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

 

[Sriim]

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

Medicines gift cards are not that useful. Can't apply promotional offers when using gift cards. Promotional offers give 18-20% off. So need to use directly

 

[NikhilG]

I want to pay the godgit insurance premium for car. If I go under amazon pay> bill payment> insurance Can I use the amount added in wallet my gift card for 5 percent cashback?

 

[Bugs Bunny]

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

Won't it work on Woohoo ? @D₹V

 

[ThriftyPlasticPundit]

anyone tried mi.com and got any cb?

 

[Deepak_Shetty]

anyone tried mi.com and got any cb?

Purchase few items from online MI store and got 5% cash back.

 

[Buddy_Maga]

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

is there any minimum online spend in order to get 5% cashback? Like ₹100 or more?

 

[Deepak_Shetty]

is there any minimum online spend in order to get 5% cashback? Like ₹100 or more?

Yes, minimum transaction should be 100 Rs.

 

[Shoxie]

is there any minimum online spend in order to get 5% cashback? Like ₹100 or more?

And let's say you do a transaction of 299, it'll get rounded down to 100s. So you'll get reward points for 200rs. I. E. 10rs only.

 

[BhaiyaJi]

And let's say you do a transaction of 299, it'll get rounded down to 100s. So you'll get reward points for 200rs. I. E. 10rs only.

No, its not like that
Cashback = ROUNDDOWN( 5% of 299) = ROUNDDOWN( 14.95 ) = Rs. 14

 

[Shoxie]

No, its not like that
Cashback = ROUNDDOWN( 5% of 299) = ROUNDDOWN( 14.95 ) = Rs. 14

I think it used to be like this. But then they changed it I believe.

 

[Deepak_Shetty]

I think it used to be like this. But then they changed it I believe.

Not like that. As per earlier calculation, for 299 Rs you will get 13 Rs cash back. (1% + 4% both rounds down).
Now 5% cash back rounds down.

 

[Shoxie]

Understood, thanks for clearing it up guys @Deepak_Shetty and @BhaiyaJi

 

[BhaiyaJi]

Understood, thanks for clearing it up guys @Deepak_Shetty and @BhaiyaJi

 

[sm9811911]

View attachment 44081

Bhaiya ji ka alag hi swag hai!

 

[BhaiyaJi]

Bhaiya ji ka alag hi swag hai!

Haha 🤣 🤣

 

[Shivakrishna]

SBI Cashback card gives 5% on Amazon/Flipkart for GVs . Go ahead mate !

Bro buying amazon gv on which site gives 5% cb on sbi cb card??

 

[AlphaCAT]

Bro buying amazon gv on which site gives 5% cb on sbi cb card??

Amazon itself !

 

[Shivakrishna]

Amazon itself !

Okk bro tq very much

 

[Sriim]

Amazon itself !

Any limit for that?

 

[Shoxie]

Any limit for that?

Here you go, these are limit for purchase from Amazon