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

[ramkumar_y]

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.

 

[CHOCOPANDA]

I closed my rbl bank online account and permanently blocked edc dc.

Opened account with 5k. Got my 5k today on account closure.

Net profit of 5681 within 11 months from edc dc.

No regret.
Due to the changing mcc . And lastest tnc , I thought just use hdfc millenia dc and be tension free.

 

[Abhishek012]

I closed my rbl bank online account and permanently blocked edc dc.

Opened account with 5k. Got my 5k today on account closure.

Net profit of 5681 within 11 months from edc dc.

No regret.
Due to the changing mcc . And lastest tnc , I thought just use hdfc millenia dc and be tension free.

Millenia dc - use HDFC billpay to get 2.5% upto 400 cashback (monthly 16k CC billpay is enough to get Rs400 monthly cashback)

 

[sankar7000]

I closed my rbl bank online account and permanently blocked edc dc.

Opened account with 5k. Got my 5k today on account closure.

Net profit of 5681 within 11 months from edc dc.

No regret.
Due to the changing mcc . And lastest tnc , I thought just use hdfc millenia dc and be tension free.

CAn you close the account online or need to visit branch?

 

[Digitalguy]

Will spending of 5 lacs (including credit card bill payment, wallet reload, etc.) considered before April 30 on RBL signature +? Will I get 5K voucher at year end?

 

[viswanath.t]

Will spending of 5 lacs (including credit card bill payment, wallet reload, etc.) considered before April 30 on RBL signature +? Will I get 5K voucher at year end?

all spends done before 30th april will be consider for 5lac milestone. u will get 5k voucher after ur card anniversary year(if u have received ur card in april 2024 then voucher will be received in may 2025).

 

[Digitalguy]

all spends done before 30th april will be consider for 5lac milestone. u will get 5k voucher after ur card anniversary year(if u have received ur card in april 2024 then voucher will be received in may 2025).

ok. As fees is already waived off, There is no harm in keeping it active.

 

[Digitalguy]

The minimum spends threshold for being eligible for Monthly vouchers with effect from 01st May 2024 will be INR
25,000 for current account customers.

Is it applies to saving acc. ?

 

[CHOCOPANDA]

The minimum spends threshold for being eligible for Monthly vouchers with effect from 01st May 2024 will be INR
25,000 for current account customers.

Is it applies to saving acc. ?

Yes it is

 

[CHOCOPANDA]

CAn you close the account online or need to visit branch?

Branch Jana padega. They will polish you not close. But say I came especially to close. Then they will close

 

[Abhishek012]

ok. As fees is already waived off, There is no harm in keeping it active.

You can still pay credit card bills from SBI unipay, Dhanipay, SriRam one app, Airtel app (RBL Signature+ Debit card, world's best debit card ever).

SBI unipay - Try Rs100 and dnt pay more than 20k per transactions, do multiple transactions like 1k, 5k, 10k or max 20k per transactions. Dnt use SBI unipay at night.

 

[kumars_001]

You can still pay credit card bills from SBI unipay, Dhanipay, SriRam one app, Airtel app (RBL Signature+ Debit card, world's best debit card ever).

SBI unipay - Try Rs100 and dnt pay more than 20k per transactions, do multiple transactions like 1k, 5k, 10k or max 20k per transactions. Dnt use SBI unipay at night.

Looks Airtel app is secure. I guess no special truck for Airtel right. Just pay using credit card bill payment option

 

[Pravin1156]

You can still pay credit card bills from SBI unipay, Dhanipay, SriRam one app, Airtel app (RBL Signature+ Debit card, world's best debit card ever).

SBI unipay - Try Rs100 and dnt pay more than 20k per transactions, do multiple transactions like 1k, 5k, 10k or max 20k per transactions. Dnt use SBI unipay at night.

@Abhishek012 Hi bro, today i have made a bill payment of 100rs in SBI Unipay for HDFC Credit card, When it will get reflected. Please confirm?
Usually SBI Unipay CC Bill payment to HDFC Credit card takes how many days to reflect?

 

[viswanath.t]

@Abhishek012 Hi bro, today i have made a bill payment of 100rs in SBI Unipay for HDFC Credit card, When it will get reflected. Please confirm?
Usually SBI Unipay CC Bill payment to HDFC Credit card takes how many days to reflect?

2-3days for hdfc

 

[Pravin1156]

2-3days for hdfc

Thanks! But date considered as the Bill payment date at SBI Unipay. Am I right?

 

[brightknight]

Thanks! But date considered as the Bill payment date at SBI Unipay. Am I right?

y e s

 

[KingAAR]

SBI unipay working perfectly.

Next month everyone use SBI Unipay for Credit Card bill payment. RBL signature+ DC and get 2% cashback.

whenever I use rbl dc for UNIPAY the payment fails... what to do?

 

[SSV]

whenever I use rbl dc for UNIPAY the payment fails... what to do?

Don't use .

 

[dealminer]

whenever I use rbl dc for UNIPAY the payment fails... what to do?

aaj hi kri hai, ekdm smooth jaa rahi sab trans.

 

[KingAAR]

aaj hi kri hai, ekdm smooth jaa rahi sab trans.

as soon as I enter all card details, cvv etc.. it shows this page

 

[Abhishek012]

as soon as I enter all card details, cvv etc.. it shows this page

Mastercard variant RBL signature+ DC ?