Reward points are the loyalty points earned every time when the credit card or debit card is used online or swiped offline. These reward points can be redeemed to book Hotels, Flights, Bus tickets online. Some banks allow using these Reward Points for buying eCommerce gadgets too.
Generally, Reward Points (RP) are credited for every 50, 100, 150 or 200 rupees spent on the card. Each credit card has a different reward points structure. Each reward point has a conversion value.
It’s very interesting to see HDFC is adding more products to the SmartBuy portal. SmartBuy already has Flights, Hotels, Experience, Amazon and Flipkart. Since this year is HDFC’s 25th anniversary the 10X Reward Points is extended to most of the credit cards, debit cards, and PayZapp mobile app.
redBus is India’s best online bus ticket booking platform which connects bus travellers with around 2500 bus operators across the country.
redBus was part of 10X reward points partner on Diners Club during last and this year. I should say that I was really using it for almost all my intercity travels. I really felt missed when the partner was discontinued a few months back. And now, I’m super happy to know that HDFC has understood its customers need and had launched bus booking on a large scale and extended 10X reward for all its cardholders.
When I first applied for Credit Card in 2013, it was rejected saying I’m not over 23 to apply.
As soon as I turned 23, on the same day I applied for my first credit from HDFC. It was an HDFC MoneyBack Credit Card, I had no clue on reward points, lounge access or Insurance. I just had it for the feeling of holding one.
One of the best super premium credit cards from HDFC is Dinersclub Black. The reason for it being one of the most wanted credit is the HDFC diners club credit card benefits such as unlimited lounge access and currently running 10X reward points.
One of the main reason for me to hold on to Dinersclub credit card though they have lesser acceptance than VISA and MasterCard is 10X reward points only.
All the Dinersclub credit cardholders are eligible for SmartBuy and 10x Partners rewards.
Dineout is one of the best restaurant table booking app in India. Dineout was founded in 2012, it simply meant allowing diners to reserve a guaranteed table at the top restaurants in the city and was acquired by Times Internet Limited in 2014. Times Internet is India’s largest digital products company and the digital venture of Times of India.
According to the company, it provides online reservations for about 6,000 restaurants around the country and serves over 2 crore diners across 11 cities.
Use Dineout to find best restaurants, deals, discounts and offers in:
The loyalty membership program of Dineout is Gourmet Passport which gives the Ultimate Dining Privilege. A membership program which gives you exclusive access to Buy 1 Get 1 offers at 800+ partner restaurants.
1+1 on Food
1+1 on Drinks
1+1 on Buffet
The most unique offer on this membership is 1+1 on Buffet. It would be perfect for you to experience a date night in a 5-star hotel by just paying for one person. Believe me, it works. I use to hunt for deals on Nearbuy.com to get the vouchers before and now not anymore. Continue reading “Dineout Gourmet Passport Membership Review”
Loyalty membership programs are becoming more popular in India. I believe this is because Indians are comfortable with a debit card than the credit cards. Usually, credit cards have loyalty programs well established when the volume is high. India had 36.2M credit cards, 846.7M debit cards in January 2018. This clearly shows that Indians love debit cards over credit cards.
TimePrime is a comprehensive membership program from Times Internet Limited (TIL). Times Internet is also India’s largest digital products company.
Times also has TimePoints another loyalty program which has a co-branded credit card with HDFC, though I’m not sure how successful it is.
The membership fee is 999 INR per year and the membership is available only to Indian. There is also a 30 days free trial for everyone. All you need is an active Indian mobile number and email address.
If you are an active ET Money mobile app users (also a TIL product), the first year membership of TimePrime is free. I personally have availed this offer and I’m so happy with it.
If you are a PayZapp mobile app user (HDFC Bank wallet), then you can get a maximum of 50% off as cashback up to 500 INR out of 999 INR. (Referral code: mosw94)
HDFC Bank Diners Club Black is one of the best super premium credit card available in India. I’m using this credit card for more than a year now. This article is my hands-on experience in milking the credit card for getting maximum reward points.
The best thing about the Diners Club is the 10X reward points. I personally think the team behind the Diners Club does an awesome job of shortlisting the partners from day-to-day needs and offer 10X rewards.
I live in Bangalore, I have now started using Zoomcar for weekend getaways, order food on Swiggy, book tickets on BookMyShow, do e-commerce shopping on Myntra, Flipkart or Amazon and make my bill payments using PayZapp Wallet. With these partners, I’m able to cover almost 80% of my monthly needs.
HDFC Diners Club Black is one of the best super premium international credit cards in India. I have huge respect for their strategy and reward points. The team who manages and promotes the card really understands what the customer needs and introduced the 10x partners on travel, food and shopping category. I think I’m personally very loyal to this credit card and proud to make use of it too.
VISA and MasterCard may be the top market share holders for credit cards, but there are other players such as Diners Club International (DCI) and RuPay. Diners Club has an exclusive tie-up with HDFC Bank as issuer in India. DCI has a history from 1950 and was the first charge card. They were acquired by CitiBank in 1981 and later by Discover Financial Services in April 2008.
Look & Feel
The card looks elegant black and has a world map in the background
The card comes with EMV chip but does not have NFC enabled the contactless option
The card comes with one of the best in class reward rate. I could even say they are unbeatable.
Usually, 3.3 % on all the retail spends
Accelerated up to 33% during the seasonal promotions
Minimum spend is 150 INR and in multiples, 5 reward points for every 150 INR spent
SmartEMI, EasyEMI, and e-wallet loading transactions will not accrue Reward points.
25,000 reward points per statement
Insurance transactions will have a maximum cap of 2,000 per transaction
Reward points are valid only for 3 years from the date of accumulation
Let’s say you spend 1,00,000 INR rupees every month on your credit card for all your lifestyle needs such as paying your restaurant, shopping, medical and travel. You will save 3,300 as reward points. If you spend the same 1L on preferred partners who are on 10X reward promotions then you will have 33,000 which you could use to book flights or hotel. That is what I call it as free money.Continue reading “HDFC Bank Diners Club Black Credit Card Review”
There are many innovative ways to make use of the reward points from credit cards. I know a lot of savvy users make use the credit card reward points to redeem them for flight tickets, hotel stays, gift vouchers and electronics.
March is always a dry month for most of the salaried individuals. I was always wounding when will India allow us to make tax-saving investments using a credit card. To my surprise the National Pension Scheme (NPS) allows us to make the investment using a credit card. Contributions made to the National Pension Scheme (NPS) comes under 80CCD deductions. Continue reading “How to save tax using credit card reward points in India?”
The best way to use the credit card is to take advantage of interest-free credit days, accumulate reward points, review your spending from the statement, pay on time and full outstanding. Using a credit card is discipline, loyalty, and power. Spending money is always the fun part and paying it back is the most boring. What if the bill paying is also fun and rewarding. Yes, you can get reward points even for paying your credit card bills.
What is CRED app?
CRED is a members-only app which rewards you with exclusive rewards for paying your credit card bill. The most rewarding credit card payment app ever in India. You can download the app and apply to be a member.