2 new SBI Reliance RuPay Credit Card launched | offers & details

[Abhishek012]

2 new SBI Reliance RuPay Credit Card launched | offers & details:

1) SBI Reliance RuPay Credit Card -​

Issuance Fee - Rs499+GST

Renewal Fee - Rs499+GST (from second year onwards. Renewal fee reversed if annual spend for last year 1 lakh)

Welcome Benefit​

• Get Reliance Retail voucher worth of Rs 500 on payment of annual fees. Click here to know where this voucher can be redeemable.
• Bouquet of Reliance Discount Vouchers for different Reliance Brands worth up to Rs 3200.For details Click here.
• Vouchers shall be delivered within 45 days post realization of Annual Fees

Discount vouchers

Reliance Trends - Rs500 voucher on minimum purchase Rs2499,
AJIO - Rs250 voucher on minimum purchase Rs1499,
Centro - Rs500 voucher on minimum purchase Rs3000,
Zivame/Clovia - Rs300 voucher on minimum purchase Rs1199,
Converstory - Rs250 voucher on minimum purchase Rs1499,
Jiomart - Rs100 voucher on minimum purchase Rs500,
Urban Ladder - Rs500 voucher on minimum purchase Rs4999,
Fashion Factory - Rs500 voucher on minimum purchase Rs1499,
Netmeds Online - Rs200 voucher on minimum purchase Rs1499 on pharma/prescription products.

Transaction discounts/ offers

Reliance Trends - 5% Instant discount (maximum Rs250 per month)
AJIO - 5% Instant discount (maximum Rs250 per month)
Centro - 5% Instant discount (maximum Rs1000)
Zivame/Clovia - 5% Instant discount (maximum Rs250)
Converstory - 5% Instant discount (maximum Rs250)
Grocery offline stores - 1 R One point on every Rs200 spent
Jiomart - 5% cashback on Jiomart Wallet (maximum Rs250 per month), Redeemable in GM & Fashion categories only.
Urban Ladder - 5% Instant discount (maximum Rs250 per transaction)
Fashion Factory - 1 R One point on every Rs100 spent over and above the existing Rs200 spent.

Milestone Benefits​

• Spend Based Fee Reversal- Next year FEE waiver on Annual Spends of Rs 1 Lac.
• 500 worth Reliance Retail Voucher on Annual Spends of Rs 25000 on list of Reliance Formats
• 750 worth Reliance Retail Voucher on Annual Spends of Rs 50000 on list of Reliance Formats
• 1000 worth Reliance Retail Voucher on Annual Spends of Rs 80000 on list of Reliance Formats
• Click here For the list of all Reliance Formats.

Reward Benefits​

• 5 Reward Points per Rs 100 spent on list of Reliance Retail stores (except on UPI payments wherein 1 RP per 100 spent will accrue)
• 5 Reward Points per Rs 100 spent on Dinning & Movies
• 1 Reward Points per Rs 100 spent on other retail purchased (except fuel, property rental, wallet upload)
• Each Reward Point = Rs. 0.25

Fuel Surcharge Waiver​

• 1% surcharge across all petrol pumps in India, for transactions between Rs. 500/- and Rs. 4,000/- exclusive of GST and other charges
• Maximum fuel surcharge waiver of Rs. 100 per statement cycle per credit card account, which is equivalent to an Annual Savings of Rs 1200 .

Other Benefits​

• Redeem your Rewards Points against Reliance Retail Vouchers. Click here to know where this voucher can be redeemable.

