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Best card for NPS Contribution

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Waynoway

Waynoway

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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.
 
Last edited by helloworld:
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Last update: 01-11-23

Per 100:
  • HDFC = milestone benefits (ex: DCB >80k)
  • Amex MRCC/SmartEarn = Milestone rewards (4x1500, 20K) only ✅ View attachment 12110
  • Amex Gold Charge = 1RP per 50 + Milestone rewards (6x1000) ✅ (View attachment)
  • Bob Eterna = 0.375% ✅
  • Sbi Vistara Prime = 2 CV
  • Indusind Pinnacle/Legend = 0.7% ✅
  • Ace = 2%
  • AmazonPay = 1%
  • AU = 1.25% (+ milestone benefits 2L/Quarter) ✅
As per the information received from AMEX support, "For milestone related points, they will consider total spend amount (on any category)". ✅

NPS Charges (with GST):
  • VISA & Mastercard = 0.89%
  • AMEX = 1.05%
  • Rupay = ?

Note: Things are changing in banking with new T&Cs, request for own research because above data maybe outdated by the time you do transaction.
 
Last edited:
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helloworld said:
Last update: 01-11-23

Per 100:
  • HDFC = milestone benefits (ex: DCB >80k)
  • Amex MRCC/SmartEarn = Milestone rewards (4x1500, 20K) only ✅ View attachment 12110
  • Amex Gold Charge = 1RP per 50 + Milestone rewards (6x1000) ✅ (View attachment)
  • Bob Eterna = 0.375% ✅
  • Sbi Vistara Prime = 2 CV
  • Indusind Pinnacle/Legend = 0.7% ✅
  • Ace = 2% ✅
  • AmazonPay = 1% ✅
  • AU = 1.25% (+ milestone benefits 2L/Quarter) ✅
As per the information received from AMEX support, "For milestone related points, they will consider total spend amount (on any category)". ✅

NPS Charges (with GST):
  • VISA & Mastercard = 0.89%
  • AMEX = 1.05%
  • Rupay = ?
✅ - Confirmed
Click to expand...
I thought Ace card stopped giving 2% cashback on nps payment. Also can someone confirm AmazonPay really gives 1% cashback for nps?
AmazonPay did not give me 1% cashback for Advance tax payment.
 
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sleepysurya said:
In August, when I asked for mcc of nps & advance tax transactions, axis had mentioned same mcc - 9399
Click to expand...
9311 & 9399

Btw, same bank, same app/website gives different MCCs.

And, Axis is different, ICICI different, AMEX different, HDFC different.

One considered as 'Govt Spends', Other 'Utilities', Other 'NPS', Other 'Insurance' etc.

Do a test transaction, just incase for double check..
 
Last edited:
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helloworld said:
9311 & 9399

Btw, same bank, same app/website gives different MCCs.

And, Axis is different, ICICI different, AMEX different, HDFC different.

One considered as 'Govt Spends', Other 'Utilities', Other 'NPS', Other 'Insurance' etc.

Do a test transaction, just incase for double check..
Click to expand...
I have done 1000/- nps payment using billdesk gateway by Ace card now. Bill will be generated on 15th nov. Let's see if I get 2% cashback.
 
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helloworld said:
Last update: 01-11-23

Per 100:
  • HDFC = milestone benefits (ex: DCB >80k)
  • Amex MRCC/SmartEarn = Milestone rewards (4x1500, 20K) only ✅ View attachment 12110
  • Amex Gold Charge = 1RP per 50 + Milestone rewards (6x1000) ✅ (View attachment)
  • Bob Eterna = 0.375% ✅
  • Sbi Vistara Prime = 2 CV
  • Indusind Pinnacle/Legend = 0.7% ✅
  • Ace = 2% ✅
  • AmazonPay = 1% ✅
  • AU = 1.25% (+ milestone benefits 2L/Quarter) ✅
As per the information received from AMEX support, "For milestone related points, they will consider total spend amount (on any category)". ✅

NPS Charges (with GST):
  • VISA & Mastercard = 0.89%
  • AMEX = 1.05%
  • Rupay = ?
✅ - Confirmed
Click to expand...
What about PTCC and IDFC cards?
 
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Has anyone used Airtel Axis for eNPS? Did you receive 1% cashback?

I am planning to invest 50k using this if they give cashback, otherwise I’ll use AmazonPay ICICI. Want to use Airtel since it’ll count towards the annual spend waiver limit.

Axis revised their excluded MCCs list yesterday, govt transactions are barred from cashbacks from 10/12/2023.

See - https://www.axisbank.com/docs/defau...credit-cards/ktb-mcc-exclusion-categories.pdf
 
Last edited:
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has anyone tried using Sbi vistara prime? I am planning to use it for nps payment which will also help with 75k milestone of 3000 cv points. I am surprised that no one in this thread has tried this card even though the return is 2% in cv points even before considering milestones. Is there a catch?
 
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harmonizer97 said:
Has anyone used Airtel Axis for eNPS? Did you receive 1% cashback?

I am planning to invest 50k using this if they give cashback, otherwise I’ll use AmazonPay ICICI. Want to use Airtel since it’ll count towards the annual spend waiver limit.

Axis revised their excluded MCCs list yesterday, govt transactions are barred from cashbacks from 10/12/2023.

See - https://www.axisbank.com/docs/defau...credit-cards/ktb-mcc-exclusion-categories.pdf
Click to expand...
I had the same thought.. however did the math and i decided to use IDFC wealth with 10x rewards.. additional used it also for Paytm wallet loads with fuel wallet cashback to negate the surcharge. This works out better than trying to avoid axis Airtel annual fee
 
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How about buying Gyftr amazon vouchers for 5% RP using amazonpay ICICI CC worth 50,000, and use that to pay NPS and pay that bill using HDFC bill desk.. even if you have millenia, you will still get effective 3-3.5% as cash back... Please correct me if I'm wrong
 
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arpitshah213 said:
How about buying Gyftr amazon vouchers for 5% RP using amazonpay ICICI CC worth 50,000, and use that to pay NPS and pay that bill using HDFC bill desk.. even if you have millenia, you will still get effective 3-3.5% as cash back... Please correct me if I'm wrong
Click to expand...
I don't think we can pay NPS amount through Amazon pay wallet.
 
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