Finding minimum spends required to earn points.

[haroldh]

Is there a thread which captures the minimum amount of transaction required for getting reward points or what is the multiple etc for points.

For example DCB has multiple of 150 rs for getting 5 RP.
Some cards have 50, some have 200.

In case this is consolidated at a bank level and not individual card level, can we collate the data? Just a thought.

Because many a times with many of my cards, I do mental calculations, which card would be most rewarding, especially for smaller value online transactions etc.

 

[haroldh]

it is card level and bank level.

Cashback cards usually min. 100
Reward cards usually between 100-200

few cards provide even for 30rs.

If you list your cards, we might help you.. but getting consolidated list is excessive and mostly not needed.

But based on your question and my assumption actually you need optimization of spends rather focussing on min. value. Because irrespective of min. value if that card provide good milestone benefits its more useful then card providing direct high rewards on min. spends, sometimes.

In that case please help me out

Cards : (All LTF)

1) HDFC DCB
2) HDFC Tata neu Infinity
3) Axis Myzone
4) ICICI Sapphiro - MC+Amex
5) IDFC Select

Current Spends :
1) Rent 20000
2) Travel - Daily 90-100 Rs (Use Uber/Rapido) - Currently using Tata neu infinity (as it gives points even for below Rs 50
3) Grocery - in spurts Rs 100-200 Once every 3 days (Use DCB if more than Rs 150, otherwise IDFC)
4) Movies - 1000 per month (use IDFC for BOGO)
5) Entertainment/Dining Out/Flights - INR 5000-10000 per month - Mostly Use DCB or IDFC if DCB not accepted
6) Online shopping - INR 3000-5000 - Mostly DCB
7) Misc expenses - International travel etc- use DCB

Please let me know how to optimize.

 

[haroldh]

Great thanks a lot for your reply! Makes much sense.
However, could you please let me know in case DCB not accepted why Tata Infinity over IDFC select- as the rewards for IDFC select are better I guess.

 

[Deleted member 11974]

y

In that case please help me out

Cards : (All LTF)

1) HDFC DCB
2) HDFC Tata neu Infinity
3) Axis Myzone
4) ICICI Sapphiro - MC+Amex
5) IDFC Select

Current Spends :
1) Rent 20000
2) Travel - Daily 90-100 Rs (Use Uber/Rapido) - Currently using Tata neu infinity (as it gives points even for below Rs 50
3) Grocery - in spurts Rs 100-200 Once every 3 days (Use DCB if more than Rs 150, otherwise IDFC)
4) Movies - 1000 per month (use IDFC for BOGO)
5) Entertainment/Dining Out/Flights - INR 5000-10000 per month - Mostly Use DCB or IDFC if DCB not accepted
6) Online shopping - INR 3000-5000 - Mostly DCB
7) Misc expenses - International travel etc- use DCB

Please let me know how to optimize.

for rapido do transactions through simpl pay later.
Then after 15 days pay it n whole with a credit card whichever is rewarding.
Axis magnus marked simpl repayment under utilities.
In this way you get 15 days extra credit it doesnt get reported to buerues and you can get rewards as well

 

[Deleted member 11974]

movies shift to icici sapphiro if it gives a better bogo offer
groceries if offline need to go for rupay card,else if online order through tata nue and get upto 10% coins
entertainment/dining-axis select as you can get discount using it on easydiner else check swiggy dineout for dscount on dcb

In that case please help me out

Cards : (All LTF)

1) HDFC DCB
2) HDFC Tata neu Infinity
3) Axis Myzone
4) ICICI Sapphiro - MC+Amex
5) IDFC Select

Current Spends :
1) Rent 20000
2) Travel - Daily 90-100 Rs (Use Uber/Rapido) - Currently using Tata neu infinity (as it gives points even for below Rs 50
3) Grocery - in spurts Rs 100-200 Once every 3 days (Use DCB if more than Rs 150, otherwise IDFC)
4) Movies - 1000 per month (use IDFC for BOGO)
5) Entertainment/Dining Out/Flights - INR 5000-10000 per month - Mostly Use DCB or IDFC if DCB not accepted
6) Online shopping - INR 3000-5000 - Mostly DCB
7) Misc expenses - International travel etc- use DCB

Please let me know how to optimize.

 

[haroldh]

y

for rapido do transactions through simpl pay later.
Then after 15 days pay it n whole with a credit card whichever is rewarding.
Axis magnus marked simpl repayment under utilities.
In this way you get 15 days extra credit it doesnt get reported to buerues and you can get rewards as well

But isn't simpl a BNPL?

 

[haroldh]

movies shift to icici sapphiro if it gives a better bogo offer
groceries if offline need to go for rupay card,else if online order through tata nue and get upto 10% coins
entertainment/dining-axis select as you can get discount using it on easydiner else check swiggy dineout for dscount on dcb

Thanks, also for Tata infinity, if i use my card to purchase from friends tata neu account, will I get the neucoins or would the friend get it?

 

[Deleted member 11974]

But isn't simpl a BNPL?

Yes

 

[Deleted member 11974]

Thanks, also for Tata infinity, if i use my card to purchase from friends tata neu account, will I get the neucoins or would the friend get it?

The friend would get neu pass coins
While the card coins you will get

 

[Walter White]

Is there a thread which captures the minimum amount of transaction required for getting reward points or what is the multiple etc for points.

For example DCB has multiple of 150 rs for getting 5 RP.
Some cards have 50, some have 200.

In case this is consolidated at a bank level and not individual card level, can we collate the data? Just a thought.

Because many a times with many of my cards, I do mental calculations, which card would be most rewarding, especially for smaller value online transactions etc.

For Amex, 1 MR per 50. You'll get points for any transaction above 25 as it gets rounded off to nearest multiple of 50.

 

[Walter White]

My bad, I thought they were normal Amex cards. Missed out on the Sapphiro. 😅