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

 

[Vatsal Dhanuka]

Wait sometime. Usually its credited with 3-4 days of transaction.

I did it on 30 April,2023

 

[Rahul Gupta]

I did it on 30 April,2023

Just wait till tomorrow and if not credited than complaint to customer care.

 

[Wealth is my birth right!]

Hi all got this in app today
Is it worthy to consider?
My sbi cb card limit is 410000 now

 

[karankayastha]

Hi all got this in app today
Is it worthy to consider?
My sbi cb card limit is 410000 nowView attachment 15876

Only if you want to watch free movies every month you get 500 discount on movie tickets so 6000rs benefits

 

[Wealth is my birth right!]

Only if you want to watch free movies every month you get 500 discount on movie tickets so 6000rs benefits

Ok
Noted
I think for bogo I have idfc and Magnus card
4999/- fee is not worthy then

 

[Rahul Gupta]

Hi all got this in app today
Is it worthy to consider?
My sbi cb card limit is 410000 nowView attachment 15876

Not worth it bro. Btw you said your limit is 410k now. Did you receive any LE?

 

[panu24]

Hi all got this in app today
Is it worthy to consider?
My sbi cb card limit is 410000 nowView attachment 15876

If you are high spender then Elite is good card. if you can spend 5lacs it's good considering it's milestone points and it's redemption in cash. Also good SBI card for offline grocery purchase which gives 10x reward points.

 

[Wealth is my birth right!]

If you are high spender then Elite is good card. if you can spend 5lacs it's good considering it's milestone points and it's redemption in cash. Also good SBI card for offline grocery purchase which gives 10x reward points.

No I want to spend a lakh in Magnus card so can’t add this to my portfolio I think

Not worth it bro. Btw you said your limit is 410k now. Did you receive any LE?

Initially issued limit only bro
Just logged in for checking any LE but found this upgrade offer only

 

[agarwalanimesh05]

So guys now any way of getting 5% cashback for AGC?

 

[senasenthil]

Is Swiggy order excluded from cashback effective 1st May? I did not get the cashback.

 

[kushhh]

@VISHESH_BANSAL is "PAYTM" merchant name giving 5% cashback , for wallet loads on sbi cb

 

[bugmenot]

Anyone knows the mcc of this?

https://credencerewards.com/products/product/43/checkout

 

[senasenthil]

@VISHESH_BANSAL is "PAYTM" merchant name giving 5% cashback , for wallet loads on sbi cb

No

 

[kushhh]

Anyone knows the mcc of this?

https://credencerewards.com/products/product/43/checkout

Does wooho gives cashback on buying Amazon gv

 

[bugmenot]

@VISHESH_BANSAL is "PAYTM" merchant name giving 5% cashback , for wallet loads on sbi cb

As per this you should get 5% but it's bit old thread. MCC may have changed

Paytm Txns Cb for SBI Cashback card

Merchant Name Cashback % PAYTM WALLET NOIDA IN 0% Paytm 1% Paytm NOIDA IN 1% Paytm Payments Services 1% One97 Communications Limited 1% or (0% if it's wallet load) PAYTM NOIDA IN 5% PAYTM ECOMMERCE NOIDA IN 5% PAYTM 5% TIP: While adding money in Paytm Wallet for txn at third...

www.technofino.in

 

[kushhh]

Hope someone comfirns this

As per this you should get 5% but it's bit old thread. MCC may have changed

Paytm Txns Cb for SBI Cashback card

Merchant Name Cashback % PAYTM WALLET NOIDA IN 0% Paytm 1% Paytm NOIDA IN 1% Paytm Payments Services 1% One97 Communications Limited 1% or (0% if it's wallet load) PAYTM NOIDA IN 5% PAYTM ECOMMERCE NOIDA IN 5% PAYTM 5% TIP: While adding money in Paytm Wallet for txn at third...

www.technofino.in

 

[VISHESH_BANSAL]

@VISHESH_BANSAL is "PAYTM" merchant name giving 5% cashback , for wallet loads on sbi cb

No.
On OTP Page,it will show "PAYTM"
but when you check your statement it will change to "Paytm_Addmoney"-MCC 6540.
Now, Paytm is tagging only wallet MCC irrespective of merchant name on OTP page of Add Money Txn.
A few txns still getting counted under Travel.

 

[Abhishek012]

No.
On OTP Page,it will show "PAYTM"
but when you check your statement it will change to "Paytm_Addmoney"-MCC 6540.
Now, Paytm is tagging only wallet MCC irrespective of merchant name on OTP page of Add Money Txn.

Bahot bar mera travel/transport categories me aate hai. Paytm wallet load k and got full 5% cashback.

 

[VISHESH_BANSAL]

Bahot bar mera travel/transport categories me aate hai. Paytm wallet load k and got full 5% cashback.

That is rare now. Only a few txns get tagged under Travel.

 

[Chaitanya-a]

Bahot bar mera travel/transport categories me aate hai. Paytm wallet load k and got full 5% cashback.

Haan mne b jb uber k through load kia last month toh Axis Flipkart ne travel category me dal dia jisse 1.5% Cashback mila. Utilities hota toh zero milta.