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Offer Fulfilled! IDFC First Rewards' best redemption options?

The offer has been fulfilled by the bank/company.

Anindya98

TF Legend
VIP Lounge
I have accumulated 20000 RPs in the IDFC First rewards portal by next month I will be able to redeem it. What are the best possible options for redemption?
I am only interested in e-gift card/voucher category not interested in buying any products.
I am thinking of converting it to 5000 Amazon Pay GV net profit of 4882 after 118 redemption fees.
Also, on my other 2 family accounts, I have 6000+ each account.


Any more Suggestions will be appreciated
Update: 18-09-2024
IDFC has removed the 1K Amazon Pay GV and Shopping Voucher both Options from the Redeem Section Now max 2500 (500*5) can be redeemed at once. Same for Flipkart GV no 1K option.

Update: IDFC First Rewards Redemption: Exploring the Best E-Voucher Options as of 07/01/2025!
E-Commerce: Myntra (5K) & Tata CliQ Fashion (5K)
Accessories: Decathlon (5K) & Max (2K)
Beauty: SKINN by Titan (2K)
Electronics: Croma (5K), Reliance Digital (9999), Vijay Sales (5K)
OTT: Amazon Prime, BMS(1K), PVR(1K), Hoichoi, Zee5
Jewelry: As per your preference
Travel: OLA Cabs(1K), Taj(10K)
Food: Swiggy Money(1K), Zomato(1K), Blinkit(500), KFC(1K)

Using Pay with Points: 4 RPs= Re1
Flights
Hotels
Recharge (Mobile & DTH)
BMS Pay with points
Store(Not Recommended at all)
The list is subject to change based on the availability of vouchers, evaluation of points, and the terms and conditions of brands for voucher usage. Feel free to suggest additional options where you have utilized your points beyond those mentioned here.
 
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Just Now I redeemed Rs 14,000/- worth of points (Rs.11500 APV and 2.5K ASV).
The redemption issue for Amazon Pay Vouchers is resolved.
 
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Just Now I redeemed Rs 11,500/- worth of points (Rs.9500 APV and 2.5K ASV).
The redemption issue is resolved for Amazon Pay Vouchers.
Wont they block for so much bulk redemption? I got around 150k points.. thinking to redeem in apay vouchers.. was waiting for 1000 or greater denomination to come earlier..
 
Wont they block for so much bulk redemption?
No, I tried yesterday all were unsuccessful for APV. But today all the transactions went through without any issues. Updated Redeemed Rs 14000, not 12500.
I got around 150k points.. thinking to redeem in apay vouchers.. was waiting for 1000 or greater denomination to come earlier..
It's better to redeem some points rather than wait for 1K or greater denomination. As I don't get charged any redemption fees, it's a win-win. Also, devaluation can happen at any time, or the value of points might be reduced at any time.
 
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No, I tried yesterday all were unsuccessful for APV. But today all the transactions went through without any issues. Updated Redeemed Rs 14000, not 12500.

It's better to redeem some points rather than wait for 1K or greater denomination. As I don't get charged any redemption fees, it's a win-win. Also, devaluation can happen at any time, or the value of points might be reduced at any time.
Wdym by you don't get charged redemption fees?
 
Same here. Was able to redeem all my points for apay balance. And till date not redemption fee has been levied
 
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