• Hey there! Welcome to TFC! View fewer ads on the website just by signing up on TF Community.

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

ramkumar_yramkumar_y is verified member.

TF Select
RML Group
VIP Lounge
Banker
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.
 

Attachments

@Abhishek012 Hi Abhishek bro, Today I made a credit card payment for SBI credit card through SBI Unipay. 1st Transaction of ₹100 then same amount after that ₹4000 & ₹5000 through debit card. The payment was very smooth and instant settlement. (Not failed)

You tried any other credit card payment other than SBI on SBI Unipay. Is that fast and instant settlement or confirm settlement to the credit card without fail.

Please tell your opinion bro
 
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
Can you explain Mobikwik 1k, Paytm cc bill and cheq? How these will give cashback and with which card?
 
I did hdfc dcb cc bill payment using rbl signature+ dc today in sbi unipay, it showed successfull but if I go to transaction history it is not showing anything...
Can anyone confirm if they dont update their transaction history after a successful or failed transaction?
 
I did hdfc dcb cc bill payment using rbl signature+ dc today in sbi unipay, it showed successfull but if I go to transaction history it is not showing anything...
Can anyone confirm if they dont update their transaction history after a successful or failed transaction?
Did it get credited in your DCB? How many days did it take to get the credit?
 
And kill the product next month everyone …which is already on the ventilator …
Mission accomplished.. sooner than expected!!!
1) SBI Unipay (Do multiple transaction, dnt do big amount, first try Rs100, if working then try 1k, 5k, 10k, 20k max per transaction). Dnt use SBI unipay at night.

2) Sri Ram one app - MCC is 4900 (Checked with RBL Bank) for SHRIRAM FINANCE Ltd on the payment gateway.
 
1) SBI Unipay (Do multiple transaction, dnt do big amount, first try Rs100, if working then try 1k, 5k, 10k, 20k max per transaction). Dnt use SBI unipay at night.

2) Sri Ram one app - MCC is 4900 (Checked with RBL Bank) for SHRIRAM FINANCE Ltd on the payment gateway.
Does Shiram app has only BBPS billers?
 
Back
Top