Go Back   Team-BHP > Around the Corner > Shifting gears


Reply
 
Thread Tools Search this Thread
Old 11th September 2009, 19:01   #16
Senior - BHPian
 
simply_sunny001's Avatar
 
Join Date: Jun 2007
Location: London & Rohtak
Posts: 1,339
Thanked: 15 Times
Default

I had Citibank Credit card points redeemed to cash sometime back.

And it felt nice.
simply_sunny001 is offline   Reply With Quote
Old 11th September 2009, 19:08   #17
Senior - BHPian
 
harry10's Avatar
 
Join Date: Jul 2008
Location: Faridabad/Delhi
Posts: 2,214
Thanked: 531 Times
Default

Quote:
Originally Posted by simply_sunny001 View Post
I had Citibank Credit card points redeemed to cash sometime back.

And it felt nice.
How did you do it?
I would like to do the same with my citibank card.
harry10 is offline   Reply With Quote
Old 11th September 2009, 21:58   #18
Senior - BHPian
 
Gansan's Avatar
 
Join Date: May 2009
Location: Chennai
Posts: 3,417
Thanked: 860 Times
Default

Quote:
Originally Posted by harry10 View Post
How did you do it?
I would like to do the same with my citibank card.
I am not aware of conversion to cash. But at designated shops like Shoppers' stop, West side etc., you can buy anything you want and tell the guy at the billing counter to adjust your reward points against the purchase. And he will.
Gansan is offline   Reply With Quote
Old 12th September 2009, 02:24   #19
BHPian
 
ghpk's Avatar
 
Join Date: Mar 2009
Location: Ghaziabad
Posts: 869
Thanked: 192 Times
Default

Quote:
Originally Posted by karankapoor View Post
In your case one thing is pretty funny, As you said you are using this silver car for years now and the you have 40000 rewards points that means you must have purchased stuff worth Rs.8000000/- (eighty lac's) (1 rewards per 200/- spent) and still bank has not upgraded your card this is one thing i can't digest.

I too use a HDFC BANK Card recently they upgraded my car to Platinum Plus card with enhanced limit (almost 3 times of my previous car titanium), Check with your local HDFC Credit Card department why haven't they did this with you.
Oh My God, i didn't knew so many people would come up for my question, I am little down with fever since 2-3 days, so didn't checked this thread since last night.
thanks guys for your expert opinions and ideas, will try my luck.

Yes I've spent hell lot of money through this card, and i know in last 4 years i've not paid a single rupee as late fee, Payments have been always on time, but its always on revolve one after another, cause i use the card for business use (sending payments to US/Indian providers)
Card has limit of 35k only, and sometimes I've to use it like prepaid card, pay 25k, and then make payments....top up as soon payment is captured and then use, top up again.....

In my business i need at least 1.0Lac of plastic money a month, so sometimes i am just stuck with this stupid card.

Its shocking that HDFC never enhanced my card limit, i've spent one large amount of my life by standing in QUEUE at bank, cause my primary banking (business banking) is with ICICI Bank but i've credit card only from HDFC, so have to draw cash from ICICI and dump it to HDFC.
I've learn never pay credit card bill through cheque if you want to work fast, that's a different story though.

ICICI doesn't show any care for my business and has never offered me a credit card, they say, my city is not eligible for new credit card issuance.
Today also i called ICICI Care and was told, "we are not offering any credit card all across India till further notice)

Lastly, this card has recently been renewed, but now it doesn't works with paypal, doesn't works at few prominent gateways in USA.

customer care tells me to generate a Netsafe card and use it at paypal, which doesn't works well in my requirement as I am subscribed to lot of payments at paypal. now the customer care has a ticket for this issue since a 15 days, but no solution yet.

I 've been registered for VBV/MC securecode for years, but suddenly after that 1AUG PANIC created by RBI, the card is no longer International, I think Indian credit cards are now totally Indian, you can't shop at international store for some unknown reason.
Bang your head with customer care and you get a CANNED reply in 3-4 days.

