1. Maximum limit of 2% Cashback is ₹500(max. 50 per transaction)
2. Maximum limit of 4x FI-coins is 10000 using debit card(max. 2000 per transaction) & 5000 using UPI(max. 500 per transaction)
If you want to maximise both 2% cashback & 4x Fi-coins in least no. of transactions, then do 10 transactions of ₹5000 each using UPI, you'll get ₹500 cashback along with 5000 Fi-coins. And 5 transactions of ₹10000 each using debit card, you'll get 10000 Fi-coins.
So to get Max returns you will have to do transactions worth atleast ₹1 Lakh, and you'll get ₹500 cashback & 15000 Fi-coins but I'll suggest to choose 22500 Fi-coins instead of ₹500 from money-plant, so you'll have a total of 37500 Fi-coins.
And the best value of Fi-coins is 33.33 Fi-coins= ₹1
so 37500 Fi-coins comes out to be ₹1125
Hope this helps
There are 2 offers, one is ₹6000 in exchange for 199999 coins and other one is ₹3000 for 99999 coins
Yes i do just 2500*10 Transactions₹1125 is the maximum return which you can get if want to utilise the full limit, but for that you'll have to do transaction worth 1 Lakh which is a return of 1.125%
For the the best rate of return one has to do 10 transactions of ₹2500 using debit card which gives ₹500 cashback and 5000 Fi-coins or 27500 Fi-coins.
Which comes out to be CB of ₹825 for ₹25000 transaction that's 3.3% return
So if you do transactions of ₹75000 more, just for extra ₹300 CB you are getting just 0.4% return
From which app?. I have tried today and it's not working.
Which reward/voucher are you referring to for the best possible value of FI coins?1. Maximum limit of 2% Cashback is ₹500(max. 50 per transaction)
2. Maximum limit of 4x FI-coins is 10000 using debit card(max. 2000 per transaction) & 5000 using UPI(max. 500 per transaction)
If you want to maximise both 2% cashback & 4x Fi-coins in least no. of transactions, then do 10 transactions of ₹5000 each using UPI, you'll get ₹500 cashback along with 5000 Fi-coins. And 5 transactions of ₹10000 each using debit card, you'll get 10000 Fi-coins.
So to get Max returns you will have to do transactions worth atleast ₹1 Lakh, and you'll get ₹500 cashback & 15000 Fi-coins but I'll suggest to choose 22500 Fi-coins instead of ₹500 from money-plant, so you'll have a total of 37500 Fi-coins.
And the best value of Fi-coins is 33.33 Fi-coins= ₹1
so 37500 Fi-coins comes out to be ₹1125
Hope this helps
To collect 9999 coins, you need to spend 100K with UPI or 50K with DC. So effective reward rate is 0.2/0.4%, this part is not worthDo 25k (2500*10) CC bill transaction for 2% CB (500)
Get 9999 coins using UPI +debit in 1 month for 200rs
Net 700*12 months we get 16.8% returns on 50k.... very good returns compared to equity
.
Cash Out offer which gives ₹6000 for 199999 Fi-coins and ₹3000 for 99999 Fi-coins
₹3000 for 99999 coins is already showing coming soon from last 3-4 weeks.
This is bit risky as in the process of accumulating coins to reach there, the offer may be removed/devalued.
Yes, currently ₹6000 for 199999 coins is active
Most likely when majority of users accumulate 200k points then they will remove it for sure. Bcz rn majority of normal users are almost 80-120k mark.
50k payment with DC,you get 500₹+200₹(9999) 1.4% reward rateTo collect 9999 coins, you need to spend 100K with UPI or 50K with DC. So effective reward rate is 0.2/0.4%, this part is not worth
That's y always use 100% sureshot apps500 cashback with Debit card is bit tricky for cc bill payment. Like if we use DC on Mobikwik it gets counted towards cashback in some month but may not be in the other month. Hence, I always use CRED with UPI to be in the safer side
Right.. so instead of accumulating coins, go and grab the best exchange rate you're getting right now, whether its for brand vouchers or something else.
