Best Way to pay Credit Card Bill

[kushal]

Guys I am redacting this post as I have been asked by the bank for non disclosure as mentioned in TnCs else my account would be suspended. They had asked me to remove this as this violates the TnC related to not getting reward points for CC payments.

 

[Sanskar]

Yes did once for Amex payment but in my account I am getting upi option only no debit card pay shows

No I am taking about IndusInd bank signatur Exclusiv/select card or RBL bank signature+ card cc bill payment through cred? And did you get Cashback?

 

[Vineet Kumar]

Have Indus Exclusive Account and the World Master Debit Card provides 6X rewards above 20K usage. Excellent if used for CC Payments.

 

[kshitij_0]

Have Indus Exclusive Account and the World Master Debit Card provides 6X rewards above 20K usage. Excellent if used for CC Payments.

Can you convert that into % return as we are not aware how those reward points are redeemed?

 

[Vineet Kumar]

There is IndusMoment Portal for reward redemption. Very smooth process.

 

[kshitij_0]

There is IndusMoment Portal for reward redemption. Very smooth process.

I am asking what's the exact value of that reward point? Coz I don't have indus account, I am planning to open one

 

[hakunamatata]

I am asking what's the exact value of that reward point? Coz I don't have indus account, I am planning to open one

35 paise/point direct to a/c.

 

[ARV]

I am asking what's the exact value of that reward point? Coz I don't have indus account, I am planning to open one

0.93% for 1.1L spend

 

[abhishekvora91]

HDFC:
Most of us know that the best way to pay Bills for the Credit Card is the HDFC Bill Pay Portal, it allows us 1% reward rate for max 750 per month.
A person has to use the HDFC Bill pay portal via Netbanking/Mobile Banking for the same. (Using Easyshop Platinum Debit Card)

IndusInd:
The second best way is premium Indusind Debit Cards, i.e., Select/Exclusive Debit Card, it offers upto 0.93% reward rate and could be beneficial for those who frequently exhaust the HDFC limit,
Note: Paytm does not accept the mastercard variant of these cards, so in my experience Mobikwik does and gives the reward. For Visa Variant, paytm would work.
Unlike HDFC, Indusind offers incremental rewards for Credit Card payment, the rewards you get are (Brackets for total monthly spend):

Spend 5k - 0.35% - Rs 17
Spend 10k - 0.43% - Rs 43
Spend 20k - 0.56% - Rs 112
Spend 30k - 0.67% - Rs 201
Spend 40k - 0.72% - Rs 288
Spend 50k - 0.78% - Rs 390
Spend 60k - 0.83% - Rs 500
Spend 80k - 0.88% - Rs 704
Spend 100k - 0.92% - Rs 920
Spend 112.5k (Max) - 0.93% - Rs 1050
Here the max limit for Cashback is Rs 1050 a month as a person can get max 3000 reward points (1 RP= Rs 0.35)

HDFC:
Most of us know that the best way to pay Bills for the Credit Card is the HDFC Bill Pay Portal, it allows us 1% reward rate for max 750 per month.
A person has to use the HDFC Bill pay portal via Netbanking/Mobile Banking for the same. (Using Easyshop Platinum Debit Card)

IndusInd:
The second best way is premium Indusind Debit Cards, i.e., Select/Exclusive Debit Card, it offers upto 0.93% reward rate and could be beneficial for those who frequently exhaust the HDFC limit,
Note: Paytm does not accept the mastercard variant of these cards, so in my experience Mobikwik does and gives the reward. For Visa Variant, paytm would work.
Unlike HDFC, Indusind offers incremental rewards for Credit Card payment, the rewards you get are (Brackets for total monthly spend):

Spend 5k - 0.35% - Rs 17
Spend 10k - 0.43% - Rs 43
Spend 20k - 0.56% - Rs 112
Spend 30k - 0.67% - Rs 201
Spend 40k - 0.72% - Rs 288
Spend 50k - 0.78% - Rs 390
Spend 60k - 0.83% - Rs 500
Spend 80k - 0.88% - Rs 704
Spend 100k - 0.92% - Rs 920
Spend 112.5k (Max) - 0.93% - Rs 1050
Here the max limit for Cashback is Rs 1050 a month as a person can get max 3000 reward points (1 RP= Rs 0.35)

@kushal Can we connect over call for this??​

 

[churn]

Those using Indusind debit card, have you tried using the BillPay facility of Indusind. I know you get rewards via Paytm/Mobikwik, but just wanted to know if someone tried using the bill pay of Indusind bank.

 

[sv004]

Can someone confirm if they are getting rewards points on loading paytm via millenia debit card

 

[Prakash2004]

Those using Indusind debit card, have you tried using the BillPay facility of Indusind. I know you get rewards via Paytm/Mobikwik, but just wanted to know if someone tried using the bill pay of Indusind bank.

Indusind billpay doesn't allow payment via debit card, so I don't see any reason to use it

 

[kshitij_0]

Can anyone tell me how to pay IDFC Bank CC Bill by using HDFC CC as in HDFC Bill Pay we can't register IDFC Bank Credit Card?

 

[TheMentalist]

Can someone confirm if they are getting rewards points on loading paytm via millenia debit card

It gives 1% upto 400

Can anyone tell me how to pay IDFC Bank CC Bill by using HDFC CC as in HDFC Bill Pay we can't register IDFC Bank Credit Card?

Mobikwik might be an option : https://www.technofino.in/community/threads/regarding-hdfc-bill-pay.3430/post-101227

 

[jack333]

I

I meant the cashback thing works but redemption for things against points on that moments website doesn't, shows the card as invalid etc.

I have the visa infinite pioneer debit card. Just 0.5% reward rate with it.

