Attention! SBI credit card holders won't get to avail THIS benefit from today. Deets inside
5 years, 3 months ago

Attention! SBI credit card holders won't get to avail THIS benefit from today. Deets inside

India TV News  

SBI credit card holders alert! Credit cardholders won't get a 0.75 per cent discount on buying fuel at petrol pumps from today. SBI has informed its credit card customers that the 0.75 per cent cashback on fuel transactions will be discontinued effect from October 1, 2019. "Dear SBI credit cardholder, as advised by public sector oil marketing companies, the 0.75 per cent cashback on fuel transactions will be discontinued with effect from October 1, 2019," the country's largest bank in a text message informed its credit card customers. From today you won't get to avail this big benefit Back then, the government had asked Indian Oil Corp, Bharat Petroleum Corp Ltd and Hindustan Petroleum Corp Ltd to give a 0.75 per cent discount on card payments for fuel purchases after a widespread cash crunch in late 20016 following demonetisation of 86 per cent of currency notes in circulation.

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History of this topic

SBI Bank Alert! Your SBI Debit, Credit Card may get permanently blocked after March 16
4 years, 9 months ago

SBI Bank Alert! Your SBI Debit, Credit Card may get permanently blocked after March 16

India TV News  

SBI Debit, Credit card transaction alert: Do you hold an account with the State Bank of India? The State Bank of India, India's largest lender, may block your debit and credit card online facility by March 16, 2020, if you haven't done online transactions for at least once since its issuance. The State Bank has been notifying its customers through …

SBI's credit card business aims to raise $1.1 billion via IPO: source
5 years, 4 months ago

SBI's credit card business aims to raise $1.1 billion via IPO: source

India Today  

SBI has already tapped banks to run the IPO process and a listing is expected to happen in the last quarter of this financial year, bank officials have previously said. At the end of March 31, 2019, SBI Card, which is 74 per cent owned by SBI and 26 per cent by U.S private equity firm Carlyle Group, had total …

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