HDFC Diners Black and Infinia points devaluatio...

HDFC Diners Black and Infinia points devaluation for cash redemption

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Deal Cadet
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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.

20 Comments  |  
13 Dimers
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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

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ZitOO wrote:

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

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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ZitOO wrote:

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

It is a possibility as they have issued their super premium cards to many people.

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Deal Subedar
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ZitOO wrote:

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

What is smartbuy points

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AnnamalaiNryaa wrote:

What is smartbuy points

I think he meant point redemption for flight and hotel booking via smartBuy

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Deal Subedar
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Did u get some notification or email?

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ZitOO wrote:

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

Yes. Possible. Esp. given that dcb they are offering to now really multi fold no of ppl in recent months. Infinia is still rare to get or rare to even get preferred over dcb by many;)

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.

Tatacliq is emerging strongly as an alternative to duo of az/fk, which is comforting, esp. Fk risk of cancellation of electronics / mobiles going too far abd routine. Removal of tq from 10x was a serious loss. Removal of Bms added to reduced options. Myntra is the only significant left out there i feel..

Devaluations r way of life with hdfc cc rwds.. Though recently net net they have made dcb/infinia more attractive. So that gives hope. It will still continue to be lucrative and useful. No point worrying either way. Enjoy the party till it lasts like everything else in life. Gn.

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amit3131 wrote:

Did u get some notification or email?

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

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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

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divyeshmehta1026 wrote:

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

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).

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Deal Subedar
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Monthly spend offer of 80k applicable for Diners clubmiles?

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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

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rahulgoogle81 wrote:

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

Nope, for maximum value only flights and hotels.

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

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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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dlhntr wrote:

Monthly spend offer of 80k applicable for Diners clubmiles?

No, 80k spend offer is for Diners Black only

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indiansoul wrote:

No, 80k spend offer is for Diners Black only

Monthly Milestone benefits are on Diners Club Privilege too. Card members can select one of following vouchers on achieving a monthly spend of Rs. 40,000:

  • Ola Select membership
  • BookMyShow voucher worth Rs. 500
  • TataCLIQ voucher worth Rs. 500
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Konquerror wrote:

Monthly Milestone benefits are on Diners Club Privilege too. Card members can select one of following vouchers on achieving a monthly spend of Rs. 40,000:

  • Ola Select membership
  • BookMyShow voucher worth Rs. 500
  • TataCLIQ voucher worth Rs. 500

Good point !! I was only thinking of 80k milestone..
Not able to give karma

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