Reward points for paying the bill before statement generation

[thunderbolt]

I have hdfc millenia card with 75k limit, if I make a purchase of 70k & immediately pay back 48k to maintain 30% utilisation ratio & keep 22k as balance, then will I get reward points for 70k spend or 22k spend ?

 

[TheTrickySid]

I have hdfc millenia card with 75k limit, if I make a purchase of 70k & immediately pay back 48k to maintain 30% utilisation ratio & keep 22k as balance, then will I get reward points for 70k spend or 22k spend ?

Reward points are given on spends and not on amount due, so you will get points for 70k

 

[Extrovert🌃]

I have hdfc millenia card with 75k limit, if I make a purchase of 70k & immediately pay back 48k to maintain 30% utilisation ratio & keep 22k as balance, then will I get reward points for 70k spend or 22k spend ?

If you spend ANYTHING via credit card you will receive the rewards. Irrespective of when and how much you pay back.

Any amount debited from your cc will get rewards

 

[thunderbolt]

Reward points are given on spends and not on amount due, so you will get points for 70k

Thank you

 

[thunderbolt]

If you spend ANYTHING via credit card you will receive the rewards. Irrespective of when and how much you pay back.

Any amount debited from your cc will get rewards

Thanks

 

[Extrovert🌃]

Not completely true
It does depends on when and how much we pay back

I can assure that axis doesn't care. That's personal experience because when i gotta make a large purchase i use my cc full limit , pay it back and use its full again and despite this i got the cashback of entire amount spent using cc irrespective of Repayment