IndusInd Rewards Devaluation - Legend CC

[SSV]

From 1st March 2024,
the value of non-cash redemption (excluding airmiles) will be 1 RP = Rs.0.75


From 1st March 2024,
the value of cash redemption will be
1 RP = Rs.0.50

 

[starstruck]

I think with this, we can conclude that all of the Indus Ind cc are just crap especially for returns on spends

Special use cases:

Legend LTF- for Select 0 MAB SB Account surrogate and TImesPrime membership.

Easydiners for some people - I have no idea about this though..

Apart from the above 2 points, any offers that come in websites/apps.

 

[ghost2050]

I received the email for legend card..
let’s see if anyone else receives for any other cards.
At the moment, it’s updated with legend card only on their website

Dont worry, mera Platinum b devalue hua hai

 

[SSV]

Dont worry, mera Platinum b devalue hua hai

Is there anything left in platinum in the first place to get devalued??

 

[Riya]

From 1st March 2024,
the value of non-cash redemption (excluding airmiles) will be 1 RP = Rs.0.75


From 1st March 2024,
the value of cash redemption will be
1 RP = Rs.0.50



View attachment 41636

View attachment 41637

Yeah.. just received mail from them... I think itna bhi nhi dena chahiye bank ko... Rather charge us for providing rewards... Good for nothing Lefend Card...

 

[ghost2050]

Is there anything left in platinum in the first place to get devalued??

 

[Riya]

is it applicable only for legend card?

Yes, according to the mail

 

[ghost2050]

Yeah.. just received mail from them... I think itna bhi nhi dena chahiye bank ko... Rather charge us for providing rewards... Good for nothing Lefend Card...

Vaise rupay card ka final hogya aapka? Konsa choose kia?

 

[Riya]

Is there anything left in platinum in the first place to get devalued??

Platinum card in race with ICICI base cards for "Who's got worse rewards structure"

 

[SSV]

View attachment 41686

Yes, according to the mail

Yeah.. just received mail from them... I think itna bhi nhi dena chahiye bank ko... Rather charge us for providing rewards... Good for nothing Lefend Card...

So, most of the cards must be chopping block..
Next turn would be ??

 

[Pankhuri]

AFAIK Only Eazydiner and Platinum Rupay cards are being issued on split limit basis.

Someone got pinnacle as LTF too on split limit basis on one of the closed group(not remembering the name).

Speaking of devil, got the response from IndusInd email support.priority.care@indusind.com

It seems I am not eligible for pinnacle upgrade on split basis.. that’s okay

View attachment 41664

View attachment 41665

Someone in one of the groups got pinnacle on split limit basis by mailing to Premium.care@indusind.com and head.cardservices@indusind.com, they denied first and kept delaying but in 3 weeks allowed it. Group name is LTF for Life. Just yesterday afternoon, I got the ball rolling for LTF Indusind explorer, will negotiate down to LTF pinnacle if they don't agree to that.

 

[Riya]

So, most of the cards must be chopping block..
Next turn would be ??

By the look of how they are pushing Pinnacle to me.. I think it's Pinnacle card's turn in few months time...

 

[Trust Me]

Haven’t received anything/mail for my pinnacle yet.
I haven’t also used pinnacle since years

Nor have I for my Legend which lies unused as well.

Speaking of which, doesn't RBI require banks to close cards left unused for an year or more?!

 

[creditcardkakida]

And more importantly what's the best way to redeem existing points?

Best way is when making payment use (twid pay with rewards) if available as an option... U will get value 1 rs for 1 point for Pinnacle card..

 

[MS R]

That is why I spent about 1.2 L in my first statement period in anticipation of a better offer.
I am sure I will get something better considering fy end is around the corner..
With this I will stop Cc and SB hunting..
Will only fine tune later as required

from last feb 2023 till now i have spent more than 10L on my legend card. I have requested free upgrade for pinnacle they still declined . Can i expect upgrade ??
also for fee they asked 15k + Gst (I have been offered 10k amazon voucher or 15 k offline vouchers)
can you plz mention a bit more on ur offer 70% amazon and 30% offline????

 

[SSV]

from last feb 2023 till now i have spent more than 10L on my legend card. I have requested free upgrade for pinnacle they still declined . Can i expect upgrade ??

Generally NO, FY end is the best time to negotiate

can you plz mention a bit more on ur offer 70% amazon and 30% offline????

Your total 15 k vouchers can be redeemed in the following way.

1)70% from list A mentioned in my previous post( online redemption)
2) 30% from List B, that is from offline options

 

[MS R]

Generally NO, FY end is the best time to negotiate


Your total 15 k vouchers can be redeemed in the following way.

1)70% from list A mentioned in my previous post( online redemption)
2) 30% from List B, that is from offline options

u mean 70% of 15000

70% - 10,000 / 10,500 - online like amazon pay/shopping
30% - 5000 / 45,00 - offline like bata ???

i was offered 10k amazon shopping or 15000 vouchers

 

[SSV]

u mean 70% of 15000

70% - 10,000 / 10,500 - online like amazon pay/shopping
30% - 5000 / 45,00 - offline like bata ???

i was offered 10k amazon shopping or 15000 vouchers

Yes .. that is correct

 

[Riya]

from last feb 2023 till now i have spent more than 10L on my legend card. I have requested free upgrade for pinnacle they still declined . Can i expect upgrade ??
also for fee they asked 15k + Gst (I have been offered 10k amazon voucher or 15 k offline vouchers)
can you plz mention a bit more on ur offer 70% amazon and 30% offline????

wow.. that's a lot of spending for a card like LEGEND.... except it's name nothing seems legendary...

 

[HumorSimpson]

Aaj hi pinnacle aya hai

Not even be useful to cut a pineapple

 

[Riya]

Not even be useful to cut a pineapple

can be used to make drag lines or bacho ko de do to use as a scale