the Cashback is not credited (as planned) due to some reason ? Because of that shortfall of 100, your subsequent purchases will attract charges. Kindly read the detailed examples given in the bill.

+1, System works like that only.

This is true to HDFC and similar banks, as they don't consider cashback/refunds toward bill payments. I replied based on SBI, as this thread is specifically about SBI, not other banks.


Totally false. In the case of SBI, you won’t be able to pay ₹1000, if only ₹900 is due. When you enter ₹1000 and try to proceed, the transaction will either fail or show a message saying the maximum permissible amount is ₹900 only.


This isn't just "some" logic. Read the guidelines yourself, specifically scenario 2:

Reserve Bank of India

Note: I am repeating yet again, this applies to SBI CCs only, not to other CCs. So, please don't consider this answer for every bank.

TAD, MAD, Due Payment, PrePay, BBPS, CashBack , Rewards Points Redemption, many IF and But and ways to play with CC system.

I tried this. But it only proceed with the billed amount of 1000 . Even in sbi card app also it is proceeded with 1000 . But there are options to pay TAD, outstanding, customs amount. No such error is showing as "maximum permissible amount is Rs 900 nothing.

Bill is 1k, but Flexibility available !!!

Seems elephant story - "HUGE - too many aspects" every one is CORRECT

 

[6ix9ine]

Bill is 1k, but Flexibility available !!!

Exactly, SBI gives you the flexibility to just pay total bill - cashback/refund = rest so why not utilise it 🫡

 

[runningfast]

And what did you do to that extra "-3000" on your limit utilised? Surely, it can't be 0.

Or

If you had any future transactions, then it might've got adjusted to it.

It got adjusted to next billing cycle. It was never negative or zero, since I had already done some transactions. While I know I can pay balance, but I still prefer paying full to avoid confusion, as I had one of my card charge fee few yrs back. So I always pay full, irrespective. Whenever I had large refund, I would write to bank to credit it back or have email confirmation to make adjusted payment, to avoid future troubles.

 

[b4bhar]

It got adjusted to next billing cycle. It was never negative or zero, since I had already done some transactions.

Is it a problem if its negative? Mine went into negative infsct it's still negative for my flipkart axis bank as they give cb late and I dont have any more transactions on that card.

 

[runningfast]

Is it a problem if its negative? Mine went into negative infsct it's still negative for my flipkart axis bank as they give cb late and I dont have any more transactions on that card.

In case of refund, they would credit back to your account on request by adjusting the balance amount, if any. But in case of cashback, not sure if banks credit the amount to account.

 

[b4bhar]

In case of refund, they would credit back to your account on request by adjusting the balance amount, if any. But in case of cashback, not sure if banks credit the amount to account.

No, they don't. I checked with axis bank CC and they told cb can't be posted to savings account. They would rather adjust the outstanding balance

 

[mailmenow]

No, they don't. I checked with axis bank CC and they told cb can't be posted to savings account. They would rather adjust the outstanding balance

Bro just load it to Amazon wallet and transfer to your ac

 

[Anindya98]

You are right and it applies to only SBI cc and not any other bank.

This is true to HDFC and similar banks, as they don't consider cashback/refunds toward bill payments. I replied based on SBI, as this thread is specifically about SBI, not other banks.

Works for Yes, ICICI and Axis also.

You will get that error on unipay, I didn't know you are using direct method. Well, it's okay brother, pay 1000 and enjoy -100 on your limit utilised. It won't harm you in any way, you can take that -100 refund to your bank account using credit balance refund.

I agree with your point but SBI card CC always ask to pay the TAD and I don't take a risk with them and every month I use the card so using the CB is not an issue. Once you pay the TAD then in the app shows bill paid. And the CB is adjusted in the next month bill.

In case of refund, they would credit back to your account on request by adjusting the balance amount, if any. But in case of cashback, not sure if banks credit the amount to account.

yes, I also have to do the same as I closed the card before receiving the CB.

It got adjusted to next billing cycle. It was never negative or zero, since I had already done some transactions. While I know I can pay balance, but I still prefer paying full to avoid confusion, as I had one of my card charge fee few yrs back. So I always pay full, irrespective. Whenever I had large refund, I would write to bank to credit it back or have email confirmation to make adjusted payment, to avoid future troubles.

