Is DCB any good

[arko]

Is DCB any good, I hold it but don't use it much.
My card portfolio
axis ace
axis flipkart LTF
axis bank select LTF (burgundy customer)
icici amazon pay LTF
icici platinum LTF
BOB select
onecard LTF
indusind iconia LTF
amex mrcc
sbi cashback
sbi simplyclick
yes bank exclusive LTF
standard shartered platinum
rbl bank shoprite LTF
hsbc platinum LTF
idfc select LTF
hdfc neu infinity LTF
hdfc dcb LTF
citibank iol
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I use mainly axis ace to pay bills on gpay
I use sbi cashback for all online spends.(my family medicine spends are upwards of 50k per month)
I use other cards for 10% off etc offers
Can I gain any advantage by using dcb to get more discount online ie smartbuy,payzapp.will it beat 5% cb of sbi cb card

 

[gurubhai]

Yes DCB is much much better than the ones u use only if you travel through flight.
You can buy Amazon Pay vouchers from Gyftr Smartbuy and get around 8.5% RPs and pay all you bills from Amazon pay. (I hope Axis ace dont give 8.5% )
For all your online spends, you can buy Flipkart, Amazon Shopping voucher, Nyka, Myntra, Swiggy money, Bigbasket vouchers etc at 10% RPs from Gyftr.
Only difference is that you get cashback from those cards and here you get better RPs which u need to redeem via flight.
.
Though cashback is less of a headache than RPs .. so you decide what suits you..

 

[arko]

Yes DCB is much much better than the ones u use only if you travel through flight.
You can buy Amazon Pay vouchers from Gyftr Smartbuy and get around 8.5% RPs and pay all you bills from Amazon pay. (I hope Axis ace dont give 8.5% )
For all your online spends, you can buy Flipkart, Amazon Shopping voucher, Nyka, Myntra, Swiggy money, Bigbasket vouchers etc at 10% RPs from Gyftr.
Only difference is that you get cashback from those cards and here you get better RPs which u need to redeem via flight.
.
Though cashback is less of a headache than RPs .. so you decide what suits you..

I dont travel much and I also do not have any upcoming travel plans.What is the conversion ratio of dcb points into amazon voucher? considering the conversion will it fetch me 5% reward rate I am trying to find out best reward rate as cash equivalent or amazon pay vouchers.

 

[gurubhai]

I dont travel much and I also do not have any upcoming travel plans.What is the conversion ratio of dcb points into amazon voucher? considering the conversion will it fetch me 5% reward rate I am trying to find out best reward rate as cash equivalent or amazon pay vouchers.

On site they say 1 RP = 50 paise voucher iirc but when I tried redeeming I find it was 0.35 paise for Amazon , FK vouchers for points. But some other company vouchers were available at 50 paise redemption as well.
Need to check again though.
You can go to Netbanking -> Credit card -> Redeem points and check yourself from new window that opens and search the catalogue.
.
Even if you travel 4-5 times a year via flight, it is still fine to use DCB imo.
Other wise I suggest just do whatever you are currently doing. No headaches.

 

[saucy]

On site they say 1 RP = 50 paise voucher iirc but when I tried redeeming I find it was 0.35 paise for Amazon , FK vouchers for points. But some other company vouchers were available at 50 paise redemption as well.
Need to check again though.
You can go to Netbanking -> Credit card -> Redeem points and check yourself from new window that opens and search the catalogue.
.
Even if you travel 4-5 times a year via flight, it is still fine to use DCB imo.
Other wise I suggest just do whatever you are currently doing. No headaches.

DCB points are worth 1 rupee each right?
How else would it get a 3.3% cashback on regular spends?

 

[gurubhai]

DCB points are worth 1 rupee each right?
How else would it get a 3.3% cashback on regular spends?

worth 1 rupee only when redeem for flight/hotel.
Otherwise its 50p for vouchers and around 25-30p if redeem in cash.
He specifically asked for Amazon voucher..thats why I told.

 

[saucy]

worth 1 rupee only when redeem for flight/hotel.
Otherwise its 50p for vouchers and around 25-30p if redeem in cash.
He specifically asked for Amazon voucher..thats why I told.

Yep thanks for clarification