Only Premium & Super Premium Cards Discussion

[bigbrain]

i got 2k neucoins this month the cap of 500 isnt working yet

The 500 limit is only for upi transactions.
Did you get 2k neu coins for UPI only I.e 1.3 lakhs worth UPI transactions at merchants?

 

[jaimingandhi64]

Guys I have one query
If my Card limit is 2 lakh and if I spend 190000 and repay in the same month then can I do transaction more than 10000 further or not? Or will bank charge for over limit?

 

[Deathsnatcher]

The 500 limit is only for upi transactions.
Did you get 2k neu coins for UPI only I.e 1.3 lakhs worth UPI transactions at merchants?

Yes

 

[Abhishek012]

You get neucoins upto 500/m only. Which translates to transaction of around 33K. And imo neu infinity has more chances of getting blocked than magnus

No restriction on neucoins. Got 10k to 12k Neu coins every month on UPI spend.

500/m capping is not implement yet.

@bigbrain

 

[Deathsnatcher]

No restriction on neucoins. Got 10k to 12k Neu coins every month.

500/m capping is not implement yet

how much payments you doing to get 10k neucoins?

 

[Abhishek012]

how much payments you doing to get 10k neucoins?

7-8 lakhs spend.

 

[Deathsnatcher]

7-8 lakhs spend.

all utility spend? cc bills?

 

[jaimingandhi64]

What is

7-8 lakhs spend.

your Card limit?

 

[bugmenot]

Magnus -> via Snapay/BharatNxt -> Tata Neu Inf

Asking for clarification. Are you paying the actual bill of tata neu infinity using magnus on bharatpay bank transfer via that specific credit card ifsc and card number as account number?

 

[sheru]

Asking for clarification. Are you paying the actual bill of tata neu infinity using magnus on bharatpay bank transfer via that specific credit card ifsc and card number as account number?

Not doing it yet. Got my magnus just yesterday.
But had that thought. So asked.

 

[Abhishek012]

What is

your Card limit?

10 Lakh

 

[Abhishek012]

all utility spend? cc bills?

mostly yes

 

[kkk]

The bank, who else

1.5% back as NeuCoins on UPI spends (including spends on partner Tata Brands) - maximum of 500 NeuCoins per calendar month.​

(https://www.hdfcbank.com/personal/pay/cards/credit-cards/tata-neu-infinity-hdfc-bank-credit-card)

Hmm, I guess my points will be reversed in that case 🙁

 

[kkk]

My Tata Neu Infinity limit is 4.75 lakhs and I received the card in Jan 2023.
Post that I have done more than 17 lakhs.
Result - HDFC investigating team has called me twice to enquire what type of transactions are been done. Each transaction they asked why I have done. Today HDFC executive came for home inspection to see if I stay in the house and whether I am running some sort of business. He even asked to show credit card to prove that I am holding the card. I hope they are satisfied and they don't block the card. So, please be careful with huge transactions on any card.

 

[WandereR]

My Tata Neu Infinity limit is 4.75 lakhs and I received the card in Jan 2023.
Post that I have done more than 17 lakhs.

What is the spend? CC-BP or some other?

 

[kkk]

What is the spend? CC-BP or some other?

I did a lot of transaction --> CC->TradeCred->Bank.

 

[anirbanm]

Actually I think It is HDFC and Tata neu planning .

First Distribute extra Neu Coins.
Tata will get benifit since customer will do shopping to utilitze them.

then HDFC will suddenly recover Equivalent extra Coins as Statement Debit

HDFC and Tata Rocked, Customer Shoked.

I am just guessing. SBI can do this, why not HDFC.

SBI, Axis everyone doing same

 

[technom]

Yes BharTnxt is an app like paytm where u need to create login and add card further create beneficiaries to transfer funds from cc

I understand that BharTnxt does not allow transfer to self or accounts with matching names.
Would it matter if the last name is the same or wife with husband's name as surname.

And are there any other requirements like GST number

 

[Abhishek012]

I understand that BharTnxt does not allow transfer to self or accounts with matching names.
Would it matter if the last name is the same or wife with husband's name as surname.

And are there any other requirements like GST number

You can also use Snapay and transfer to your own bank account.

Snapay charge -1.18% only and bank transfer time T+4 days.

transfer count under Utility category.

@jaimingandhi64

 

[bugmenot]

If cashEquivalent was debited from Statement of Axis Reserve instead of negative ER, then it was an Effective MasterStroke

It would be negative ER. For cash equivalents what value of each ER can be? If they do 1 ER = ₹0.2 then it could be good for card holder.