HDFC Regalia - Huge Devaluation in Reward Points
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I am surprised to see the huge de-valuation in HDFC Reward Points.
Previously for VOUCHERS the conversion ratio used to be
1 Point = 35 Paisa
but now it’s
1 Point = 15 Paisa
That so disappointing ..
So technically now REGALIA card Reward Points Yield stands at 0.40% .. previously it used to be 0.93%
Glad i have a LTF card.
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Does addon card attract any charges? How to apply for regalia?
It was still showing the value around 35paisa for me at https://offers.reward360.in/r...ia
Anyways, thanks for the warning. I’ve redeemed my 50k RPs immediately @ 35paisa
How much amount you spent for earn 50K points?
@avijeet R you sure that you are looking at the right place with the right regalia card?
Either you are seeing in point redemption via NetBanking or using a regalia first card.
Yeah I think so too..I can see regular value on smartbuy portal
Don’t see any devaluation in the portal. I hope I not missing anything 🤔
Got panic as soon as i saw the title and redeemed my 90k points.
Me too dude. Got panick and redeemed all my RPs
My god …. i am surprised to see as well …. i guess i was checking the HDFC Redeem Points portal, not the Regalia portal ….
Thanks for all the replies ….. Glad to see the overwhelming response by all reward points hoarders …..
How to get the maximum value for reward points redemption in Money-back
I remember someone shared it was through smartbuy / somewhere.
If anyone has leads on this, please help
Smartbuy Redemption portal is not available for moneyback and millennia cards. You need to directly redeem from net banking for statement credit
Another BOMB by HDFC Back …..
Now they have denied giving me Milestone Rewards of 10000 points for crossing 5 Laks cumulative bonus…..
saying your card is not eligible for this reward.
Earn 10,000 Bonus Reward Points on annual spending of Rs. 5,00,000 is still mentioned on the site.
Do you hold an LTF card?
Same, I have an LTF card. Got it funnily enough after closing my HDFC account.
Once the Mastercard ban is lifted I’ll make 3 Add On cards out of it so family can use the hell out of it for domestic and international lounge access.