• Hey there! Welcome to TFC! View fewer ads on the website just by signing up on TF Community.

IDFC First Bank Launched its Debit Card Reward System

Status
The first post in this thread is a WikiPost, and can be edited by anyone with the appropriate permissions.
Having trouble understanding this reward system.

i spent 74893 through cred with my idfc visa signature debit card on 1st aug

in first rewards, the RP activity is shown as below:
998.57 RP for spending 74893.
3293.58 bonus RP for spending 74893.

Now the first line of 998.57 RP is clear (2 RP per 150 rs spent)
But what is the calculation for 3293.58 bonus RP?
 
Having trouble understanding this reward system.

i spent 74893 through cred with my idfc visa signature debit card on 1st aug

in first rewards, the RP activity is shown as below:
998.57 RP for spending 74893.
3293.58 bonus RP for spending 74893.

Now the first line of 998.57 RP is clear (2 RP per 150 rs spent)
But what is the calculation for 3293.58 bonus RP?
74893-20000=54893

On that u got 9x points
That's 3293.58
 
I cannot view the reward slide in the mobile app. Is this the same experience you are encountering?
 
For 10x, there are some merchants like Flipkart, AJio,M&S etc..
So if you spend on these merchants, you will get 10X points from the start itself irrespective of Incremental spends.
Note: for IDFC 10X means 10 points per 150 rupees

Eg: If you spend Rs.1500 in Flipkart with any debit card, you will get 100 points(1.67%).

For incremental 10X,

Online( CC Payment)

Classic
Till 20K - 0.33%
After 20K - 1.84%

Eg: For 2 Lakh, total cashback Rs.3378

Select
Till 1L - 0.50%
After 1L - 2%
Eg: For 2 Lakh, total cashback Rs.2500

Wealth
Till 1.5L -0.67%
After 1.5L - 2.17%
Eg: For 2 Lakh, total cashback Rs.2090

Private
Till 2L - 1%
After 2L - 2.34%
Eg: For 2 Lakh, total cashback Rs.2000
From which platform we can pay CC bills using idfc card to earn the points? Mobikwik. Paytm, Cred ???
 
Status
The first post in this thread is a WikiPost, and can be edited by anyone with the appropriate permissions.
Back
Top