NPS payment

[Prateek26]

Which is the best card to make transaction on NPS website as Magnus as well as Infinia is not giving points? I have Magnus, Infinia and diners black. Pls suggest

 

[ramsharma]

What is the best way to pay for NPS using credit card?

 

[sousnake]

What is the best way to pay for NPS using credit card?

It's posted couple of other places as well, AMEX gold gives Reward Points & counted towards milestone.
I am using AMEX MRCC which is only counted towards Milestone - (5000 * 4 transaction) in month gives 2000 points (0.38 per point is 760).

 

[abhiver]

Is it possible to pay for NPS thought AMEX CC?

 

[Bharat]

Axis Vistara but only till 3rd Jan 2024

 

[sousnake]

Is it possible to pay for NPS thought AMEX CC?

Yes. Doing it from last 4 months.

 

[ramsharma]

I dont have amex card, any other card?

 

[DineshDK]

What about Regalia/DCB for NPS payments?

 

[sousnake]

What about Regalia/DCB for NPS payments?

DCB will not earn reward points for govt transaction. Not sure if nps is counted towards it.

 

[harryb]

Does IDFC Vistara gives rewards points on NPS payment and considered for 30k milestone benefit for 2k reward points?
Does Infinia gives reward points for NPS payments?

Thanks

 

[suyash]

What about axis atlas?

 

[mojo_jojo123]

can we pay nps via Indusind Rupay cc upi without any charges ?

 

[helloworld]

can we pay nps via Indusind Rupay cc upi without any charges ?

possible but reward rate very very low. look for other options even with fees

 

[mojo_jojo123]

possible but reward rate very very low. look for other options even with fees

other options like ? I have DCB and amex MRCC will they give more reward

 

[Zacobite]

other options like ? I have DCB and amex MRCC will they give more reward

4x1500 on mrcc will give you some points 1000

 

[helloworld]

other options like ? I have DCB and amex MRCC will they give more reward

more info on old threads.

Best card for NPS Contribution

Last update: 10-04-24 HDFC : Milestone benefits only ✅ HSBC Cashback: 0% ✅ AMEX Gold Charge: 1 MR/50 + Milestone benefits ✅ AMEX SmartEarn/ MRCC: Milestone benefits only ✅ AU Zenith: Milestone benefits only ✅ AU Zenith+: 1% + Milestone benefits ✅ ICICI APay: 1% ✅ SC Smart: 2% ✅ SC Ultimate: 2%...

www.technofino.in

 

[mudit.sharma]

Last year i got 1% CB on NPS Contribution on using SBI CB CC, helped me in netting off the transaction charges on nps portal for CC usage. It was useful to achieve 2L milestone.. this year i am not getting CB.

If anyone received CB, can you tell which gateway you used?

 

[vaibhavchits]

Yes. Doing it from last 4 months.

Hi,
Thanks for all the information.
I am currently using AU Ixigo LTF for 2.5% on NPS payments.

Planning to take AMEX MRCC only for NPS payments. I have few questions if you can Answer please

1) Does Amex MRCC give normal and bonus rewards points on NPS transactions (Say I make 4*1500 NPS transactions in a month, will I get the Bonus 1000 rewards points ?

2) Do I have to wait to accumulate 18000 rewards points to be able to redeem it for amazon voucher (In this case 6000 Voucher)

Calculations for others -
AMEX Card referral benefits - 2000 (On min 5000 spend in 90 days)
Joining benefits - 4000 (on min 5000 spend in 90 days and payment of joining fees)

I will make (1500*4=6000) payment on NPS every month for 1000 Bonus points
12 months = 12000 rewards points

Total rewards 2000 + 4000 + 12000 = 18000 for a payment of 72000
reedem in for 6000 Gift card
minus 1180 Joining fee
Total return = 4820
Effective Final return 6.69% on NPS

Thanks anybody who can confirm please share your referral as well

ABOVE CALCULATIONS APPLY ONLY FOR 1st year

 

[helloworld]

Hi,
Thanks for all the information.
I am currently using AU Ixigo LTF for 2.5% on NPS payments.

