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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.


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My view,
SBI CB card is the best cash back card in the market right now with just 2L fee waiver..
If it’s LTF = icing on the cake !!

For a 2L spend in a year which is quite doable for an average cc holder , you get:

1) 10K no strings attached CB +
2) annual fee waiver …

Really the best card out there in this category …what else we want..
very simple and straight forward card
To avoid any ambiguity please keep this SS…it’s very handy…

View attachment 38340
So income tax, property tax too excluded right?
 
Buy monthly 1 lakh Amazon gv and resell at 1.5% to 2% off, if you know any trusted buyer.

or use Ebixcash wallet or QWtag wallet trick for bank transfer with some charges and earn approx 3% upto Rs3000 per month.
Guruji, qwtag and qwWallet are two different apps in Play Store. Which is the right one?

I see Really bad reviews for Ebixcash ☹️
 
Guruji, qwtag and qwWallet are two different apps in Play Store. Which is the right one?

I see Really bad reviews for Ebixcash ☹️
New app launch Pice app. SBI CASHBACK CARD 3.8% cashback & bank transfer trick -


Qwtag. Here -

 
New app launch Pice app. SBI CASHBACK CARD 3.8% cashback & bank transfer trick -


Qwtag. Here -

Actually 1.35% including GST so kinda 3.65% from SBI CB CC.
 
The only problem is that you have to identify the MCC code before entering the OTP. I don't know why banks don't show them at the payment screen so you can see what's excluded.
Would I get 5 percent cashback if i do pay on delivery on amazon. After doing cod on amazon when order is out for delivery you can pay via ezetap link generated on amazon app. Does that get 5 percent cashback here?
 
is there a list of websites on whihch sbi CB gives 5% ? how would one know if paying online whether that particular website is applicable for 5% cb ?

im reading very conflicting answers so looking for a confirmed list.

thanks
 
is there a list of websites on whihch sbi CB gives 5% ? how would one know if paying online whether that particular website is applicable for 5% cb ?

im reading very conflicting answers so looking for a confirmed list.

thanks
Here buy Amazon gv at 5% upto 5000 cashback using SBI Cashback credit card -

Trick to get 5% cashback on Amazon gift card using SBI Cashback credit card

 
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