Maximize reward points on IDFC credit cards

235°
Deal Subedar
jainashish85

I have IDFC select CC and Flipkart Axis CC.

I have been using FK AXIS for all (online/offline) my spending for 1.5%cb.

With IDFC , 20K+ 10X reward points I wanted to switch to it.
Offline 3X RP → .75%
Online 6X RP → 1.5%
After 20K 10X RP → 2.5%

The target of 20K is per statement cycle? I think it is, can some please confirm.
The initial part of the statement cycle I make all offline spend on FK axis, all online spends using IDFC. Once 20K target is reached, I moved all spend to IDFC.

Please comment Is this any better way to maximise reward points? or any other easily available CC which has gives better rewards.

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Perfectionist Perfectionist
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Add money to Dhani or other similar using IDFC and use that offline
(IF Fk axis annual waiver amount is reached)

Deal Cadet Deal Cadet
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avgn wrote:

Add money to Dhani or other similar using IDFC and use that offline
(IF Fk axis annual waiver amount is reached)

If total spends : Online Offline wallet load, are more than rs.20k in a month Then won’t we get 10x RP?

Talk-Of-The-Town Talk-Of-The-Town
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Peace_Of_Mind wrote:

If total spends : Online Offline wallet load, are more than rs.20k in a month Then won’t we get 10x RP?

yes. idfc fetch 3x offline … to maximize he suggesting to load wallet @ 6x and use it for offline txn

Deal Cadet Deal Cadet
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bohemian wrote:

yes. idfc fetch 3x offline … to maximize he suggesting to load wallet @ 6x and use it for offline txn

Thank you. Why wallet load? If we use card directly in local shops for rs.20k or more, Then won’t we get?

Perfectionist Perfectionist
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Peace_Of_Mind wrote:

Thank you. Why wallet load? If we use card directly in local shops for rs.20k or more, Then won’t we get?

Just FYI, 10x is only on amount greater than 20k on not on the whole statement amount

Talk-Of-The-Town Talk-Of-The-Town
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Peace_Of_Mind wrote:

Thank you. Why wallet load? If we use card directly in local shops for rs.20k or more, Then won’t we get?

to complete 20000 limit for 10×...over it, direct card can be used

Deal Cadet Deal Cadet
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Basically 10x rewards are applicable on all the after reaching 20k threshold in a month.
Till first 20k, try to maximize the rewards, by spending first 20k on online transactions online only.
Post 20k threshold, you can use the card on either online or offline transactions, both will fetch 10x rewards irrespective of it’s prior category.

Example from one of my earlier statement, notice how first 20k transactions are all done only ONLINE.
https://cdn0.desidime.com/attachments/photos/702419/medium/7819388Capture.jpg?1627362738

Deal Cadet Deal Cadet
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NahiBatata wrote:

Basically 10x rewards are applicable on all the after reaching 20k threshold in a month.
Till first 20k, try to maximize the rewards, by spending first 20k on online transactions online only.
Post 20k threshold, you can use the card on either online or offline transactions, both will fetch 10x rewards irrespective of it’s prior category.

nahi batata ne ek dum sahi bataya 😂

Deal Subedar Deal Subedar
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NahiBatata wrote:

Basically 10x rewards are applicable on all the after reaching 20k threshold in a month.
Till first 20k, try to maximize the rewards, by spending first 20k on online transactions online only.
Post 20k threshold, you can use the card on either online or offline transactions, both will fetch 10x rewards irrespective of it’s prior category.

Example from one of my earlier statement, notice how first 20k transactions are all done only ONLINE.
https://cdn0.desidime.com/attachments/photos/702419/medium/7819388Capture.jpg?1627362738

Thanks, this sums it up very well. KG given.

Deal Cadet Deal Cadet
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NahiBatata wrote:

Basically 10x rewards are applicable on all the after reaching 20k threshold in a month.
Till first 20k, try to maximize the rewards, by spending first 20k on online transactions online only.
Post 20k threshold, you can use the card on either online or offline transactions, both will fetch 10x rewards irrespective of it’s prior category.

Example from one of my earlier statement, notice how first 20k transactions are all done only ONLINE.
https://cdn0.desidime.com/attachments/photos/702419/medium/7819388Capture.jpg?1627362738

can u share this excel?
and 1 reward point equal to how many rupees?

