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

BhaiyaJi

TF Ace
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:

CategoryMerchant Category Code (MCC)
Jewelry5051, 5094, 5944, 7631
School & Educational Services5111, 5192, 5942, 5943, 8211, 8220, 8241, 8244, 8249, 8299, 8351
Utilities4814, 4900, 9399, 4816, 4899
Insurance Services5960, 6300, 6381
Card, Gift, Novelty & Souvenir Shops5947
Member Financial Institution/Quasi Cash6011, 6012, 6051
Railways4011, 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.


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karankayastha

TF Premier
I used to make education payment to my own account through cred and accumulated 17k cashback till now :D
Bro can't send it to my own account so i did send to a friend got this vendor - Dreamplug Paytech Soluti 400061 IN. Can you please confirm we get 5% for this because i want to do another transaction of 50k to someone or it will be a loss for me
 

raniphore

TF Premier
VIP Lounge
Bro can't send it to my own account so i did send to a friend got this vendor - Dreamplug Paytech Soluti 400061 IN. Can you please confirm we get 5% for this because i want to do another transaction of 50k to someone or it will be a loss for me
I got 5% cashback this month too. Utilise it before 1st May.
 
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