RBL Signature Plus Debit Card devalued

[ccdc]

Revision of RBL Bank Signature+ Debit Card Terms and Conditions:

As part of our constant endeavor to provide you with the best experience, we would like to highlight the following
benefits on your RBL Bank Signature+ Debit Card:

• Zero mark up on all your international spends carried out through POS/Online payments.
• Two (2) complimentary lounge access every quarter at select domestic airports.
• 1% monthly cashback as vouchers (up to INR 1,000) on minimum monthly spends of INR 10,000 on POS/Online
Payments.
• Annual Vouchers of INR 5,000 on spends of INR 5 lakhs on POS/Online Payments.
• Insurance cover up to INR 2 Crores
• Waiver on Annual fee pertaining to the subsequent year on carrying out minimum spends of INR 3 Lakhs on
POS/Online payments in the previous year.

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.

Merchant Category Codes & (MCC) Description:
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 01st May 2024 will be INR
25,000 for current account customers.

Disclaimer: The transactions for each category are identified through Merchant Category Codes (MCC), defined by the
card network such as Visa, MasterCard and RuPay. RBL Bank does not define the merchant category.

from April 1 amazon vouchers are only 50% of joining rewards given so only 2.5k i/o 5k.....other vouchers would be still 5k

 

[HumorSimpson]

More like black cat crossed your path

Means ... in simple language bad shagun ?

 

[HumorSimpson]

See, there are two ways to take pride…
1) by creation
2) by destruction…

People take their choices according to their tastes.

He thinks destroying visa/master etc is creating path for rupay.

 

[Vasuki]

Waise Ek baat hai. Indusind and IDFC k alawa.

HDFC bank DC ka devalue karwana easy nahi hai.

Jab mai yeh line bolta hu na ki "HDFC bank k pas bahot paisa hai" mai mazak me nahi bolta hu.

Chahe me kitna bhi HDFC DC ka share karu, devalue nahi hone wala bhai easily.

Next to impossible hai.

HDFC after merger is mota Seth

 

[SSV]

He thinks destroying visa/master etc is creating path for rupay.

This is very naive…
Markets won’t work that way in the long term !!
You will come to know as you age

 

[Vasuki]

Means ... in simple language bad shagun ?

Haan 🥹 .

 

[Vasuki]

This is very naive…

Due to rbi no change in repo rate banks are just doing something.& With no work on hand they are nitpicking small rewards

 

[HumorSimpson]

This is very naive…
Market won’t work that way..
You will come to know as you age

He thinks, doesn't mean I too think that way. I just stated his work and thought process.

 

[SSV]

He thinks destroying visa/master etc is creating path for rupay.

Rupay will disappear / will be placed as a cheap crap if they continue to work the way they work now …

 

[kushhh]

Saare credit card and debit card kiske karan devalue ho rahe hai mujhe pata hai but mai apna moo kuch saalo baad kholunga.

Abhi bata diya toh devaluation ruk ja sakta hai.

Bhaiya ji, ISRO ki batein Kiya Karo , ye sab moh Maya hai

 

[SSV]

He thinks, doesn't mean I too think that way. I just stated his work and thought process.

I understand it that you are only a messenger in this case

 

[HumorSimpson]

Rupay will disappear / will be placed as a cheap carp if they continue to work the way they work now …

Means ? Isn't good enough for payments and card gateways ?

 

[Abhishek012]

He thinks destroying visa/master etc is creating path for rupay.

Here you guys are wrong, i want every credit/debit cards will get devalue including RuPay too.

If you remember, i told many times here on TF, Banks should not give RP on UPI spends of less than Rs 2,000.

Above 2k, i think few % RP is enough without any capping.

When i said, bank should charge 1% on Rent, Wallet, Education etc payment. I also want these charges on RuPay variant CC too.

 

[Vasuki]

Here you guys are wrong, i want every credit/debit cards will get devalue including RuPay too.

If you remember, i told many times here on TF, Banks should not give RP on UPI spends of less than Rs 2,000.

Above 2k, i think few % RP is enough without any capping.

When i said, bank should charge 1% on Rent, Wallet, Education etc payment. I also want these charges on RuPay variant CC too.

What will happen after doing this

 

[HumorSimpson]

Here you guys are wrong, i want every credit/debit cards will get devalue including RuPay too.

If you remember, i told many times here on TF, Banks should not give RP on UPI spends of less than Rs 2,000.

Above 2k, i think few % RP is enoguh without any capping.

When i said, bank should charge 1% on Rent, Wallet, Education etc payment. I also want these charges on RuPay variant CC too.

ok.

cc : @S S V

 

[HumorSimpson]

What will happen after doing this

punarapi jananam punarapi maranam.

 

[ashwinkashwink is verified member.]

Waise Ek baat hai. Indusind and IDFC k alawa.

HDFC bank DC ka devalue karwana easy nahi hai.

Jab mai yeh line bolta hu na ki "HDFC bank k pas bahot paisa hai" mai mazak me nahi bolta hu.

Chahe me kitna bhi HDFC DC ka share karu, devalue nahi hone wala bhai easily.

Next to impossible hai.

Scared Dictator 😶‍🌫️

 

[SSV]

Means ? Isn't good enough for payments and card gateways ?

Again , there are two ways you can build your business
1) focus on building your strengths and be real part of the market forces by positively contributing to the market and show your value continuously in this commercial world
2) try to play upper hand by undermining the opposition…

However in the above case both those two ways have to go hand in hand..
only doing one will not be enough../
People thinking by doing point no 2 , will take to their destination in the commercial world are day dreaming

 

[Vasuki]

Scared Dictator 😶‍🌫️

Aladimir jutin .

 

[VISHESH_BANSAL]

Here you guys are wrong, i want every credit/debit cards will get devalue including RuPay too.

If you remember, i told many times here on TF, Banks should not give RP on UPI spends of less than Rs 2,000.

Above 2k, i think few % RP is enough without any capping.

When i said, bank should charge 1% on Rent, Wallet, Education etc payment. I also want these charges on RuPay variant CC too.

Amazon Friday ka Update do bhai.

Mera AU Plat renew hona hai😂

Offer live nhi hoga toh renewal charges pay nhi karuga😂

 

[Vasuki]

punarapi jananam punarapi maranam.

I will pretend as if I understood it all