Is it issue for SBI CB if i use my whole limit and pay before statement genration ?

[Brijesh Ghosh]

Hi, I was issued SBI Cashback Card with limit of 39k. Though I submitted ITR for 13 lacs. For the past 3 months I am using up my limit, then paying early and using again. By this I am earning around 7-8k cashback per month. Will it be a problem for me?

 

[Wealth is my birth right!]

Hi, I was issued SBI Cashback Card with limit of 39k. Though I submitted ITR for 13 lacs. For the past 3 months I am using up my limit, then paying early and using again. By this I am earning around 7-8k cashback per month. Will it be a problem for me?

Before bill generation u r paying so no issues
But if it’s a IndusInd card then u can get cashback upto spends of 39k in a month
Sbi 👍

 

[Sreekar]

7-8k Cashback per month ! How ? Can you please elaborate @Brijesh Ghosh

 

[MS R]

Before bill generation u r paying so no issues
But if it’s a IndusInd card then u can get cashback upto spends of 39k in a month
Sbi 👍

39k??? plz explain

 

[MOhit __]

Hi, I was issued SBI Cashback Card with limit of 39k. Though I submitted ITR for 13 lacs. For the past 3 months I am using up my limit, then paying early and using again. By this I am earning around 7-8k cashback per month. Will it be a problem for me?

If this was Amazon pay or fk axis, it would have been blocked for sure. 39 k limit and earning 7-8k month 😀 very risky

 

[Slayer]

If this was Amazon pay or fk axis, it would have been blocked for sure. 39 k limit and earning 7-8k month 😀 very risky

How?

 

[Wealth is my birth right!]

39k??? plz explain

Whatever the credit limit u have in card u can use it full in one billing cycle
If u spend then pay and get limit and use again then it won’t qualify any rewards in IndusInd and some other banks

 

[Oscar]

Whatever the credit limit u have in card u can use it full in one billing cycle
If u spend then pay and get limit and use again then it won’t qualify any rewards in IndusInd and some other banks

+ IDFC