Pinnacle - Gift card purchase

[D7162]

Can we get 2.5 points if we purchase giftcard using Pinnacle ?

 

[4uziaul]

Can we get 2.5 points if we purchase giftcard using Pinnacle ?

I don't see any exclusion mentioned, so you should be eligible for the 2.5 RPs.

 

[D7162]

I don't see any exclusion mentioned, so you should be eligible for the 2.5 RPs.

One more quick question - does telecom MCC comes under utility ?

 

[4uziaul]

One more quick question - does telecom MCC comes under utility ?

No, it doesn't. However, in general, this card is not very rewarding for anything. 🤣 There are better cards available in the market.

 

[SN.M]

I don't see any exclusion mentioned, so you should be eligible for the 2.5 RPs.

yes, am currently using it. so I can say that, it gives 2.5 reward points. issue is with bonus reward points while purchasing a amazon voucher. assume it says 2x rewards. that means for every 100 spent , we should be getting 2x2.5 that is 5 for 100. but while purchasing the gift card it says 2x2 reward points instead if 2x2.5. we are kind of loosing 0.5 bonus rewards.

for example in the attached snipshot , for 8250 rs voucher it says 2x rewards. that means 82.5 * 100 = 82.5 * 2.5 * 2 = 412.5 reward points I should be getting. ( ie, 206.25 now and 206.25 bonus points after 60 days as per Indusind gyftr policy) but as you can see in the screenshot. am not getting bonus reward points of 2.5 , instead only 2 * 82.5 = 165 . that means 206.25 + 165 = 371.25 , instead of 412.5. difference of 41.25 reward points.

I tried calling the customer service. I should say it is the worst experience. no one knows , no one will acknowledge .

 

[D7162]

yes, am currently using it. so I can say that, it gives 2.5 reward points. issue is with bonus reward points while purchasing a amazon voucher. assume it says 2x rewards. that means for every 100 spent , we should be getting 2x2.5 that is 5 for 100. but while purchasing the gift card it says 2x2 reward points instead if 2x2.5. we are kind of loosing 0.5 bonus rewards.

for example in the attached snipshot , for 8250 rs voucher it says 2x rewards. that means 82.5 * 100 = 82.5 * 2.5 * 2 = 412.5 reward points I should be getting. ( ie, 206.25 now and 206.25 bonus points after 60 days as per Indusind gyftr policy) but as you can see in the screenshot. am not getting bonus reward points of 2.5 , instead only 2 * 82.5 = 165 . that means 206.25 + 165 = 371.25 , instead of 412.5. difference of 41.25 reward points.

I tried calling the customer service. I should say it is the worst experience. no one knows , no one will acknowledge .

Exactly same thing I asked to Indusind but they have no clue at all (sometimes I wonder even if they know they have such GV purchase portal Exists)

Have you tried purchasing ? If yes, after how many days bonus points are credited ?

 

[4uziaul]

yes, am currently using it. so I can say that, it gives 2.5 reward points. issue is with bonus reward points while purchasing a amazon voucher. assume it says 2x rewards. that means for every 100 spent , we should be getting 2x2.5 that is 5 for 100. but while purchasing the gift card it says 2x2 reward points instead if 2x2.5. we are kind of loosing 0.5 bonus rewards.

for example in the attached snipshot , for 8250 rs voucher it says 2x rewards. that means 82.5 * 100 = 82.5 * 2.5 * 2 = 412.5 reward points I should be getting. ( ie, 206.25 now and 206.25 bonus points after 60 days as per Indusind gyftr policy) but as you can see in the screenshot. am not getting bonus reward points of 2.5 , instead only 2 * 82.5 = 165 . that means 206.25 + 165 = 371.25 , instead of 412.5. difference of 41.25 reward points.

I tried calling the customer service. I should say it is the worst experience. no one knows , no one will acknowledge .

