Best card for ITR payment

[diptarkaroy]

As I calculated, I have to pay just over 1L as ITR tax due within the end of next month.

I have the below cards (not mentioning all the cards):
Yes marquee
SBI cashback
Icici sapphiro and APAY
IDFC wealth
AU Zenith
HDFC neu infinity
Bob premier
Kotak Myntra
Federal Imperio
Axis Airtel

Please suggest me which one would be the most rewarding!!!

 

[drsel]

CC payment charges are 0.85% + GST =1.003%

 

[ragveer]

i believe IDFC wealth cc should be more rewarding after you reach 10x multiplier by spending 20k which would be 2.5%-1% charges = 1.5%

sbi cb cc won't give you cb on tax payments

 

[diptarkaroy]

i believe IDFC wealth cc should be more rewarding after you reach 10x multiplier by spending 20k which would be 2.5%-1% charges = 1.5%

sbi cb cc won't give you cb on tax payments

Ok, I’ll use that!!!

 

[Copycat]

Ok, I’ll use that!!!

Don't!!!
Government spends are not included in 10x

IDFC First Bank Credit Cards Devalued - All IDFC First Credit Cards Are Affected

After Yes Bank, IDFC First Bank is here to surprise us. Although IDFC First Bank hasn't communicated anything yet, they have silently updated their MITC, which will be effective from May 1st, 2024. Since today is April 1st, IDFC First Bank must communicate any product charges today to make them...

www.technofino.in

 

[smuff]

i believe IDFC wealth cc should be more rewarding after you reach 10x multiplier by spending 20k which would be 2.5%-1% charges = 1.5%

sbi cb cc won't give you cb on tax payments

Considring devaluation? Govt spends are not included in 10x.

 

[Copycat]

CC payment charges are 0.85% + GST =1.003%

Using Kotak gateway it is 0.8% + GST = 0.944%

 

[Vasuki]

As I calculated, I have to pay just over 1L as ITR tax due within the end of next month.

I have the below cards (not mentioning all the cards):
Yes marquee
SBI cashback
Icici sapphiro and APAY
IDFC wealth
AU Zenith
HDFC neu infinity
Bob premier
Kotak Myntra

Please suggest me which one would be the most rewarding!!!

@techt get summoned here

 

[HumorSimpson]

@techt get summoned here

Jane kaha gaye oh din

With IDFC wealth devaluation, nothing left for tax payment rewards.

 

[Vasuki]

Jane kaha gaye oh din

With IDFC wealth devaluation, nothing left for tax payment rewards.

Hdfc biz black 🖤

 

[HumorSimpson]

Hdfc biz black 🖤

How? I don't have business. Also how much?

 

[diptarkaroy]

Jane kaha gaye oh din

With IDFC wealth devaluation, nothing left for tax payment rewards.

Can you recommend any other card?
I just got federal Imperio as well

 

[sourpai]

i believe IDFC wealth cc should be more rewarding after you reach 10x multiplier by spending 20k which would be 2.5%-1% charges = 1.5%

sbi cb cc won't give you cb on tax payments

Bhai reward rate has gone down already since 1st May. It is not giving 2.5% for 10X anymore. I think 10X is 1.5% now

 

[Anupama_Jha]

How? I don't have business. Also how much?

You don't need business to get normal business cards.

 

[Anupama_Jha]

Hdfc biz black 🖤

OP, mark it as solution.

 

[Aditya12]

I have a dumb question. Do salaried people have an option to pay income tax using CCs?

 

[Copycat]

I have a dumb question. Do salaried people have an option to pay income tax using CCs?

Anyone can do it: salaried or self-employed or unemployed or retired or (whatever ....)
Your company will deduct TDS on salary. But for your remaining income you can pay the tax using CCs

 

[Aditya12]

Anyone can do it: salaried or self-employed or unemployed

How would my employer know that I'm paying on my own so they do not deduct from my salary?

 

[Copycat]

How would my employer know that I'm paying on my own so they do not deduct from my salary?

Your company will deduct TDS on salary. But for your remaining income you can pay the tax using CCs

 

[Aditya12]

Your company will deduct TDS on salary. But for your remaining income you can pay the tax using CCs

Ah! won't make sense for me then. I mostly have salary income only.