SBI Cashback credit card official benefits revised w.e.f. 1st May 2023

[BhaiyaJi]

REVISION OF BENEFITS ON CASHBACK SBI CARD:

With effect from 01 May 2023, following changes will be applicable on your CASHBACK SBI Card:

A. Below categories will not be eligible for Cashback benefit, apart from existing exclusions:

Category	Merchant Category Code (MCC)
Jewelry	5051, 5094, 5944, 7631
School & Educational Services	5111, 5192, 5942, 5943, 8211, 8220, 8241, 8244, 8249, 8299, 8351
Utilities	4814, 4900, 9399, 4816, 4899
Insurance Services	5960, 6300, 6381
Card, Gift, Novelty & Souvenir Shops	5947
Member Financial Institution/Quasi Cash	6011, 6012, 6051
Railways	4011, 4112

The Merchant Category Codes are defined by the Networks and are subjected to change basis their discretion and such changes shall be implemented basis communication from the Networks without any requirement for intimation/information to the customers.

B. Maximum Cashback that can be earned on online & offline spends in a statement cycle will be capped at `5000.

C. Complimentary Domestic Airport Lounge benefit will be discontinued.

https://www.sbicard.com/sbi-card-en/assets/docs/pdf/tnc/tnc-Cashback-Card-Revision.pdf

 

[karankayastha]

How to identify MCC for SBI Card transaction?

1. Send an email to customercare@sbicard.com
2. If you are sending email from SBI card app then choose category as "statement related issues/statement calculation/clarification"
3. Add details about transaction like date and amount
4. They will respond back with more details of txn and it will have MCC
5. This will work only for settled txn, for unsettled MCC will be 0000
6. Cashback SBI card is issued on Visa, so refer this PDF for MCC details https://usa.visa.com/content/dam/VCOM/download/merchants/visa-merchant-data-standards-manual.pdf

Interesting point: Recently I purchased 50K amazon GC on my proprietary company portal and it has MCC as 5817. It refers to "Merchants classified with this MCC sell applications or software (excludes games) that are delivered in electronic format." So I am saved as of now with devaluation 🤑🤑

Now you all flood SBI Card with your request to know MCC.

so whats the MCC for GV through amazon?

 

[bugmenot]

so whats the MCC for GV through amazon?

I didn't ask, could you ask for us? I have given clear steps.

 

[rohanm494]

Luckily getting www Amazon in

So what difference www or Amazon gift card ? I'm guessing from the app it will be Amazon gift Card written and from the website it will be www...

 

[Dexter]

How to identify MCC for SBI Card transaction?

1. Send an email to customercare@sbicard.com
2. If you are sending email from SBI card app then choose category as "statement related issues/statement calculation/clarification"
3. Add details about transaction like date and amount
4. They will respond back with more details of txn and it will have MCC
5. This will work only for settled txn, for unsettled MCC will be 0000
6. Cashback SBI card is issued on Visa, so refer this PDF for MCC details https://usa.visa.com/content/dam/VCOM/download/merchants/visa-merchant-data-standards-manual.pdf

Interesting point: Recently I purchased 50K amazon GC on my proprietary company portal and it has MCC as 5817. It refers to "Merchants classified with this MCC sell applications or software (excludes games) that are delivered in electronic format." So I am saved as of now with devaluation 🤑🤑

Now you all flood SBI Card with your request to know MCC.

Is it benefithub?

 

[bugmenot]

Is it benefithub?

No, it's custom in-house developed portal.

 

[bugmenot]

Will try and let u know
Got it now

Did you try?

 

[MangoRush]

Anyone tried to buy Amazon GV from Amazon itself using SBI CB CC?

Attention
The card has been added to your Wallet but will not be available for use for this purchase.

 

[pprakash11]

Anyone tried to buy Amazon GV from Amazon itself using SBI CB CC?

You have exhausted your limit of purchasing AGC using cc

 

[John123]

You have exhausted your limit of purchasing AGC using cc

No, This is not the case. Amazon isnt allowing me to purchase gift cards for last 2 months using SBI CB

 

[pprakash11]

No, This is not the case. Amazon isnt allowing me to purchase gift cards for last 2 months using SBI CB

How much of AGC you have purchased since last 3 months ?

 

[John Since]

I have enquired about the MCC for last month gift card purchase.
5399 is the code that is being applied.

 

[VISHESH_BANSAL]

Me

I have enquired about the MCC for last month gift card purchase.
5399 is the code that is being applied.

Merchant Name ?

 

[John Since]

Me

Merchant Name ?

www.amazon.in is showing in the statement

 

[John123]

How much of AGC you have purchased since last 3 months ?

Just 2000

 

[bugmenot]

I have enquired about the MCC for last month gift card purchase.
5399 is the code that is being applied.

This is good news then

5399 - Miscellaneous General Merchandise

Merchants classified with this MCC sell a general lineo f merchandise. Generally, these merchants sell thes ame type of merchandise and operate in the same manner as a department store, but on a much smaller scale.

 

[VISHESH_BANSAL]

This is good news then

5399 - Miscellaneous General Merchandise

Merchants classified with this MCC sell a general lineo f merchandise. Generally, these merchants sell thes ame type of merchandise and operate in the same manner as a department store, but on a much smaller scale.

Amazon can change MCC anytime.
Before doing a big txn, always verify with Rs.100 txn

 

[jack333]

I have enquired about the MCC for last month gift card purchase.
5399 is the code that is being applied.

5399 you got for gv with merchant name AMAZON, www.amazon.in or AMAZON GIFT CARD. These 3 merchant names are coming these days for voucher

 

[MangoRush]

You have exhausted your limit of purchasing AGC using cc

Tried with a new account new card combo, still same issue.

 

[raniphore]

Reaping the benefit before 1st May. RIP SBI CC.🥺 Had a wonderful journey of 4 months.

 

[paresh22]

Purchasing 10k Amazon GC on gyftr using Cashback card still giving 5% cashback right?