This is the first time I came across someone on TF who is using Indus Moments to buy Amazon GV 🤭

 

[SN.M]

This is the first time I came across someone on TF who is using Indus Moments to buy Amazon GV 🤭

I like the cash redemption value actually. 0.75 rs.
so mostly I will be doing all my payments via amazon pay. so for every 20000 spent. 200 x 100 ( based on 2x rewards) = 200 x 5 = 1000 x 0.75 cash redemption = 750 rs. so am kind of saving 750 for every 20k spent. we have 1:1 value for air miles but I don't use it much.


Am New to this game . request you to kindly suggest me if there are more credit cards , which offer more cash points.

previously I used millinia but it has a cap value of 1000 rs cash back. also they charge fee for vouchers on smart buy.
as of now am not eligible for dcb / infinia. I calculated n number of times, when it comes to cash redemption and value. pinnacle give at least 10 paise more value than regalia. given regalia has annual fee and this doesn't.

I took this card for Priority pass and Indusind exclusive savings account.

also I spoke to branch manager he says that he is not aware of Indusind exclusive savings account. could someone please suggest what should be done , in this case.

am thinking to apply for amex. could someone please suggest , if I should go for mccc or platinum travel. I don't need vouchers for mile stones , only interested in reward points.


Thanks in advance

 

[SN.M]

Exactly same thing I asked to Indusind but they have no clue at all (sometimes I wonder even if they know they have such GV purchase portal Exists)

Have you tried purchasing ? If yes, after how many days bonus points are credited ?

I tried purchasing 20k worth of vouchers.
bonus points are not credit yet.
believe it takes around 60 days. will update you after the generation of the next statement.

 

[4uziaul]

I like the cash redemption value actually. 0.75 rs.
so mostly I will be doing all my payments via amazon pay. so for every 20000 spent. 200 x 100 ( based on 2x rewards) = 200 x 5 = 1000 x 0.75 cash redemption = 750 rs. so am kind of saving 750 for every 20k spent. we have 1:1 value for air miles but I don't use it much.


Am New to this game . request you to kindly suggest me if there are more credit cards , which offer more cash points.

previously I used millinia but it has a cap value of 1000 rs cash back. also they charge fee for vouchers on smart buy.
as of now am not eligible for dcb / infinia. I calculated n number of times, when it comes to cash redemption and value. pinnacle give at least 10 paise more value than regalia. given regalia has annual fee and this doesn't.

I took this card for Priority pass and Indusind exclusive savings account.

also I spoke to branch manager he says that he is not aware of Indusind exclusive savings account. could someone please suggest what should be done , in this case.

Refer your Branch Manager to this link: 😁

Indus Exclusive Savings Account Online - IndusInd Bank

Indus Exclusive Savings Account is a premium banking programme with top-of-the-line benefits and offers. Priority banking, free locker & Demat, airport lounge access, and more benefits.

www.indusind.com

am thinking to apply for amex. could someone please suggest , if I should go for mccc or platinum travel. I don't need vouchers for mile stones , only interested in reward points.


Thanks in advance

You should go for MRCC for now. Check this link:

American Express MRCC Card Benefits and Optimal Usage

You're wondering if an Amex card is even worth it? Or thinking of getting a new credit card that offers you free hotel stays? Amex is often disregarded as the luxury card or one with the expensive yearly fees but your opinions are about to change. Everyone's dream card is the Black Card, also...

www.technofino.in

 

[helloworld]

I like the cash redemption value actually. 0.75 rs.
so mostly I will be doing all my payments via amazon pay. so for every 20000 spent. 200 x 100 ( based on 2x rewards) = 200 x 5 = 1000 x 0.75 cash redemption = 750 rs. so am kind of saving 750 for every 20k spent. we have 1:1 value for air miles but I don't use it much.


Am New to this game . request you to kindly suggest me if there are more credit cards , which offer more cash points.

previously I used millinia but it has a cap value of 1000 rs cash back. also they charge fee for vouchers on smart buy.
as of now am not eligible for dcb / infinia. I calculated n number of times, when it comes to cash redemption and value. pinnacle give at least 10 paise more value than regalia. given regalia has annual fee and this doesn't.

Millennia:

20K with Amzn (may discontinue anytime or MCC will change) directly to get 1000 limit (=5%)
20K with smartbuy (1%+5%-3%=3%)

40k spends ideally you'll get 4%

and if you cross 1L in a quarter, you'll get extra 1% as Bonus (=5%).