2) SBI Reliance Prime RuPay Credit Card -​

Issuance Fee - Rs2999+GST

Renewal Fee - Rs2999+GST

Welcome Benefit​

• Get Reliance Retail voucher worth of Rs 3000 on payment of Joining fees. Click here to know where this voucher can be redeemable.
• Bouquet of Reliance Discount Vouchers for different Reliance Brands worth up to Rs 11,999.
• Vouchers shall be delivered within 45 days post realization of Annual Fees

Discount vouchers

Reliance Trends - Rs100 voucher on minimum purchase Rs3999,
AJIO - Rs750 voucher on minimum purchase Rs3999,
Centro - Rs1000 voucher on minimum purchase Rs6000,
Zivame/Clovia - Rs500 voucher on minimum purchase Rs1999,
Converstory - Rs2500 voucher (subject to maximum redemption at 10% of bill value),
Jiomart - Rs250 voucher on minimum purchase Rs1250,
Urban Ladder - Rs2500 voucher (subject to maximum redemption at 10% of bill value),
Netmeds Online - Rs500 voucher on minimum purchase Rs1999 on pharma/prescription products.
Fashion factory - Any denim Rs999 only with the promo code
Reliance Jewels -
Rs2000 voucher (subject to minimum purchase of Rs49999 Diamond Jewellery),
Transaction discount applicable along with voucher

Transaction discounts/ offers

Reliance Trends - 10% Instant discount (maximum Rs750 per month)
AJIO - 5% Instant discount (maximum Rs1000 per month)
Centro - 10% Instant discount (maximum Rs2000)
Zivame/Clovia - 5% Instant discount (maximum Rs1000)
Converstory - 10% Instant discount (maximum Rs1000)
Grocery offline stores - 1 R One point on every Rs200 spent
Jiomart - 5% cashback on Jiomart Wallet (maximum Rs1000 per month), Redeemable in GM & Fashion categories only.
Urban Ladder - 5% Instant discount (maximum Rs750 per transaction)
Fashion Factory - 1 R One point on every Rs100 spent over and above the existing Rs200 spent.
Reliance Jewels -
2% Instant discount on making charges on Gold,
2% Instant discount on diamond invoice value.

Milestone Benefits​

• Spend Based Fee Reversal- Next year FEE waiver on Annual Spends of
• 1500 worth Reliance Retail Voucher on Annual Spends of Rs 75000 on list of Reliance Formats
• 2250 worth Reliance Retail Voucher on Annual Spends of Rs 150000 on list of Reliance Formats
• 5000 worth Reliance Retail Voucher on Annual Spends of Rs 300000 on list of Reliance Formats
• Click here For the list of all Reliance Formats.

Reward Benefits​

• 10 Reward Points per Rs 100 spent on list of Reliance Retail stores (except on UPI payments wherein 2 RP per 100 spent will accrue)
• 5 Reward Points per Rs 100 spent on Dinning, Movies, Entertainment, Airlines and International spends
• 2 Reward Points per Rs 100 spent on other retail purchased (except fuel, property rental, wallet upload)
• Each Reward Point = Rs. 0.25

Book My Show​

• 1 Movie ticket a month worth Rs. 250/-

Lounge Benefits​

• 8 complimentary Domestic Airport Lounges per calendar year (max. 2 per quarter), Click here for list of lounges.
• 4 complimentary International Airport Lounges per calendar year (max. 2 per quarter available from 15th Dec’23 onwards)

Fuel Surcharge Waiver​

• 1% surcharge across all petrol pumps in India, for transactions between Rs. 500/- and Rs. 4,000/- exclusive of GST and other charges

Other Benefits​

• Redeem your Rewards Points against Reliance Retail Vouchers. Click here to know where this voucher can be redeemable.

