Credit card Giving maximum points on mygate society maintainance payment

[haroldh]

Hello All, with all the devaluations, is there any card which gives positive ROI for payment of mygate society maintainance?

 

[Animal]

Thanks will try that! AGV still has charges on mygate right?

Yes it has but still you will be able to save some money.

 

[Nishan11]

Can anyone confirm how many days it take payment to reflect on society account if payment made by mygate using debit card.

Asking because receipt is generated for society dues paid but still not credited in society account. Payment done on 8th April Afternoon.

@SSV @4uziaul

 

[Animal]

Can anyone confirm how many days it take payment to reflect on society account if payment made by mygate using debit card.

Asking because receipt is generated for society dues paid but still not credited in society account. Payment done on 8th April Afternoon.

@SSV @4uziaul

It’s instantaneous for me.

 

[anishcode]

Here is my calculation for making 10K payment on MyGate using AGV bought from SmartyBuy using Infinia:

AGV	Total Payment	Reward Points	Effective Payment	MyGate	Net Gain	Net Gain %
10000​	10295​	1650​	8645​	9770 + 230 GST	9770 - 8645 = 1125	1125 / 9770 = 11.5%

Pls correct me if this calculation is wrong.

@Animal @starstruck From Reward Point of view -> I have Amex -> Plat Travel, MRCC, Gold . Plus Axis Atlas too.
Plus I have HDFC Regalis CC and IDFC Wealth DC and CC.

My Payment amount is 33660 in MyGate and via APAY it shows 34553.67 inc. everything = 893.67 Rs. (2.66%) Extra .

Which would be best to use?

 

[starstruck]

@Animal @starstruck From Reward Point of view -> I have Amex -> Plat Travel, MRCC, Gold . Plus Axis Atlas too.
Plus I have HDFC Regalis CC and IDFC Wealth DC and CC.

My Payment amount is 33660 in MyGate and via APAY it shows 34553.67 inc. everything = 893.67 Rs. (2.66%) Extra .

Which would be best to use?

If that is a per month amount, use the Plat Travel.

 

[anishcode]

If that is a per month amount, use the Plat Travel.

No its for whole year. Paying as an advanced maintenance charges. Once in an year.

Question is with any CC I will pay 34450Rs.
it will be 2.35% charges.

With amex travel plat also will be paying around 800 more.
and MR will be 673 only. = will not get positive return.

Is it correct calculation?

 

[Animal]

No its for whole year. Paying as an advanced maintenance charges. Once in an year.

Question is with any CC I will pay 34450Rs.
it will be 2.35% charges.

With amex travel plat also will be paying around 800 more.
and MR will be 673 only. = will not get positive return.

Is it correct calculation?

Don’t pay directly, better buy AGV and use it on MyGate.

 

[bigbyte]

2% + GST

Plus Platform fee. They are minting money now.

 

[anishcode]

Don’t pay directly, better buy AGV and use it on MyGate.

Yes right now going with APAY option . Further it will be problem for lot of things as Amex has restricted 10000/month for APAY.

 

[350modena]

Amex Platinum Travel if you are into traveling and hotel stays.

Hello, can you share how the amex platinum comes out ahead even with Mygate fees? Thanks

 

[Ra.One]

Find out mcc first

Utility
15th July tak BoB SD use karlo, giving 2.5% return
I'm in the mood to prepay maintenance for the next 6 months atleast.

 

[bigbyte]

Utility
15th July tak BoB SD use karlo, giving 2.5% return
I'm in the mood to prepay maintenance for the next 6 months atleast.

Rs. 500/- per month ka limit hai. Kya hee lootoge.

 

[Ra.One]

Rs. 500/- per month ka limit hai. Kya hee lootoge.

~3.5k maintenance hai mahine ka, to 6 months tak ka to loot hi sakte hain

 

[Ash8]

Nobrokerhood doesn't even show amazon pay payment method. It has also increased its credit card charges to 1.4%+gst it seems.
Its charging 1.4%+gst for debit card payment on transactions above 2k ! That's heavy on a debit card...

 

[Bharat]

Can someone share mcc for mygate maintenance, thanks

 

[Explorer]

does anybody know MCC for mygate society dues payment? I see hdfc infinia gives regular point, but axis magnus does not.

 

[Explorer]

Never tried APay, if works, it may be the way to go.

 

[C_R]

Never tried APay, if works, it may be the way to go.

2.655% charges for Apay

 

[shu_sha]

Nobrokerhood doesn't even show amazon pay payment method. It has also increased its credit card charges to 1.4%+gst it seems.
Its charging 1.4%+gst for debit card payment on transactions above 2k ! That's heavy on a debit card...

Any trick to pay the maintenance charges on Nobrokerhood app? I also use NBH for maintenance payment of 5500 per month, not sure if Sbi Cashback Card will work did anyone tried using it?

 

[Ash8]

Any trick to pay the maintenance charges on Nobrokerhood app? I also use NBH for maintenance payment of 5500 per month, not sure if Sbi Cashback Card will work did anyone tried using it?

Try paying a smaller amount and let everyone know as well. Doesn't seem there are a lot of NBH users here.