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.

 

[TheMentalist]

I paid the IDFC bill through MobiKwik with an HDFC platinum card. Got 1% cashback points.
Tested with 5k on the 8th, and got 50 points today.

Tried a PNB card payment through Bajaj Finance - Didn't receive points

What was the merchant name for Bajaj Finance??

I'm sorry if I'm posting a repetitive question but..


I have a large payment due (~ 2.5 lakhs) for Hdfc INFINIA.
What would be the best pay to pay for the same.
I tried the Bill pay option via HDFC mobile app for 1% cashback. But can't add the card via mobile app.

You can pay on Mobikwik thru ur HDFC platinum DC as mentioned above. Rest depends on the other DCs you hold

 

[hks789]

I'm sorry if I'm posting a repetitive question but..


I have a large payment due (~ 2.5 lakhs) for Hdfc INFINIA.
What would be the best pay to pay for the same.
I tried the Bill pay option via HDFC mobile app for 1% cashback. But can't add the card via mobile app.

You cannot do hdfc payments through hdfc billpay. Also HDFC platinum gives a max of 750rs cashback for 75k per month.
If you have multiple hdfc debit cards, try payment through MobiKwik. Also if you have an IndusInd signature dc you can pay up to 112000 through Paytm.

Else there is a new app called cheq

‎CheQ: Credit Bill Payments

‎CheQ is India’s most rewarding credit card bill payment platform. Join over 30 lac+ users who are rewarded every month for making their credit card bill payments on CheQ. Manage your credit card bills on CheQ & earn 1% chips on every bill payment. Get discounts on every bill and redeem...

cheq.onelink.me

Join beta through this.

CheQ Public Beta

Hi, Thank you for your interest in CheQ! Our public beta is now ended. We are overwhelmed by the positive response to our initial release. And, grateful for all the feedback shared. Couldn't be more excited & motivated for what comes next – our launch. ☺️ Before you leave, please share your...

t.co

Right now it is in beta and invites only basis.
You needed to sign up through Google Sheets and they will add you to beta testers.
NB: It is similar to cred(will ask for PAN and sms permission). Test with small amounts first

 

[hks789]

What was the merchant name for Bajaj

 

[TheMentalist]

You cannot do hdfc payments through hdfc billpay. Also HDFC platinum gives a max of 750rs cashback for 75k per month.
If you have multiple hdfc debit cards, try payment through MobiKwik. Also if you have an IndusInd signature dc you can pay up to 112000 through Paytm.

Else there is a new app called cheq

‎CheQ: Credit Bill Payments

‎CheQ is India’s most rewarding credit card bill payment platform. Join over 30 lac+ users who are rewarded every month for making their credit card bill payments on CheQ. Manage your credit card bills on CheQ & earn 1% chips on every bill payment. Get discounts on every bill and redeem...

cheq.onelink.me

Join beta through this.

CheQ Public Beta

Hi, Thank you for your interest in CheQ! Our public beta is now ended. We are overwhelmed by the positive response to our initial release. And, grateful for all the feedback shared. Couldn't be more excited & motivated for what comes next – our launch. ☺️ Before you leave, please share your...

t.co

Right now it is in beta and invites only basis.
You needed to sign up through Google Sheets and they will add you to beta testers.
NB: It is similar to cred(will ask for PAN and sms permission). Test with small amounts first

What is benefit of making cc payments thru CheQ??

 

[hks789]

What is benefit of making cc payments thru CheQ??

CheQ gives you 1% CheQ coins. UI is slick like Cred.
4 coins = 1₹ --> 0.25% for cash
1 coin = 1₹ --> 1% for voucher redeem(Amazon, Flipkart available).



I don't see a cap for this now. Will test this more and post the results.

 

[jack333]

I'm sorry if I'm posting a repetitive question but..


I have a large payment due (~ 2.5 lakhs) for Hdfc INFINIA.
What would be the best pay to pay for the same.
I tried the Bill pay option via HDFC mobile app for 1% cashback. But can't add the card via mobile app.

Pioneer debit card gives 0.5% with no capping

 

[xiddy]

Yes it took me 3 days for ICICI to reflect my payment as well. Good thing is that payment date remains same, the day you paid actually.

It still hasn't reflected on ICICI's end.

 

[panu24]

It still hasn't reflected on ICICI's end.

Maybe wait for 1 or 2 days more.

 

[Deleted member 5552]

What is benefit of making cc payments thru CheQ??

