https://www.desidime.com/discussions/tata-neu-cc-stopped-giving-coins-for-upi-transactions?page=1#post_9503206
😬Omg... I too have neu infinity.. Will have to wait till next week to see the statement
Tata Neu Credit Card stopped giving coins for upi transactions?
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I have Tata neu plus credit card and today received the statement. Neu coins are given for upi transactions upto 31st July but from 1st Aug no rewards.
is it same for anyone?
What is the next best card other than bob snapdeal for Upi on cc for daily usage???
Update: (from @abhishek012 & @pjain2712 )
is it same for anyone?
What is the next best card other than bob snapdeal for Upi on cc for daily usage???
Update: (from @abhishek012 & @pjain2712 )
Disclaimer
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Top Comments
https://www.desidime.com/discussions/tata-neu-cc-stopped-giving-coins-for-upi-transactions?page=1#post_9503211
Kiwi Axis Rupay Cc
https://www.desidime.com/discussions/tata-neu-cc-stopped-giving-coins-for-upi-transactions?page=1#post_9503214
There seems to be some development activities in hdfc. Will have to wait for sometime until they fix it. Maybe they were implementing 500 capping
https://www.desidime.com/discussions/tata-neu-cc-stopped-giving-coins-for-upi-transactions?page=1#post_9503234
Same for me. Recieved none this month
https://www.desidime.com/discussions/tata-neu-cc-stopped-giving-coins-for-upi-transactions?page=1#post_9503237
raja.muralidharan wrote:There seems to be some development activities in hdfc. Will have to wait for sometime until they fix it. Maybe they were implementing 500 capping
I only got around 59 coins for cumulative transactions done worth Rs. 5900 in July. But in Aug got nothing for all the upi transactions. This is not 500 capping, may be they have stopped giving rewards on upi transactions . 
https://www.desidime.com/discussions/tata-neu-cc-stopped-giving-coins-for-upi-transactions?page=1#post_9503239
baludesi wrote:HDFC bank told neu coins will credit after end of this month.😬Omg... I too have neu infinity.. Will have to wait till next week to see the statement
https://www.desidime.com/discussions/tata-neu-cc-stopped-giving-coins-for-upi-transactions?page=1#post_9503241
urmila.contact wrote:Kiwi Axis Rupay Cc
Not eligible 
https://www.desidime.com/discussions/tata-neu-cc-stopped-giving-coins-for-upi-transactions?page=1#post_9503245
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abhishek012 wrote:
HDFC bank told neu coins will credit after end of this month.
This is good news 
. Let's wait, may be from now onwards they will credit rewards with one month lag similar to what they do in case of other HDFC credit cards.
https://www.desidime.com/discussions/tata-neu-cc-stopped-giving-coins-for-upi-transactions?page=1#post_9503260
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Chef wrote:This is good news
I dnt know why HDFC give rewards point and neu coins for UPI transactions under 2k.
HDFC and all other banks should stop giving rewards point/cashback on UPI transactions under Rs2000.
https://www.desidime.com/discussions/tata-neu-cc-stopped-giving-coins-for-upi-transactions?page=1#post_9503293
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abhishek012 wrote:I dnt know why HDFC give rewards point and neu coins for UPI transactions under 2k.
HDFC and all other banks should stop giving rewards point/cashback on UPI transactions under Rs2000.
The promotional budget and fund for UPI rupay from govt has to go as such to create interest among users, atleast for some more years...
https://www.desidime.com/discussions/tata-neu-cc-stopped-giving-coins-for-upi-transactions?page=1#post_9503391
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Fund has been allocated for MDR fee only for normal UPI and RuPay DC, that too for small merchants only.
Agnivo007 wrote:Govt never gave any fund for CC on UPI and RuPay CC promotion neither govt gave any fund for normal UPI and RuPay DC promotion.The promotional budget and fund for UPI rupay from govt has to go as such to create interest among users, atleast for some more years...
