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StanC Manhattan Platinum - 5X reward points means what?

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TF Buzz
I got SMS saying earn 5X reward points upto 5000 points on spending INR 16000. What does this mean? If I wish to earn 5000, how much to I need to spend - exact 16000?

And also wanted to ask 1 reward point = how much INR while redeeming for Manhattan Platinum CC ?
 
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