Recent content by catcat

Maybe 60% of the times. When it came, it came within 45 days of the booking. If not, try to escalate all the way to the ombudsman.

Since I wasn't travelling all that much by train (and HDFC Infinia gives comparable reward points via smartbuy from train travel), I asked to change my SBI IRCTC premier card to something else. They could provide no option. So I put in a request to cancel the card. Got a call, I explained the...

There has been a devaluation. Starting June 1, government spends no nonger get reward points. Pity - I guess SBI was the last major service provider to provice RPS for govt tansactions. I used it for NPS (for myself, and other family members using addon cards). Also for things like urban...

Can someone having SBI Air India Premier switch to SBI Vistara Prime? The reason I'm evaluating this is I want to hold onto the silver membership (I got Gold from Axis CV, and then I surrendered, so it got downgraded after 1 year)

Nope. Anything less than a whole number is dealt with as follows - The fractional entitlements get pooled, and are held by a trust. The trust then sells the shares, and then the proceeds are given back in proportion to the fraction held. Here's the scheme of arrangement, see point 7.6. It...

That means it has been partially applied? 10% is already in force. But we still get 12.99% for the tenures mentioned.

Anyone who was holding Edelweiss shares as on June 2, 2023 would be entitled to shrares of Nuvama, after the demerger. The proceeds from the sale of fractional shares were supposed to be given back to the investorors. Has anyone got the amount for those fractional shares? And if so, when? I...

This is a bit confusing. App is showing the above, but the whatsapp message says We need to invest and check!

True. But seems "plus" has become more attractive. Now you get 12.99% for 3/6/9 monts also. In the past, one only got for 12 months.

On another thread, I had asked whether one can invest one's savings with one's spouse, and its implications. There are various implications like clubbing of interest income, treatign it as a loan with interest, etc. Now, it so happens that my wife is employed by the government of Rajasthan, and...

A titan has fallen. SBI Air India signature, one of the best cards for paying rent, will no longer accrue reward points for rent payment after April 15. My cards which still give points for rent payment are 1. SBI IRCTC premier 2. IDFC first select. They give 0.8% and 0.6% rewards...

One of the best cards for this, SBI Air India of signature, just announced that they will stop accrual of points post April 15, 2024.

The first casualty... Though if one nitpicks, non-accrual of points for rent payment is nothing new, though the timing is suspicious. Wonder if rent will still qualify for milestones. .

Reg. rent, factor in the fact that there's a 30% standard deduction. So even if parents are in 30%, they get taxed at 21.xx%. Gifting to parents should be fine, but gifting to spouse attacts clubbing provisions, which has been discussed on other threads.

Not defending them, but stability of banking system is also RBI's responsibility. Allowing rent payments on CC leads to deferment of rent payment, which probably leads to higher discretionary consumption, but also increases indebtedness of households (not everybody is a points hunter - there...