SBI Card PhonePe SBI Card – CVP new SBI CC launching

[Dr.AMAN]

Received The eSigned eSign_Application_Form From SBI In mail !!

is there still chances of rejection ??

Esign is just a form of kyc. If u already have an existing SBI card then they ask us to do just the esign without the need to do vkyc. After this esign ur application goes to their CC managers for underwriting. U may receive 2-3 calls. U can never be sure of the approval until u get the limit split call.

 

[Shubham7]

I tried paying electricity bill of Rs 6340, got this merchant 'Phonepeutility'. It has only 0.86% additional charge. Will it give 10% reward points?

View attachment 107247

100% cashback milega 👍

 

[Shubham7]

some one here did mention that we need to make a call to CS and I have the updated table too.
Any redemption charges ?

99 + gst

 

[The_One]

some one here did mention that we need to make a call to CS and I have the updated table too.
Any redemption charges ?

This is the updated posted by concerned person.

Update 1:



Update 2: Nodal Office email:

 

[The_One]

99 + gst

Do you know anyone or a live example, who got charged for redemption on phonepe SBI Credit card for statement credit of reward points? Thanks

 

[panu24]

99 + gst

Right. For any reward point redemption in SBI, it's 99 + 18% gst charges.

 

[TheRecharger]

Can you share the process of getting cashback card converting to LTF? How old was your card & yearly spends on it?

Cashback spends over 2.5L (2.5Y old)
Simply Click spends hardly 20k (5Y old)
Along with Simply Save (LTF, 8-9Y old)
Applied for closure for Simply Click on SBI Card web, got a call from retention team and I was offered LTF Cashback and reversal of Simply click annual fees. Got confirmation for LTF Cashback via mail when asked.

 

[The_One]

Cashback spends over 2.5L (2.5Y old)
Simply Click spends hardly 20k (5Y old)
Along with Simply Save (LTF, 8-9Y old)
Applied for closure for Simply Click on SBI Card web, got a call from retention team and I was offered LTF Cashback and reversal of Simply click annual fees. Got confirmation for LTF Cashback via mail when asked.

Thanks for sharing this.

 

[kapil94688]

I need advice on an EMI issue with my SBI Card. I made a purchase on Amazon and chose EMI. At first, I got a credit entry saying “CREDIT FOR MERCHANT EMI BOOKED”, but the next day the same amount was debited again.

I also received an EMI confirmation mail showing the first EMI date next billing date, but the credit has not come back. Now my total due is still the full purchase value. What’s the point of opting for EMI if I have to pay the entire amount first and then they convert it into EMI later?

Has anyone else faced this issue? What should I do?

 

[drvirag]

I need advice on an EMI issue with my SBI Card. I made a purchase on Amazon and chose EMI. At first, I got a credit entry saying “CREDIT FOR MERCHANT EMI BOOKED”, but the next day the same amount was debited again.

I also received an EMI confirmation mail showing the first EMI date next billing date, but the credit has not come back. Now my total due is still the full purchase value. What’s the point of opting for EMI if I have to pay the entire amount first and then they convert it into EMI later?

Has anyone else faced this issue? What should I do?

Usual process in sbi. Dont worry

 

[kapil94688]

Usual process in sbi. Dont worry

So that means I just have to pay the full amount now? No other solution?

 

[The_One]

So that means I just have to pay the full amount now? No other solution?

wait for 2-3 days that amount will be reversed & EMI will be billed. whenever we choose EMI first the full amount will be charged later the full amount will be reversed and EMI will be charged. Still in doubt call or write to customer care.

 

[rrsji]

What are those accelerated reward portal for amazon pay gift voucher?

 

[kapil94688]

wait for 2-3 days that amount will be reversed & EMI will be billed. whenever we choose EMI first the full amount will be charged later the full amount will be reversed and EMI will be charged. Still in doubt call or write to customer care.

The transaction date is 03-Aug-2025, and my billing date is 05 of the month. The credit for EMI conversion was received on 05-Aug-2025 but was debited again on 06-Aug-2025 and has not been credited back yet. My due date is 25-Aug-2025.

 

[pramuknura]

some one here did mention that we need to make a call to CS and I have the updated table too.
Any redemption charges ?

What is the post # where you posted the consolidated details?

 

[pramuknura]

I tried paying electricity bill of Rs 6340, got this merchant 'Phonepeutility'. It has only 0.86% additional charge. Will it give 10% reward points?

View attachment 107247

Did you pay with this? if so please confirm once you get the RPs credited.

 

[HumorSimpson]

What is the post # where you posted the consolidated details?

Search for tenali

 

[The_One]

The transaction date is 03-Aug-2025, and my billing date is 05 of the month. The credit for EMI conversion was received on 05-Aug-2025 but was debited again on 06-Aug-2025 and has not been credited back yet. My due date is 25-Aug-2025.

reach out to customer care immediately as you do not have much time now.

 

[Abhishek012]

Did you pay with this? if so please confirm once you get the RPs credited.

phonepeutility is also eligible merchant name for 10% cb.

 

[nikhil_118]

No
2% charges only give 10% cb

I don't think so. I did an insurance payment and fasttag recharge both were having around 0.86% fee. Got 10% rewards today (1230 pts)