card_wizard
TF Select
Guys saw someone's post on Twitter saying credit card billpayment using HDFC platinum debit card on SBI unipay portal gives 1% cashback. Has anyone tried this? is yes please give details
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1% cashback on CC billpayment on SBI unipay portal?
- Thread starter card_wizard
- Start date
Akash Topder
TF Premier
Does Rent and Insurance gets tagged as 4900 utility in this portal?
its_karan
TF Legend
Just curious
Who keeps this float money and thus it's income for 2-3 days
Nobody as this is under escrow account where no interest is provided until payment is settled
Even this is settled this is under current account (as this is busines where no interest is given. Business need to put anywhere else to earn anything on that money)
Only Banks have real profits where account is opened (either escrow or current) as there credit ratio increases
There was another transaction done around two weeks ago of 2-3k and I’m still waiting for the refund but there’s no sign
its_karan
TF Legend
Yes
I was asking from Banks POV
In this case
But we wouldn't know about it
Suppose I pay HDFC CC bill
By RBL Bank DC
And transaction failed
In SBI unipay
Escrow can be completely different than HDFC and RBL.
Right?
And HDFC , RBL, SBI don't get benefits from this money for that 2 - 3 days of reversal period?
Yes, But it all depends on the payment gateway. Escrow account is different or same based on the payment gateway provider that you paid. There might be same in the case of sbi billdesk and maintaining the escrow account in SBI itself.
Eg. As a general example on any app, suppose paid hdfc bill by Rbl by Payu payment gateway (eg), and Payu using Axis bank escrow account (eg, not known), so Axis Credit Ratio will increase for that time.
Eg. As a general example on any app, suppose paid hdfc bill by Rbl by Payu payment gateway (eg), and Payu using Axis bank escrow account (eg, not known), so Axis Credit Ratio will increase for that time.
0xpratyush
TF Premier
icici ka billpay kar rha tha 🥲 ab ye thread padh ke Gfatt rahi hai 🥹👀 45k tha , ab wese v 3 din bad bill date hai kal dena padega aur pata ni ye refund kab aaega 🥲 koi hai idhar jisko refund aagya ho time pe ?
its_karan
TF Legend
its_karan
TF Legend
Main sochrha tha
kardu
Fir socha 40k ka kaun lafda sir par lega
Abhi platform semi cooked hai
b52bomberman
TF Buzz
I paid HDFC CC bill using SBI Unipay (using HDFC Plat DC). Money deducted from HDFC DC but payment failed on SBI side and SBI did not inform me. It does not even show up as failed transaction. Had to pay late fee charge to HDFC.
I really hope SBI closes one day. Pathetic bank.
I really hope SBI closes one day. Pathetic bank.
Have you checked after 2 or 3 days outstanding is reduced with the payment? Our responsibility is to check that as well when using 3rd party services. Why SBI need to close it? 🤣
raghumahajan
TF Select
Members please correct me if wrong.
So what I understood from this thread:
1. We can pay any CC bill from sbi unipay using HDFC platinum DC to get 1% cashback.
2. We can use UPI and use rupay CC to pay it.
Q. Do we get rupay cc reward points? (on pnb rupay select)?
3. The paying method although showing 0% charge may add charges due to Balance transfer?
So what I understood from this thread:
1. We can pay any CC bill from sbi unipay using HDFC platinum DC to get 1% cashback.
2. We can use UPI and use rupay CC to pay it.
Q. Do we get rupay cc reward points? (on pnb rupay select)?
3. The paying method although showing 0% charge may add charges due to Balance transfer?
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