I also pay the TAD in case of SBI CB to avoid future troubles.

 

[6ix9ine]

Is it a problem if its negative?

No problem with SBI. In fact, SBI will personally email you to tell you, that you have the excess balance which you can transfer to your account. You can simply withdraw any extra balance to any account be it SBI, HDFC, Kotak, BOB, etc etc

No, they don't. I checked with axis bank CC and they told cb can't be posted to savings account. They would rather adjust the outstanding balance

That’s 🪓 for you 😂😂

If I remember correctly, they ask for a cancelled cheque to refund the extra limit to your bank account. Horrible bank with horrible rules.

It got adjusted to next billing cycle. It was never negative or zero, since I had already done some transactions. While I know I can pay balance, but I still prefer paying full to avoid confusion, as I had one of my card charge fee few yrs back. So I always pay full, irrespective. Whenever I had large refund, I would write to bank to credit it back or have email confirmation to make adjusted payment, to avoid future troubles.

I agree with your point but SBI card CC always ask to pay the TAD and I don't take a risk with them and every month I use the card so using the CB is not an issue. Once you pay the TAD then in the app shows bill paid. And the CB is adjusted in the next month bill.

Yes, I get that people like to pay the full TAD to avoid any issues. Especially considering that different banks have different rules, and I agree it's hard to remember all of them. So, it’s better to just stick with paying the full TAD.

But this whole discussion started with a simple question:

If my TAD is 1000 and I get a 100 refund or cashback after 2–3 days, do I have pay 900 or 1000.

My answer: 900 is absolutely fine at least in the case of SBI. But this may not work the same way with other banks.

Another example:

Let’s say my credit limit is 1 lakh. I bought a TV for 93000 and spent 1000 on food/grocery.

My bill is generated for 94000. Few days later, something goes wrong with the TV and I return it.

Now I get a 93000 refund, which gets adjusted in my TAD. So my actual due becomes 1000 (94000 - 93000).

Now, I’m not going to pay 94000, even if the system asks for it. Because I know I only need to pay 1000 to clear the dues.

Of course, if your habit is to pay full then just pay the full 94000, that’s totally up to you. But you are completely fine with just paying 1000 as well.

Another question people might ask, what if you don't get the refund within the due date? In that case, I would just pay the full 94000 and later on get that excess limit to my bank account.

 

[Anindya98]

If I remember correctly, they ask for a cancelled cheque to refund the extra limit to your bank account.

Yes, they have the feature.

Let’s say my credit limit is 1 lakh. I bought a TV for 93000 and spent 1000 on food/grocery.

My bill is generated for 94000. Few days later, something goes wrong with the TV and I return it.

Now I get a 93000 refund, which gets adjusted in my TAD. So my actual due becomes 1000 (94000 - 93000).

Now, I’m not going to pay 94000, even if the system asks for it. Because I know I only need to pay 1000 to clear the dues.

For refunds, I do this.

Another question people might ask, what if you don't get the refund within the due date? In that case, I would just pay the full 94000 and later on get that excess limit to my bank account.

Same

 

[roygarg]

Any tips on how to get a second SBI CC?

I currently hold SimplyClick with a meagre limit of Rs 20,000 for more that 6 months now. Tried increasing it through the app but it gets declined immediately. Today I tried applying for BPCL as a second SBI CC and it was declined immediately. There are no 2nd card offers for me in the SBI Card app as well. Cibil hit was done and this is the reason I got.

Application Declined
Your application could not be processed as it does not meet our internal policy criteria.

 

[Anindya98]

Any tips on how to get a second SBI CC?

I currently hold SimplyClick with a meagre limit of Rs 20,000 for more that 6 months now. Tried increasing it through the app but it gets declined immediately. Today I tried applying for BPCL as a second SBI CC and it was declined immediately. There are no 2nd card offers for me in the SBI Card app as well. Cibil hit was done and this is the reason I got.

Application Declined
Your application could not be processed as it does not meet our internal policy criteria.

Drop an email to SBI Cards with income docs, and they will issue the card from the backend.