Devaluation HDFC Bank All Credit Cards including Infinia devalued effective from 1st Sept 2024

[LordPSN]

HDFC Bank all credit card devaluation effective from 1st Sept, 2024.

Effective from 1st Sept, 2024:
1. Maximum 2000 reward points per month on Utility spends. Telecom & cable transactions will have a separate limit of 2000 reward points per month.
2. No reward points on education fees payment via online portals like cred, cheq, etc.

Effective from 1st Oct, 2024:
3. One apple product redemption per quarter.
4. Maximum 50,000 reward points can be redeemed against Tanishq GV per quarter.

 

[LordPSN]

 

[HumorSimpson]

 

[bigbyte]

At least they are devaluing it slowly and in steps.

 

[MARUMUGANAINAR]

View attachment 63065

I think this is only for direct utility payments for tata payments there will be no cap(max 2500) on reward points

 

[HumorSimpson]

At least they are devaluing it slowly and in steps.

This is exactly a seasoned player like HDFC does, devour in small bites.

 

[D₹V]

Dukhad 🥲, hope it's only limited to tata neu card.

 

[cardy]

1. Reward Points earned on Utility transactions will be capped at 2000 Reward Points per calendar month.

2. Reward Points earned on Telecom & Cable transactions will be capped at 2000 Reward Points per calendar month.

3. Education payments made through third-party apps like (but not limited to) CRED, Cheq, MobiKwik, and others will NOT earn Reward Points. However, education payments made directly through college/school websites or their POS machines will earn Reward Points

Just received the mail

 

[Shin-Chan]

Dukhad 🥲, hope it's only limited to tata neu card.

its across all HDFC Cards D₹V Sir

 

[cardy]

Lagta hai jis speed se devaluation ho raha hai sabhi Bank mein,
Wo din dur nahi jab credit card use karne ke liye rewards ek history banke reh jayega 🤣 😆 😂

 

[Rishi Singh]

I have received a new mail from HDFC which states that utility points will be capped at 2000 per month. Also, Only 1 Apple product can be redeemed every quarter and only 50000 worth of RP can be redeemed for Tanishq vouchers every quarter for my Infinia Card from 1st September.

Is this for all HDFC credit Cards?

 

[NShah]

I have received a new mail from HDFC which states that utility points will be capped at 2000 per month. Also, Only 1 Apple product can be redeemed every quarter and only 50000 worth of RP can be redeemed for Tanishq vouchers every quarter for my Infinia Card from 1st September.

Is this for all HDFC credit Cards?

View attachment 63070

All HDFC Bank credit cards

 

[sahilgulati5]

Yes Infinia is getting devalued daily!!

 

[sudoabhi]

Lagta hai jis speed se devaluation ho raha hai sabhi Bank mein,
Wo din dur nahi jab credit card use karne ke liye rewards ek history banke reh jayega 🤣 😆 😂

 

[D₹V]

its across all HDFC Cards D₹V Sir

Chhee B*, UPI virtual jaise card jispe rp milta bhi nahi, ka bhi devaluation kar dia.

HDFC mere nazron se gir gaya ab.

Ab nahi karunga inka prachar 🤬🤬

 

[Shin-Chan]

Infinia will be thing of the past !!

 

[supperman]

It's for all cards.

 

[neo.puneet]

This will also me advertised as HUGE devaluation 😂

 

[Shin-Chan]

It's for all cards.

All cards as in ? All Bank cards or only limited to HDFC Bank cards ?

 

[supperman]

All cards as in ? All Bank cards or only limited to HDFC Bank cards ?

Heh, all HDFC cards are getting this update. DCB, millennia, Tata Neu, Swiggy etc.

I am not sure about Regalia or some other niche cards. I'd be surprised if they're left out.