SBI Card PhonePe SBI Card – CVP new SBI CC launching

[ahtsham]

Yes, its calendar month and also counts based on transaction settle date not on transaction date..

My Statement date is 3rd and thinking that i did 3k transaction on 31st aug, which was settled on 2nd sep, 300 rewards added and billed on 3rd statement..

Now i did transaction of 20k thinking its a new statement month.. but strangely i got only 1700 rewards instead of 2000

So, what's the usual settle time for upi and card otp transactions?

 

[Chiraggyl]

So, what's the usual settle time for upi and card otp transactions?

For me upi transactions mostly settle on next working day and otp transactions taking 2-3 days to settle

 

[Wealth is my birth right!]

So, what's the usual settle time for upi and card otp transactions?

For me ecomm 2 days upi next day

 

[ahtsham]

For me ecomm 2 days upi next day

I have noticed upi transactions done before 12pm settle next day. And after 12 pm transactions settle after 1 day. Means they settle in batches. Batch of upi Transactions done upto 12pm today are settled by tomorrow morning.
Can anyone else confirm this pattern?

 

[pramuknura]

Just to double check, can some one pls confirm if below merchant gives 10%?

PHONEPE INSURANCE

While paying via UPI, the payment to shows as HDFC ERGO and at the bottom the reference url is www.phonepe.com and while trying to pay with card and otp getting the two below merchant names. Can someone pls confirm which is eligible for 10%?

PHONEPE INSURANCE
PHONEPEINSURANCE

 

[everything]

This 2000 capping for 10% cb on Phonepe is per billing cycle or per calendar month? Can anyone confirm this?

https://www.sbicard.com/sbi-card-en/assets/docs/pdf/ekit-tncs/PhonePe-select-ekit.pdf

Please check this one

 

[summary1256]

Are you sure...

Colander month (confirmed) and based on tx settlement date, as @Chiraggyl mentioned.

 

[HumorSimpson]

@Anupama_Jha read that you got this cc recently. Please inform us if there is any deviation in the table.

Click the reader mode button on this thread to see the table.

 

[pramuknura]

While paying via UPI, the payment to shows as HDFC ERGO and at the bottom the reference url is www.phonepe.com and while trying to pay with card and otp getting the two below merchant names. Can someone pls confirm which is eligible for 10%?

PHONEPE INSURANCE
PHONEPEINSURANCE

@HumorSimpson do you know?

 

[Sree CC]

@HumorSimpson do you know?

Pay via UPI, You will get 10% upto 2000 rewards.
Don't know about OTP mode of payment
@Abhishek012 can you?

 

[pramuknura]

Pay via UPI, You will get 10% upto 2000 rewards.
Don't know about OTP mode of payment
@Abhishek012 can you?

Yes thought so, but on the UPI pin's page i got the merchant name shows as below which caused the confusion. I'm trying to renew my car insurance btw.

 

[Abhishek012]

Yes thought so, but on the UPI pin's page i got the merchant name shows as below which caused the confusion. I'm trying to renew my car insurance btw.

View attachment 109514

Just a few hours ago, someone said in a WhatsApp group that he got 10% cashback on car insurance after making the payment through UPI.

 

[bravothemaverick]

I did 2 jio recharges & interestingly I got different merchant names - first time it was 'phonepe' but second time it was 'JioRecharge'. Would be interesting to see if both tranx get 10% CB. One was through upi pin (0.8% including GST) & the other was cc OTP mode (1.5% including GST) 🤔

 

[HumorSimpson]

I did 2 jio recharges & interestingly I got different merchant names - first time it was 'phonepe' but second time it was 'JioRecharge'. Would be interesting to see if both tranx get 10% CB

UPI or CC OTP ? Also mention inconvenience charges.

 

[Abhishek012]

I did 2 jio recharges & interestingly I got different merchant names - first time it was 'phonepe' but second time it was 'JioRecharge'. Would be interesting to see if both tranx get 10% CB. One was through rupay pin (0.8% including GST) & the other was cc OTP mode (1.5% including GST) 🤔

RuPay PIN or UPI PIN ?

you will get 10% cb on both transaction.

Prepaid/postpaid recharge - UPI charge lowest conv fee.

So always use UPI.

 

[bravothemaverick]

RuPay PIN or UPI PIN ?

you will get 10% cb on both transaction.

Prepaid/postpaid recharge - UPI charge lowest conv fee.

So always use UPI.

UPI pin - updated in original post. Hopefully 10% cb then

 

[pramuknura]

Just a few hours ago, someone said in a WhatsApp group that he got 10% cashback on car insurance after making the payment through UPI.

I just paid via UPI, the merchant name show as "HDFC Ergo' in the recent transactions. Will come to know in couple of days.