How Do I Convert My Credit Card Points To Cash?

Do HDFC reward points expire?

You should also keep in mind that reward points are not for lifetime.

They expire after a given time period.

On most of HDFC credit cards, the reward points are valid for 2 years only so you should redeem them before that period.

Some cards may offer validity of 3 years or 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.

How do I redeem my reward points?

How to redeem Reward Points?Log into to your NetBanking Portal/Account on HDFC Bank website.Once logged-in, click the ‘Cards’Then click on the ‘Enquire’ tab in the Debit Card section.Once you are taken to the next page, click on the ‘Cashback Enquiry and Redemption’ tab.More items…

What is the value of 1 reward points?

What is the value of 1 Reward Point? 1 Reward Point is equivalent to INR 25 Paise. Thus, 1000 Reward Points get you free shopping worth Rs. 250.

Can HDFC reward points be converted to cash?

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 can I convert my Kotak credit card points to cash?

Login to Net Banking and follow these steps:Go to Credit Card.Select PVR & Reward Redemption -> Reward Redemption.Pick from the many options available to redeem your reward points e.g. Cash Rewards, Air miles, Movies etc.

How much is 1 HDFC reward point worth?

HDFC Bank Credit Card Reward Point Value in Rupees You can even earn reward points through it. So, the value of one reward point in HDFC credit card is 30 paisa and if you are redeeming it at HDFC All Miles then its value increases to 50 paise.

How can I get HDFC reward points?

The HDFC Bank Freedom Credit Card has an attractive structure. It allows you to earn 25X Reward Points on your birthday spending, earn 10X Reward Points on PayZapp and SmartBuy spending. Further, you can earn 5XReward Points if you use your card for grocery shopping, dining or buying railway tickets.

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 I redeem my easy reward points?

Login using your CRN, Password & One Time Password. Choose Credit Cards. Select Reward Redemption option of your choice. Please note: For redemption against Airline tickets / Merchandise / Mobile recharge, Reward points have to be converted to Easy Points.

What is 10x reward points HDFC?

10X Reward Points on International POS transactions offer is valid from 1 October 2018 to 31 December 2018. This 10X offer is a separate offer from other 10X Programme on select merchants on your HDFC Bank Diners Club Credit Cards and have a different max cap for incremental Reward Points.