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Indian Bank Mastercard Debit Card Cash Rewards Offer 2018

Indian Bank Mastercard Debit Card Cash Rewards Offer 2018

Indian Bank makes your shopping experience, even more rewarding! Presenting the IB Mastercard Debit Card Top Spender/Cash Reward Offer on POS and E-Commerce Transactions!

Offer Highlights:
Offer Period : 30 days
Offer Run Date : 29th December 2018 to 27th January 2019
Number and Selection of Winners :

  • Top 550 First-Time Card Users as per ‘amount spent’ (eligibility: Minimum cumulative spent amount during the offer period to be Rs. 10,000/-)
  • Top 500 Cardholders as per ‘amount spent’ (slab: Upto Rs. 20,000/-)
  • Top 300 Cardholders as per ‘amount spent’ (slab: Rs. 20,001/- to Rs. 50,000/-)
  • Top 100 Cardholders as per ‘amount spent’ (slab: Above Rs. 50,000/-)

Number of Winners (Customers who shall receive cash reward into their respective accounts) and Maximum Cash Reward Grid:

Slab (of Amount Spent) No. of Winners (Top Spenders based on amount) Cash Reward (in Rs.)
First time users 550 500/-
Upto Rs. 20,000/- 500 1000/-
Rs. 20,001/- to 50,000/- 300 2000/-
Above Rs.  50,000/- 100 5000/-
Total  Number of Winners 1450


So, swipe your Indian Bank Mastercard Debit Card in style and stand to be rewarded!


Please refer to the terms & conditions governing the Offer:

  1. This Promotional Offer is extended to all Mastercard Debit Card holders of Indian Bank (hereafter referred to as Cardholder).
  2. Cash Reward is limited to the grid detailed above and is applicable on all eligible transactions done from 29th December 2018 to 27th January 2019.
  3. “Eligible Transaction” shall mean purchase/ payment done using Indian Bank Mastercard Debit Card by swiping/ dipping the physical card at an authorized POS Terminal or providing relevant and verified details at a valid e-Commerce Site. Incomplete/ Rejected/ Invalid/ Returned/ Disputed/ Unauthorized/ Fraudulent transactions will not be considered for the Cash reward.
  4. First time user is the cardholder who uses his/her card for the first time at POS or e-commerce site to make any payment during this campaign period.
  5. The entire payment for the transactions should be done on a single Indian Bank Mastercard Debit Card only.
  6. The Offer is applicable only on Indian Bank Mastercard Debit Cards issued within India.
  7. Cash Reward will be credited to the Cardholder’s linked Account for all eligible transactions by or before 31stMarch 2019.
  8. The cash reward amounts will be credited into the Cardholder’s Account under the description “IB Cash Reward–Dec 2018”.
  9. The Offer is not applicable on Prepaid Cards.
  10. In case there is more than one offer available simultaneously, no two offers can be combined. It shall be entirely at discretion of Indian Bank to consider any exceptions to the above.
  11. The Cardholder, availing this Offer, will be personally responsible for all taxes, rates, government fees or any other charges that may be levied against them under applicable laws, if any, in relation to the Offer.
  12. Indian Bank shall not be liable for any loss/ damage/ deficiency whatsoever that may be suffered, or for any personal injury that may be suffered, by a Customer, directly or indirectly, owing to use or non-use of products/services availed under this Offer.
  13. Any disputes regarding delivery, service, suitability, merchantability, availability or quality made available on the products/services under this Offer to the Cardholder, must be addressed in writing, by the Customer directly to the Merchant Outlet/ Service Provider/e-Commerce Site concerned. Indian Bank shall not entertain any communication in this regard. Any query/ contention/dispute raised by any Customer to Indian Bank shall be forwarded to the Merchant Outlet/ Service Provider/e-Commerce Site. Merchant Outlet/ Services Provider/ e-Commerce Site shall be solely responsible for resolving such queries/ contentions/disputes within reasonable time.
  14. Indian Bank reserves the right to extend or terminate this Offer without prior notice. Indian Bank also reserves the right at any time, without prior notice, to add/alter/modify/change or vary all or any of these terms and conditions or to replace wholly, or in part, this Offer by another Offer, whether similar to this Offer or not, or to withdraw it altogether.
  15. The terms and conditions of this Offer shall be in addition to and not in substitution/derogation to the rules and regulations governing the use of the Indian Bank Debit Card.
  16. A Customer without being required to do any further act, shall be deemed to have read, understood and unconditionally accepted the terms and conditions herein.
  17. If the Offer and/or anything to be done by Indian Bank or any other entity in respect of the Offer is prevented or delayed by causes, circumstances or events beyond the control of Indian Bank or any other entity, including but not limited to computer viruses, tampering, unauthorized intervention, interception, fraud, technical failures, floods, fires, accidents, earthquakes, riots, explosions, wars, hostilities, acts of government or other causes of like or similar or other  character beyond the control of Indian Bank or the other entity/ies, then Indian Bank and/or the other entity/ies shall not be liable for the same to the extent so prevented or delayed, and will not be liable for any consequences.
  18. The Terms and Conditions shall be governed by the laws of India. Any dispute arising out of this Offer shall be subject to the exclusive jurisdiction of competent courts in Chennai, India.

( Last modified on Jan 10, 2019 at 04:01:00 PM )