RBL Enterprise Debit Card - 5% cashback on Credit Card bill payment:
Note - If you are a small spender then you will earn 4.02% Cashback to 5% Cashback or if you are a heavy spender then you will earn 1.24% cashback to 1.4% cashback. Read full post carefully to get all information + Extra cashback earning info too.
Joining Fee - INR 7,500+GST (Get Joining Vouchers INR 8,500)
- Monthly & Annual Cashbacks on spends
- 2 Complementary Lounge Access per quarter at Domestic Airports
- Zero fee /Charges on International Spends in Foreign Currency (POS/Ecom)
Annual fee of INR 2,000 will be charged from 2nd year onwards.
Joining Vouchers -
i. The Cardmember(s) shall get a link on their registered mobile number/email after activation of the Enterprise Debit Card by doing one transaction on POS and/or through Online payments using the Enterprise Debit Card within ninety (90) days of card issuance to claim vouchers worth INR 7,500.
ii. The Cardmember(s) will get a link on their registered mobile number/email to claim further joining vouchers worth INR 1,000 after making minimum transactions amounting to INR 25,000 on POS and/or through Online payments using the Enterprise Debit Card within 90 days of card issuance.
iii. The joining vouchers shall be valid for a period of 90 days from the date of receipt of the link by the Cardmember(s). Post 90 days the Cardmember(s) would not be able to claim the vouchers.
iv. The Cardmember(s) shall receive a SMS/ email within thirty (30) days of fulfilling the eligibility criteria which will contain a website link/ URL to claim the voucher amounts mentioned above.
Monthly Cashback as Vouchers
Get Monthly Cash Back as vouchers on minimum monthly transactions of INR 20,000 on POS/Online payments on below categories:
- 1% cash back as vouchers on Fuel (max up to INR 1,500 per month) (petrol/diesel – MCC 5542, 5541, 5172, 5983)
- 5% cash back as vouchers on Flight booking (max up to INR 500 per month) (travel/flight tickets MCC - 4511, 4722, 3000, 3299)
- 5% cash back as vouchers on OTT subscription & Telecom (max up to INR 500 per month) (MCC 5968, 4899, Telecom MCC - 4814)
- 5% cash back as vouchers on utility payments (max up to INR 1,000 per month) (MCC – 4900, 4812 & 4816)
Please Note: With effect from May 01, 2024, in case of Current Account minimum monthly transaction of INR 25,000 on POS/Online payment would be required to be eligible for monthly cashback as vouchers on the above categories.
Annual Vouchers
- Get Annual vouchers up to INR 9,000 on spends of INR 15 lakhs in a year
*Get vouchers worth INR 2,000 on spends of INR 5 lakhs in a year + Get additional vouchers worth INR 3,000 on spends of INR 10 lakhs in a year + Get additional vouchers worth INR 4,000 on spends of INR 15 lakhs in same year.
Please Note: W.e.f May 01, 2024, International transactions and/or transactions carried out on the Merchant Category Codes (MCC – 6012, 6051, 6540, 6211) will be excluded from availing Monthly cashback as voucher/ Annual vouchers.
2 Complementary Lounge Access per quarter at Domestic Airports (Total 8 Lounge Access per year)
List of lounges for MasterCard cardholders click
here
List of lounges for Visa cardholders click
here
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Where to Pay Credit Card Bill and earn Cashback -
Now Pay Credit Card bill through SBI Unipay website -
https://customer.sbiunipay.sbi/CustomerPortal/quickPay
or Jio Finance app -
https://play.google.com/store/apps/details?id=in.jfs.jiofinance&hl=en_IN
Both apps comes under Utility bill category.
There is 2 other apps - Airtel app and Canara Setu website for Credit Card bill payment but not tested yet using RBL Enterprise Debit card.
Small spender - if your monthly Credit Card bill is 20k to 25k then use this method to earn -
Pay 1st and 2nd month 20k+20k Credit Card bill.
You will get 1000+1000 cashback voucher and Joining 8500 voucher (your Joining fee will recover) Cashback voucher redeem on Amazon gv, Flipkart gv, Big Basket gv, Swiggy gv etc.
From 3rd month pay every month 20k Credit Card bill and earn 1000 cashback voucher per month.
So, 1st year, 20k monthly credit card bill per month, you will earn approx 5% Cashback.
Now remember -
Annual fee of INR 2,000 will be charged from 2nd year onwards.
From 2nd year, you will earn 1000*12 per month = 12,000 cashback voucher and pay only 2,000+GST annual fee.
So, From 2nd year, 20k monthly credit card bill per month, you will earn approx 4.02% Cashback after deducted 2,000+GST annual fee
Please Note: With effect from May 01, 2024, in case of Current Account minimum monthly transaction of INR 25,000 on POS/Online payment would be required to be eligible for monthly cashback as vouchers on the above categories (Saving account holders, Monthly Cash Back as vouchers on minimum monthly transactions of INR 20,000 on POS/Online payments).
