Cashback and reward points capping per Calendar month or per billing cycle

[Oscar]

Included RBL Duet under Billing cycle

 

[Obhi]

I'm confused b/w your post & @jack333 post now.
Please clarify.

Yes its calculated by billing cycle.

 

[PavanPavan is verified member.]

HDFC IRCTC
HDFC Swiggy is also per billing cycle

 

[bugmenot]

HDFC Tata neu plus/infinity UPI

isn't UPI neucoins have monthly cap of 500?

 

[SSV]

There is a lot of confusion as some cards have points and cashback capping per calender month and some have per billing cycle. So i'm creating this common thread for all cards. Making it a wiki post so all can contribute.

Per calendar month
1. Hdfc smartbuy
2. Hdfc Millenia
3. SC smart
4. HSBC cashback
5. All debit cards as there is no billing cycle!
6. Amex mrcc
7. Amex gold charge
8. Magnus card Axis
9. Axis iocl
10. HDFC Tata neu plus/infinity UPI/Grocery


By Calendar Month

SL No	Bank	Card / Portal	Capping	Special Notes
1	HDFC	Smart Buy
2	HDFC	Millenia
3	SCB	Smart
4	HSBC	CashBack
5	Amex	MRCC
6	Amex	Gold Charge
7	Axis	Magnus
8	Axis	IOCL

Per Billing cycle
1. Hdfc swiggy
2. Hdfc regalia
3. Hdfc infinia
4. Axis airtel
5. Axis ace
6. Yes reserv
7. Neu infinity
8. Kotak myntra
9. Bob eterna
10. Bob snapdeal
11. Hdfc biz black
12. Sbi cashback
13. Axis premium iocl
14. Axis flipkart
15. Axis cashback
16. Au Zenith
17. Au lit
18. Neu Plus
19. RBL Duet


By Calendar Month

SL No	Bank	Card / Portal	Capping	Special Notes
1	HDFC	Infinia
2	HDFC	Regalia
3	HDFC	Swiggy
4	HDFC	Tata Neu Infinity
5	HDFC	Tata Neu Plus
6	HDFC	BIZ Black
7	AXIS	Airtel
8	AXIS	Ace
9	AXIS	Premium IOCL
10	AXIS	Flipkart
11	AXIS	Cashback
12	AU	Zenith
13	AU	Lit
14	YES	Reserve
15	Kotak	Myntra
16	BOB	Eterna
17	BOB	Snapdeal
18	SBI	Cashback
19	RBL	Duet

I have modified the content presenation and we can easily fill the required data going forward...
Let me know if it is okay, so that we can maitain the format and delete the old format...
we can add the individual capping and also any special notes for the card...

Very good and useful post... excellent idea..

 

[jack333]

I'm confused b/w your post & @jack333 post now.
Please clarify.

I still don't have it but read somewhere. Please correct it if you are sure about it

 

[jack333]

I have modified the content presenation and we can easily fill the required data going forward...
Let me know if it is okay, so that we can maitain the format and delete the old format...
we can add the individual capping and also any special notes for the card...

Very good and useful post... excellent idea..

Sure go ahead. Thanks for contributing

 

[jack333]

isn't UPI neucoins have monthly cap of 500?

It's really confusing. It's written neu coins will be posted on statement cycle basis but upi spends have capping of 500 per calendar month

 

[Obhi]

It's really confusing. It's written neu coins will be posted on statement cycle basis but upi spends have capping of 500 per calendar month

make every card statement generation date as 1st of every month. No confusion 😉🤣

 

[SSV]

make every card statement generation date as 1st of every month. No confusion 😉🤣

but some banks dont allow 1st of ever month as statement date

 

[Obhi]

but some banks dont allow 1st of ever month as statement date

Yes some banks like HDFC allowed on 2nd or every month. And bank like AU will give you some fixed 4-5 dates one of them is 5th I guess. However maximum banks will give you the option of 1st or 2nd. Which serves the purpose for me.

 

[SSV]

Yes some banks like HDFC allowed on 2nd or every month. And bank like AU will give you some fixed 4-5 dates one of them is 5th I guess. However maximum banks will give you the option of 1st or 2nd. Which serves the purpose for me.

see some people specifically want statement date in the middle of the month so that the bill due date falls in the first week of every month.\
this will allow them to pay for their bills after salary receipt..

note : this some people is considerable amount of cc user base

 

[Obhi]

see some people specifically want statement date in the middle of the month so that the bill due date falls in the first week of every month.\
this will allow them to pay for their bills after salary receipt..

note : this some people is considerable amount of cc user base

Yes choice of billing date should be based on individuals convenience. Above is best suited for me and I did it for almost all my cards.

 

[SureShot]

I'm confused b/w your post & @jack333 post now.
Please clarify.

Hsbc cashback card is capped per billing cycle, i can confirm this personally.

 

[helloworld]

Post in thread 'SC Smart Cashback Query' https://www.technofino.in/community/threads/sc-smart-cashback-query.15951/post-691080