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Home Personal Finance iPhone 16: Bought iPhone 16 for Rs 27,000, used this method

iPhone 16: Bought iPhone 16 for Rs 27,000, used this method

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iPhone 16: Bought iPhone 16 for Rs 27,000, used this method
iPhone 16: Bought iPhone 16 for Rs 27,000, used this method

iPhone 16: A user on the social platform Reddit has told that he was able to buy the iPhone 16 (256GB) priced at around Rs 90,000 for only Rs 27,000. The user got a big discount due to HDFC Bank credit card reward points.

Tech brand Apple recently launched its iPhone 16 lineup, which includes four models – iPhone 16, iPhone 16 Plus, iPhone 16 Pro and iPhone 16 Pro Max. The starting price of this lineup in India is Rs 79,900 but a Reddit user has claimed to buy a model of iPhone 16 worth around Rs 90,000 for only Rs 27,000 and his post is going viral. Let us tell you how he got such a big discount.

A user on the social networking site Reddit told that he bought the 256GB storage variant of the iPhone 16 for less than Rs 27,000 due to a big discount. Whereas the price of this variant in the Indian market has been kept at Rs 89,900. The user shared a screenshot showing how he was able to buy the device so cheaply with the help of his credit card. It is claimed that this was possible due to the reward points available in HDFC Bank card.

Benefit due to HDFC Bank credit card

The user claimed that he used HDFC Infinia Credit Card to buy iPhone 16 (256GB) and he had to pay only Rs 26,970. The remaining Rs 62,930 was paid through the credit card reward points present in the card. The screenshot shows that a large part of the price of iPhone 16 has been paid with the help of reward points.

Let us tell you, many credit cards give their users some reward points for every payment. These points can be used as a discount for savings. That is, the reward points received by the user due to the earlier expenditure, could be availed as a big discount on iPhone 16.

How much money did you spend to get so many points?

Another user on the Reddit post asked how much money had to be spent to collect 62,930 reward points. In response to this, the user who bought the iPhone 16 said, ‘About Rs 15 lakh.’ That is, in case of spending about Rs 15 lakh through credit card, the user got more than 62 thousand reward points, which he could later use as a discount while buying iPhone 16.

Let us tell you, even if you do not have thousands of credit card points, customers are being given a cashback of Rs 5000 and instant discount in case of payment with select bank cards at Apple Store and partner retail stores. If you want, you can buy the new iPhone 16 at a discounted price even by exchanging the old device.

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