 

[silly_putty]

2 new SBI Reliance RuPay Credit Card launched | offers & details:

View attachment 33387

1) SBI Reliance RuPay Credit Card -​

Issuance Fee - Rs499+GST

Renewal Fee - Rs499+GST (from second year onwards. Renewal fee reversed if annual spend for last year 1 lakh)

Welcome Benefit​

• Get Reliance Retail voucher worth of Rs 500 on payment of annual fees. Click here to know where this voucher can be redeemable.
• Bouquet of Reliance Discount Vouchers for different Reliance Brands worth up to Rs 3200.For details Click here.
• Vouchers shall be delivered within 45 days post realization of Annual Fees

Discount vouchers

Reliance Trends - Rs500 voucher on minimum purchase Rs2499,
AJIO - Rs250 voucher on minimum purchase Rs1499,
Centro - Rs500 voucher on minimum purchase Rs3000,
Zivame/Clovia - Rs300 voucher on minimum purchase Rs1199,
Converstory - Rs250 voucher on minimum purchase Rs1499,
Jiomart - Rs100 voucher on minimum purchase Rs500,
Urban Ladder - Rs500 voucher on minimum purchase Rs4999,
Fashion Factory - Rs500 voucher on minimum purchase Rs1499,
Netmeds Online - Rs200 voucher on minimum purchase Rs1499 on pharma/prescription products.

Transaction discounts/ offers

Reliance Trends - 5% Instant discount (maximum Rs250 per month)
AJIO - 5% Instant discount (maximum Rs250 per month)
Centro - 5% Instant discount (maximum Rs1000)
Zivame/Clovia - 5% Instant discount (maximum Rs250)
Converstory - 5% Instant discount (maximum Rs250)
Grocery offline stores - 1 R One point on every Rs200 spent
Jiomart - 5% cashback on Jiomart Wallet (maximum Rs250 per month), Redeemable in GM & Fashion categories only.
Urban Ladder - 5% Instant discount (maximum Rs250 per transaction)
Fashion Factory - 1 R One point on every Rs100 spent over and above the existing Rs200 spent.

Milestone Benefits​

• Spend Based Fee Reversal- Next year FEE waiver on Annual Spends of Rs 1 Lac.
• 500 worth Reliance Retail Voucher on Annual Spends of Rs 25000 on list of Reliance Formats
• 750 worth Reliance Retail Voucher on Annual Spends of Rs 50000 on list of Reliance Formats
• 1000 worth Reliance Retail Voucher on Annual Spends of Rs 80000 on list of Reliance Formats
• Click here For the list of all Reliance Formats.

Reward Benefits​

• 5 Reward Points per Rs 100 spent on list of Reliance Retail stores (except on UPI payments wherein 1 RP per 100 spent will accrue)
• 5 Reward Points per Rs 100 spent on Dinning & Movies
• 1 Reward Points per Rs 100 spent on other retail purchased (except fuel, property rental, wallet upload)
• Each Reward Point = Rs. 0.25

Fuel Surcharge Waiver​

• 1% surcharge across all petrol pumps in India, for transactions between Rs. 500/- and Rs. 4,000/- exclusive of GST and other charges
• Maximum fuel surcharge waiver of Rs. 100 per statement cycle per credit card account, which is equivalent to an Annual Savings of Rs 1200 .

Other Benefits​

• Redeem your Rewards Points against Reliance Retail Vouchers. Click here to know where this voucher can be redeemable.

View attachment 33411
View attachment 33412

2) SBI Reliance Prime RuPay Credit Card -​

Issuance Fee - Rs2999+GST

Renewal Fee - Rs2999+GST

Welcome Benefit​

• Get Reliance Retail voucher worth of Rs 3000 on payment of Joining fees. Click here to know where this voucher can be redeemable.
• Bouquet of Reliance Discount Vouchers for different Reliance Brands worth up to Rs 11,999.
• Vouchers shall be delivered within 45 days post realization of Annual Fees

