Fear of getting HDFC account freezed for doing 1% millenia or platinum debit card cashback?

[SUBARNA Mahato]

𝗛𝗗𝗙𝗖 𝗯𝗮𝗻𝗸 𝗮𝗰𝗰𝗼𝘂𝗻𝘁 𝘄𝗶𝗹𝗹 𝗴𝗲𝘁𝘀 𝗯𝗹𝗼𝗰𝗸𝗲𝗱 𝗼𝗿 𝗳𝗿𝗲𝗲𝘇𝗲𝗱! (Question)

Are you guys not worried about that doing credit card bill for 75k by using Hdfc platinum DC, you guys make transaction almost 1 lakh 50 thousand per month around ( 75k credit+ 75 Debit).
By calculating this in one year it goes around 12*1.5= 18 Lakh. Leading to block/ freeze our account by HDFC as 18 lakh transaction looks like huge who have mentioned their annual income 3-5 lakh during account opening ( for students) or who do not file ITR file.

Even those who are doing add money 40000 in Amazon wallet for getting 1% cashback upto 400 using millenia debit card. They are doing almost (40000+40000= 80000) transaction per month (Debit+ credit).in year it becomes 10 lakh around

 

[Vasuki]

Fear fear it's very onset of the emotion in homo sapiens

 

[SUBARNA Mahato]

Fear fear it's very onset of the emotion in homo sapiens

Your thoughts about my post please write?

 

[Vasuki]

Your thoughts about my post please write?

Receiving bank ( the bank who recieved the cc bill payment) send report to itr if it crosses 10 lakh or above or 9. Something in consistent years

Hdfc is paying bank via dc unless suspicious transaction which they aren't they can't say a word on dc transaction

For ITR - no one knows when they will suddenly become saint

Suppose u do 3.5 lakh itr & in 5 year u pay 35 lakh cc bill pay.
U can manage to sell them till 20-25 lakh not 30 above

 

[6ix9ine]

You entire post is flawed.

You are considering double the amount, which means you are assuming that both the (CC) and (DC) are from the same bank. Even if they are, they are handled by entirely separate departments.

Regarding the points, the transaction is not being counted towards paying CC bills (it doesn't work) instead, it is being considered as a utility bill.

Also, since you have already decided to create a thread about it, perhaps delete your other posts which have you spammed in every CC paying threads.

 

[Vasuki]

You entire post is flawed.

You are considering double the amount, which means you are assuming that both the (CC) and (DC) are from the same bank. Even if they are, they are handled by entirely separate departments.

Regarding the points, the transaction is not being counted towards paying CC bills (it doesn't work) instead, it is being considered as a utility bill.

Also, since you have already decided to create a thread about it, perhaps delete your other posts which have you spammed in every CC paying threads.

Seeing from 69 position with others

 

[Vasuki]

You entire post is flawed.

You are considering double the amount, which means you are assuming that both the (CC) and (DC) are from the same bank. Even if they are, they are handled by entirely separate departments.

Regarding the points, the transaction is not being counted towards paying CC bills (it doesn't work) instead, it is being considered as a utility bill.

Also, since you have already decided to create a thread about it, perhaps delete your other posts which have you spammed in every CC paying threads.

New people get anxious.
It's pretty normal. If he spammed mods are there
Let him get him fear out first
You scaring him again

 

[keerthirahul123]

Your post is entirely wrong. It does not work in that way unless ur ITR is 9lacs and ur paying 18 lacs for CC bill.

Why would anyone freeze unless there are any suspicious transactions in ur account? Also CC bill payment is no longer eligible for 1% CB.

 

[keerthirahul123]

To add..

My CC bills in each bank for the past 4 years have been above 10 lacs easily and I never got any notice.

The whole point of this reporting is to validate credit=debit. And if it matches then no one is going to question you. If there is a discrepancy in this calculation then you are under scrutiny.

You can spend only X amount when ur earning that money right. So if ur earning is only 10k and ur spending 1L then it is suspicious as to where the amount is coming from.

 

[Vasuki]

Your post is entirely wrong. It does not work in that way unless ur ITR is 9lacs and ur paying 18 lacs for CC bill.