For pioneer debit card 1 point is equivalent to 1 rupee whereas for exclusive debit card 1 point is equivalent to 0.35 rs. I think Reward rate is same for both.
@Wealth is my birth right! Can you please also check

 

[Wealth is my birth right!]

For pioneer debit card 1 point is equivalent to 1 rupee whereas for exclusive debit card 1 point is equivalent to 0.35 rs. I think Reward rate is same for both.
@Wealth is my birth right! Can you please also check

But to get pioneer dc charges free one have to maintain pioneer balance without any mab waivers

 

[jack333]

HDFC:
Most of us know that the best way to pay Bills for the Credit Card is the HDFC Bill Pay Portal, it allows us 1% reward rate for max 750 per month.
A person has to use the HDFC Bill pay portal via Netbanking/Mobile Banking for the same. (Using Easyshop Platinum Debit Card)

IndusInd:
The second best way is premium Indusind Debit Cards, i.e., Select/Exclusive Debit Card, it offers upto 0.93% reward rate and could be beneficial for those who frequently exhaust the HDFC limit,
Note: Paytm does not accept the mastercard variant of these cards, so in my experience Mobikwik does and gives the reward. For Visa Variant, paytm would work.
Unlike HDFC, Indusind offers incremental rewards for Credit Card payment, the rewards you get are (Brackets for total monthly spend):

Spend 5k - 0.35% - Rs 17
Spend 10k - 0.43% - Rs 43
Spend 20k - 0.56% - Rs 112
Spend 30k - 0.67% - Rs 201
Spend 40k - 0.72% - Rs 288
Spend 50k - 0.78% - Rs 390
Spend 60k - 0.83% - Rs 500
Spend 80k - 0.88% - Rs 704
Spend 100k - 0.92% - Rs 920
Spend 112.5k (Max) - 0.93% - Rs 1050
Here the max limit for Cashback is Rs 1050 a month as a person can get max 3000 reward points (1 RP= Rs 0.35)

As one rp is equal to 0.35 rs. So this 0.94% cashback is in terms of reward points or rupees?

 

[jack333]

HDFC:
Most of us know that the best way to pay Bills for the Credit Card is the HDFC Bill Pay Portal, it allows us 1% reward rate for max 750 per month.
A person has to use the HDFC Bill pay portal via Netbanking/Mobile Banking for the same. (Using Easyshop Platinum Debit Card)

IndusInd:
The second best way is premium Indusind Debit Cards, i.e., Select/Exclusive Debit Card, it offers upto 0.93% reward rate and could be beneficial for those who frequently exhaust the HDFC limit,
Note: Paytm does not accept the mastercard variant of these cards, so in my experience Mobikwik does and gives the reward. For Visa Variant, paytm would work.
Unlike HDFC, Indusind offers incremental rewards for Credit Card payment, the rewards you get are (Brackets for total monthly spend):

Spend 5k - 0.35% - Rs 17
Spend 10k - 0.43% - Rs 43
Spend 20k - 0.56% - Rs 112
Spend 30k - 0.67% - Rs 201
Spend 40k - 0.72% - Rs 288
Spend 50k - 0.78% - Rs 390
Spend 60k - 0.83% - Rs 500
Spend 80k - 0.88% - Rs 704
Spend 100k - 0.92% - Rs 920
Spend 112.5k (Max) - 0.93% - Rs 1050
Here the max limit for Cashback is Rs 1050 a month as a person can get max 3000 reward points (1 RP= Rs 0.35)

HDFC:
Most of us know that the best way to pay Bills for the Credit Card is the HDFC Bill Pay Portal, it allows us 1% reward rate for max 750 per month.
A person has to use the HDFC Bill pay portal via Netbanking/Mobile Banking for the same. (Using Easyshop Platinum Debit Card)

IndusInd:
The second best way is premium Indusind Debit Cards, i.e., Select/Exclusive Debit Card, it offers upto 0.93% reward rate and could be beneficial for those who frequently exhaust the HDFC limit,
Note: Paytm does not accept the mastercard variant of these cards, so in my experience Mobikwik does and gives the reward. For Visa Variant, paytm would work.
Unlike HDFC, Indusind offers incremental rewards for Credit Card payment, the rewards you get are (Brackets for total monthly spend):

Spend 5k - 0.35% - Rs 17
Spend 10k - 0.43% - Rs 43
Spend 20k - 0.56% - Rs 112
Spend 30k - 0.67% - Rs 201
Spend 40k - 0.72% - Rs 288
Spend 50k - 0.78% - Rs 390
Spend 60k - 0.83% - Rs 500
Spend 80k - 0.88% - Rs 704
Spend 100k - 0.92% - Rs 920
Spend 112.5k (Max) - 0.93% - Rs 1050
Here the max limit for Cashback is Rs 1050 a month as a person can get max 3000 reward points (1 RP= Rs 0.35)

It is incremental slab based rewards or on total monthly spends you get rewards for that slab directly?

 

[Sanskar]

For pioneer debit card 1 point is equivalent to 1 rupee whereas for exclusive debit card 1 point is equivalent to 0.35 rs. I think Reward rate is same for both.
@Wealth is my birth right! Can you please also check

Till 112000 exclusive have 0.93% Reward rate, Pioneer have 1 reward on 200rs

 

[Sanskar]

But to get pioneer dc charges free one have to maintain pioneer balance without any mab waivers

You can get Pioneer DC Card after paying fee

https://www.indusind.com/content/dam/indusind-corporate/schedule-of-charges/savings-account/SOB-SA-Indus-Exclusive.pdf

 

[jack333]

Till 112000 exclusive have 0.93% Reward rate, Pioneer have 1 reward on 200rs

So exclusive is better than pioneer.
Is it incremental slab based rewards like interest on saving account or on total monthly spends you get rewards for that slab directly?