Hdfc regalia rewards lapsed
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I’ve used hdfc regalia card at Nobroker every month twice. (30k + 30k)
Due to using credit card more than 50k per month and every month, Hdfc considered as “working capital” (some f***king bank term) and lapsed all my reward points.
According HDFC , there is no freedom to customer to use his credit card wherever he wants too.
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For how many months have you’ve done this transactions? Since the start till now total number of months? Or in the first month of transaction only you got this notice?
Constantly 6 months
Finally HDFC bank also started cracking down on misuse of cards just like ICICI.
coz of some,everyone will be effected
Feb’21 and Mar’21 statements carry a note that says
IMPORTANT INFORMATION
1. …
2. PLEASE DO NOT USE YOUR PERSONAL CARD FOR WORKING CAPITAL FUNDING OR
ANY OTHER BUSINESS REQUIREMENTS.
Earlier it was not there
I had the same msg .. purchased only 5k amazon gv from gfytr and rest all are my normal txns.. to be on safer side I redeemed all my points
Did u get email or SMS about RP lapse?
>I’ve used hdfc regalia card at Nobroker every month twice. (30k + 30k)
maybe according to them, rent can be paid only once as people take a single home for rent not two or more(that also by paying 30k each)hence the restriction.