SBI Loyalty Rewards Program for onlinesbi internet banking customers of State Bank of India

LOYALTY REWARDS PROGRAM is a scheme to reward existing as well as new retail internet banking customers of SBI w.e.f. 26th Nov., 2009. It is the stimulus for the customers to transact online, earn reward points and redeem the points for cash. This process is just one of the ways to reward our esteemed customers for their continued support and loyalty.

All existing and new retail internet banking customers of State Bank of India. No registration is required for enjoying the benefits of this program. All internet banking customers doing online transactions will be automatically eligible for loyalty rewards. Based upon the number of transactions a customer will gain points and these points can be redeemed online for cash back. The cash from the redemption proceeds will be immediately credited to the customers transaction account upon opting for redemption, subject to the availability of a minimum of 400 points at the time of each redemption.

Points can be accumulated by

• Bill payments, online shopping, merchant payments etc.
• Government transactions pertaining to retail/individual customers falling under Central/State taxes (OLTAS,CBEC etc), Cyber treasury
• Railways ticket booking through IRCTC.
• RTGS/NEFT (retail internet banking transactions only)/Visa Money Transfer
• IPO transactions.

More information can be found at ONLINESBI LOYALTY REWARDS PROGRAM FAQ
 

SBI transaction on 30-Nov-0019 for INTERNET BANKING, what is this for?

Recently I logged into my onlinesbi net banking of my SBI (State Bank of India) account. I was surprised to see that they have credited some money into my account for nothing.

The details of the suspicious transaction is
Date (Value Date): 30-Nov-0019 (30-Nov-0019)
Narration:
Ref. No.: INTERNET BANKING
Debit:
Credit: 630.00 Rs

Do you know what this is for??
At first instance I was happy to see that they credit my account because I use Internet banking, but I couldn't digest that why they would pay me. Then I tried to extract account statement, this transaction was not shown in the exported account statement.
I also checked with my other two friends, they also had the same transactions and some credit.

The year in the date 0019, is an ancient year (1990 years ago). Is this transaction for some online surety purpose?? I hope so.

Thankfully this transaction does not show any debit amount, otherwise it would have created panic amount SBI online users.

If you have not checked your SBI account, please check.

I really don't know, if any of you know about this, please discuss here.

Why SBI credited my account with some money on 30-11-0019? I am curious to know about it