|
|
Most of the credit cards are offering these reward points to lure
consumers use the credit cards to make purchases. Many a times this
small reward points accumulated over time can come in handy to redeem
for a good gift from the bank.
On each spend of certain amount on your credit card, reward points are
given. These are reflected usually in your card statement. Company
will have certain products on offer against redemption of these reward
points.
Transactions like Cash withdrawals, interest charges, card fees
(joining, annual, renewal), balance transfers, demand drafts, service
charge transactions, disputed transactions, payments to other ICICI
Bank accounts, purchase of foreign exchange, EMI transactions and
travelers cheques and other insurance charges are usually wont earn
reward points. |
|
|
