Devaluation AU LIT card wallet load limit reduced to 10% of credit card limit per month?

[Visith]

Wallet loads to payzapp was failing today for me when contacted customer care it came to my notice that as per bank internal policy wallet load limit has been reduced to 10% of credit limit per (billing cycle/month not sure). Is there anyone else facing similar issue?

 

[ujjwal2024]

today my wallet load is successful...It means there is now indeed 10% calender month limit

 

[pratinvictus]

today my wallet load is successful...It means there is now indeed 10% calender month limit

Have you tried loading AU LIT card to payzapp? I tried loading 5K and amount was deducted however it never loaded successfully in the payzapp wallet. Probably it will be credited back to my AU card.

 

[BUDHRAJ]

Have you tried loading AU LIT card to payzapp? I tried loading 5K and amount was deducted however it never loaded successfully in the payzapp wallet. Probably it will be credited back to my AU card.

check your annual limits of payzapp, if you crossed 5 lakhs per year then you won't be able to load more, just raise a ticket on payzapp and they will tell you the reason and remaing load limits of current year.

 

[ujjwal2024]

Have you tried loading AU LIT card to payzapp? I tried loading 5K and amount was deducted however it never loaded successfully in the payzapp wallet. Probably it will be credited back to my AU card.

No...I always load Amazon wallet

 

[FinCurious]

No...I always load Amazon wallet

Does loading amazon wallet count towards 5% online transaction milestone?

 

[2025]

Does loading amazon wallet count towards 5% online transaction milestone?

Y e s.

 

[Robin Thakral]

With cashback milestone and 10X feature activated getting more than 4% for offline spends roughly

Can tou help me with this trick.. so far i use to activate 5% feature to biy Amazon pay vouchers!!

 

[b4bhar]

No...I always load Amazon wallet

May I know what do you do with that money after loading into apay wallet?

 

[drsel]

May I know what do you do with that money after loading into apay wallet?

Amazon pay is used for Utilitiy bills, insurance, Ola, Uber, payment for goods and services on many websites

 

[b4bhar]

Amazon pay is used for Utilitiy bills, insurance, Ola, Uber, payment for goods and services on many websites

All these can be also done by using Amazon gift vouchers as well, right? Anywhere else that the wallet amount can be used for where gift vouchers can't be used?

 

[Heehaahee]

All these can be also done by using Amazon gift vouchers as well, right? Anywhere else that the wallet amount can be used for where gift vouchers can't be used?

Transferring to bank

 

[Dharm]

All these can be also done by using Amazon gift vouchers as well, right? Anywhere else that the wallet amount can be used for where gift vouchers can't be used?

Any UPI transaction

Bank Transfer

Any kind of cash payment

For some payment option on other websites/App, amazon gift card amount can not be used(like milkbasket...currently option removed to use apay wallet, but upi can be used)

 

[b4bhar]

Any UPI transaction

Bank Transfer

Any kind of cash payment

For some payment option on other websites/App, amazon gift card amount can not be used(like milkbasket...currently option removed to use apay wallet, but upi can be used)

Ohh okay, but it has more 2% convenience fee, right? While gift vouchers doesn't

 

[drsel]

Any UPI transaction

Bank Transfer

Any kind of cash payment

For some payment option on other websites/App, amazon gift card amount can not be used(like milkbasket...currently option removed to use apay wallet, but upi can be used)

That is because UPI payment does not have any MDR or commission whereas Amazon pay vouchers do.
Merchants accepting Amazon pay as payment will have to pay MDR or commission to Amazon

 

[b4bhar]

That is because UPI payment does not have any MDR or commission whereas Amazon pay vouchers do.
Merchants accepting Amazon pay as payment will have to pay MDR or commission to Amazon

Makes sense. So, i better stick with gift vouchers instead of wallet

 

[drsel]

Had a conversation with CC. She confirmed that 10% limit to wallet load implemented in 3-4 days back. It's monthly limit. She confirmed the same.

So is wallet load limit --
5000 per transaction
15000 per day?
10% of AU Lit credit card limit per calendar month

 

[2025]

So is wallet load limit --
5000 per transaction
15000 per day?
10% of AU Lit credit card limit per calendar month

Absolutely Yes for 1st and 3rd point. Not sure about 2nd point 15k or 20k, not tested beyond 15k.

Some minor tweaks like a minimum gap between two txn. also there.

 

[Dharm]

Ohh okay, but it has more 2% convenience fee, right? While gift vouchers doesn't

I think 2% convinience fee only for card