how are you using BizBlack ( spends, redemptions) ?

[PreciousTincture]

Spends:
I recently got BizBlack as a floater on my Infinia. Im maxing out my Bizblack "Key Spends" with paying taxes which get me 5x points with cap of 7500. now since i already have i do all smart buy spends on inifinia. which makes bizblack only useful for paying taxes unless im missing something. let me know if you have a strategy to do better with spends.

Redemption:
I cannot find a dedicated portal for bizblack where i can buy apple/tanishq products at 1:1 maybe thats not available. one might use the generic smartbuy to book hotels/flights. how/where are you redeeming the points ?

 

[varun037]

My Question is for HDFC Biz Black card, which provides 5x reward points (upto 7,500) on MMT Biz account (business account version from MMT). This is a special benefit for BizBlack card holders only. Does anyone have any experience in making a flight booking using BizBlack card through MMT Biz portal?

Kindly check the terms on smartbuy (https://offers.smartbuy.hdfcbank.com/offer_details/smartbuy/15282/Zmilm2U=)



They have updated bizblack to 10,000 points per month. I booked with them 2 months before, I got about 9000 bonus points using BIZBLACK cc only. I used smartbuy website only.

 

[varun037]

All multiplication of rewards are capped for 10,000inr irrespective of from where you book. Note: biz black mmt is quite expensive than normal mmt and smartbuy. Ideally booking from smart buy for all dinners to below cards are worth. Mmt biz is of not use for first time some 500rs then nothing you are just taken for a ride.

Multiplication rewards for bizblack are capped at 10,000 for smartbuy and 7500 for business expense. You can earn 17500 per month multiplication rewards (20/150).. 5/150 rewards are capped at 1,50,000 (refer page 23 here)

 

[sourpai]

Low convenience charge as compared to HDFC Smartbuy portal and the fares that we get on MMT Biz are Corporate fares, which usually include free seat selection, meals and very low/ no flight cancellation charges. So for low cost carriers like Indigo/ Spice Jet/ Akasa, it makes more sense to use MMT Biz (unless you want to redeem your reward points).

I don't think booking on MMT Biz will get you 5X...

Booking via smartbuy Biz portal will only give 5x points

 

[canitintuli]

I don't think booking on MMT Biz will get you 5X...

Booking via smartbuy Biz portal will only give 5x points

Please refer to the screenshot attached. It clearly says get 5x reward points on Business Travel via Smartbuy Biz Deal - MMT MyBiz (this is separate from Smartbuy portal travel booking).

 

[varun037]

Please refer to the screenshot attached. It clearly says get 5x reward points on Business Travel via Smartbuy Biz Deal - MMT MyBiz (this is separate from Smartbuy portal travel booking).

have you booked using mmt biz? if yes any additional rewards points if applicable will be added to your card within 2-3 days. You can check that using account information on HDFC Net banking.

 

[pslashb]

Google does not accept Diners Credit Cards

Can anyone confirm if the Google Ads spend is directly on Google Ads website or via Nuclei?

If it is via Nuclei then technically diners club should work on Google Ads as well?

 

[sourpai]

Can anyone confirm if the Google Ads spend is directly on Google Ads website or via Nuclei?

If it is via Nuclei then technically diners club should work on Google Ads as well?

Accelerated reward points are given only via link given on Biz Black smartbuy portal. Many people have reported that direct payment on google ads does not support diners

 

[pslashb]

Accelerated reward points are given only via link given on Biz Black smartbuy portal. Many people have reported that direct payment on google ads does not support diners

Ok then if its an affiliate link type of scenario then BizBlack won't work. Thanks for confirming!

 

[pslashb]

1. Yes, I routinely get the bonus 7500 points. I am getting the same AFTER statement generation, generally within 1-2 days of statement generation I get SMS of the bonus 7500 points.
2. Yes, I have received all 4 vouchers worth 5k each. They give 2 redemption options, MakeMyTrip or Taj Experiences. I have utilized all vouchers towards MMT. You can use maximum 3 vouchers for one MMT booking. MMT vouchers have an expiry of 6 months.
3. Best way for redemption for me has always been flights. Second best would be hotels, you would not get discounts on hotel prices, but the 30% revenue which you pay through the card gives you 10X points, so it becomes similar to other portals.

What happens if I make a income tax payment of 86,250 in a month? Do I only get 7,500 RP or do I get 10,375 RP (calculation as follows)

86,250 / 150 = 575
575 * 5RP = 2,875
575 * 20RP = 11,500 = 7,500 (due to capping)
Total = 2,875 + 7,500 = 10,375

 

[sid16]

What happens if I make a income tax payment of 86,250 in a month? Do I only get 7,500 RP or do I get 10,375 RP (calculation as follows)

86,250 / 150 = 575
575 * 5RP = 2,875
575 * 20RP = 11,500 = 7,500 (due to capping)
Total = 2,875 + 7,500 = 10,375

Your calculation of 10375 points seems to be correct. So you get regular reward points too, to answer your question.

 

[cajainrishabh]

Hey I have a question.

I was also planning to get this card and was wondering what additional charges are being put when paying GST, Advance tax and other business expenses?

Usually CCs have extra 0.85% or 1% or more in case of diners black. And is diners black easily accepted in these govt sites?

The charges are flat 0.85% only and it is easily accepted as the portals have HDFC PGs

 

[cajainrishabh]

Are the rewards point redemptions greater than this to result in a net benefit?

Yes they are

 

[cajainrishabh]

How can you use it for TDS and TCS?

Payments for TDS and TCS are made through the Income Tax Portal only. Just like SAT and Advance Tax payments

 

[cajainrishabh]

What happens after the 7,500 5x cap. Does the remaining amount get rewarded at 5 RP for every Rs.150?

Yesss you continue to get 5RP for every Rs. 150

 

[cajainrishabh]

What if we don’t reach the 50000 threshold a month? Do those business spends get counted for the regular 5rp per 150? Or 0 rewards?

You get the regular 5RP per Rs. 150

 

[cajainrishabh]

I received my first statement today after 16 days of receiving the card. I paid 50K plus for GST payment but the 5x reward points are not reflected in my card statement.
I made the GST payment 10 days before the statement generation date - I also made other purchases through gftyr smartbuy and those 3x reward points are added to my acccount and is also mentioned in the statement.

When is it credited? Do i need to send an email?

You'll get a credit message for these points in a couple of days post the statement generation

 

[cajainrishabh]

How do we get the 5k voucher. I've exceeded the 5L limit last month. And my Statement got generated 2-3 days ago. Still haven't gotten the 5k voucher yet. Do I have to manually redeem it ?

https://offers.reward360.in/milestone/business/biz_kyc check the link

 

[ccenthu123]

Low convenience charge as compared to HDFC Smartbuy portal and the fares that we get on MMT Biz are Corporate fares, which usually include free seat selection, meals and very low/ no flight cancellation charges. So for low cost carriers like Indigo/ Spice Jet/ Akasa, it makes more sense to use MMT Biz (unless you want to redeem your reward

Hi. Did you book via MMT Biz? Did you get the 5x RP? Please update - many thanks.

 

[canitintuli]

Hi. Did you book via MMT Biz? Did you get the 5x RP? Please update - many thanks.

I have made a small transaction amounting Rs. 6k but card statement is not generated yet. Will confirm once the statement is generated.

 

[varun037]

I have made a small transaction amounting Rs. 6k but card statement is not generated yet. Will confirm once the statement is generated.

you can track reward points from netbanking itself before statement generation. They get credited within 3 days of transaction.