Axis notice due to non personal usage Magnus

[Infamous]

How's spending on ad platforms become illegal?

Not sure about the ethicacy of this thread.
Actually people are aiding illigal activities, which might get us, the technofino community forum in legal trouble.

 

[_amit_]

Yes I'm trying to figure out a decent business card. Amex doesn't work on ad platforms. IDFC had a card that says it'd give 2x on ad spends but some users have stated they haven't any points from idfc.
Any other decent suggestions that can be taken without opening a current AC with other banks?

You don't need to open a current account to get a card. These are just sad tactics that some branches do to have a high CASA. If the credit card guy is competent and is not bound to branch tactics one can easily get the card.

BizBlack is a decent business card but on diners platform so acceptable could also be an issue.

• If you do not have HDFC savings/current account, you still can get the card. Just go to a nearest HDFC branch and ask for BizBlack. Assuming credit card guys are competent at the branch, you will get the card without account. Its just that some branches do these tactics that bank do not give card without account. They spread their misinformation and ignorance to the world.
• If you already have HDFC savings account, you still can get BizBlack. Ask your RM (if you have), or your BM.
• If these things fails, maybe just send an email to HDFC PriorityRedressal.CreditCards@hdfcbank.com asking for the card making a case using your spends which are quite good for their waiver criteria.

A wild idea to utilise AmEx in places where it is not accepted would be through wallet load.
That amount could be used either to create a mandate or maybe if app gives prepaid card to setup the recurring payment.
I am not sure if this is even possible and thus... wild idea

 

[Pravas]

How's spending on ad platforms become illegal?

So business spends in personal credit card is legal ?

 

[xvd1]

Not sure about the ethicacy of this thread.
Actually people are aiding illigal activities, which might get us, the technofino community forum in legal trouble.

Running ads isn't anything illegal lol. Everything is super compliant. Its just recent that banks have started introducing business cards. Previously it was known that personal cards are used for such purposes.

Still if the ADMINS feel that this thread might create a risk, will surely delete it.

 

[Infamous]

So business spends in personal credit card is legal ?

There's now law that explicitly says that these type of spends are legal or illegal. It's upto the bank to decide if they're okay with people using their cards for whatever purpose

 

[xvd1]

You don't need to open a current account to get a card. These are just sad tactics that some branches do to have a high CASA. If the credit card guy is competent and is not bound to branch tactics one can easily get the card.

BizBlack is a decent business card but on diners platform so acceptable could also be an issue.

• If you do not have HDFC savings/current account, you still can get the card. Just go to a nearest HDFC branch and ask for BizBlack. Assuming credit card guys are competent at the branch, you will get the card without account. Its just that some branches do these tactics that bank do not give card without account. They spread their misinformation and ignorance to the world.
• If you already have HDFC savings account, you still can get BizBlack. Ask your RM (if you have), or your BM.
• If these things fails, maybe just send an email to HDFC PriorityRedressal.CreditCards@hdfcbank.com asking for the card making a case using your spends which are quite good for their waiver criteria.

A wild idea to utilise AmEx in places where it is not accepted would be through wallet load.
That amount could be used either to create a mandate or maybe if app gives prepaid card to setup the recurring payment.
I am not sure if this is even possible and thus... wild idea

BizBlack being on Diners platform is an issue as it has a very low acceptance rate. Therefore was looking for other decent alternatives.

As for the wallet load for amex, only paytm was the approved partner and now that's gone. Plus the 1-2% fees would be pretty substantial.

 

[_amit_]

BizBlack being on Diners platform is an issue as it has a very low acceptance rate. Therefore was looking for other decent alternatives.

As for the wallet load for amex, only paytm was the approved partner and now that's gone. Plus the 1-2% fees would be pretty substantial.

Yes, acceptability is an issue with diners, however I assume its acceptable in most places online atleast? Again not sure about the platform you use, so you may check that.


Yes, wallet load fees are there, but its all about outweighing the fees with rewards. Members load Mobikwik wallet with ~2.5% fees via AmEx and pay for rent and other things which still gives them +ve returns.
I am not sure whether PayZapp accepts amex, but payzapp don't charge for wallet load as of now.

 

[xvd1]

Yes, acceptability is an issue with diners, however I assume its acceptable in most places online atleast? Again not sure about the platform you use, so you may check that.


Yes, wallet load fees are there, but its all about outweighing the fees with rewards. Members load Mobikwik wallet with ~2.5% fees via AmEx and pay for rent and other things which still gives them +ve returns.
I am not sure whether PayZapp accepts amex, but payzapp don't charge for wallet load as of now.

The platforms I use don't accept amex or diners so stuck with MC and visa.

And after paytm went down, wallet loads have also stopped on the ad platforms.

Might have to reduce spends and spread across various cards so avoid triggers.

 

[xvd1]

So this happened for edge rewards.
Should I send in the invoices or let 30 days end and the card get deactivated? Cause I have other axis cards as well that aren't affected but earn edge rewards.