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Shop with your Debit Card & get Rewarded is a Misnomer

We all have a tendency to get lured by the appealing ads of these banks asking clients to spend more on the cards as they get commission per transaction for the card usage from the merchant.

We have tested such type of offers and failed to get any promised returns from the banks. Once we went on shopping just in the hope of winning a gold coin from Axis bank for crossing a particular limit. Now when we approached them and we realised that they do not even know about the scheme.

it took us a hell of effort and numerous communication with Axis bank to get that gold coin. Thus as a thumb rule one should use the plastic card only as per the necessity and should not get carried away with promotional offers attached to it.

Why not to go for promotional offers for spending in the cards

Have a look at above offer as one will never know that whether one was highest spender among top 300 clients. Earlier also HDFC bank came with an offer to provide a HDFC bag for opening of a new account which they failed to deliver.

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We Teach and Train our Clients as we want to make sure that clients trade in market as a thorough professional. Charges if any being paid by you are for the teaching and training. We do not provide any stock tips. Your joining is subject to acceptance of our terms and Disclaimer for which link is given on the site at bottom right hand corner. Wherever the word tip is written; it implies an idea which is of informational value and is not suitable for trading. Trade ideas if any are for educational purpose only. We are conducting Seminars to make Professional Traders. Join Now for Bangalore, Chennai and Hyderabad. Leave query through contact form.
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