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SBI Rewardz: Accelerated Points Upto 5X*/10X* RP under Monthly Campaigns.

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Master Chief 117 said:
Does every transaction done with VDC counts towards milestone benefit ?
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Milestone benefit doesn't depend on whether you use Physical DC or Virtual one. You can achieve it with either. We use VDC only because it has extra 2 points per 200. That's all.

Yes every txn except wallet txns i.e use of VDC/DC for loading wallet is not eligible for 2 Pts per 200 or 2+2 pts when you transacted via VDC. Other txn gets you 2 pts or 4 pts with PDC/VDC.

Milestone benefit of 1L spend triggers only when you reach 1L spend with physical DC or 50K with VDC but you should have got 500+500 pts with VDC else it won't trigger.

The thing with VDC is, it gives double points (although these days not always as you mentioned in your own post that you missed for 10K txn). Milestone calculator at SBI looks for credited pts for txns. With VDC you get 2X so instead of 1L spending milestone can be achieved in 50K also because a 50K txn with VDC gives you 500+500 pts which is equal to getting 1000 pts with Physical DC but on 1L txn..

I am clearing you with an example:

You did a txn worth Rs.25000 with Physical DC. All you will get is 250 points. That's all. So with physical DC you need 750 more pts to get extra milestone benefit 1000 pts which means 75K txns more to get 250+750+1000 = 2000 Pts.

Now With VDC you will get 250+250 on 25K txn. But say if you get only 250 and bonus are not credited you can get it by emailing SBI Rewardz and they will credit for you. But as bonus wasn't credited automatically by system for milestone only 250 points will be considered.

Now you did another 25K txn but this time you got 250+250. Your total pts for milestone consideration = 250 from previous txn + 500 from this one. Still 250 left. Now do txn of Rs.12600 only and checkwhether you get both 126+126. If yes your milestone is complete by spending 62600 i.e 250+(250+250)+(126+126)= 1002 pts. Now you get 1000 extra.
 
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desiviru said:
@6ix9ine bro has already answered you but if you don't under simplest yet complexity filled post I am making it simple for you.

Read very carefully,

1. SBI provides 2 Points per 200 and txns should be in multiples of 200 like 400, 1000, 5000 or 6400 (in this case).
.
2. Just use VDC of both account with amount Rs.6400. Now see whether within 2-5 days you get Normal 64 and bonus 64 points in both accounts. To check visit https://rewardz.sbi website or SBI Rewardz App. If both are credited i.e Normal + Bonus then you don't need to do any more txns as this will make you eligible to get 500 pts (64x4 = 256 and 244).

Calculation is: 6400/200 x 2 = 64 Pts and additional 64 credits when you use Virtual DC as only VDC has extra 1X pts feature not physical card.

3. Under 5X campaign max. points are 500 and for this txn you get 4X extra so 64X4 for Normal + 64X4 for bonus pts = 512 but only 500 is max. so you will get 256 + 244 = 500 Campaign pts. 5X campaign means 1X Normal Points + Extra 4X Pts.

In case you don't get bonus pts credited then do a txn of Rs. 6200 more or contact SBI Rewardz through email and they will credit it manually. But we are yet to know whether manual credit of points will also get extra 4X benefit or not because automatic credit do.
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Hmm can understand but it's too complex and not worth the hassle I feel when better DCs exist

Recently after 10K txn with physical, I got these. But 4X of those yet to be credited later.
Earned and redeemed haven't been that many, as I failed to maximize its full potential, only recently started paying attention

SBI DC RPs.webp

Only used SBI DC for BillDesk to clear bills via RuPay DC (and virtual Visa in BBD/GIF) since for SBI Unipay there are other DCs with much higher reward rate
 
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anonymuos said:
Is this ₹6400 per day txn cap or per month total? Per month cap as I understand is higher as per https://www.technofino.in/community...-rp-under-monthly-campaigns.31398/post-892926 ?

Recently after 10K txn with physical, I got these. But 4X of those yet to be credited later.
Earned and redeemed haven't been that many, as I failed to maximize its full potential, only recently started paying attention

View attachment 78888

Only used SBI DC for BillDesk to clear bills via RuPay DC (and virtual Visa in BBD/GIF) since for SBI Unipay there are other DCs with much higher reward rate
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For this event, I had already written to you about the transactions you needed to make. Based on the screenshots, it seems you have made far more transactions than required, which will now result in only small rewards.

Still, you will at least have something than nothing.
 
