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Home Personal Finance Good news for SBI customers, these rules will change from January 1,...

Good news for SBI customers, these rules will change from January 1, know updates on processing fee-reward points

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Bank employees: Good news! Government banks will open only 5 days every week soon, IBA approved, know from when the new rule will be applicable
Bank employees: Good news! Government banks will open only 5 days every week soon, IBA approved, know from when the new rule will be applicable

10X Reward Points on online spends on Amazon.in, SBI Card with SimplyClick/SimplyClick Advantage to be revised to 5X Reward Points w.e.f. 01 Jan 23.

SBI Credit Card Rules: On the one hand, the country’s largest government bank SBI (SBI) has given a big blow to its crores of customers by increasing the loan interest rates ie Marginal Cost of Lending Rate (MCLR) by 0.25 percent, on the other hand from January 1, 2023 Credit card rules will change. SBI has given this information through its website.

State Bank of India Cards and Payment Services has amended some rules for its Simply CLICK card holders. Under this, changes have been made in the credit card rules for card holders, which will be applicable from January 2023. According to the website, on January 6, 2023, there will be a change in two rules for redeeming vouchers and reward points.

Reward Point

SBI Cards & Payment Services on its website said that from January 6, 2023, Cleartrip vouchers issued to SimplyClick cardholders on reaching online spend milestones can be used for only one transaction and cannot be redeemed for any other offer or voucher. cannot be combined with Apart from this, the rules for reward points on online spends with SimplyClick on Amazon.in will also change from January 1.

SimplyClick Advantage

It has been told through the website that 10x Reward Points on online spends on Amazon.in, SBI Card with SimplyClick/SimplyClick Advantage will be revised to 5X Reward Points from 01 Jan 23. Your card will continue to earn 10X reward points on online spends at Apollo 24X7, BookMyShow, Cleartrip, EazyDiner, Lenskart and Netmeds. Earlier, from November 15, 2022, SBI Card had imposed revised charges on EMI transactions and new charges on using credit cards for rent.

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