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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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I plan to buy flight tickets from indigo or cleartrip. Will I get 5%? Anybody tried it out?
I booked two flights and a hotel from Cleartrip 2 days ago and another flight yesterday. Below is what I got:
Transaction typeMerchant name in statementCashback
FlightCleartrip Private Limi MUMBAI IN5%
FlightCleartrip MUMBAI IN0%
HotelCleartrip Private Limi MUMBAI IN5%
FlightCleartrip Private Limited400079 INYet to be settled
 
I booked two flights and a hotel from Cleartrip 2 days ago and another flight yesterday. Below is what I got:
Transaction typeMerchant name in statementCashback
FlightCleartrip Private Limi MUMBAI IN5%
FlightCleartrip MUMBAI IN0%
HotelCleartrip Private Limi MUMBAI IN5%
FlightCleartrip Private Limited400079 INYet to be settled
Do you remember the merchant name on OTP page? Was it same as in statement?
 
After the CB gets posted to your statement, when you make bill payment do you deduct that amount and then pay the bill or pay full outstanding bill with cashback credit adjusted in next billing cycle?
 
I would like to know if online transactions in other currency also attract markup fee or is it just pos?
Do we get 5 percent cashback on online spends in foreign currencies?
 
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