SBI has finally updated reward FAQs

[Manishg]

Is there any way to use a RuPay debit card for UPI payments? I am not talking about a credit card.

Wallet load using debit card

 

[ankit ojha]

The maximum limit is 10,000 reward point per month. Does it include 1000 bonus reward point of 1lakh spending . Suppose I spend 4,00,000 in a month so normal reward point 4,000 and virtual debit card bonus 4,000 and (4,000 +4,000 )bonus for 4,00,000 spend . So what I will get in a month total .
A. 10,000 reward ( capped )
B. 16,000 reward [(4000+4000)+(4000+4000)]
C. 12,000 reward [ (4000+4000)+ 4000 only as per lakh spend]

 

[vivekshah]

Wallet load using debit card

Which wallet allow UPI payments using wallet balance ? Cred not allowing. My balance is stuck there unless i pay bills.

 

[vivekshah]

Y E S
use your respective bank's upi service!!

I have SBI Rupay card, Yono allow debit for UPI payments ? Will try on next payment

 

[cleverpappu]

The maximum limit is 10,000 reward point per month. Does it include 1000 bonus reward point of 1lakh spending . Suppose I spend 4,00,000 in a month so normal reward point 4,000 and virtual debit card bonus 4,000 and (4,000 +4,000 )bonus for 4,00,000 spend . So what I will get in a month total .
A. 10,000 reward ( capped )
B. 16,000 reward [(4000+4000)+(4000+4000)]
C. 12,000 reward [ (4000+4000)+ 4000 only as per lakh spend]

I think correct answer is option B.
Sbi calculations are is somewhat that i can’t understand.
What if we spend 6L using virtual debit card?
We are going to get total 21000 pts? Coz 10k points is capped but milestone bonus is not capped. Do we keeps getting points for milestone even if we breached monthly 10k capping?

 

[ksreddy12]

I opened SBI Account (Insta Plus Savings account online through VKYC) on 26th March and Generated SBI Rupay VDC on 27th March and From 28th March I started paying Credit card bills using SBI Rupay VDC on Mobikwik. Till now I paid more than 1 Lakh CC bills on mobikwik using SBI VDC but I haven't received a single reward point yet. Am I missing something?

PS - In Rewardz SBI it show total 350 RP for account opening(200 RP), netbanking registration(100 RP) and email verification (50 RP)

It will take 90+ days to show on sbi yono app or rewards platform as per their customer support answer. For me, it took 2.5 months