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SBI Card's Cashback Showdown: Monthly Cap Dropped to Rs 4,000!

SBI Card's Cashback Showdown: Monthly Cap Dropped to Rs 4,000!

Ladies and gentlemen, brace yourselves! Starting April 1, SBI Card is cutting your cashback cap from Rs 5,000 to just Rs 4,000! Online spending gives you 5% cashback up to Rs 2,000, while offline barely scrapes by at 1%! And hold onto your wallets—no cashback on gaming, tolls, or government payments! Adapt or get left in the dust, folks! The game just got serious!

Quick rundown

  1. SBI Card reduces maximum cashback limit from Rs 5,000 to Rs 4,000.
  2. Online and offline spending cashback caps set at Rs 2,000 each.
  3. New exclusions include digital gaming, tolls, and government transactions.
  4. Reward points redemption now requires fixed slabs of 4,000 points.
  5. Users must plan spending to maximize cashback under new rules.

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