Cards for paytm wallet reload

[ashishp]

Which are the top 5 credit cards for paytm wallet reload?

 

[WhoU]

Bob Eterna
IDFC Wealth
Amex cards
Au cards
HDFC millennia
Icici apay

 

[pradeepG]

Bob Eterna
IDFC Wealth
Amex cards
Au cards
HDFC millennia
Icici apay

all these cards give rewards upon wallet reload?

 

[WhoU]

all these cards give rewards upon wallet reload?

Yes, why would I list them if they don’t

 

[Sreekar]

How about IDFC Select card ? Does it give rewards ?

 

[spider]

Yes, why would I list them if they don’t

Hold on Amazon card gives too?, if yes how much?, can I try from p****app?

 

[WhoU]

Hold on Amazon card gives too?, if yes how much?, can I try from p****app?

I haven’t verified apay personally, but I have read in this forum at multiple places it gives 1%. Try and let us know if they don’t.

 

[kkk]

How about IDFC Select card ? Does it give rewards ?

Yes IDFC select also gives. I have verified recently.

 

[Sreekar]

Thanks @kkk Then how about using IDFC Select to transfer 50k to Paytm wallet, then again transfer to bank ? We get reward points as well as get the money back to pay the CC bill. IDFC Select has some weird reward calculation as 10X after 'incremental spends on 25000'. Does it mean for anything above 25k spent on a transaction, reward points are 10X and for 25K it will be 1X I think.

 

[kkk]

Thanks @kkk Then how about using IDFC Select to transfer 50k to Paytm wallet, then again transfer to bank ? We get reward points as well as get the money back to pay the CC bill. IDFC Select has some weird reward calculation as 10X after 'incremental spends on 25000'. Does it mean for anything above 25k spent on a transaction, reward points are 10X and for 25K it will be 1X I think.

So, I have tried it this month and I received 6x rewards (which converts to 1.2%). Have to wait for billing cycle to end to see if we get 10x for >25k. I have transferred around 47k this month. But keep in mind that Paytm charges 2.35% for wallet reload and if you transfer the amount frequently to bank then this charge can go up to 4.35% in coming months. I normally use paytm wallet amount to pay credit card bill.

 

[Sreekar]

Ahh Yes. completely missed that part of Paytm wallet reload charges ! Yes does not make sense to load Paytm Wallet using IDFC Select unless the Rewardpoints are covering up for the paytm charges. probably whenver paytm offers a discount to load wallet using Credit card, it would be good to use IDFC Select/Wealth

 

[kkk]

Ahh Yes. completely missed that part of Paytm wallet reload charges ! Yes does not make sense to load Paytm Wallet using IDFC Select unless the Rewardpoints are covering up for the paytm charges. probably whenver paytm offers a discount to load wallet using Credit card, it would be good to use IDFC Select/Wealth

Yeah. I received 1.5% cashbackpoints so did the transaction.

 

[ashishp]

Ahh Yes. completely missed that part of Paytm wallet reload charges ! Yes does not make sense to load Paytm Wallet using IDFC Select unless the Rewardpoints are covering up for the paytm charges. probably whenver paytm offers a discount to load wallet using Credit card, it would be good to use IDFC Select/Wealth

You can use Zomato payment section for loading paytm wallet upto 4000 INR without any charges.

 

[kkk]

You can use Zomato payment section for loading paytm wallet upto 4000 INR without any charges.

That is for Amex MRCC card 😛

 

[ashishp]

That is for Amex MRCC card 😛

Zomato allows to load your Paytm wallet upto 4000 INR using any credit card. I have used Hdfc regalia, indusind legend , kotak league, idfc select, AU zenith.

 

[pradeepG]

Yes, why would I list them if they don’t

no header footer mentioned. so not much clear. also there might have been some tncs, as millenia and APay are surprising name in this list if i consider as final answer too.

 

[satviksehgal]

SC ULTIMATE. 3.3% flat rewards for wallet Loading

 

[kkk]

Zomato allows to load your Paytm wallet upto 4000 INR using any credit card. I have used Hdfc regalia, indusind legend , kotak league, idfc select, AU zenith.

I meant for MRCC, we need to do 1500 * 4 in a month to get 1k points. So I am keeping for this.

 

[abhiver]

I meant for MRCC, we need to do 1500 * 4 in a month to get 1k points. So I am keeping for this.

You can do only 2 transaction of 1500, because the limit is only 4K. I wish it would be 6K.

 

[kkk]

You can do only 2 transaction of 1500, because the limit is only 4K. I wish it would be 6K.

Yeah, something is better 🙂