AU LIT Customizable Features

[krishc]

Anyone who has AU LIT CC, can you please post the prices of all the different features you can add-on in this card ! (e.g. 299+ GST for 10x reward points online for 90 days)
Will decide based on those costs whether to go for that card !

 

[TheMentalist]

 

[TheMentalist]

Yes, since all are from different groups

 

[krishc]

many thanks man

 

[krishc]

are insurance payment excluded or included from the accelarated cashback features ?

 

[Slayer]

@thementalist is this card decent for wallet reloads?

 

[rp0703]

@thementalist is this card decent for wallet reloads?

Yes. I loaded, 10000 (10335 with charges) to paytm and i got 1030 points.

 

[rp0703]

are insurance payment excluded or included from the accelarated cashback features ?

Fuel, Rent, Insurance and cash withdrawal are excluded.

 

[Slayer]

Yes. I loaded, 10000 (10335 with charges) to paytm and i got 1030 points.

Value of the points?

 

[rp0703]

Yes, since all are from different groups

Any idea how 5% additional cashback feature works.

It says 5% additional transactions on all retail spends on achieving spends of Rs. 7500 in 30 days.

That means First I have to spend 7500 in 30 days, and then I'll get 5% on all other transactions after I spent 7500. Right?

 

[rp0703]

Value of the points?

0.25.

You can redeem in number of ways like recharge, gift cards or buy products. Amazon gift card is also available.

 

[Slayer]

0.25.

You can redeem in number of ways like recharge, gift cards or buy products. Amazon gift card is also available.

So you made a loss of like 80 rupis

 

[rp0703]

So you made a loss of like 80 rupis

How ?

 

[Slayer]

How ?

335 as additional charges and 1030 points which is 257 rupis

 

[rp0703]

335 as additional charges and 1030 points which is 257 rupis

First Charges
I added money twice to Paytm wallet, Rs. 10000 each. So, Total Charges 335*2 = 670
Activated Feature for Rs. 299 +GST. That Comes Up to Rs. 352.82

So Total Charges = 1022.82

Now Cash Backs
Received total cash back from Paytm of Rs. 413
Received 1030*2 = 2060 points valued at Rs. 515
Minimum Cash back on CC bill payment of Rs. 10335*2*0.01 = 206

So Total Cash Back = 1134

Net Profit = 1134 - 1022 = 112

I activated this feature 2 days ago. So for the remaining 88 days, I can use this card to earn 2.5% on all online transactions, including wallet loads.

 

[TheMentalist]

Any idea how 5% additional cashback feature works.

It says 5% additional transactions on all retail spends on achieving spends of Rs. 7500 in 30 days.

That means First I have to spend 7500 in 30 days, and then I'll get 5% on all other transactions after I spent 7500. Right?

7500 is also counted towards 5% cb, so total you can spend 10k to get 500 cb max

 

[rp0703]

7500 is also counted towards 5% cb, so total you can spend 10k to get 500 cb max

Did you try it?

 

[TheMentalist]

Did you try it?

Yeah I spend 10k every monthly cycle to get 500 cb

 

[rp0703]

Yeah I spend 10k every monthly cycle to get 500 cb

You do single transaction of Rs. 10k to get cashback. right?

Also, if we enable 10x feature, do we get 10x points also along with 5% cashback ?

 

[TheMentalist]

You do single transaction of Rs. 10k to get cashback. right?

Also, if we enable 10x feature, do we get 10x points also along with 5% cashback ?

yes (can do multiple tnx also) and yes