SC Ultimate usage for only wallet loads - Any issues?

[Lord Of Darkness]

Hey CC enthusiasts,

I am planning to use my SC Ultimate for only Wallet loads for about a lakh or more each month. My limit is 5.6 lakhs.
Is there any threat of the card being cancelled for heavy usage for wallet loads?

Has anyone used this for a long time for heavy wallet loads without any issue ? I just got the card this month and have used it for wallet loading of about 65k so far.

 

[ak93]

Cashback is gonna be like ACE
Probably not gonna be issued later

Can you DM me the places where I can use cashback over magnus? Seeing that you spend 9L with it 😅

 

[Slayer]

Can you DM me the places where I can use cashback over magnus? Seeing that you spend 9L with it 😅

I spent that much before i got magnus so yea 😅 😅

 

[ak93]

I spent that much before i got magnus so yea 😅 😅

Oh, I thought there was some hack 😅

 

[Wealth is my birth right!]

Not sure if I will even use sbi cashback card then since I have magnus and DCB for all other transactions. Will close it out before annual fees is charged.

2 lac spend fee waiver for cb card it’s most demanded don’t close

 

[Slayer]

2 lac spend fee waiver for cb card it’s most demanded don’t close

Just spend 24k in a year and you would get more cashback than yearly fees

 

[Wealth is my birth right!]

Just spend 24k in a year and you would get more cashback than yearly fees

240k rite

 

[ak93]

240k rite

5% of 24k is 1.2k, so that should cover the fee of 999+gst

 

[Wealth is my birth right!]

5% of 24k is 1.2k, so that should cover the fee of 999+gst

Genius u both👍
@Slayer

 

[Karvanna]

Just spend 24k in a year and you would get more cashback than yearly fees

which app you use for wallet reloading

 

[Slayer]

which app you use for wallet reloading

PayTM mostly
Use 3-4 PayTM accounts

 

[superuserv]

No lying but I got 1% for Bajaj wallet loading

Payzapp & Paytm gives 0 didn't tried Bajaj

 

[anjukkumar]

Is SC Ultimate still giving 5 RP per 150 on PayTM wallet loading?

 

[helloworld]

Is SC Ultimate still giving 5 RP per 150 on PayTM wallet loading?

Paytm contains 4 or 5 mccs, and one of them wallet. If you're transaction comes under wallet you'll get 5 RP, otherwise 3 RP.

 

[sourpai]

Last time I did Paytm wallet load, got 3 reward points per 150 only. I think it came under Utilities MCC. Merchant name was Paytm Noida IN

 

[GojouKun]

I have added money and this is my observation. if anybody have more info let me know

Merch Name	Rearward/150
Paytm Wallet	5
Paytm Payments	3

@PiperatGatesofDawn

 

[GojouKun]

is there a way to force merchant name paytm wallet??