Heavy Spender - If your monthly Credit Card bill is 1.25 lakhs or your Yearly Credit Card bill is 15 lakhs then use this method to earn -
Remember - monthly Credit Card bill is 1.25 lakhs is not mandatory but Yearly Credit Card bill is 15 lakhs is mandatory to get annual voucher benefit.
Pay every month 1.25 lakhs Credit Card bill and get monthly 1000 cashback vouchers (also your joining fee recover through joining voucher because you spend more than 25k minimum spend criteria) and when you complete yearly 15 lakhs Credit Card bill you will get extra 9,000 Annual milestone vouchers (total you will get 12,000 cashback vouchers + 9000 annual milestone vouchers = 21,000 vouchers).
*Get Annual milestone vouchers worth INR 2,000 on spends of INR 5 lakhs in a year + Get additional vouchers worth INR 3,000 on spends of INR 10 lakhs in a year + Get additional vouchers worth INR 4,000 on spends of INR 15 lakhs in same year (Total 9,000 Annual milestone vouchers).
Monthly Cashback voucher/Annual milestone vouchers redeem on Amazon gv, Flipkart gv, Big Basket gv, Swiggy gv etc.
So,
1st year, 1.25 lakhs monthly credit card bill per month (or annual 15 lakhs credit card bill payment), you will earn 1.4% Cashback (Total 21,000 cashback voucher).
Now remember - Annual fee of INR 2,000 will be charged from 2nd year onwards.
From 2nd year, you will earn 1000*12 = 12,000 cashback voucher per month + 9000 annual milestone voucher (total 21,000 voucher per year) and pay only 2,000+GST annual fee.
So, From 2nd year, 1.25 lakhs monthly credit card bill per month (or annual 15 lakhs credit card bill payment), you will earn approx 1.24% Cashback (Total 21,000 cashback voucher after deducted 2,000+GST annual fee).
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Extra Earning -
There are other Cashback voucher benefit too, if you utilize this benefit then your monthly and yearly benefit will increase -
Monthly Cash Back as vouchers on minimum monthly transactions of INR 20,000 on POS/Online payments on below categories:
- 1% cash back as vouchers on Fuel (max up to INR 1,500 per month) (petrol/diesel – MCC 5542, 5541, 5172, 5983)
- 5% cash back as vouchers on Flight booking (max up to INR 500 per month) (travel/flight tickets MCC - 4511, 4722, 3000, 3299)
- 5% cash back as vouchers on OTT subscription & Telecom (max up to INR 500 per month) (MCC 5968, 4899, Telecom MCC - 4814)
Also 2 Complementary Lounge Access per quarter at Domestic Airports (Total 8 Lounge Access per year).
0% Markup on Forex transactions/International Transactions -
Zero Mark up on international Transactions or foreign currency transactions on
Enterprise Debit Card.
Mark-up @ 3.5% plus government levies as applicable will be levied on all
international ATM cash withdrawals.
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More Earning Trick -
You all must have read above that there is a separate 5% cashback up to 500 in Telecom MCC - 4814.
Some Users Told Airtel App - Credit Card bill payment comes under MCC - 4814.
Also "CHECKOUT FREECHARGE IN" merchant name MCC Code - 4814, Some people use this merchant name to load money on Gosats Wallet load or any other merchant, if you get "CHECKOUT FREECHARGE IN" gateway name via Freecharge gateway then you will get 5% upto Rs500 cashback per month.
Also Freecharge payment merchant name - "Accelyst solution private limited" MCC Code - 4814 (Verify once with RBL customer care)
Ongo Wallet load MCC Code - 4814 but they are now charging for wallet load and Wallet UPI still not live yet.
Few months ago i heard easemydeal app - education payment or Credit card bill payment comes under MCC Code - 4814, maybe now MCC Code is change or i dnt know.
Some people also told Phonepe payment gateway on any merchant payment also comes under MCC Code - 4814, i am not sure which merchant name.
There are many credit card to bank apps available who are using MCC Code - 4814 because we already know many banks are excluded MCC Code - 4814 for credit card spend rewards. It means many we need to find out.
If you know any apps using MCC Code - 4814, let me know in comment section.
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Few important info -
For all cards issued on or after 1st April'24 Amazon brand voucher will be capped to maximum 50% of Joining Vouchers amount credited to the card member. For all cards issued prior to 1st April'24 , no such capping would be applicable.
Please Note: W.e.f May 01, 2024, International transactions and/or transactions carried out on the Merchant Category Codes (MCC – 6012, 6051, 6540, 6211) will be excluded from availing Monthly cashback as voucher/ Annual vouchers.