I also have an merchant account at ccavenue, and since 15-20 days, at-least 20-30 of my customers who had HDFC card, called me that even after having balance, their card is declined at ccavenue/paypal, and ultimately they had to take pains to drop a cheque for payments, some paid through their wife's card which was from other bank.

I've not been such a bad customer at HDFC, but now I am FRUSTRATED to a limit which is just close to getting MAD.


Screen-shot from a recent statement showing close to 40k points.
I am not Enjoying it....
Credit Card Points, what do you redeem them for-cc_points.jpg

Gansan
most banks don't allow conversion of rewards points to cash, Iam sure about hdfc cause i read that faq, last night itself.

Last edited by ghpk : 12th September 2009 at 02:26.
ghpk is offline   Reply With Quote
Old 12th September 2009, 02:40   #20
Senior - BHPian
 
simply_sunny001's Avatar
 
Join Date: Jun 2007
Location: London & Rohtak
Posts: 1,339
Thanked: 15 Times
Default

Quote:
Originally Posted by harry10 View Post
How did you do it?
I would like to do the same with my citibank card.
just give them a call and they will deduct the same from the amount outstanding.

cheers
simply_sunny001 is offline   Reply With Quote
Old 12th September 2009, 19:09   #21
BHPian
 
johnjacob's Avatar
 
Join Date: Sep 2004
Location: Bangalore, INDIA
Posts: 344
Thanked: 24 Times
Default

I have a Jet Airways citibank mastercard. The reward points are Jet Airways JPMiles. I have used this card for years, have flown for free a couple of times, and I now have 85000 miles, enough for a free flight to the states and then some. I think this (or some other credit card which uses the airmiles of some airline as reward points) is the best kind of card to go for.
johnjacob is offline   Reply With Quote
Old 12th September 2009, 19:36   #22
Senior - BHPian
 
Fountainheader's Avatar
 
Join Date: Feb 2008
Location: Silicon Valley
Posts: 1,502
Thanked: 8 Times
Default

Quote:
Originally Posted by johnjacob View Post
I have a Jet Airways citibank mastercard. The reward points are Jet Airways JPMiles. I have used this card for years, have flown for free a couple of times, and I now have 85000 miles, enough for a free flight to the states and then some. I think this (or some other credit card which uses the airmiles of some airline as reward points) is the best kind of card to go for.
Yep.

I have the American Express KF First card. I've been using it since Jan 09 and have accumulated close to 27k points. And being an Amex, it maintains some exclusivity too.. and also the "Saar no Amex" replies from some merchants
Fountainheader is offline   Reply With Quote
Old 12th September 2009, 19:45   #23
Senior - BHPian
 
predatorwheelz's Avatar
 
Join Date: Feb 2009
Location: Delhi/Kolkata
Posts: 1,652
Thanked: 1,097 Times
Default

Well I have a HSBC Gold Card. Usually convert my points to KF air miles, allows me to rake up free flights
predatorwheelz is offline   Reply With Quote
Old 21st September 2009, 10:33   #24
Senior - BHPian
 
kiku007's Avatar
 
Join Date: Apr 2005
Location: Brisbane
Posts: 1,595
Thanked: 1,197 Times
Default

Quote:
Originally Posted by simply_sunny001 View Post
just give them a call and they will deduct the same from the amount outstanding.

cheers
Citibank Cashback Cards - The accumulated points are basically nothing but the cashback amount earned. Call the helpline and they will credit the money to ur card account against which you can make purchases anywhere or adjust against any debit balance in the card. The most simplest and best choice I've ever seen

Citibank Gold - Points can used to make purchases at Landmark directly i.e 1 Reward Point is worth 50 paise. Make a purchase and inform that you want to make it against your Citibank reward points and the Billing counter will do the needful.

SCB - Have a big list of reward gifts but I've redeemed them only for Lifestyle Gift Vouchers.

