SBI Cashback credit card official benefits revised w.e.f. 1st May 2023

[BhaiyaJi]

REVISION OF BENEFITS ON CASHBACK SBI CARD:

With effect from 01 May 2023, following changes will be applicable on your CASHBACK SBI Card:

A. Below categories will not be eligible for Cashback benefit, apart from existing exclusions:

Category	Merchant Category Code (MCC)
Jewelry	5051, 5094, 5944, 7631
School & Educational Services	5111, 5192, 5942, 5943, 8211, 8220, 8241, 8244, 8249, 8299, 8351
Utilities	4814, 4900, 9399, 4816, 4899
Insurance Services	5960, 6300, 6381
Card, Gift, Novelty & Souvenir Shops	5947
Member Financial Institution/Quasi Cash	6011, 6012, 6051
Railways	4011, 4112

The Merchant Category Codes are defined by the Networks and are subjected to change basis their discretion and such changes shall be implemented basis communication from the Networks without any requirement for intimation/information to the customers.

B. Maximum Cashback that can be earned on online & offline spends in a statement cycle will be capped at `5000.

C. Complimentary Domestic Airport Lounge benefit will be discontinued.

https://www.sbicard.com/sbi-card-en/assets/docs/pdf/tnc/tnc-Cashback-Card-Revision.pdf

 

[VISHESH_BANSAL]

I got mcc code from different banks customer care after doing some transaction on their cards. And description i copied from Citi Bank mcc pdf.

Name of such Banks ?
Over the call or E-Mail ?

 

[Melvinop]

Dm me pls

Sure will add if possible
We have 2 admins and whom to add, eligibility we both discuss and do

Add me also

 

[vijay9xth]

Any other way than

Dreamplug Paytech Solu MUMBAI IN

Ok will do thanks & can you please share your vendor name shown in sbi app?

Do you received cashback for dreamplug payteche solu vendor?
Can you please confirm it

 

[vijay9xth]

Dreamplug Paytech Solu MUMBAI IN

Mine was showing DREMG82CYBS2415 , should i complete payment? Dont know if cashback is there with him?

 

[raniphore]

Myself have a secret group with very selective

Add me if you think I am eligible

 

[MangoRush]

My statement date for SBI CashBack is 21st, so can I use the card for 2 lacs till 30th April ?

 

[karankayastha]

Yes

Any other way than


Do you received cashback for dreamplug payteche solu vendor?
Can you please confirm it

I got

 

[xxScriptzxx]

For those who asked to add to my secret group it’s by invite only (don’t think that it’s a kind of Amex centurion card) we observe and see ppl their card portfolio experience and how mature their posts then we send invite
So far 4 only got invited lol
As a compliment I am giving the current account trick since I can’t add lot to my secret group here thanks:
pls use T2 of NPS virtual account it’s a current account with Axis bank
Credit to that account from cc via paytm education/tuition and post bill time take withdrawal from NPS t2 and settle bill
Use it for achieving milestone for fee waiver don’t use for very high rotation we may get closed this loophole
I am using from last 6 months secretly lol
T2 virtual account creation link

Virtual Account Creation

cra-nsdl.com

While trying tuition payment, paytm says "invalid account number" for tier 2 virtual id ? Any idea on how to fix this.

 

[kushhh]

While trying tuition payment, paytm says "invalid account number" for tier 2 virtual id ? Any idea on how to fix this.

I have a question, can i pay my cc bill directly through it , or will i need to transfer to another account then pay?

 

[karankayastha]

While trying tuition payment, paytm says "invalid account number" for tier 2 virtual id ? Any idea on how to fix this.

Use cred why are you using paytm

 

[sheru]

Myself have a secret group with very selective

You may want to disclose in my closed group

About Cashback Hunters

An exclusive group to share and discuss the tricky strategies to fetch maximum cashback using credit cards. To get an entry in the group, at minimum you should be at TF Premier level.

www.technofino.in

Interested in joining your group 😬
Can you please add me?

 

[Wealth is my birth right!]

While trying tuition payment, paytm says "invalid account number" for tier 2 virtual id ? Any idea on how to fix this.

Try after canceling the current transaction
If problem exists then the loophole got fixed😉

 

[xxScriptzxx]

Use cred why are you using paytm

Paytm gives rewards on cc spends via tuition fees. Not sure if cred does, also cred requires docs to pay tution fees

 

[xxScriptzxx]

Try after canceling the current transaction
If problem exists then the loophole got fixed😉

You cant cancel, looks like it did get fixed. Is there any way ?

 

[Wealth is my birth right!]

You cant cancel, looks like it did get fixed. Is there any way ?

Nope as of now
Will post here if any other tuition fee way I get to know

 

[Virgo]

It didn't ask me for current account when I paid. I have already made multiple education payments from phonepe.

I have to make an actual school fees payment of 1 lakh plus for my son. Any clue if SBI gives cashback even on payment made through school portal? Or is the cashback available only on payment via CRED and Phone Pe (transaction charge of ~1.5 to 1.8% applicable)? Any other method which has lesser charges but SBI still cashback on it?

 

[raniphore]

I have to make an actual school fees payment of 1 lakh plus for my son. Any clue if SBI gives cashback even on payment made through school portal? Or is the cashback available only on payment via CRED and Phone Pe (transaction charge of ~1.5 to 1.8% applicable)? Any other method which has lesser charges but SBI still cashback on it?

Even for valid school fees it should give 5% till April 30, provided the MCC code is for education.

 

[Deleted member 5552]

Exclusion of Card, Gift, Novelty & Souvenir Shops [5947] seems to be affecting Gyftr and other GC portals.

RIP Amazon Pay GC

Copied from DD

View attachment 13068

Very Good 👍

 

[Deleted member 5552]

" CHAR DIN KI CHANDANI " 🙂

17 din ka mehmaan 🤦

 

[karankayastha]

Paytm gives rewards on cc spends via tuition fees. Not sure if cred does, also cred requires docs to pay tution fees

yes cred does & no no docs required for tuition fee. Does paytm allow transfer of tutuion fee to own account? & What is the limit for Paytm also share what name does it show in Statement