25% cashback on grocery & dining spends with indusind credit cards for 3 months

[DaDarkkNight]

I received a mail from indusind bank which says we can get assured 25% cahsback upto 1750(cumulative) on all grocery and dining spends on our existing indusind bank credit cards basis the following t&c:

1. We don't have any existing indusind savings account and we open one (the first ever) after receiving this email, plus we are already having an indusind credit card.

2. Depending on the IP for saving account opened cashback rates differ starting from 10% and upto 25% max. 25% assured cashback is when we open the savings account with IP of Rs 50,000.

They say all spends for 3 months would be accounted and cashback would be posted in the 4th month (after the end of 3 month offer period)

Now, this email communication seems little too complicated and I doubt if I would be receiving the cashback under this offer or not. Because 25% additional cashback on all grocery and dining mcc spends sounds too good to be true.

I am having Indusind easyzdiner credit card currently and just recently opened an select savings account with them (with IP 50k).

What is not clear yet is whether this offer will be applicable on my eazydiner credit card or not, as eazydiner only gives eazypoints in their reward points system, that can be redeemed on eazydiner spends only.

Tried contacting the bank, but no response. I know this offer ran about a year or so back too, since their website link for earlier offer still exists on internet https://www.indusind.com/in/en/pers...pJobID=2080272439&spReportId=MjA4MDI3MjQzOQS2

Has anyone else who recieved this email communication in the past and tried this offer? Do we actually get the cashback at the end ? If yes, then this is a really good offer I guess and all grocery and dining spends can be shifted to indusind credit cards

Any indusind old user who has used this offer previously and has any experience to share , kindly share here.

Email screenshots:

 

[MOhit __]

Has anyone else who recieved this email communication in the past

I received this email as well, but I am not interested in opening another savings account, so i deleted it.

 

[DaDarkkNight]

I received this email as well, but I am not interested in opening another savings account, so i deleted it.

Okay.
By the way , asp per their terms, this offer is not applicable if you are holding a savings account with them. Only applicable on the first ever savings account opening with them

 

[Pissant]

That is a pretty good offer. I would probably do it If I received it.

 

[sousnake]

I received this email as well, but I am not interested in opening another savings account, so i deleted it.

Wise choice bro 😎

 

[DaDarkkNight]

That is a pretty good offer. I would probably do it If I received it.

This seemed too good an offer to me. Hence posted this here so that soembody can share his/her experience if used before.

Since 4 months timeframe for cashback credit is too long to risk all regular grocery spends on indusind credit card

 

[Anil_SinghAnil_Singh is verified member.]

Daily getting same email. Also getting another email which states that when I open account with 50k IP, I will get 250 cashback. But I am stuck at online account opening process due to some issues.

 

[DaDarkkNight]

Update:
After receiving this email, I opened an indusind savings select account with an initial funding of Rs 50,000. As promised in the promotional email, for my case i would receive 25% cashback on all grocery and dining spends upto rs 1750max (cumulative) for total spends in 3 months after opening the account.
On 14th march, as promised, they credited rs 1750 into my credit card acccount without any inquiries/followups from my side.
The description for credit statement says "Cashback for SA X Sell on CC base".

Others who opened their account too should receive the cashback

 

[plastikman]

Update:
After receiving this email, I opened an indusind savings select account with an initial funding of Rs 50,000. As promised in the promotional email, for my case i would receive 25% cashback on all grocery and dining spends upto rs 1750max (cumulative) for total spends in 3 months after opening the account.
On 14th march, as promised, they credited rs 1750 into my credit card acccount without any inquiries/followups from my side.
The description for credit statement says "Cashback for SA X Sell on CC base".

Others who opened their account too should receive the cashback

Do you have the T&C pdf for this offer please. I have received the offer and trying to avail but the T&C page is not opening. I'll be highly obliged if you can upload it here.

 

[DaDarkkNight]

Do you have the T&C pdf for this offer please. I have received the offer and trying to avail but the T&C page is not opening. I'll be highly obliged if you can upload it here.

The link which i referred for T&C (in original post) isn't working now. But most of the t&C details are already shared in the email communication. The only additional detail I remember which was given in t&c was some mcc codes for - grocery, dining, departmental category spends.
I did most transactions to load bbdaily and milkbasket wallets and they were counted in the spends for this promotional offer.
@plastikman Don't worry, this is a genuine offer and also other technofinians also redeemed this offer, although not informed here in thread. For a safer side, always fund the account with a few extra thousands. For eg, if you are looking to open account with IP 50k, prefer funding 55k or like that. One user reported he received cashback for lower IP category whereas he opened with exactly 50k

 

[Sriim]

Do you have the T&C pdf for this offer please. I have received the offer and trying to avail but the T&C page is not opening. I'll be highly obliged if you can upload it here.

I think the offer might have expired. It was available even on the website previously. Now unavailable on website

 

[Sriim]

Do you have the T&C pdf for this offer please. I have received the offer and trying to avail but the T&C page is not opening. I'll be highly obliged if you can upload it here.

You can find T&C in this thread. But kindly confirm with customer care if the offer is still valid before you spend

Thread 'indusind savings account offer' https://www.technofino.in/community/threads/indusind-savings-account-offer.18123/

 

[plastikman]

You can find T&C in this thread. But kindly confirm with customer care if the offer is still valid before you spend

Thread 'indusind savings account offer' https://www.technofino.in/community/threads/indusind-savings-account-offer.18123/

Thanks a ton. I'll keep these points in mind.

 

[plastikman]

The link which i referred for T&C (in original post) isn't working now. But most of the t&C details are already shared in the email communication. The only additional detail I remember which was given in t&c was some mcc codes for - grocery, dining, departmental category spends.
I did most transactions to load bbdaily and milkbasket wallets and they were counted in the spends for this promotional offer.
@plastikman Don't worry, this is a genuine offer and also other technofinians also redeemed this offer, although not informed here in thread. For a safer side, always fund the account with a few extra thousands. For eg, if you are looking to open account with IP 50k, prefer funding 55k or like that. One user reported he received cashback for lower IP category whereas he opened with exactly 50k

In case one has 3 cards from Indusind. Then which card should be used ?

 

[Sriim]

In case one has 3 cards from Indusind. Then which card should be used ?

I remember reading in T&Cs that the card with most spends in the categories will be considered

 

[DaDarkkNight]

I remember reading in T&Cs that the card with most spends in the categories will be considered

yes this is true, second that