Deal Alert – Save 75% on Netflix using HDFC Bank Credit Cards
Introduction
HDFC Bank is running an incredible promotion where the first 3 months of your Netflix subscription are effectively free. The money will be posted as a cash back credit in your statement and not as reward points which is fantastic.
Deal Details
- Offer can be availed anytime between 1st August 2019 to 31st October 2019
- Max Cash back capped at INR 499 per month for upto 3 months
- Cash back posted 90 days post month of registration (You need to be live for minimum 4 months hence)
- Eligible Credit Cards
- Infinia
- Regalia / Business Regalia
- Regalia First / Business Regalia First
- Jet Airways Co Branded Cards (including Diners)
- Diners Club Black / Club Miles
To avail the offer you simply need to head to Netflix and register a new account and provide eligible method of payment as your HDFC Bank credit card. Since the first month of Netflix is actually free, I am not exactly sure how the cash back will work. If you ignore the free month, the cash back is still impressive at 75%. Anything on top of that is icing on the cake (100% cash back if you assume the table below provided on their site is correct)
Cash back posting illustration
| Registration Month | 3 Month Ending | Cashback Posting Date |
|---|---|---|
|
Aug 2019 |
Oct 2019 |
30 Nov 2019 |
|
Sep 2019 |
Nov 2019 |
31 Dec 2019 |
|
Oct 2019 |
Dec 2019 |
31 Jan 2020 |
The above table provides an indicative illustration of when the cash back will be posted. For the cash back to be posted, you still need to be billed for Netflix in the fourth month. Check out this link for the full details of the offer.
Conclusion
It is great to see such an incredible offer from HDFC Bank and Netflix is increasingly creating content with an Indian audience in mind. You should definitely check out this offer.
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