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HDFC Diners Black and Infinia points devaluation for cash redemption

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Deal Subedar
indiansoul

HDFC has reduced the cash redemption value for Diners Black (DCB) and Infinia cards from 50p per point to 30p per point.

I hope that people were not using points for cash redemption but it was still an option to redeem points near expiry.

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Deal Subedar Deal Subedar
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I am now worried if they will reduce the smartbuy point redemption from 1 to 0.75 or 0.50 also . Not a good news persevere

Deal Subedar Deal Subedar
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Surprisingly, reductions are done only for top tier cards .. others are left as is.
My guess is that it is done to offset the expenses on new montly milestones (DCB card) and target spend offers that they started offering.

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Deal Subedar Deal Subedar
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Did u get some notification or email?

Deal Subedar Deal Subedar
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No email or notification from HDFC, I read it on a blog

Shopping Friend Shopping Friend
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Hdfc Bank credit card users kindly give your valuable suggestions in this thread too.

I need a little help smile

https://www.desidime.com/forums/dost-and-dimes/...

Deal Newbie Deal Newbie
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Memberships are mostly waste except az prime and to some extent timesprime. Monthly milestones like tatacliq and even bms gv are more interesting, esp bcoz they can help in achieving in parallel tgts like 10x and 5L annual for fee waiver… More so if some sale comes on az/fk.

why?

@rpal

Analyst Analyst
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Monthly 80k milestone is good: Meeting gives Tq and BMS gvs each month, which is actually useful. Ans if one foes this, then annual tgt also would get strong support, almost naturally getting met. This is imp in new system, where failing to cross 5L fee waiver tgt can be disastrous if fee would become applicable and no compensating points also would be there (like earlier system).

Cool Cool
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Monthly spend offer of 80k applicable for Diners clubmiles?

Deal Subedar Deal Subedar
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No, 80k spend offer is for Diners Black only

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Deal Cadet Deal Cadet
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Yes Just noticed that. I have 50k points for Infinia, so only option is to book Air tickets & hotel booking confused. Any other suggestions for getting Max value

Deal Cadet Deal Cadet
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Nope, for maximum value only flights and hotels.

Deal Subedar Deal Subedar
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For dcb they have increased yearly charges and now reduced rewards

Deal Cadet Deal Cadet
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DCB should get devalued in near future, I don’t think they will be able to continue giving same rewards to both LTF and annual-fee paying DCB customers. One way would be to upgrade fee-paying DCB customers to Infinia or launch a new premium Diners card.

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