Credit cards cashback query

79°
Deal Cadet
uuv

For Amazon pay icici card, 

does the reward points is rounded off to give maximum cashback ?

For example,

recently noticed that for rs 355 transaction at Amazon, the 5% cashback is 18 and not 15.

Please confirm.


Also which other top rewarding credit cards give proportional/ exact cashback for the transacted account, 

like IDFC card which gives 1.5% for online spends.


11 Comments  |  
5 Dimers
  • Sort By
Deal Cadet Deal Cadet
Link Copied

Yeah, amazon pay normally does rounding. It is quite good in terms of that. I think it gives reward points even for transactions less than 100 (probably takes sum of all transactions and then adds final cashback).

Paytm Citi also does rounding off. I did a 50 rupee transaction once and got 1 rs cashback (for 1% category).

Axis Flipkart does truncation.


Deal Cadet Deal Cadet
Link Copied
Knight11 wrote:

Yeah, amazon pay normally does rounding. It is quite good in terms of that. I think it gives reward points even for transactions less than 100 (probably takes sum of all transactions and then adds final cashback).

Paytm Citi also does rounding off. I did a 50 rupee transaction once and got 1 rs cashback (for 1% category).

Axis Flipkart does truncation.


Yes, as you mentioned for amazon card

 (probably takes sum of all transactions and then adds final cashback)

bcoz, my total cb earned for last statement was simply 5% of total amount due.

any idea on IDFC card , HDFC regalia, HSBC ?

Deal Cadet Deal Cadet
Link Copied
Expand
uuv wrote:

Yes, as you mentioned for amazon card

 (probably takes sum of all transactions and then adds final cashback)

bcoz, my total cb earned for last statement was simply 5% of total amount due.

any idea on IDFC card , HDFC regalia, HSBC ?

Nop, don’t have those.

Hotshot Hotshot
Link Copied
Expand
uuv wrote:

Yes, as you mentioned for amazon card

 (probably takes sum of all transactions and then adds final cashback)

bcoz, my total cb earned for last statement was simply 5% of total amount due.

any idea on IDFC card , HDFC regalia, HSBC ?

Regalia has 4 points per ₹150 and it truncates the points for value above the multiple of 150 of your transaction. For example if you do 599 transaction, you’ll get only 12 and not 16 rp

Deal Cadet Deal Cadet
Link Copied

Regalia is becoming really shit since last few months. There is nothing so called premium about the card any more especially after new millenia has been announced. Those benefits are 10x better than what a premium card like regalia offers

Only utility left is to buy Apay vouchers from Smartbuy at 5% cashback and pay bills using Apay.

I have both Flipkart axis and Amazon ICICI and started using them for other day to day txn

Deal Cadet Deal Cadet
Link Copied
jain01010199 wrote:

Regalia is becoming really shit since last few months. There is nothing so called premium about the card any more especially after new millenia has been announced. Those benefits are 10x better than what a premium card like regalia offers

Only utility left is to buy Apay vouchers from Smartbuy at 5% cashback and pay bills using Apay.

I have both Flipkart axis and Amazon ICICI and started using them for other day to day txn

@jain01010199 @Fanil

using LTF regalia card

so,  either we have to wait for free upgrade to infinia or millennia for better rewards/ cashback ?

Hotshot Hotshot
Link Copied
Expand
uuv wrote:

@jain01010199 @Fanil

using LTF regalia card

so,  either we have to wait for free upgrade to infinia or millennia for better rewards/ cashback

I have millennia upgrade available but for me regalia is a better choice so opted not to take the upgrade.

Deal Cadet Deal Cadet
Link Copied
Expand
uuv wrote:

@jain01010199 @Fanil

using LTF regalia card

so,  either we have to wait for free upgrade to infinia or millennia for better rewards/ cashback ?

Upgrade to infinia comes either when you have that 30 L income or if you have a very high credit limit in Regalia.
And to get a high credit limit in regalia, you have to use it as your primary card

Wingman Wingman
Link Copied

I also have millennia upgrade available but it’s not ltf like regalia….only first year free…should I take it or wait for ltf millennia offer???There is no chance of getting infinia for me….

Deal Cadet Deal Cadet
Link Copied
Expand
Fanil wrote:

I have millennia upgrade available but for me regalia is a better choice so opted not to take the upgrade.

Any important advantage regalia has over millennia?

apart from smartbuy, Amazon, gv at 5% cb, what else regalia has?



Hotshot Hotshot
Link Copied
Expand
uuv wrote:

Any important advantage regalia has over millennia?

apart from smartbuy, Amazon, gv at 5% cb, what else regalia has?



no points capping, 3x points on payzapp , time to time offers and not to forget smartbuy capping of 2000 instead of 1000. 

replyuser
Click here to reply
Reply