From today, no more discounts for credit card users at petrol pumps

From today, 1st October, credit card payments done to buy fuel at petrol pumps will not get any discount. In order to promote digital payments, state-owned oil companies had introduced these discounts using credit/debit cards and e-wallets more than two-and-a-half years ago. However, discounts on debit cards and other modes of digital payments will continue for now.

“Dear SBI credit cardholder, as advised by public sector oil marketing companies, the 0.75 per cent cashback on fuel transactions will be discontinued with effect from October 1, 2019,” the country’s largest bank in a text message informed its credit card customers.