You will get cheque and chips 🙏

 

[jack333]

Let me explain what I meant with an example. I think we are using the term incremental to refer to different things


Case 1:
You pay your 55K CC bill. It is your 1st transaction of the month. So the calculation is as follows
For the 1st 5K: you get 5000/200*2 = 50 points
Rs. 5001 - 10,000: you get (10000-5000)/200*3 = 75 points
Rs. 10,001 - 20,000: you get (20000-10000)/200*4 = 200 points
Rs. 20,001 - 40,000: you get (40000-20000)/200*5 = 500 points
Above Rs. 40,000: you get (55000-40000)/200*6 = 450 points
Total points for your 1st transaction of 55K = 50 + 75 + 200 + 500 + 450 = 1275 points = (1275*0.35) rupees = 446.25 rupees = 0.81% return


Case 2:
You pay your 55K CC bill. It is your 2nd transaction of the month. Previously you did a transaction of 40K. Total transaction value for the month is 95K. So the calculation is as follows
For the 1st 5K: you get 5000/200*2 = 50 points
Rs. 5001 - 10,000: you get (10000-5000)/200*3 = 75 points
Rs. 10,001 - 20,000: you get (20000-10000)/200*4 = 200 points
Rs. 20,001 - 40,000: you get (40000-20000)/200*5 = 500 points
Above Rs. 40,000: you get (95000-40000)/200*6 = 1650 points
Total points for 95K = 50 + 75 + 200 + 500 + 1650 = 2475 points
Previously you did a transaction of 40 K. For that you got 50+75+200+500 = 825 points
So for your 2nd transaction of 55K you will get 2475-825 = 1650 points = 577.5 rupees = 1.05% return if you consider just the 55K transaction
And if you consider the total transaction value for the month you get 2475 points = 866.25 rupees = 0.91% return

I hope this clarifies what I meant here: https://www.technofino.in/community...d-0-93-and-hdfc-1-debit-card.4373/post-103701

Above what total transaction in a month will we get 1% return?

 

[sharad131]

Has anyone redeemed HDFC easyshop platinum debit card points for cashback in account recently? I am trying thru HDFC net banking from last 3 days and getting below error. Have 1500 points after paying 75k credit card bill for 2 consecutive months.

"We apologize, but this facility is temporarily unavailable. Please try again later."

 

[Copycat]

Above what total transaction in a month will we get 1% return?

You can't get more than 0.93%. This is because of the restriction on the total number of points that you can earn per month. As kushal pointed out:
"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)"

 

[jack333]

CheQ gives you 1% CheQ coins. UI is slick like Cred.
4 coins = 1₹ --> 0.25% for cash
1 coin = 1₹ --> 1% for voucher redeem(Amazon, Flipkart available).

View attachment 8913View attachment 8912

I don't see a cap for this now. Will test this more and post the results.

Will we get extra advantage of paying credit card bill through indusind or hdfc debit card via cheq app?

 

[Wealth is my birth right!]

Has anyone redeemed HDFC easyshop platinum debit card points for cashback in account recently? I am trying thru HDFC net banking from last 3 days and getting below error. Have 1500 points after paying 75k credit card bill for 2 consecutive months.

"We apologize, but this facility is temporarily unavailable. Please try again later."

Monthly some 4 or 5 days we get such response try to redeem post 48 hrs it will work

 

[Shreyasrp]

Hello, I have a hdfc cc and hdfc platinum dc
Currently I’m using CRED to pay my bill but it’s not as rewarding as it used to
Any options though which I can get 1% cash back on my platinum dc by paying my hdfc cc bill ?
Or any other rewarding ways ?

 

[hks789]

Hello, I have a hdfc cc and hdfc platinum dc
Currently I’m using CRED to pay my bill but it’s not as rewarding as it used to
Any options though which I can get 1% cash back on my platinum dc by paying my hdfc cc bill ?
Or any other rewarding ways ?

Pay using mobikwik. You will get 1% till 750rs

 

[panu24]

Pay using mobikwik. You will get 1% till 750rs

You pay using mobikwik Or hdfc billpay system, total 1% cashback you earn will be 750 per month only.

 

[Shreyasrp]

Okay, you can share your referral to get some bonus because it will be my first time downloading MobiKwik.
Also the 1% will be categorized in which section? And there are no extra charges to pay my cc bill via dc right ?

 

[hks789]

Okay, you can share your referral to get some bonus because it will be my first time downloading MobiKwik.
Also the 1% will be categorized in which section? And there are no extra charges to pay my cc bill via dc right ?

There won't be any extra charge for dc payments.
Referral: Here

 

[thekirang]

I added money from millenia dc to paytm wallet. But in transaction it shown paytm payment service instead of paytm wallet.



m i eligible for 1% cashback on wallet load ?