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Wednesday, October 17, 2007

Credit card Festival Offer - Top 500 Spenders

HDFC Bank Credit Card rep had called to let us know that they are running a promotion during this festival season - Top 500 spenders get 500 assured gifts every month between October-December,2007. [No Lucky Draws]
  • Top 5 spenders - Club Mahindra Holiday Memberships
  • Next 10 Spenders - LG LCD TVs
  • Next 35 Spenders - Apple iPods
  • Next 450 Spenders - Gift vouchers worth Rs 2,500 each
They don't disclose the amount one has spent. In our Card Analyst's estimate, to win Rs 2,500 you may have to spend more than Rs 50,000 in one billing period. That is more than my Credit Card Limit :-) HDFC is also promising 0% interest on purchases at retail outlets. Please read the fine print and you will get to know their gimmick immediately.

CardBhai advises its readers to ignore all these offers if you can't payback within the due date. Have a good festival without over spending :-)

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2 Comments:

At 3:59 AM, Anonymous Aryan said...

Hi This is total gibberish...I spend close to 1.5Lakhs a month on my card and till date haven't got even a thank-you from them - Forget gifts

 
At 2:03 AM, Anonymous KAMAAL said...

Right Said Aryan. Me too spent more than 1.5 Lacs in current month through my Platinum Plus Card of HDFC without any gift . These r garbage offers

 

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