Discount vouchers

Reliance Trends - Rs100 voucher on minimum purchase Rs3999,
AJIO - Rs750 voucher on minimum purchase Rs3999,
Centro - Rs1000 voucher on minimum purchase Rs6000,
Zivame/Clovia - Rs500 voucher on minimum purchase Rs1999,
Converstory - Rs2500 voucher (subject to maximum redemption at 10% of bill value),
Jiomart - Rs250 voucher on minimum purchase Rs1250,
Urban Ladder - Rs2500 voucher (subject to maximum redemption at 10% of bill value),
Netmeds Online - Rs500 voucher on minimum purchase Rs1999 on pharma/prescription products.
Fashion factory - Any denim Rs999 only with the promo code
Reliance Jewels -
Rs2000 voucher (subject to minimum purchase of Rs49999 Diamond Jewellery),
Transaction discount applicable along with voucher

Transaction discounts/ offers

Reliance Trends - 10% Instant discount (maximum Rs750 per month)
AJIO - 5% Instant discount (maximum Rs1000 per month)
Centro - 10% Instant discount (maximum Rs2000)
Zivame/Clovia - 5% Instant discount (maximum Rs1000)
Converstory - 10% Instant discount (maximum Rs1000)
Grocery offline stores - 1 R One point on every Rs200 spent
Jiomart - 5% cashback on Jiomart Wallet (maximum Rs1000 per month), Redeemable in GM & Fashion categories only.
Urban Ladder - 5% Instant discount (maximum Rs750 per transaction)
Fashion Factory - 1 R One point on every Rs100 spent over and above the existing Rs200 spent.
Reliance Jewels -
2% Instant discount on making charges on Gold,
2% Instant discount on diamond invoice value.

Milestone Benefits​

• Spend Based Fee Reversal- Next year FEE waiver on Annual Spends of
• 1500 worth Reliance Retail Voucher on Annual Spends of Rs 75000 on list of Reliance Formats
• 2250 worth Reliance Retail Voucher on Annual Spends of Rs 150000 on list of Reliance Formats
• 5000 worth Reliance Retail Voucher on Annual Spends of Rs 300000 on list of Reliance Formats
• Click here For the list of all Reliance Formats.

Reward Benefits​

• 10 Reward Points per Rs 100 spent on list of Reliance Retail stores (except on UPI payments wherein 2 RP per 100 spent will accrue)
• 5 Reward Points per Rs 100 spent on Dinning, Movies, Entertainment, Airlines and International spends
• 2 Reward Points per Rs 100 spent on other retail purchased (except fuel, property rental, wallet upload)
• Each Reward Point = Rs. 0.25

Book My Show​

• 1 Movie ticket a month worth Rs. 250/-

Lounge Benefits​

• 8 complimentary Domestic Airport Lounges per calendar year (max. 2 per quarter), Click here for list of lounges.
• 4 complimentary International Airport Lounges per calendar year (max. 2 per quarter available from 15th Dec’23 onwards)

Fuel Surcharge Waiver​

• 1% surcharge across all petrol pumps in India, for transactions between Rs. 500/- and Rs. 4,000/- exclusive of GST and other charges

Other Benefits​

• Redeem your Rewards Points against Reliance Retail Vouchers. Click here to know where this voucher can be redeemable.

View attachment 33413
View attachment 33414

Abhishek ye discount vouchers aur transaction vouchers kaha milte hai?

 

[silly_putty]

Finally got the card after 1 and half months of waiting. Totally not worth it! Will wait for month end to activate the card.

 

[drsel]

View attachment 40758

Finally got the card after 1 and half months of waiting. Totally not worth it! Will wait for month end to activate the card.

It is not worth it why are you activating the card?

 

[ᏰᏋᎥᏁᎶᎥᏁፈᎧᎶ]

@Abhishek012 what's bin of these 2 cards?

 

[Abhishek012]

View attachment 40758

Finally got the card after 1 and half months of waiting. Totally not worth it! Will wait for month end to activate the card.

Reliance now offer 10% Instant discount on Jiomart online and Reliance offline stores on these SBI Reliance RuPay Credit cards.

All 4 offers link here - https://www.rupay.co.in/rupay-festive-carnival

 

[Abhishek012]

@Abhishek012 what's bin of these 2 cards?

