15 reward points = 3.75% (AU Xcite Credit card)?

[VibhavBilgoji]

i saw all the 2 cards available in the swipe up program
xcite, xcite ace and xcite ultra

and i noticed xcite gives 15 rewards points on groceries and departmental stores
so does that mean it gives 15 x 0.25 = 3.75% cashback?

 

[WhoU]

i saw all the 2 cards available in the swipe up program
xcite, xcite ace and xcite ultra

and i noticed xcite gives 15 rewards points on groceries and departmental stores
so does that mean it gives 15 x 0.25 = 3.25% cashback?

No, it means 3.75 since 15*0.25 is 3.75.

 

[VibhavBilgoji]

No, it means 3.75 since 15*0.25 is 3.75.

Oh sorry. But does it mean it gives 3.75 % effective cashback?
That's pretty high for a ltf card

But I had a regalia cc
I would probably get an xcite ace or ultra
How do I get this lower varient?
I desperately want that 3.75% on groceries and departmental stores

No, it means 3.75 since 15*0.25 is 3.75

 

[WhoU]

This thread has lots of experience on same:

Has anyone tried - AU Swipe Up Program ?

https://www.aubank.in/personal-banking/credit-cards/swipe-up-credit-card-upgrade-program Basically it is a C2C AU Card Application process + you get the card LTF .

www.technofino.in