Fund has been allocated for MDR fee only for normal UPI and RuPay DC, that too for small merchants only.
https://www.desidime.com/discussions/tata-neu-cc-stopped-giving-coins-for-upi-transactions?page=1#post_9503405
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No one will take cards like these which have 300 or 500 or 1500 annual fees, but don't offer reward points on regular small usage between 100 to 500 or maybe 100 to 1k, the section where UPI shines the most.
The best thing these banks can do is make a tier or spend based reward system like idfc. It has its downsides but still ensures reward points for low usage customers and entice high spending users also.
abhishek012 wrote:If that becomes the case, people will only take Rupay cc which has zero fees or is ltf, and the premium Rupay category will suffer.I dnt know why HDFC give rewards point and neu coins for UPI transactions under 2k.
HDFC and all other banks should stop giving rewards point/cashback on UPI transactions under Rs2000.
No one will take cards like these which have 300 or 500 or 1500 annual fees, but don't offer reward points on regular small usage between 100 to 500 or maybe 100 to 1k, the section where UPI shines the most.
The best thing these banks can do is make a tier or spend based reward system like idfc. It has its downsides but still ensures reward points for low usage customers and entice high spending users also.
https://www.desidime.com/discussions/tata-neu-cc-stopped-giving-coins-for-upi-transactions?page=1#post_9503463
Didn't get any reward points on HDFC regalia too from 1st August for UPI transactions
https://www.desidime.com/discussions/tata-neu-cc-stopped-giving-coins-for-upi-transactions?page=1#post_9503506
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abhishek012 wrote:
Govt never gave any fund for CC on UPI and RuPay CC promotion neither govt gave any fund for normal UPI and RuPay DC promotion.
Fund has been allocated for MDR fee only for normal UPI and RuPay DC, that too for small merchants only.
MDR, etc. are the only Quantitative measures and apart from that govt. has other qualitative and indirect measures also which they use to persuade banks for issuing Rupay cards.
https://www.desidime.com/discussions/tata-neu-cc-stopped-giving-coins-for-upi-transactions?page=1#post_9503579
Can anyone confirm Tata Nue card valid for all online HDFC offer?
https://www.desidime.com/discussions/tata-neu-cc-stopped-giving-coins-for-upi-transactions?page=1#post_9503629
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abhishek012 wrote:At the end of the month they will credit 500 neu coins maximum for sure as per their tern n conditions, what i think so
HDFC bank told neu coins will credit after end of this month.
https://www.desidime.com/discussions/tata-neu-cc-stopped-giving-coins-for-upi-transactions?page=1#post_9503765
piyupani wrote:Yes, valid on all HDFC 10% discount offers on Amaozm, Flipkart etc.Can anyone confirm Tata Nue card valid for all online HDFC offer?
https://www.desidime.com/discussions/tata-neu-cc-stopped-giving-coins-for-upi-transactions?page=1#post_9503964
https://www.desidime.com/discussions/tata-neu-cc-stopped-giving-coins-for-upi-transactions?page=1#post_9504010
Seems to be same for hdfc Rupay virtual cc
https://www.desidime.com/discussions/tata-neu-cc-stopped-giving-coins-for-upi-transactions?page=1#post_9504091
https://www.desidime.com/discussions/tata-neu-cc-stopped-giving-coins-for-upi-transactions?page=1#post_9504113
Sad to hear this.. 
https://www.desidime.com/discussions/tata-neu-cc-stopped-giving-coins-for-upi-transactions?page=1#post_9504131
Rewards for cc on UPI are given, even to transfer to non business accounts?
https://www.desidime.com/discussions/tata-neu-cc-stopped-giving-coins-for-upi-transactions?page=1#post_9504154
harpy.eagle wrote:Only for Merchant account payments.Rewards for cc on UPI are given, even to transfer to non business accounts?
https://www.desidime.com/discussions/tata-neu-cc-stopped-giving-coins-for-upi-transactions?page=1#post_9504393
Same as me
https://www.desidime.com/discussions/tata-neu-cc-stopped-giving-coins-for-upi-transactions?page=1#post_9504439
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All happy.
abhishek012 wrote:I am ready to go back to cash txns. My area shopkeepers probably will be more happy to get out of this cashless economy too. Most times, I bother them to bring out their UPI QR for simple 200 rs txn for fish/ eggs etc..I dnt know why HDFC give rewards point and neu coins for UPI transactions under 2k.
