This provides 5% cashback up to 500 per month with per transaction limit of 100.
Has anyone opened it with 25k MAB Axess plus savings account?
Has anyone opened it with 25k MAB Axess plus savings account?
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Standard chartered cashback debit card
- Thread starter VijayflyRaven
- Start date
armat
TF Premier
Which is method that you use to get 500 cashback per month? Any fee on this card now ?
Last edited:
No this card is free for my account variant but account needs 15lac balance to be maintained (premium banking)
armat
TF Premier
Which transaction is eligible for cashback ? Wallet load eligible?
can we get cashback on paytm wallet load ? Which is merchant name showing during wallet load ?
Yes beauty of this card we can use for bill pay, wallet load, ecomm, NPS, forex anything
So far these are I used maybe more usages possible
armat
TF Premier
After activating mobile banking, were you able to see the cashback card in bank application? How much time did it took to show in bank application?
armat
TF Premier
If I do 5 transactions of rs 2000 with same merchant, should we get 500 cashback? Or is it necessary to do at different merchants ?
I did 5 of paytm bills same in a month and got cb
I saw the card in mobile application instantly. The debit card won’t show in rewards portal. Looks like cashback will be direct.
armat
TF Premier
Where we can see card details ? I couldn’t see details in app. Could you share a screenshot by hiding details ? Or direct message me
SC does not give access to debit card details on the app. They are still old fashioned.
Did you get cashback for May month @Wealth is my birth right! ? I have not seen any cashback so far in my account.
Not yet
We have 2 more days left
For feb I got on March 1st only so it’s upto scb mood
leonneel
TF Premier
This thread is like heaven to me. I have been trying to upgrade to prime 2L mab account then get the card then downgrade but since there was no guide I was waiting. Now that I found this thread and read everything I think it is time to visit the bank for upgradation
Last two months I hold this account and made transactions (2kx5). Yet to see credits for May.
leonneel
TF Premier
Stopped giving? U think? Then I won't upgrade
I hold SC Premium Savings Account and got this Cashback debit card with it. The MAB is 2L for the premium variant, but my RM told me that it is not compulsory. Usually Premium banking needs 5L MAB as per the rules, but as per my RM, I only had to maintain 5L just for a day, that too on the last day of the month in which you have opened the account. Later you can maintain 2L MAB or even lesser, as my RM told me that he'll get the penalty reversed if there is any.
Anyway, I'm maintaining the 2L MAB + I have opening 5 SIPs from SC invest option.
Perks - You'll get a fully dedicated RM and since SC is really known for its wealth management, mutual fund investments are better carried out here.
Also you're entitled to a complimentary Titanium Cashback Credit card post achieving some total relationship value ( yet to check) and will get invited for Ultimate card as well (not sure when).
Anyway, I'm maintaining the 2L MAB + I have opening 5 SIPs from SC invest option.
Perks - You'll get a fully dedicated RM and since SC is really known for its wealth management, mutual fund investments are better carried out here.
Also you're entitled to a complimentary Titanium Cashback Credit card post achieving some total relationship value ( yet to check) and will get invited for Ultimate card as well (not sure when).
I have not received it even once. Waiting for it this month. I think this needs patience like Axis Magnus.
1) Dedicated RM - Unless this is vital, most can skip it
2) mutual funds are best done with direct source which has no hidden charges. These distributors charge unwanted 1-2% which we can save by using something like coin or mutual fund website.
3) complimentary Titanium card - This card is usually given free and I hold it free. It is useless except for fuel. We have many indirect choices like HP pay to get better rates for fuel. This card is free for me but I have better option these days. If you really need this card, get it and use it extensively and ask for lifetime free. They will make it LTF.
4) ultimate card is available even for lower account like 25k. Just make sure you get a credit card like smart from SC and use it. Once limit crosses 4L, apply for Ultimate using the official website and pay ₹1 and approval in w days. No need to have 5L account.
The 25k account is good enough for most people. The perks mentioned may be not really perks:
1) Dedicated RM - Unless this is vital, most can skip it
2) mutual funds are best done with direct source which has no hidden charges. These distributors charge unwanted 1-2% which we can save by using something like coin or mutual fund website.
3) complimentary Titanium card - This card is usually given free and I hold it free. It is useless except for fuel. We have many indirect choices like HP pay to get better rates for fuel. This card is free for me but I have better option these days. If you really need this card, get it and use it extensively and ask for lifetime free. They will make it LTF.
4) ultimate card is available even for lower account like 25k. Just make sure you get a credit card like smart from SC and use it. Once limit crosses 4L, apply for Ultimate using the official website and pay ₹1 and approval in w days. No need to have 5L account.
I have received the May month cashback today. Patience was required. Looks like they take more than 30 days.
Me too got it
It’s much delayed this month
Usually between 25th and 30th they used to credit
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