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All BOB Credit Cards devaluation alert

Effective from 15th November, 2022 BOB Financial going to change its reward system for all bob credit cards.
You'll earn 50% less reward for all spends done on special categories.

Screenshot_20221015_203537.jpg

MCC codes of all special categories are listed below-

Screenshot_20221015_203556.jpg
Major categories that are excluded-
Rent, utility bill payment, educational fees payment, government fees payment, insurance, supermarket etc.
This is really horrible!
 
Effective from 15th November, 2022 BOB Financial going to change its reward system for all bob credit cards.
You'll earn 50% less reward for all spends done on special categories.

View attachment 5791

MCC codes of all special categories are listed below-

View attachment 5792
Major categories that are excluded-
Rent, utility bill payment, educational fees payment, government fees payment, insurance, supermarket etc.
This is really horrible!
Please mention we will get 90% less rewards on these MCC for ETERNA as 5x also stopped ... Hence it's 5x to 0.5x for Eterna!!! 😥
 
Effective from 15th November, 2022 BOB Financial going to change its reward system for all bob credit cards.
You'll earn 50% less reward for all spends done on special categories.

View attachment 5791

MCC codes of all special categories are listed below-

View attachment 5792
Major categories that are excluded-
Rent, utility bill payment, educational fees payment, government fees payment, insurance, supermarket etc.
This is really horrible!
Eterna is now killed with this move too.
 
They even included fast food, transportation, super markets, convenience store etc in special category MCC. So where they want us to spend just Amazon and FK?

Big devaluation.
 
Would like to see which cards can survive by January, 2023?

I believe if this continues and every card removed/devalued Utilities and Insurance like this then PayTM and Amazon etc. will add convenience fee and we go back to UPI or Cash transactions.
Amazon has deep pockets no way they will add conv fee, Paytm already do
 
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