Infinia Infinia 3 lacs target spend

[drsel]

I need to spend another 2.30 lakhs using INFINIA within 45 days to get the 14750 joining fee waived off.
Even MCC exclusions are allowed for the target spend, except cash withdrawal, EMI and balance transfer.

Any tips and tricks on how to achieve this target, without paying too much in fees or expenses?
You may direct message me for privacy

 

[thanix]

Just now Smartbuy 5x reward has reduced from 16.5% to 15% .
See the screenshot of Amazon pay on Gyftr
View attachment 76171

I think it is always like that. Add convenience fee also.

 

[drsel]

I think it is always like that. Add convenience fee also.

No no, just 4 hours back it was showing 16.5% return, with the same 3.54% convenience fee

 

[tachniki]

Just now Smartbuy 5x reward has reduced from 16.5% to 15% .
See the screenshot of Amazon pay on Gyftr
View attachment 76171

You get 5 rp per 150 rs. So, 5x gives 25 rp per 150 rs. When rs 1000 divided by 150, you get 6 and no rewards for rest rs 100. Thus 6x 25 rp = 150 rp. When you buy higher denominations or combine different vouchers, such that total amount is divisible by 150, you get closer to 16.67%

 

[Zacobite]

I need to spend another 2.30 lakhs using INFINIA within 45 days to get the 14750 joining fee waived off.
Even MCC exclusions are allowed for the target spend, except cash withdrawal, EMI and balance transfer.

Any tips and tricks on how to achieve this target, without paying too much in fees or expenses?
You may direct message me for privacy

10k amz pay + 10 k Amz shopping +10 k amz fresh + 20k swiggy + 25 k FK.. Buy GVs on Gyftr.. u will get the 5x also...

 

[sourpai]

No no, just 4 hours back it was showing 16.5% return, with the same 3.54% convenience fee

Check for denomination which is multiple of 150. Then you will get full 16.5% return

 

[Sriim]

Just now Smartbuy 5x reward has reduced from 16.5% to 15% .
See the screenshot of Amazon pay on Gyftr
View attachment 76171

Depends on the denomination. It'll still give 16.5% on 10k spend. But you have to subtract the 3.54% processing fee as well.

Comes to around 13.7% on 10k spend

 

[tachniki]

You get 5 rp per 150 rs. So, 5x gives 25 rp per 150 rs. When rs 1000 divided by 150, you get 6 and no rewards for rest rs 100. Thus 6x 25 rp = 150 rp. When you buy higher denominations or combine different vouchers, such that total amount is divisible by 150, you get closer to 16.67%

Btw, when you buy amazon voucher, you also get accelerated rewards points on convenience fees and gst. It may not be much but it is. 😁

 

[ak_1978]

Small correction - infinia (and other HDFC CC) does provide RPs on gold

This is correct. Gold coin investment could be an option for sure

 

[NikTravelEnthusiast]

Plan to buy gadgets, take offline vouchers of
1 lac of Relince digital
50k of croma.
Rpt next month.

No convinience fee. So total 16.5% gain.

Gadgets you can sell to someone needy, or use it for yourself.

 

[drsel]

Check for denomination which is multiple of 150. Then you will get full 16.5% return

Does each item have to be a multiple of 150, like 9000 Amazon pay + 9000 Amazon shopping + 1500 BigBasket
OR
Total for all items should be a multiple of 150?

 

[salisburry44]

Does each item have to be a multiple of 150, like 9000 Amazon pay + 9000 Amazon shopping + 1500 BigBasket
OR
Total for all items should be a multiple of 150?

Total cart value multiple of 150

 

[cesc007]

Does each item have to be a multiple of 150, like 9000 Amazon pay + 9000 Amazon shopping + 1500 BigBasket
OR
Total for all items should be a multiple of 150?

Look for any big purchases, any flights or hotels for near ones or extended family, consider this apart from voucher business you are trying to do, might help.

 

[keyur11]

Does each item have to be a multiple of 150, like 9000 Amazon pay + 9000 Amazon shopping + 1500 BigBasket
OR
Total for all items should be a multiple of 150?

No total cart value should be in multiple of 150 to get best rewards. Ex: 10,000 Rs Gift card 1 + 5,000 Rs Gift card 2 = 15,000 Rs. When you swipe card, it will be 15,000 Rs which will give maximum reward.

 

[drsel]

10k amz pay + 10 k Amz shopping +10 k amz fresh + 20k swiggy + 25 k FK.. Buy GVs on Gyftr.. u will get the 5x also...

Amazon fresh does not exist.
Swiggy denominations only 200 available
Flipkart 5000 denomination not available

 

[sunit123]

Basic rule of credit card is that the spend should be strictly need based....The whole psychology behind issuance of infinia to people with 6/7 lakh p.a. spend is to make them spend 3/4 lakh extra by creating fear of annual fees. It is a TRAP and should be avoided...

Mobile and Credit Cards are dangerous and Indians do not know how to handle them.....Mobile is KILLING Critical Thinking of masses and Credit Cards are Killing financial wisdom

 

[drsel]

Basic rule of credit card is that the spend should be strictly need based....The whole psychology behind issuance of infinia to people with 6/7 lakh p.a. spend is to make them spend 3/4 lakh extra by creating fear of annual fees. It is a TRAP and should be avoided...

Mobile and Credit Cards are dangerous and Indians do not know how to handle them.....Mobile is KILLING Critical Thinking of masses and Credit Cards are Killing financial wisdom

Very interesting, I agree that the spends should be need based.
But how are mobiles killing critical thinking ?

 

[tachniki]

Credit Cards are dangerous and Indians do not know how to handle them

Yes. We Indians caused high credit card debt in US. So, put a poster outside bank (remember from British time?) . Indians will not be issued credit cards.

 

[Ash8]

Btw, when you buy amazon voucher, you also get accelerated rewards points on convenience fees and gst. It may not be much but it is. 😁

No, you do not get that. I haven't got it.

 

[tachniki]

No, you do not get that. I haven't got it.

I got 1700 points on buying 10,000 Amazon shopping voucher. That would happen only is 10,295 is considered for accelerated rewards. Otherwise I would have got 1650 reward points. Please let me know if you want me to show calculation.

 

[Ash8]

I need to spend another 2.30 lakhs using INFINIA within 45 days to get the 14750 joining fee waived off.
Even MCC exclusions are allowed for the target spend, except cash withdrawal, EMI and balance transfer.

Any tips and tricks on how to achieve this target, without paying too much in fees or expenses?
You may direct message me for privacy

Gold and vouchers are already suggested in previous posts.
You can buy vouchers directly from apps as well which do not charge on credit card if accelerated point limit is exhausted and thus you won't be charged anything. This is a corner when you need to push.
Also check if you can pay any utility bill in advance, again for some smaller amount where you are sure those bills will be charged to you.