Already they have horrible Rewards system and they want to revise it now. Good decision to reduce the customers.
Premium Cards Pinnalce/Legend provide 2% cashback but normal cards like Flipkart/Ace provide 2% cashback. So nothing excellent from Indus Ind.
From 1st March 2024, the value of non-cash redemption (excluding airmiles) will be 1 RP = Rs.0.75
From 1st March 2024, the value of cash redemption will be 1 RP = Rs.0.50