HDFC Diners Club Credit Card (ex Jet Airways cobrand)
Feb 4, 2021, 8:13 am
#676
Join Date: Mar 2011
Location: BOS
Programs: BA Gold, AA Platinum, SQ Gold, Marriott Titanium
Posts: 1,578
Feb 4, 2021, 9:34 pm
#677
Join Date: Jul 2017
Programs: KrisFlyer Gold, Marriott & SPG Plat, Hilton Gold, ShangriLa Jade, Enterprise Plat, Taj Gold
Posts: 3,331
As long as one can afford the 1.8% and you’re not getting into financial difficulties or 40%pa interest it is definitely worth it - especially since you’re earning a boat load of miles here. It makes financial sense and feels great when you’ve flown J/F to the Caribean partly sponsored by your car payment.
Last edited by PiperAtGatesofDawn; Feb 4, 2021 at 10:45 pm
Feb 4, 2021, 10:57 pm
#678
Join Date: Apr 2011
Location: Goa, India
Programs: Marriott Titanium, IHG Plat Ambassador, Hyatt Explorist, Qatar Gold, Vistara Gold
Posts: 1,292
PiperAtGatesofDawn Spot on. The way I'm looking at it is that I pay my card bill instead of doing a transfer straight to the dealer, just a few extra clicks and card swipe. I also structured the payment on the first day of my card's billing cycle so I get a 50 day interest free period to payback the amount.
Feb 5, 2021, 10:13 am
#679
Join Date: Mar 2011
Location: BOS
Programs: BA Gold, AA Platinum, SQ Gold, Marriott Titanium
Posts: 1,578
I guess it's my own view but I struggle to find lots of good value redemption options with SQ. Once upon a time when DCB allowed transfer to AA, the value was great.
it could also be that most of my upcoming family vacation plans are around Asia where most of the times finding a lie flat business class flight itself is not easy.
it could also be that most of my upcoming family vacation plans are around Asia where most of the times finding a lie flat business class flight itself is not easy.
Feb 6, 2021, 6:33 am
#680
Join Date: Jul 2017
Programs: KrisFlyer Gold, Marriott & SPG Plat, Hilton Gold, ShangriLa Jade, Enterprise Plat, Taj Gold
Posts: 3,331
It's hard finding a lie-flat on any short haul/regional route of any airline. If it's with SQ you'll have to track some of SQ's bigger planes that are doing short hauls to keep the plane "busy" to score lie-flats. Not impossible to get but you'll have to be lucky to have them fly your specific route.
Feb 6, 2021, 11:53 am
#681
Join Date: Mar 2011
Location: BOS
Programs: BA Gold, AA Platinum, SQ Gold, Marriott Titanium
Posts: 1,578
It's hard finding a lie-flat on any short haul/regional route of any airline. If it's with SQ you'll have to track some of SQ's bigger planes that are doing short hauls to keep the plane "busy" to score lie-flats. Not impossible to get but you'll have to be lucky to have them fly your specific route.
Feb 8, 2021, 4:17 am
#682
Join Date: Sep 2005
Location: BOM-SIN-EWR
Programs: UA*G (1K again), Sixt Plat, *was*: SQ QPP01 & SK EBS/EBG, LH SEN, AA EXP, 9wPlat
Posts: 8,606
PiperAtGatesofDawn Spot on. The way I'm looking at it is that I pay my card bill instead of doing a transfer straight to the dealer, just a few extra clicks and card swipe. I also structured the payment on the first day of my card's billing cycle so I get a 50 day interest free period to payback the amount.
How do you handle this then?
Feb 8, 2021, 6:06 am
#683
Join Date: Jul 2017
Programs: KrisFlyer Gold, Marriott & SPG Plat, Hilton Gold, ShangriLa Jade, Enterprise Plat, Taj Gold
Posts: 3,331
Unless... OP was buying a Phantom on a 5 LPA salary... in which case their only mode of payment would be in large duffle bags and without any reward points!
Feb 8, 2021, 7:34 am
#684
Join Date: Apr 2015
Location: Gurgaon
Posts: 47
If the digits in your ITR can explain such transaction, nothing to worry.
Feb 8, 2021, 10:54 am
#685
Join Date: Jan 2021
Posts: 319
PAN is anyway mandatory for car purchases so it will already be registered in the system. Any income tax issue would be independent of the car purchase. And I don't think credit card rewards count as income.
Feb 9, 2021, 10:35 pm
#686
Join Date: Apr 2011
Location: Goa, India
Programs: Marriott Titanium, IHG Plat Ambassador, Hyatt Explorist, Qatar Gold, Vistara Gold
Posts: 1,292
Feb 17, 2021, 11:34 am
#687
Join Date: Jul 2009
Location: New Delhi
Programs: Miles n More Senator ,Marriots Platinum, Hhonors Diamond, Miles n Smile elites,ITA Volare Premium
Posts: 162
If you’re in the miles game it absolutely absolutely is. Especially since you can get 2x-4x of 3.3% for redemption.
As long as one can afford the 1.8% and you’re not getting into financial difficulties or 40%pa interest it is definitely worth it - especially since you’re earning a boat load of miles here. It makes financial sense and feels great when you’ve flown J/F to the Caribean partly sponsored by your car payment.
As long as one can afford the 1.8% and you’re not getting into financial difficulties or 40%pa interest it is definitely worth it - especially since you’re earning a boat load of miles here. It makes financial sense and feels great when you’ve flown J/F to the Caribean partly sponsored by your car payment.
Feb 17, 2021, 12:41 pm
#688
Join Date: Jul 2017
Programs: KrisFlyer Gold, Marriott & SPG Plat, Hilton Gold, ShangriLa Jade, Enterprise Plat, Taj Gold
Posts: 3,331
So if you buy long haul J/F tickets using your DCB points - you can get a value of Rs. 3-6 per mile based on the above calculation - and therefore a 3x-6x return.
Mar 16, 2021, 9:22 am
#690
Join Date: Jul 2017
Programs: KrisFlyer Gold, Marriott & SPG Plat, Hilton Gold, ShangriLa Jade, Enterprise Plat, Taj Gold
Posts: 3,331
HDFC seems to be going all out on handing out cash backs and gift cards these last couple of months.
This month I've got monthly spend bonuses from HDFC (3rd month running I think) & PayZapp and weekly bonuses from PayzApp! Kinda crazy 10-20% returns for not doing much!
Now if only they'd raise the silly 7.5k limit on DCB.
This month I've got monthly spend bonuses from HDFC (3rd month running I think) & PayZapp and weekly bonuses from PayzApp! Kinda crazy 10-20% returns for not doing much!
Now if only they'd raise the silly 7.5k limit on DCB.