Best card for NPS Contribution

[Waynoway]

Last update: 10-04-24

• HDFC : Milestone benefits only
• HSBC Cashback: 0%
• AMEX Gold Charge: 1 MR/50 + Milestone benefits
• AMEX SmartEarn/ MRCC: Milestone benefits only
• AU Zenith: Milestone benefits only
• AU Zenith+: 1% + Milestone benefits
• ICICI APay: 1%
• SC Smart: 2%
• SC Ultimate: 2% (Govt. transaction)

Note: Mostly other cards from same bank works with varied reward rate and similar rule of exclusion.

Tip: IDFC, IndusInd, BOB provides better rewards using payzapp like prepaid card load (MCC: wallet) which you can use to pay NPS compared to direct payment where you'll get from 0.25% to 0.8% only on these cards.

For NPS payments MCC: 9399 (Govt. Services)

Do check both payment gateways Razorpay and Billdesk (above values are according to Billdesk gateway).

Also, do share missing cards rewards that you tried, will update accordingly.

PG Charges (with GST) on NPS website/app:

• VISA, Mastercard & AMEX = 0.885% (0.75% + GST)

Note: Above are for TIER 1. TIER 2 disabled credit card payments (based on latest available options).

If in doubt, always try test transaction and confirm with support. Things may chage any time, proceed with caution.

 

[AlgoTrader]

gateways not accept but amex allows same for rent payments, none of the portals accepting amex. But somehow we managed to pay, will get milestone benefits.

well, rent is different thing altogether as lot of portal provide work around.
Such route is not feasible for income tax portal as far as i understand,
If you have a workaround for it, please share,.

 

[HumorSimpson]

Some options exist, I never tried though..

Amex card for tax payment?

Can Amex cards be used for tax payment? Does any gateway on income tax portal support it? If it's supported then is Amex Travel Platinum milestones gets counted for government transaction including tax payment?

www.technofino.in

Seems the answer is no. Even if it is yes the PG charges seem to be high.

 

[Baki]

I hold
HDFC millenia
HDFC Tata neu infinity
Axis ace
Axis Flipkart
Axis airtel
SBI cashback
SBI simplyClick
Icici Amazon pay
Standard chartered Smart
Amex mrcc
Bob snapdeal
Kotak zen
Indusind legend
AU excite ace

Please suggest which card I can use for NPS tier 1 payment

Use xcite ace:

3% on 25k + a.aubnk.in/kqqLk4El

 

[shubhloni]

I know it is being asked multiple times, but just checking again if anyone recently got EM on atlas for NPS ? Thanks

Atleast official doc doesn't exclude govt transactions

https://www.axisbank.com/docs/default-source/default-document-library/credit-cards/terms-and-conditions-of-features-of-axis-bank-atlas-credit-card.pdf?sfvrsn=755e5a56_12

PS : I have done 1K transaction and will update once transaction gets settled.

Yes. We get EM for NPS contributions, I’ve made little transaction and got the EM against it.
But not sure if there is any capping. If anywhere aware of this please let us know.

 

[nithin1992]

Paid 50k and got EM for the whole contribution few days ago

 

[its_karan]

Can anyone confirm whether the Amazon Pay ICICI Card is offering a 1% cashback in 2024? My plan is to pay through Amazon ICICI to get 1%, then use the HDFC Easyshop Platinum to get the remaining 1%. The net cashback is what I was trying to get.

 

[sm9811911]

Can anyone confirm whether the Amazon Pay ICICI Card is offering a 1% cashback in 2024? My plan is to pay through Amazon ICICI to get 1%, then use the HDFC Easyshop Platinum to get the remaining 1%. The net cashback will be 2% - 1.08%, which will be about Rs. 490 on a net investment of Rs. 50,000.

Yes. It works.
Apay generally works everywhere.

 

[sousnake]

Can anyone confirm whether the Amazon Pay ICICI Card is offering a 1% cashback in 2024? My plan is to pay through Amazon ICICI to get 1%, then use the HDFC Easyshop Platinum to get the remaining 1%. The net cashback will be 2% - 1.08%, which will be about Rs. 490 on a net investment of Rs. 50,000.

The charges for NPS is 0.9% (0.75% + 18% gst ) not 1.08%. Also I pay using MRCC card so rewards are much better.

 

[its_karan]

The charges for NPS is 0.9% (0.75% + 18% gst ) not 1.08%. Also I pay using MRCC card so rewards are much better.

Its high in KFinTech.

 

[prateekm03]

Its high in KFinTech.

I paid 1025 for 1000 in this

 

[sousnake]

I paid 1025 for 1000 in this

Its high in KFinTech.

I paid 5044.25 for 5k via nps portal.

 

[prateekm03]

I paid 5044.25 for 5k via nps portal.

Do I need to open separate nps account? I had some investments from past 2 years using etmoney.

 

[sousnake]

Do I need to open separate nps account? I had some investments from past 2 years using etmoney.

Not sure but you can try.
Google nps login - you would get enps.nsdl site.
Now you should have a PRAN number. Try resetting password from there using pran and mobile. Once you have password you can login with pran and password and see your contributions. If this works you would be able to contribute as well from there.

 

[prateekm03]

Did not work, even can't create new as pan already exists.
For now paid 539 extra with my kotak mojo

Not sure but you can try.
Google nps login - you would get enps.nsdl site.
Now you should have a PRAN number. Try resetting password from there using pran and mobile. Once you have password you can login with pran and password and see your contributions. If this works you would be able to contribute as well from there

 

[pgarg24]

If anyone pays with amex mrcc.. can they confirm if regular MR points are also credited? I have seen many people confirm that it counts towards milestones and all but what about regular points?

 

[sousnake]

If anyone pays with amex mrcc.. can they confirm if regular MR points are also credited? I have seen many people confirm that it counts towards milestones and all but what about regular points?

I have paid every month and confirmed already on this thread. No regular point only milestone points.

 

[shutapdiya]

I have paid every month and confirmed already on this thread. No regular point only milestone points.

which gateway do you use bro ?

 

[sousnake]

which gateway do you use bro ?

Billdesk and I am paying from nps website

 

[shutapdiya]

Billdesk and I am paying from nps website

nsdl website, right?

 

[sousnake]

nsdl website, right?

Yes enps nsdl