Why would anyone freeze unless there are any suspicious transactions in ur account? Also CC bill payment is no longer eligible for 1% CB.

R A H U L R A H U L R A H U L


It's the eligibility of hdfc bill pay desk mcc chnged

not
Eligibility to earn reward on card with same mcc on other eligible website/ app

 

[SUBARNA Mahato]

New people get anxious.
It's pretty normal. If he spammed mods are there
Let him get him fear out first
You scaring him again

I am afraid that's why i post here..

 

[keerthirahul123]

R A H U L R A H U L R A H U L


It's the eligibility of hdfc bill pay desk mcc chnged

not
Eligibility to earn reward on card with same mcc on other eligible website/ app

Yes I shud have been clear

 

[6ix9ine]

New people get anxious.
It's pretty normal. If he spammed mods are there
Let him get him fear out first
You scaring him again

Haha true

@SUBARNA Mahato don't worry nothing will happen unless you go absolutely bonkers with your CC bills (above 10L).

Vasuki's answer is more relevant for limit perspective.

Paying method doesn't matter, what matters is how much that individual bank report to ITD.

Fyi: HDFC Billpay doesn't work anymore as MCC changed, in case you are still used to it. There are other portals, you can find their names in the forum itself.

 

[6ix9ine]

I am afraid that's why i post here..

Write your spend pattern in this thread, I am hoping for some mobile bookings transactions

 

[SUBARNA Mahato]

Write your spend pattern in this thread, I am hoping for some mobile bookings transactions

There are 2 Mobile booking of 30000 and 20000

 

[keerthirahul123]

There are 2 Mobile booking of 30000 and 20000

Ur ITR I suppose I definitely more than that ?? If yes there is nothing to worry.

 

[_ayush]

Receiving bank ( the bank who recieved the cc bill payment) send report to itr if it crosses 10 lakh or above or 9. Something in consistent years

Is there any information about 9.something bill in consistent years being reported in ais?

 

[Vasuki]

Is there any information about 9.something bill in consistent years being reported in ais?

U can get at 8 lakh cc bill payment too it's just one day ur luck shines & u have to explain how u made those transactions

Unless u earnt something it's just bad paperwork or some tax
That's it

Itr notice is like principal office call not jail time

Read law fear less no dululu

 

[_ayush]

U can get at 8 lakh cc bill payment too it's just one day ur luck shines & u have to explain how u made those transactions

Unless u earnt something it's just bad paperwork or some tax
That's it

Itr notice is like principal office call not jail time

Read law fear less no dululu

I have itr justifying the expenses. Just want to avoid the hassle of dealing with itd.
The probability of notice would increase it its reported in ais ig.

 

[MrJJ]

𝗛𝗗𝗙𝗖 𝗯𝗮𝗻𝗸 𝗮𝗰𝗰𝗼𝘂𝗻𝘁 𝘄𝗶𝗹𝗹 𝗴𝗲𝘁𝘀 𝗯𝗹𝗼𝗰𝗸𝗲𝗱 𝗼𝗿 𝗳𝗿𝗲𝗲𝘇𝗲𝗱! (Question)

Are you guys not worried about that doing credit card bill for 75k by using Hdfc platinum DC, you guys make transaction almost 1 lakh 50 thousand per month around ( 75k credit+ 75 Debit).
By calculating this in one year it goes around 12*1.5= 18 Lakh. Leading to block/ freeze our account by HDFC as 18 lakh transaction looks like huge who have mentioned their annual income 3-5 lakh during account opening ( for students) or who do not file ITR file.

Even those who are doing add money 40000 in Amazon wallet for getting 1% cashback upto 400 using millenia debit card. They are doing almost (40000+40000= 80000) transaction per month (Debit+ credit).in year it becomes 10 lakh around

What is this Nimo Tai logic?
It's like spend with Credit Card (GST Included), then pay credit card bill and again add GST.

Khud ke khaate se white money se payment kar rahey hai, salary/business income ki transactions sab bank mein hai. ITR proper bhar rahein hai, TDS cut raha hai ab ch*tia to mat kaato...