Change in T&C for SBI Vistara Cards

[Walter White]

SBI has shamelessly changed T&C on their Vistara Cards without even giving a prior intimation about it to customers.

With this new rule coming into place, bank can deduct statement debit charges even on transactions made before the month of June claiming that this rule has already been existing. Also, they have not changed file name for years now. Anyone who doesn't have the old T&C will face a tough time in getting statement debit reversed.

From the new version: (updated on June 1)



Older Version:

 

[Shrinit Padwal]

SBI has shamelessly changed T&C on their Vistara Cards without even giving a prior intimation about it to customers.

From the new version: (updated on June 1)

View attachment 20557

Older Version:

View attachment 20558

What was the conversion value before?

 

[Walter White]

What was the conversion value before?

1 CV point=1INR. But they never mentioned it anywhere.

 

[NikunjP]

Expensive. We can generally value it between 0.5 to 0.7 Rupee per CV point.

 

[TheMentalist]

SBI has shamelessly changed T&C on their Vistara Cards without even giving a prior intimation about it to customers.

With this new rule coming into place, bank can deduct statement debit charges even on transactions made before the month of June claiming that this rule has already been existing. Also, they have not changed file name for years now. Anyone who doesn't have the old T&C will face a tough time in getting statement debit reversed.

From the new version: (updated on June 1)

View attachment 20557

Older Version:

View attachment 20558

Any example of scenarios where this will be applicable (CV points adjusted as statement debit)?

 

[Walter White]

Any example of scenarios where this will be applicable (CV points adjusted as statement debit)?

SBI Card Discount offers on FK/Amazon. Basically, one will not get CV points in this case. One can either get the sale offer discount or the regular CV points, but not both. So, for any CV points credited, the same amount in INR will be adjusted as statement debit.