Credit Cards whose RP can be redeemed on POS

[TheGuyTheGuy is verified member.]

But the same should not be done

- Amex
- Axis

 

[Anupama_Jha]

But the same should not be done

Why ? Instead of selling at 1₹ or 0.70 paise, it's better to redeem for 1:1 rupee without any hassle.

- Amex
- Axis

Especially on PineLabs POS👏🏻

 

[TheGuyTheGuy is verified member.]

Instead of selling at 1₹ or 0.70 paise

I believe for Amex it is even worse. Must be equal to 1MR=₹0.25 (Statement Credit).

Inputs on thread @helloworld @Vasuki ?

 

[hellowo₹ld]

I believe for Amex it is even worse. Must be equal to 1MR=₹0.25 (Statement Credit).

Inputs on thread @helloworld @Vasuki ?

yes, its 0.25p for amx.
0.20p for axs.
0.25p for idcf if option shown during swipe
0.35p for citi if sms came after eligible tran
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why do you want to redeem for pos? all banks gives less value if redeemed for pos rather go for statemt credit which is same as pos redemption.

 

[Anupama_Jha]

yes, its 0.25p for amx.
0.20p for axs.
0.25p for idcf if option shown during swipe
0.35p for citi if sms came after eligible tran
-----

why do you want to redeem for pos? all banks gives less value if redeemed for pos rather go for statemt credit which is same as pos redemption.

Atlas gives 1:1

 

[TheGuyTheGuy is verified member.]

why do you want to redeem for pos?

I don't. Just saw some threads where someone was collecting MR and ER, and Cashier- just to 'give discount' or idk what, redeemed RP. This is just compilation post to be aware when using banks that allow.

I don't think SBI allows. Indus should I guess.