Monthly Reward Rate Comparison

[cardio_guy]

Creating a Thread to compare the reward rates for three main cashback cards that I hold.
Bill Generation Date: 12th of every month.

Card​	Bill amount​	Total cashback​	Reward Rate​
Amazon Pay ICICI​	82540​	1306​	1.58%​
Swiggy HDFC​	31280​	1548​	4.94%​
Tata Neu Infinity HDFC​	25380​	500​	1.97%​

Analysis:

• Made a big offline purchase of Rs 55,000/- using the Amazon Pay ICICI card, under 1% category.
• Started using the Tata Neu Infinity card since Nov 1, and most of my spending are offline swipes and UPI scans.
• Bought 2gm gold coin through Swiggy Instamart for Dhanteras, costing around Rs 16,000/-, under the 10% cashback quota, resulting in Rs 1,500 cashback.
• Overall Amazon purchases (5% ones) were less this time.
• Doubtful about 10% cash back on Tata Neu Infinity. (since they have introduced the tier system)

Will see how this goes next month and then compare.

 

[Exewhyzee]

This might be the most random post I've come across on this forum.

 

[kuchbhi]

maintaining excel/csv file should be preferred right fella?

 

[tachniki]

Creating a Thread to compare the reward rates for three main cashback cards that I hold.
Bill Generation Date: 12th of every month.

Card​	Bill amount​	Total cashback​	Reward Rate​
Amazon Pay ICICI​	82540​	1306​	1.58%​
Swiggy HDFC​	31280​	Yet to come​	Yet to come​
Tata Neu Infinity HDFC​	25380​	500​	1.97%​

Analysis:

• Made a big offline purchase of Rs 55,000/- using the Amazon Pay ICICI card, under 1% category.
• Started using the Tata Neu Infinity card since Nov 1, and most of my spending are offline swipes and UPI scans.
• Bought 2gm gold coin through Swiggy Instamart for Dhanteras, costing around Rs 16,000/-, under the 10% cashback quota, resulting in Rs 1,500 cashback.
• Overall Amazon purchases (5% ones) were less this time.
• Doubtful about 10% cash back on Tata Neu Infinity. (since they have introduced the tier system)

Will see how this goes next month and then compare.

There is no point with this comparison because reward rate is not flat. We choose card for a transaction based on reward rate for that transaction.

 

[cardio_guy]

maintaining excel/csv file should be preferred right fella?

Realized it later. Can't delete the thread now?

 

[kuchbhi]

Realized it later. Can't delete the thread now?

leave this thread as it is no need to worry
but i was saying on a more general note
maintain an excel file
datewise detail of all expenses on the particular card CB on it reward rate on it, benefits, track of how much spending etc etc