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

[ramkumar_y]

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.

 

[P B R G]

which bak we are talking about here?

Talking about the best DC EVER EVER EVER.

 

[SSV]

Talking about the best DC EVER EVER EVER.

then my bestie for ever ever ever will answer this

 

[P B R G]

then my bestie for ever ever ever will answer this

Let me tag your bestie then

@Abhishek012

 

[Harsha896]

Guys, what happens incase one is not able to accumulate 1000 points and falls short of say 1 point. Will they allow him to redeem 999 points?

I am assuming it would be multiples of 250/500/750/1000 only.

Which then leads to my second question, what would happen to the remaining 249 points incase 750 points are redeemed?

Will it be carry forwarded to next month or forfeited?

Yes it's upto 1000 points.. you don't need to spend full 1 lakh. Anything above 10k per month will fetch you 1% points. Monthly milestone points have a validity of 3 months. You can accumulate remaining points for next month and use at a time in multiples of 250.

 

[Survivor35]

Yes it's upto 1000 points.. you don't need to spend full 1 lakh. Anything above 10k per month will fetch you 1% points. Monthly milestone points have a validity of 3 months. You can accumulate remaining points for next month and use at a time in multiples of 250.

Lets say that i havent used sig dc in May and in June i make payments of 2L ,Will i get 2k voucher.

 

[pinki]

Lets say that i havent used sig dc in May and in June i make payments of 2L ,Will i get 2k voucher.

No , only till 1L is rewarded irrespective u made any payment in last month or not!

 

[Survivor35]

No , only till 1L is rewarded irrespective u made any payment in last month or not!

so i wont get any vouchers in June bt will get voucher in July incase i have any successful mcc payments .am i right

 

[pinki]

Yes , for june payment , u get vouchers by 20 july and so on.

so i wont get any vouchers in June bt will get voucher in July incase i have any successful mcc payments .am i right

 

[the_dark_knight]

What other brand options are useful other than amazon pay voucher?
Hpay, uber available?

 

[Abhishek012]

What other brand options are useful other than amazon pay voucher?
Hpay, uber available?

Flipkart gv . .

 

[S.B.N.B]

Abhi use kaha ho raha? Sbiunipay need full payment for bbps . Airtel didnt settled my bbps payment waiting response.. shreeram no dc option.. what else left other than above option

 

[Abhishek012]

Abhi use kaha ho raha? Sbiunipay need full payment for bbps . Airtel didnt settled my bbps payment waiting response.. shreeram no dc option.. what else left other than above option

Try new Website for CC bill payment using debit card (Canara bank official website) -

Im not 100% sure but MCC - 4900 Utility, Try Rs100 payment and ask your bank your transaction MCC Code.

Pay bills

 

[P B R G]

Abhi use kaha ho raha? Sbiunipay need full payment for bbps . Airtel didnt settled my bbps payment waiting response.. shreeram no dc option.. what else left other than above option

Navi
Jio Finance
Tide

These apps allow payments from DC.

Try and let us know the MCC.

 

[er3shivam]

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.

@abhishek

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.

This all are results of people who are famous in this community promoting cards and benefits like these on twitter and social platform for their fame and followers. I hope we will stop doing at least social promotions on insta, youtube or twitter after this much devaluations.

 

[Abhishek012]

@abhishek




This all are results of people who are famous in this community promoting cards and benefits like these on twitter and social platform for their fame and followers. I hope we will stop doing at least social promotions on insta, youtube or twitter after this much devaluations.

Bro use your RBL Signature+ debit card on SBI Unipay, Airtel app and few other apps for credit card bill payment and get 2% Cashback.

 

[er3shivam]

Bro use your RBL Signature+ debit card on SBI Unipay, Airtel app and few other apps for credit card bill payment and get 2% Cashback.

so only milestone benefits are devalued ? Not the cashback on rent and CC bill payment ?

 

[SHUB11]

Any update on May month voucher?

 

[S.B.N.B]

Mera to milestone bhi is momth aana hai.. 1st monthly voucher was on may23.. should be june for milestone.. didn't received milestone not minthly till now expecting in 1 2 days

 

[mojo_jojo123]

anyone got voucher for May month ?

 

[Harsha896]

Yes salary credited just now