2% CB on Credit Card Bill Payment - SCB Visa Infinite Priority Debit Card

[drakesri]

Credit card bill payment via Mobikwik earns 2% cashback points on SCB Visa Infinite Priority Debit Card.

I have paid over 3 lakhs in 4 days and got 2% points.
This debit card is offered free for SCB priority accounts.
Unlike HDFC there is no capping AFAIK. There is a daily limit on Mobikwik on transactions for CC bill payment.


Exclusions:
Effective 1 April 2021, spends made on your debit cards on certain Merchant Categories will not earn reward points (“Excluded Merchant Categories”). Excluded Merchant Categories like Mutual Funds, Insurance and Insurance Premium, Railways, Government payments, payments towards Schools, Financial Services including credit card balance payment, loan payment, etc.For Merchant Category Codes of the Excluded Merchant Categories, please click here.

 

[great]

2% points or 2% cashback
Is it same ?

 

[drakesri]

2% points or 2% cashback
Is it same ?

It is 2% points but in SCB each point is equivalant to 1Rs, These points can be redeemed within 360 rewards portal of SCB.

 

[purush]

It's great reward then

 

[ak93]

It is 2% points but in SCB each point is equivalant to 1Rs, These points can be redeemed within 360 rewards portal of SCB.

Redeemed for cash or vouchers?

 

[0xfallup]

30 lakhs fum

 

[Wealth is my birth right!]

30 lakhs fum

Lol
Thought to mention the same
Trying to get into priority segment this year let me see
Got stuck on premium banking long time stanC not offering upgrade without that 30l

 

[drakesri]

Redeemed for cash or vouchers?

Right now I am accumulating for voucher.

 

[venkateshr]

Credit card bill payment via Mobikwik earns 2% cashback points on SCB Visa Infinite Priority Debit Card.

I have paid over 3 lakhs in 4 days and got 2% points.
This debit card is offered free for SCB priority accounts.
Unlike HDFC there is no capping AFAIK. There is a daily limit on Mobikwik on transactions for CC bill payment.

Interesting. Thanks for the share. When did this actually start. Have never used my Priority Debit Card honestly. Is this 2% on only spends on the card. Any link to T&Cs. Thanks.

 

[drakesri]

Interesting. Thanks for the share. When did this actually start. Have never used my Priority Debit Card honestly. Is this 2% on only spends on the card. Any link to T&Cs. Thanks.

Check more details here https://www.sc.com/in/debit-cards/priority-infinite-debit-card/

Not sure when it started, I recently opened a priority account. Yes 2% on all spends including offline, there are few exclusions see below.

"
Effective 1 April 2021, spends made on your debit cards on certain Merchant Categories will not earn reward points (“Excluded Merchant Categories”). Excluded Merchant Categories like Mutual Funds, Insurance and Insurance Premium, Railways, Government payments, payments towards Schools, Financial Services including credit card balance payment, loan payment, etc.For Merchant Category Codes of the Excluded Merchant Categories, please click here.
"

 

[thegame]

I guess 4RPs = 1Re for voucher in 360Rewards as same in SC CC, also they don't have Amazon or FK vouchers

 

[thegame]

It is 2% points but in SCB each point is equivalant to 1Rs, These points can be redeemed within 360 rewards portal of SCB.

have you tried redeeming in Rewards portal, asking this to confirm if its (redemption portal) different for Debit cards and Credit cards

 

[supperman]

have you tried redeeming in Rewards portal, asking this to confirm if its (redemption portal) different for Debit cards and Credit cards

Though the portal is the same for reward points earned with CC and DC, and the vouchers available for redemption are the same, the value of each reward point earned with DC is somewhere close to 1%, or less than 1%. It's not 1:1 like what you have with Ultimate CC, for example. You earn 2 points on every 100 spent, but 2 reward points is generally Re.1 or 90p when redeemed for vouchers. E.g. Rs.2000 Uber voucher costs around 4500 points. The choice of vouchers isn't that great. You have Uber, Vistara vouchers, apparel stores...that's really it. Reward points cannot be converted into any cash value, only voucher redemption with the dwindling choice on the 360 portal.

 

[luciferlucifer is verified member.]

Though the portal is the same for reward points earned with CC and DC, and the vouchers available for redemption are the same, the value of each reward point earned with DC is somewhere close to 1%, or less than 1%. It's not 1:1 like what you have with Ultimate CC, for example. You earn 2 points on every 100 spent, but 2 reward points is generally Re.1 or 90p when redeemed for vouchers. E.g. Rs.2000 Uber voucher costs around 4500 points. The choice of vouchers isn't that great. You have Uber, Vistara vouchers, apparel stores...that's really it. Reward points cannot be converted into any cash value, only voucher redemption with the dwindling choice on the 360 portal.

Did you opened this account based on NRV or salary?

 

[foden]

Thank you for this find.
Do you need to give email permission to MobiKwik for cc payments?

 

[supperman]

Thank you for this find.
Do you need to give email permission to MobiKwik for cc payments?

No. Pay on Mobikwik as usual, by providing card details. No need to give Mobikwik any specific/different permissions than what is otherwise normal.

 

[foden]

Got it, thanks

No. Pay on Mobikwik as usual, by providing card details. No need to give Mobikwik any specific/different permissions than what is otherwise n

 

[supperman]

Just something to note - SC charges Rs.99 for redemption from the 360 degree portal (though I redeemed a long time ago, so that fee might no longer be applicable, or could have changed in the meanwhile...).

 

[ak93]

Though the portal is the same for reward points earned with CC and DC, and the vouchers available for redemption are the same, the value of each reward point earned with DC is somewhere close to 1%, or less than 1%. It's not 1:1 like what you have with Ultimate CC, for example. You earn 2 points on every 100 spent, but 2 reward points is generally Re.1 or 90p when redeemed for vouchers. E.g. Rs.2000 Uber voucher costs around 4500 points. The choice of vouchers isn't that great. You have Uber, Vistara vouchers, apparel stores...that's really it. Reward points cannot be converted into any cash value, only voucher redemption with the dwindling choice on the 360 portal.

This makes it less attractive compared to HDFC platinum which gives straight 1% cashback as actual cash!

 

[tdot]

I guess OP is looking at Ultimate CC redemption page on 360 Reward. For anything other than SC ultimate CC rewards rate comes to 4:1 ratio not 1:1