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HDFC silently introduced ₹50 Cashback Redemption charges effective 1st Aug - Millennia

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IamRage

₹50 Cashback Redemption charges effective 1st Aug, plan to redeem before that, mainly impacts Millennia credit card


Cashback Redemption Charges: ₹50 per cashback redemption (Excluding Infinia , Infinia (Metal Edition), Diners Black, Diners Black (Metal Edition), Biz Black, Biz Black (Metal Edition), Tata Neu Infinity, Tata Neu Plus, Swiggy , Flipkart Wholesale ,Marriot Bonvoy,

IndiGo 6E Rewards, IndiGo 6E Rewards XL ,Intermiles)

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Generous Generous
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@IamRage

I remember there's a monthly max cap for redemption of points

Am i right bro?

Coupon Connoisseur Coupon Connoisseur
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@Gauravmittal49589

yes, max 3000 cashpoints in a calendar month and minimum CashPoint balance required for redemption against the statement balance is 500 CashPoints

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Generous Generous
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Is there any expiry of cashback points for millennia cc

Coupon Connoisseur Coupon Connoisseur
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Reward Points/CashPoints are valid only for 2 years from the date of accumulation. e.g.: - if you have received Reward Points in the month of May 2015, then the same will expire in May 2017


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Deal Subedar Deal Subedar
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ya this happened at recent HDFC update / devaluation series of HDFC credit cards
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Flame Flame
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Nothing for debit card right?

Flame Flame
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do we get RP for Tata Neu cc?

Deal Cadet Deal Cadet
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Nothing silent about it. Got proper mail from HDFC informing about it.

Savings Mentor Savings Mentor
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End of an era: 2019 - 2024.

From what I could find via Google News and past articles, HDFC Millennia launched in August 2019 on Mastercard only initially apparently, after Amazon Pay ICICI launched in Nov 2018 and Flipkart Axis launched in July 2019. And while those two have not been devalued for its CORE reward offering (5% unlimited on Amazon and 5% unlimited on Flipkart), Millennia is now getting second-class treatment.

They already take processing fee on SmartBuy for Amazon Pay voucher and now ₹50+GST for points redemption. Millennia devaluation has begun

Like Magnet Like Magnet
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What the URL to redeem HDFC CC Reward Points?

Coupon Connoisseur Coupon Connoisseur
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For Millenia - Netbanking > Cards> Credit Cards>Enquire>Redeem reward points
for other cards you can do it via  Privileges  tab from https://offers.smartbuy.hdfcbank.com/v1/...ou
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