Is Dhani Pay Prepaid Card worth it? Find out at ChargePlate

This article is the updated version of Dhani Super Saver Prepaid Card | Comprehensive Review. You might want to read it by clicking here.

What Dhani Pay Offered Earlier?

When launched, Dhani Pay offered a 5% cashback up to Rs. 1250 across a host of categories. The monthly fee was as low as Rs 250. It assured a savings of Rs. 1000 per month and attracted a lot of sign-ups.

Monthly fee	Maximum Cashback
INR 250		5% up to INR 1250 per month

When a significant number of people started using the so-called Super Saver Prepaid Card, without any prior intimation, Dhani Pay silently reduced the maximum monthly cashback to just Rs. 500 from Rs 1,250 that it offered earlier. But, interestingly, the monthly fee of Rs. 250 stayed intact, resulting in an effective cashback of just Rs. 250 per month.

Monthly fee	Maximum Cashback
INR 250		5% up to INR 500 per month

What Dhani Pay Offers Now?

With that latest development, Dhani Pay's user count took a free-fall. That was obvious because nowadays, people do not get inclined towards anything that doesn't hold a notable return. Panicked! Dhani Pay waived off the monthly fee of INR 250 but reduced the cashback percentage from 5% to 2%.

Monthly fee	Maximum Cashback
NIL		2% (Unlimited)

Additionally, Dhani Pay introduced another three paid subscription plan, Silver, Gold and Platinum. All these three plans offer a 5% cashback, but the maximum cashback threshold has been capped for each plan. One can also opt to subscribe for a plan with a longer tenure to save some extra bucks. Illustrated below.

Taking the above plans into consideration, we have illustrated below, the maximum savings that one can avail of with Dhani Pay Prepaid Card by opting the yearly plan.

Plan	Yearly Fee	Max CB P/M	Total CB P/A	Total Savings
Silver	INR 900	5% of 5000 = 250	250 × 12 = 3000	3000 – 900 =2100
Gold	INR 2100	5% of 7000 = 350	350 × 12 = 4200	4200 – 2100 = 2100
Platinum	INR 3400	5% of 10000 = 500	500 × 12 = 6000	6000 – 3400 = 2600

Bottomline

Earlier, the Dhani Pay Prepaid Card seemed very attractive and we had given our feedback accordingly but unfortunately they couldn't maintain the perks for even a single year after it's launch, Changing plan and cashback criteria so often and that too without any prior intimation feels like a deception towards Dhani Pay cardholders.

Furthermore, we suppose people are not so dumb to keep using the Dhani Card for these cashbacks in the size of a peanut. And as said earlier in our Dhani Pay article, we hold both Amazon Pay Credit Card for our shopping needs at Amazon and Flipkart Axis Bank Credit Card for our shopping at Flipkart. For utility bills and mobile recharges, we use the Payzapp card and get 5% and 10% cashback, respectively. When most of our requirements are already being discounted with the help of other financial instruments, we see no point in carrying this extra headache.

However, if 2% cashback on your spends satisfies your zeal, you can opt it.

Thanks for reading!

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INTERLINKED ARTICLE: Dhani Super Saver Prepaid Card | Comprehensive Review