Should I pre-close this Credit Card EMI and does HDFC Bank reinstate reward points if you pre-close it?

[CosmicCat]

On 17th June, 2025, I bought an electronic appliance from Croma using my Tata Neu Infinity credit card and chose the Low-Cost EMI for 6 months to get around ₹6,000 instant discount, whose summary is as follows:


The total amount debited from my card was ₹37,613.33.

As I'm aware, HDFC provides only 1.5% NeuCoins instead of 5% on only the principal amount (even if it's a Tata brand) once the amount is converted to EMI.

On 20th June, the whole amount (₹37,613.33) was shown as a credit in the statement and converted to EMI, whose summary is as follows:


The total amount that I would have paid after 6 months would be ₹39,747.62 inclusive of GST on the interest amount.

I noticed that if I pre-close it, the whole amount to be chargeable would be as follows:


I want to know:
1. Whether I would get 5% NeuCoins (reward points) if I pre-close this EMI or not (on the amount ₹39,319.64)?
2. How does the pre-closed EMI look like in the statement? Does it mention the name of the merchant?
3. Would it be beneficial if I pre-close it now? I used the EMI option to only get the instant discount.

 

[imdjay]

Guys, I'm still unable to decide what to do: cancel the Low-Cost EMI (Today's the second day after conversion) or pay it for 6 months. Any help would be appreciated.

Sometimes you have to take your own decision and share the findings for other people's benefit
I believe this is one of those scenarios.

 

[Amit_1]

On 17th June, 2025, I bought an electronic appliance from Croma using my Tata Neu Infinity credit card and chose the Low-Cost EMI for 6 months to get around ₹6,000 instant discount, whose summary is as follows:
View attachment 101173

The total amount debited from my card was ₹37,613.33.

As I'm aware, HDFC provides only 1.5% NeuCoins instead of 5% on only the principal amount (even if it's a Tata brand) once the amount is converted to EMI.

On 20th June, the whole amount (₹37,613.33) was shown as a credit in the statement and converted to EMI, whose summary is as follows:
View attachment 101174

The total amount that I would have paid after 6 months would be ₹39,747.62 inclusive of GST on the interest amount.

I noticed that if I pre-close it, the whole amount to be chargeable would be as follows:
View attachment 101175

I want to know:
1. Whether I would get 5% NeuCoins (reward points) if I pre-close this EMI or not (on the amount ₹39,319.64)?
2. How does the pre-closed EMI look like in the statement? Does it mention the name of the merchant?
3. Would it be beneficial if I pre-close it now? I used the EMI option to only get the instant discount.

1. Haven’t tried with Tata Neu, so can’t say
2. It looks like OFFUS EMI,LOAN PRECL,00000
3. You’ll save on emi interest

but if you’re getting 5% cashback on principal amount also, it’s not worth taking the risk to pre-close imo