Convert Payback Points into Cash

Convert Payback Points into Cash

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Deal Newbie
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https://www.mobikwik.com/redeem-payback-...ts
Convert your payback points into cash on e-wallet platform MobiKwik, you can earn Payback points on various online and offline stores like Big Bazaar, Flipkart. Convert these points to get wallet balance on MobiKwik

Expired 14 days
13 Comments  |  
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Deal Subedar
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What is new here?

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adrishya wrote:

What is new here?

The musketeer who posted the deal is new here!

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Deal Cadet
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Hilarious post… It has been there for years now

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Any charges? Usually ICICI will recharge for redeeming pay back points.

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cyresh wrote:

Any charges? Usually ICICI will recharge for redeeming pay back points.

do not redeem payback points at mobikwik
as MK allow to redeem 400 points worth rs 100 per month
and ICICI bank will charge Rs 99+17.82= 116.82 as redemption charges
net loss of rs 16.82

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adrishya wrote:

What is new here?

A new day, a new air, a new thought, a new season, a new world smile

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meragoyou153 wrote:

do not redeem payback points at mobikwik
as MK allow to redeem 400 points worth rs 100 per month
and ICICI bank will charge Rs 99+17.82= 116.82 as redemption charges
net loss of rs 16.82

Not net loss.
Complete loss of 116.82

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It is better to redeem it at BMS , No deduction by ICICI bank.

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sarora wrote:

It is better to redeem it at BMS , No deduction by ICICI bank.

every redemption have a fee of rs 99+ gst 17.82
total of rs 116.82 rs

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meragoyou153 wrote:

every redemption have a fee of rs 99+ gst 17.82
total of rs 116.82 rs

3-4 months ago I redeemed payback points at BMS , no deduction was made by ICICI BANK. Now ICICI BANK ,as per your comment, may changed rules for every redumption anywhere.

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meragoyou153 wrote:

every redemption have a fee of rs 99+ gst 17.82
total of rs 116.82 rs

.

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sarora wrote:

3-4 months ago I redeemed payback points at BMS , no deduction was made by ICICI BANK. Now ICICI BANK ,as per your comment, may changed rules for every resumption anywhere.

wait they deduct such charges in jan

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You can dispute ICICI customer care that NOT all the points u have in your PB card is earned via ICICI transactions / channels…some of them get through other PB partners as well, so technically ICICI have NO legal right to charge on reedemption of those points which are not earned via their channels.
I have done that the very first time and got reversed.
However to avoid wasting my time in these disputes I stopped using PB becasue ICICI don’t have a system to identify which points are from their channels and which from other PB partner channels.

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