Re: [AI] regarding Credit card benifits.

2018-10-14 Thread NAB Delhi Helpline
On 10/13/18, Zoher Kheriwala  wrote:
> Dear Friends,
> I am having SBI credit card and I have booked iPhone X on Amazon
> yesterday using No Cost EMI at the price of 7 rs.
> Due to offer sale, I received 10 % discount, 2000 RS instant discount
> and remaining 5000 rs will be receiving as cash back in my credit card
> account.
> As I Mentioned above it was No cost EMI scheme, so Amazon gave me
> instant discount of 3800 rs = to interest to be paid to credit card
> over a 9 months.
> Now I am having 2 doubts,
> 1.Ones the amount is converted in EMI and if I make entire payment
> and close EMI with SBI Card, can I take interest discount given by
> Amazon as my price discount?
> 2.The cash back which I am going to receive in my credit card
> account, can I convert it in to cash?
> Thanks in advance.
>
>
> --
> together we can and we will make the difference
> Zoher
>
>
>
>
> Search for old postings at:
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Re: [AI] regarding Credit card benifits.

2018-10-14 Thread Rahul Bhatia
Hi, As you mentioned
the actual prise was 70,000
instent discount you got it was 2000, the remaining amount will be
converted into no cost EMI, if there any cashback offer so you will
get that cashback within 90 days of purchase in your creditcard
statement as credit part it will be automatically adjusted in your
bill amount.
actually in  no cost EMI
there are 2 parts one is principle and second is intrest both will be
equal to the actual prise of the item, but you have to pay GST in both
intrest and to the principle amount every month.



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Re: [AI] regarding Credit card benifits.

2018-10-13 Thread john clayton
Hi,
 If I am understanding this rightly, the cash back is something you recieve
in your bank account linked with your credit card or the ddebit card anyway
to do with as you please.
 Not sure about the interest thing anyway.
 As the table on the artical Sunil linked was in a image form, but on other
financeing skeems no cost EMI means just that, you don't pay extra but the
cost of the product in EMI form. I.E Bajaj.
Have no experience with credit cards yet, as almost all my applications to
date have been rejected due to the visually impaired factor, but reasons
shown as CIBIL issue.
 CIBIL because I haven't done nada with credit cards or loans yet so my
rating is probably 0 and I'd say fare enough, but my cousin with the same
rating as me because of the same reasons as me applied and got a credit
card.
But I went off topic there, sorry...
Grats on your X, Zoher.

On Sat, 13 Oct 2018 at 16:03, Sunil Sangtani. 
wrote:

> hi,
> read this artical,
> you will understand.
>
> https://www.moneycontrol.com/news/business/personal-finance/flipkart-amazon-deals-woo-customers-with-no-cost-emi-offers-heres-the-catch-3028971.html
> no, you can not convert the cachback in to cach. but reward points can be.
>
>
> On 10/13/18, Zoher Kheriwala  wrote:
> > Dear Friends,
> > I am having SBI credit card and I have booked iPhone X on Amazon
> > yesterday using No Cost EMI at the price of 7 rs.
> > Due to offer sale, I received 10 % discount, 2000 RS instant discount
> > and remaining 5000 rs will be receiving as cash back in my credit card
> > account.
> > As I Mentioned above it was No cost EMI scheme, so Amazon gave me
> > instant discount of 3800 rs = to interest to be paid to credit card
> > over a 9 months.
> > Now I am having 2 doubts,
> > 1.Ones the amount is converted in EMI and if I make entire payment
> > and close EMI with SBI Card, can I take interest discount given by
> > Amazon as my price discount?
> > 2.The cash back which I am going to receive in my credit card
> > account, can I convert it in to cash?
> > Thanks in advance.
> >
> >
> > --
> > together we can and we will make the difference
> > Zoher
> >
> >
> >
> >
> > Search for old postings at:
> > http://www.mail-archive.com/accessindia@accessindia.org.in/
> >
> > To unsubscribe send a message to
> > accessindia-requ...@accessindia.org.in
> > with the subject unsubscribe.
> >
> > To change your subscription to digest mode or make any other changes,
> please
> > visit the list home page at
> >
> http://accessindia.org.in/mailman/listinfo/accessindia_accessindia.org.in
> >
> >
> > Disclaimer:
> > 1. Contents of the mails, factual, or otherwise, reflect the thinking of
> the
> > person sending the mail and AI in no way relates itself to its veracity;
> >
> > 2. AI cannot be held liable for any commission/omission based on the
> mails
> > sent through this mailing list..
> >
>
>
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> Search for old postings at:
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>
>
> Disclaimer:
> 1. Contents of the mails, factual, or otherwise, reflect the thinking of
> the person sending the mail and AI in no way relates itself to its veracity;
>
> 2. AI cannot be held liable for any commission/omission based on the mails
> sent through this mailing list..
>


