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.

 

[b4bhar]

do test transaction and let us know whether you're still getting or not.

AU Bank Credit Cards Devaluation News WEF 1st April 2024

AU Bank sending email notifications to their credit card holders informing upcoming devaluation updates. 1. Discontinuation of Reward Points/Cashback: AU Credit Cardholders will not earn Reward Point/Cashback on the below mentioned spends categories & on BBPS transactions starting 1st...

www.technofino.in

I did a test transaction and it was included in the 5% additional cashback though the transaction is still not reflecting in NPS contributions. Maybe they take some time.
So, AU lit would be the best for NPS i giess

 

[helloworld]

I did a test transaction and it was included in the 5% additional cashback though the transaction is still not reflecting in NPS contributions. Maybe they take some time.
So, AU lit would be the best for NPS i giess

Good to know.

 

[its_karan]

though the transaction is still not reflecting in NPS contributions. Maybe they take some time.
So, AU lit would be the best for NPS i giess

Yes it will follow Transaction Timelines

T+1

(Assuming you did < 3pm)

 

[b4bhar]

Yes it will follow Transaction Timelines

T+1

(Assuming you did < 3pm)

Yeah, its in the contributions now. Have to wait till next month as my 10k spends for this month are done with the LIT card.

 

[JimCarrey]

I did a test transaction and it was included in the 5% additional cashback though the transaction is still not reflecting in NPS contributions. Maybe they take some time.
So, AU lit would be the best for NPS i giess

Great test, so AU is still rewarding on Government spends, even though they are writing about exclusions.

 

[sm9811911]

Great test, so AU is still rewarding on Government spends, even though they are writing about exclusions.
View attachment 50454

This was effective 1st April it says. Do have to be cautious every time you do the transaction, au may update the system anytime.

 

[b4bhar]

Great test, so AU is still rewarding on Government spends, even though they are writing about exclusions.
View attachment 50454

This was effective 1st April it says. Do have to be cautious every time you do the transaction, au may update the system anytime.

Yeah, even i was worried about it. Maybe this doesn't affect LIT cashback feature as it is paid feature. I didn't try utilities though, but i think those also are included for 5% cb feature as someone else confirmed about utilities. You dont get any reward points though.

 

[Gold]

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.

SBI simply save have any rewards?

 

[helloworld]

SBI simply save have any rewards?

any other cards with you? its just 1 rp that too 0.13% you'll be in loss.

 

[Gold]

any other cards with you? its just 1 rp that too 0.13% you'll be in loss.

I am going give the registration payment. For that SBI card is eligible?

 

[helloworld]

I am going give the registration payment. For that SBI card is eligible?

normally no, but that depends on mcc.

 

[purush]

does payzapp working on tier 2?

 

[r_raghu]

any other cards with you? its just 1 rp that too 0.13% you'll be in loss.

I have these cards, which shall I use and does changing the gateway(billdesk vs razorpay) makes any difference?

• SBI Cashback/SimplyClick
• Axis Airtel
• ICICI Sapphiro/Amazon Pay
• IDFC Wealth/Select(closure request generated)

 

[sousnake]

I have these cards, which shall I use and does changing the gateway(billdesk vs razorpay) makes any difference?

• SBI Cashback/SimplyClick
• Axis Airtel
• ICICI Sapphiro/Amazon Pay
• IDFC Wealth/Select(closure request generated)

Apay is fine for 1% but others won't give any rewards. Also you will be charged 0.9% for paying via cc.
How much you have to pay for nps? 50k or more.

 

[r_raghu]

Apay is fine for 1% but others won't give any rewards. Also you will be charged 0.9% for paying via cc.
How much you have to pay for nps? 50k or more.

Yes 50k only, yes I am aware of the 0.9% charge, but it is fine till it is getting offset with the rewards, I was thinking to pay using Axis Airtel as that will help me reach the yearly milestone for fee wavier alongside 1% CB.

 

[sousnake]

Yes 50k only, yes I am aware of the 0.9% charge, but it is fine till it is getting offset with the rewards, I was thinking to pay using Axis Airtel as that will help me reach the yearly milestone for fee wavier alongside 1% CB.

Axis Airtel won't give any rewards afaik since it's govt spend.

 

[r_raghu]

Axis Airtel won't give any rewards afaik since it's govt spend.

See this thread, seems recent only, not sure on the authenticity though -

 

[sousnake]

See this thread, seems recent only, not sure on the authenticity though -

I have attached axis airtel Tnc where it is mentioned no rewards on govt payments.
But yeah you can try.

 

[helloworld]

I have these cards, which shall I use and does changing the gateway(billdesk vs razorpay) makes any difference?

• SBI Cashback/SimplyClick
• Axis Airtel
• ICICI Sapphiro/Amazon Pay
• IDFC Wealth/Select(closure request generated)

I can suggest Simply if you plan to spend 2L in a year and if you value/use of those Clrtrp/Ytra vouchers.

50k from NPS + 1.5L from other purchases.

Overall return: 2% + Fee waiver + anything card provides 0.25%

Airtl: Actually 0% but based on your shared link 1% (anycase do test transaction) = 1%
APay: 1%

 

[r_raghu]

I can suggest Simply if you plan to spend 2L in a year and if you value/use of those Clrtrp/Ytra vouchers.

50k from NPS + 1.5L from other purchases.

Overall return: 2% + Fee waiver + anything card provides 0.25%

Airtl: Actually 0% but based on your shared link 1% (anycase do test transaction) = 1%
APay: 1%

Just made the payment using APay, SimplyClick I have very minimal usage, so won't be reaching the milestones, plus I get fees waived off each year by contacting customer care, though it is not LTF, it's there just for SBI card offers.