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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
    167.7 KB · Views: 106

ramkumar_y

TF Select
VIP Lounge
Banker

Vasuki

TF Pioneer
Contributor
RML Group
VIP Lounge
We will still get cashback for credit card payment via freecharge. Its not a major devaluation.(For edc)
Bro idfc doesn't give reward on cc but there are loopholes in mcc codes..
Point isn't that we will get point or cashback

Point being ..for 5k dc .
They are doing devulation
Better make it exclusive
 

Vasuki

TF Pioneer
Contributor
RML Group
VIP Lounge
Till the time of posting current thread. The above thread posted by you was only about Devaluation of Joining voucher - 50% value Amazon voucher. It's edited before few minutes and recent Devaluation details updated.
True
@S S V will enjoy the thread ..
Exes are not leaving his trail for devulation
 

Vasuki

TF Pioneer
Contributor
RML Group
VIP Lounge
Exactly.. EDC is safe as of now.
Itna bawal kyu ho raha hai?
SPDC ka case hi alag hai.

Something is better than nothing.. isn't it?
Wo toh idfc m v hai sir
Indus me v

But those are fee dc not paid
 

Abhishek012

TF Pioneer
Acha koi yeh batao RBL Enterprise debit card ka monthly voucher toh yeh sab category me nahi milta tha ?

Phir devaluation document me monthly kyun likh diya ?

ya phir isliye kyunki agar kisi ne 10k utility payment me use kiya and baki 10k wallet load kiya toh woh 10k utility payment k liye eligible ho jayega isiliye ? right ?
 

Abhishek012

TF Pioneer
Acha koi yeh batao RBL Enterprise debit card ka monthly voucher toh yeh sab category me nahi milta tha ?

Phir devaluation document me monthly kyun likh diya ?

ya phir isliye kyunki agar kisi ne 10k utility payment me use kiya and baki 10k wallet load kiya toh woh 10k utility payment k liye eligible ho jayega isiliye ? right ?
@VISHESH_BANSAL ab hash kar apni haashi wapas maat lo.
 

imdjay

TF Ace
Contributor
VIP Lounge
Acha koi yeh batao RBL Enterprise debit card ka monthly voucher toh yeh sab category me nahi milta tha ?

Phir devaluation document me monthly kyun likh diya ?

ya phir isliye kyunki agar kisi ne 10k utility payment me use kiya and baki 10k wallet load kiya toh woh 10k utility payment k liye eligible ho jayega isiliye ? right ?
Tumhe lagta hai yaha tumahre doubts koi clear karega ager use pata bhi ho toh?
 
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