Are you sure it is PayZapp doing it? Usually it is the bank putting restrictions due to abuse.
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Payzapp concerns
- Thread starter phani11
- Start date
When I click add money using SCB card, immediately getting a warning symbol from payzapp, it's too instant, that could be from payzapp only, anything from SCB should reach the payment gateway, but here it's not reaching that step..
Payzapp is already getting money when u r using it on uber.
It is uber which is losing money here. But again not too much, as MDR for wallet load is low.
Paytm has free withdrawal. That's why it charges during load.
Most wallets gave one of the two things free.
Some exceptions are like mobikwik and those wallets become completely useless
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HOME_CARDER
TF Select
Thanks man ! Its working for me. I loaded PayZapp wallet using IDFC Millennia CC got 1.5% cashback and was able to pay entire BOB CC bill through wallet itself.
pprakash11
TF Prestige
How is IDFC Millenia giving 1.5% cb ?
VISHESH_BANSAL
TF Pioneer
I also noticed it but ignored it
#Buzz.....
pprakash11
TF Prestige
His TF handle says it too
pprakash11
TF Prestige
And then sweetly IDFC will block wallet load
HOME_CARDER
TF Select
My bad. It gives 1% cashback for incremental spends below Rs 20,000 but after spends of Rs 20,000 in a month it gives 10X points, which gives roughly 1.6% cashback. Calculation is below:
FOR TRANSACTIONS AFTER TOTAL SPENDS OF 20K
- 1 RP per Rs 150.
- 10X i.e. 10RP per 150
- 1 RP = Rs 0.25 THUS 10 RP = Rs 2.5
- Rs 2.5 for every Rs 150 i.e. 1.6% cashback
FOR TRANSACTIONS BEFORE TOTAL SPENDS OF 20K
- 1 RP per Rs 150.
- 6X (ON ONLINE SPENDS) i.e. 6RP per 150
- 1 RP = Rs 0.25 THUS 6 RP = Rs 1.5
- Rs 1.5 for every Rs 150 i.e. 1% cashback
So 1% cashback till spends of Rs 20,000 and then 1.6% cashback.
Apart from SC Ultimate I've found IDFC CCs to be the best for wallet loads, let me know if there's anything better.
VISHESH_BANSAL
TF Pioneer
BOB eterna flat 3.75%
BOB Eterna use Karo other cards ki yaad nhi aayegi phir
pprakash11
TF Prestige
Naya card deliver hone se pehle.. wallet mcc blocked aayega
Only risk is if IDFC bank blocks the card for wallet loads. So please be careful with the amount you use for wallet loads.
I think somewhere in the forum I read about the same.
Chaitanya-a
TF Prestige
I have faced this. I would suggest to keep wallet load below 50% of card limit on IDFC Card. Just when I crossed 50% usage, they blocked it for heavy loading.
HOME_CARDER
TF Select
And then sweetly IDFC will block wallet load
BOB Stopped Giving Rewards on wallet load
i Did two transactions for paytm wallet load got zero points Think they have stopped @Batmanbaba @Bigde
www.technofino.in
Thanks for the info ! Will keep it in mind.
Oh that's bad... Is this some sort of temporary ban or is this permanent?
Chaitanya-a
TF Prestige
Not permanent but yeah it gets flagged. Maybe next time they'll block it permanently if done frequently.
I got fastest verification call from IDFC. IndusInd didn't care at all. ICICI, HDFC also calls for verification but not very often.
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HOME_CARDER
TF Select
I am yet to receive verification call from IDFC but they did call me for EMI conversion of all transactions.
Chaitanya-a
TF Prestige
Be cautious while doing wallet loading with IDFC. They're kind of same as BoB in blocking wallet loads if done frequently.
Try with different denominations, less amount and a good time gap.
Yes it’s a golden feature in wealth card
Even though I have 450000 limit I just did 57k payzapp load from it
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