Devaluation RBL Signature+ DC Devalued - No More Cashback on Credit Card payments & GC Purchase

[ramkumar_yramkumar_y is verified member.]

RBL Signature+ Debit Card Devalued - No More Cashback Voucher on Credit Card Payment & Gift Card related MCC.

While you continue to make the most of your RBL Bank Signature+ Debit Card, we would like to update you with respect to the updated calculations for spends threshold and transactions that will be excluded for availing Monthly Voucher/Annual Voucher/waiver of annual fee, effective 01st May 2024:

1.International transactions and/or transactions carried out on the Merchant Category Codes (MCC) listed below will be excluded from availing Monthly and Annual vouchers and will also not be considered for availing the benefits of the waiver of Annual Fee:

6012- Financial Institutions – Merchandise, Services, and Debt Repayment
6051 - Non-Financial Institutions – Foreign Currency, effective through 19 January 2024, Non-Fiat Currency and effective from 20 January 2024 Liquid and Cryptocurrency Assets (for example: Cryptocurrency), Money Orders (Not Money Transfer), Account Funding (not Stored Value Load), Travelers Cheques, and Debt Repayment
6540- Non-Financial Institutions – Stored Value Card Purchase/Load
6211- Security Brokers/Dealers

2. The minimum spends threshold for being eligible for Monthly vouchers with effect from 1 May 2024 will be INR 25,000 for current account customers.

Full circular attached below.

 

[Vasuki]

Tumhe lagta hai yaha tumahre doubts koi clear karega ager use pata bhi ho toh?

Mai khud apna dimag laga lunga, bas yuhi puch raha hu. 🤣🤣

 

[AlphaCAT]

Aisa koi saga nahi
Jisko bank ne thaga nhi

Thagoo ke ladoo 😂

 

[samm255]

Mai khud apna dimag laga lunga, bas yuhi puch raha hu

bahut maze aa rahe hain tumhe jab se SPDC devalue hua hai 😆

 

[silly_putty]

5k threshold wese bhi cross karliya hai. Gv leke boriya bistar band ke chala jaunga uske baad.

 

[SunnyHarsha]

13 months completed for my spdc card but i did not received annual voucher of 5k.. When can i expect that..

 

[vm999]

Any idea on what's the mcc code for adding in Amazon pay wallet? Couldn't find this info anywhere

 

[NShah]

Any idea on what's the mcc code for adding in Amazon pay wallet? Couldn't find this info anywhere

6540 Wallet load

 

[Phonix_YT]

6540 Wallet load

so wallet load is also gone?

 

[NShah]

so wallet load is also gone?

H m m

 

[bigbyte]

so wallet load is also gone?

Good Morning 🌄

 

[dungeonMaster]

Till 1st may we can use?

 

[Harsha896]

Till 1st may we can use?

Yes can use. After 1st may need to find valid MCC 😅

 

[S.B.N.B]

1.baja add money ka mcc kya hai.. heard its 4900 thats utility but it should not as tide give cb in bajaj load.. tide dont give cb on utility.
2. Airtel wallet load and airtel se cc payment dono ka mcc same hai ? And kya hai.. dm
3. Threads ko clean rahne do itni faltu ki baate hongi to sabko problem hoga. Kaam ki chij dhundhne me..
4.axis and yes bank to utility and wallet par extra charges laga rahe to koi option hai inka..
5.tata neu cc wallet par to cb nahi deta hai? Ye mcc code alag alag merchant par vary karta hai kya.. like tide ke liye wallet hai bajaja.. but hdfc ke liye utility? Confirm kar sakta hai kya koi..

 

[kowsikbabu]

Man we really need MCC codes for parkplus

 

[RupayMan]

Man we really need MCC codes for parkplus

Park plus removed debit card option recently

 

[samm255]

Man we really need MCC codes for parkplus

Its under Toll and Bridge Fees

 

[VISION]

yes park+ removed debit card tried today, only upi/net banking available!

 

[kowsikbabu]

Park plus removed debit card option recently

Man, this sucks. So only very few options left for RBL Signature+

 

[RupayMan]

Man, this sucks. So only very few options left for RBL Signature+

Yes! Let's all move to Earth 647. No devaluation there.

 

[VISION]

Man, this sucks. So only very few options left for RBL Signature+

what are left?!