SBI Prime Reliance RuPay JCB Credit Card BIN - 356177985

Red wale basic SBI Reliance RuPay JCB Credit card ka BIN @silly_putty batayega. 🤣🤣

by the way SBI bank offer 0% forex fee for RuPay JCB debit card. Maybe SBI RuPay JCB Credit card will also offer 0% forex fee.

 

[silly_putty]

It is not worth it why are you activating the card?

Took it as I'm planning to buy tv worth 1L in reliance digital, thought that the card would become free for 1 year and i could use it for Amazon offers as well.

 

[bhavik886151]

any body applied for reliance SBI Prime and got it

 

[drsel]

any body applied for reliance SBI Prime and got it

Avoid it.
SBI cashback is their best card and SBI Octane is the second best, provided you phone customer care to redeem the points as statement credit

 

[bhavik886151]

Avoid it.
SBI cashback is their best card and SBI Octane is the second best, provided you phone customer care to redeem the points as statement credit

i dont want cash back card as it is directly count as Income and already in 33% tax slab so reward points are get for me

 

[drsel]

i dont want cash back card as it is directly count as Income and already in 33% tax slab so reward points are get for me

It will just show as statement credit and not as interest income which is taxable

 

[bhavik886151]

It will just show as statement credit and not as interest income which is taxable

every month bill shows less amount then actual as cash back already deduct from the total bill so these cash back is directly consider as a income

 

[drsel]

every month bill shows less amount then actual as cash back already deduct from the total bill so these cash back is directly consider as a income

I never heard of anyone paying income tax on 5% cashback received from credit cards

 

[habibmy]

I never heard of anyone paying income tax on 5% cashback received from credit cards

Even I am paying IT on Cashback received in Amazon as Amazon Pay Gift card.

 

[habibmy]

i dont want cash back card as it is directly count as Income and already in 33% tax slab so reward points are get for me

Rewards points are also considered Gift received and its details should be furnished in Return.

 

[bhavik886151]

Rewards points are also considered Gift received and its details should be furnished in Return.

no there is no rules like that in income tax

 

[drsel]

Even I am paying IT on Cashback received in Amazon as Amazon Pay Gift card.

Then you will have to pay income tax on all gifts given to your children on birthdays also

 

[shrewdoc]

Then you will have to pay income tax on all gifts given to your children on birthdays also

Gifts from Blood Relatives & Linear Ascendants and Descendants are exempted and uncapped.

Recommend you to go through this link, it's adequately explained:

How are Gifts Taxed? - Gift Tax Exemption Relatives List

Know about gift tax, how are gifts taxed and when are gifts exempted from income tax. Find out how tax is treated on different types of gifts received.

cleartax.in

 

[habibmy]

Then you will have to pay income tax on all gifts given to your children on birthdays also

If you are giving gift to your children, you would have already paid Income Tax on Your Income. If someone else gifted something to your children, you will have to mention that in your ITR.

 

[habibmy]

no there is no rules like that in income tax

https://www.moneycontrol.com/news/business/now-pay-income-tax-on-cumulative-cashbacks-above-rs-50000-4140481.html

Gift Vouchers and Cashback Rewards From Digital Transactions Can Attract Income Tax

The cashback rewards we receive from the e-wallets and digital transactions are taxable after a specific limit as per the Income Tax Act.

news.cleartax.in

• If the taxpayer buys goods or services for personal use and the aggregate cashbacks are below INR 50,000 but the taxpayer has received other gifts during the financial year and the aggregate gifts received with the cashbacks exceed INR 50,000, cashbacks would be taxable.

Example –The taxpayer bought two goods on which he received a cashback of INR 5000 and INR 10,000. The taxpayer also received cash gifts from non-relatives totalling INR 40,000. In this case, though the total cashback received is lower than INR 50,000 but the aggregate value of gifts received and cashbacks is INR 55,000 and so the cashbacks would be taxable.