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.

 

[Daunt]

what are left?!

Forum be like -

 

[bigbyte]

what are left?!

 

[sm9811911]

what are left?!

Sbi unipay (only use for bbps cc) , parkplus when it starts working again, mobikwik 1k pm only though. Paytm cc bill and Cheq (but risk mcc might change). Try with small amount

 

[Abhishek012]

@VISHESH_BANSAL Maine abhi Mobikwik add money kiya aur "ONEMOBIKWIK" merchant name aaya, yeh Utility category hai, right ?

Payment gateway PayU open hua, na ki Zaakpay.

 

[bigbyte]

@VISHESH_BANSAL Maine abhi Mobikwik add money kiya aur "ONEMOBIKWIK" merchant name aaya, yeh Utility category hai, right ?

Payment gateway PayU open hua, na ki Zaakpay.

Abhishek Babu.... Asking or telling in the guise of asking ...😉

 

[VISHESH_BANSAL]

@VISHESH_BANSAL Maine abhi Mobikwik add money kiya aur "ONEMOBIKWIK" merchant name aaya, yeh Utility category hai, right ?

Payment gateway PayU open hua, na ki Zaakpay.

Wallet hi hai.
Mobikwik abb sirf Actual Utility Payments pe hi 4900 tag karta hai.

 

[Abhishek012]

Wallet hi hai.
Mobikwik abb sirf Actual Utility Payments pe hi 4900 tag karta hai.

Nahi yeh Utility hai. Confirm Kiya.

 

[VISHESH_BANSAL]

Nahi yeh Utility hai. Confirm Kiya.

Credit Card se add kiya ya DC se ?

 

[Abhishek012]

Credit Card se add kiya ya DC se ?

RuPay Prepaid card se, woh card pe Wallet transaction nahi hota hai.

Pahele bhi try kiya tha hamesa failed hota tha, aaj suddenly PayU gateway open hua, "ONEMOBIKWIK" merchant name aaya and success ho gaya.

 

[Deepak_Shetty]

I tried to use Pine perks rupay card for wallet load transaction, got merchant name ONEMOBIKWIK but still transaction got failed. I think it's like hit or miss. Or else Pinepeks doesn't permit utility transaction too?

RuPay Prepaid card se, woh card pe Wallet transaction nahi hota hai.

Pahele bhi try kiya tha hamesa failed hota tha, aaj suddenly PayU gateway open hua, "ONEMOBIKWIK" merchant name aaya and success ho gaya.

 

[MJN]

Dear All

I am using this card from Dec'23 and used 4 Lakhs till date; I will complete 5 lakhs before May 1st; Already got monthly 1k vouchers without any issue;

1)Will I get Annual 5k voucher? If yes,When?
2) Will I get Annual fee waiver?
3) Can I use wallet load/cc bills for this month to complete my 1L to get Monthly voucher till May 1st?

 

[Daunt]

Dear All

I am using this card from Dec'23 and used 4 Lakhs till date; I will complete 5 lakhs before May 1st; Already got monthly 1k vouchers without any issue;

1)Will I get Annual 5k voucher? If yes,When?
2) Will I get Annual fee waiver?
3) Can I use wallet load/cc bills for this month to complete my 1L to get Monthly voucher till May 1st?

1. Yes, after 13 months completion
2. Yes
3. Yes

 

[Rdspam]

I tried to use Pine perks rupay card for wallet load transaction, got merchant name ONEMOBIKWIK but still transaction got failed. I think it's like hit or miss. Or else Pinepeks doesn't permit utility transaction too?

Hit or miss? Did it ever hit for you or is it always misses so far?

 

[Deepak_Shetty]

Hit or miss? Did it ever hit for you or is it always misses so far?

Pine perks doesn't allow wallet transaction but Abhishek has told that he got utility MCC for recent wallet transaction. But while checking myself, transaction has been declined. So asking him.

 

[Abhishek012]

I tried to use Pine perks rupay card for wallet load transaction, got merchant name ONEMOBIKWIK but still transaction got failed. I think it's like hit or miss. Or else Pinepeks doesn't permit utility transaction too?

2 types of Pineperks RuPay gift card available.

I think Prime variant also disabled for Utility category.

 

[Abhishek012]

SBI unipay se HDFC CC billpay successfully ho gaya DC se.

Hope next month se sahi se kam kare aise he taki RBL Signature+ Dc ko loot paye. 🤣🤣

Small amount kar k try karna Rs100, phir Rs1000, Utne amount ka he try karna jitna ka approx 15-20 din tak refund aane me sahe sakte ho.

Aise ab refund thora fast aa raha hai failed hone par.

 

[bigbyte]

SBI unipay se HDFC CC billpay successfully ho gaya DC se.

Hope next month se sahi se kam kare aise he taki RBL Signature+ Dc ko loot paye. 🤣🤣

Small amount kar k try karna Rs100, phir Rs1000, Utne amount ka he try karna jitna ka approx 15-20 din tak refund aane me sahe sakte.

Aise ab refund thora fast aa raha hai failed hone par.

SBI se baat karke is problem ko theek Kara dau Abhishek Bhai. Ekdum perfect karwa dau.

 

[asyd]

SBI se baat karke is problem ko theek Kara dau Abhishek Bhai. Ekdum perfect karwa dau.

Itna bhi perfect mat karwao ki MCC utility se financial/CC payments mein aajaye! 🫠

Translation: Don't make it so perfect that the MCC changes from utility to financial/CC payments!

 

[Pravin1156]

Hi Technofino Team, Any other possibilities to avail that 1% voucher through merchant outlets or other available platforms in india

 

[Abhishek012]

SBI unipay working perfectly.

Next month everyone use SBI Unipay for Credit Card bill payment. RBL signature+ DC and get 2% cashback.