Planning to take AMEX MRCC only for NPS payments. I have few questions if you can Answer please

1) Does Amex MRCC give normal and bonus rewards points on NPS transactions (Say I make 4*1500 NPS transactions in a month, will I get the Bonus 1000 rewards points ?

2) Do I have to wait to accumulate 18000 rewards points to be able to redeem it for amazon voucher (In this case 6000 Voucher)

Calculations for others -
AMEX Card referral benefits - 2000 (On min 5000 spend in 90 days)
Joining benefits - 4000 (on min 5000 spend in 90 days and payment of joining fees)

I will make (1500*4=6000) payment on NPS every month for 1000 Bonus points
12 months = 12000 rewards points

Total rewards 2000 + 4000 + 12000 = 18000 for a payment of 72000
reedem in for 6000 Gift card
minus 1180 Joining fee
Total return = 4820
Effective Final return 6.69% on NPS

Thanks anybody who can confirm please share your referral as well

ABOVE CALCULATIONS APPLY ONLY FOR 1st year

only milestone benefits, no regular points.

Post in thread 'Best card for NPS Contribution'

Post in thread 'Best card for NPS Contribution'

Jun 7, 2024

So Amex Plat Travel or Plat reserve doesn't give any reward? Is there a change in this table?
I have Amex Platinum Reserve (PLanning to Switch to Platinum Travel) and Infinia. Which would be better card for NPS payment?

To iterater again, AMEX cards are never meant for 1MR/50 but the milestone benefits. Compared to regular rewards, milestone has higher reward % in AMEX and people should apply these cards only if those achieve them. Otherwise no use them. And do not loose better benefits by seeing no regular rewards, where you'll loose better returns.

Ex: Assuming 1MR = 0.30p

two...

• helloworld

• 

rest matched ur calculation

for gold collection wait till 18k or 24k. before that redemption value 0.25

 

[sousnake]

Hi,
Thanks for all the information.
I am currently using AU Ixigo LTF for 2.5% on NPS payments.

Planning to take AMEX MRCC only for NPS payments. I have few questions if you can Answer please

1) Does Amex MRCC give normal and bonus rewards points on NPS transactions (Say I make 4*1500 NPS transactions in a month, will I get the Bonus 1000 rewards points ?

2) Do I have to wait to accumulate 18000 rewards points to be able to redeem it for amazon voucher (In this case 6000 Voucher)

Calculations for others -
AMEX Card referral benefits - 2000 (On min 5000 spend in 90 days)
Joining benefits - 4000 (on min 5000 spend in 90 days and payment of joining fees)

I will make (1500*4=6000) payment on NPS every month for 1000 Bonus points
12 months = 12000 rewards points

Total rewards 2000 + 4000 + 12000 = 18000 for a payment of 72000
reedem in for 6000 Gift card
minus 1180 Joining fee
Total return = 4820
Effective Final return 6.69% on NPS

Thanks anybody who can confirm please share your referral as well

ABOVE CALCULATIONS APPLY ONLY FOR 1st year

1. No base reward points, only bonus.
2. Yes

 

[mojo_jojo123]

Hi,
Thanks for all the information.
I am currently using AU Ixigo LTF for 2.5% on NPS payments.

Planning to take AMEX MRCC only for NPS payments. I have few questions if you can Answer please

1) Does Amex MRCC give normal and bonus rewards points on NPS transactions (Say I make 4*1500 NPS transactions in a month, will I get the Bonus 1000 rewards points ?

2) Do I have to wait to accumulate 18000 rewards points to be able to redeem it for amazon voucher (In this case 6000 Voucher)

Calculations for others -
AMEX Card referral benefits - 2000 (On min 5000 spend in 90 days)
Joining benefits - 4000 (on min 5000 spend in 90 days and payment of joining fees)

I will make (1500*4=6000) payment on NPS every month for 1000 Bonus points
12 months = 12000 rewards points

Total rewards 2000 + 4000 + 12000 = 18000 for a payment of 72000
reedem in for 6000 Gift card
minus 1180 Joining fee
Total return = 4820
Effective Final return 6.69% on NPS

Thanks anybody who can confirm please share your referral as well

ABOVE CALCULATIONS APPLY ONLY FOR 1st year

is amex giving MRCC LTF these days ?