New Cashback SBI card launched!

[pjain2712]

5% Cashback on all online spends upto ₹10000, without any merchant restrictions.

Cashback not applicable on Rent Payments, Wallet Loads, Merchant EMIs, Cash Advances, Balance Transfer, Encash & Flexipay.



Application link: Click here to apply for cashback card

Card Review: https://www.technofino.in/sbi-cashback-credit-card-review/

UPDATE: CASHBACK SBI Card will be revised w.e.f. 01 May'23. For details, click https://sbicard.com/CashbackCard

 

[Credit Karma]

Have a saving account with them, but no cc, Applied on Tuesday and had a verification slot for Wednesday no one has shown up so far, no msgs, no emails. Had one call stating the agent will come on Thursday, but no that didn't happen. I doubt we are getting any priority above the rest. Maybe no relations with SBI whatsoever are the ones enjoying all the attention.

I had a savings account with SBI but it is dormant since 2016.

Not sure I come in the category of "no relation whatsoever".

 

[H2O]

Just received this, so i need to call customer care for the limit transfer to my cashback card.

Dear Cardholder, your Application No. xxxxxxxxxxxxx for new SBI Credit Card has been processed. The new credit limit on your existing card is Rs. 250000, and the combined credit limit on both your cards is Rs. 260000. To check your eligibility for Credit Limit Increase.

 

[rayhan12]

Have annual cibil subscription. Get notified the moment there is a new enquiry. Though not that much of use other than maybe a daily refresh(though i hardly ever check it) but got the subsciption at a discount last year so have been enjoying it.

that's great.

 

[Pujaari]

Just received this, so i need to call customer care for the limit transfer to my cashback card.

Dear Cardholder, your Application No. xxxxxxxxxxxxx for new SBI Credit Card has been processed. The new credit limit on your existing card is Rs. 250000, and the combined credit limit on both your cards is Rs. 260000. To check your eligibility for Credit Limit Increase.

So your current limit was 260k and they deducted 10k for the cashback card right? I havent got card confirmation but seems mine is the same case too since the limit has been deducted by 10k. Technically its our total sanctioned limit and they cant stop us from having any limit combinations for both the cards.
Do share your experience once you manage to get it changed through CC

 

[manikP]

I applied on 1st September, Completed my vkyc on 7th September, got esign call same day and got 11 day sms on 9th and another 11 day sms on 10th. got another call asking my designation on 14th, and today I see in the app that my existing card limit has been reduced by 10000.

So can I assume that my card has been approved or there is still a chance of rejection?

 

[H2O]

Yes.

So your current limit was 260k and they deducted 10k for the cashback card right? I havent got card confirmation but seems mine is the same case too since the limit has been deducted by 10k. Technically its our total sanctioned limit and they cant stop us from having any limit combinations for both the cards.
Do share your experience once you manage to get it changed through CC

 

[H2O]

I applied on 1st September, Completed my vkyc on 7th September, got esign call same day and got 11 day sms on 9th and another 11 day sms on 10th. got another call asking my designation on 14th, and today I see in the app that my existing card limit has been reduced by 10000.

So can I assume that my card has been approved or there is still a chance of rejection?

Approved bro. Check from drop down where last 4 digits of current cards are shown. If you can see new card there.

 

[manikP]

Approved bro. Check from drop down where last 4 digits of current cards are shown. If you can see new card there.

No I don't see anything, I only see my 2 existing cards

 

[Pujaari]

I would like to believe that but knowing SBI one can never be sure till you get a confirmation/see the card added in your account . Hand toes fingers all crossed ..hehe

I applied on 1st September, Completed my vkyc on 7th September, got esign call same day and got 11 day sms on 9th and another 11 day sms on 10th. got another call asking my designation on 14th, and today I see in the app that my existing card limit has been reduced by 10000.

So can I assume that my card has been approved or there is still a chance of rejection?

 

[H2O]

No I don't see anything, I only see my 2 existing cards

Wait then.

 

[Pujaari]

Just received this, so i need to call customer care for the limit transfer to my cashback card.

Dear Cardholder, your Application No. xxxxxxxxxxxxx for new SBI Credit Card has been processed. The new credit limit on your existing card is Rs. 250000, and the combined credit limit on both your cards is Rs. 260000. To check your eligibility for Credit Limit Increase.

Just received this, so i need to call customer care for the limit transfer to my cashback card.

Dear Cardholder, your Application No. xxxxxxxxxxxxx for new SBI Credit Card has been processed. The new credit limit on your existing card is Rs. 250000, and the combined credit limit on both your cards is Rs. 260000. To check your eligibility for Credit Limit Increase.

So going by the above message, suppose you were to ask the customer care to close your existing card, wouldnt the entire limit be added to the cashback card automatically?

 

[Yoman]

Wait then.

I can see this message when I click on get new card in my sbicard app. Did you also received this popup message?

 

[manikP]

So going by the above message, suppose you were to ask the customer care to close your existing card, wouldnt the entire limit be added to the cashback card automatically?

Nah, I recently closed my ola money card, although its closed, updated in cibil and everything, but I still see it in my sbi card app and limit was not added to my existing card.

 

[H2O]

I can see this message when I click on get new card in my sbicard app. Did you also received this popup message?

Yes, i can still see that message even when my card is already dispatched. You might receive your new card details in sbi login in next 2-3 days.

 

[H2O]

So going by the above message, suppose you were to ask the customer care to close your existing card, wouldnt the entire limit be added to the cashback card automatically?

I haven’t asked cc yet, will ask once my card is delivered, mostly by tomorrow.

 

[Pujaari]

Nah, I recently closed my ola money card, although its closed, updated in cibil and everything, but I still see it in my sbi card app and limit was not added to my existing card.

Hmm. Maybe sbi takes some time updating it and maybe it doesnt want you to reapply for another card (more than 3)before the time period. Also ola money is co branded so a a different category than cashback card. Also was credit limit deducted from ola card and added to your issued card is the question

 

[PavanPavan is verified member.]

I can see this message when I click on get new card in my sbicard app. Did you also received this popup message?

How to go to this section ?

 

[manikP]

Hmm. Maybe sbi takes some time updating it and maybe it doesnt want you to reapply for another card (more than 3)before the time period. Also ola money is co branded so a a different category than cashback card. Also was credit limit deducted from ola card and added to your issued card is the question

No it is deducted from the other card(IRCTC) which is again a co-branded card

 

[Pujaari]

Oh ok. So you mean to say that your irctcs cards limit got reduced when ola card was issued and now when you shut it, irctcs limit wasnt restored back to the original?

No it is deducted from the other card(IRCTC) which is again a co-branded card

 

[manikP]

Oh ok. So you mean to say that your irctcs cards limit got reduced when ola card was issued and now when you shut it, irctcs limit wasnt restored back to the original?

Yes