Best Way to pay Credit Card Bill

[kushal]

Guys I am redacting this post as I have been asked by the bank for non disclosure as mentioned in TnCs else my account would be suspended. They had asked me to remove this as this violates the TnC related to not getting reward points for CC payments.

 

[brightknight]

I pay 0%. 🙂

How ? If other than bob eterna,magnus & kotak... Please explain

 

[Salvo08]

HDFC:
Most of us know that the best way to pay Bills for the Credit Card is the HDFC Bill Pay Portal, it allows us 1% reward rate for max 750 per month.
A person has to use the HDFC Bill pay portal via Netbanking/Mobile Banking for the same. (Using Easyshop Platinum Debit Card)

IndusInd:
The second best way is premium Indusind Debit Cards, i.e., Select/Exclusive Debit Card, it offers upto 0.93% reward rate and could be beneficial for those who frequently exhaust the HDFC limit,
Note: Paytm does not accept the mastercard variant of these cards, so in my experience Mobikwik does and gives the reward. For Visa Variant, paytm would work.
Unlike HDFC, Indusind offers incremental rewards for Credit Card payment, the rewards you get are (Brackets for total monthly spend):

Spend 5k - 0.35% - Rs 17
Spend 10k - 0.43% - Rs 43
Spend 20k - 0.56% - Rs 112
Spend 30k - 0.67% - Rs 201
Spend 40k - 0.72% - Rs 288
Spend 50k - 0.78% - Rs 390
Spend 60k - 0.83% - Rs 500
Spend 80k - 0.88% - Rs 704
Spend 100k - 0.92% - Rs 920
Spend 112.5k (Max) - 0.93% - Rs 1050
Here the max limit for Cashback is Rs 1050 a month as a person can get max 3000 reward points (1 RP= Rs 0.35)

AU Royale DC also offers 1% cashback with max limit of ₹200. So one can pay through Cheq using DC up to 20K to avail the benefit.

 

[VijayflyRaven]

How ? If other than bob eterna,magnus & kotak... Please explain

Any rupay credit card that supports UPI. Just use UPI and zero charges.

 

[brightknight]

Any rupay credit card that supports UPI. Just use UPI and zero charges.

okay. 😁

 

[iAmPm]

Any sure shot way to not get debit freeze after account opening?

 

[Wealth is my birth right!]

Any sure shot way to not get debit freeze after account opening?

Accounts opened at branches will not get freeze 99%
Online mode they want to prevent open and misuse and won’t turn back clients so they are more cautious

 

[4uziaul]

Any sure shot way to not get debit freeze after account opening?

Tell them you will make some investment and that will do the trick 🤣

 

[alok416]

BilPay cashback is only via Platinum. For Millenia you have to load Paytm wallet and pay from there. Platinum Rs 750 max, Millenia Rs 400 max

Are You sure ?? You mean if we will pay Credit card bills via Smartpay/Billpay by Millenia Debit card we will get nothing ? 😱

 

[iAmPm]

Yes, he is right

 

[alok416]

Yes, he is right

Wtf 🤣🤣🤣 i have paid bills and was waiting for cashback 😭😭

 

[iAmPm]

For millennia -> Load any wallet from where you can pay CC bill through it. eg. Paytm. You will get 1% upto 400rs per month fro wallet load.

 

[VISHESH_BANSAL]

Wtf 🤣🤣🤣 i have paid bills and was waiting for cashback 😭😭

I have not paid CC bills via HDFC Bill Pay using MILLENIA DC.

But I think if Platinum is getting 1% then MILLENNIA will also get 2.5%(99.99%) rest 0.01% your luck.

Since gateway is same and Millennia DC gives 2.5% for online spends

 

[alok416]

For millennia -> Load any wallet from where you can pay CC bill through it. eg. Paytm. You will get 1% upto 400rs per month fro wallet load.

Ohh 😐 and what about MobiKwik bro... will i get anything bro for paying credit card bills through millenia Debit card ?

 

[alok416]

I have not paid CC bills via HDFC Bill Pay using MILLENIA DC.

But I think if Platinum is getting 1% them MILLENNIA will also get 2.5%(99.99%) rest 0.01% your luck.

Since gateway is same and Millennia DC gives 2.5% for online spends

Lets see bro...

 

[VISHESH_BANSAL]

Ohh 😐 and what about MobiKwik bro... will i get anything bro for paying credit card bills through millenia Debit card ?

2.5% upto 400 for CC Bill Payment using Mobikwik via Millennia DC.
This is verified by me

 

[alok416]

2.5% upto 400 for CC Bill Payment using Mobikwik via Millennia DC.
This is verified by me

Ohh then good 😁.. thnx bro

 

[arko]

want to open indusind account for paying cc bill. Already use hdfc for 75k.my bills are approx 1.2l -1.5 l per month.Is opening saving account beneficial.
will this account do https://www.indusind.com/in/en/personal/accounts/saving-account/indus-select.html

 

[4uziaul]

want to open indusind account for paying cc bill. Already use hdfc for 75k.my bills are approx 1.2l -1.5 l per month.Is opening saving account beneficial.
will this account do https://www.indusind.com/in/en/personal/accounts/saving-account/indus-select.html

Yes, this account will work and you get up to 3 debit cards. Plus if you hold legend credit card it becomes zero mab.

 

[creditcardkakida]

Refer to this table for monthly spends on Indus Card (These are total monthly spends, not individual), taking into account all the incremental rewards. I have simplified in Rupees.
Spend 5k - 0.35% - Rs 17
Spend 10k - 0.43% - Rs 43
Spend 20k - 0.56% - Rs 112
Spend 30k - 0.67% - Rs 201
Spend 40k - 0.72% - Rs 288
Spend 50k - 0.78% - Rs 390
Spend 60k - 0.83% - Rs 500
Spend 80k - 0.88% - Rs 704
Spend 100k - 0.92% - Rs 920
Spend 112.5k (Max) - 0.93% - Rs 1050

What if we make payment on cheq app using indusind exclusive debit card..

 

[4uziaul]

What if we make payment on cheq app using indusind exclusive debit card..

Make sure to use the Master Card variant.