IndusInd pinnacle world credit card reward points for loading amazon and Mobi Kwik wallets

[ravi147]

• Actually, as per my search, I did not find any clarity regarding the reward points that we get from loading amazon and Mobi Kwik wallets with IndusInd pinnacle credit card​
• So practically loaded the respective wallets with an amount of 6k.
• For Mobi Kwik for 6k, they charged 2.95% (2.5 % charges + 18% gst on 2.5%) which comes to 147.50 Rs and the reward points received for this are 92(69 Rs).
• For Amazon wallet for 6k, charges are 2.36 % including GST, which comes to 141.60 Rs and the reward points received for this are 90 (67.5 Rs)

 

[helloworld]

Its 2.5% for online shopping, 1.5% travel, wallets, 1% for offline, 0.7% for utilities etc. spl. categories.

Post in thread 'Credit Cards for Wallet Loading'

Jul 26, 2024

@SSV @D₹V
need little more info on IndusInd Pinnacle card.
I am looking for a rewarding option for tax payments. Lets say can I add 3Lakh in some wallet like Amazon with this pinnacle credit card and pay ? If so, the reward is 2.5% - 1%(PG). Is it correct ?

I guess its joining fee is 15K +GST and LTF.

wallet 1.5% for pinnacle. pinnacle works based on MID and MCC, so reward varies.

1.5% - 2.36% (assume wallet load charges) - 1.18% (PG charges) = -2.04% +1% (if bill pay through valid DC) = -1.04%

• helloworld

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