Hey all, wondering how you'll calculate the returns on buying vouchers on SmartBuy?
For vouchers that don't have any additional fee it's standard 15.5-16.6% depending on the value. (eg - swiggy / zomato)
Every 1500 gives 250 points. ( 1500 / 150 x 5 x 5)
What about vouchers where there is an additional charge of 2-3%? ( eg asv, apay)
Every 1500 gets charged 44.25 (2.5% + 18% gst)
Essential we are paying 1544.25 for 1500 and getting 250 points in return.
What methods do you'll use to determine the % return on the above vouchers?
Looking forward to getting to know!
For vouchers that don't have any additional fee it's standard 15.5-16.6% depending on the value. (eg - swiggy / zomato)
Every 1500 gives 250 points. ( 1500 / 150 x 5 x 5)
What about vouchers where there is an additional charge of 2-3%? ( eg asv, apay)
Every 1500 gets charged 44.25 (2.5% + 18% gst)
Essential we are paying 1544.25 for 1500 and getting 250 points in return.
What methods do you'll use to determine the % return on the above vouchers?
Looking forward to getting to know!
