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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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planning to buy gold coin online. will we get 5% cashback using cashback SBI card in amazon/flipkart? will it be considered under amazon shopping MCC to receive 5%cashback or jewellery MCC with 0%cashback?
 
planning to buy gold coin online. will we get 5% cashback using cashback SBI card in amazon/flipkart? will it be considered under amazon shopping MCC to receive 5%cashback or jewellery MCC with 0%cashback?
Buy using any rupay cc within 45 mins, you will get 5% upto 3000, for min transaction value 25,000.
Mcc code-5944, 5094
For jewellery
Offer valid till tonight
 
Hi. My primary online spends include purchase of medicines (10-15k/month). I currently use Netmeds and Medplus. For now, I'm using HDFC Regalia Gold for these purchases ( ~ 2.5-3% returns). I'm now looking to get SBI cashback card primarily for this purpose, but can spend 2L on it if I include my spends on amazon for which I'm currently using ICICI Apay. (I'm okay with paying the fees as well, as i'll still be getting 4% returns even after deducting annual fees).
As far as i have searched, these purchases don't seem to be among exclusions. Still I would be more satisfied with confirmation from members who have used since I'm planning to get this card primarily for this purpose.

Thanks in advance
 
Hi. My primary online spends include purchase of medicines (10-15k/month). I currently use Netmeds and Medplus. For now, I'm using HDFC Regalia Gold for these purchases ( ~ 2.5-3% returns). I'm now looking to get SBI cashback card primarily for this purpose, but can spend 2L on it if I include my spends on amazon for which I'm currently using ICICI Apay. (I'm okay with paying the fees as well, as i'll still be getting 4% returns even after deducting annual fees).
As far as i have searched, these purchases don't seem to be among exclusions. Still I would be more satisfied with confirmation from members who have used since I'm planning to get this card primarily for this purpose.

Thanks in advance
You're right. Medicines will not be excluded. You can also buy gift card for netmeds from az or park plus. Sbi cb cc will give cb there
 
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