Gild Credit card

[Sarthak2005]

Anybody used gild credit card which gives Gold Back something...
Any review on it?

 

[saucy]

It's a FD based cc. Won't recommend.
Also the reward rate is just 0.75%
Idfc cards give better in LTF category
Flipkart card is LTF (of you can get it) - offers double of that

 

[It_is_Naruto]

Anybody used gild credit card which gives Gold Back something...
Any review on it?

I got it for trial. Rewards are less but concept wise it's nice. For spends, petals are issued and you can redeem it for gold( only after 2500 petals are in your account).
Application process is a breeze and app interface is interesting. Support is dedicated I guess since I got the call as soon as I raised query on app.
SBM team is adding more features for rewards redemption. Will update in case there is something interesting.

 

[It_is_Naruto]

I got it for trial. Rewards are less but concept wise it's nice. For spends, petals are issued and you can redeem it for gold( only after 2500 petals are in your account).
Application process is a breeze and app interface is interesting. Support is dedicated I guess since I got the call as soon as I raised query on app.
SBM team is adding more features for rewards redemption. Will update in case there is something interesting.

Update:
- SBM new features - Still in "adding" phase. Nothing new added.
- Major drawback which I feel is the redemption process. You can't redeem less than 2500 petals(YES, They have named the reward points as PETALS) which is approximately at a distance of 3.33 lacs of spends. Too much of hassle I think for a low rewarding card.
- The current rate of interest on FD being given is only 7%, many other banks are providing at higher rates.
- Even if I am able to redeem the points, in what form I will keep, I am not sure.... Digital gold or Moneyback or??

Good part - With the physical card, you will get a nicely designed metal card case which can carry 5-6 cards with RFID protection. This is the only good thing in the complete package.

Suggestion - Not worth of the hassle.

 

[armat]

Update:
- SBM new features - Still in "adding" phase. Nothing new added.
- Major drawback which I feel is the redemption process. You can't redeem less than 2500 petals(YES, They have named the reward points as PETALS) which is approximately at a distance of 3.33 lacs of spends. Too much of hassle I think for a low rewarding card.
- The current rate of interest on FD being given is only 7%, many other banks are providing at higher rates.
- Even if I am able to redeem the points, in what form I will keep, I am not sure.... Digital gold or Moneyback or??

Good part - With the physical card, you will get a nicely designed metal card case which can carry 5-6 cards with RFID protection. This is the only good thing in the complete package.

Suggestion - Not worth of the hassle.

Which is your variant? Is it rupay select variant ? Wellness benefits?

 

[It_is_Naruto]

Which is your variant? Is it rupay select variant ? Wellness benefits?

Its VISA only.
I Don't think GILD is having Rupay variants.