SBI Card PhonePe SBI Card – CVP new SBI CC launching

[Wealth is my birth right!]

So only offline card swipe is offline 1%...
2k cap seems low now for 5%
SBI CB Rupay when😭

Yes 40k max we spend on 5% wala

 

[Abhishek012]

Great News - SBI Phonepe RuPay Credit Card UPI (Card statement generated and Verified) -

All types of offline UPI - got 5% cashback (big merchant, Small merchant)

Online UPI - also got 5% cashback

Also get 5% cb + 5% cb (total 10% cb) on Amazon gold rewards on Amazon shopping.

Note – All offline UPI transactions were genuine (₹100, ₹200 etc) & got 5% CB.

Excluded categories like utilities may get 1% only for 3rd party utilities payment (Except phonepe).

If you try to misuse on free MDR to your own merchant acc, it likely won’t work & MDR fee will be applied later

@nayra

 

[PANK]

Opt online banking 1 rupee verification for instant kyc
Video kyc may take time

I applied and got it approved instantly via bank verification
One last question by which method it gives 10% cb on insurance payment via phonepe upi or otp
Any specific merchant name for insurance that gives 10% will the same applies to other utilities as well

 

[SSV]

I applied and got it approved instantly via bank verification

how is your overleverage situation like??
ie. your total CL + Loans vs total declared income??

are you an existing SBI Card holder?

 

[Wealth is my birth right!]

I applied and got it approved instantly via bank verification
One last question by which method it gives 10% cb on insurance payment via phonepe upi or otp
Any specific merchant name for insurance that gives 10% will the same applies to other utilities as well

As of now assured method is by upi pin not otp
So no worries of merchant name in upi
This applies for both utilities and insurance

 

[PANK]

how is your overleverage situation like??
ie. your total CL + Loans vs total declared income??

are you an existing SBI Card holder?

Income was not asked only company name and designation was asked
After aadhar verification cibil hit was their
Received sms of approx limit
After Bank verification
Card was approved and also received call from SBI that I am eligible kindly complete the KYC
I told that I have done he told he will update in his system
But virtual card is not generated yet message appear taking longer time then usual retry

I don't have any relationship with sbi
Earlier I applied for cashback but it was decline instantly 1 year back
I was getting call from SBI that I am eligible kindly reapply
But when phone pe card come I thought it is better than SBI cashback so I go for it

 

[Sree CC]

I applied and got it approved instantly via bank verification
One last question by which method it gives 10% cb on insurance payment via phonepe upi or otp
Any specific merchant name for insurance that gives 10% will the same applies to other utilities as well

I got 10% on insurance payment via UPI

 

[Shubham Yadav]

C

Note – All offline UPI transactions were genuine (₹100, ₹200 etc) & got 5% CB.

Excluded categories like utilities may get 1% only for 3rd party utilities payment (Except phonepe).

If you try to misuse on free MDR to your own merchant acc, it likely won’t work & MDR fee will be applied later

@nayra

Later Audit mai

Cashback reversal?

 

[HumorSimpson]

C

Later Audit mai

Cashback reversal?

Yes. After 6 months you will see forfeiting.
Its better not to use this for instant disc. and upi 5%.

 

[nh124001]

loot loo.. jitna lot sakte hooo... reverse hogaya.. toh buri kismat...nahi huaa... toh mujhe party dedena 😛

 

[Shubham Yadav]

Yes. After 6 months you will see forfeiting.
Its better not to use this for instant disc. and upi 5%.

I am sensing some sort of catastrophic reversal like simply click

Just be caution guys while using

 

[HumorSimpson]

I am sensing some sort of catastrophic reversal like simply click

Just be caution guys while using

This is bound to happen with Orindum bhaja Govindam tricks. So just use this for utils/insurances.

 

[Gandalf]

Who else is waiting for 21 days period of approval?

 

[npraghatate]

I applied and got it approved instantly via bank verification
One last question by which method it gives 10% cb on insurance payment via phonepe upi or otp
Any specific merchant name for insurance that gives 10% will the same applies to other utilities as well

I also got 2 options, either Video KYC or instant bank verification.
But near video KYC it was written faster option.
Thus I chose video KYC.
But still my application is showing in progress.
I applied on Saturday.
When you applied ?

 

[PANK]

I also got 2 options, either Video KYC or instant bank verification.
But near video KYC it was written faster option.
Thus I chose video KYC.
But still my application is showing in progress.
I applied on Saturday.
When you applied ?

Yesterday only kyc was pending that I did today

 

[Manishg]

Who else is waiting for 21 days period of approval?

Bhai declined without cibil hit on phonepe app

 

[OptiCard]

Bhai declined without cibil hit on phonepe app

Bhai humare toh app pe abhi bhi nahi aaya 😂

 

[Chiraggyl]

Did 3 bill payment via otp method.. First 2 got "UTILITY PP FSS" and and forgot to check in last one now unbilled showing "WWWPHONECOM GURGAON IN".. Does this gives 10% as well? or straight Rs. 550 loss? 🙁

 

[HumorSimpson]

Did 3 bill payment via otp method.. First 2 got "UTILITY PP FSS" and and forgot to check in last one now unbilled showing "WWWPHONECOM GURGAON IN".. Does this gives 10% as well? or straight Rs. 550 loss? 🙁

thank you. please report back the result so I can update this table
https://www.technofino.in/community...–-cvp-new-sbi-cc-launching.42666/post-1086352

 

[OptiCard]

Guys,
One suggestion --> better create 1 sheet and mark the % of return in that 🙂