Categories: NewsTech

FLIPKART’s 100% MONEYBACK SCAM!

Flipkart has recently launched its new “SMARTPACK” which offers you “100% Money back” when you return your phone back to them.

Buy a phone, use it for 12/18 months and return it back in any condition, You will get your money back!

You just have to pay a monthly fee and you will also get subscription of 12 major services!
Sounds a pretty good deal right?  WRONG!

For starters

You can only choose smartphones from sub 17K price point and not all phones are listed. There are 3 packs that you can choose which offer

  • 60%
  • 80%
  • 100% Money back.

Example

You buy Samsung F41 for ₹16,499/- along with that you have to pay monthly fee of ₹1,419 for 12/18 months.
You get Subscription of these Services –

1. Medlife
2. Eros Now premium
3. Voot Select
4. Gaana +
5. Curefit live
6. Practo +
7. Zee 5 Premium
8. Zomato Pro
9. Flipkart complete protection
10. Disney + Vip
11. Sony Ki
12. Voot Kids

 

The Math

Price of the phone ₹16,500
Monthly Fee ₹1,419
Total Fee paid in 18 months ₹1,419 x 18 = ₹25,542

 

Price of individual Subscription for 18 months

1. Medlife – ₹500
2. Eros Now premium – ₹600
3. Voot Select – ₹750
4. Gaana + – ₹600
5. Curefit live – ₹4000
6. Practo + – ₹3600
7. Zee 5 Premium – ₹1500
8. Zomato Pro – ₹600
9. Flipkart complete protection – ₹3000
10. Disney + Vip – ₹600
11. Sony liv – ₹1500
12. Voot Kids – Free

Total – ₹17,300

Profit

Flipkart will charge you ₹25,542 to you for this

Their Profit – ₹25,542 – ₹17,400 = ₹8,242

Let’s not forget that when corporations partner with each other, the price for subscription is way lower to them and hence the profit could be way higher.

The scam here is that Flipkart will not only charge you for subscription that you won’t use. Like honestly, the most you will be paying here will be Curefit + , Practo + ( 99% will never use them) and Flipkart complete protection which is Seriously a pain in the ass.
At the end, when we deduct the cost of the Smartphone – ₹16,500 – ₹8,242 = ₹ 8,258

Which is half the cost of the phone.

You can sell the same phone for a way better price offline after 18 months and most importantly,

YOU WILL NOT HAVE TO PAY FOR UNNECESSARY SERVICES THAT YOU WONT USE!

A lot of Youtubers are paid to promote this in order to influence people.

DONT FALL FOR THIS SCAM AND DO SHARE THIS WITH ALL YOUR FRIENDS SO THAT THEY DONT FALL FOR IT

Shaumya Tibrewala

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