https://www.desidime.com/comments/permalink/9513661
@abhishek012 bhai ki Khushi ka thikana nahi
IDFC Debit Card Rewards Point devalue
IDFC Debit Card Rewards Point devalue:
Please note: Payment to Mutual Funds, Insurance, Financial Institutions, Security Brokers, Dealers, Wallet Uploads, Quasi Cash, ATM Withdrawals, Credit Card Payments and Account Transfers transactions are not a part of FIRST Rewards program.
The transaction categories are identified through Merchant Category Codes (MCC), defined by the network, e.g. Visa, MasterCard and RuPay.
IDFC FIRST Bank does not define the merchant category. The merchant category codes that are excluded from FIRST Rewards Program are mentioned below:
Merchant Codes |
Merchant Categories |
|
6300 |
INSURANCE SALES AND UNDERWRITING |
|
6012 |
FINANCIAL INSTITUTIONS - MERCHANDISE & SERVICES |
|
6211 |
SECURITY BROKERS/DEALERS |
|
6051 |
QUASI CASH |
|
6540 |
WALLET UPLOAD |
- Groups
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Finance
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Credit Card
Disclaimer
We are not SEBI/IRDA registered. The information provided herein is for education purposes only. We will not be responsible for any of your profit/loss with this channel's suggestions. Consult your financial advisor before making any decisions.
Deal Wiki
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Created by : abhishek012
IDFC debit card still offer reward points on mobikwik for credit card bill repayment.
This transaction count under Utility bill payment.
For incremental 10X,
Online( CC Payment)
Classic
Till 20K - 0.33%
After 20K - 1.84%
Eg: For 2 Lakh, total cashback Rs.3378
Select
Till 1L - 0.50%
After 1L - 2%
Eg: For 2 Lakh, total cashback Rs.2500
Wealth
Till 1.5L -0.67%
After 1.5L - 2.17%
Eg: For 2 Lakh, total cashback Rs.2090
Private
Till 2L - 1%
After 2L - 2.34%
Eg: For 2 Lakh, total cashback Rs.2000
Top Comments
just saying
https://www.desidime.com/comments/permalink/9514147
Mujhe yeh pahele se pata tha hoga.
Everyone must use RBL Signature+ debit card, best debit card ever.
Everyone must use RBL Signature+ debit card, best debit card ever.
View 9
more replies
https://www.desidime.com/comments/permalink/9514158
RBL signature+ is beneficial if you can waive off your renewal fees.
@abhishek012 can we take this card without opening an RBL bank account? 🤣
my RBL account is kind of frozen.
https://www.desidime.com/comments/permalink/9514192
Spend 3 lakhs annually and renewal fees wavier.
https://www.desidime.com/comments/permalink/9514165
@abhishek012 Instead of posting this kind of news from your main account, create a secondary account and use that 😂
and post good news from this account only.
Or keep it balanced, with 1 bad news, post 1 good news, or alternatives as well.
https://www.desidime.com/comments/permalink/9514220
Anyone received any points for 24 or 25 aug txns?
https://www.desidime.com/comments/permalink/9514264
just to know the curiosity of this trick...
please share how much reward you earned.
View 2
more replies
https://www.desidime.com/comments/permalink/9514310
@abhishek012 so no normal debit or credit card which provides cb for insurance etc.?
https://www.desidime.com/comments/permalink/9514358
Use SBI Cashback Credit Card na ? and get 5% cashback upto Rs5000.
First buy Amazon gv upto 1 lakh (depend on your LIC/Insurance premium amount) and use on Amazon to pay.
Where to buy upto 1 lakh Amazon gv using 5% SBI Cashback Credit Card ?
Here - https://www.desidime.com/discussions/trick-to-g...
First buy Amazon gv upto 1 lakh (depend on your LIC/Insurance premium amount) and use on Amazon to pay.
Where to buy upto 1 lakh Amazon gv using 5% SBI Cashback Credit Card ?
Here - https://www.desidime.com/discussions/trick-to-g...
View 6
more replies
https://www.desidime.com/comments/permalink/9514321
Made 21k points
Too bad. It was too good an offer anyways!
https://www.desidime.com/comments/permalink/9514714
IDFC could have got more customers had they used the money to sponsor bcci to keep this reward rate
https://www.desidime.com/comments/permalink/9515249
Will it give rewards for cheq app payments???
https://www.desidime.com/comments/permalink/9515684
So now no reward points if we pay cc bills on mobikwik, Paytm, cheq, cred using IDFC Debit card?
https://www.desidime.com/comments/permalink/9515703
Mobikwik cc bill pay transaction comes under Utility/Telecom.
