Its around 5% for its partner merchants and yes one more thing that it even gives you bonus reward points as promotional scheme something around year end..atached the link
With HDFC Bank's Rewards Debit Card earn up to 2000 rewards points every month on your spends. Also get 5% savings on your everyday spends on partner merchants.
Yaa this card is different and yes in all these exclusions space somewhere we are getting rewards in these card then lets take before it also gets excluded
Its around 5% for its partner merchants and yes one more thing that it even gives you bonus reward points as promotional scheme something around year end..atached the link
With HDFC Bank's Rewards Debit Card earn up to 2000 rewards points every month on your spends. Also get 5% savings on your everyday spends on partner merchants.
What I have understood is that they have considered Payzapp for 5% category for all transactions done on Payzapp except wallet loading. That's why Credit Card Bill Payment is also considered.
The concern is that what is the capping, it says 2000 RP/month if its 1:1 then for 40k Bill Payment you earn 2k which is amazing but it is sounding too good to be true honestly. There must be some catch or I have mis interpreted something.
Yaa this card is different and yes in all these exclusions space somewhere we are getting rewards in these card then lets take before it also gets excluded
can anyone help me to add this useful post about rewards debit card in main thread of cc bill payments cashback thread so many people will get to know about this and our TF community will able to take benefit from it..anyone could help to take thread there?
What I have understood is that they have considered Payzapp for 5% category for all transactions done on Payzapp except wallet loading. That's why Credit Card Bill Payment is also considered.
The concern is that what is the capping, it says 2000 RP/month if its 1:1 then for 40k Bill Payment you earn 2k which is amazing but it is sounding too good to be true honestly. There must be some catch or I have mis interpreted something.
As far as my memory goes, it was 4:1 (or 5:1) used to be the case earlier. That was displayed in the net-banking redemption page.
That is not longer mentioned now.
It is clearly mentioned 5% in the webpage.
I also checked in net banking redemption page it was not clear there. Per month cap also not there.
Only mentioned that we can redeem in every 250 points. (1 point = 1 Rupees).