Only Premium & Super Premium Cards Discussion

[RewardsAlert]

The person i sell ASV, he give me his debit card and i use his debit card on cheq/paytm app to repay my credit card bills.

Means you earn from cheq also 0.5%. 😂

 

[hireng]

Means you earn from cheq also 0.5%. 😂

I do that often too, but nobody shared their DC with me 🤣 instead I get them to pay directly to my cc.
In the case if you do take it in bank, you'd have to show that as either a reimbursement in the books or as if you bought and sold some item at 0 Rs profit to someone (and Govt got 0 revenue out of it) for the latter you won't have to maintain books if you are below a certain threshold (I'm not aware of the exact amount). But I'm sure if you ask CAs they will give you heaps of views and ask you to stay away from all this. There's a very hazy line around manufactured spending I believe and everyone goes with their own understanding, ground rule would always remain that stay away from cash deposits if you do sell something and need to accept payments, take white payments, my 2 cents 🙏

 

[D7162]

Most of the Fuel card are the cobranded card except few and works on particular brand fuel satiation. Also they have so many conditions like minimum and maximum amount to spend.
This works on all fuel station without any condition.
I have Standard charted Super Value Titanium, IndianOil CitiBank Platinum but find this card more beneficial.

Till 4000 spends, SCVT is best. You will get 4% net cashback (5% total -1% surcharge)

 

[D7162]

The person i sell ASV, he give me his debit card and i use his debit card on cheq/paytm app to repay my credit card bills.

If you are doing for this from long time than its good but personally I dont think its good idea.

Ideally, if you are spending something from your card, you should pay using your account and can pay tax on trading amount.

I have seen someone in my friend, HDFC and one more bank was there - i forgot have reported higher transactions (I guess its shows in 26AS) and he couldnt justify because he never paid for it. Someone else was using his card and he was paying directly to the card so Card spents were higher but never paid from owners account

But yes, if your bank is reporting, then only this issue occurs

 

[aakashyadava]

Bro, adding in fortum wallet is a huge challenge.

@kkk - Add money option is enabled.

 

[kkk]

@kkk - Add money option is enabled.

Thanks for notifying. Since I don't have SBI cashback, so it didn't make sense to load money here. I found an other way to use Rupay prepaid card in PayTm to buy Amazon shopping vouchers(which by the way is running 4% off). I add money in mobikwik wallet from CC without any charges. Then load this money in PayZapp and use payzapp card in Paytm without any charges.

 

[Wealth is my birth right!]

Thanks for notifying. Since I don't have SBI cashback, so it didn't make sense to load money here. I found an other way to use Rupay prepaid card in PayTm to buy Amazon shopping vouchers(which by the way is running 4% off). I add money in mobikwik wallet from CC without any charges. Then load this money in PayZapp and use payzapp card in Paytm without any charges.

But limit is 2500/- pm in MobiKwik

 

[kkk]

But limit is 2500/- pm in MobiKwik

On my account, currently that limit is not there as of now.

 

[Abhishek012]

Thanks for notifying. Since I don't have SBI cashback, so it didn't make sense to load money here. I found an other way to use Rupay prepaid card in PayTm to buy Amazon shopping vouchers(which by the way is running 4% off). I add money in mobikwik wallet from CC without any charges. Then load this money in PayZapp and use payzapp card in Paytm without any charges.

Mobikwik charged any fees direct use Mobikwik RuPay card on paytm gift voucher purchase ?

 

[kkk]

Mobikwik charged any fees direct use Mobikwik RuPay card on paytm gift voucher purchase ?

Yes there is charge, so going via Payzapp route.

 

[aakashyadava]

Ohh 11.8 on 145 is around 8% which is huge . I have used same HPCL petrol pump 2 times for around 600 and always surcharge is around 7 rupees (1.18%) . In next few days I will again go for refuel . I will share the charge slip with you

@VISHESH_BANSAL - Today I again used my card on HPCL petrol pump. They are using SBI Swipe Machine . I have made payment for 650 and they charged 7.67 surcharge.

 

[VISHESH_BANSAL]

@VISHESH_BANSAL - Today I again used my card on HPCL petrol pump. They are using SBI Swipe Machine . I have made payment for 650 and they charged 7.67 surcharge.
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Try with ICICI POS .
I think only ICICI POS machines will deduct minimum
Rs.11.8

 

[Abhishek012]

@VISHESH_BANSAL - Today I again used my card on HPCL petrol pump. They are using SBI Swipe Machine . I have made payment for 650 and they charged 7.67 surcharge.
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Fortum wale refund nahi karte hai surcharge ?

Junio wale toh refund kar dete hai surcharge.