BharatNXT: Best App for Rent Payment with Credit Card!! (@1.59% charges)

[cardwizard]

Just now tried in ios they removed edit and delete both
So try creating new as existing it should go

Tried this also, it is not allowing, it says beneficiary already exists. Finally have asked customer care on whatsapp to delete the payee..

 

[SiddharthR]

BharatNXT New Update!
Rupay Cards are now supported for payments.

 

[Wealth is my birth right!]

BharatNXT New Update!View attachment 17717

The day for Amex I am an eagerly waiting user😊

 

[SiddharthR]

The day for Amex I am an eagerly waiting user😊

Convenience fees will be definitely high for Amex, it's now same for Visa, mc & Rupay😅

 

[ADITYA1904]

BharatNXT New Update!
Rupay Cards are now supported for payments.

View attachment 17717

Yes i add rupay cards 2-3 days before…

 

[mojo_jojo123]

I do monthly the shortfall of 1lac in last week just one entry in one billing cycle
From dec till last month no concerns in magnus
I mostly have around 50 to 70k expenses on pos and bb or fk it’s a combined spending of 3 couples in my family
So to reach milestone I am ok for that 1.09% in BharTnxt and I got good referral earlier like 1500 bhrt cash as free
Use it less with combination of pos and ecomm so systematically ur card will not get on their system AI as red flag

what do you do to complete the milestone of magnus in BharaTnx .. ? pay axis magnus cc bill or some other cc bill using axis magnus or send money to self / family member bank ac

 

[Wealth is my birth right!]

what do you do to complete the milestone of magnus in BharaTnx .. ? pay axis magnus cc bill or some other cc bill using axis magnus or send money to self / family member bank ac

Yes family transactions subject to their income tax limits and paying bills from their accounts

 

[mojo_jojo123]

Yes family transactions subject to their income tax limits and paying bills from their accounts

this is be counted as income for family member right ?

 

[Wealth is my birth right!]

this is be counted as income for family member right ?

Yes that’s why I said family members tax criteria
My parents are senior citizens so I am using both of their accounts

 

[arun_ak]

can some one confirm if we can pay axis magnus bill through DCB?

 

[mojo_jojo123]

Yes that’s why I said family members tax criteria
My parents are senior citizens so I am using both of their accounts

No what I meant is if someone is already in taxable income .. this payment received will be considered as transfer from family member ( non taxable ) or as a business / rental income ( taxable)

 

[Venky]

Any ideas about the current settlement times?
Last 2 times my credits were delayed and then again some days ago someone mentioned that their payment was not settled even after 3-4 days!
So anybody who did a transaction recently?

 

[NikTravelEnthusiast]

No what I meant is if someone is already in taxable income .. this payment received will be considered as transfer from family member ( non taxable ) or as a business / rental income ( taxable)

In my opinion it will be considered as a taxable income since it fall under business transactions.

If @Wealth is my birth right! can confirm it through form no. 26 AS of Income tax of family members. Which category it falls in?

 

[grshnehete]

Any ideas about the current settlement times?
Last 2 times my credits were delayed and then again some days ago someone mentioned that their payment was not settled even after 3-4 days!
So anybody who did a transaction recently?

I did one transactions last week. Settled in a day, which was expected as per their timeline.

 

[Wealth is my birth right!]

In my opinion it will be considered as a taxable income since it fall under business transactions.

If @Wealth is my birth right! can confirm it through form no. 26 AS of Income tax of family members. Which category it falls in?

I didn’t exceeded the non taxable exemption for both of my parents since they are retired

No what I meant is if someone is already in taxable income .. this payment received will be considered as transfer from family member ( non taxable ) or as a business / rental income ( taxable)

Better always consider it as taxable and play low cos once tax is charged then these cc rewards are nothing to compare

 

[NikTravelEnthusiast]

I didn’t exceeded the non taxable exemption for both of my parents since they are retired

Better always consider it as taxable and play low cos once tax is charged then these cc rewards are nothing to compare

Great advice.
Playing low,gaining high.

 

[ADITYA1904]

Any ideas about the current settlement times?
Last 2 times my credits were delayed and then again some days ago someone mentioned that their payment was not settled even after 3-4 days!
So anybody who did a transaction recently?

No problem at all…all settled in time…

 

[ashishsinghi]

I didn’t exceeded the non taxable exemption for both of my parents since they are retired

Better always consider it as taxable and play low cos once tax is charged then these cc rewards are nothing to compare

I don't think it can be considered as income I mean who receives income in their credit card.. it should be treated as one relative paid to another relative and transfer of funds between relative is not taxable

 

[CardTox]

BharatNXT New Update!
Rupay Cards are now supported for payments.

View attachment 17717

What is the benefit of adding rupay cc to BhtNxt for any type of payment by paying extra 1.5% charges? When we can directly utilise rupay CC through upi for sending money to saving ac, paying another cc bill and transfering money to account, is there anything i am missing in knowing the benefits of rupay cc adding to Nxt?

 

[Wealth is my birth right!]

What is the benefit of adding rupay cc to BhtNxt for any type of payment by paying extra 1.5% charges? When we can directly utilise rupay CC through upi for sending money to saving ac, paying another cc bill and transfering money to account, is there anything i am missing in knowing the benefits of rupay cc adding to Nxt?

Trf to non business accounts from rupay card is possible even to spouse account by BharTnxt