Offer Fulfilled! IDFC First Rewards' best redemption options?

[Anindya98]

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.

Update(17/02/2025): Zero Convenience Fee Flight Ticket Booking Offer
https://www.technofino.in/community...rds-best-redemption-options.28763/post-941819

 

[newmakerhere]

200k 💀 .

 

[pgarg24]

I have about 15,000 reward points in my IDFC FIRST Rewards account. Last year, I heard that some people's high reward point balances were reversed. Is it safe to keep these points?

Bro, I got 186k in balance.. so you are pretty safe

 

[mohitkamboj007]

Bro, I got 186k in balance.. so you are pretty safe

How do you plan to redeem bro. I am redeeming blinkit vouchers for now but need a better option.

 

[pgarg24]

How do you plan to redeem bro. I am redeeming blinkit vouchers for now but need a better option.

Will wait for apay gv or shopping voucher.. or redeem using flight.. I was hoping they would bring new stock with new quarter.. but it didn't happen🙁

 

[HumorSimpson]

Will wait for apay gv or shopping voucher.. or redeem using flight.. I was hoping they would bring new stock with new quarter.. but it didn't happen🙁

May be the delay is due to the recent breaches in inter miles. Let's hope they will be back by next month atleast

 

[pgarg24]

May be the delay is due to the recent breaches in inter miles. Let's hope they will be back by next month atleast

Yeah I will wait for another quarter of they bring back avg or asv.. if not then will start to look for alternatives..

 

[VasukiVasuki is verified member.]

May be the delay is due to the recent breaches in inter miles. Let's hope they will be back by next month atleast

I forgot you are in the same boat 😀

 

[VasukiVasuki is verified member.]

Yeah I will wait for another quarter of they bring back avg or asv.. if not then will start to look for alternatives..

Alternative are not so attractive 🤩

 

[mohitkamboj007]

Alternative are not so attractive 🤩

Blinkit working good for me

 

[VasukiVasuki is verified member.]

Blinkit working good for me

If you have expenses on it ofc it's good

 

[harshgupta940]

I redeemed my IDFC Power Plus rewards for Amazon Wallet Recharge at 2.36% as I am holding DCB so each GV gets me 7-10% easily ao it was a loss for having me a GV.
Best part was that you get that as a cashback in statement and that pays your one month bill of that amount and passes that amount to next statement (small thing but benefit of 2.36%)

Also if you have any other spend coming up that doesn't provide RP then you can use for that. I am not sure if the txn on which RPs are redeemed is eligible for rewards or not. If they are then you can also use for normal usage.

 

[InfamousInfamous is verified member.]

You can also explore brand vouchers like Myntra, but yeah depends on the needs

 

[VasukiVasuki is verified member.]

I redeemed my IDFC Power Plus rewards for Amazon Wallet Recharge at 2.36% as I am holding DCB so each GV gets me 7-10% easily ao it was a loss for having me a GV.
Best part was that you get that as a cashback in statement and that pays your one month bill of that amount and passes that amount to next statement (small thing but benefit of 2.36%)

Also if you have any other spend coming up that doesn't provide RP then you can use for that. I am not sure if the txn on which RPs are redeemed is eligible for rewards or not. If they are then you can also use for normal usage.

We talking dc points

 

[newmakerhere]

You can also explore brand vouchers like Myntra, but yeah depends on the needs

Recently I redeemed 6k worth of Reward points for myntra voucher. Purchase some inner garments, bonjour socks and formal shoe. So it's best option sometime if we need somethings like this

 

[harshgupta940]

We talking dc points

Sorry I thought all IDFC RPs could be redeemed the same way

 

[theflash]

200k 💀 .

Myntra - Redeem
Finish....

 

[VasukiVasuki is verified member.]

Myntra - Redeem
Finish....

Aur kya kru myntra gv ka

 

[theflash]

Aur kya kru myntra gv ka

S
e
l
L
L

 

[VasukiVasuki is verified member.]

S
e
l
L
L

That's last option
Usse less m
Croma / reliance jyega

 

[exo]

Did you get points for IDFC debit card txns done on SBI Unipay on 26th and 27th Dec?