SBI Prime Utility bill payment rewards work out to be 5%?

[Begger]

As per the SBI Prime Card reward scheme it says, Earn 20 Reward Points per Rs.100 spent on standing instructions of Utility Bills payments, with a capping of 3,000 Reward Points per month (

https://www.sbicard.com/en/personal/credit-cards/rewards/sbi-card-prime-advantage.page)

That means if I pay the bills using the bill pay option directly, I get 20 reward points, which can be equated to 5 rupees. Effectively giving me 5% cash back?
Also, It says standing instructions, so should it be auto payment-enabled transactions only? Has anyone used these services?

 

[Deathsnatcher]

Following.
Did you tried some standing instructions?

 

[PrabhuP]

Interest to know. following .

 

[moneynerd]

haven't enabled standing instructns but i feel there are better cashback cards than sbi, have been using axis ace for utility payments (5% cashback on bills)
relatively unheard of option - recently got the federal amplifi card as well, the 3% rewards on paymebts are uncapped so thats interesting too

 

[sxchzy]

standing instructions means any bill which gets paid directly with a pre auhtorisation made
so can be recurring subscriptions

 

[Begger]

Following.
Did you tried some standing instructions?

standing instructions means any bill which gets paid directly with a pre auhtorisation made
so can be recurring subscriptions

I have been paying my bills manually, with no standing instructions. I think I missed a big opportunity here. I had some LIC payments amounting to close to 1Lakh!

 

[simplegarv]

As per the SBI Prime Card reward scheme it says, Earn 20 Reward Points per Rs.100 spent on standing instructions of Utility Bills payments, with a capping of 3,000 Reward Points per month (

https://www.sbicard.com/en/personal/credit-cards/rewards/sbi-card-prime-advantage.page)

That means if I pay the bills using the bill pay option directly, I get 20 reward points, which can be equated to 5 rupees. Effectively giving me 5% cash back?
Also, It says standing instructions, so should it be auto payment-enabled transactions only? Has anyone used these services?

Is the CashBack thing getting credited into Card A/c.

 

[Begger]

Is the CashBack thing getting credited into Card A/c.

It's not CB, but reward points get equated to 5%. The problem is in the credit card statement, you get the monthly points, so it is very difficult to decipher.

 

[Deathsnatcher]

It's not CB, but reward points get equated to 5%. The problem is in the credit card statement, you get the monthly points, so it is very difficult to decipher.

are you able to pay cc bills via this standing instructions?

 

[Begger]

are you able to pay cc bills via this standing instructions?

SBI Bill Pay doesn't allow credit card payments.

 

[helloworld]

Just out of curiosity, is this offer still exist? If my memory is good, this was stopped in 2022.

 

[Begger]

Just out of curiosity, is this offer still exist? If my memory is good, this was stopped in 2022 itself.

https://www.sbicard.com/en/personal/credit-cards/rewards/sbi-card-prime-advantage.page) Its on the website.

 

[helloworld]

https://www.sbicard.com/en/personal/credit-cards/rewards/sbi-card-prime-advantage.page) Its on the website.

Got it, now they kept limit of earning reward points.

But for 15,000/- per month, don't think this is a good card that too with mandatory standing instructions and limited options in SBI BillPay.

Anyway, if ok look for alternatives like if bills available in Amzn, then Amzn voucher cards, in AIrtel app then axis cards.

 

[PrabhuP]

what is the difference between SBI prime advantage vs SBI Prime card ?

 

[helloworld]

what is the difference between SBI prime advantage vs SBI Prime card ?

advantage = FD card. SBI terminology nothing much.

 

[devarshi84]

The SI option is for prime advantage and not regular prime. I get email offering Cashback every month on non-si payments. Got Cashback on the statement previously.

Prime advantage SI offer of points seems better as Cashback on prime is capped at 350rs

 

[helloworld]

The SI option is for prime advantage and not regular prime. I get email offering Cashback every month on non-si payments. Got Cashback on the statement previously.

Prime advantage SI offer of points seems better as Cashback on prime is capped at 350rs

I do not have that card but advantage = FD based card in SBI and features all are same in every variant. If you're referring product page, do note that they may not update properly because people apply FD based Prime rarely nowadays, but if you're saying based on experience and personal use, good to know that.

Also, this feature earlier exist in both variants and later got removed in 2022 or so IIRC. So, I believe they didn't updated the page properly and real features and benefits can be viewed when we receive welcome letter.

 

[JAM]

I have been getting the 20 Reward Points per Rs.100 spent on standing instructions of Utility Bills payments on SBI Prime Card. It was mentioned in the welcome booklet and on enquiring with SBI customer care they have no idea about anything(they read the website back to you), I got different answers from different executives so decided to try and see for myself and have been getting the points.