SBI card just started debited reward points from user account who had received cashback Or reward points during sale seasons. You will see “Statement DB – RP Forefeit For CBK Offer” in your card statement and the amount will be debited from your credit card.
I think you are aware that SBI card has updated reward system for Cashback card, Simplyclick card and Simplysave card. You will not get reward points or cashback on these SBI credit cards during sale days.
But previous during Amazon Great Indian Festival and Flipkart Big Billion Days many users get discount as well as cashback & reward points. But now SBI card started debiting reward points from your credit card, If your credit card doesn’t have sufficient reward points then they will debit equivalent amount from your card you can check from card statement.
I think you received an email from SBI card in October 2022, check the email below.
Dear Cardholder,
This is to inform you that Reward Points accrued on transactions eligible for Instant Discount and Cashback offers will be forfeited as per T&Cs of the Offer Program. Reward points will be forfeited for all transactions done during offer period and considered for Offer computation.
In case a cardholder does not have adequate Reward Points balance at the time of forfeiture, an amount equal to the deficit in the Reward Points will be debited from his / her credit card account.
In case of any other query, would request you to please contact the SBI Card Helpline at 39 02 02 02 (prefix local STD code) or 1860 180 1290.
Warm regards,
SBI Card
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In my card 470rs debited on statement db-rp forfeit cashback for cbk offer.
My card debit 488-210 on statement db rp forfeit
If thos is the case then buying goods with these cards is useless we have to pay the full amount when we have less reward points. Better to use some other bank cards.
so if we get any instant discount/ earn reward points for shoppiing, they’ll be taken back automatically…
Bahut hi galat bat hai ye, aisa customer ke sath nhi hona chahiye, koi rule hona chahiye agar aisa krna v hai to sbi ko .
Acha ye jo credit card se paisa cut gya hai wo nhi milega na, customer ko ??
Thank you for sharing such informative article. I should close my Simplyclick card now. SBI has debited 1500 rupees for CBK offers
SBI card is a scam. 1890 rupees debited from SBI Simplyclick credit card and I can see on statement db rp reward forefeit on my card statement. It’s a scam by SBI card. It’s not fair and unethical
INR 1037/- debited from my credit card even though I have enough reward points.
Moreiver, it doesn’t make sense to use any SBI credit card now because they can do shit any time on any card.
Arre mere toh closed credit card mai sai 1000 rs ka bill bhej diya sbi ne.
SBI card seriously a scam these days.