Read More About Flipkart and HDFC Earning - Click Here
By Tushar Shah
Flipkart does 600 crores sales on Big Billion Day. HDFC Bank should make some money !!
Everybody has been shouting, cursing, writing about the The Big Billion Day Sale of Flipkart.
So let me add some more bullshit on this Also after a 5 day weekend its anyways tough to focus on markets right away.
I believe a lot of us have HDFC Bank Credit Cards. Every now and then you see cash back offers/discounts and so on to make you spend via the credit cards.
For the last few years they also have a 3 month payment holiday on retail transactions specifically over-lapping the festival/spending season.
Even Parag Parikh a seasoned investor wants to spend in this season. A nice article by him – This season is wasteful ( but fun)
This article by Livemint gives a good de-jargonizes the Payment Holiday Concept– Link
As a loyal HDFC Bank customer i have been using this facility to get an ego trip by redeeming some gifts and money from the bank.
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