CheQ app now devaluation

[Abhishek012]

CheQ app now devaluation:

Now 1 CheQ Chip value = ₹0.50

Previously it was 1 CheQ Chip = ₹1

This devaluation applicable to Amazon, Flipkart, Swiggy, Myntra, Zomato.

Remaining vouchers like Amazon Prime, ola, BigBasket etc available at ₹1

I also uploaded latest version cheQ APK file (uninstall old version and install new version) - https://drive.google.com/drive/u/0/folders/1QE7ynOZBgGmknd3vbvxGp9tlpe9qtWoY

Edited - Some people told latest apk app not open, download old version and you will get popup msg to update the app, update to latest version.

 

[vamsiarun1988]

Max a couple of months more before they stop allowing points to cash @.25 paise.

Cheq coins are now almost useless after the latest app update. They cannot be converted to Cash nor used to pay credit card bills.

 

[Bhavik567]

I converted coins into card payment 15 days ago. But have a feeling it will be gone soon. Has it gone already?

 

[vamsiarun1988]

I converted coins into card payment 15 days ago. But have a feeling it will be gone soon. Has it gone already?

Yes after the latest app update

 

[NOOBY]

Cheq coins are now almost useless after the latest app update. They cannot be converted to Cash nor used to pay credit card bills.

wait for processing fee waiver offer with visa/mc

use that card to pay 20/30k of the bill and get Rs.50 swiggy voucher... keep it simple

 

[Bhavik567]

wait for processing fee waiver offer with visa/mc

use that card to pay 20/30k of the bill and get Rs.50 swiggy voucher... keep it simple

Rs. 50 off is useless. I think they are asking people to collect 25000 for Rs 5000 of useful coupons like Amazon but it will require at least 5 months to collect 25000 coins. After 4 months, they can take away those coupons also. I have been using CHEQ for last few months but will stop completely now.

 

[NOOBY]

Rs. 50 off is useless. I think they are asking people to collect 25000 for Rs 5000 of useful coupons like Amazon but it will require at least 5 months to collect 25000 coins. After 4 months, they can take away those coupons also. I have been using CHEQ for last few months but will stop completely now.

it's not as useless as waiting for 6 months in hopes of getting AZ/FK voucher when the time comes...

now that Mobikwik-HDFC Plat DC is patched and PayTM cashpoint offers are diminishing, Rs.50 swiggy voucher is good enough for those who doesn't have RBL/IndusInd DC

 

[sxchzy]

paytm cashback points also got devalued now 10 rs is 1250 points

 

[vamsiarun1988]

wait for processing fee waiver offer with visa/mc

use that card to pay 20/30k of the bill and get Rs.50 swiggy voucher... keep it simple

Thanks for the information but Swiggy voucher is removed from Nov 2nd 2023 after the app update.

 

[vamsiarun1988]

Rs. 50 off is useless. I think they are asking people to collect 25000 for Rs 5000 of useful coupons like Amazon but it will require at least 5 months to collect 25000 coins. After 4 months, they can take away those coupons also. I have been using CHEQ for last few months but will stop completely now.

Valid point. I am also thinking the same.

 

[NOOBY]

Thanks for the information but Swiggy voucher is removed from Nov 2nd 2023 after the app update.

I claimed it on 2nd Nov after paying 10k via Visa DC o . O

and yes, the app was updated at that point of time.. maybe they are out of swiggy vouchers for now

 

[aashuuuu]

It's 1300 now.

 

[Bhavik567]

It's 1300 now.

What is 1300?

 

[Chaitanya-a]

What is 1300?

1300 paytm cashback points = ₹10 Paytm GV value

 

[satish0987]

Cheq coins conversion is still there
But i think they kept some capping of min cheq coins
TDY i redeemed 500 coins for 125rs
And I have 79 coins left now which I can't redeem
So there might be some criteria for min cheq coins for cash dedemption
May be 500 coins or so

 

[BhaiyaJi]

Cheq coins conversion is still there
But i think they kept some capping of min cheq coins
TDY i redeemed 500 coins for 125rs
And I have 79 coins left now which I can't redeem
So there might be some criteria for min cheq coins for cash dedemption
May be 500 coins or so

Yes, you are correct. I was able to redeem 500 chips but not able to redeem anymore. As per CS team they don't know when this will be enabled again.

 

[vamsiarun1988]

Cheq coins conversion is still there
But i think they kept some capping of min cheq coins
TDY i redeemed 500 coins for 125rs
And I have 79 coins left now which I can't redeem
So there might be some criteria for min cheq coins for cash dedemption
May be 500 coins or so

Thank you for this information. Will test out during this month end bill payments.

 

[Bhavik567]

This may be on for now but having vouchers conversation @.20p means it's going away in near future for sure. Or the value while converting will be a lot less. Probably 10 paise.

 

[sxchzy]

Now they have started rent payment at 1.6%

 

[Abhishek012]

Now they have started rent payment at 1.6%

Credit card issuer bank charge 1%+GST. total 2.6%+GST.

 

[creditcardkakida]

Now cheq app has become completely useless.... No cash conversion/credit card payment using points.. no option for payment using debit card... B*dk to processing fee iska muh dekhne ke liye denge...