Get up to 25% cashback for 3 months on dining & grocery spends with your IndusInd Bank Credit Card.
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https://www.indusind.com/in/en/personal/offers/...?
SAVINGS ACCOUNT OFFER
- Get up to 25% cashback for 3 months on dining & grocery spends with your IndusInd Bank Credit Card.
Terms and Conditions
- This Cashback offer is applicable to IndusInd Bank Credit Card Customers who hold a valid and open IndusInd Bank Credit Card (Cardholder) account and do not have an IndusInd Bank Savings account as of 28th December, 2020 or IndusInd Bank Cardholders who open their Credit Card account post 28th Dec & Subsequently Open their IndusInd Bank Savings account.
- Such IndusInd Bank Credit Card Customers opening an IndusInd Bank Savings account will be eligible for Cashback on their eligible Credit Card spends on select Merchant categories, the quantum of such Cashback will be as follows:
- 10% Cashback, capped upto Rs. 750, if IndusInd Bank Savings account is opened with Initial Funding between Rs. 10,000 to less than Rs. 20,000
- 15% Cashback, capped upto Rs. 1,250, if IndusInd Bank Savings account is opened with Initial Funding between Rs. 20,000 & less than Rs. 50,000
- 25% Cashback, capped upto Rs. 1,750, if IndusInd Bank Savings account is opened with Initial Funding Rs. 50,000 or More
- Merchant Categories included for Cashback – Dining, Takeaway, Grocery and Supermarket (both Online and Offline) as defined by Visa/MasterCard/American Express.
- Transactions are classified into Merchant Category Groups (MCG) as defined by Visa/MasterCard/American Express. Only transactions under the eligible merchant categories will be considered for the purpose of calculating spends. IndusInd Bank will not be responsible, if any Merchant Establishment has not mapped its MID (Merchant ID) under the correct MCG.
- Initial Funding would imply End of Day Balance in IndusInd Bank Savings account in any of the 7 days’ post day of Savings account opening.
- Cashback eligible months – The Cashback will be given on Promoted Merchant Categories for 3 months subsequent to the month of Savings account opening; i.e. If Savings account is opened in December 2020, Credit Card Spends of January, February and March – 2021 will be eligible for applicable Cashback.
- Cashback Credit -
- In the event of customers holding multiple IndusInd Bank Credit Cards, only one Credit Card will be eligible for the Cashback offer. The eligible Credit Card will be the card having the highest qualified MCG spends during the Cashback eligible months.
- Customers who become delinquent (as defined by IndusInd Bank) during the course of the promotion will not be eligible for the Cashback.
- Cashback will be posted in the Card account in the subsequent month post the 3 months spends window. In the above example for Customer opening Savings account in December 2020, Cashback on promoted Merchant categories will be applicable for January, February and March 2021 spends and will be posted in the Card account by 30th April, 2021.
- In the event of multiple savings accounts opened during the offer period, the savings account opened first (basis chronology) will be considered for qualification & calculation of cashback.
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https://www.desidime.com/discussions/get-up-to-25-cashback-for-3-months-on-dining-grocery-spends-with-your-indusind-bank-credit-card-b8883393-5e73-40a4-b6e1-76e721443af1?page=1#post_8452027
I think you should ask the merchant itself, indusind service is not good
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How to know whether my merchant’s MID is mapped to Dining, Takeaway / Grocery / Supermarket MCG?
Any leads?