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SBI Card PhonePe SBI Card – CVP new SBI CC launching

That's wrong, when you call them they'll say the same thing 2000 RP equivalent to 500 INR with 99+gst redemption fee. Ask them to confirm or connect the call to a supervisor, the supervisor will actually tell you the facts of this card. NO redemption fee and the ratio is ofc 1:1. I redeemed 1000 RP for 1000 rs as statement credits. The card is new so not every SBI executive knows much about the card.
One more question, do I need to wait for the statement generation or I can redeem once the total RP reaches 1k? My bill was on 1st and the RPs was 800 that time and now it went past 1K.
 
I sent an email to customer care and got 500 reward points as statement credit without incurring any other charges within two days.
@HumorSimpson
 

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Really sorry about this. I too thought ...you would get it.
What's your CIBIL score?
Sir 789
And i also got instant cibil hit after applying it
Where can i know why this got declined
I called the customer care after giving application number he only told me that it's got declined because of bank policy and told after 90 days please apply if i will eligible...
 

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After reconsider email sent to cs head, today sbi card fetched my ckyc details. Any hope? Do they do the same even for rejected applications?
Do you have any sbi card before and with how much limit
And why your application got declined have you got any confirmation from them
 
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