HDFC Gyftr now has processing fee for Amazon shopping voucher

[ANewUser]

HDFC smartbuy Gyftr has introduced processing fee for Amazon Shopping Voucher at 2.5% + GST

Amazon pay voucher processing fee is now increased to 3.25% + GST

 

[Cryptopsycho]

View attachment 26121

I think it was changed in between. I wasn't aware of.... Thanks for pointing it out... earlier it used to be 0.5.

 

[Enthusiast]

I think it was changed in between. I wasn't aware of.... Thanks for pointing it out... earlier it used to be 0.5.

Yeah, i received my card yesterday and going through all the details now...

I am unable to understand their strategy of increasing the processing fee in smart buy and decreasing the reward rate...

 

[Cryptopsycho]

Yeah, i received my card yesterday and going through all the details now...

I am unable to understand their strategy of increasing the processing fee in smart buy and decreasing the reward rate...

Yeah it is pretty disappointing to see it. just that people who have regular travel plans can only use it now... just another method of devaluation by HDFC.....

 

[Enthusiast]

Yeah it is pretty disappointing to see it. just that people who have regular travel plans can only use it now... just another method of devaluation by HDFC.....

Can these points be converted into intermiles(1 RP = 1 Rs) and use it for buying vouchers?

 

[DB10]

With the additional tax on the GYFTR portal for the Amazon voucher, there are practically no point using DCB to biy amazon vouhcer, right ?

 

[sid16]

Sure as hell not purchasing APV and ASV using Infinia now. Really stupid move this I feel.

 

[watchguys]

Sure as hell not purchasing APV and ASV using Infinia now. Really stupid move this I feel.

Apart from infinia, how can we buy APV at discount as even with 3.5% GST, yiu still get around 13% discount?

 

[Faust]

Sure as hell not purchasing APV and ASV using Infinia now. Really stupid move this I feel.

Why not buy Amazon Prime Voucher from Gyftr?
You get 10% discount + points.
Is GST applicable on APV too?

 

[iAmPm]

APV = Amazon pay voucher.
amazon prime voucher is not the center of attraction here.

 

[sid16]

Apart from infinia, how can we buy APV at discount as even with 3.5% GST, yiu still get around 13% discount?

3.25% + 18% GST means total charges of 3.83% which needs to be paid upfront. I am definitely paying that much of charges UPFRONT for a future discount. Magnus + Burgundy will still give me around 9.6% in air miles / hotel points and no upfront charges and no cap on earning points too. Quite stupid from HDFC, I must say.

 

[dontpingme]

Quite a stupid move from hdfc, i have DCB but thinking of buying APV using SBI cashback card for upfront 5% discount, not a deferred benefit.

 

[eatpepsi]

They also seem to have added to the amount of shopping vouchers one can purchase, ASV new limit seems to be 10k... i am unable to purchase more ... is it the same for anyone else ...

 

[Akki]

They also seem to have added to the amount of shopping vouchers one can purchase, ASV new limit seems to be 10k... i am unable to purchase more ... is it the same for anyone else ...

A customer (a combination of registered mobile number and card number) can buy a maximum of INR 10000 worth of Amazon Shopping Vouchers in a calendar month. There will also be a Processing Fee of 2.50% + GST on all purchases of Amazon Shopping Vouchers.

 

[eatpepsi]

A customer (a combination of registered mobile number and card number) can buy a maximum of INR 10000 worth of Amazon Shopping Vouchers in a calendar month. There will also be a Processing Fee of 2.50% + GST on all purchases of Amazon Shopping Vouchers.

previously it was 50k

 

[nvzard]

What is the cumulative reward rate for purchasing ASV and APV using DCB now? Does it still make sense to use Gyftr compare to ICICI Amazon Pay and SBI Casback card?

 

[AJ331]

Amazon pay voucher processing fee is now only 2.5%+ GST?

 

[SamPtnk]

Amazon pay voucher processing fee is now only 2.5%+ GST?

 

[lucifer69]

Amazon pay voucher processing fee is now only 2.5%+ GST?

I noticed this around 20 minutes earlier and was about to post then I thought let's have a look if someones already mentioned on thread lol
Also, Shopping is 1.75%

 

[mojo_jojo123]

Quite a stupid move from hdfc, i have DCB but thinking of buying APV using SBI cashback card for upfront 5% discount, not a deferred benefit.

same here .. where do you buy from Amazon PV using SBI cashback for 5% discount ?

 

[ismail]

So DCB reward rate is 695/10295*100=6.75% (not very rewarding)
Plat travel 4lakhspend 18.5Marriott points per 100=5.55% returns