IDFC First Bank Mayura Super Premium Credit Card & Ashva Premium Credit Card (Both Metal Cards) Launched

[Channakya]

I have received both the first statements of Mayura and Ashva I have completed 4 transactions of each respective cards. it have not received any cashback for it. Any idea about it?
I have seen a post that the points would be credited within 60 days or 90 days. Is the cashback also credited within 60 days or 90 days of credit card usage?

 

[sarainfo12]

I have received both the first statements of Mayura and Ashva I have completed 4 transactions of each respective cards. it have not received any cashback for it. Any idea about it?
I have seen a post that the points would be credited within 60 days or 90 days. Is the cashback also credited within 60 days or 90 days of credit card usage?

Payment done ?
I did transactions and paid joining fee before statement generation, got the cashback after 3 days of transaction.

 

[sarainfo12]

One of my friends used one is Ashva on the second swipe the Lounge Agent said it chargeable and on DF showing charges. I will check my one on 30th Sept while traveling to Kochi I have a layover in BLR also. So, I will try to swipe 2-3 times in total.

But if we swipe 2nd time less than 3hrs it will be chargeable right ? How much time or days between both swipe ?

 

[BVCBVC is verified member.]

Misleading title must be changed at least now: Super Premium Credit Card

That title will be like Marketing Gimmick and will be pleasing while reading, but in reality that will be like normal cards. 😂 😂

 

[Anindya98]

But if we swipe 2nd time less than 3hrs it will be chargeable right ? How much time or days between both swipe ?

2 back to back another after 4 hrs

 

[sarainfo12]

2 back to back another after 4 hrs

May be that's why , can you ask him to check now ? Same day some times it won't work .

 

[sarainfo12]

Complementary lounge access still not removed .

 

[helloworld]

A slight off topic, question.

I have IDFC Vistara, IDFC Wealth cards before getting Mayura and Ashva cards. On applying them I got the limit of Wealth CC and Vistara CC to Mayura and Ashva. Now recently couple of days back I have received limit enhancement on IDFC Vistara card by 15% and other cards remain with old limit. I have requested IDFC about merging the limits and they came up with this reply to submit documents to increase or merge limits across other cards.

Is it the same policy?

View attachment 69375

re-phrase it and reply same, some executive who checked only keywords rather whole context and pasted limit enhancement template. try again, find another agent or educate this agent with more detail information.

 

[helloworld]

At present I have 9 IDFC cards
1. Select
2. Select Rupay (Virtual)
3. Vistara
4. Vistara Rupay (Virtual)
5. Power Plus (itself Rupay)
6. Mayura
7. Mayura Rupay (Virtual)
8. Ashva
9. Ashva Rupay (Virtual)
But no Credit limit enhancement msg or mail till now.

So, you paid..

UPI Card fee: rs. 36 (hopefully that 200 discount coupon for all 4 cards)

4 Rupay cards = 144

Power + Vistrara + Mayura + Ashva (Joining fee compensated, but GST): 2610

Total: 2754

Is that correct?

to recover this amount on these cards need to spend (cumulatively) 2,30,000 at 1.2%.

 

[sauravkumar]

Inaugural offer extended upto 31-Oct.🤔🤔

It seems they will continue this offer upto Diwali or year end!!😁😁

 

[beast_boy]

We all have to Send card closure requests together next year... 😀

 

[sarainfo12]

Need quick help: how much rewards points we will get if i spend in jewellery shop ? Is it in exclusion list ? Planning to use in Singapore

 

[helloworld]

Need quick help: how much rewards points we will get if i spend in jewellery shop ? Is it in exclusion list ? Planning to use in Singapore today .

5x upto 20k, 10x above 20k for Mayura card with 0% forex.

Its 0.83% upto 20k and 1.67% above 20k.

Example:

For 50k Jewellry purchase,

You'll get ₹667 as rewards. i., 1.3%

Btw, Mayura card charges GST 1080 (if you believe joining fee compensated with their cashback), which needs 80k at 1.3%, just to recover fee paid to get the card.

After that above calculations works.

 

[sarainfo12]

5x upto 20k, 10x above 20k for Mayura card with 0% forex.

Its 0.83% upto 20k and 1.67% above 20k.

Example:

For 50k Jewellry purchase,

You'll get ₹667 as rewards. i., 1.3%

Btw, Mayura card charges GST 1080 (if you believe joining fee compensated with their cashback), which needs 80k at 1.3%, just to recover fee paid to get the card.

After that above calculations works.

I am already holding the card with 1.5L only limit. Using this card for past 3 days in Singapore.

You meant 1080 gst is joining fee gst right ?

 

[sarainfo12]

I am already holding the card with 1.5L only limit. Using this card for past 3 days in Singapore.

You meant 1080 gst is joining fee gst right ?

I holding ixigo rupay card with 3L limit but jewel mcc excluded ,
And idfc wow card with 50k limit

 

[helloworld]

I holding ixigo rupay card with 3L limit but jewel mcc excluded ,
And idfc wow card with 50k limit

This is for Mayura card.

 

[sarainfo12]

View attachment 70741

This is for Mayura card.

I need to buy for 2L but limit is 1.5L and already used 6k to 8k . Any tricks to manage the purchase?

 

[sarainfo12]

I need to buy for 2L but limit is 1.5L and already used 6k to 8k . Any tricks to manage the purchase?

Nvm plan cancelled due to not much difference in the price .

 

[sarainfo12]

@helloworld while transacting using idfc mayura card in app it's showing both inr and sgd instantly, but in idfc terms and conditions they mentioned rate based on settlement date not on transactions date. Is that means will it change again or how it will be ?

 

[helloworld]

@helloworld while transacting using idfc mayura card in app it's showing both inr and sgd instantly, but in idfc terms and conditions they mentioned rate based on settlement date not on transactions date. Is that means will it change again or how it will be ?

Post in thread 'Credit card suggestion for international Payment'

Nov 22, 2022

1. Convert that USD to INR (usually consider settlement date conversion rate).

440 USD = 35928 Rs. (assuming 1 USD = 81.65 Rs.)

+

2. Add markup fee and corresponding GST

(amount × markup fee of that card) + GST

35928 x 3.5% = 1257.48 + 18% GST = 1483.83 (4.13%)

3. Amount you're paying overall in INR.

~ 37422 Rs. you're paying.

---

SBI Cashback mostly will give 5% unless that certification site report as Utility in that case 1%.

Note: Same process for both Credit and Debit Cards, and not all Credit and Debit cards charge 4.13%. There are cards with 0% markup-fee.

• helloworld

• 

btw, as mentioned earlier there are alternative cards for >0% forex transactions

Post in thread 'best way to earn a positive return on international spends'

Jul 29, 2024

: )

• helloworld

•