Best Debit Card For Credit Card Bill Payment 2024

[TechnoFinoTechnoFino is verified member.]

In the world of personal finance, many people are always looking for ways to manage their money better and get the most out of their spending. One popular strategy that's gaining traction is using debit cards to pay off credit card bills. This allows you to earn cashback on expenses that wouldn't normally earn rewards. In this article, we'll explore this concept and look at some of the best debit card options for paying off credit card bills.

Understanding the Strategy​

Typically, credit card bills are paid using money from a bank account, either automatically or by manual transfer. While these payments don't usually earn rewards, some banks offer cashback incentives for using their debit cards to pay bills. By strategically using a debit card for credit card payments, you can earn cashback on expenses that wouldn't otherwise earn rewards.

Choosing the Right Debit Card​

When choosing a debit card for paying credit card bills, there are a few things to consider:

1. Cashback Percentage: Look for a debit card that offers a good cashback percentage on bill payments.
2. Debit Card Fees: Consider any fees associated with the debit card, such as monthly fees or transaction fees.
3. Account Requirements: Make sure you meet any requirements to qualify for the debit card you're interested in.

Top Picks For Best Debit Cards:​

Debit Card Name	Debit Card Fees	Bill Payment Platforms	Cashback/Reward Rate	Maximum Capping	Milestone Benefits
HDFC Platinum Debit Card	Rs. 750 + GST For Normal Account; Nil For SavingsMax or higher variant accounts/programs	HDFC Bank Bill Payment Portal	1% Cashback	Rs. 750 Per Month	Not Available
HDFC Millennia Debit Card	Rs. 500 + GST For Normal Account; Nil For SavingsMax or higher variant accounts/programs	Load Amazon Wallet & Pay Bill; Use HDFC Bill Payment Portal, Mobikwik	1% Cashback (Amazon Wallet) 2.5% (HDFC Bill Payment Portal)	Rs. 400 Per Month	Not Available
RBL Enterprise Debit Card	Joining: Rs. 7500 + GST Annual: Rs. 2000 + GST	SBI Unipay	5% Cashback As Voucher	Rs. 1000 Per Month	Spend 5L In A Year & Get Voucher Worth Of Rs. 2000 Additional Rs. 3000 Voucher On Spending 10L & Another Rs. 4000 Voucher On Spending 15L In A Year.
RBL Signature Plus Debit Card	Joining: Rs. 5000 + GST Annual: Rs. 1500 + GST	SBI Unipay	1% Cashback As Voucher	Rs. 1000 Per Month	Rs. 5000 Voucher On Spending Rs. 5L In A Year
IndusInd Bank Exclusive Debit Card	Nil For Exclusive Account	PayTM, SBI UniPay	~0.93% Cashback	Rs. 1050 Per Month (Cash Value)	Not Available
IndusInd Bank Select Debit Card	Nil For Select Account	PayTM, SBI UniPay	~0.93% Cashback	Rs. 1050 Per Month (Cash Value)	Not Available
IndusInd Pioneer Debit Card	Nil For Pioneer Account	SBI UniPay, PayTM	0.50% Cashback	Unlimited	Not Available
IDFC First Private Debit Card	Nil For Private Account	SBI UniPay	1% Reward (Voucher) After Rs. 50,000, Reward Rate Will Become: 2.50%	Rs. 1,25,000 Per Month (Cash Value)	Not Available
IDFC First Wealth Debit Card	Nil For Wealth Account	SBI UniPay	0.67% Reward (Voucher) After Rs. 50,000, Reward Rate Will Become: 2.50%	Rs. 12500 Per Month (Cash Value)	Not Available
IDFC First Select Debit Card	Nil For Select Account	SBI UniPay	0.5% Reward (Voucher) After Rs. 50,000, Reward Rate Will Become: 2.50%	Rs. 7500 Per Month (Cash Value)	Not Available
Standard Chartered Priority Visa Infinite Debit Card	Nil For SC Priority Banking	PayTM, SBI UniPay, Etc.	1.25% Cashback (Voucher)	Unlimited	Not Available

In today's financial world, getting the most cashback means thinking creatively and planning strategically. Using the right debit card to pay your credit card bills can earn you extra rewards and improve your overall financial situation. Whether it's getting cashback on everyday purchases or finding new ways to use your rewards, there are plenty of opportunities for those who are open to trying out innovative financial strategies.

Update- 4900 MCC eligible for CB for RBL enterprise & MCC for PayTM transaction is 6051 So RBL SPDC is also not eligible for CB On Paytm

 

[6ix9ine]

Any method or trick for NMC waiver for this account?

N o p e

 

[thereguser]

what about IndusInd Titanium Debit Card? can someone help me?

 

[CC_Exuberant]

Oh bhai, time diya gaya hai recepient ko ki receipt laa. Yeh jo hold pe hai fir se debit karke de denge unko. Agar yeh tera paisa hold se hat gaya aur account mein release ho gaya toh recovery tere CC ko charge karke karega. Usme debit entry create ho jayegi. At end of day you can relax as you won't get anything in that. If you use this amount be ready to pay in fuure when your CC creates a debit entry for same amount. Abhi ladayi HDFC aur Unipay ki hai. Chalney de. Dono jab settle kar lemge aapas mein tujhe koot denge.

I too in same boat ! They have released the hold amount to account and the payment is still reflecting in cc. Let’s see when will it be settled! Anyone else have faced in the past ?

 

[desiviru]

I too in same boat ! They have released the hold amount to account and the payment is still reflecting in cc. Let’s see when will it be settled! Anyone else have faced in the past ?

You meant to say the CC limit has increased? Don't worry it will reduce or a new debit entry will be created in future to ask for this payment.

 

[CC_Exuberant]

You meant to say the CC limit has increased? Don't worry it will reduce or a new debit entry will be created in future to ask for this payment.

The amount used to pay bill by DC to CC has come back to my saving account. And they have not created any debit entry in my CC as well . The transaction was successful on Unipay . What wrong with BBPS ?

 

[desiviru]

The amount used to pay bill by DC to CC has come back to my saving account. And they have not created any debit entry in my CC as well . The transaction was successful on Unipay . What wrong with BBPS ?

Worry not bro. They will settle accounts. I had CC successful txn for which refund was also made by mistake from merchant and it auto-settled after 2 months by creating a new debit entry in my CC which later deducted on auto-pay from my account. But as I check my CC txns regularly I didn't noticed anything unusual and let them take back what was their's. Problem is not with BBPS. Things work with a protocol and many a times, everything is fine but where txns are settled and reversed get some hiccups. Later when banks check in month end or next month end, they ask for money again when their own corpus is less. Banks have their own way of settlement. They don't settle on daily basis with merchants. These are just enteries which are reconciled at month end or twice a month.