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.

 

[OptiCard]

Thats great bro

Means you only paid 503.54 for this 500 rs?

correct Rs. 3.xx

 

[shutapdiya]

What about wallet load charges using idfc cc?

No charges .

 

[OptiCard]

I am seeing issue while adding 50k in payzapp wallet.

I tried thrice but its failing all the time. I checked daily limit for both payzapp & IDFC card are 2L.

Any idea ???

 

[sousnake]

No charges .

Oh.. didn't knew.. ab try krta hun different cards se payzapp load😉. Thanks for info 🫡

 

[shutapdiya]

I am seeing issue while adding 50k in payzapp wallet.

I tried thrice but its failing all the time. I checked daily limit for both payzapp & IDFC card are 2L.

Any idea ???

IDFC blocks wallet load sometimes, try small amount so later sometime

 

[HumorSimpson]

No charges .

So will those be considered as 6x 10x spends online for IDFC wealth card?

 

[OptiCard]

IDFC blocks wallet load sometimes, try small amount so later sometime

If I add the money like 10k 5 times then ???
Will I get 10x points after 25k ???

 

[shutapdiya]

So will those be considered as 6x 10x spends online for IDFC wealth card?

y e s

 

[OptiCard]

If I add the money like 10k 5 times then ???
Will I get 10x points after 25k ???

 

[OptiCard]

View attachment 39963

So above 25k we will get 10x --> it doesn't matter if its single or multiple transaction to cross 25k

 

[shutapdiya]

If I add the money like 10k 5 times then ???
Will I get 10x points after 25k ???

try with 49k first, if not success, go for 45k then 40k then 35k and so on

IDFC blocks immediate multiple txns for wallet load

 

[shutapdiya]

So above 25k we will get 10x --> it doesn't matter if its single or multiple transaction to cross 25k

y e s

 

[HumorSimpson]

try with 49k first, if not success, go for 45k then 40k then 35k and so on

IDFC blocks immediate multiple txns for wallet load

blocks means for ever or temp ?

 

[shutapdiya]

blocks means for ever or temp ?

Temporary . .

 

[sm9811911]

I can see 0.06..% fee
On Rs.1000 charging 0.06..% +18% GST on that (Rs. 7.xx) --> but good to go with this approach

That's good find. Lower than using cc directly (was 0.9%+gst). By the way direct idfc will give points if you're not able to go through payzapp.

 

[OptiCard]

That's good find. Lower than using cc directly (was 0.9%+gst). By the way direct idfc will give points if you're not able to go through payzapp.

Nope. You will get only 1x if pay directly.
In addition the direct credit card payment will attract more charges

Update:
As other folks confirmed, they're getting IDFC rewards as per the card (means 6x, 10x ... based on card) even paying directly.
Still use payzapp rather than paying directly as it attracts only 0.6..% whereas credit card 0.9%

 

[sm9811911]

Nope. You will get only 1x if pay directly.
In addition the direct credit card payment will attract more charges

Speaking from experience? Or is it mentioned in tnc?

 

[HumorSimpson]

Nope. You will get only 1x if pay directly.
In addition the direct credit card payment will attract more charges

I guess it is not Unless it is marked as utility.
TnC :

1. Reward program not applicable on Fuel, EMI transactions & Cash withdrawals.
2. Rental and Property management transactions will earn 3X reward points. However, such transactions will not be a part of 10X reward program and 10X threshold calculations.
3. Effective 21st August 2023, Insurance premium payments have been added to the reward program and will earn 1x rewards, Utility bill payments will now earn 1x reward points. However, such transactions will not be a part of 10X reward program and 10X threshold calculations.

 

[sm9811911]

I guess it is not Unless it is marked as utility.

Reward program not applicable on Fuel, EMI transactions & Cash withdrawals.


Rental and Property management transactions will earn 3X reward points. However, such transactions will not be a part of 10X reward program and 10X threshold calculations.


Effective 21st August 2023, Insurance premium payments have been added to the reward program and will earn 1x rewards, Utility bill payments will now earn 1x reward points. However, such transactions will not be a part of 10X reward program and 10X threshold calculations.

Correct. Even I got the full points in May23 with wealth card. So just wanted to see why he has denied it so confidently.

 

[HumorSimpson]

Correct. Even I got the full points in May23 with wealth card. So just wanted to see why he has denied it so confidently.

Thank you. The whole purpose of me getting IDFC wealth card is for govt. services where no card is rewarding.