Hot Deal Charged for redeeming Payback points on Amazon

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Deal Subedar
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I was charged Rs. 116.82 (99 + taxes) for redeeming Payback points on Amazon. Charges came in credit card statement after 1 month.
It was my first ever redemption. Since then using Amazon pay icici card. Direct cashback. no points and stuff

47 Comments  |  
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Deal Subedar
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ICICI has one of the worst reward programs and the awful payback point system.

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Critic
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redemption at offline stores get charged at 25+GST. redemption agaist gift vouchers are charged at 99+GST.

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Deal Subedar
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panchabhut wrote:

redemption at offline stores get charged at 25+GST. redemption agaist gift vouchers are charged at 99+GST.

Redemption @ BMS, BigBazaar & Central is also Rs. 25+GST. Been redeeming them here since last 9+ years..

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Budding Star
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sardasa wrote:

Redemption @ BMS, BigBazaar & Central is also Rs. 25+GST. Been redeeming them here since last 9+ years..

Minimum on which 25+gst applicable?

I redeemed 267 and 344 points, no charges. But when i redeemed 400 points then 25+gst applied

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Deal Subedar
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AtulAggarwal wrote:

Minimum on which 25+gst applicable?

No minimum. It’s charged every time we redeem. That’s why I don’t redeem less than 200-300.

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sardasa wrote:

No minimum. It’s charged every time we redeem. That’s why I don’t redeem less than 200-300.

So it’s 25+gst even if i redeem 1000 points?

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Deal Subedar
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AtulAggarwal wrote:

So it’s 25+gst even if i redeem 1000 points?

Yes. Correct. 1k or 10k doesn’t matter.

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sardasa wrote:

Yes. Correct. 1k or 10k doesn’t matter.

Read my first comment. I have another experience as well.

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Deal Subedar
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Once I had fight with ICICI why they are charging for payback points redemption when we can accumulate points through non ICICI route like HPCL , big Bazaar , online shopping etc

They said they willl escalate but never closed it.

Time has come again to take it up with ICICI

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Deal Subedar
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AtulAggarwal wrote:

Read my first comment. I have another experience as well.

Didn’t get you. Which comment you want me to read and comprehend your otherwise different experience?

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sardasa wrote:

Didn’t get you. Which comment you want me to read and comprehend your otherwise different experience?

I redeemed 267 and 344 points, no charges. But when i redeemed 400 points then 25+gst applied

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Deal Subedar
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AtulAggarwal wrote:

I redeemed 267 and 344 points, no charges. But when i redeemed 400 points then 25+gst applied

Charges will apply when you link your payback card with ICICI bank account. If you earn at other stores/sites and then redeem those points then it’s free.
Basically, charges are applied by ICICI bank and not by payback.
It could be that after your first two redemptions you linked your ICICI account with this payback card.

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Deal Subedar
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rajeshcaicwacs259 wrote:

Once I had fight with ICICI why they are charging for payback points redemption when we can accumulate points through non ICICI route like HPCL , big Bazaar , online shopping etc

They said they willl escalate but never closed it.

Time has come again to take it up with ICICI

Correct, i also earn lot of payback points from BMS and Central, but when i redeemed few points in Central, ICICI has charged me 25+gst in my savings bank account. What an irony

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Deal Subedar
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sardasa wrote:

Charges will apply when you link your payback card with ICICI bank account. If you earn at other stores/sites and then redeem those points then it’s free.
Basically, charges are applied by ICICI bank and not by payback.
It could be that after your first two redemptions you linked your ICICI account with this payback card.

There is no way to unlink payback card to ICICI account. Already tried this.

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sardasa wrote:

Charges will apply when you link your payback card with ICICI bank account. If you earn at other stores/sites and then redeem those points then it’s free.
Basically, charges are applied by ICICI bank and not by payback.
It could be that after your first two redemptions you linked your ICICI account with this payback card.

My points are earned from icici credit card only. How to manage redemption without charges?

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Deal Subedar
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manikantaks4u wrote:

There is no way to unlink payback card to ICICI account. Already tried this.

You can stop using current payback card and create a new one and start using that one and forfeit all points that you could earn via ICICI txns.

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Deal Subedar
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AtulAggarwal wrote:

My points are earned from icici credit card only. How to manage redemption without charges?

If these points are from ICICI bank then there is no way to redeem them without paying.

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sardasa wrote:

If these points are from ICICI bank then there is no way to redeem them without paying.

But as i said for redemption of points below 400 i was not charged.

I will try again nxt month with points below 400 and update here if those are free of charges.

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Deal Subedar
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AtulAggarwal wrote:

But as i said for redemption of points below 400 i was not charged.

I will try again nxt month with points below 400 and update here if those are free of charges.

Ok.

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Critic
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AtulAggarwal wrote:

So it’s 25+gst even if i redeem 1000 points?

yes. thats why I normally go for at least 4000 (Rs.1000) each time.

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Critic
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sardasa wrote:

Redemption @ BMS, BigBazaar & Central is also Rs. 25+GST. Been redeeming them here since last 9+ years..

Bigbazaar and Central are offline stores. Did not know about BMS.

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Pro Critic
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Why not buy Amazon voucher on Payback website? I don’t think they charge any additional there.

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sardasa wrote:

Ok.

Just checked statements of payback points and credit card.

I got charges of march and april in this month. (267 and 344 points)
I will get charges for my other redemption of 400 points in upcoming months

I will now take care of my future redemptions. Thanks guys blush

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Deal Subedar
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AtulAggarwal wrote:

Just checked statements of payback points and credit card.

I got charges of march and april in this month. (267 and 344 points)
I will get charges for my other redemption of 400 points in upcoming months

I will now take care of my future redemptions. Thanks guys blush

See.. i told you blush
Been using them since very long..
By 200-300 I meant INR not points as 4 points = INR 1.

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Pro Critic
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How to earn maximum reward points on Payback? Does credit card transactions count?

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Deal Cadet
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Icici sucks. They have worst ever reward program and charge on top of that.

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Deal Subedar
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Roushh wrote:

How to earn maximum reward points on Payback? Does credit card transactions count?

To earn maximum reward points, keep spending. You will earn points for as much as you spend using your credit or debit card

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Deal Subedar
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sb007 wrote:

Icici sucks. They have worst ever reward program and charge on top of that.

Then switch to digiBank. Their digibucks can give upto Rs. 1k per month.

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Deal Cadet
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I have close to 5k points. If I want to redeem it for gift vouchers then how much will I be charged by ICICI? Never redeemed any points.

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