Best card for NPS Contribution

[Waynoway]

Last update: 28-11-24

• 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 ✅
• SC Smart: 2% ✅
• SC Ultimate: 2% (Govt. transaction) ✅
• ICICI AmazonPay: 1%

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

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.

 

[helloworld]

Via Bill Desk there are transactions charges via credit card 0.75% + GST and also its not same day NAV , Can you tell me how much net return we can achieve by paying via amex mrcc ?

Thread 'AMEX MRCC vs AMEX Gold vs AMEX Travel vs AMEX Reserve'

Aug 19, 2024

Update: Currently FYF not applicable for MRCC / Plat. Travel using referral links.

Category	MRCC	Gold Charge	Plat. Travel	Plat. Reserve
Joining Fee (with referral + GST)	1180	₹1,180	4130	₹11,800
Joining Benefits (with referral)	2000+4000 MR (on spending ₹15,000)	6000 MR (on spending ₹15,000)	12000 MR (on spending ₹15,000)	15000 MR (on spending ₹25,000)

...

• helloworld
• Replies: 84
• Forum: American Express

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: )

 

[mojo_jojo123]

is Amazon pay ICICIC still giving 1% for MCC: 9399 (Govt. Services)

 

[msankadi]

Does IDFC Wealth debit or HDFC Infinia give any RP for the NPS contributions?

 

[helloworld]

Does IDFC Wealth debit or HDFC Infinia give any RP for the NPS contributions?

HDFC : Milestone benefits only

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)

. : )

 

[msankadi]

. : )

Thanks I read this but since the last update date was mentioned as April 2024, wnated to confirm the latest info
IDFC Debit gives about 2.5% for cc payment do you know if the wallet load has a lower % somehow ?

 

[helloworld]

Thanks I read this but since the last update date was mentioned as April 2024, wnated to confirm the latest info
IDFC Debit gives about 2.5% for cc payment do you know if the wallet load has a lower % somehow ?

Ok. this is specifically for credit cards, debit cards not included. Last update itself HDFC '0' points for Govt. transactions (NPS comes under that), so Infinia '0'. No idea about debit cards.

 

[vsharma]

Last update: 28-11-24

• 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 ✅
• 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.

I am paying NPS via Amazon Pay card. It's giving 1%

 

[mojo_jojo123]

I am paying NPS via Amazon Pay card. It's giving 1%

is there a way to check cashback before statement generation?

 

[b4bhar]

I am paying NPS via Amazon Pay card. It's giving 1%

But you always pay 0.75%+ gst extra as convenience fee

 

[avikrish]

I am paying NPS via Amazon Pay card. It's giving 1%

I am using amex mrcc to get milestone mr points.

 

[nh124001]

I am paying NPS via Amazon Pay card. It's giving 1%

which payment gateway you are using ? billdesk?

 

[Arosaurabh]

Ok. this is specifically for credit cards, debit cards not included. Last update itself HDFC '0' points for Govt. transactions (NPS comes under that), so Infinia '0'. No idea about debit cards.

No HDFC Platinum debit cards also do not give any points for NPS, but no other charges.

 

[gck2710]

Hi All, have HDFC Infinia Credit Card, BOB Eterna Rupay Credit Card and HDFC Tata Neu Infinity Credit Cards. Planning to do 50k investment in Tier 1 NPS. Could you please help which card makes sense for NPS investment assuming 0.85% charges on NPS Gateway.

Does BOB Eterna give rewards on Government Transactions like NPS / loading to PayzApp and using (which again has 1.25% Wallet Load Charges for using Credit Card for loading).

 

[helloworld]

Hi All, have HDFC Infinia Credit Card, BOB Eterna Rupay Credit Card and HDFC Tata Neu Infinity Credit Cards. Planning to do 50k investment in Tier 1 NPS. Could you please help which card makes sense for NPS investment assuming 0.85% charges on NPS Gateway.

Does BOB Eterna give rewards on Government Transactions like NPS / loading to PayzApp and using (which again has 1.25% Wallet Load Charges for using Credit Card for loading).

HDFC = 0 for both (or any card for this bank)
BOB = 0

Look for Other places, for this month can try bob eterna with payzapp (if card not blocked) but from 1st Jan onwards that also doesn't exist.

 

[gck2710]

HDFC = 0 for both (or any card for this bank)
BOB = 0

Look for Other places, for this month can try bob eterna with payzapp (if card not blocked) but from 1st Jan onwards that also doesn't exist.

I read that BOB Eterna is not giving Rewards anymore on PayZapp Wallet Loads, Can any one please confirm this as i don't want to waste 1.25% charges for loading payzapp wallet using Credit Card + 0.9% on using PayZApp Wallet on NPS Site if there are no rewards at the end

 

[helloworld]

I read that BOB Eterna is not giving Rewards anymore on PayZapp Wallet Loads, Can any one please confirm this as i don't want to waste 1.25% charges for loading payzapp wallet using Credit Card + 0.9% on using PayZApp Wallet on NPS Site if there are no rewards at the end

for this month can try bob eterna with payzapp (if card not blocked) but from 1st Jan onwards that also doesn't exist.

. . .

 

[BCh]

I read that BOB Eterna is not giving Rewards anymore on PayZapp Wallet Loads, Can any one please confirm this as i don't want to waste 1.25% charges for loading payzapp wallet using Credit Card + 0.9% on using PayZApp Wallet on NPS Site if there are no rewards at the end

BoB Eterna is giving rewards in PZ, last transacted 2 days back.

 

[bigbyte]

BoB Eterna is giving rewards in PZ, last transacted 2 days back.

1st Jan se pehle milta rahega.

 

[vsharma]

is there a way to check cashback before statement generation?

I can see it in imobile app, in current statement.

 

[vsharma]

which payment gateway you are using ? billdesk?

Yes, till last one