Last edited by kiku007 : 21st September 2009 at 10:34.
kiku007 is offline   Reply With Quote
Old 4th November 2009, 21:40   #25
Newbie
 
mental4vray's Avatar
 
Join Date: Sep 2009
Location: Mumbai, India
Posts: 19
Thanked: 0 Times
Default

I have a IndianOil Citibank Credit Card.....I convert points into free petrol vouchers (1 Re. Petrol for every point)
mental4vray is offline   Reply With Quote
Old 9th August 2010, 16:17   #26
Senior - BHPian
 
msdivy's Avatar
 
Join Date: Aug 2006
Location: Bangalore
Posts: 1,426
Thanked: 770 Times
Default

I have Vodafone co-branded Citibank Credit card. The points earned are redeemed for talk time. Believe me I haven't paid my mobile bill for past 5 years or so !

Last week I got a letter from Citibank that tie-up between Vodafone & Citibank will end and my card will expire. So I have to get a credit card now. Most likely, I will go for IndianOil Citibank Titanium Credit Card.
msdivy is online now   Reply With Quote
Old 9th August 2010, 17:09   #27
Senior - BHPian
 
amtak's Avatar
 
Join Date: Oct 2006
Location: Mumbai - The city of Sea Link!!!
Posts: 2,772
Thanked: 331 Times
Default

Quote:
Originally Posted by msdivy View Post
Last week I got a letter from Citibank that tie-up between Vodafone & Citibank will end and my card will expire. So I have to get a credit card now. Most likely, I will go for IndianOil Citibank Titanium Credit Card.
I got the letter too! I had already requested them to cancel my vodafone card and put me into Indian Oil card. However, my request was denied.
amtak is offline   Reply With Quote
Old 9th August 2010, 17:16   #28
Senior - BHPian
 
Gansan's Avatar
 
Join Date: May 2009
Location: Chennai
Posts: 3,417
Thanked: 860 Times
Default

I usually buy some articles which I normally will not have the heart to pay for - Reebok / Adidas shoes and floaters, for instance - from points accumulated on my HDFC Bank platinum card! The bank will send me the gift vouchers upon request.

With Citibank Platinum card, it gets even better. Buy whatever you want, call up the bank to adjust your points towards the dues, and pay the balance if any!
Gansan is offline   Reply With Quote
Old 9th August 2010, 17:21   #29
Senior - BHPian
 
vasoo's Avatar
 
Join Date: Jul 2007
Location: Memphis TN
Posts: 1,031
Thanked: 207 Times
Default

I have Citi Platinum and uses the reward points at Shoppers Stop or Westside for further shopping!
vasoo is offline   Reply With Quote
Old 30th November 2010, 19:30   #30
BHPian
 
quadra's Avatar
 
Join Date: Sep 2006
Location: Blore
Posts: 543
Thanked: 52 Times
Default

The thing with booking your tickets via miles is that you need to book well in advance. I had few points to convert and hence called up the flight cc. They told that for every flight, there is a limited %age of seats which can be booked via miles & looks like the %age is in single digit. Seats were not even available for next week from the date which i wanted the tickets for. So be careful folks.
quadra is offline   Reply With Quote
Reply


Thread Tools Search this Thread
Search this Thread:

Advanced Search


Similar Threads
Thread Thread Starter Forum Replies Last Post
Credit Card Purchase Surcharge 1.5% (and a discussion on TIPS) sam003 Shifting gears 114 6th February 2013 12:28
Online Credit Card Scam...Pls help!! crn12 Shifting gears 20 21st January 2013 16:06
Paintings: Overrated, or do you appreciate them? How much would you pay for them? e1t1bet Shifting gears 17 24th March 2010 14:35
Scary News : Network Solutions loses Credit Card information emkay456 Shifting gears 0 28th July 2009 14:01
Credit card menace kutlee Shifting gears 39 17th August 2007 18:59


All times are GMT +5.5. The time now is 15:22.

Copyright 2000 - 2017, Team-BHP.com
Proudly powered by E2E Networks