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Tata Neu offering 5% additional neu coins on gift card

Answer New
Tata Neu has now started showing the overall reward rate for GVs (including 5% coins from Tata Neu Infinity Card statement cashback)

(instant neucoins brand specific + 5% in Neucard statement).

That is why we see 5.5% for Amazon shopping vouchers.
So, you'd receive 0.5% back instantly in Tata Neu app (brand cashback) and 5% later in card statement as usual. [if purchased with Tata Neu infinity card]
This is why people who bought 10k ASV got only 50 Neucoins instantly.


Earlier Tata Neu used to show 0.5% for ASV.
Now it has included Tata Neu Infinity 5% cashback in the app.

1748181569691.webp


The same is applicable to all other vouchers available on the app.
So whenever you see a gift card, subtract 5%, and you'd get your instant cashback percentage. [that you'd get instantly using any other card or UPI]
The remaining 5% is only credited to Tata Neu card if used.


Also regarding SBI CB Card, it seems that the MCC is now 5947, which is not eligible for SBI Cashback.
Ref: https://www.technofino.in/community...g-10-discount-on-gift-card.41150/post-1025987


@mods
@sidp @cardio_guy @Vasuki

Request you to mark this as solution and close the thread. As the repeated discussion is only causing more confusion and chaos.
 
Where did you see them? Can you please post a screenshot?
If you bought Amazon shopping voucher, you'll get 0.5% coins in Tata Neu app -> Neucoins section.

If you bought Amazon Pay GV, you'll not get any instant cashback.

Also you'll receive 5% if you used Tata Neu infinity.
 
Tata Neu has now started showing the overall reward rate for GVs (including 5% coins from Tata Neu Infinity Card statement cashback)

(instant neucoins brand specific + 5% in Neucard statement).

That is why we see 5.5% for Amazon shopping vouchers.
So, you'd receive 0.5% back instantly in Tata Neu app (brand cashback) and 5% later in card statement as usual. [if purchased with Tata Neu infinity card]
This is why people who bought 10k ASV got only 50 Neucoins instantly.


Earlier Tata Neu used to show 0.5% for ASV.
Now it has included Tata Neu Infinity 5% cashback in the app.

View attachment 98367


The same is applicable to all other vouchers available on the app.
So whenever you see a gift card, subtract 5%, and you'd get your instant cashback percentage. [that you'd get instantly using any other card or UPI]
The remaining 5% is only credited to Tata Neu card if used.


Also regarding SBI CB Card, it seems that the MCC is now 5947, which is not eligible for SBI Cashback.
Ref: https://www.technofino.in/community...g-10-discount-on-gift-card.41150/post-1025987


@mods
@sidp @cardio_guy @Vasuki

Request you to mark this as solution and close the thread. As the repeated discussion is only causing more confusion and chaos.
Made it threadmark
Can't do it as answer as it's not a question type thread
 
Tata Neu has now started showing the overall reward rate for GVs (including 5% coins from Tata Neu Infinity Card statement cashback)

(instant neucoins brand specific + 5% in Neucard statement).

That is why we see 5.5% for Amazon shopping vouchers.
So, you'd receive 0.5% back instantly in Tata Neu app (brand cashback) and 5% later in card statement as usual. [if purchased with Tata Neu infinity card]
This is why people who bought 10k ASV got only 50 Neucoins instantly.


Earlier Tata Neu used to show 0.5% for ASV.
Now it has included Tata Neu Infinity 5% cashback in the app.

View attachment 98367


The same is applicable to all other vouchers available on the app.
So whenever you see a gift card, subtract 5%, and you'd get your instant cashback percentage. [that you'd get instantly using any other card or UPI]
The remaining 5% is only credited to Tata Neu card if used.


Also regarding SBI CB Card, it seems that the MCC is now 5947, which is not eligible for SBI Cashback.
Ref: https://www.technofino.in/community...g-10-discount-on-gift-card.41150/post-1025987


@mods
@sidp @cardio_guy @Vasuki

Request you to mark this as solution and close the thread. As the repeated discussion is only causing more confusion and chaos.
If thats the case then it is clearly misleading the way banner is showing. It said you will earn this amount of coins. Then below that it was written earn extra 5% neu coins with neu card. Will complain to national consumer court if they refused to give 😆 😆
 
Made it threadmark
Can't do it as answer as it's not a question type thread
Mate, nobody reads the threadmarker. Ask a senior mod to change the thread type, then mark @knight's answer.

You can also close the thread and update the title, as it's misleading. People will read only the first post and do a transaction.

When they don't receive anything, only then, they start reading the rest of the thread.

//Edit: Thread title changed, peeps can continue their discussion.
 
Last edited:
Mate, nobody reads the threadmarker. Ask a senior mod to change the thread type, then mark @knight's answer.

You can also close the thread and update the title, as it's misleading. People will read only the first post and do a transaction.

When they don't receive anything, only then, they start reading the rest of the thread.
Bro, even though I and many others agree with Knight's answer, still it is premature to say his answer is 100% correct given the changes Tneu app has made recently, along with the term extra 5%.

So, it's better to wait than drawing conclusion so quickly. Who knows more exploration might bring something interesting.

Yes, I do agree with you that thread title can be rectified for better clarity. @SSV @Vasuki @knight @cardio_guy
 
I think the banner on app is misleading however the logic given by @knight makes sense, we will receive 5% neu coins in statement credit, otherwise by this time instant neucoins should have credited in Tata Neu app
 
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