Best credit card for income tax payment

[HumorSimpson]

Best card for income tax payment is HDFC Biz black
Pay tax of 50000 to 56250 every month will get nearly 16.66% return.
Any tax payment above that will get 3.33% return which is also in the highest available in India

Is it only for business people ?

 

[drsel]

Is it only for business people ?

Yes, employees and salaried people are not eligible

 

[drsel]

HDFC Bank BizBlack Credit Card Review

While HDFC bank is well known for its Diners Black Credit Card due its popular Smartbuy 10X rewards program, now the bank has come up with a new business variant called HDFC Bank BizBlack Credit Card that mimics the regular diners black and targets small business owners. The HDFC BizBlack Credit

www.cardexpert.in

The best review of Biz Black available on the net

 

[drsel]

 

[HumorSimpson]

HDFC Bank BizBlack Credit Card Review

While HDFC bank is well known for its Diners Black Credit Card due its popular Smartbuy 10X rewards program, now the bank has come up with a new business variant called HDFC Bank BizBlack Credit Card that mimics the regular diners black and targets small business owners. The HDFC BizBlack Credit

www.cardexpert.in

The best review of Biz Black available on the net

Thanks @D₹V for the detailed post.

 

[drsel]

Thanks @D₹V for the detailed post.

Wrong name, I'm drsel.
If you appreciate my post kindly give me Max points/rating for my reputation. Thanks

 

[HumorSimpson]

Wrong name, I'm drsel.
If you appreciate my post kindly give me Max points/rating for my reputation. Thanks

did you check your profile ? I have given you long back on june 29.


I thanked the original post, it is @D₹V 's blog.
SiDdharth ₹aman Venkatachalam

 

[Wealth is my birth right!]

Yes, employees and salaried people are not eligible

Lol time to focus on starting a startup

 

[drsel]

I thanked the original post, it is @D₹V 's blog.
SiDdharth ₹aman Venkatachalam

But you replied to my post dear

 

[HumorSimpson]

But you replied to my post dear

yes, as I cant quote that blog here.

 

[doctoramar]

Whats the charges for AmEx cards?
Only canara gateway accepts AmEx as someone said in other thread

1.1% transaction charge

 

[Wealth is my birth right!]

1.1% transaction charge

Yes exactly 1.08%

 

[doctoramar]

Are amex cards accepted for tax payments using any payment gateways these days?
If so, how much are charges?

Canara bank gateway 1.1% including gst

 

[doctoramar]

yes that was the last update i read on 31/7.

Yes it does get accepted.I have paid 1.8 l

 

[doctoramar]

Biz black is the best for tax payments upto 6.6 lakhs.cos 5x rewards capped at spend of 56000 per month.

If ur tax payments are upto 4 lakhs Amex platinum travel works well.
1st year fee 4130 + transaction charges on the tax portal 4400= rs 8530
10000 bonus points on joining
15000 on 190000 milestone
25000 on 400000 milestone

Total 50000 points and 10k taj voucher
If u travel marriot bonvoy conversion is rhe best and gives u minimum of 50 p per point i.e 25000
Minus ur expenses ur gain is around 16500.


I have started paying tax this year thru amex plat travel card .No issue in the september payment.

Unless payment gateway rejection happens rhis should work.

Any suggestions/corrections for better usage are welcome.

 

[drsel]

Biz black is the best for tax payments upto 6.6 lakhs.cos 5x rewards capped at spend of 56000 per month.

If ur tax payments are upto 4 lakhs Amex platinum travel works well.
1st year fee 4130 + transaction charges on the tax portal 4400= rs 8530
10000 bonus points on joining
15000 on 190000 milestone
25000 on 400000 milestone

Total 50000 points and 10k taj voucher
If u travel marriot bonvoy conversion is rhe best and gives u minimum of 50 p per point i.e 25000
Minus ur expenses ur gain is around 16500.


I have started paying tax this year thru amex plat travel card .No issue in the september payment.

Unless payment gateway rejection happens rhis should work.

Any suggestions/corrections for better usage are welcome.

You will get 2000 + 10000 welcome points on spending 15000 in the first 90 days and 40000 + 8000 points on spending 4 lakh.
total 60000 points, and you can convert at 1:1.3 to Marriot, whenever they have an offer October to December. So you may get 78000 points

but the value of Marriott points keeps on depreciating fast.
78000 points may seem a lot but it is not even enough for a two night stay in a city centre 3* hotel in Los Angeles

 

[doctoramar]

You will get 2000 + 10000 welcome points on spending 15000 in the first 90 days and 40000 + 8000 points on spending 4 lakh.
total 60000 points, and you can convert at 1:1.3 to Marriot, whenever they have an offer October to December. So you may get 78000 points

but the value of Marriott points keeps on depreciating fast.
78000 points may seem a lot but it is not even enough for a two night stay in a city centre 3* hotel in Los Angeles

Cant get biz black as of now.Not many options i can see.Figured something is better than nothing