Hotness Help needed - I got indusind iconia Amex card a...

Hot Deal Help needed - I got indusind iconia Amex card approved and now they have reduced the reward points

586°
You clearly look confused l11
Deal Lieutenant
385
3828
30

According to the revised reward structure
Thomas cook signature credit card is giving more reward points

Should I cancel the iconia credit card and go with the Thomas cook credit card

Help needed @A2zdeals

89 Comments  |  
18 Dimers
You clearly look confused l11
Deal Lieutenant
385
3828
30

Can anyone suggest other best card in IndusInd bank

A2z1
Community Angel
418
34688
454
ashishreddy3421869 wrote:

Can anyone suggest other best card in IndusInd bank

Rewards are reduced for selected categories
For usual shopping spends same reward structure continue

Please note, the IndusInd Bank Credit Card Rewards program will be revised with effect from 1st August 2019, for earning Reward Points on the following indicative list of merchant categories:
Utility Bill Payments
Insurance Premium Payments
Government Services/Charges/Payments
Education Institute Fees

Spends on all other merchant categories will continue to earn Reward Points as per the existing Rewards program.

You clearly look confused l11
Deal Lieutenant
385
3828
30
Expand
A2Zdeals wrote:

Rewards are reduced for selected categories
For usual shopping spends same reward structure continue

Please note, the IndusInd Bank Credit Card Rewards program will be revised with effect from 1st August 2019, for earning Reward Points on the following indicative list of merchant categories:
Utility Bill Payments
Insurance Premium Payments
Government Services/Charges/Payments
Education Institute Fees

Spends on all other merchant categories will continue to earn Reward Points as per the existing Rewards program.

You mean for online shopping sites like flipkart , amazon etc , I will earn the same existing rewards
1.5 for weekdays
2 for weekends

You clearly look confused l11
Deal Lieutenant
385
3828
30

Anyway I am not gonna use the iconia card for the above mentioned categories

You clearly look confused l11
Deal Lieutenant
385
3828
30

Should I take this card or go with any other card of IndusInd bank @A2Zdeals

Cropped 749861292
Deal Subedar
129
1539
23
ashishreddy3421869 wrote:

Should I take this card or go with any other card of IndusInd bank @A2Zdeals

How much is the fee for this card?

Cropped 749861292
Deal Subedar
129
1539
23
ashishreddy3421869 wrote:

Should I take this card or go with any other card of IndusInd bank @A2Zdeals

How much is the fee for this card?

A2z1
Community Angel
418
34688
454
ashishreddy3421869 wrote:

Should I take this card or go with any other card of IndusInd bank @A2Zdeals

For E-commerce rewards remain same
1.5 weekday 2 weekend
For Amazon Flipkart etc.
Card carry one time fee or LTF?
Usually minimum is 3.5k without any gift voucher
So should keep it
During Diwali traditionally they bring Rewardz Fest in which they bring spends based bonus rewards
So I suggest keep this
You can adjust rewards against outstanding which is prevalent in very less card variants across banks

You clearly look confused l11
Deal Lieutenant
385
3828
30
Expand
sardasa wrote:

How much is the fee for this card?

They are charging 10000+gst
and they are providing vouchers worth 10k of certain brands

Cropped 749861292
Deal Subedar
129
1539
23
Expand
ashishreddy3421869 wrote:

They are charging 10000+gst
and they are providing vouchers worth 10k of certain brands

So, what’s the benefits of this card? You can buy those 10k vouchers for less than 10k for sure and save on 1800 GST

You clearly look confused l11
Deal Lieutenant
385
3828
30
Expand
A2Zdeals wrote:

For E-commerce rewards remain same
1.5 weekday 2 weekend
For Amazon Flipkart etc.
Card carry one time fee or LTF?
Usually minimum is 3.5k without any gift voucher
So should keep it
During Diwali traditionally they bring Rewardz Fest in which they bring spends based bonus rewards
So I suggest keep this
You can adjust rewards against outstanding which is prevalent in very less card variants across banks

Thanks for the info
I will accept this card
I accepted to pay 10k for this card

Missing
Deal Cadet
83
426
17

3.5K with no vouchers
5k with useless vouchers
10k with useful voucher (need to wait 60 day before you get)

Missing
Deal Cadet
83
426
17
Expand
sardasa wrote:

How much is the fee for this card?

