Devaluation HDFC Bank All Credit Cards including Infinia devalued effective from 1st Sept 2024

[LordPSN]

HDFC Bank all credit card devaluation effective from 1st Sept, 2024.

Effective from 1st Sept, 2024:
1. Maximum 2000 reward points per month on Utility spends. Telecom & cable transactions will have a separate limit of 2000 reward points per month.
2. No reward points on education fees payment via online portals like cred, cheq, etc.

Effective from 1st Oct, 2024:
3. One apple product redemption per quarter.
4. Maximum 50,000 reward points can be redeemed against Tanishq GV per quarter.

 

[Shin-Chan]

hdfc dc too?or only cc

only CC, DC max 750 Utility based reward is possible

 

[Shin-Chan]

In my view, it’s not a major issue. Mostly, people don’t redeem points on expensive, overpriced Apple products every month. 4 times in a year is more than enough.

As Infinia users can use maximum 70% points to get Tanishq vouchers, they will be able to get Tanishq vouchers of Rs.70,428 in a calendar quarter.

The above are definitely a devaluation, but not a major devaluation. Also, majority of Infinia users redeem the points on flights and hotels. Those users will not be affected at all.

But zero points on education MCC codes and max. 2000 points (on 60000 spends) on utilitiy MCC codes is to prevent misuse

Very well said and kudos on backing with numbers sir !!

 

[aam.aadmi]

 

[_ayush]

Received mail for DCB as well.

 

[bigbyte]

Jis speed se saare cards devalue ho rahe hai, wo din door nahin jab @Abhishek012 bhaiya jaldi hee berojgaar ho jaayenge. I mean devalue karwaane ke liye jab kuch bachega hee nahun tau devalue karwaane gei

 

[m4b]

Jis speed se saare cards devalue ho rahe hai, wo din door nahin jab @Abhishek012 bhaiya jaldi hee berojgaar ho jaayenge. I mean devalue karwaane ke liye jab kuch bachega hee nahun tau devalue karwaane gei

Rupay Infinia ane do baas

 

[skvignesh]

Received for tata ♾️,

So utility bills via tata neu 5% & 3rd party 1.5% capped 2000 neu coins , am I correct?

 

[chasni]

Please search before posting.

 

[panu24]

@vaibhav111 merge this with

L

Devaluation Thread 'HDFC Bank All Credit Cards including Infinia devalued effective from 1st Sept 2024'

Jul 29, 2024

HDFC Bank all credit card devaluation effective from 1st Sept, 2024.

Effective from 1st Sept, 2024:
1. Maximum 2000 reward points per month on Utility spends. Telecom & cable transactions will have a separate limit of 2000 reward points per month.
2. No reward points on education fees payment via online portals like cred, cheq, etc.

Effective from 1st Oct, 2024:
3. One apple product redemption per quarter.
4. Maximum 50,000 reward points can be redeemed against Tanishq GV per quarter.

• LordPSN
• 2024 cards credit card devaluation email hdfc hdfc bank hdfc bank credit card hdfc infinia infinia loyalty neu neu coins points redemption reward rupay swiggy tata tata neu
• Replies: 97
• Forum: HDFC Bank Credit Card

• 
• 

 

[CCsearcher]

Hello All,

I received an email for Swiggy HDFC CC that the reward point capping has been revised to 2000 points. In case this is a duplicate thread, Mods kindly remove and apologies for inconvenience.

Below is the mail-




Thanks.

 

[Harsha896]

Got the same for tata neu infinity.

 

[jamesbond0007]

What about flipkart amazon? Which mcc code they are registered? If we order mobile phone from flipkart what will be happen?

 

[CCsearcher]

Got the same for tata neu infinity.

I am seeing another thread which says its a devaluation 😢 I thought for Swiggy CC it was 1500 capping, and now it is increased. 🤐

 

[BVCBVC is verified member.]

Guys, please check on forum before creating threads on same topics. Thank you. There are 5 threads on this topic today.

 

[BVCBVC is verified member.]

Mod @Pavan has locked this thread for further postings. @lucifer @vaibhav111 Please merge this.

 

[CCsearcher]

Everyone are very excited about the news 😋. Total 3 threads have been created. All are merged now.

Kindly remove this one - https://www.technofino.in/community/threads/swiggy-hdfc-reward-point-capping-revised.29705/

I got excited looking at the email, didn't realise there is a hurricane coming 😢

 

[BVCBVC is verified member.]

Kindly remove this one - https://www.technofino.in/community/threads/swiggy-hdfc-reward-point-capping-revised.29705/

I got excited looking at the email, didn't realise there is a hurricane coming 😢

Thank you for realsing and posting it here. We are locking that thread and will merge.

 

[BVCBVC is verified member.]

Please merge @lucifer @vaibhav111 @TechnoFino with this

Devaluation Post in thread 'HDFC Bank All Credit Cards including Infinia devalued effective from 1st Sept 2024'

Jul 29, 2024

Guys, please check on forum before creating threads on same topics. Thank you. There are 5 threads on this topic today.

• BVC

• 

 

[akshayhs]

I read the parent thread not one but four times to identify what exactly is devalued here and I still can't figure it out.

 

[Rkumar83]

Heh, all HDFC cards are getting this update. DCB, millennia, Tata Neu, Swiggy etc.

I am not sure about Regalia or some other niche cards. I'd be surprised if they're left out.

Same for Regallia also, I am having Regalia and received the mail today