HDFC and all other banks should stop giving rewards point/cashback on UPI transactions under Rs2000.
All happy.
https://www.desidime.com/discussions/tata-neu-cc-stopped-giving-coins-for-upi-transactions?page=1#post_9504782
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Seinfeld wrote:
I am ready to go back to cash txns. My area shopkeepers probably will be more happy to get out of this cashless economy too. Most times, I bother them to bring out their UPI QR for simple 200 rs txn for fish/ eggs etc..
All happy.
In the long term, this upi service cannot be free. It will be paid by the buyers. In an economy like India, why would people pay a bunch of third parties for buying 200-300rs item. They will pay cash even if it means saying some coins.
Also, who wants to show all the sale in banks.
https://www.desidime.com/discussions/tata-neu-cc-stopped-giving-coins-for-upi-transactions?page=1#post_9504810
Is it only for infinity or plus as well??
https://www.desidime.com/discussions/tata-neu-cc-stopped-giving-coins-for-upi-transactions?page=1#post_9504859
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IMPS for free.
I pay rarely by Cheque which is also free.
Maybe I try to create relationships with banks which gives me free access to their services. Now if UPI is mandatorily charged, who cares for it.
I know nothing can remain free forever, they have to start charging to maintain the system, but unless it remains free upto some limited usage (say 5 txns a month), UPI will see drastic fall in usage. ATM txns costs for most, however it's also free for most.
Also having all my minor expenses on my cc or maybe some throwaway bank account is actually more useful for me than carrying cash and having no idea where I spend them on.
And I thought India was more geared for a cashless economy.
Sachin9811 wrote:I use NEFT for Free.In the long term, this upi service cannot be free. It will be paid by the buyers. In an economy like India, why would people pay a bunch of third parties for buying 200-300rs item. They will pay cash even if it means saying some coins.
Also, who wants to show all the sale in banks.
IMPS for free.
I pay rarely by Cheque which is also free.
Maybe I try to create relationships with banks which gives me free access to their services. Now if UPI is mandatorily charged, who cares for it.
I know nothing can remain free forever, they have to start charging to maintain the system, but unless it remains free upto some limited usage (say 5 txns a month), UPI will see drastic fall in usage. ATM txns costs for most, however it's also free for most.
Also having all my minor expenses on my cc or maybe some throwaway bank account is actually more useful for me than carrying cash and having no idea where I spend them on.
And I thought India was more geared for a cashless economy.
https://www.desidime.com/discussions/tata-neu-cc-stopped-giving-coins-for-upi-transactions?page=1#post_9506068
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Seinfeld wrote:
I use NEFT for Free.
IMPS for free.
I pay rarely by Cheque which is also free.
Maybe I try to create relationships with banks which gives me free access to their services. Now if UPI is mandatorily charged, who cares for it.
I know nothing can remain free forever, they have to start charging to maintain the system, but unless it remains free upto some limited usage (say 5 txns a month), UPI will see drastic fall in usage. ATM txns costs for most, however it's also free for most.
Also having all my minor expenses on my cc or maybe some throwaway bank account is actually more useful for me than carrying cash and having no idea where I spend them on.
And I thought India was more geared for a cashless economy.
Carrying cash and maintaining cash is more expensive and risky. Not sure how doing cash transactions is less expensive if we don't belong to low income group or have loads of black money.
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I dnt know why HDFC give rewards point and neu coins for UPI transactions under 2k.
HDFC and all other banks should stop giving rewards point/cashback on UPI transactions under Rs2000.
https://twitter.com/suniltatipelly/status/16911...
@Chef @bankipad @raja.muralidharan @everev