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6ix9ine said:
For this event, I had already written to you about the transactions you needed to make. Based on the screenshots, it seems you have made far more transactions than required, which will now result in only small rewards.
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Most txns have been on Flipkart during BBD and Amazon GIF when only SBI DC had the offers. Or Amazon Friday 20% off SBI DC RuPay Platinum for years. For CC bill payments, very few overall txns since for those I use other bank DCs with higher RR
 
aggarwal said:
This is not true. SBI allows 2 physical debit cards for one account.
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Yes I had 4 physical DCs for 2 accounts for quite some years. But ever since they introduced virtual, I don't think they allow 2 physical+1 virtual per a/c, do they? Would like to have 3 DCs 🤩
 
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desiviru said:
Offer 1: SBI Rewardz: Winter Carnival Offer of 5X Rewards from December 23, 2024 to January 5, 2025.

Offer TnC: https://banners.loylty.com/push/SBI_Winter_Carnival_TNC.html

Offer highlights:

1. Valid on minimum transaction of Rs.1000 or more done between Dec 23, 2024 to Jan 5, 2025.

2. 5X rewards upto max. 500 points.

3. Offer valid on Apparel, Fashion, Lifestyle (Utilities 4900 covered under this) categories.

4. Accelerated points will be posted by February 5th, 2025.

More TnC when website updates with offer banner.

For maximum benefit of the offer, you just need to do a transaction of Rs.6400 (or 6200) and check whether you get Normal + Bonus pts as that will cover max. 500 accelerated pts. Else do more than this.

Credits: @pinki for sharing info. he received over email.


Offer 2: Boss Bachat Days

1. Offer Period: From 1st of Every month to 9th of Every month of December, January and February i,e Dec 1 to Dec 9 then Jan 1 to Jan 9 and then Feb 1 to Feb.

2. Minimum Transaction of Rs.1000 and above.

3. 5X Rewards Points Upto 300 Points.

4. Applicable on MCC 5311 so pay via Canara Setu.

5. Bonus/Accelerated reward points will be credited at end of calender month i.e by Dec 31st 2024, Jan 31st, 2025 and Feb 28, 2025 (There may be delay of 7-10 days in crediting pts)

6. Do a txn of Rs.3800 and if you receive both Normal Pts 38 and Bonus Pts 38 on VDC, you don't need to do more. Else just pay Rs.7600 in single payment or part but txn size should be above Rs.1000 min.
__________________________________________________________________________________________


How SBI Reward System Works on transacting with Physical Debit Card or Virtual Debit Card?

1. SBI provides 2 points per 200 for every transaction of Rs.200 and above and in multiples of 200 like 400/600/1000/5000/10000/50000 etc.

2. With Physical Card you get 2 Pts/200 while when you use Virtual Debit Card for transaction you get extra 2 Points giving you 2+2 = 4 Pts per 200.

3. The maximum points you can earn in a month has a capping of 10000 points. This include Normal Points in case of Phsyical DC and Normal+Bonus Pts in case of Virtual DC. SBI also give 2X benefit in account holder birthday month. For ex: If your birthday month is January then all the points you earned in january transactions will be doubled including the VDC Bonus and this birthday bonus is part of 10K max points per month. Campaign points aren't part of this 10K limit.

4. The following are the transaction limits:

- Physical DC: Do not exceed 1L per transaction. For a transaction of 1L, you will earn 1000 points. The monthly cap for physical DC 10L.

- Virtual DC: Do not exceed 50K per transaction per day. For a transaction of 50K, you will earn 1000 points. The monthly cap for virtual DC is 5L.

5. There is a additional milestone benefit of 1000 points on per Lakh spends with SBI DC/VDC and whenever you spend Rs.1L with physical DC, you are rewarded 1000 extra points. In case you use VDC, you need to spend 50K only. These milestone benefits are credited next month between 10-30th of month, maximum time is 60 days.

6. After transaction, Normal Points or Normal + Bonus Pts ( only when VDC used) are credited between 2-7 or 14 days max.

7. Birthday Bonus are credited next month between 1-7th of month. For ex: If you have bday in Jan then your 2X pts will be credited between Feb 1-7. It mostly gets credited within 2 days is what I have seen till now.

Tabular Example:
S. NoTransaction AmtPoints With Physical DCPoints With Virtual DCWhenever Campaing Runs

For e.g- 5X campaign

(If Physical DC used)		Campaign Pts
(Virtual DC)		Bday Bonus 2X
Physical DC/Virtual DC		Per Lakh Pts (when total amt of txns cumulatively reach 50K with VDC or 1L with PDC)
1.Rs.10001010 Normal +10 Bonus = 204X10 = 404x10 (Normal) + 4x10 (Bonus) = 80PDC= 2X10=20

VDC= 2(10+10)=40		NA
2.Rs.50005050 Normal + 50 Bonus = 1004X50= 2004X50 + 4X50= 400PDC= 2X50 = 100

