• Hey there! Welcome to TFC! View fewer ads on the website just by signing up on TF Community.

Best way to redeem IDFC CC Reward Points

S

skchamp

TF Buzz
Whats's the best way to redeem IDFC CC Reward Points? Is transfer to Mariott possible?

If not, what redemption provided maximum value? Any help would be appreciated.
 
Sort by date Sort by votes
H

Harry1

TF Legend
VIP Lounge
Verified User
xywowowvw said:
If transaction gets reversed you receive refund and points get credited back to account.

Not sure about this
I have only seen indusind mention not giving points for this
Click to expand...
Mitc says they may block the card itself 😂. Better not to try

IDFC FIRST Bank may also terminate the use of the Card at any time without prior notice,
if it considers it necessary for business or security reasons, which may include but not
limited to delay in payments, usage beyond the credit limit, returned cheque, improper
use of Credit Card (for Foreign Exchange trading, business use, etc.,) misleading or
incorrect information/documents given along with Card application or otherwise, failure to
furnish information or documents as required by relevant laws/regulations (including
identification documents) as may be required under the Bank's/ RBI's Know Your
Customer (KYC)/ Anti-Money Laundering (AML)/ Combating of Financing Terrorism
(CFT) guidelines, if the Card member is involved in any civil litigation or criminal offence /
proceedings by any authority, court of law or professional body or association.

With a view to ensure that the Credit Card is being used as per the regulatory guidelines,
Terms and Conditions and applicable policies of IDFC FIRST Bank, Bank shall have a right to run periodic checks on the Credit Card usage to identify whether there is
excessive utilisation of credit limit beyond the sanctioned limit in one statement cycle,
unusual or excessive utilisation at few select merchants, possible collusion with merchant
and/ or usage towards non-personal/ business-related requirements, overuse/ misuse of

features/ offers/ programs towards accumulation of undue Reward Points/ cashback /
other benefits amongst others. Based on the usage patterns, if any of these is suspected
by the Bank, Bank may take restrictive action on the Credit Card. Such action can be with
immediate effect and may include but not be limited to withdrawal of features/ benefits as
well as complete termination of the Credit Card. If any such action is taken by the Bank,
onus will be on the customer to provide satisfactory proof of bonafide usage to reinstate
the Credit Card and attached features/ benefits as may be deemed fit by the Bank. IDFC
FIRST Bank's decision in this regard shall be final and binding on the customers.
 
Upvote 0 Downvote
S

sxchzy

TF Legend
VIP Lounge
Verified User
Harry1 said:
Mitc says they may block the card itself 😂. Better not to try

IDFC FIRST Bank may also terminate the use of the Card at any time without prior notice,
if it considers it necessary for business or security reasons, which may include but not
limited to delay in payments, usage beyond the credit limit, returned cheque, improper
use of Credit Card (for Foreign Exchange trading, business use, etc.,) misleading or
incorrect information/documents given along with Card application or otherwise, failure to
furnish information or documents as required by relevant laws/regulations (including
identification documents) as may be required under the Bank's/ RBI's Know Your
Customer (KYC)/ Anti-Money Laundering (AML)/ Combating of Financing Terrorism
(CFT) guidelines, if the Card member is involved in any civil litigation or criminal offence /
proceedings by any authority, court of law or professional body or association.

With a view to ensure that the Credit Card is being used as per the regulatory guidelines,
Terms and Conditions and applicable policies of IDFC FIRST Bank, Bank shall have a right to run periodic checks on the Credit Card usage to identify whether there is
excessive utilisation of credit limit beyond the sanctioned limit in one statement cycle,
unusual or excessive utilisation at few select merchants, possible collusion with merchant
and/ or usage towards non-personal/ business-related requirements, overuse/ misuse of

features/ offers/ programs towards accumulation of undue Reward Points/ cashback /
other benefits amongst others. Based on the usage patterns, if any of these is suspected
by the Bank, Bank may take restrictive action on the Credit Card. Such action can be with
immediate effect and may include but not be limited to withdrawal of features/ benefits as
well as complete termination of the Credit Card. If any such action is taken by the Bank,
onus will be on the customer to provide satisfactory proof of bonafide usage to reinstate
the Credit Card and attached features/ benefits as may be deemed fit by the Bank. IDFC
FIRST Bank's decision in this regard shall be final and binding on the customers.
Click to expand...
well they will ask the reason for the same and if you mention that you have a shitty limit and your sepnds are geniune they woulndt have a problem
but if transactions are being done at a sinle merchant then it will get flagged
 
Upvote 0 Downvote
M

meru

TF Buzz
maheshspanicker said:
For cash credit to card, you can select the option to pay with points on the OTP page of a transaction. Money will initially be deducted, but if you opt for the pay with points option, the amount will then be credited back to the card. Use the option for big amount transactions, as the redemption charges do apply for every transaction...
I usually prefer to redeem for AmazonPay vouchers. The best thing is that you can redeem all your points to the last 1 rupee. No multiples of hundred or anything for IDFC.
Click to expand...
Can you provide more details on this?
I mean steps to encash or redeem reward point?
How I can pay the outstanding using reward point?
 
Upvote 0 Downvote
helloworld

helloworld

TF Legend
meru said:
Can you provide more details on this?
I mean steps to encash or redeem reward point?
How I can pay the outstanding using reward point?
Click to expand...

purchase anything on website, and while you enter OTP to complete transaction, select 'pay with points' (that is equal to cash credit in IDFC).

Note: Redemption charges apply.
 
Upvote 0 Downvote
A

anisharya16

TF Select
maheshspanicker said:
For cash credit to card, you can select the option to pay with points on the OTP page of a transaction. Money will initially be deducted, but if you opt for the pay with points option, the amount will then be credited back to the card. Use the option for big amount transactions, as the redemption charges do apply for every transaction...
I usually prefer to redeem for AmazonPay vouchers. The best thing is that you can redeem all your points to the last 1 rupee. No multiples of hundred or anything for IDFC.
Click to expand...
What's the redemption charges?
 
Upvote 0 Downvote
helloworld

helloworld

TF Legend
A random note, IDFC reward points have lifetime validity and in future or atleast as of today no devaluation about it. So, keep it and use when really need it.

Reward cards are ideally to accumulate points for years and redeem at one go, if need to redeem every month then cashback is better option, IMO.
 
Upvote 0 Downvote
You must log in or register to reply here.
Apply For SBI Cashback Credit Card

Similar threads

M
  • Question
IDFC bank credit card reward point redeem at offline store is possible?
Replies
5
Views
115
meru
M
R
  • Question
Best way to redeem IDFC wealth credit card reward points?
Replies
1
Views
1K
yashbhavnani
Y
C
  • Question
Best way to spend 5,000 for IDFC first select card
Replies
3
Views
356
Vasuki
Vasuki
Hisoka
  • Question
Bonus 10k reward points on IDFC card (user specific)
Replies
2
Views
409
Hisoka
Hisoka
bhavyakjain
  • Question
IDFC Select CC to Wealth
Replies
14
Views
928
Sunil R
Sunil R
Top