Well, he is already buying the gold.
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Infinia Infinia + Tanishq Redemption
- Thread starter CivSim
- Start date
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- Tags
- infinia redemption
It’s not. A lot of people miscalculate. Infinia points are worth 1₹ per point.
You derive 100% value from points. Each point is worth ₹1.
That’s right. For 10k Rs transaction you can redeem 7000 points which is worth 7000 Rs. its 1:1.
Buy Apple products from Amazon/FC/Vijay Sales etc. for better discounts.
Buy the gold dolars (like kasu mala and coin)
It's a less making charges is very less
Yes 1:1 for infinia
For dcb 1:0.5?
Tanishq voucher redemption option is specific for Infinia. Not available for DCB
Yes, the bank intends to take super premium plastic variants out of circulation in due course
Avatar Aang
TF Premier
Is there any way we can use the Infinia Tanishq vouchers to buy Gold coin??
No, only jewellery
magnusfan
TF Premier
I made a transaction today, and based on my calculations, 1 RP is equivalent to 0.8 for Tanishq (assuming an immediate conversion to cash, which may be offset by gold appreciation in case of selling after extended period).
I brought in 1.29 L jewellery with ~9.5% making chargers (90k RP + 39k cash). The Tanishq representative informed me that selling it for cash today would yield 1.11 L. This means I lost 18k in the 90k points, resulting in a realization of only 0.8 (of course, GST, and the charges incurred would have been unavoidable if I had purchased the jewellery to keep my wife happy, so I can’t really complain)!
I brought in 1.29 L jewellery with ~9.5% making chargers (90k RP + 39k cash). The Tanishq representative informed me that selling it for cash today would yield 1.11 L. This means I lost 18k in the 90k points, resulting in a realization of only 0.8 (of course, GST, and the charges incurred would have been unavoidable if I had purchased the jewellery to keep my wife happy, so I can’t really complain)!
1.2L Voucher purchased across two quarters?
As there's redemption limit of 50k/quarter?
magnusfan
TF Premier
Ya, the limit is 50k rewards redemption every quarter..so, I did 90k redemption in Dec and Jan
So used a total of 13 Vouchers?
I'm planning to club 3 quarters. That makes it 24 Vouchers. There's no mention of the maximum number of Vouchers that can be used against a single bill in the T&C, so I'm looking for some reassurance. Emailed tanishq support, they said it's based on the T&Cs of the voucher-seller. HDFC & smartbuy are saying it's determined by Tanishq.
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that's not the right comparison to get 80% value. Its influenced by making charges which you will have to pay. You can't reduce the making charges.
Is like comparing the ffp miles with only base fare to calculate returns, you have to pay airport development charge as well, so that should be included in calculation.
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