VDC= 2(50+50) = 200		NA
3.Rs. 25000250250 Normal + 250 Bonus4x250 = 1000 (only when max. Campaings pts are 1000 per txn else limit as per TnC applies)4X250 + 4X250 = 2000PDC: 2X250 = 500

VDC: 2 (250+250)= 1000		NA
4.Rs. 50000500500 Normal + 500 BonusIf campaign running then do accordingly to max. acceleraed rewards per txn else you will get the max. say 100/250/500/1000 as per TnCIf campaign running then do accordingly to max. acceleraed rewards per txn else you will get the max. say 100/250/500/1000 as per TnCPDC: 2X500 = 1000 Pts

VDC: 2 (500+500)= 2000 Pts		With PDC: 0

With VDC: 1000 Milestone pts because you have earned 500 Normal + 500 Bonus.

The campaign points and its multipliers will be shared with offer coming. The 5X example given above is just for understanding purpose. SBI keeps running campaign but multiplier effect changes like sometimes it is 2X accelerated rewards, sometimes 3X and sometimes 5X. So pts are given according to it.

Old Campaigns:

SBI is back with new campaign for month of October.
Carnival 5.0 with SBI Rewardz

Terms & Conditions

Source: https://rewardz.sbi/content/SBI_Carnival_TNC

Special Thanks: @6ix9ine


Sept Month Offer: SBI is back with new campaign for month of September.

TnC page arrived at SBI Rewardz website. VIsit https://rewardz.sbi/content/sbi-september-spectacular-campaign

Image Credit: @Centurion_wala
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just wanted to say thanks to folks who have shared info and special thanks to

@desiviru

@6ix9ine

@Abhishek012

for keeping this 80+ pages growing thread up to date with correct info and helping us all, kudos to you three and once again thanks a lot 😀 👍
 
darkjediknight said:
Anyone used this card from Union bank?

Says 4 reward points per ₹100 spent. That would mean 1% return. Not sure about redemption options though.
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A good find but paying 400+72 GST won't recover the extra 0.5% until your bill payments are adding Rs.188800 to your current bill. (188800/100= 1888 Pts which is equal to Rs.472). So this much txns will recover card cost only. Now this much txn with SBI VDC or ~2L will give you Rs.1000 itself and if bonus are credited then Rs.2000 adding milestone benefits also.

So with this UBI card, you will start to gain only after 4L txns per year and also if we consider SBI bonus are zero or they stop giving it at all. Other is campaigns are run by SBI regularly so that also adds to its tally. N fee for VDC is a big gain which keeps ball in court of SBI.

Check here https://www.unionrewardz.com/content/overview as it also has 0.25%.

All banks have tie-up with Loylty and same website with minor changes. I am unable to find per month maximum pts limit in Overview and FAQs.
 
darkjediknight said:
Anyone used this card from Union bank?

Says 4 reward points per ₹100 spent. That would mean 1% return. Not sure about redemption options though.
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Check these threads:

(1) https://www.technofino.in/community/threads/regarding-union-bank-signature-debit-card.32901/

(2) https://www.technofino.in/community/threads/1-to-0-25-cc-bills-using-union-bank.11471/

Someone will definitely report your post for hijacking the thread, it's better to post your queries there.
 
6ix9ine said:
Check these threads:

(1) https://www.technofino.in/community/threads/regarding-union-bank-signature-debit-card.32901/

(2) https://www.technofino.in/community/threads/1-to-0-25-cc-bills-using-union-bank.11471/

Someone will definitely report your post for hijacking the thread, it's better to post your queries there.
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Reading these posts give me an idea that loylty and bank deliberately don't provide pts as 90% of customers won't care to reach them and they benefit from it. This is a very old business trick where you cheat all and expect only 5% to come back complaining as others don't have time to fight for it.

So this rewards not coming is a deliberate move as at same time when I am not receiving SBI Bonus, IDFC also not giving any pts. Seems like will have to reach them after 5 Jan 2025.
 
desiviru said:
A good find but paying 400+72 GST won't recover the extra 0.5% until your bill payments are adding Rs.188800 to your current bill. (188800/100= 1888 Pts which is equal to Rs.472). So this much txns will recover card cost only. Now this much txn with SBI VDC or ~2L will give you Rs.1000 itself and if bonus are credited then Rs.2000 adding milestone benefits also.

So with this UBI card, you will start to gain only after 4L txns per year and also if we consider SBI bonus are zero or they stop giving it at all. Other is campaigns are run by SBI regularly so that also adds to its tally. N fee for VDC is a big gain which keeps ball in court of SBI.

Check here https://www.unionrewardz.com/content/overview as it also has 0.25%.

All banks have tie-up with Loylty and same website with minor changes. I am unable to find per month maximum pts limit in Overview and FAQs.
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Thanks. Sticking to VDC 😅
 
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