Well… as always, we got to know about the loophole after it got patched. 😅
There was a sneaky little trick going around that allowed HDFC Infinia and DCB users to earn up to 15,000 bonus points every month and of course, it didn’t last forever.
Here’s what was happening 👇
So if you were doing this trick, it’s officially game over for now.
But you can still purchase GV and use that to buy gold coins to earn accelerated reward points.
If anyone has noticed the exact date when HDFC stopped giving the bonus, drop it in the comments below... let’s keep the info flowing.
There was a sneaky little trick going around that allowed HDFC Infinia and DCB users to earn up to 15,000 bonus points every month and of course, it didn’t last forever.
The Loophole
Through HDFC SmartBuy, users could shop on Myntra and earn 5X reward points, which translates to a 16.66% value back if you’re using an Infinia or DCB card.Here’s what was happening 👇
- People were buying Myntra Gift Vouchers from SmartBuy or other accelerated portals like iShop.
- Then, they’d use those GVs to buy gold on Myntra.
- Any remaining payment (after applying GV) was made using the HDFC credit card, which triggered 5X bonus points.
But not anymore…
HDFC Bank has patched the loophole, they’ve now stopped awarding bonus reward points for gold purchases via SmartBuy Myntra.So if you were doing this trick, it’s officially game over for now.
But you can still purchase GV and use that to buy gold coins to earn accelerated reward points.
My Note
I just came to know about this today. Personally, I never tried buying gold this way, already have enough headaches in life 😂 and didn’t want to add another one of tracking gold purchases, selling it later, and managing taxes for those “profits.”If anyone has noticed the exact date when HDFC stopped giving the bonus, drop it in the comments below... let’s keep the info flowing.
