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Sbi Simply click card devaluation alert

Batmanbaba

TF Legend
(SOURCED FROM INTERNET)

I got the latest Statement for my SBI SimplyCLICK Credit Card.

I noticed a few devaluation due or done:

>AccURal of 10X Reward Points on online spends at Amazon.in with SimplyCLICK SBI Card will be revised to 5X Reward Points w.e.f 01 Jan’23. Your card will continue to accrue 10X Reward Points on online spends at Apollo 24X7, BookMyShow, Cleartrip , EazyDiner, Lenskart & Netmeds. T&C

>As per the RBI Master direction dated 21 April’22, cardholders are requested to update nominee details for the complimentary Air Accident / Personal Accident cover offered on their Credit Card(s). For details, refer Insurance Nominee section on the subsequent page.

>W.e.f. 01 Oct’22, Fees, Charges & GST will not accrue any interest, and will be included in the Minimum Amount Due. Interest will continue to accrue on customer initiated spends, interest & EMIs in the event of non-payment or delay in payment of Total Amount Due. Charges which are part of the transaction amount, like Fuel Surcharge, IRCTC Surcharge, etc. will also continue to accrue interest.

>W.e.f. 15 Nov 2022, Processing Fee on all Merchant EMI transactions will be revised to Rs.199 + applicable taxes from Rs.99 + applicable taxes.
 
(SOURCED FROM INTERNET)

I got the latest Statement for my SBI SimplyCLICK Credit Card.

I noticed a few devaluation due or done:

>AccURal of 10X Reward Points on online spends at Amazon.in with SimplyCLICK SBI Card will be revised to 5X Reward Points w.e.f 01 Jan’23. Your card will continue to accrue 10X Reward Points on online spends at Apollo 24X7, BookMyShow, Cleartrip , EazyDiner, Lenskart & Netmeds. T&C

>As per the RBI Master direction dated 21 April’22, cardholders are requested to update nominee details for the complimentary Air Accident / Personal Accident cover offered on their Credit Card(s). For details, refer Insurance Nominee section on the subsequent page.

>W.e.f. 01 Oct’22, Fees, Charges & GST will not accrue any interest, and will be included in the Minimum Amount Due. Interest will continue to accrue on customer initiated spends, interest & EMIs in the event of non-payment or delay in payment of Total Amount Due. Charges which are part of the transaction amount, like Fuel Surcharge, IRCTC Surcharge, etc. will also continue to accrue interest.

>W.e.f. 15 Nov 2022, Processing Fee on all Merchant EMI transactions will be revised to Rs.199 + applicable taxes from Rs.99 + applicable taxes.
10x RP itself was not really helpful when compared to the competition. Not sure if they reduced as they have sufficient numbers for SimplyClick and most of the transactions are for Amazon
 
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