iPhone for free using this Credit Card?!
Check out how to optimize spend and get great benefits on the Tata Neu HDFC Card.
The Tata Neu HDFC Credit Card
As other cards get devalued, the Tata Neu HDFC Credit card looks more and more attractive. This credit card is great for anyone who can move some of their existing spend to Tata based products. For example -
Shopping spend > Tata Cliq / Westside
Medicine > Tata 1MG
Gold - > Tanishq / Caratlane
Grocery > BigBasket
Electronics > Croma
Flights > Air Asia / Air India
+ many others.
The Variants, and how to apply.
The card comes in two variants - “Plus” and Infinity”, The Plus card gives cashback upto 7% while the Infinity gives Cashback upto 10% in the form of Neu Coins.
1 Neu Coin = 1 Rupee
It also comes in two partner variants namely Visa and Rupay. Visa has better acceptance worldwide, while Rupay can link with your UPI and give you a flat 1.5% cash back on your UPI spends.
The approximate eligibility criteria for the Neu Infinity card is a 12LPA Salary
Usage and Conversions
When you use the the Tata Neu app for any tata related spend, you get 5% cashback as Neu Coins. Additionally, when you use this card, you get an additional 5% cashback
Example Monthly spend -
10% Cashback - BigBasket Grocery Spend - Rs.6,000
10% Cashback - 1MG Medicine Spend - Rs.6,000 (medicine / soaps, sunscreens / whey protein etc.)
10% Cashback - TataCliq / Westside Misc. shopping - Rs. 3,000
10% Cashback - Flights - (60k annualized, 5k monthly)
10% Cashback - Electronics - (120k annualized, 10k monthly) - Appliances / electronics, etc.
5% Cashback - Assuming you invest or buy gold (1.8L a year).
5% Cashback - Utility spend like broadband, DTH, Mobile bills, electricity, etc.
1.5% Cashback - Misc. UPI Spends (5k a month).
Redeeming Neu Coins
You can redeem Neu Coins at a 1 Coin = Re.1 Value.
Taking the example above, just on normal spends like shopping, grocery, gold, travel, you can look to earn 50k Neu Coins in a year. Which you can effectively use towards buying yourself an iPhone from Croma!
Applying for the card -
You can use this link to apply for the card and ping me on Instagram if you need anymore help! :)