SBI extends Debit Cards cash back campaign upto Sept 30

State Bank Group had started cash back campaign on 1st July 2008 for two months to promote the usage of Debit Cards on POS. On getting the overwhelming response from the Debit Card holders, Bank has decided to extend the offer period by another month – up to 30th September 2008.

In addition to cash withdrawals and other utilities like fund transfer, donations, mobile top up, payment of fees, etc., State bank customers will also be able to use their debit cards to pay for purchases, restaurant bills, hotel bills, airline tickets, etc. Payment with Debit Cards for goods and services is easier than writing cheques and safer than carrying cash. Debit cards allow users to have a greater control over their expenses unlike a sbi credit card. Even there is no fear of penalty and interest charges on late payment.

All the State Bank Debit Card holders through out the country will be able to avail the offer on the POS transactions made from 1st July to 30th September 2008. The customers will get cash back as under :-

The cash back on transactions (other than on ATM withdrawals and Internet transactions) will get credited to customers’ accounts within 4-6 weeks of the end of the Campaign. The maximum amount of cash back bank is offering during the entire period of offer (01.07.2008 to 30.09.2008) will be Rs.1000/- per debit card.