It's the same tactic that Google Pay uses to offer you up to Rs.1000 scratch cards when mostly you will get better luck next time.
But competition is always healthy and banks seems small so they might be willing to offer better rewards to build reputation than already established ones.
5% is just a gimmick
Phonepe has that share.market for stock market, this super.money sounds like inspiration of unique TLDs.
And in this image the tick looks like some old WhatsApp se uthayi hui emoji..
I have earned 200/- till today 25th july and now iam not getting cashback for which previously given also,ihave checked 4nos transactions each 80,65,50 and 20ruppess no cashback for all the transactions..Is there any limit on max cashback per user pet month? Pls clarify