[Resolved]  I-Mint Card — Points rewarding or cheating

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Maharashtra

To get one I-mint point, one needs to spend/ transact Rs.100/-. By that calculation a person to get 5000 I-mint points must transact or spend Rs.5,00,000/-. As per normal calculation 5000 i-mint points are worth Rs.500/- only i.e. 10 paisa per point, which means person who are spending 5 lac are getting paltry Rs.500/- worth faltu goods only @ 0.01 percent. Hence one should be cautious before shoping anything under such scheme, since on shopping worth Rs.5 lac, there must not be less then 30-40 percent profit by vendor i.e almost 2 lac margin hence I-mint and such othe schemes are not rewarding schemes but actually are cheating schemes to my mind. it provok customer to buy, do shoping but in reality it's not rewarding at all, hence customer be cautious especially of icici's any scheme.