January 2020 was pretty mild as I did not make any major purchases, hence earning reward points was limited. However I did manage to score a couple of small but good ones.

Get rewarded for Insurance purchases

I did!!! American Express is running a campaign for Insurance payments where you get 10 points per Rs.100 spent on Insurance payments. I did not have any insurances to pay for the month. Know what I did?

Checked with my friends and relatives if anyone had to pay theirs? I found someone who needed to. I ended up making 500 points off it.

Small savings make a big difference

Here is a screenshot from my Amazon account. Small cashbacks and rewards you collect for your day-to-day expenses, grocery purchases, mobile top-ups will at the end of the year make a big difference.

In 2019 alone, I made over Rs.26,000 from Amazon as cashbacks and rewards. Rs.22,000 in my account, another Rs.4,000 in my wife’s.

My Overall Points, Cashbacks and Rewards

wdt_ID Period Redeemed in the Year Available Balance
2 31 Dec 2019 98,155 35,275
3 31 Jan 2020 8,086 35,687
Period Redeemed in the Year Available Balance

My Cashbacks and Rewards as of January’20:

All of these are in Rupees. I have used the most conservative (well below market) values to convert points and miles to Rupees.

Available Balance – Points, Rewards and cashbacks

wdt_ID Segment Value in Jan'20 Value in Dec'19
1 American Express Points 7,162 6,492
3 Cashkaro 2,860 2,833
8 CRED 4,171 4,091
9 Airmiles 13,438 13,438
10 Flipkart Supercoins & Vouchers 2,860 2,764
11 Hotels & Stay points 2,593 2,593
12 Other points programs 200 700
13 Quickride 2,032 2,032
14 IOC Rewards 225 208
15 Play Rewards 146 126
Segment Value in Jan'20 Value in Dec'19
∑ = 35,687 ∑ = 35,277

Redeemed Cashbacks and Rewards as of January’20:

This is as much a Passive Income as any other area. Think about it, if not for the cashbacks and points I used up, I would have spent actual cash. Thanks to the rewards and cashbacks, I could save actual cash and still buy day to day products.

wdt_ID Segment Value in Jan'20 Total in 2019
1 American Express Points 0 10,000
3 Cashkaro 0 5,117
8 CRED 0 8,338
9 All other Credit Cards 407 0
10 Flipkart Supercoins & Vouchers 0 1,000
11 Other points programs 0 500
12 Quickride 6,693 43,990
13 Paytm Cashbacks 16 2,213
14 Amazon Pay Card+Cashbacks 970 26,938
15 Play Rewards 0 60
Segment Value in Jan'20 Total in 2019
∑ = 8,086 ∑ = 98,156

All updates for the month of December’19:

Earning Reward Points & Cashbacks update - January'20

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