Quick Answer: What Is The Value Of HDFC Reward Points?

What is HDFC Bank SmartBuy?

SmartBuy is a platform only for display of offers extended by Merchants to HDFC Bank’s Customers, and HDFC Bank is not selling/rendering any of these Products/Services.

If the Customer proceeds from here, any purchase of a Product/Service will only be through the HDFC Bank’s credit/debit cards/net banking facility..

How do I convert credit card points to cash?

How to redeem?Login to HDFC Netbanking.Goto Cards -> Enquire -> Redeem reward Points -> choose card & proceed.You’re now on the newly revamped Redemption Portal.Goto Redeem Reward Points -> Cash Redemption.Enter details and proceed.Expect cash credit in ~7 working days.

How do I redeem my reward points?

Here are some ways to redeem your credit card reward points for shopping online.Shop online. … Get cash back. … Redeem your reward points for gift cards. … Get discounts on airfare and hotels. … Donate your credit cards rewards to charity. … Pay off your balance. … Narrow your spending. … Watch for bonus offers.

How do I redeem HDFC Timepoint points?

Customer can redeem the Times Points by logging into www.timespoints.com. Redemption can be done against attractive gifts and offers.

How can I convert my HDFC gift card to cash?

To redeem the code, visit the website of the retailer and sign in to your account. Once signed in, look out for a link that says Redeem Gift Code. These places are usually text bars where some text has to be input. On typing in the code, the Gift Card gets redeemed and the amount gets credited.

Can I convert reward points to cash HDFC?

Yes, you can convert your HDFC Bank credit card reward points to cash, but it is not available on all cards. … The amount will be added to your credit card account, which can be used to pay the outstanding principal. You must also remember that for each redemption, the bank charges a fee of Rs. 99.

How HDFC reward points are calculated?

Every time you swipe your card, reward points will be credited to your rewards account. … On swiping your card for the first time within 90 days, HDFC rewards cardholders of select cards with a bundle of reward points. Spending a set amount of money in a year on your credit card will also attract reward points.

Does HDFC debit card have reward points?

Your HDFC Bank Rewards Debit Card entitles you to: A single card that provides benefits / savings across categories like Grocery, Fuel, Pharmacy, Railways and Online. 5% savings on your everyday spends on partner merchants. Enjoy up to 2000* Reward points per month Click here to Know More.

How are reward points calculated?

The simplest way to calculate the value of your credit card points is to divide the dollar value of the reward by the number of points required to redeem it. For example, if it takes 50,000 points to get a $650 airplane ticket, your points are worth about 1.3 cents each.

What can I do with HDFC reward points?

Claiming reward points is easy with HDFC Bank. Once customers have accumulated 500 points they can redeem it for products, gift vouchers and discounts.

Does HDFC reward points expire?

In case of HDFC Bank, as per the existing details on its website as on 18 February, the reward points have a validity of two years from the date of accrual. So if 100 reward points accrue at the end of February 2019, these 100 reward points will be valid till February 2021.

What is 10x reward points in HDFC?

For the avoidance of doubt, ’10X Reward Points’ means ten times the reward points that the Cardholder would have otherwise earned on the Eligible Transaction.

Can we convert RBL reward points to cash?

Click on Redeem ‘Points and select the number of points you would want to redeem. You will receive an OTP on your registered mobile number. Enter the OTP to complete your transaction.

How do reward points work?

What Are Reward Points? Reward points are points which a user can collect following each purchase that they make with their credit card. As it usually goes, higher value purchases will earn you more points than smaller value purchases.

What is the value of RBL reward point?

1 Reward point can be got for every Rs. 100 spent on all purchases excluding fuel. 2 Reward Points can be got for every Rs. 100 spent.

How do I redeem my Amazon reward points?

Redeem rewards at Amazon.com You can redeem your rewards every day toward millions of items when you shop at Amazon.com. During checkout, you can use your rewards to pay for part or all of your purchase. There’s no minimum rewards balance to redeem. 100 points = $1.00 when redeemed toward eligible purchases.

Can I transfer money from RBL credit card to bank account?

You can transfer the funds directly to your bank account. … With Bajaj Finserv RBL Bank SuperCard you don’t incur any interest if you repay the amount within a period of 50 days.

What is the value of HDFC credit card reward points?

Value of 1 Reward Point in Rupees of All the BanksBank’s NameReward Point NameValue in RupeesHDFC Bank Credit CardReward PointsINR 0.30HDFC Bank Credit CardAll MilesINR 0.50ICICI Bank Credit CardPAYBACK PointsINR 0.25RBL Bank Credit CardReward PointsINR 0.255 more rows

What is the value of 1 reward points?

One reward point does not equal one rupee. In fact, it is much less than that in most cases (20-30 paise). “The value can vary from issuer to issuer. It can be as low as 10 paise per point and as high as Re 1 per point,” says Anil Ramachandran, head, credit cards, IndusInd Bank.