Points on EMI transactions

[rajgopalsinghal]

Do we get reward points on EMI transactions?

if yes then will I get whole rewards points for a EMI transaaction at once or I will get points as I continue to clear monthly EMI's?

 

[luciferlucifer is verified member.]

usually no. But depends on which card you have

 

[rajgopalsinghal]

usually no. But depends on which card you have

if I use axis magnus/vistara?

 

[gurbina]

You gotta learn how to ask a question if you want answers.
It can vary from bank to bank, and even from credit card to credit card. So if you can't mention specifically which credit card you're talking about then nobody can't help you.

Nonetheless you can go to your bank's specific credit card page and read the TnC. You'll find it there.

For both Magnus and Vistara they're excluded.

https://www.axisbank.com/docs/default-source/default-document-library/cv-points-terms-and-conditions.pdf

Also be aware that EMI could be excluded from points earning also based on the type of purchase ( i.e. gold, jewelry, insurance, fuel, etc or even certain MCC codes) which also depends on card to card basis.

 

[rajgopalsinghal]

You gotta learn how to ask a question if you want answers.
It can vary from bank to bank, and even from credit card to credit card. So if you can't mention specifically which credit card you're talking about then nobody can't help you.

Nonetheless you can go to your bank's specific credit card page and read the TnC. You'll find it there.

For both Magnus and Vistara they're excluded.

https://www.axisbank.com/docs/default-source/default-document-library/cv-points-terms-and-conditions.pdf

Also be aware that EMI could be excluded from points earning also based on the type of purchase ( i.e. gold, jewelry, insurance, fuel, etc or even certain MCC codes) which also depends on card to card basis.

thanks, for answering rudely. pls leave moral teaching with admins.

 

[netsec]

I think only Amex do not reverse the reward points, rest all banks do reversal of reward points once the transaction is converted into EMI.