3.5K with no vouchers
5k with useless vouchers
10k with useful voucher (need to wait 60 day before you get)

Cropped 749861292
Deal Subedar
129
1539
23
Expand
karanoshan wrote:

3.5K with no vouchers
5k with useless vouchers
10k with useful voucher (need to wait 60 day before you get)

It’s not making much sense to me as to why should anyone go for this card?

Missing
Deal Cadet
83
426
17
Expand
ashishreddy3421869 wrote:

You mean for online shopping sites like flipkart , amazon etc , I will earn the same existing rewards
1.5 for weekdays
2 for weekends

yes

Missing
Deal Cadet
83
426
17
Expand
sardasa wrote:

It’s not making much sense to me as to why should anyone go for this card?

For 10k Membership you get a 10k Yatra open voucher which is the only most useful voucher that they offer (Cant be sold, it is linked to card), you will get this in 60 days, only extra you need to pay is GST which is 1800.
So for 1800 you are getting an Amex card with life time free and 2% rewards as cash credit no other card which offers this high reward rate has cash credit facility. Also you get to access Amex only Lounges in Mumbai and Delhi Airports. and time to time they have special offers for Amex iconia card holders.
I dont know the eligibility criteria for the card as indusind upgraded my card, still had to pay a joining fee

Cropped 749861292
Deal Subedar
129
1539
23
Expand
karanoshan wrote:

For 10k Membership you get a 10k Yatra open voucher which is the only most useful voucher that they offer (Cant be sold, it is linked to card), you will get this in 60 days, only extra you need to pay is GST which is 1800.
So for 1800 you are getting an Amex card with life time free and 2% rewards as cash credit no other card which offers this high reward rate has cash credit facility. Also you get to access Amex only Lounges in Mumbai and Delhi Airports. and time to time they have special offers for Amex iconia card holders.
I dont know the eligibility criteria for the card as indusind upgraded my card, still had to pay a joining fee

Premium Plaza Lounges can be accessed using HDFC Regalia CC as well which is free. (I take the liberty of assuming they’re of the same quality as Amex only lounges)
2% rewards as cash credit on paying 1800 extra is not making much sense to me.
SBI SimplyCLICK doesn’t give cash credits but got 1.25% or 2.5% rewards at 1st year fee of 499+GST.
Yatra GC can be bought at 10% discount on Amazon and Amazon GCs can further be bought at 5-10% discount on magicpin / MobiKwik. So, even these 10K vouchers are actually not worth 10K. Moreover, if you use vouchers to make payment on yatra then you lose all other offers that you could have availed without using these vouchers.

This Indus Iconia Amex card becomes LFT even if we do not spend anything on this card after getting it?

A2z1
Community Angel
418
34688
454
Expand
sardasa wrote:

Premium Plaza Lounges can be accessed using HDFC Regalia CC as well. (assume they’re of the same quality as Amex only lounges)
2% rewards as cash credit on paying 1800 extra is not making much sense to me.
SBI SimplyCLICK doesn’t give cash credits but got 1.25% or 2.5% rewards at 1st year fee of 499+GST.
Yatra GC can be bought at 10% discount on Amazon and Amazon GCs can further be bought at 5-10% discount on magicpin / MobiKwik. So, even these 10K vouchers are actually not worth 10K. Moreover, if you use vouchers to make payment on yatra then you lose all other offers that you could have availed without using these vouchers.

This Indus Iconia Amex card becomes LFT even if we do not spend anything on this card after getting it?

