IS SBI cashback card a scam?

[ak7550]

It seems like SBI Card is scamming people under the name of cashback card, which is supposed to provide 5% cash back in all online transactions (except Insurance, utility bill payments and other standard exemptions.) I am using this card for all my online transactions from last 2years. Recently I am noticing that instead of getting 5% cashback in my credit card statement, I am getting overall 2.9-3% cashback although all of my transactions are online transaction.

I tried to contact with SBI Card customer care team to discuss about this matter and explain if there's any recent changes in their t&c. But it seems like no-one either do not know the exact answer or not ready to response to their customers.

I am attaching a screenshot of my recent credit card statement, along with the cash back that I have received.

Does anyone know about any recent changes about SBI cashback card's cashback policy?



If you see here, I have made 1 insurance premium worth 1411 to policy bazar, rest of all the transactions are normal online transaction. But despite of all I have received only 297 rupees as cashback in this billing cycle.

 

[tachniki]

Yes. Have not received yet as transaction is not settled.

only 3.33% reward points🙁

 

[Rsuman3]

It seems like SBI Card is scamming people under the name of cashback card, which is supposed to provide 5% cash back in all online transactions (except Insurance, utility bill payments and other standard exemptions.) I am using this card for all my online transactions from last 2years. Recently I am noticing that instead of getting 5% cashback in my credit card statement, I am getting overall 2.9-3% cashback although all of my transactions are online transaction.

I tried to contact with SBI Card customer care team to discuss about this matter and explain if there's any recent changes in their t&c. But it seems like no-one either do not know the exact answer or not ready to response to their customers.

I am attaching a screenshot of my recent credit card statement, along with the cash back that I have received.

Does anyone know about any recent changes about SBI cashback card's cashback policy?

View attachment 73282

If you see here, I have made 1 insurance premium worth 1411 to policy bazar, rest of all the transactions are normal online transaction. But despite of all I have received only 297 rupees as cashback in this billing cycle.

You are right Dear ,I am also using this card since last two years .I also noticed same .stop using it now more often .this card is not of that worth ,what it's features says or SBI claims.

 

[Arkapal Sen]

You are right Dear ,I am also using this card since last two years .I also noticed same .stop using it now more often .this card is not of that worth ,what it's features says or SBI claims.

me who earned 11000rs cashback within 5months and spend 2.3lac in 5months..just know how to use it..

 

[Rsuman3]

me who earned 11000rs cashback within 5months and spend 2.3lac in 5months..just know how to use it..

Major drawback of this card there is no instant discount offer ,in instant discount offer one can earn more ...

 

[Shubham7]

Major drawback of this card there is no instant discount offer ,in instant discount offer one can earn more ...

+1
43 days old card , 2.12L spend , 9191 rs cashback. Abhi bhi ye month ka 150 cb baaki rkha hai petrol ke liye 😜 .

May month me mene cashback ke jagah octane liya tha. Socha tha cb jyada useful nhi rhega already millennia+ Amazon hai isliye . Lekin 2 months me 9k cb 😍 . 4-5 lakhs spend krne ke baad LTF ke try krunga ab .....

 

[Arkapal Sen]

+1
43 days old card , 2.12L spend , 9191 rs cashback. Abhi bhi ye month ka 150 cb baaki rkha hai petrol ke liye 😜 .

May month me mene cashback ke jagah octane liya tha. Socha tha cb jyada useful nhi rhega already millennia+ Amazon hai isliye . Lekin 2 months me 9k cb 😍 . 4-5 lakhs spend krne ke baad LTF ke try krunga ab .....

instant comes only during sale..and sales come in few times in whole year..rest of the time cb card keeps u going..getting simply cc is easy from sbi

 

[tachniki]

Major drawback of this card there is no instant discount offer ,in instant discount offer one can earn more ...

Yes. Lets protest against this card. Lets stop using it. And lets not renew it hereafter. 🤷🏾

 

[habibmy]

Major drawback of this card there is no instant discount offer ,in instant discount offer one can earn more ...

Instant Discount work on Flipkart most of the times.

 

[Shubham7]

instant comes only during sale..and sales come in few times in whole year..rest of the time cb card keeps u going..getting simply cc is easy from sbi

Bro tumhare hi comments ko reply de rha tha usko galati se reply ho gaya .

 

[Arkapal Sen]

Bro tumhare hi comments ko reply de rha tha usko galati se reply ho gaya .

r e koi nei vai..chalta hai sab

 

[sambitpatro]

Instant Discount work on Flipkart most of the times.

Yeah I have also seen instant discount gets applied in sbi cashback during sale

 

[Arkapal Sen]

Yeah I have also seen instant discount gets applied in sbi cashback during sale

one of my frnd took tab s9 plus..with 7500rs instant disc + 5% cb on this card..actual cost was 68k of tab

 

[Prem03]

Major drawback of this card there is no instant discount offer ,in instant discount offer one can earn more ...

SBI is not stopping you to take another card. Single card cannot give you everything. I took SBI BPCL just for sales and using it for fuel recovers nominal fee easily.
In simple words your expectation from a cashback card is completely wrong.

 

[Arkapal Sen]

SBI is not stopping you to take another card. Single card cannot give you everything. I took SBI BPCL just for sales and using it for fuel recovers nominal fee easily.
In simple words your expectation from a cashback card is completely wrong.

bpcl is better than simply..reason..gives u rp on fuel..simply doesnt..both works in sales..both doesnt give rp in sales..bpcl has 50k waiver limit..simply has 1lac