Hotel Points HDFC to ITC Miles Transfer now available

[anuran]

It really isn't devaluation...

You can still book direct ITC hotel on smartbuy using Infinia points in 1:1 ratio. No need to transfer any points to ITC

HDFC is just providing an option which was not there earlier. Thats it

70% capping is still there

 

[sourpai]

70% capping is still there

Yes it has been there since long time. It still does not change anything

If you are a regular user of Infinia / DCB, 70% should not matter as points get used in subsequent bookings

 

[drsel]

I was waiting for you to come swinging at INFINIA/ HDFC

I love Infinia too, it's the best for those eligible HNIs who don't want to block 30 lacs in fixed deposits

 

[Vasuki]

I love Infinia too, it's the best for those eligible HNIs who don't want to block 30 lacs in fixed deposits

Since you got
Your mood has changed
So you and @SSV are best buddies 😁

 

[drsel]

Yes it has been there since long time. It still does not change anything

If you are a regular user of Infinia / DCB, 70% should not matter as points get used in subsequent bookings

70% capping slightly reduces the point value by a complex formula that the best investment bankers at HDFC have worked out.

Try to solve this problem --
If 70% capping reduces the return of Smartbuy 5x from 16.50% to 15.55%
Then 50% capping will reduce the return to ???
Then 30% capping will reduce the return to ???
Then 20% capping will reduce the return to ???
Then 10% capping will reduce the return to ???
Then 0% capping will reduce the return to 8.25% (50p value when transferred to Accor (2:1), ITC (2:1), airline partners (1:1)

 

[SSV]

Since you got
Your mood has changed
So you and @SSV are best buddies 😁

All Indians are my brothers and sisters !!!
I love everyone and all the banks except for those who doesn’t reciprocate or act as d*ck heads !!!
@drsel is already one of my best buddies long before he took Infinia / any other card(s).
Actually I didn’t know that Ihe took Infinia .

I still consider him as 🪓 man and continue to tease him !!!😉
and I have no attachment to infinia or any other card / Bank… it is just a business from my perspective

 

[helloworld]

Atleast axis kept their word for one thing

Out of curious, what if AXIS drop this in their MITC document and implement for this card? ...

Thread 'The End of 'Lifetime Free'? ICICI's Big Change to Credit Cards 😲'

Oct 16, 2024

The statement means:

1. Same Pricing Across Networks: Whether your card is on a Visa, MC, or other network, the pricing will be the same, unless the bank specifically mentions otherwise.
2. No Joining/Annual Benefits for LTF Cards: If your card has no joining fee or annual fee, then you won't receive any special joining or annual benefits (like welcome bonuses or rewards).
3. No Fees Charged for LTF Cards: If you were issued a lifetime free (LTF) card (no joining/annual fee), no fees will be applied during your statement...

• helloworld
• #ltf icici ltf ltf card ltf conversion ltf credit card ltf icici bank credit card
• Replies: 25
• Forum: Credit Card - General

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