Most Indusind cards have onetime joining fees which can’t be waived
There is chance of getting this card LTF
@Tejaa can tell

Cropped 749861292
Deal Subedar
129
1539
23
Expand
A2Zdeals wrote:

Most Indusind cards have onetime joining fees which can’t be waived
There is chance of getting this card LTF
@Tejaa can tell

I have IndusInd Aura Edge card which is LTF

A2z1
Community Angel
418
34688
454
Expand
sardasa wrote:

I have IndusInd Aura Edge card which is LTF

I get a IVR call daily for Indusind LTF card
Iconia isn’t given LTF usually

Cropped 749861292
Deal Subedar
129
1539
23
Expand
A2Zdeals wrote:

I get a IVR call daily for Indusind LTF card
Iconia isn’t given LTF usually

@karanoshan mentioned that after paying joining fee of Rs. 11,800 it will be LTF

Missing
Deal Cadet
83
426
17
Expand
sardasa wrote:

Premium Plaza Lounges can be accessed using HDFC Regalia CC as well. (assume they’re of the same quality as Amex only lounges)
2% rewards as cash credit on paying 1800 extra is not making much sense to me.
SBI SimplyCLICK doesn’t give cash credits but got 1.25% or 2.5% rewards at 1st year fee of 499+GST.
Yatra GC can be bought at 10% discount on Amazon and Amazon GCs can further be bought at 5-10% discount on magicpin / MobiKwik. So, even these 10K vouchers are actually not worth 10K. Moreover, if you use vouchers to make payment on yatra then you lose all other offers that you could have availed without using these vouchers.

This Indus Iconia Amex card becomes LFT even if we do not spend anything on this card after getting it?

No Amex lounges are superior to Normal Visa/Master/Priority Pass Lounges, they have special chefs who will make you dishes, unlike other lounge where you need to pick items from buffet, here you get a menu and choose like a restaurant

you just need to spend 90,000 in order to cover your initial investment of 1800, after that rewards are yours

Yes it is life time free without any spend conditions once you have paid joining fees

A2z1
Community Angel
418
34688
454
Expand
sardasa wrote:

@karanoshan mentioned that after paying joining fee of Rs. 11,800 it will be LTF

Oye Kake
…after paying how is this LTF?

LTF means no Joining no Annual

Indusind card mostly have onetime Joining fees

Cropped 749861292
Deal Subedar
129
1539
23
Expand
A2Zdeals wrote:

Oye Kake
…after paying how is this LTF?

LTF means no Joining no Annual

Indusind card mostly have onetime Joining fees

Haan, I know that.
I was referring to no yearly fee after paying joining fee

Cropped 749861292
Deal Subedar
129
1539
23
Expand
karanoshan wrote:

No Amex lounges are superior to Normal Visa/Master/Priority Pass Lounges, they have special chefs who will make you dishes, unlike other lounge where you need to pick items from buffet, here you get a menu and choose like a restaurant

you just need to spend 90,000 in order to cover your initial investment of 1800, after that rewards are yours

Yes it is life time free without any spend conditions once you have paid joining fees

What’s the name of Amex only lounge on Delhi Airport? Is it on T3 only or T1 & T2 as well? How many such visits are free per year?

A2z1
Community Angel
418
34688
454
Expand
sardasa wrote:

Haan, I know that.
I was referring to no yearly fee after paying joining fee

bhai thoda sar dard sa hone laga mera
kaan aise pakad ya waise
ek sawaal ek jawaab
ab uski khichdi kya banana
tujhe nahi khani to jabardasti thodi hai

4onrgc1
Deal Subedar
113
1093
36

charges 10k.. sad i have indus iconia amex.. iconia visa .. both are LTF

Cropped 749861292
Deal Subedar
129
1539
23
TEMPER wrote:

charges 10k.. sad i have indus iconia amex.. iconia visa .. both are LTF

You paid 1 time joining fee of 10K + GST on each card to get these two cards?

A2z1
Community Angel
418
34688
454
TEMPER wrote:

charges 10k.. sad i have indus iconia amex.. iconia visa .. both are LTF

they must have paid you much more then that for taking their card wink

Missing