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Devaluation RBL Signature+ DC Devalued - No More Cashback on Credit Card payments & GC Purchase

ramkumar_y

TF Select
VIP Lounge
Banker
RBL Signature+ Debit Card Devalued - No More Cashback Voucher on Credit Card Payment & Gift Card related MCC.

While you continue to make the most of your RBL Bank Signature+ Debit Card, we would like to update you with respect to the updated calculations for spends threshold and transactions that will be excluded for availing Monthly Voucher/Annual Voucher/waiver of annual fee, effective 01st May 2024:

1.International transactions and/or transactions carried out on the Merchant Category Codes (MCC) listed below will be excluded from availing Monthly and Annual vouchers and will also not be considered for availing the benefits of the waiver of Annual Fee:

6012- Financial Institutions – Merchandise, Services, and Debt Repayment
6051 - Non-Financial Institutions – Foreign Currency, effective through 19 January 2024, Non-Fiat Currency and effective from 20 January 2024 Liquid and Cryptocurrency Assets (for example: Cryptocurrency), Money Orders (Not Money Transfer), Account Funding (not Stored Value Load), Travelers Cheques, and Debt Repayment
6540- Non-Financial Institutions – Stored Value Card Purchase/Load
6211- Security Brokers/Dealers

2. The minimum spends threshold for being eligible for Monthly vouchers with effect from 1 May 2024 will be INR 25,000 for current account customers.

Full circular attached below.
 

Attachments

  • signature-plus-dc-tnc-notice-424.pdf
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I tried to use Pine perks rupay card for wallet load transaction, got merchant name ONEMOBIKWIK but still transaction got failed. I think it's like hit or miss. Or else Pinepeks doesn't permit utility transaction too?
RuPay Prepaid card se, woh card pe Wallet transaction nahi hota hai.

Pahele bhi try kiya tha hamesa failed hota tha, aaj suddenly PayU gateway open hua, "ONEMOBIKWIK" merchant name aaya and success ho gaya.
 

MJN

TF Premier
Dear All

I am using this card from Dec'23 and used 4 Lakhs till date; I will complete 5 lakhs before May 1st; Already got monthly 1k vouchers without any issue;

1)Will I get Annual 5k voucher? If yes,When?
2) Will I get Annual fee waiver?
3) Can I use wallet load/cc bills for this month to complete my 1L to get Monthly voucher till May 1st?
 

Daunt

TF Premier
Dear All

I am using this card from Dec'23 and used 4 Lakhs till date; I will complete 5 lakhs before May 1st; Already got monthly 1k vouchers without any issue;

1)Will I get Annual 5k voucher? If yes,When?
2) Will I get Annual fee waiver?
3) Can I use wallet load/cc bills for this month to complete my 1L to get Monthly voucher till May 1st?
1. Yes, after 13 months completion
2. Yes
3. Yes
 

Rdspam

TF Premier
I tried to use Pine perks rupay card for wallet load transaction, got merchant name ONEMOBIKWIK but still transaction got failed. I think it's like hit or miss. Or else Pinepeks doesn't permit utility transaction too?
Hit or miss? Did it ever hit for you or is it always misses so far?
 
Hit or miss? Did it ever hit for you or is it always misses so far?
Pine perks doesn't allow wallet transaction but Abhishek has told that he got utility MCC for recent wallet transaction. But while checking myself, transaction has been declined. So asking him.
 

Abhishek012

TF Pioneer
SBI unipay se HDFC CC billpay successfully ho gaya DC se.

Hope next month se sahi se kam kare aise he taki RBL Signature+ Dc ko loot paye.
🤣🤣

Small amount kar k try karna Rs100, phir Rs1000, Utne amount ka he try karna jitna ka approx 15-20 din tak refund aane me sahe sakte ho.

Aise ab refund thora fast aa raha hai failed hone par.
 
Last edited:

bigbyte

TF Premier
VIP Lounge
SBI unipay se HDFC CC billpay successfully ho gaya DC se.

Hope next month se sahi se kam kare aise he taki RBL Signature+ Dc ko loot paye.
🤣🤣

Small amount kar k try karna Rs100, phir Rs1000, Utne amount ka he try karna jitna ka approx 15-20 din tak refund aane me sahe sakte.

Aise ab refund thora fast aa raha hai failed hone par.
SBI se baat karke is problem ko theek Kara dau Abhishek Bhai. Ekdum perfect karwa dau.
 

Pravin1156

TF Buzz
Hi Technofino Team, Any other possibilities to avail that 1% voucher through merchant outlets or other available platforms in india
 
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