Great News - Now get the same rewards on RuPay CC UPI transactions as we get on Credit Card transactions

[HumorSimpson]

I shown this post to my ICICI Coral Rupay CC and it went back into pouch saying, "I know you won't be using me even now." I said, the day you will give atleast 3%, I will love you more. But currently Millennia is my wife and SBI cashback has come into my life recently and can be Xtra-Credital affair.

Hallucinations at peaks

 

[Shubham Yadav]

You have missed tagging the TF Army this time.
I will do the honour.

Technofino Army:

@CardCraftsman.

@CCFan12

@Enthusiast

@sourpai

@Parvesh Goyal

@TheMentalist

@hs23new

@Sahilhenzy

@Survivor35

@paresh22

@rockking1994

@insight

@drsel

@Chaitanya-a

@Dharm

@MangoRush

@D₹V

@VISHESH_BANSAL

@chasni

@dino

@AritraSaha

@0xfallup

@seekndestroy99

@dino

@kshitij_0

@vinrey287

@tryabp

@sm9811911

@Harry1

@Rohan

@rockyBalboa

@imdjay

@sheru

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@shrewdoc

@manishtaneja90

@starstruck

@Oscar

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@Shubham Yadav

@CP24

@credit_debit

@kushhh

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@sxchzy

@CyberPsych

@Deepak_Shetty

@jimmypappachan

@S.S.

@xxScriptzxx

@BeingIncog

@plastikman

@lhgeek

@knight

@Akashn

@RupayMan

@Rkr

@ChurningNoob

@varunsridharan

@WandereR

@D7162

@chenrichy

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@prc1990

@EINSTEIN

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@Rocky Bhai

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@NOOBY

@Pavan

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@Predator

@CC-Muncher

@WhoU

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@Abhishek012

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@Anil_Singh

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@pinki

@its_ka

ran

@doraemon

@AlphaCAT

@𝙇.𝙆. 𝐓𝐢𝕨𝐚𝐫𝚒

@shivamk

@Shoxie

@s1t2y3a3m6

@iamabhisekagar

@Kumar93196

@imuntitled

@NShah

@drk

Gola barud kitna rakhna h war k liye ?

 

[meadityaraj]

Mostly banks will start issuing companion rupay card with the same benefits they are providing rn. Like IDFC first bank, core card and upi card with different card number linked with core card.

 

[m4b]

Gola barud kitna rakhna h war k liye ?

nahi, ab rupay se sabka lenge

 

[Abhishek012]

Don't they need 1 month advance notice for this.

Yeh NPCI ka circular hai banks k liye.

Bank wale ghanta timeline follow karte hai.

Yeh saal k end tak bhi sahi se implement kar de bank wale toh apne colony me pede batt dena.

 

[Abhishek012]

Mostly banks will start issuing companion rupay card with the same benefits they are providing rn. Like IDFC first bank, core card and upi card with different card number linked with core card.

Currently, All IDFC Primary Visa/mastercards are not available on RuPay variant yet (Except IDFC RuPay HPCL Power/Power+ fuel credit card).

IDFC Digital Virtual RuPay Credit Card is floater card.

IDFC customers ko bewakuf bana rahe hai aur customers bann rahe hai.

IDFC Primary Visa/mastercards agar RuPay me available hota toh atleast digital RuPay variant card spend pe same reward mil raha hota.

Dono alag card hai.

 

[jack333]

Thanks to NPCI/RBI for giving reservation to minorities (CC UPI)

Aisi baaten mat karo bangladesh ki tarah idhar bhi commander @Abhishek012 ki kursi na chin jaye

 

[HumorSimpson]

Aisi baaten mat karo bangladesh ki tarah idhar bhi commander @Abhishek012 ki kursi na chin jaye

chin Jaye to woh Chin jayenge.

c

 

[damn]

NPCI just released a circular, ordering banks to maintain parity between the rewards/cashback/etc between UPI and other transaction modes; to go into effect by September 2024.

https://www.npci.org.in/PDF/npci/rupay/2024/RuPay-OC011-FY-24-25-RuPay-Credit-Cards-Rewards-Parity-w-e-f-1st-Sep-24.pdf

 

[pinki]

Mate u r late
@vaibhav111 merge with commander's thread

 

[rockking1994]

How will banks give on par rewards as regular spends(non upi)
As they are not earning mdr on these transactions
I mean the transaction less than 2k
Will they devalue the cards or start charging for UPI?