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Re: [AI] regarding Credit card benifits.

2018-10-13 Thread Sunil Sangtani.
hi,
read this artical,
you will understand.
https://www.moneycontrol.com/news/business/personal-finance/flipkart-amazon-deals-woo-customers-with-no-cost-emi-offers-heres-the-catch-3028971.html
no, you can not convert the cachback in to cach. but reward points can be.


On 10/13/18, Zoher Kheriwala  wrote:
> Dear Friends,
> I am having SBI credit card and I have booked iPhone X on Amazon
> yesterday using No Cost EMI at the price of 7 rs.
> Due to offer sale, I received 10 % discount, 2000 RS instant discount
> and remaining 5000 rs will be receiving as cash back in my credit card
> account.
> As I Mentioned above it was No cost EMI scheme, so Amazon gave me
> instant discount of 3800 rs = to interest to be paid to credit card
> over a 9 months.
> Now I am having 2 doubts,
> 1.Ones the amount is converted in EMI and if I make entire payment
> and close EMI with SBI Card, can I take interest discount given by
> Amazon as my price discount?
> 2.The cash back which I am going to receive in my credit card
> account, can I convert it in to cash?
> Thanks in advance.
>
>
> --
> together we can and we will make the difference
> Zoher
>
>
>
>
> Search for old postings at:
> http://www.mail-archive.com/accessindia@accessindia.org.in/
>
> To unsubscribe send a message to
> accessindia-requ...@accessindia.org.in
> with the subject unsubscribe.
>
> To change your subscription to digest mode or make any other changes, please
> visit the list home page at
> http://accessindia.org.in/mailman/listinfo/accessindia_accessindia.org.in
>
>
> Disclaimer:
> 1. Contents of the mails, factual, or otherwise, reflect the thinking of the
> person sending the mail and AI in no way relates itself to its veracity;
>
> 2. AI cannot be held liable for any commission/omission based on the mails
> sent through this mailing list..
>


-- 
Managing Director|Chandra Crockery House (cch)|India|.
E: bazaarchan...@gmail.com
workphone: +918740022212
website: www.chandrabazaar.com
lets get social!
facebook.com/chandrabazaar
instagram.com/chandra_bazaar
We Create The Lifestyle You Desire!




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Disclaimer:
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2. AI cannot be held liable for any commission/omission based on the mails sent 
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[AI] regarding Credit card benifits.

2018-10-12 Thread Zoher Kheriwala
Dear Friends,
I am having SBI credit card and I have booked iPhone X on Amazon
yesterday using No Cost EMI at the price of 7 rs.
Due to offer sale, I received 10 % discount, 2000 RS instant discount
and remaining 5000 rs will be receiving as cash back in my credit card
account.
As I Mentioned above it was No cost EMI scheme, so Amazon gave me
instant discount of 3800 rs = to interest to be paid to credit card
over a 9 months.
Now I am having 2 doubts,
1.  Ones the amount is converted in EMI and if I make entire payment
and close EMI with SBI Card, can I take interest discount given by
Amazon as my price discount?
2.  The cash back which I am going to receive in my credit card
account, can I convert it in to cash?
Thanks in advance.


-- 
together we can and we will make the difference
Zoher




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Disclaimer:
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person sending the mail and AI in no way relates itself to its veracity;

2. AI cannot be held liable for any commission/omission based on the mails sent 
through this mailing list..