helloworld
TF Legend
Which one will you consider as net reward rate of the card and why?
Scenario: Spent ₹1000, and got cashback ₹10 + discount ₹10 but that year paid card fee ₹30.
A. Return % = (Cashback + Discount) / (Spent + Fee) ~ 1.94% // Fee paid considered as spent, so no impact of fee
or
B. Return % = (Cashback + Discount - Fee) / Spent ~ -1% // to know the impact of annual fee
:: LTF Only people, ignore this post. And post mainly about inclusion of fee, remaining all are optional.
Scenario: Spent ₹1000, and got cashback ₹10 + discount ₹10 but that year paid card fee ₹30.
A. Return % = (Cashback + Discount) / (Spent + Fee) ~ 1.94% // Fee paid considered as spent, so no impact of fee
or
B. Return % = (Cashback + Discount - Fee) / Spent ~ -1% // to know the impact of annual fee
:: LTF Only people, ignore this post. And post mainly about inclusion of fee, remaining all are optional.
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