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Magnus <--> Tata Neu Inf

I'm just speculating here and hoping it helps.
Have you enabled UPI in PayZapp, is it showing your UPI ID as your.phone.number@pz

Maybe that's the reason. Try this if you haven't already
That also done already in beginning
Also strange thing in payzapp is : it is not recognising my AXIS IOCL RUPAY Credit Card but HDFC TATA NEU & BOB HPCL Registered successfully
Is anyone facing issue with AXIS RUPAY CARD While registering in payzapp
 
Used 1.09% @ BharatNxt opportunity for doing these for some amount -

Magnus -> via Snapay/BharatNxt -> Tata Neu Inf -> via Gpay/PayTM/BHIM -> Magnus

Ace -> via Snapay/BharatNxt -> Tata Neu Inf -> via Gpay/PayTM/BHIM -> Ace

Any other card that would give net 0?

I have following paid cards which needs to complete yearly milestone for fee reversal - Magnus, Regalia, SBI CB, Amex.

Hey folks,

I have been paying CC bills via Tata Neu Infinity for last few months now.

It got me thinking, is it possible to rotate between magnus and tata card?

The way i thought is -
Magnus -> via Snapay/BharatNxt -> Tata Neu Inf -> via Gpay/PayTM/BHIM -> Magnus

It will be net 0 transaction considering BharatNxt charges and Neu coins.

Is anyone doing this already?
Also if its possible, how much amt you think is safe in a month, so that i wouldn't block my magnus?

Is it safe for 10k/20k/30k of such rotation every month? Or how much would you recommend?
 
Used 1.09% @ BharatNxt opportunity for doing these for some amount -

Magnus -> via Snapay/BharatNxt -> Tata Neu Inf -> via Gpay/PayTM/BHIM -> Magnus

Ace -> via Snapay/BharatNxt -> Tata Neu Inf -> via Gpay/PayTM/BHIM -> Ace

Any other card that would give net 0?

I have following paid cards which needs to complete yearly milestone for fee reversal - Magnus, Regalia, SBI CB, Amex.
Currently Snapay is effectively allowing transfer at 0% on any card(other than Diners and Amex cards).
 
How is it 0% ?
You pay credit card bill on snapay and you get 1% points which you can use in Snapay.

Let's take an example(which I did) -
Pay CC bill of 1 lakh, you get 1000 coins/points

Now do utility pay and chose Same day option(max Rs. 15k). You get option to pay upto 50% of fees by using coins.

Same day charges - 3%
Pay 50% through coins, effective charges 1.5%

For 15k, net charges comes out to be around Rs. 225
Chose Pay with rewards option, you get around Rs. 103 cashback and earn 1005 Zillion points(Previous payback)

Do next transaction of Rs. 1500 using T+1 option
Charges 2.5% = Rs. 37.5

Again chose Pay with reward options, now apply cashback and redeem 1000 Zillion which is worth Rs. 250
Effectively you will pay 1184.50 (1537.5 - 250 - 103)

Total Money paid = 15224.25 + 1184.50 = Rs. 16,408.75
Total received = Rs. 16,500

So you are still in profit of around Rs. 100 here and whatever your credit card gives. So effective charges < 0%
Obviously you need to do above circus which is pretty straight forward.
 
You pay credit card bill on snapay and you get 1% points which you can use in Snapay.

Let's take an example(which I did) -
Pay CC bill of 1 lakh, you get 1000 coins/points

Now do utility pay and chose Same day option(max Rs. 15k). You get option to pay upto 50% of fees by using coins.

Same day charges - 3%
Pay 50% through coins, effective charges 1.5%

For 15k, net charges comes out to be around Rs. 225
Chose Pay with rewards option, you get around Rs. 103 cashback and earn 1005 Zillion points(Previous payback)

Do next transaction of Rs. 1500 using T+1 option
Charges 2.5% = Rs. 37.5

Again chose Pay with reward options, now apply cashback and redeem 1000 Zillion which is worth Rs. 250
Effectively you will pay 1184.50 (1537.5 - 250 - 103)

Total Money paid = 15224.25 + 1184.50 = Rs. 16,408.75
Total received = Rs. 16,500

So you are still in profit of around Rs. 100 here and whatever your credit card gives. So effective charges < 0%
Obviously you need to do above circus which is pretty straight forward.
I have being doing this for quite some time now.
 
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