Amazon pay wallet loading with SC Smart

[lpshreyas]

Amazon is charging 2.36% on loading the amazon pay wallet using credit cards. SC Smart gives 2% cashback on wallet load.

Does that mean SC Smart or any credit card that gives cashback on wallet loading is now useless for amazon pay? I could just be bad at maths, so please be gentle if I'm completely wrong here 😅

 

[Rdspam]

Cards to exist that give higher than 3% as do debit cards that give rewards on paying cc bills. Overall yielding a net positive

 

[lpshreyas]

Cards to exist that give higher than 3% as do debit cards that give rewards on paying cc bills. Overall yielding a net positive

Could you list some credit or debit cards that give 3% or more cashback on wallet load? I know there are premium cards which give better value back via rewards but I'm specifically asking about cashback as I won't be able to get any premium/super premium cards

 

[Rdspam]

Could you list some credit or debit cards that give 3% or more cashback on wallet load? I know there are premium cards which give better value back via rewards but I'm specifically asking about cashback as I won't be able to get any premium/super premium cards

Actually most of the 3% and more cards are all the bank’s top cards like eterna, ultimate, etc. you could try something like a combination of SC Smart and pay the bill with Hdfc debit cards that give 1% cb on bill payment overall yielding 3%. Another option is to use snapay which is utility mcc and most cards give rewards on and it has low charges

 

[Pavan]

But 2000 INR a month is free right ?

 

[kushhh]

But 2000 INR a month is free right ?

N o p e

 

[SonyTom]

Actually most of the 3% and more cards are all the bank’s top cards like eterna, ultimate, etc. you could try something like a combination of SC Smart and pay the bill with Hdfc debit cards that give 1% cb on bill payment overall yielding 3%. Another option is to use snapay which is utility mcc and most cards give rewards on and it has low charges

How much is Snapay charge for wallet loading with CC?

 

[SonyTom]

Actually most of the 3% and more cards are all the bank’s top cards like eterna, ultimate, etc. you could try something like a combination of SC Smart and pay the bill with Hdfc debit cards that give 1% cb on bill payment overall yielding 3%. Another option is to use snapay which is utility mcc and most cards give rewards on and it has low charges

HDFC Millennia DC gives 1% cashback on wallet loading. Amazon pay wallet loading with DC is free AFAIK. Many people are using this method.

RBL signature plus is another debit card for wallet loading. Was a favourite DC of TF members. But don't know current status after recent devaluation.

Senior members can add some other debit cards with cashback in their knowledge

 

[Rdspam]

HDFC Millennia DC gives 1% cashback on wallet loading. Amazon pay wallet loading with DC is free AFAIK. Many people are using this method.

RBL signature plus is another debit card for wallet loading. Was a favourite DC of TF members. But don't know current status after recent devaluation.

Senior members can add some other debit cards with cashback in their knowledge

No i mean use sc smart to load and then any 1% dc to pay the cc bill yielding atleast 3% overall return. RBL signature plus no longer rewards on wallet spends

 

[karuturi24]

How much is Snapay charge for wallet loading with CC?

Using snapay, you can transfer directly to your bank account, based on the priority you will be charged. For low priority they will charge around 1 % + 18% GST, but it will take 3-4 days to credit into your bank. For t1 priority I guess it's 2.5% + gst

 

[SonyTom]

Using snapay, you can transfer directly to your bank account, based on the priority you will be charged. For low priority they will charge around 1 % + 18% GST, but it will take 3-4 days to credit into your bank. For t1 priority I guess it's 2.5% + gst

Thanks bro. I have not used Snapay. Not interested in CC to bank transfer. So not installing. But good to know these options.

 

[sourpai]

Is SC smart still giving cashback for wallet loading? Specifically Payzap? @helloworld

 

[helloworld]

Is SC smart still giving cashback for wallet loading? Specifically Payzap? @helloworld

Yes, but I stopped using since they increased min. amount for redemption. i.e., 1.25L spends.

So, unless you'll anyway (at any point of time) spend that much amount then use that card otherwise all your earned cashback wait for redemption forever.

 

[sourpai]

Yes, but I stopped using since they increased min. amount for redemption. i.e., 1.25L spends.

So, unless you'll anyway (at any point of time) spend that much amount then use that card otherwise all your earned cashback wait for redemption forever.

I have to do around 40k worth of payzap loads every month for RG. So hopefully SC smart should work and redemption should be possible within 3-4 months. I guess there wont be issue with this approach. Till now I have been using SC ultimate… but have reached 10k rewards enough to redeem for ITC voucher. Don’t want to use it anymore

 

[sourpai]

Also read in your previous post that getting Smart while having Ultimate is difficult (via 1 rs authentication) … so thats also one hurdle to cross

 

[helloworld]

I have to do around 40k worth of payzap loads every month for RG. So hopefully SC smart should work and redemption should be possible within 3-4 months. I guess there wont be issue with this approach. Till now I have been using SC ultimate… but have reached 10k rewards enough to redeem for ITC voucher. Don’t want to use it anymore

same rule applies in smart too. like ultimate atleast need 10k points (3L) for decent redemption, smart needs 1.25L for actual redemption.

40k means ok can use freely, but do transact other places once in a while to avoid issues.

 

[helloworld]

Also read in your previous post that getting Smart while having Ultimate is difficult (via 1 rs authentication) … so thats also one hurdle to cross

they're now very desperate to provide ultimate card. if any issues with smart, do threat them close the ultimate card, they'll provide.

 

[lpshreyas]

they're now very desperate to provide ultimate card. if any issues with smart, do threat them close the ultimate card, they'll provide.

I closed my Smart card yesterday and that was definitely not the case with me. They asked me why I wanted to close the card just as a formality, and immediately processed the closure request.

 

[sourpai]

It is not taking the application via authentication of Ultimate. Looks like they are not allowing application only. Tried 3-4 times via different browsers. Page does not even go till OTP

 

[Riya Sharma]

Amazon is charging 2.36% on loading the amazon pay wallet using credit cards

really? Can you not just buy Amazon Pay gift vouchers for free via amazon?