Devaluation Revision in the HDFC Bank Credit Card Reward Points Program & Fee structure w.e.f 1st January 2023

[Tosh]

If you are sure to cross 5L then take DCB any day it's still one of the top cards out there if used properly. Also if you can hit 8L you get all those benefits too

 

[Arosaurabh]

Payzapp Redgiraffe comes in insurance category. I think it will still give points.

I know this is going away from 1st Jan'23 but I am struggling with this, registered for first time on redgirraffe in Nov'22 and made first payment of rent and mts on Payzapp through regalia card in Dec'22, but in the credit card statement generated no points credited. Is it something to do with discription "Instapay Non BBPS PAYNOW" I have raised the issue with HDFC team, is there anything in the process that i did wrong, Can anyone please clarify?

 

[Arosaurabh]

I know this is going away from 1st Jan'23 but I am struggling with this, registered for first time on redgirraffe in Nov'22 and made first payment of rent and mts on Payzapp through regalia card in Dec'22, but in the credit card statement generated no points credited. Is it something to do with discription "Instapay Non BBPS PAYNOW" I have raised the issue with HDFC team, is there anything in the process that i did wrong, Can anyone please clarify?

Apologies, didn't realize that Payzapp Redgirraffe is counted as Insurance payment. Thanks for this clarification @Harry1 @TechnoFino, Checked the credit card statement again, reward points for Insurance are shown separately. For now got the points, as you say not sure from Jan'23, Will use Magnus then.

 

[thanix]

For DCB, the yearly Dineout passport membership for welcome and renewal benefit is gone from Feb. Replaced with swiggy one but only for 3 months instead of yearly membership 🙄

 

[Harry1]

For DCB, the yearly Dineout passport membership for welcome and renewal benefit is gone from Feb. Replaced with swiggy one but only for 3 months instead of yearly membership 🙄

Swiggy one is more useful though.

 

[thanix]

Swiggy one is more useful though.

Agreed as it has Dineout also but why 3 months subscription instead of yearly membership?? HDFC will get a medal for this silent devaluations...

 

[Jeevankishor]

As anyone tried paying rent via redgirraffe or cred and received reward points after jan 1st changes ??

 

[Harry1]

As anyone tried paying rent via redgirraffe or cred and received reward points after jan 1st changes ??

Redgiraffe gives, as it is under insurance category.

 

[viveksingh1005]

d

Redgiraffe gives, as it is under insurance category.

did u paid rent from DCB/HDFC card and got the points using RG in January month ?

 

[Harry1]

d

did u paid rent from DCB/HDFC card and got the points using RG in January month ?

Yes

 

[radioactiveguy]

As anyone tried paying rent via redgirraffe or cred and received reward points after jan 1st changes ??

I Paid rent via Redgiraffe via Payzapp using Infinia and got the Reward Points under Insurance category.

 

[Pavan]

I Paid rent via Redgiraffe via Payzapp using Infinia and got the Reward Points under Insurance category.

Is it new Payzapp app or older version ?

 

[radioactiveguy]

Is it new Payzapp app or older version ?

Older Payzapp version. I downloaded the new version to use with my Magnus but apparently I am on the waitlist.

 

[Pavan]

Older Payzapp version. I downloaded the new version to use with my Magnus but apparently I am on the waitlist.

Am on newer version thinking if i need to try

 

[Harry1]

Am on newer version thinking if i need to try

I used on new one and got points.

 

[Pavan]

I used on new one and got points.

So it's still insurance ?

 

[Harry1]

So it's still insurance ?

Yes

 

[caabhi]

If I understand it correctly, HDFC will levy charge of 1% on second rental transaction. Does that mean that there won't be charges on the first transaction?
Considering that Magnus is also will have similar levy from March, what are the members who pay rent using credit card going about it?

As there is no reward points on rent payment only incentive to do the rent payment through card will be if it is counted towards the Spend criteria for reversal of membership fees, or if it is counted towards the spend milestone on CC like Magnus.

What are the view of the other members on this?

 

[CVR]

If I understand it correctly, HDFC will levy charge of 1% on second rental transaction. Does that mean that there won't be charges on the first transaction?
Considering that Magnus is also will have similar levy from March, what are the members who pay rent using credit card going about it?

As there is no reward points on rent payment only incentive to do the rent payment through card will be if it is counted towards the Spend criteria for reversal of membership fees, or if it is counted towards the spend milestone on CC like Magnus.

What are the view of the other members on this?

Rent won’t be counted for monthly milestone in Magnus

 

[caabhi]

Rent won’t be counted for monthly milestone in Magnus

I guess it wont be fruitful to do payment from Magnus just for ER then, considering the 1%+GST charge plus convenience fees collected by service provider.