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  • Manhattan Platinum Spends Assumptions

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    The Manhattan Platinum credit card earns reward points at different rates depending on category of spending. Cardholders earn 5 points per 100 spent on hotels, dining, fuel, and other purchases. A sample monthly spending of Rs. 10,000 would earn 500 points. Over a year, 6,000 points could be redeemed for gifts or cashback worth Rs. 8,750 in total annual savings.

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    The Manhattan Platinum credit card earns reward points at different rates depending on category of spending. Cardholders earn 5 points per 100 spent on hotels, dining, fuel, and other purchases. A sample monthly spending of Rs. 10,000 would earn 500 points. Over a year, 6,000 points could be redeemed for gifts or cashback worth Rs. 8,750 in total annual savings.

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    19 views1 page

    Manhattan Platinum Spends Assumptions

    Uploaded by

    vsatyana
    The Manhattan Platinum credit card earns reward points at different rates depending on category of spending. Cardholders earn 5 points per 100 spent on hotels, dining, fuel, and other purchases. A sample monthly spending of Rs. 10,000 would earn 500 points. Over a year, 6,000 points could be redeemed for gifts or cashback worth Rs. 8,750 in total annual savings.

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    MANHATTAN PLATINUM CREDIT CARD

    Reward Points Earned per ` 100 :

    Spent at Hotel Dining Fuel Others

    Amount 100 100 100 100

    Manhattan Platinum 5 5 5 5

    Assumption: Points earned per month :

    Spent at Hotel Dining Fuel Others Total

    Amount 4,000 3,000 2,000 1,000 10,000

    Manhattan Platinum 200 * 150 100 50 500

    *(4,000 x 5)/100 = 200 points.

    Points earned Annually: 500 x 12 = 6,000 Redeem the 6,000 points earned annualy for American Tourister Professional Backpack or a variety of other combinations such as follows:
    Assumption: Points earned per month :

    Brand Name Titan gift voucher Hidesign gift voucher Lifestyle gift voucher Cry donation Total

    Reward points required 1,980 990 2,250 500 5,720

    Redemption value (Amount Saved by the customer) 1,000 500 1,000 250 2,750

    5% Cashback at Super Markets and Departmental Stores: Maximum Cashback p.m. restricted to ` 500. Maximum Cashback p.a. = ` 6,000. Therefore, Total Saving by Customer p.a. = 2,750 + 6,000 = ` 8,750.

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