I have been using HDFC Dinners Rewardz card for almost 2 yrs now and spending 30, 000-40, 000 INR per month on average, as HDFC was giving 3 points for spending 150 INR with each reward point worth 0.75 INR. I over-utilized this card for the lucrative reward program they were offering. Suddenly in October beginning, I got to know from internet that the points have been reevaluated, post 15th Aug, to 0.30 INR per point. Without any intimation! I have 24, 402 points, as of 29th Sept 2017, whose value decreased by 10, 981 INR. This is how HDFC reward customers in the name of loyalty program! You ask us to spend by showing some reward value and provide something else?! This is plain cheating and stealing customer’s money. Thanks HDFC for making a fool out of me!
Ref: https://arkazblog.blogspot.in/2017/10/fraud-hdfc-bank.html?m=1