SBI Cashback Card - Converted to LTF (Jan 2025)

[Rishabh]

Hello Folks,

FYI I have recently managed to get my SBI Cashback credit card converted to LTF through an email request 🙂

I have been using the card now from more than 2 years with last 2 years spends crossing 2lacs & have got fee waiver against the same.
Few days back just thought of writing email to SBI team requesting them to consider converting my Cashback card to LTF basis my past spend records without having strong expectation of getting any success.

As a first response got a call from SBI executive mentioning about no such offer available at present on the card to convert it to LTF. And asked me to wait to get offer in future.
But just before the end of the call he asked me if I will continue making similar amount spends on the card if converted to LTF. After confirmation he raised a request for me to change PCTID (for LTF conversion) for the card without giving any assurance that it will be approved.

And after 4-5 days, I got another update on the ticket about successful closure and card converted to LTF.
Something good to cheer about during this devaluation days of Credit cards & also having this as 3rd LTF card from SBI now 🙂

 

[Credit_Cards]

Hello Folks,

FYI I have recently managed to get my SBI Cashback credit card converted to LTF through an email request 🙂

I have been using the card now from more than 2 years with last 2 years spends crossing 2lacs & have got fee waiver against the same.
Few days back just thought of writing email to SBI team requesting them to consider converting my Cashback card to LTF basis my past spend records without having strong expectation of getting any success.

As a first response got a call from SBI executive mentioning about no such offer available at present on the card to convert it to LTF. And asked me to wait to get offer in future.
But just before the end of the call he asked me if I will continue making similar amount spends on the card if converted to LTF. After confirmation he raised a request for me to change PCTID (for LTF conversion) for the card without giving any assurance that it will be approved.

And after 4-5 days, I got another update on the ticket about successful closure and card converted to LTF.
Something good to cheer about during this devaluation days of Credit cards & also having this as 3rd LTF card from SBI now 🙂

kar lo chaahe world toor, aai gazab hai TF pe jugaadpur

 

[Kukku]

Did you ask for closing the octane cc also?
Or just asked for make it LTF?

I just asked about closing simply click.. not octine.. octine offer was there..that's what he says.

 

[Sahil_07]

Hi I currently hold 2 sbi cards.
1. Simplisave ~ 7-8 months old , spent 95k +
1.Sbi Cashback ~ one month old , I can easily hit 2L milestone

But I want to make the Simplisave card ltf as I have better rupay card to spend , How should I approach ? Please share your experience

 

[mailmenow]

Hi I currently hold 2 sbi cards.
1. Simplisave ~ 7-8 months old , spent 95k +
1.Sbi Cashback ~ one month old , I can easily hit 2k milestone

But I want to make the Simplisave card ltf as I have better rupay card to spend , How should I approach ? Please share your experience

2k milestone? +3 words

 

[s1t2y3a3m6]

2k milestone? +3 words

K = L

 

[Sahil_07]

2k milestone? +3 words

I mean lakh 👻

 

[CyberPsych]

They will never approve your request. Requests are approved on many factors, majorly it is spends + tenure of your relationship with SBICard. Most imp, if you asked for LTF and your spends were less than 2L, approval will never be given even if you are a decade old customer.

At 3rd year renewal

bank considers spends in last 12 months , that too only your 12 months of renewal, not calender.

Yes, it is all about spending and repayment also when you hit your fee waiver criteria last 2 years show your relationship with the bank and that you are willing to continue it in the future.

I have SBI BPCL (not octane) and SBI cashback card (both paid cards as of now). I usually reach the annual fee reversal spending of 50k and 2L on these cards in first 6 months and then the next 6 months, the spends will be minimal. Doing this for 2 years (on both cards). If I follow this pattern, is it possible for them to consider any one of the card as LTF just before 3rd year renewal?

 

[Anindya98]

I have SBI BPCL (not octane) and SBI cashback card (both paid cards as of now). I usually reach the annual fee reversal spending of 50k and 2L on these cards in first 6 months and then the next 6 months, the spends will be minimal. Doing this for 2 years (on both cards). If I follow this pattern, is it possible for them to consider any one of the card as LTF just before 3rd year renewal?

Yes, they will consider your case.