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CheQ app now devaluation

Abhishek012

TF Pioneer
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.

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Yes, I think now it's the time to redeem with cashback and delete the app.
My amazon prime membership is till mid July. If the 1499 voucher does not comes till that time, will have to redeem the points with cash & close the account.
I have started paying the credit card bill via HDFC platinum card (which was recently upgraded for my wife' account) to get 1% CB upto 750 per month.
 
Have you guys even computed the number of hours you are spending on this stupid app vs the benefits. I am sure it will not be even 200 rs per hour lower than a labour wage
Have been using this app for sometime now. Though the devaluations are faster than the value drop in a penny stock, I think if one is paying CC bills overall a few lakhs in lets say 2-3 months then even after the 99 processing fee payment, the AZ vouchers are worth the money. Only issue is one cannot get the vouchers in one go as AZ or FK redemption is at 10,000 cheq coins at minimum which at the rate of 4k coins per month would take a minimum of 2.5 months of spend to lay their hands into. Overall the value from Cred is nothing whereas there is something here, albeit, a delayed gratification.
 
Have been using this app for sometime now. Though the devaluations are faster than the value drop in a penny stock, I think if one is paying CC bills overall a few lakhs in lets say 2-3 months then even after the 99 processing fee payment, the AZ vouchers are worth the money. Only issue is one cannot get the vouchers in one go as AZ or FK redemption is at 10,000 cheq coins at minimum which at the rate of 4k coins per month would take a minimum of 2.5 months of spend to lay their hands into. Overall the value from Cred is nothing whereas there is something here, albeit, a delayed gratification.
Are you sure that further devaluation on Amazon vouchers will not be done in next 2.5 months? Are you sure even amazon vouchers would be available after 2.5 months?

The thing is that you are paying processing fee on every txn while waiting for coins to be accumulated for redeeming the vouchers on a future date. Seeing the present trend I don't feel it's worth the wait.
 
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