IDFC First Bank Launched its Debit Card Reward System

[Sobirvs]

What is 250 points for first bill paid in the month?

this u get when u pay a bill thru idfc app. thanks to @Anindya98 who told me this trick that it doesn't matter how mch ur bill is, u can even edit the trxn amount in the last step in the app and change the amount to 1rs... and u still get 250 pts.

 

[BhaiyaJi]

ust an update for people who have kotak 811 super like me as I do cc payments only via idfc and kotak (I don't have hdfc, indusind and other dc's), I guess using kotak dc will be a better choice as it gives 500 rs for 10k payments compared to IDFC which gives 250pts(250/4 = 62rs?) or even if we get 10x pts for post 50k, so 10k payment will give 1000 pts which is 125 rs, where as kotak gives 500 , which is better than idfc for now?

Its 5% over 2.5%, so yes kotak is best for up to 10k. Also its a cashback which is credited without any charges.

 

[Anindya98]

What is 250 points for first bill paid in the month?

First CC bill payment via IDFC App.

Just an update for people who have kotak 811 super like me as I do cc payments only via idfc and kotak (I don't have hdfc, indusind and other dc's), I guess using kotak dc will be a better choice as it gives 500 rs for 10k payments compared to IDFC which gives 250pts(250/4 = 62rs?) or even if we get 10x pts for post 50k, so 10k payment will give 1000 pts which is 125 rs, where as kotak gives 500 , which is better than idfc for now?

I am not sure about Kotak, because I don't have the card and for me, IDFC is a better choice as I pay almost 1L a month.

 

[Sobirvs]

I am not sure about Kotak, because I don't have the card and for me, IDFC is a better choice as I pay almost 1L a month.

I use IDFC too but kotak is limited to only 500 cashback and I have lakhs of bills to pay aswell. We can use kotak for 10k payment to get 500 cashback and then rest on idfc.

Even better if someone opens multiple acc's on kotak (wife/mother/dad/bro/gf acc) to get even more benefit and kotak gives pure cash, compared to idfc which gives pts in return one gives GV's whose value is anyways bad compared to amazon GV and 99 fee on top.

if I have 1L bills, I put 10k on kotak and rest on IDFC for now.

 

[RichieRich]

I use IDFC too but kotak is limited to only 500 cashback and I have lakhs of bills to pay aswell. We can use kotak for 10k payment to get 500 cashback and then rest on idfc.

Even better if someone opens multiple acc's on kotak (wife/mother/dad/bro/gf acc) to get even more benefit and kotak gives pure cash, compared to idfc which gives pts in return one gives GV's whose value is anyways bad compared to amazon GV and 99 fee on top.

if I have 1L bills, I put 10k on kotak and rest on IDFC for now.

which kotak debit card is required ? any link for the same ?

 

[Strange]

First CC bill payment via IDFC App.

Every month? .

 

[Sobirvs]

Every month? .

yes

which kotak debit card is required ? any link for the same ?

811 super. pls check this thread https://www.technofino.in/community/threads/kotak-bank-811-super-savings-account-benefits.31516/ all your answers are given in 1st post itself as FAQ. Don't comment for kotak acc's on this thread again as the thread is for idfc and will go offtopic, i apologize others and mods for mentioning kotak on this thread.

 

[virtuoso]

Reached 8k reward points limit for the first time 🥲

Can you guys tell me how to upgrade debit card to select or wealth?

 

[BhaiyaJi]

Reached 8k reward points limit for the first time 🥲

Can you guys tell me how to upgrade debit card to select or wealth?

You need to upgrade your account variant to upgrade card.

 

[sid16]

I have not received points for SBI Unipay transactions since 16th January. Anyone else in the same boat?

 

[virtuoso]

And how do I upgrade my account?

You need to upgrade your account variant to upgrade card.

 

[RichieRich]

And how do I upgrade my account?

Contact your RM. He will guide you, example maintain 3 lac balance for 3 months

 

[Anindya98]

Every month? .

Y e s

 

[sid16]

I have not received points for SBI Unipay transactions since 16th January. Anyone else in the same boat?

Waiting for a response.

 

[RichieRich]

received points for yesterday's transactions as well. IDFC system is getting better..!!

 

[Sobirvs]

IDFC system is getting better.

hope they don't get too better that they finally find out abt the mcc code stuff lol, otherwise we all are screwed.

 

[KLB@96]

Have requested IDFC to convert my regular savings account to wealth , lets see what happens

 

[Anindya98]

Have requested IDFC to convert my regular savings account to wealth , lets see what happens

Based on what? 10L MAB or anything else?

 

[KLB@96]

Based on what? 10L MAB or anything else?

I just sent email lol nothing else just shooting my shot 😛

 

[BhaiyaJi]

I just sent email lol nothing else just shooting my shot 😛

W o W.