Other merchant try and check.
View 14
more replies
https://www.desidime.com/comments/permalink/9516014
Hey Just Now Thinking To Ask You , 2 Days Back Paid Credit Card Bill But Not Received Points... Thanks For Creating Post 😄 And What Is UNDER WRITING ??
https://www.desidime.com/comments/permalink/9516075
today i received rewards, paid via mobikwik
https://www.desidime.com/comments/permalink/9516056
Main to next month ka wait Kar raha tha.. all cc paid karne ka.. is month ka to ho gaya sara.. ab kya kya bacha hai?
https://www.desidime.com/comments/permalink/9516074
use mobikwik for bill payment, its working..
View 1
more reply
https://www.desidime.com/comments/permalink/9517142
TO AB KYU BATA RAHE ....JAB TAK CHAL RAHA THA TO EK SPECIFIC post DAAL DETE ....
https://www.desidime.com/comments/permalink/9517906
Anyone tried on cred or cheq ??
Still getting rewards??
https://www.desidime.com/comments/permalink/9518069
I heard paytm and mobikwik still working.
No idea about cheq and cred.
No idea about cheq and cred.
View 5
more replies
https://www.desidime.com/comments/permalink/9519058
Was too good to be true but earned more than 15k in 2 months. Was expecting, so paid majority of card payments last week but still have to pay around 1 Lac in coming week.
https://www.desidime.com/comments/permalink/9520899
15k worth RPs or 15k RP as 15k worth RPs seem too much unless you paid 7-8lakh+ of bills?
View 3
more replies
https://www.desidime.com/comments/permalink/9519277
Someone confirm if getting rewards for cheq?
https://www.desidime.com/comments/permalink/9519857
Someone confirm if getting rewards for cheq?
https://www.desidime.com/comments/permalink/9519903
Yesterday did txn on mobikwik for cc payment.,no points receieved
https://www.desidime.com/comments/permalink/9520223
I opened an account recently with 25k MAB. Did a cc payment of 40k yesterday via paytm. Got the 500 cashback in account (2% offer). But haven't received the reward points yet.
https://www.desidime.com/comments/permalink/9520229
Anyone got points for txn done one on 24th???
View 4
more replies
https://www.desidime.com/comments/permalink/9520581
Not received a single reward points from last week transaction on cheq
https://www.desidime.com/comments/permalink/9520770
Not receiving any reward points from last week's transaction on Paytm. Looks like it's game over for IDFC DC
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Reply
Is this better than HDFC Platinum debit card? If yes.. some more info please..
Yes.
Return Ratio: If you max. out the spends, i.e. 1L per month X 12= 12L in a year, you receive:
Total= 17K on an effective joining fee of (5900-5000)= 900 INR. Renewal fee anyway will be Zero from next year upon spending 3L+ in previous year.
Best Value: If your spends aren’t that high, hitting 5L in a year is the sweet spot.
In 1st year You get 5K Monthly + 5K Annual benefit = (10K-900)/5L ~ 1.82%
And next year onwards you get (5K + 5K)/5L ~ 2%
If you spend more than 12L in a year, return value goes downwards. As you can see, this card holds good till annual spends of 12L max only (preferably 1L per month spend with minimum 10K in a month to earn cashbacks as GV)
GVs available: Wide range of GVs with multiple price points are available for redemption against both Welcome/ Monthly benefits. Notable ones are Amazon, Flipkart, Croma, Bigbasket etc.
If you want to know where you spend RBL Signature+ debit card -
Paytm app - direct use debit card for cc bill repayment or Paytm wallet load
mobikwik app - cc bill repayment
Bajaj app - cc bill repayment
Payzapp app - cc bill repayment
Cred app - cc bill repayment (pay more than Rs50,001+ or selected user 10,001+ and get debit card option)
Amazon full kyc wallet - load and spend anywhere via Amazon wallet UPI for bank transfer/cc bill repayment or merchant transaction via UPI.
IDFC debit card still offer reward points on mobikwik for credit card bill repayment.
This transaction count under Utility bill payment.
For incremental 10X,
Online( CC Payment)
Classic
Till 20K - 0.33%
After 20K - 1.84%
Eg: For 2 Lakh, total cashback Rs.3378
Select
Till 1L - 0.50%
After 1L - 2%
Eg: For 2 Lakh, total cashback Rs.2500
Wealth
Till 1.5L -0.67%
After 1.5L - 2.17%
Eg: For 2 Lakh, total cashback Rs.2090
Private
Till 2L - 1%
After 2L - 2.34%
Eg: For 2 Lakh, total cashback Rs.2000