SBI Cashback Card - Converted to LTF (Jan 2025)

[Rishabh]

Hello Folks,

FYI I have recently managed to get my SBI Cashback credit card converted to LTF through an email request 🙂

I have been using the card now from more than 2 years with last 2 years spends crossing 2lacs & have got fee waiver against the same.
Few days back just thought of writing email to SBI team requesting them to consider converting my Cashback card to LTF basis my past spend records without having strong expectation of getting any success.

As a first response got a call from SBI executive mentioning about no such offer available at present on the card to convert it to LTF. And asked me to wait to get offer in future.
But just before the end of the call he asked me if I will continue making similar amount spends on the card if converted to LTF. After confirmation he raised a request for me to change PCTID (for LTF conversion) for the card without giving any assurance that it will be approved.

And after 4-5 days, I got another update on the ticket about successful closure and card converted to LTF.
Something good to cheer about during this devaluation days of Credit cards & also having this as 3rd LTF card from SBI now 🙂

 

[arvinder]

bhai gazab.. I will also try..!!

 

[arvinder]

which email id .. plz share

 

[Rishabh]

bhai gazab.. I will also try..!!

Do it only if you have made good spends for last 2-3 years (atleast 2lac+ every year) else bank may reject the request.

 

[Rishabh]

which email id .. plz share

I have emailed to: customerservicehead@sbicard.com

 

[AlgoTrader]

congrats bro, good one

 

[aniketkr.sharma]

Hello Folks,

FYI I have recently managed to get my SBI Cashback credit card converted to LTF through an email request 🙂

I have been using the card now from more than 2 years with last 2 years spends crossing 2lacs & have got fee waiver against the same.
Few days back just thought of writing email to SBI team requesting them to consider converting my Cashback card to LTF basis my past spend records without having strong expectation of getting any success.

As a first response got a call from SBI executive mentioning about no such offer available at present on the card to convert it to LTF. And asked me to wait to get offer in future.
But just before the end of the call he asked me if I will continue making similar amount spends on the card if converted to LTF. After confirmation he raised a request for me to change PCTID (for LTF conversion) for the card without giving any assurance that it will be approved.

And after 4-5 days, I got another update on the ticket about successful closure and card converted to LTF.
Something good to cheer about during this devaluation days of Credit cards & also having this as 3rd LTF card from SBI now 🙂

Congratulations 🎊


Even if they didn't convert ltf, you can ask for fee waiver whenever it gets charged, i am getting fee waiver from 5 years on SBI simplyclick and from 2 years on SBI cashback

 

[Rishabh]

Congratulations 🎊


Even if they didn't convert ltf, you can ask for fee waiver whenever it gets charged, i am getting fee waiver from 5 years on SBI simplyclick and from 2 years on SBI cashback

Yes, but it is all about Peace of mind with LTF 😛

Also policies keeps on changing, earlier SBI was not among the banks which easily accepts fee reversal request. Today it is entertaining the reversal requests, years down the later it may not we never know. 🙂

 

[aniketkr.sharma]

Yes, but it is all about Peace of mind with LTF 😛

Also policies keeps on changing, earlier SBI was not among the banks which easily accepts fee reversal request. Today it is entertaining the reversal requests, years down the later it may not we never know. 🙂

Then we also don't know if the card will remain like we have now or maybe further devaluation coming

 

[CyberPsych]

even if they didn't convert ltf, you can ask for fee waiver whenever it gets charged

How much have you spent on SBI cards (remaining amount to reach 2L) while asking for charge reversal? If I could spend only 1L and ask fee reversal, will they reverse it?

 

[aniketkr.sharma]

How much have you spent on SBI cards (remaining amount to reach 2L) while asking for charge reversal? If I could spend only 1L and ask fee reversal, will they reverse it?

It was almost 1.9 lakhs
I have to upgrade hdfc cards so all spent went on RG

 

[shu_sha]

If I could spend only 1L and ask fee reversal, will they reverse it?

Yes, even if you don't spend it they will do the few reversal, just ask them in a polite way. Had been doing this for 30-40k spent of mine 😄

 

[CyberPsych]

It was almost 1.9 lakhs
I have to upgrade hdfc cards so all spent went on RG

Then it is understandable

 

[Rishabh]

Then we also don't know if the card will remain like we have now or maybe further devaluation coming

That's a different thing. Not gonna add inconvenience something like raising request for fee reversal every year without having any guarantee of waiver 🙂