NeuCoins issue

[Chaitanya-a]

NeuCoins ch*tiyapa:

Bonus NeuCoins Credited and expired same day. How badly they are operating. Can't even trust on them whether they're giving correct Cashback or not.

 

[prc1990]

Just got a response. From this month points for UPI transaction will get credited at the end of the month and 500 capping would be applied.

Khatam, Tata, good bye, gaya

 

[Deleted member 11974]

What about the points we make by card swiping. The neucoin 1.5% where will this reflect and when for swiping card?

No capping
Because banks make mdr on that

 

[harsh1387]

No capping
Because banks make mdr on that

Cool.
My bigger expenses are mostly card swipes and upi is only for small stuff.

 

[sangalaviral]

Then you are not using the right card 🙂

 

[PavanPavan is verified member.]

as per call by rm grivirance team has taken case to look up..as of now I don't see any points for upi for all transactions done in August

 

[Deleted member 11974]

instead of 500 coins capping on a montly basis they should cap it at 500 per merchant qhich would ideally solve their problem

 

[PavanPavan is verified member.]

Waiting for tomorrow's sunrise to see points for all UPI transactions
I had enough fight with HDFC can't go again for these

@Wealth is my birth right! @VISHESH_BANSAL @xywowowvw

 

[ARV]

Waiting for tomorrow's sunrise to see points for all UPI transactions
I had enough fight with HDFC can't go again for these

@Wealth is my birth right! @VISHESH_BANSAL @xywowowvw

I think no one has got the neu coins, both mine and my wifes cards have not got points

 

[PavanPavan is verified member.]

I think no one has got the neu coins, both mine and my wifes cards have not got points

Hope they credit tomorrow

 

[Rocky Bhai]

Hope they credit tomorrow

Today only after the statement is generated, it will be known whether the neu coins have been received or not.

 

[PavanPavan is verified member.]

Today only after the statement is generated, it will be known whether the neu coins have been received or not.

Ha 🙁 i hope they won't do mess

 

[Rocky Bhai]

Ha 🙁 i hope they won't do mess

According to the terms and conditions there is a capping of 500 neu coins for UPI txn so there should not be any problem

 

[maheshspanicker]

Neu Coins for UPI has been totally unclear from the statements and they don't seem to be getting credited properly. So for the time being, I have shifted most of my UPI on card spends to PNB Select, though the reward is less than half there. But at least, you get the points!

 

[bonheur]

I received my coins (technically not coins yet but reward points, as they are still with HDFC) today for UPI almost at the full 1.5% reward rate, so can confirm it’s working. By the way, this seems to be linked to the end of the month and not end of the statement cycle, as I’ve got my cycle changed to the 8th of every month to match my other cards.

 

[John Since]

Can see the Neu coins for all the transactions made using this card almost equal to the calculation.
Can anyone please clarify what is the minimum amount of transaction to be made to receive the neu coins?
How do they round-off when coins earned are in decimals?

 

[bonheur]

Can see the Neu coins for all the transactions made using this card almost equal to the calculation.
Can anyone please clarify what is the minimum amount of transaction to be made to receive the neu coins?
How do they round-off when coins earned are in decimals?

Coins (and any other RP/cashback) are usually never given in decimals by any card, there’s always a rounding applied, usually a floor function. But Tata Neu uses a ceiling function. Given that’s the case, you can do the math for what’s the minimum spend for which you’ll earn a coin for UPI. (Hint: It’s in the low 30s.)

 

[panu24]

I can see neu coins added in my account. Need to check though if I got correct neucoins Or not.

 

[PavanPavan is verified member.]

Pretty simply now all UPI spends * 1.5% no minimum spend required
So for 33,000 transaction we get upto 500

Honestly a very good move

 

[Wealth is my birth right!]

View attachment 28279

Pretty simply now all UPI spends * 1.5% no minimum spend required
So for 33,000 transaction we get upto 500

Honestly a very good move

Got statement
Yes cap they made it
Till last month this card is Kamadhenu🐄

 

[nik007rock]

yup got 500