If there is one type of offer that i don’t like with Credit cards, that’s the “top spender” program. Its more like a lott*ry promo as you’ve no control on where you stand among the others. So if you decide to spend 3 Lakhs hoping to win and if you loose, you not only loose the offer but also loose all those points that you could have earned otherwise on other cards/offers.
Anyway, SBICard have came up with lots of prizes that it maybe worth for some who don’t have access to other card offers. Here’s the offer:
SBICard Diwali Top Spender Program – Offer Details
- Rs.50,000 MMT Holiday Voucher
- Winners Count: 20
- Spend Period: 9th Oct to 8th Nov 2018
That’s 5% value if you can spend 10 Lakhs and win. Not worth spending more than that for obvious reasons. This is not possible for many, so lets move to next offer.
- Xioami Mi Mix 2 (Value: Rs.23,000 as on Flipkart)
- Winners Count: 75 (25/week for 3 weeks)
- Spend Period: 9th Oct to 8th Nov 2018 (Weekly reset)
That’s again close to 5% value when you can spend about 5 Lakhs and win. Probability of winning this is more compared to the Offer #1 as the No. of winners are high.
- Rs.5,000 MMT Hotel Voucher (5*1k)
- Winners Count: 60 Winners/day
- Spend Period: 9th Oct to 8th Nov 2018 (Daily reset)
Now this is the offer that can be easily achieved given the per day winner count volume. Infact a lot of you will be getting this voucher even if you spend close to ~1L, because if someone spends more, they’ll goto the offer #2 as only one voucher is given to the winner in the entire offer period.
But the most important thing is: Its Useless for many as you can use only one 1k MMT voucher per booking. More info on the offer is here.
I still continue to skip these types of offers for now, for the reasons i’ve mentioned above. If SBICard really cares about its customers, they could have atleast done a mix of confirmed offer on spending Rs.X with Offer #2 and leaving the Offer #1 for top spender.
In a country where Lott*ry is prohibited, I wish RBI too comes up with a ban on these types of promos. What say? 😉
Anyway, if you’re disappointed with SBICard offers, you may also check out other credit card diwali offers here.
That aside, who’s counting on SBICard promos this year? Wondering if there are any souls around here.