Indusind Platinum and Legend being offered as LTF by moneymantra

[BMR]

Hi Guys

So I got a call from Moneymantra and they have this to offer :



1. *Platinum Aura Edge Card*
*@Features*

* This is *Life Time Free* Card.
* Upto 4 Reward Point If You Spend Rs.100/-
* 1 Reward Point= 50 Paisa in Terms of Cash & You Adjust in Bill Also.
* Lowest Rate of Interest If Converter in EMI
*Only Upto 12%*.
* 1% Wave Fuel Surcharge.
* Daily Base Online Offers Provide through Mail or Message.
* Auto Assist Feature.

2. *Signature Legend Credit Card*
*@Features*

* This is *Life Time Free* Card.
* Mon to Fri, If Spend 100/- then Received 1 Reward Point.
* Sat & Sun, If Spend 100/- then Received 2 Reward Point.
* *Value of 1 Reward Point*= Rs 1.
* Auto Assist Feature.
* *Free Domestic Airport Lounge 2 Per Quarter & 8 Annually*.
* Book My Show Movie Ticket Offer *Buy 1 Get 1 Free 2 Times in a Month*.
* 1 Free Golf Access 1 Time in a Month.
* You Get Anniversary Gift 4000 Reward Points If You Spend 6 Lakh in Annual.

They say it will be issued as LTF based on my cibil and that there will be no hard enquiry.

Is it true that they can offer LTF and without hard cibil check ? And is it advisable to go via this intermediary ? On indusind website , it shows the joining fee as10k.

 

[007]

Hi Guys

So I got a call from Moneymantra and they have this to offer :



1. *Platinum Aura Edge Card*
*@Features*

* This is *Life Time Free* Card.
* Upto 4 Reward Point If You Spend Rs.100/-
* 1 Reward Point= 50 Paisa in Terms of Cash & You Adjust in Bill Also.
* Lowest Rate of Interest If Converter in EMI
*Only Upto 12%*.
* 1% Wave Fuel Surcharge.
* Daily Base Online Offers Provide through Mail or Message.
* Auto Assist Feature.

2. *Signature Legend Credit Card*
*@Features*

* This is *Life Time Free* Card.
* Mon to Fri, If Spend 100/- then Received 1 Reward Point.
* Sat & Sun, If Spend 100/- then Received 2 Reward Point.
* *Value of 1 Reward Point*= Rs 1.
* Auto Assist Feature.
* *Free Domestic Airport Lounge 2 Per Quarter & 8 Annually*.
* Book My Show Movie Ticket Offer *Buy 1 Get 1 Free 2 Times in a Month*.
* 1 Free Golf Access 1 Time in a Month.
* You Get Anniversary Gift 4000 Reward Points If You Spend 6 Lakh in Annual.

They say it will be issued as LTF based on my cibil and that there will be no hard enquiry.

Is it true that they can offer LTF and without hard cibil check ? And is it advisable to go via this intermediary ? On indusind website , it shows the joining fee as10k.

I applied directly via IndusInd's website and got it without any fees. It will show you the offers and fees applicable. You can try the same method, would be better than going through any third-party website.

Link:

IndusInd Bank

induseasycredit.indusind.com

 

[skvignesh]

I applied directly via IndusInd's website and got it without any fees. It will show you the offers and fees applicable. You can try the same method, would be better than going through any third-party website.

Link:

IndusInd Bank

induseasycredit.indusind.com

will it do cibil enquiry 1st itself or after creating application number?

 

[repertoire]

* Mon to Fri, If Spend 100/- then Received 1 Reward Point.
* Sat & Sun, If Spend 100/- then Received 2 Reward Point.
* *Value of 1 Reward Point*= Rs 1.
* Auto Assist Feature.
* *Free Domestic Airport Lounge 2 Per Quarter & 8 Annually*.
* Book My Show Movie Ticket Offer *Buy 1 Get 1 Free 2 Times in a Month*.
* 1 Free Golf Access 1 Time in a Month.
* You Get Anniversary Gift 4000 Reward Points If You Spend 6 Lakh in Annual.

Wait, 1 RP = 1 INR?
I thought IndusInd devalued their RP conversion rate to 0.75 INR. Are people getting 1% and 2% on weekdays and weekends respectively?

 

[007]

will it do cibil enquiry 1st itself or after creating application number?

Not sure about that as I don't have CIBIL's paid subscription to get notified.

Wait, 1 RP = 1 INR?
I thought IndusInd devalued their RP conversion rate to 0.75 INR. Are people getting 1% and 2% on weekdays and weekends respectively?

Yes, 1 RP = 0.75 INR now.

 

[Harry1]

Not sure about that as I don't have CIBIL's paid subscription to get notified.


Yes, 1 RP = 0.75 INR now.

On Pay with Rewards, it is still 1rs and without redemption charges. But only 50% can be redeemed in one go.

 

[007]

On Pay with Rewards, it is still 1rs and without redemption charges. But only 50% can be redeemed in one go.

Yeah, I am aware of the Twid redemption option. But I am talking about redemption using IndusInd portal.

 

[Kkram]

Yeah, I am aware of the Twid redemption option. But I am talking about redemption using IndusInd portal.

No redemption fees is 99+gst. And point value is 0.75 only on cash redemption in credit card statement. Recently I had redeemed points in the legend credit card.