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How to enroll for HDFC Global Value Program?

harishl20

TF Buzz
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https://offers.smartbuy.hdfcbank.com/offer_details/global-value-program-gvp/19187/Zmykm2o=

Anyone knows how to activate this offer in my DCB? I tried all means that I could but of no avail. Called phone banking, credit card customer care, RM. No one even knows about it and one of phone banker even told that I have an upgrade offer for my credit card from DCB to Diners Millenia. :LOL:
Any help to get this offer activated to my card? I do quite a lot international purchases.
 

sahil678

TF Neo
How was ur experience in exchange rate from diners? Heard they charge 1% extra than visa/mastercard, which makes it 3.36% ? Sometimes even more.

I have AU Zenith with net 0.14% profit. If DCB exchange rate is bad, i will go with AU Zenith to be safe.
Here's what my statement says for the transactions.

Global Value Program = 199INR + 35 (18%GST)

Actual Transaction Message - 18/09/2023 - @83.22USD = 57521.66INR
---------------------------------------------
Statement Charges
18/09/2023 - USD 691.20USD = 58,326.64INR (1940Reward Points)
+
CONSOLIDATED FCY MARKUP FEE - 1,166.53
+
GST @ 18% = 209.98
--------------------------------------------
Total Rewards
Welcome Benefit Global Value = 500 (1st year only)
Rewards = 1940Reward Points
Cashback @ 1%= Waiting for it to reflect in the statement but assuming 583INR
 

Harry1

TF Legend
VIP Lounge
Here's what my statement says for the transactions.

Global Value Program = 199INR + 35 (18%GST)

Actual Transaction Message - 18/09/2023 - @83.22USD = 57521.66INR
---------------------------------------------
Statement Charges
18/09/2023 - USD 691.20USD = 58,326.64INR (1940Reward Points)
+
CONSOLIDATED FCY MARKUP FEE - 1,166.53
+
GST @ 18% = 209.98
--------------------------------------------
Total Rewards
Welcome Benefit Global Value = 500 (1st year only)
Rewards = 1940Reward Points
Cashback @ 1%= Waiting for it to reflect in the statement but assuming 583INR
Google rate on 21st September - 82.86 (assuming this as settlement date)

You got 84.384 after settlement, which is 1.84% higher. Visa/Mastercards are usually around 0.5-0.6% of Google rate. So it is indeed about 1% higher.
 

krish11

TF Premier
VIP Lounge
so any other benefit on doing international transaction using HDFC DCB ?
Even without GVP, you still has get some rewards for foreign transactions.

Most of the cards giving zero mark up has no rewards (like RBL Safari) for those transactions or extremely minimal (like Niyo)

Not aware about Scapia or Uni Cards
 

hundredth

TF Buzz
Even without GVP, you still has get some rewards for foreign transactions.

Most of the cards giving zero mark up has no rewards (like RBL Safari) for those transactions or extremely minimal (like Niyo)

Not aware about Scapia or Uni Cards
Scapia gives no rewards for international spends. RBL world safari offers milestone benefits, so there will be some effective reward for international spends if you cross milestones.
 

krish11

TF Premier
VIP Lounge
Scapia gives no rewards for international spends. RBL world safari offers milestone benefits, so there will be some effective reward for international spends if you cross milestones.

DCB also offers milestone benefits + Positive Rewards ( even after deducting Mark Up Charges)

I keep RBL Safari and IDFC Wealth as back up in case DCB acceptance is an issue.

IDFC Wealth Card can have positive rewards but there are some parameters involved
 

nrj1007

TF Premier
Is GVP discontinued now? Smarybuy page shows it has expired.
I am not sure if they are activating now or not still giving cashback to already activated users. I am still getting the GVP cashback.
When I wanted to activate it, customer care was clueless and told me it not longer exissts. I mailed PNO and they activated it.
You can try mailing to PNO.
 

hundredth

TF Buzz
I am not sure if they are activating now or not still giving cashback to already activated users. I am still getting the GVP cashback.
When I wanted to activate it, customer care was clueless and told me it not longer exissts. I mailed PNO and they activated it.
You can try mailing to PNO.
When did you activate? It was valid until last month as per smartbuy page.
 
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