higher charges for IDFC DC rewards redemption

[HumorSimpson]

That isn't the case for me, have uploaded ss already, Baskin Robin 1k vouchers is there x 5. I could redeem too it just I have 14k point only so it needed cc details. No it could temporary restrictions or something.

BTW is the restriction 20k or 10k points?

 

[SpidySpider]

Devaluation is what I mentioned, maximum points that can be redeemed is 9966 in one transaction, rest to be paid via IDFC CC or netbanking. It was not allowing me to redeem more points today, I need to check when it opens up the redemption again for me!!

Bhaiyya apke pass redeemable points 10k hai kya?. Bcoz the redeemable points are different than total points.

 

[SpidySpider]

BTW is the restriction 20k or 10k points?

Each point is valued at 0.25p, hence if 5x500, then points is 10k, if 5x1000, then points is 20k, if that is what you are asking.

 

[HumorSimpson]

Each point is valued at 0.25p, hence if 5x500, then points is 10k, if 5x1000, then points is 20k, if that is what you are asking.

OK. Thanks. So the limit is 5 voucher.
Currently 1k agv unavailable, but can expect it to show up?

Also was there ever higher denomination agv like 10k?

 

[vaibhav111vaibhav111 is verified member.]

BTW is the restriction 20k or 10k points?

That what I'm saying no restrictions it seem for me atleast I can redeem 20K or even more but gv of higher than 1k isn't there for me to test.

 

[imdjay]

That what I'm saying no restrictions it seem for me atleast I can redeem 20K or even more but gv of higher than 1k isn't there for me to test.

Kindly Delete this thread. It doesn't serve any purpose and raises unnecessary panic.

 

[vaibhav111vaibhav111 is verified member.]

Kindly Delete this thread. It doesn't serve any purpose and raises unnecessary panic.

True have asked op to share ss in the first place. Will dm him to share pic and then would undelete if needed.

 

[card_007]

No one seems to have redeemed more than 9966 points in one transaction and in subsequent transactions in a day, hence my claim stands. I am unable to redeem more points aven after 25 hours so this seems to be a harsh redemption limit! It is not about voucher denominations but about points redemption limit.

 

[CardSeeker]

It's Not Devalued
I Can Redeem Myntra 5000*5 Too But Don't Have Enough Points

 

[ashwinkashwink is verified member.]

I am planning to park my funds for IDFC First Private mainly for CC and DC benefits. Will it be worth or should I consider other alternatives such as Indusind Pioneer, SC Priority Banking or Yes Bank Grandeur?

Go with Indusind

 

[CCgeeks]

10-15 k toh direct fyda hai bro
Idfc private me

How? Please share I am Wealth holder

 

[HumorSimpson]

It's Not Devalued
I Can Redeem Myntra 5000*5 Too But Don't Have Enough Points

So total of 5 vouchers, even if we mix like 2 agvs 3 myntra ?

 

[card_007]

It's Not Devalued
I Can Redeem Myntra 5000*5 Too But Don't Have Enough Points

First redeem and then tell.

It's Not Devalued
I Can Redeem Myntra 5000*5 Too But Don't Have Enough Points

You can buy these vouchers but you will have to pay for them. Points redemption limits have been placed!

 

[HumorSimpson]

No one seems to have redeemed more than 9966 points in one transaction and in subsequent transactions in a day, hence my claim stands. I am unable to redeem more points aven after 25 hours so this seems to be a harsh redemption limit! It is not about voucher denominations but about points redemption limit.

Its really bad right then . ... approx 120 rs charges for every 2500 rs redemption ?

 

[maverickgenius]

No one seems to have redeemed more than 9966 points in one transaction and in subsequent transactions in a day, hence my claim stands. I am unable to redeem more points aven after 25 hours so this seems to be a harsh redemption limit! It is not about voucher denominations but about points redemption limit.

IDFC points can be redeemed only 14 days after crediting. This is apart from the 14 days time period for crediting points. The First Rewards portal shows two things "Available Balance" and "Redeemable Balance".

My available balance is 20k and Redeemable Balance is 16k. I am very well able to redeem 10k points for Rs 500 * 5 Amazon vouchers.

@vaibhav111 please mark this as solution to avoid confusion. Or delete this thread to avoid unnecessary panic.

 

[theflash]

Its really bad right then . ... approx 120 rs charges for every 2500 rs redemption ?

Btw has anyone been charged with ₹99+GST?

I have done multiple redemptions no charges faced till now. August '23 to May'24 I was having select and currently holding Wealth.

Redemption as follows

Sep 25, 2023, 1:09:40 PM - ₹1000
Jun 21, 2024, 12:35:22 PM - ₹5000
Jun 28, 2024, 4:37:21 PM - ₹5000
Jul 5, 2024, 10:07:45 PM - ₹5000
Sep 5, 2024, 4:40:29 PM - ₹5000

 

[imdjay]

True have asked op to share ss in the first place. Will dm him to share pic and then would undelete if needed.

Now, Please delete this thread. OP should accumulate more points, and wait 14 days before redemption.

 

[card_007]

Thanks for clarifying the 14 day rule. However, the limit of Rs 500 *5 vouchers for the most useful brands (Amazon Pay, Amazon Shopping and Flipkart stays). If you spend Rs 118 for redemption of 2,500 worth of vouchers, this is a tax of almost 4.72% now! Not to mention the inconvenience of having to redeem and add Rs 500 vouchers.

 

[HumorSimpson]

Now, Please delete this thread. OP should accumulate more points, and wait 14 days before redemption.

View attachment 69121

this is for which voucher

 

[vaibhav111vaibhav111 is verified member.]

Thanks for clarifying the 14 day rule. However, the limit of Rs 500 *5 vouchers for the most useful brands (Amazon Pay, Amazon Shopping and Flipkart stays). If you spend Rs 118 for redemption of 2,500 worth of vouchers, this is a tax of almost 4.72% now! Not to mention the inconvenience of having to redeem and add Rs 500 vouchers.

OP.. problem solved? Right bro? I can instead change title and add solved instead of deleting the thread.