The universe is against me

[narun2001]

I joined technofino recently and discovered a lot of things and here's a what happened.

1. I found out that with M4B, I could get 8.64% reward rate on all spends if transferred to Accor and for the kind of spends I make, it makes more sense than my infinia, so I made M4B my primary card from Infinia from Feb. Also got to know about how it gives reward points for insurance transactions and accelerated points for > 1.5L spends. Boom, It got devalued.
2. Found that for tax payments, I can use Atlas for 7.2% rewards on Accor. Received the card on Mar 19 morning and it got devalued in evening.
3. Found that IDFC Wealth also offers rewards on tax payments. That also got devalued this week.
4. Opened account with RBL Bank last month for getting rewards on paying CC bill payment with SGP and EDC and it got devalued this week.

The last time I had applied for a credit card before the March 2024 was roughly 15 months back and in the last one month, I got 3 credit cards and 2 debit cards. 4 got devalued. The only thing that hasn't gotten devalued is Indusind Pinnacle which I got for making my exclusive account 0 MAB. Now, I'm looking at my inbox everyday for mails from Indusind bank for the devaluation. 🙄

 

[VasukiVasuki is verified member.]

 

[varun__goel_]

 

[champaklal]

Indusind Pinnacle:

 

[Deleted member 2540]

 

[msankadi]

I joined technofino recently and discovered a lot of things and here's a what happened.

1. I found out that with M4B, I could get 8.64% reward rate on all spends if transferred to Accor and for the kind of spends I make, it makes more sense than my infinia, so I made M4B my primary card from Infinia from Feb. Also got to know about how it gives reward points for insurance transactions and accelerated points for > 1.5L spends. Boom, It got devalued.
2. Found that for tax payments, I can use Atlas for 7.2% rewards on Accor. Received the card on Mar 19 morning and it got devalued in evening.
3. Found that IDFC Wealth also offers rewards on tax payments. That also got devalued this week.
4. Opened account with RBL Bank last month for getting rewards on paying CC bill payment with SGP and EDC and it got devalued this week.

The last time I had applied for a credit card before the March 2024 was roughly 15 months back and in the last one month, I got 3 credit cards and 2 debit cards. 4 got devalued. The only thing that hasn't gotten devalued is Indusind Pinnacle which I got for making my exclusive account 0 MAB. Now, I'm looking at my inbox everyday for mails from Indusind bank for the devaluation. 🙄

Please let me know which card are you applying for next. I will save myself the trouble of applying for that 😜😜

 

[SSV]

I joined technofino recently and discovered a lot of things and here's a what happened.

1. I found out that with M4B, I could get 8.64% reward rate on all spends if transferred to Accor and for the kind of spends I make, it makes more sense than my infinia, so I made M4B my primary card from Infinia from Feb. Also got to know about how it gives reward points for insurance transactions and accelerated points for > 1.5L spends. Boom, It got devalued.
2. Found that for tax payments, I can use Atlas for 7.2% rewards on Accor. Received the card on Mar 19 morning and it got devalued in evening.
3. Found that IDFC Wealth also offers rewards on tax payments. That also got devalued this week.
4. Opened account with RBL Bank last month for getting rewards on paying CC bill payment with SGP and EDC and it got devalued this week.

The last time I had applied for a credit card before the March 2024 was roughly 15 months back and in the last one month, I got 3 credit cards and 2 debit cards. 4 got devalued. The only thing that hasn't gotten devalued is Indusind Pinnacle which I got for making my exclusive account 0 MAB. Now, I'm looking at my inbox everyday for mails from Indusind bank for the devaluation. 🙄

There is nothing wrong with you ..
Just bad timing.. you were caught in the wrong part of CC reward/devaluation Cycle....

Right place at wrong time.. See you in two years time.. hope things get better...

 

[narun2001]

Please let me know which card are you applying for next. I will save myself the trouble of applying for that 😜😜

Was planning to get a Rupay credit card for UPI transactions and realised that Tata Neu Infinity gives 5% rewards on insurance payments. Planning to wait and get it exactly 4 minutes before when I have to make my next insurance transaction.

 

[narun2001]

There is nothing wrong with you ..
Just bad timing.. you were caught in the wrong part of CC reward/devaluation Cycle....

Right place at wrong time.. See you in two years time.. hope things get better...

Yes, actually M4B still is valuable for me even after the devaluations. And actually i got extremely lucky because I applied for M4B conversion in Jan with my relationship with Citi and got the card just before the deadline for getting it in LTF. Realised about the deadline for LTF only after getting the card. So i got lucky there 🙂

 

[SSV]

Was planning to get a Rupay credit card for UPI transactions and realised that Tata Neu Infinity gives 5% rewards on insurance payments. Planning to wait and get it exactly 4 minutes before when I have to make my next insurance transaction.

now you want to time your CC acquisition.. all the best ..!!

 

[SSV]

Yes, actually M4B still is valuable for me even after the devaluations. And actually i got extremely lucky because I applied for M4B conversion in Jan with my relationship with Citi and got the card just before the deadline for getting it in LTF. Realised about the deadline for LTF only after getting the card. So i got lucky there 🙂

Well done .. At least some part luck there for you ..

 

[Pollex]

Bhai tum please lagatar update dete raho apne banking aur stock transactions ka.

 

[Predator]

Kuch Havan , Shanti Paath vagarh karvao yaar ghar mein..

 

[narun2001]

Bhai tum please lagatar update dete raho apne banking aur stock transactions ka.

Only index funds 🙂

 

[Pollex]

Only index funds 🙂

Bhai tum hi ne Bank Nifty ko giraya tha kya pichle mahine?

 

[narun2001]

Well done .. At least some part luck there for you ..

Yes, atleast most of the bad luck got diverted to other cards than my current primary 😀

 

[Predator]

Bro, Now please buy Axis Bank's stocks..
It's a humble request, Please

 

[Pollex]

Jokes aside bro pay some more tax this FY so that it gets devalued as well. Help out the entire nation.

 

[Pollex]

Bro, Now please buy Axis Bank's stocks..
It's a humble request, Please

Axis kyu kharidna hai baka. Hdfc lelo.

 

[narun2001]

Bro, Now please buy Axis Bank's stocks..
It's a humble request, Please

Nooo... don't want them devaluing the card any further