Titan SBI Credit Card Value-Back Model: How It Works
The Titan SBI Credit Card operates under a value-back system which distinguishes itself from conventional cashback and rewards credit cards. As a value-back member you receive quarterly rewards instead of monthly cashback benefits making this credit card suited for regular Tanishq and other Titan brand customers.
How Value-Back Works on Titan SBI Card
Shoppers who pay at Tanishq earn value-back as 3% worth of Tanishq gift vouchers that work as future purchase redemption options.
When you spend money on Tanishq and other Titan brands you will get 7.5% cashback and this amount appears on your account within five days of generating your next statement.
The savings programs through this card apply exclusively to physical store purchases made at Titan outlets. The cardholder policy remains unclear about whether such deals extend to both offline and online transactions.
This section reveals the amount of savings possible through the use of the Titan SBI Card.
Users of the Titan SBI Card can potentially save money by evaluating its benefits.
Using the Titan SBI Card to spend ₹1 Lakh at Tanishq stores within a quarter leads to receiving a ₹3,000 Tanishq gift voucher.
Using the Titan SBI Card to spend ₹1 Lakh at CaratLane allows customers to obtain ₹5,000 worth of cashback.
Overall savings amount to ₹8,000 on ₹2 Lakh annual spending which stands superior to other cards since they provide minimal if any discounts on these two categories.
The Titan SBI Card provides substantial worth for its users.
As a co-branded card the Titan SBI Card stands apart from common co-branded models by providing customers 7.5% cashback within Titan’s brand range that consists of Titan Eye+ and Fastrack alongside Skinn. The difficulty in reaching the ₹10,000 cashback restriction exists because the brands have limited everyday use which requires spending approximately ₹1.3 Lakh during a quarterly period to fully capitalize on the rewards benefit.