 

[TheTrickySid]

Great News - Now get the same rewards on RuPay CC UPI transactions as we get on Credit Card transactions:

RuPay Credit Cards Rewards Parity w.e.f. 1st September 2024

Credit card rewards points are a key lever to drive spending on credit cards. It has been observed that the rewards points, benefits & features for RuPay credit cards on UPI transactions are not equivalent to the rewards points, benefits & features offered on Card transactions.

Member banks are expected to adhere to the circular by 1st September 2024.

Kahi ayesa na ho jaye ke card transaction ka lvl UPI se match kar de

 

[HumorSimpson]

Kahi ayesa na ho jaye ke card transaction ka lvl UPI se match kar de

Exactly my thoughts too, Rupay UPI rewards may not level upto visa or master but otherway around where visa/master down to rupay upi.

 

[jack333]

chin Jaye to woh Chin jayenge.

c

He prefers nepal where rupay is accepted and can get spa also

 

[wuodland]

merchants who always kept this disabled -

"I sleep"

 

[Abhishek012]

Kahi ayesa na ho jaye ke card transaction ka lvl UPI se match kar de

Exactly my thoughts too, Rupay UPI rewards may not level upto visa or master but otherway around where visa/master down to rupay upi.

Kisne bola ? RuPay credit card and Visa credit card k rewards same hai. Koi difference nahi hai.

Koi aisa card batao jo Visa/Mastercard and RuPay me available hai and alag alag reward points milte ho. Aisa kuch nahi hota hai, banks kabhi bhi discriminate nahi karta hai. Kuch technical issue jarur aate hai jaise lazy ICICI bank wale dhang se Reward point ko timely implement nahi kar pa rahe hai woh sab alag cases hai.

Ab yeh circular k baad CC UPI pe bhi same reward milega.

Kahi kahi toh CC UPI k MDR aur jada hai, Banks ko toh aur jada profit aayega CC UPI transaction pe.

 

[HumorSimpson]

He prefers nepal where rupay is accepted and can get spa also

Nope .. he want's to tame the dragon.

 

[Anil_Singh]

ICICI has already fixed this issue.

Yes. Getting points.

 

[Shin-Chan]

Nope .. he want's to tame the dragon.

 

[Anil_Singh]

You have missed tagging the TF Army this time.
I will do the honour.

Technofino Army:

@CardCraftsman.

@CCFan12

@Enthusiast

@sourpai

@Parvesh Goyal

@TheMentalist

@hs23new

@Sahilhenzy

@Survivor35

@paresh22

@rockking1994

@insight

@drsel

@Chaitanya-a

@Dharm

@MangoRush

@D₹V

@VISHESH_BANSAL

@chasni

@dino

@AritraSaha

@0xfallup

@seekndestroy99

@dino

@kshitij_0

@vinrey287

@tryabp

@sm9811911

@Harry1

@Rohan

@rockyBalboa

@imdjay

@sheru

@gamersgzb

@Pravnz

@shutapdiya

@shrewdoc

@manishtaneja90

@starstruck

@Oscar

@James

@Arun Pratheep

@Shubham Yadav

@CP24

@credit_debit

@kushhh

@fageriaji

@iAmPm

@Piyush_Jaiswal

@sxchzy

@CyberPsych

@Deepak_Shetty

@jimmypappachan

@S.S.

@xxScriptzxx

@BeingIncog

@plastikman

@lhgeek

@knight

@Akashn

@RupayMan

@Rkr

@ChurningNoob

@varunsridharan

@WandereR

@D7162

@chenrichy

@iNokia

@prc1990

@EINSTEIN

@ADITYA1904

@TheTrickySid

@Tejo

@Dexter

@Rocky Bhai

@4uziaul

@007

@nitrogenSingh

@Rahul Gupta

@NOOBY

@Pavan

@ARV

@Predator

@CC-Muncher

@WhoU

@RewardsAlert

@pprakash11

@Copycat

@CardSeeker

@rp0703

@Strange

@Kamal

@vaibhav111

@Dr. Drake

@Rohith_Kumar_Sp

@Walter White

@jack333

@hks789

@Shrinit Padwal

@gurubhai

@ashwink

@bugmenot

@#aniket

@varun__goel_

@Vasuki

@Abhishek012

@SSV

@tanvi

@Anil_Singh

@the_dark_knight

@pinki

@its_ka

ran

@doraemon

@AlphaCAT

@𝙇.𝙆. 𝐓𝐢𝕨𝐚𝐫𝚒

@shivamk

@Shoxie

@s1t2y3a3m6

@iamabhisekagar

@Kumar93196

@imuntitled

@NShah

@drk

@its_karan bro.. kab tak tooti taang ke zariye army me rahoge.. seedha karwao