IDFC Vs dcb

Deal Cadet
sidmanraj731

Dcb gives 0.5 reward points and 2.5 percent interest annually, which makes total 8.5 percent annually.

IDFC gives gives 6 percent annually.

Which is the best between, who is ready to keep 60k in bank account.

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Can u explain dcb 8.5% how?

Deal Cadet Deal Cadet
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How DCB 2.5 and .5 becomes 8.5??

Post Emperor Post Emperor
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Op math :
12 months *0.5 +2.5

Tech Guru Tech Guru
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DCB gives 0.5% for the outgoing spends, not for the the savings in account.

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