Kotak Bank "811 Super Savings Account" Benefits - Important Update 🚨 🚨

[AllThatStuff]

Goodscore app may work for 5%
It must be one of these
Phonepe Private Limited - mcc 5399
PHONEPE PVT LTD - mcc 7399

Pehle khud sure ho jao uske baad yaha dalo, tum khud sure nhi ho, dusre thread par logo se puch rhe ho.

I too got PhonePe Private Limited using 811 DC, which was confirmed by CC that it's an eligible txn for cashback...but I guess I'll have to wait next month for confirmation!!

 

[GURPS]

According to recent terms
Even with right mcc then will not give cashback

If MCC matches then they should give CB. What are the new terms?

 

[6ix9ine]

If MCC matches then they should give CB. What are the new terms?

. . .

Super Savings Account Terms and Conditions | Kotak811

Read the 811 Super Savings Account terms and conditions to open a bank account. Get detailed information and resolve all account-opening-related queries.

www.kotak811.com

 

[arpit10082]

If MCC matches then they should give CB. What are the new terms?

"Bank observed that certain merchants do not use right MCCs while posting a transaction leading to ambiguity. As a remedial action Bank will now also scan narration of the transactions to evaluate cashback eligibility. Transaction narrations related to credit card, wallet load, fund transfer, gift cards, platforms like AmazonPay, Canara Setu etc. and other similar keywords in narration can be construed by Bank for not giving cashback. Decision of Bank on this shall remain final."
https://www.kotak811.com/savings-ac...:~:text=Bank observed that,shall remain final.