Nihal

[Nihal @thepointsuncle]

Silver ETF creation unit sizes reveal the physical silver quantity backing your investment, enabling you to calculate your exact per gram cost basis and true metal exposure. Exp ratio and gst for physical delivery is extra

[Raja Agrawal @CardVala]

I personally know someone who has been routing excess credit card payments worth crores through bank accounts, getting the money refunded, and generating millions of Edge Reward points in the process.

Those points are then converted through Amazon Pay routes, used to purchase gold, and eventually liquidated back into cash.

When reward systems are exploited at this scale, it’s hardly surprising that banks are tightening the rules.

Unfortunately, genuine users may end up paying the price too. 😂

[Akash @ccg33k]

₹2.5 value per Accor point offer in Middle East 👇

[Banrakas 🌏 @noyes99]

Sorry Infinia. You got replaced overnight #AmericanExpress

[SambhavāmiYugeYuge - Healthmaxxing🌞 @Windsofchange72]

Gujju girls be making iconic reels ✨

[LoyaltyLobby @LoyaltyLobby]

Accor is surveying ALL members about possible new program features:

1. Transferring points between accounts
2. Milestone Rewards

https://t.co/67srRfiTV7

[Ankur Mittal @ankurmittal]

It would have been better if @AxisBank delivers Burgundy Private Credit Card directly to the customer instead of the branch. The card was delivered to branch on Thursday, but it seems I would be receiving the card only next week 😐

[Nihal @thepointsuncle]

@drabhaydaga Let’s gooooo! 🚀@mayurjadhao1

[Dr Abhay Daga @drabhaydaga]

A little too much #Burgundy obsession? 😍

🪓 Burgundy Private
🪓 Burgundy Private DC
🪓 Magnus for Burgundy

📱 And now… Burgundy iPhone 18 Pro Max!

Different shades, same obsession! 🔥 🔥

#BurgundyLife #AxisBank #iPhone18ProMax

[Card Maven @CardMavenIn]

Jewellery bill ₹62,300. Accidentally swiped ₹6,23,000. The jeweller refunds ₹5.6L in cash.

Milestone ✅ Fee waiver ✅ Reward points ✅ (Regalia Gold doesn’t exclude jewellery)

Peak ccgeek luck 😂

[Alok Jain ⚡ @WeekendInvestng]

Banks are safe...till they are not.

[Jay @thetrickytrade]

Underrated perk of running your own business:

Credit card points.

Your business is already spending lakhs a year. Put it on credit cards, pay in full, and let those points fly your family.

Here's the full setup:

1. Map your spend first

Pull 3 months of bank statements. List your top 5 expense heads.

For most small businesses and freelancers it's some mix of:
- SaaS and cloud bills
- Business travel and hotels
- Vendors and suppliers
- office rent, phones, office supplies

That list decides your card.

2. Know where points DON'T come

Most Indian cards exclude or cap rent, utilities, fuel, wallet loads, insurance and government or tax payments. Some cap points per month.

Read your card's exclusion list before you route ₹5L through it.

3. Watch the forex on foreign bills

Paying for US software or ads in dollars? Use a low-markup card for those, or a card that has an FX bonus, or the markup quietly eats your points.

4. Autopay the FULL bill. Always.

Credit card interest in India can run past 40% a year. Carry a balance once, and you've wiped out a year of points.

6. The mistake: redeeming on the bank's portal or statement credits

Flat value, inflated prices, and "vouchers" nobody needs. That's where points go to die.

Do this instead:
- Open a free account with the airline or hotel partner
- Find the award seat FIRST
- Check the taxes and fuel surcharges
- Then transfer only what you need (transfers are one-way)

Real-life example of a small business owner's redemption done this past week.

He routes all his vendor payments, office supplies, and other miscellaneous expenses through his and his wife's Axis Magnus (his wife is also a partner on the form). He crosses the 1.5L threshold every month and then some.

We booked him and his family of 3, round trip business class tickets to Japan for this Christmas and New Years flying JAL Business Class SkySuites for 80K JAL miles tround-trip.

10 minutes of work. Business class for the family.

Business owners: Tell me your biggest monthly spend; I will tell you the best card for it.

[niveshak @Sandeepnirvan]

𝗪𝗵𝗲𝗻 𝗮 𝗠𝗼𝗻𝗼𝗽𝗼𝗹𝘆 𝗧𝘂𝗿𝗻𝘀 𝗜𝗻𝘁𝗼 𝗮𝗻 𝗜𝗻𝘃𝗲𝘀𝘁𝗼𝗿’𝘀 𝗡𝗶𝗴𝗵𝘁𝗺𝗮𝗿𝗲 😨

IRCTC’s IPO was priced at ₹320 per share in 2019.

🔹 The IPO was subscribed around 112 times.

🔹 It listed at ₹644 on the BSE on October 14, 2019—a 101.25% premium.