Alt: Cashback etc. check forum based on your eligibillty

I took this card for Priority pass and Indusind exclusive savings account.

That is the only purpose.

also I spoke to branch manager he says that he is not aware of Indusind exclusive savings account. could someone please suggest what should be done , in this case.

Simply open account with 2L cheque and link your credit card to the same bank account. For peace of mind, drop a mail about MAB, thats it.

NOte: Mail may never got respond, deal with it.

am thinking to apply for amex. could someone please suggest , if I should go for mccc or platinum travel. I don't need vouchers for mile stones , only interested in reward points.


Thanks in advance

Either based on monthly spends 20k then mrcc, or yearly 4L then plat. Travl

One more quick question - does telecom MCC comes under utility ?

depends on mcc, if its utillity then 1RP

 

[beast_boy]

yes, am currently using it. so I can say that, it gives 2.5 reward points. issue is with bonus reward points while purchasing a amazon voucher. assume it says 2x rewards. that means for every 100 spent , we should be getting 2x2.5 that is 5 for 100. but while purchasing the gift card it says 2x2 reward points instead if 2x2.5. we are kind of loosing 0.5 bonus rewards.

for example in the attached snipshot , for 8250 rs voucher it says 2x rewards. that means 82.5 * 100 = 82.5 * 2.5 * 2 = 412.5 reward points I should be getting. ( ie, 206.25 now and 206.25 bonus points after 60 days as per Indusind gyftr policy) but as you can see in the screenshot. am not getting bonus reward points of 2.5 , instead only 2 * 82.5 = 165 . that means 206.25 + 165 = 371.25 , instead of 412.5. difference of 41.25 reward points.

I tried calling the customer service. I should say it is the worst experience. no one knows , no one will acknowledge .

Hey bro, have you monitored the RP credited by Indusind on purchasing Apay GV from IndusMoments website you have mentioned ?
Are you getting a cash credit of Rs.3 for every Rs.100 spend keeping in mind the 2x points mentioned for Apay GV purchase ?

 

[helloworld]

Hey bro, have you monitored the RP credited by Indusind on purchasing Apay GV from IndusMoments website you have mentioned ?
Are you getting a cash credit of Rs.3 for every Rs.100 spend keeping in mind the 2x points mentioned for Apay GV purchase ?

Pinnacle cash credit. 0.7p for 100 for 1x.

 

[beast_boy]

Pinnacle cash credit. 0.7p for 100 for 1x.

Yes that's correct, @SN.M bro mentioned to get 5 RP per 100 Spent so 0.70 * 5 = 3.5 and with loss of 0.5 as mentioned it comes to 3

 

[beast_boy]

Millennia:

20K with Amzn (may discontinue anytime or MCC will change) directly to get 1000 limit (=5%)
20K with smartbuy (1%+5%-3%=3%)

40k spends ideally you'll get 4%

and if you cross 1L in a quarter, you'll get extra 1% as Bonus (=5%).

Alt: Cashback etc. check forum based on your eligibillty



That is the only purpose.



Simply open account with 2L cheque and link your credit card to the same bank account. For peace of mind, drop a mail about MAB, thats it.

NOte: Mail may never got respond, deal with it.



Either based on monthly spends 20k then mrcc, or yearly 4L then plat. Travl



depends on mcc, if its utillity then 1RP

Is the RP calculation you mentioned for Millenia, still working bro?

 

[helloworld]

Is the RP calculation you mentioned for Millenia, still working bro?

yes, it won't change. its already lowest for that card, any devaluation must be from website mcc only, not from card.

 

[sare cb cc dedo]

I tried purchasing 20k worth of vouchers.
bonus points are not credit yet.
believe it takes around 60 days. will update you after the generation of the next statement.

Have you received the points? What was the amount credited in total?

 

[Ra.One]

I tried purchasing 20k worth of vouchers.
bonus points are not credit yet.
believe it takes around 60 days. will update you after the generation of the next statement.

have the bonus points been credited?