Query regarding maximum utilisation of indusind partner signature debit card

[Batmanbaba]

I just received indusind partner visa signature card and this card gives follwing rewards points

Your Monthly Spends

Points per Rs. 200/-

Upto Rs. 5,000/-

2

Between Rs. 5,001/- to Rs.10,000/-

3

Between Rs. 10,001/- to Rs.20,000/-

4

Between Rs. 20,001/- to Rs.40,000/-

5

A bove Rs. 40,001/-

6



Also there is monthly capping of 3000 points to be earned... What is the total optimum amount spend on which we can earn the entire 3000 points per month... Also does it gives points in add money in kotak 811 account... Add money in paytm wallet via 3rd part apps like zomato... Or cc bill payments in paytm, mobikwik or any other website..??


Also can we hold multiple debit cards for single person in this partner account and if yes then how many. Can we keep the mastercard variant too and which mastercard can we get in partner account.???

 

[TheTrickySid]

I just received indusind partner visa signature card and this card gives follwing rewards points

Your Monthly Spends

Points per Rs. 200/-

Upto Rs. 5,000/-

2

Between Rs. 5,001/- to Rs.10,000/-

3

Between Rs. 10,001/- to Rs.20,000/-

4

Between Rs. 20,001/- to Rs.40,000/-

5

A bove Rs. 40,001/-

6



Also there is monthly capping of 3000 points to be earned... What is the total optimum amount spend on which we can earn the entire 3000 points per month... Also does it gives points in add money in kotak 811 account... Add money in paytm wallet via 3rd part apps like zomato... Or cc bill payments in paytm, mobikwik or any other website..??


Also can we hold multiple debit cards for single person in this partner account and if yes then how many. Can we keep the mastercard variant too and which mastercard can we get in partner account.???

Partner account doesn't have any MasterCard dc.

Also the redemption options are not great, if you have found some good deal let us know too.

 

[Batmanbaba]

Partner account doesn't have any MasterCard dc.

Also the redemption options are not great, if you have found some good deal let us know too.

I think u can utlize it on twid pay..... Any website that supports pay with rewards like vi app, jiomart... Snapay

 

[TheTrickySid]

I think u can utlize it on twid pay..... Any website that supports pay with rewards like vi app, jiomart... Snapay

What's the reward conversation ratio??

 

[Batmanbaba]

What's the reward conversation ratio??

I have to check that... But indusind points are valid there for usage

Use TWID for redeeming Rewards of Indusind Cards

Hi Folks, Today i discovered that we can use TWID to redeem Reward Points accumulated on Indusind CC according to the respective reward value. one can utilize 50% of the reward points while making purchases using twid. Snapay ----> for Paying Rent etc.. Hope Using TWID wont attract any...

www.technofino.in

For more details

 

[Wealth is my birth right!]

What's the reward conversation ratio??

1:1 for legend pinnacle and visa sign cards

 

[Wealth is my birth right!]

I have to check that... But indusind points are valid there for usage

Use TWID for redeeming Rewards of Indusind Cards

Hi Folks, Today i discovered that we can use TWID to redeem Reward Points accumulated on Indusind CC according to the respective reward value. one can utilize 50% of the reward points while making purchases using twid. Snapay ----> for Paying Rent etc.. Hope Using TWID wont attract any...

www.technofino.in

For more details

Good thing IndusInd credit card points never expire like amex
But dc points have timelines

 

[TheMentalist]

Partner account doesn't have any MasterCard dc.

Also the redemption options are not great, if you have found some good deal let us know too.

I think u can utlize it on twid pay..... Any website that supports pay with rewards like vi app, jiomart... Snapay

You can directly redeem RP for cashback in SB acc thru netbanking

I just received indusind partner visa signature card and this card gives follwing rewards points

Your Monthly Spends

Points per Rs. 200/-

Upto Rs. 5,000/-

2

Between Rs. 5,001/- to Rs.10,000/-

3

Between Rs. 10,001/- to Rs.20,000/-

4

Between Rs. 20,001/- to Rs.40,000/-

5

A bove Rs. 40,001/-

6



Also there is monthly capping of 3000 points to be earned... What is the total optimum amount spend on which we can earn the entire 3000 points per month... Also does it gives points in add money in kotak 811 account... Add money in paytm wallet via 3rd part apps like zomato... Or cc bill payments in paytm, mobikwik or any other website..??


Also can we hold multiple debit cards for single person in this partner account and if yes then how many. Can we keep the mastercard variant too and which mastercard can we get in partner account.???

There aren't much restrictions on earning RP with IndusInd DCs. It's giving RP for CC bill payments on Mobikwik atleast. Others you can easily verify by doing small tnx as RP credit within 4-5 days max.

 

[BlueFlash]

Basic math -> Spend 1,12,500 to exhaust the complete the 3000 points cap.

 

[theranos]

Basic math -> Spend 1,12,500 to exhaust the complete the 3000 points cap.

it could be in multiple transactions in a month right

 

[Wealth is my birth right!]

it could be in multiple transactions in a month right

Above 40001 only you’ll get 6 points per 200 add this fact too

 

[Batmanbaba]

Above 40001 only you’ll get 6 points per 200 add this fact too

If i use 40000 three times.... That will be a total spend of 1,20,000....so it means.... I will get 6x for 80000( 1,20,000- 40000) spends... Right...???

 

[Wealth is my birth right!]

No as per the below grid if u spend/swipe u won’t get 6x for 40k it should be minimum 40001 I miss once then I lost interest over it and moved to hdfc platinum which is straight away opaque:

Your Monthly Spends	Points per Rs. 200/-
Upto Rs. 5,000/-	2
Between Rs. 5,001/- to Rs.10,000/-	3
Between Rs. 10,001/- to Rs.20,000/-	4
Between Rs. 20,001/- to Rs.40,000/-	5

If i use 40000 three times.... That will be a total spend of 1,20,000....so it means.... I will get 6x for 80000( 1,20,000- 40000) spends... Right...???

 

[Batmanbaba]

No as per the below grid if u spend/swipe u won’t get 6x for 40k it should be minimum 40001 I miss once then I lost interest over it and moved to hdfc platinum which is straight away opaque:

Your Monthly Spends	Points per Rs. 200/-
Upto Rs. 5,000/-	2
Between Rs. 5,001/- to Rs.10,000/-	3
Between Rs. 10,001/- to Rs.20,000/-	4
Between Rs. 20,001/- to Rs.40,000/-	5

Ok so If I spend 41000 once.... Will I get 5x on entire 41000..+??

 

[Wealth is my birth right!]

Ok so If I spend 41000 once.... Will I get 5x on entire 41000..+??

41k spend on card will give u 6x ji I mean 1230 reward points

 

[TheMentalist]

Ok so If I spend 41000 once.... Will I get 5x on entire 41000..+??

41k spend on card will give u 6x ji I mean 1230 reward points

I don't think it's like that, RP would still be calculated cumulatively
2x on 1st 5k, 3x on next 5k, 4x on next 10k, 5x on next 20k and 6x on next 1k

 

[Wealth is my birth right!]

I don't think it's like that, RP would still be calculated cumulatively
2x on 1st 5k, 3x on next 5k, 4x on next 10k, 5x on next 20k and 6x on next 1k

If we split and do spend its like that else amount wise slab applies for points

 

[ashwinkashwink is verified member.]

I don't think it's like that, RP would still be calculated cumulatively
2x on 1st 5k, 3x on next 5k, 4x on next 10k, 5x on next 20k and 6x on next 1k

Yeah reward points are calculated by slab wise..

 

[G M]

I think the max is 5000 points per month. I did check with the bank few days back.