darshanbafna
TF Buzz
Which one of them is better? Since both of them are newly launched
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DCB Metal VS ICICI EMERALDE PRIVATE
- Thread starter darshanbafna
- Start date
DCB edition metal
PiperatGatesofDawn
TF Premier
Hopefully at some point ICICI will offer miles transfer and a better reward rate till then DCB ME will almost always be better.
darshanbafna
TF Buzz
But one thing ICICI EMERALDE PRIVATE will be technically free because the ponits value is 1 rupee and you can claim it as statement credit, but dcb will have majoor acceptance issue
i dont think they will allow cash redmption agasints statement at 1 rs = 1 point value
darshanbafna
TF Buzz
I have attached screenshot it says that statement credit is there
Attachments
redemption of reward balance against statement credit is capped at 50000 is written
it isnt mentioned that it would be allowed at 1:1 value
it can be 0.75 or 0.5
the value of 1 rp would be 1 rs for vouchers and other transfer partners if any
Statement credit till 50k RP per billing cycle is allowed
As per the information received it's 1 RP = 1 INR even for statement credit
if someone spends 6L in the 1st month itself can redeem the fee completely at 1:1 if that is the case
yeh to shuru hone se pehle hi khatam ho jaayega
mdr revenue per transaction is max 2.5% even if assumed not shared between data aggregator and payment processor
reward rate 3% redeemable in cash
pehle 3 -6 mahine mein devlauation aa hi jayega
mdr revenue per transaction is max 2.5% even if assumed not shared between data aggregator and payment processor
reward rate 3% redeemable in cash
pehle 3 -6 mahine mein devlauation aa hi jayega
Yeah but 6L in a month is too high spend for a card
Less than a fraction would be able to do that.
they even have kept wallet loads eligible
rotaters will milk this out worse than magnus
rotaters will milk this out worse than magnus
PiperatGatesofDawn
TF Premier
They did say that 1 RP = ₹1. I assume it will stand for cash redemption too. Makes it a 3% returns card. Which for ICICI is a shocker!
the math isnt adding up
how will they sustain this reward structure
this would be only possible if they restrict the card applications like infinnia
otherwise if they approve it like magnus
you would be running to devalue this
shrewdoc
TF Legend
Don't think they're gonna distribute this card like candies. 😀
CARDBITRAGE
TF Legend
Try getting the Emeralde Private Metal on c2c basis like with the Magnus. XD
lets see how the tread ahead with this
it shouldnt end by being a short lived thing
it shouldnt end by being a short lived thing
PiperatGatesofDawn
TF Premier
It will never add up if you have lots of people or less people. If that's the pretty much only way to redeem, almost everyone will redeem it for 3%. 🙂
They must have got a huge marketing budget for this. Or someone in the product team messed up. Or whatever... get your 3% while it lasts!
CARDBITRAGE
TF Legend
Most ultra premium cards rarely make sense to the banks. It's always the mass marketed cards that bring in the revenues to sustain the business. Besides the number of people who will get their hands on this will be limited.
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