Reward Point Program Sample Clauses

Reward Point Program. The Reward Point Program allows eligible SBI Cardholder(s) to accumulate points from spending on their SBI Credit Card as determined by SBICPSL from time to time. (a) The accelerated categories defined from time to time shall have the same meaning as ascribed to the categories by Visa & Master Card under their respective Merchant Category Codes. (i.e.) The franchisees have listed qualifying criteria for merchant establishments in order to qualify to be listed under a specified category. (like departmental stores, groceries etc) The merchant establishment needs to have accordingly qualified and hence listed in the accelerated Category, in order for the transaction to be eligible for the accelerated Reward Points. (b) The sub categories and their respective MCCs under each of accelerated Reward Points include the following: Departmental Stores & Groceries (Effective 15th March, 2017, accelerated reward points will not be applicable on transactions at following merchants: Metro Cash & Carry , Walmart & Reliance Market. Normal Reward Point accrual will still be applicable on transactions done at afore-mentioned merchants). However, identification of eligible & non-eligible transactions on these merchants for the purpose of Rewards shall be done by SBICPSL on a best effort basis. I. Departmental Stores: 5311

Reward Point Program a. The SBI Card Rewards Program (“the Program”) allows eligible Yatra SBI Cardholder (“Cardholder/s”) to accumulate point (“Points”) from spending on their Yatra SBI Card, as determined by SBI Cards & Payment Services Limited (“SBICPSL”) from time to time. Points accumulated on such SBI Card can be exchanged for ▇▇▇▇▇.▇▇▇ discount vouchers.