[Query] Income Tax Payment - IDFC First Bank Wealth Credit/Debit Card

[sahil1033]

Maybe that 300 got settled before 92k so you got 3X for that

yes, that could be the case even I was thinking of

 

[itsds]

UPDATE (17-Jul-2024) :

Got 10x RPs for tax payment but I'm not able to understand the maths they've done ... will look into it closely later on.

There's one thing though, I fuelled up for Rs. 300 on the same day after paying Rs. 92,910 but it's showing 6 points only ... I should've got 30 points (2.5% worth RPs), right?

Which credit card ?

 

[sahil1033]

Which credit card ?

not credit card, debit card :

IDFC First Bank Wealth debit card

 

[PKMKB]

I'll be using my wealth DC for tax payment. It can be used on any of the payment gateways or it has to be a specific one?

 

[Azharuddin]

Guys I need to pay 2L using idfc select credit card, how much reward point I will get and what extra charges I need to pay? As per t&c I see surcharge applicable only for utilities payment above 20k...but nowhere govt transaction mentioned...please help
It's urgent

 

[PKMKB]

So to clear confusion ...

View attachment 61170

Is this the same merchant you got for your payment?

 

[doctoramar]

I paid in full with Wealth DC, let's see ... since it was urgent, couldn't have waited.

Did u get 3x or 10x cashback

 

[PKMKB]

Did u get 3x or 10x cashback

You'll get 10X

 

[sauravkumar]

Is this the same merchant you got for your payment?


View attachment 65816

How to download this e-receipt in IDFC??

 

[PKMKB]

How to download this e-receipt in IDFC??

click on the transaction and click on download

 

[HumorSimpson]

Guys I need to pay 2L using idfc select credit card, how much reward point I will get and what extra charges I need to pay? As per t&c I see surcharge applicable only for utilities payment above 20k...but nowhere govt transaction mentioned...please help
It's urgent

Read the TnC, its clear and Do the math...

Get Lifetime Free Credit Card FIRST Select Online | IDFC FIRST Bank

Apply for FIRST Select Credit Card a lifetime card at IDFC FIRST Bank. Avail travel perks such as domestic airport lounge access, low forex markup & trip cancellation cover and much more.

www.idfcfirstbank.com

• 1X Reward Points on Insurance premium and Utility bill payments
• Use Reward points to instantly pay for online or in-store purchases
• 3X Reward Points on rental and property management transactions
  
  1X = 1 Reward Point per ₹150 spent| 1 Reward point = ₹0.25
  
  
  Categories not included in the 10X Reward Points threshold: Rental & Property Management, Utility, Insurance, Government Services, Education and Wallet Load.

So what you get for govt services is 1x i.e. 200000*1*0.25/150 = 333 rs which is 0.16%


You get 0.16% CB and PG charges could be ~1% which makes you a loss of 0.84%