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

BhaiyaJi

TF Legend
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:

CategoryMerchant Category Code (MCC)
Jewelry5051, 5094, 5944, 7631
School & Educational Services5111, 5192, 5942, 5943, 8211, 8220, 8241, 8244, 8249, 8299, 8351
Utilities4814, 4900, 9399, 4816, 4899
Insurance Services5960, 6300, 6381
Card, Gift, Novelty & Souvenir Shops5947
Member Financial Institution/Quasi Cash6011, 6012, 6051
Railways4011, 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.


screenshot_2023-03-31-12-31-57-784_com-google-android-apps-docs-edit-jpg.13045
 

Attachments

Last edited by a moderator:
What is wrong with sbi cashback card

Spend more the 13,000 rs (cashback only 77rs)
All online shopping and air ticket (cleartrip)
8k on air ticket
5k on medicine tata 1mg

All transaction are settled.

What is wrong with sbi cashback card
Screenshot_20230513_215037_SBI Card.jpg
 
What is wrong with sbi cashback card

Spend more the 13,000 rs (cashback only 77rs)
All online shopping and air ticket (cleartrip)
8k on air ticket
5k on medicine tata 1mg

All transaction are settled.

What is wrong with sbi cashback card
View attachment 16844
What is your statement date? I think the 77 cashback its showing is what has been earned post statement date your cashback will be added after two days of the statement generation Or maybe its already been added and deducted from the amount due you need to check the statemenent thoroughly
 
Tried those transactions again and Amazon, Flipkart vouchers from their respective places still gives 5% back. Vouchers brought from Magicpin also gives 5%. This is good news. Now someone should try using Gyftr/Yono Gyftr and update the situation here.
What is Magicpin? Is there any advantage in buying A-Pay eVouchers from Magicpin instead of Amazon directly?
wow this is good (y)
 
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