Deal Cadet Deal Cadet
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kukdookoo wrote:

can u share this excel?
and 1 reward point equal to how many rupees?

1 RP = 0.25 Rs.
PM me for excel..!!

Talk-Of-The-Town Talk-Of-The-Town
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NahiBatata wrote:

Basically 10x rewards are applicable on all the after reaching 20k threshold in a month.
Till first 20k, try to maximize the rewards, by spending first 20k on online transactions online only.
Post 20k threshold, you can use the card on either online or offline transactions, both will fetch 10x rewards irrespective of it’s prior category.

Example from one of my earlier statement, notice how first 20k transactions are all done only ONLINE.
https://cdn0.desidime.com/attachments/photos/702419/medium/7819388Capture.jpg?1627362738

Aise kon excel (hisaab) bnata hai bhai. Don’t you trust IDFC grin

Deal Cadet Deal Cadet
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bohemian wrote:

Aise kon excel (hisaab) bnata hai bhai. Don’t you trust IDFC grin

Bas example diya Professor, so that achhe se samajh mai aa jaaye stuck_out_tongue

Deal Cadet Deal Cadet
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I have an IDFC Select CC I got 3-4 months before lying around unused. Do you think is it worth to activate it? I use my DCB and Amex Plat Travel for most of the expenses and Amazone pay cc for other spends.

Cool Cool
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rakeshtvla wrote:

I have an IDFC Select CC I got 3-4 months before lying around unused. Do you think is it worth to activate it? I use my DCB and Amex Plat Travel for most of the expenses and Amazone pay cc for other spends.

idfc gives 500 voucher on 15K spends in first 90 days
Check if that’s still available

Critic Critic
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rakeshtvla wrote:

I have an IDFC Select CC I got 3-4 months before lying around unused. Do you think is it worth to activate it? I use my DCB and Amex Plat Travel for most of the expenses and Amazone pay cc for other spends.

Why did you even get this card when already having dcb & amex? This card is practically useless for those holding top tier cards.

Cool Cool
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guest_999 wrote:

Why did you even get this card when already having dcb & amex? This card is practically useless for those holding top tier cards.

Ltf it is
Difficult to miss

Deal Newbie Deal Newbie
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I spent 105150 but rewards shows only 6315 , when actually 10x rewards shows in idfc app Or will it be calculated during statement generation?

Deal Cadet Deal Cadet
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RIDER003 wrote:

I spent 105150 but rewards shows only 6315 , when actually 10x rewards shows in idfc app Or will it be calculated during statement generation?

Extra RPs will be credited after statement generation.
In the statement too, you can the 10x RPs

Deal Newbie Deal Newbie
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avgn wrote:

Add money to Dhani or other similar using IDFC and use that offline
(IF Fk axis annual waiver amount is reached)

What is the value of reward points for 1000 rs wallet load using Axis bank card?

Deal Cadet Deal Cadet
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This 20k is counted on the basis of calendar month or billing cycle?

Cool Cool
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tuckless wrote:

This 20k is counted on the basis of calendar month or billing cycle?

Billing cycle

Critic Critic
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sudhakarhd wrote:

What is the value of reward points for 1000 rs wallet load using Axis bank card?

Zero, wallet transactions are now excluded from most credit cards reward structure.

Cool Cool
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guest_999 wrote:

Zero, wallet transactions are now excluded from most credit cards reward structure.

Idfc is giving atleast for now.
Unless everyone starts abusing badly

Critic Critic
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raman12 wrote:

Idfc is giving atleast for now.
Unless everyone starts abusing badly

It is the pro abusers that matters, a single pro abuser rotating 2-3 lakh per month is equivalent of 9-10 users casually rotating 9-10k per month. I don’t expect idfc to continue giving wallet rewards beyond 1-2 years.

Deal Subedar Deal Subedar
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guest_999 wrote:

It is the pro abusers that matters, a single pro abuser rotating 2-3 lakh per month is equivalent of 9-10 users casually rotating 9-10k per month. I don’t expect idfc to continue giving wallet rewards beyond 1-2 years.

Shubh Shubh bolo.

Missing