SBI Cashback Tricks?

[Akinich]

Hey all

Came across this twitter post where he's mentioned 5% for offline spends and bill payments - what would be these tricks?

 

[Sobirvs]

i have HDFC regalia rupay card, but the reward points when redeemed for cash or Amazon voucher, the vale is just 0.2. And how are you getting 5% with yes bank kiwi card?

I am talking abt smartbuy via hdfc. Many brands are there with discounts on GV's and then points is a plus. I use points on flights for now. May be in future hotels too. Cash for points is a stupid way to redeem points, no offense.

 

[BOBBY 1234]

You can easily purchase Amazon e- gift card voucher using your SBI cashback credit card for 5% cashback..and use those gift card for your insurance bill, electric bill ,dth bill ,gass bill.. easily you get 1180 what's the annual charge of sbi cashback cc

 

[b4bhar]

You can easily purchase Amazon e- gift card voucher using your SBI cashback credit card for 5% cashback..and use those gift card for your insurance bill, electric bill ,dth bill ,gass bill.. easily you get 1180 what's the annual charge of sbi cashback cc

Its 1179 including gst

 

[SSV]

you might be having good limit with SBI CB but "poor souls" like us have to be contend with 20-30k and then meet 2L criteria for annual fee waiver...

it's hard living hand to mouth with this card 😉

You did not understand the sarcasm against whom it was aimed at.. it was aimed at for those who are continuously promoting this card and advertising loopholes vigorously and at the same time tagging the bank about the abuse and there by causing the devaluation

 

[Abhisek]

You can easily purchase Amazon e- gift card voucher using your SBI cashback credit card for 5% cashback..and use those gift card for your insurance bill, electric bill ,dth bill ,gass bill.. easily you get 1180 what's the annual charge of sbi cashback cc

From which portal you should purchase giftcards to get 5% back?

 

[b4bhar]

From which portal you should purchase giftcards to get 5% back?

Amazon itself? Did you try? I made a test today. Will let you know tomorrow if it works.

 

[newmakerhere]

Amazon itself? Did you try? I made a test today. Will let you know tomorrow if it works.

it works every time for me

 

[Riya]

You did not understand the sarcasm against whom it was aimed at.. it was aimed at for those who are continuously promoting this card and advertising loopholes vigorously and at the same time tagging the bank about the abuse and there by causing the devaluation

True ....
Chup chap use karo cashback andar karo....
Inke chakkar mein bekaar ke loopholes mein ghusna padta hai

 

[sambitpatro]

oh, i dont have such a huge spends though.

Same here bro

 

[sambitpatro]

I am talking abt smartbuy via hdfc. Many brands are there with discounts on GV's and then points is a plus. I use points on flights for now. May be in future hotels too. Cash for points is a stupid way to redeem points, no offense.

Even the 0.5rs redemption value for flights and hotels for regalia gold is not worth it i think

 

[b4bhar]

Even the 0.5rs redemption value for flights and hotels for regalia gold is not worth it i think

yeah, for us direct no nonsense cashback cards will work more better

 

[sambitpatro]

yeah, for us direct no nonsense cashback cards will work more better

Totally agree with that...that's why I have sbi cashback hdfc Swiggy hsbc live plus axis ace yes kiwi...

 

[b4bhar]

Totally agree with that...that's why I have sbi cashback hdfc Swiggy hsbc live plus axis ace yes kiwi...

Even I have HDFC Swiggy HSBC Live+ and recently bought SBI CB card. Which website do you use for purchasing amazon gift vouchers using sbi cb card?

 

[sambitpatro]

Even I have HDFC Swiggy HSBC Live+ and recently bought SBI CB card. Which website do you use for purchasing amazon gift vouchers using sbi cb card?

It can be directly purchased from Amazon itself...gives 5% cashback

 

[b4bhar]

It can be directly purchased from Amazon itself...gives 5% cashback

what are your spends on SBI CB card? did they already make it LTF for you?

 

[sambitpatro]

what are your spends on SBI CB card? did they already make it LTF for you?

Just completed one year and did more than 2lakh spends and the annual fees was waived... For ltf u need to wait I think atleast 1.5 to 2 years with high spends

 

[b4bhar]

Just completed one year and did more than 2lakh spends and the annual fees was waived... For ltf u need to wait I think atleast 1.5 to 2 years with high spends

Can you please let me know what are considered to be high spends per year?

 

[Credit_Cards]

Can you please let me know what are considered to be high spends per year?

for CB it is >2L but having 3L+ will be ideal case

 

[b4bhar]

for CB it is >2L but having 3L+ will be ideal case

If we have 3L+ spends within first 6 months of the card issuance, are there any chances for LTF?

 

[fin_avid]

If we have 3L+ spends within first 6 months of the card issuance, are there any chances for LTF?

Ideal time is to wait for atleast 1 year. (1.5 to 2 years s good. ). They do give importance to age of the card as opposed to spending. But nothing wrong in trying nw..