HDFC Bank has a holiday surprise for Infinia/Diners Club Black credit cardholders. While the usual conversion rate is 50 paise, now we get gift vouchers at 1 RP = 70 paise. So, we can grab Amazon and other vouchers and get a far better value for our reward points.
This is a limited-time offer. Here are the details:
- Offer: Redeem reward points for gift vouchers at a rate of 1RP = 70 paise
- Offer validity: 23rd September to 25th September 2022
- Smartbuy Offer Details
How to Redeem
I did a small redemption for an Amazon Pay gift voucher worth Rs 5000 and it worked fine.
Should you go for this offer?
We get the best value for Infinia/Diners Club Black reward points for travel. We can either book flights on Smartbuy or transfer them to one of the airline partners. In both cases, we get 1 RP = Rs 1 or 1 Airmiles.
If we are not traveling for any reason, the next best usage for Infinia/DCB points is gift voucher redemption. For Infinia, we also get a 1 rupee value for each RP when redeeming Tanishq vouchers. But, we have to pay 30% on our card. If you are ok with that, it is a better option. Else, go for this offer and get Amazon vouchers. We can always convert Amazon vouchers to other brands on Amazon.