Need help with Sbi Cashback card

[HarshitRajput]

I want to know that suppose, I spent 10k and bill generated on 1st Jan with 10k as total amount due...
then, 500 cashback credit on next day...

Now how much payment should I make? 10k or 9500??

 

[iAmPm]

You should pay 10K that is your bill amount. 500 cashback will be added in next statement. So your next billed amount would be 500Rs less.
So in short you always have to pay what is mentioned as total due(total billed spend - previous cycle cashback). You don't have to perform any calculation they will do that for you.

 

[metal_heart]

9500/-

 

[Walter White]

I want to know that suppose, I spent 10k and bill generated on 1st Jan with 10k as total amount due...
then, 500 cashback credit on next day...

Now how much payment should I make? 10k or 9500??

Always pay the amount mentioned on statement. Cashback will get adjusted in next billing cycle.

 

[masumshah59]

Technically u can pay 9500 but its advisable to pay 10000 full to avoid any mess. U can decide depending on Amount. If it's very high than u can skip. Else better to pay it off.

 

[souvikr]

I want to know that suppose, I spent 10k and bill generated on 1st Jan with 10k as total amount due...
then, 500 cashback credit on next day...

Now how much payment should I make? 10k or 9500??

Pay 9500 only. I have been doing the same from October, have not been charged any interest fee till now.