Cardfare / What changed / SBI Cashback card splits cap: ₹2,000 online + ₹2,000 offline
SBI Cashback card splits cap: ₹2,000 online + ₹2,000 offline
Cashback is now capped at ₹2,000 per statement cycle for 5% online spends and ₹2,000 for 1% offline spends, down from a single ₹5,000 cap. Gaming platforms, tolls and government payments were added to the exclusions.
Cards affected
Source
Online spending is now capped at INR 40,000 to earn 5% Rewards.
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Cards: SimplyCLICK SBI Card
Source: Business Today