Tata Neu Infinity would be a great choice only if you shop from Tata brands often, since the rewards are in the form of NeuCoins. Since I shop from BigBasket very often, I found the card to be extremely useful.
Some points I want to highlight as per my previous experience:
- You usually get upto 25-30% off (incl. cashback) every month on groceries on BigBasket above ₹2000. Most of the times, after applying offers, I found the prices even cheaper than the Military Canteen Stores Departments (CSD). They also have a huge collection of grocery items and good customer support.
- You get flat 5% cashback (NeuCoins) for gift card purchases. And now they even offer Amazon Gift Cards as well. For Myntra, you get additional 1% NeuCoins back in NeuPass.
- In April, I bought a 1.5 ton 3 star Daikin Inverter AC from Croma through the Tata Neu app and paid with my Tata Neu Infinity credit card. After adjusting NeuCoins, NeuPass cashback, and instant discount, it costed me around ₹30,000. The original price was ₹37K. For ACs, you generally don't get more than ₹3.5K off. I got a whopping ₹7000 off!
- You can even redeem them for medicine purchases and health checkups on Tata 1mg, whose collection is also great. But their discounts are a bit less. However, the NeuCard has got you covered though.
- The only downside of Tata Neu is, you can't redeem NeuCoins for bill payments.
Get the Tata Neu Infinity card if you're eligible. If you're eligible for the Tata Neu Plus card instead, don't go for it. There are much better alternatives out there.
They credit them in the form of NeuCoins. Not to statement.