🔹 On October 19, 2021, it touched ₹6,396.30 on the NSE, before the stock split. Its market cap briefly crossed ₹1 lakh crore.

After the 1:5 split, that peak translates to ₹1,279.26. The IPO price becomes ₹64 on the same basis.

𝗔𝗻𝗱 𝗪𝗵𝗲𝗿𝗲 𝗜𝘀 𝗜𝘁 𝗡𝗼𝘄?

At the October 30, 2026 NSE closing price of ₹436.20, the stock is approximately 65.9% below its peak, excluding dividends.

Still well above its adjusted IPO price. But investors who bought near the peak have had a very different experience.

𝗕𝘂𝘁 𝗪𝗵𝗮𝘁 𝗪𝗲𝗻𝘁 𝗪𝗿𝗼𝗻𝗴?

The IPO was priced at around 19 times FY19 earnings, not 251 times.

The valuation concern came after the massive rally, when investors became willing to pay much more for the monopoly story.

𝗧𝗵𝗲𝗻 𝗖𝗮𝗺𝗲 𝘁𝗵𝗲 𝗣𝗼𝗹𝗶𝗰𝘆 𝗦𝗵𝗼𝗰𝗸.

On October 28, 2021, IRCTC disclosed that the Railway Ministry wanted 50% of its convenience-fee revenue.

The next morning, the stock plunged roughly 30% intraday. The decision was withdrawn that morning, and the stock recovered sharply.

One decision. A sharp fall. A reversal within hours.

A reminder that even a monopoly carries policy risk.

𝗔 𝗺𝗼𝗻𝗼𝗽𝗼𝗹𝘆 𝗯𝘂𝘀𝗶𝗻𝗲𝘀𝘀 𝗱𝗼𝗲𝘀𝗻’𝘁 𝗴𝘂𝗮𝗿𝗮𝗻𝘁𝗲𝗲 𝗿𝗲𝘁𝘂𝗿𝗻𝘀 𝗮𝘁 𝗮𝗻𝘆 𝗽𝗿𝗶𝗰𝗲.

The price you pay matters.

Do you still think investing is so easy?

Educational only; not investment advice.

[Sick @sickdotdev]

Using a stick of RAM to stir my coffee this morning, fuck you, Sam Altman

[Shri003 @shri003]

@AffluentMist On the recent trip with Indigo Airlines, they charged extra for the blanket on an international flight - took it with me.
On a different trip, it was complementary - left it behind.

[Nihal @thepointsuncle]

@_thelazycoder @KotakBankLtd Same issue for me also now

[Make Gold Great @MakeGoldGreat]

GOLD IS DEAD 💀

A startup just announced it’s found a way to manufacture gold at scale.

All they need is 735 gigawatt-scale fusion power plants and 6.1x the world’s estimated mercury-198 resources, to produce 1 year of normal Gold mining supply.

It’s so over.

[Vineeth K @DealsDhamaka]

If Westside is charging ₹49 for credit card payments, I hope they at least give the paper bag for free. 😂

That costs another ₹12 now! 🤡

Btw, fun aside - I stopped paying directly with cc in Westside longgggg ago.

Westside GVs are available at discount everywhere. Buy GV with CC and pay with GV … remember there is a 8-hour cool down period

[Jay @thetrickytrade]

Timely reminder that no credit card gives you value if you're spending money you wouldn't have spent otherwise just to hit milestones.

If the bonus is 10k points but you spent 50k extra to get there, you didn't win. You just gave the bank exactly what they wanted. 😂

[Jay @thetrickytrade]

As of 2026, all three major hotel loyalty programs let you transfer points to someone else seamlessly - fully online.

Marriott: Transfer up to 100,000 points per calendar year; receive up to 500,000 points per year.

Hilton: Transfer up to 500,000 points per year; receive up to 20,000,000 points per year across transfers + pooling combined. Limits: 6 transfers and 6 pooling transactions.

Hyatt: Transfer and receive up to 525,000 points per year. Limits: 1 transfer per month, up to 6 transfers per year.

Pretty cool if you are playing the game at a family level. But then we all know who makes the best use of these. :p

[Jay @thetrickytrade]

Air France recently paid me ₹44,000 to shop.

On my recent flight from BKK to LHR via CDG, my checked bag didn’t make the tight CDG–LHR connection. It showed up the next day - about 18 hours later.

Under the Montreal Convention (Article 19), when an airline delays your baggage, it has to reimburse you for *essential* purchases, think basic clothing and toiletries.

The airline’s liability is capped at 1,519 Special Drawing Rights (SDR). SDRs are a “basket” of currencies, and as of March 2026, 1,519 SDR is roughly $2,060.

Because most of my clothes and toiletries were in that checked bag, I bought essentials - and Air France reimbursed me $463.54.

No back-and-forth. No arguing. Just the right claim, filed the right way, with the right paperwork.