Cashback vs Rewards that will be earned?

[_DL]

Hi,

I have a doubt regarding cashback and rewards. Lets assume I have Regalia and ACE card.

If I am doing retail spends about 1,50,000 i will receive around 3000rs cashback via ACE or 4000 RP via Regalia

Converting 4000RP to CV gives 2000CV. With value of 1 cv =0.2rs, i will be getting a value of Rs. 400 only? That would only be like 0.2% cashback right?

 

[TheMentalist]

How did you arrive at value of 1 CV = 0.2 rs? 1 RP of Regalia itself = 0.5rs for booking flight tickets via HDFC Smartbuy portal