Hot Deal

Credit Card Golden Days Over

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Deal Cadet
Desidime User

After the devaluation of all banks, including ICICI, HDFC, and Axis, it seems the golden days of credit cards are over.

We used to get 5% cashback on Amazon Pay gift card purchases with SBI cashback and HDFC Swiggy card. However, Amazon has put the last nail in the coffin by changing the MCC code.

Soon, we will only get a 50-day credit period and nothing else. Finfluencers and YouTubers sharing tricks to misuse credit cards are responsible.

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Top Comments
Deal Lieutenant Deal Lieutenant
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I see this crying in every cycle:)

nah this is bound to happen:) dont cry:) new credit cards will appear:) 


wait and watch:) this is cat and mouse game:) nothing will last eternity and the cycle will repeat:) WITH NEW SETS OF CARDS


thats the whole system:) credit card system is designed this way:) of devaluation and revaluation or new cards:)


Side note: Buy amazon voucher else where lol 

Deal Subedar Deal Subedar
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Since when sbi cb card stopped giving cb on Amazon gv purchase on Amazon?

Finance Mentor Finance Mentor
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Nahi hua kuch band, har mahine 1 banda aa kar aise post daalta hai, ignore karo.

5% sbi cb card - Amazon gift card merchant name aaye toh buy mat karna, otherwise buy kar lena.
Deal Cadet Deal Cadet
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Is this applicable on HdFc millenia as well?


Deal Cadet Deal Cadet
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I wasn't till last month. The merchant name while purchasing gv using HDFC was always "Amazon Gift Card", still they used to credit 5%. So just be cautious since it can happen anytime.
The screenshot attached above shows the transaction date of Oct 12, so the cashback will be credited next month. And since the merchant name is the same as before, nothing has actually changed.
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Deal Lieutenant Deal Lieutenant
Link Copied

I see this crying in every cycle:)

nah this is bound to happen:) dont cry:) new credit cards will appear:) 


wait and watch:) this is cat and mouse game:) nothing will last eternity and the cycle will repeat:) WITH NEW SETS OF CARDS


thats the whole system:) credit card system is designed this way:) of devaluation and revaluation or new cards:)


Side note: Buy amazon voucher else where lol 

Deal Cadet Deal Cadet
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no cashback on buying gift card through SBI Cashback and HDFC swiggy card, wherever you buy.

Amazon was using Shopping MCC for gift card purchase

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Deal Lieutenant Deal Lieutenant
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persevere

Deal Cadet Deal Cadet
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Is this applicable on HdFc millenia as well?


Deal Cadet Deal Cadet
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I wasn't till last month. The merchant name while purchasing gv using HDFC was always "Amazon Gift Card", still they used to credit 5%. So just be cautious since it can happen anytime.
The screenshot attached above shows the transaction date of Oct 12, so the cashback will be credited next month. And since the merchant name is the same as before, nothing has actually changed.
Deal Subedar Deal Subedar
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Since when sbi cb card stopped giving cb on Amazon gv purchase on Amazon?

Finance Mentor Finance Mentor
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Nahi hua kuch band, har mahine 1 banda aa kar aise post daalta hai, ignore karo.

5% sbi cb card - Amazon gift card merchant name aaye toh buy mat karna, otherwise buy kar lena.
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Deal Cadet Deal Cadet
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You can still get 5% and 35.6% off without any issues.

Deal Cadet Deal Cadet
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How ?

Deal Cadet Deal Cadet
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Seems Post is about SBI CB card and hdfc swiggy, why we are dragging Hdfc millenia in discussion.😀

Deal Cadet Deal Cadet
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Yes right, Millennia card mein waise bhi reward redemption 58 rupee fee kat ke cashback 4.4 % ho jata hai 😜

Millenia toh bekaar card ho chuka hai.

accha khasa lounge access bhi mil raha tha. Card ka murder kar dia HDFC

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Deal Lieutenant Deal Lieutenant
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Just now purchased a Az gift card from Amazon. MCC is not changed to “Gift Card”.

imagepicker3F99544A-CEA3-47A6-94FD-38EDF6430B6D-50276-0000085205F7F0E6

Deal Subedar Deal Subedar
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tataneu still working?
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Deal Subedar Deal Subedar
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Got Cb for all. Did txn on 12th oct. Name as you can see. Screenshot20241016-021831SBICard
Deal Cadet Deal Cadet
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Why amazon changed it only for Swiggy?

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Deal Cadet Deal Cadet
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Guys, Here is final update...

For Mastercard its game over (swiggy card)

For Visa its still game, but for how long ??? (SBI, Millenia)

If MCC Changed for Mastercard it will soon change for Visa...

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Deal Subedar Deal Subedar
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Because of. Awareness  credit card offers in YouTube influencers how every one want credit card

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