Good News SBI launched CASHBACK Credit Card

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IndiaN

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It's govt's SBI own ACE Card like private Axis Bank.
 
I've heard some people are getting charged 999+GST within the first week of card issuance even though it says No joining fee.
 
I've heard some people are getting charged 999+GST within the first week of card issuance even though it says No joining fee.
Yes that's true. They are charging with in few days of card activation.
SBI CC first charge fees upfront and refund in the next statement All SBI CC works like this
But why? When you are clearly mentioning free for first year why charging unnecessary?

And, guys any idea about 5% cashback is for premium payment or this cashback card is only for online shopping and food deliveries?
 
But why? When you are clearly mentioning free for first year why charging unnecessary?

And, guys any idea about 5% cashback is for premium payment or this cashback card is only for online shopping and food deliveries?
I don't know this is how they reverse my annual charge every year for achieving the milestone for fee waiver. Insurance payments only yields 1% CB
 
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