Get 10% Assured Cash Back on All Spends on IndusInd Iconia American Express Credit card on Sundays
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SMS
Dear Customer, it’s raining Cashback on Sundays this August! Get 10% Cashback on total spends of INR 4000 or more on all Sundays in August using your IndusInd Bank Iconia American Express Credit Card ending with ****. Max Cashback per cardholder: INR 500. For more details visit, https://www.indusind.com/content/dam/indusind/P...
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Tagging all card brothers who usually have almost all types of cards.
@A2Zdeals, @GoogleCA, @Dealseeker, @rpal, @companion, @disclaimer, @Paisa_de, @nofpd
Suggestions – Shopclues – BOI (5K card at 10% cb – enjoy).
@avgn – I have Indusind card but unfortunately not this variant.
Mee too… Donot have this variant
I would have gone for BOI Cards but I have one LIC bill to pay.
Xtra-Ordinary Sundays American Express(“Amex”) offer (“Program”) is open to Selected Credit Cardholders
of IndusInd Bank Limited (“IndusInd Bank”/”Bank”), who have a valid and open IndusInd Bank Iconia
American Express Credit Card and who have received communication regarding the offer (“Eligible
Cardholders”)
I received the SMS today.
@GoogleCA What about you?
Yes, there are other options too if it was a case where i was desperately waiting to buy one.
Eg: 6% CB in form of reward points through HDFC Diners rewards from Amazon with 75 shipping on 10K card.
2.5% CB in form of RP using SBI Simply Click from Amazon (and using constantly would help me get ever so close to the 2 lac annual threshold for 2K gift card), Multiple trxns using Amex cards (primary + add-on) to get the 1K or 2K BMS voucher benefit and last but not the least, ICICI – spend 15K and get assured 1K voucher of something. Options are many but all r notional benefits… and same is vice-versa… its a notional loss for me even if i dnt buy the BOI cards using SCB offer.
I put myself in Seller/Shopclues shoes and decide things. They want to sell their cards but want to play on our emotions. In case we don’t buy they will earn nothing and we won’t loose a thing(Good Scenario). In case they keep shipping charges to normal value, We buy, Seller and SC earn. So everyone is happy(Best Scenario).
Buying cards on inflated shipping charges is worst scenario for me, For every single month you don’t use your card, you loose 0.5% interest on you money. Now its upto Youfirst and Shopclues to decide, If they want to earn or not.
1 Hmm…Shoes SC/Seller ke pehan liye, Scenario bhi conceive kar liye..but decision fir bhi Buyer side se hi liya…?
Yes, you have a point… but then counter point that why seller is still behaving irrationally like this needs to be explored/investigated for more input?
2 Anyways, there are multiple factors, but being a fan of Economics (in addition to Statistics!!), let me just share following thoughts/perspective!!
How would a seller decide how much shipping fee to charge (leaving covering cost aside)?: Fee Amt=Volume x Price…so that if demand is ‘very elastic’ or sensitive to price changes, an increase in price may reduce volume demanded much more leading to reduced overall fee…
Keep increasing the price beyond which your total revenue starts falling…this is by definition the optimum point. It would possibly depend both on “supply” of product available with seller and “demand” by consumers…
With increased demand during “GC sale”, I would guess he can afford to increase fee a bit…Now whether this optimum is 199 or something else, it is difficult to guess… Plus there could be additional factors or objectives or constraints or policies of seller or site, which could have bearing, but which we are not aware of…?
Assumption: We do not know seller’s business model a=or T&C faced by him during such sale. I am assuming he is not bearing any additional promo cost on this sale, and only bank (and partly shopclues?) is bearing the budget…
As per my understanding 5000 in total to get max cashback
but you can also spend upto 4k, But only on Aug Sundays.
Why this is not FPD till now? Even a major Cashback programme.
@A2Zdeals, @GoogleCA, @DealSeeker, @rpal, @companion, @disclaimer, @Paisa_de,
@nofpd
@Tejaa
I applied for this card and will receive it in few days now.. Am I eligible as I haven’t received any notification of this offer?
How do you expect notification when you are currently not having this card?
Btw i got the iconia Amex card now. How do I know if I am eligible for the offer for September or not???
Cc: @DealSeeker @A2Zdeals@@
CREDITCARDUSERS
Will those offer run for Oct too ??
Enjoy dandiya now
Still time for crackers
I received Iconia Visa when I had applied for Amex…
Not a good start exp with IndusInd
Is this issue more in AMEX wevsion of Iconia ?
It works now..just used it on shopclues
Everyone received cashback.
For all 3 months.
???
??
Cashback bro.
Again Cashback came for new month. @GoogleCA @companion @sifar @dhaval0910
@A2Zdeals
Did it start again?
I haven’t received for any month as of now. I will contact customer care today.
Yes contact customer care you will receive in 5 days.
I got for all 3 months and got another credit entry into my bill with heading “Excess cashback reversed” but it is showing in payments so don’t know how it is reversed.
Did anybody else got this entry?
@typhoon @A2Zdeals
I called customer care today. She told that she is able to see two cashback for my account. Strangely, they are not visible to me.
She raised a complaint against netbanking. Hopefully on 18th, with my month statement, I will be able to see cashback amount.
Same happened with me
I can’t see that credit entry but CC could see
But for me it was just one entry
Everything looks gapatgol
We need Google & CA help
Credit appear credit gone, it looks typo on by indusind
Offer started in August & I haven’t received any cashback till date, just one entry which is yet to appear in unbilled
Any companion having similar experience
nice play with words
I got 4 cashbacks of 500 rs in my statement generated today. Though they rolled back 1000 bucks. So August and September cashback i guess. October will come in due time. Cheers.
For the purpose of this Program, IndusInd Bank Iconia American Express Credit Cardholders need to spend a combined minimum of INR. 4,000 on all Sundays of each month. For instance, August has 4 Sundays (6th, 13th, 20th and 27th), the Cardholder’s total spends on 6th, 13th, 20th & 27th Aug should be INR 4000 or more.
For the purpose of this promotion, “Program Period” means all Sundays in the period starting from 1st
August 2017 to 31st October 2017.
Under this Promotion, Eligible Cardholders using their IndusInd Bank Iconia American Express Credit Card
for Purchase of INR. 4000 or more during the program period will get 10% CashBack on their Sunday Spends.
The maximum CashBack per Cardholder during each month of the Program Period will be restricted to INR
500.
The CashBack will be processed to the Cardholder’s account latest by 45 days succeeding the Calendar
month end. For instance, the CashBack for August will be processed by 15th October and so on.