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School fee / rent payment - best card for better rewards

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skal941

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Hi,
I need to pay school fee 41k every quarter using their own school app. Its showing two gateways:
PaytmPG
CCAvenue

Last when i paid through CCAVenue PG using Stanchart smart card, its categorized as Rent payments (not sure why) and so i was charged 1% of txn amount + GST but still got 2% cashback. Now also planning to do the same. But is there any better card from below which i hold?
Amazon pay ICICI
ICICI Coral Plat/Rupay
ICICI Rubx Master/Amex
Stanchart smart/digismart
Axis Myzone/Airtel
Amex Membership Rewards
INdusind Legend
Kotak League Plat
AU LIT
IDFC First Wealth
HDFC Tataneu Infinity
HDFC DCB Plastic
OneCard
SBI Simply CLick
 
Last edited:
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helloworld said:
Those days are over..

btw, smart gives 2% - 1.18% that gateway - 1.18% sc bank = -0.36%

you're paying extra. stop using that.

You dont have any milestone cards too to compensate this 1%

Milestone cards: https://www.technofino.in/community...ds-with-quarterly-and-annual-milestones.2491/
Click to expand...
I paid in july bro.. my actual amount was 42230 but i'm charged 42728rs.. so i paid extra 498rs.. but i received 844rs as cashback.. not sure if i'm missing anything here...

1730445219247.webp
 
skal941 said:
I paid in july bro.. my actual amount was 42230 but i'm charged 42728rs.. so i paid extra 498rs.. but i received 844rs as cashback.. not sure if i'm missing anything here...

View attachment 73733
Click to expand...

if its education, then no surcharge. but as you mentioned

skal941 said:
its categorized as Rent payments
Click to expand...

if its rent than 1.18% surcharge (check anywhere in that statement for this).

Smart card FAQs

www.sc.com www.sc.com

Check last 3 questions in above link, applicble since Apr'23.

In your case, if it didn't charged then its education category.

In that case, pick any card from below list (except axis, yes bank) it works (education mcc)

Milestone cards: https://www.technofino.in/community...ds-with-quarterly-and-annual-milestones.2491/
 
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helloworld said:
if its education, then no surcharge. but as you mentioned



if its rent than 1.18% surcharge (check anywhere in that statement for this).

Smart card FAQs

www.sc.com www.sc.com

last 3 questions, since Apr'23.

In your case, if it didn't charged then its education category.

In that case, pick any card from this list (except axis, yes bank) it works (education mcc)

Milestone cards: https://www.technofino.in/community...ds-with-quarterly-and-annual-milestones.2491/
Click to expand...
Yeah sorry brother.. seems its categorized under education ony not RENT .. i thought RENT bcoz there is extra charge levied.... now you clarified.. anyways i sent email stanchart CC to know MICC for that txn.. I have a query.. that extra charge levied by PG but not SC then is it? I received transaction SMS with 42230 only when txn was done but in stmt i see extra charge levied.. so im confused..
 
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skal941 said:
Yeah sorry brother.. seems its categorized under education ony not RENT .. i thought RENT bcoz there is extra charge levied.... now you clarified.. anyways i sent email stanchart CC to know MICC for that txn.. I have a query.. that extra charge levied by PG but not SC then is it? I received transaction SMS with 42230 only when txn was done but in stmt i see extra charge levied.. so im confused..
Click to expand...

From bank (last point in above URL):

The processing fee will be levied by 15th of the next calendar month and will have a separate narration in the monthly statement.

to understand better, whats the actual amount you "have to" pay for that school in the first place?
 
helloworld said:
From bank (last point in above URL):

The processing fee will be levied by 15th of the next calendar month and will have a separate narration in the monthly statement.

to understand better, whats the actual amount you "have to" pay for that school in the first place?
Click to expand...
July month 42230rs (42230+498(1.18%)=42728) .. this matched perfectly.. so what you said was correct..
This month i need to pay 41230rs ... Also i updated my cards list.. please have a look..
 
skal941 said:
July month 42230rs (42230+498(1.18%)=42728) .. this matched perfectly.. so what you said was correct..
This month i need to pay 41230rs ...
Click to expand...

Rule:

If its PG charges, you'll know in OTP page itself and transaction SMS.

If its Card charges, you'll know only after statement generated.
 
helloworld said:
Rule:

If its PG charges, you'll know in OTP page itself and transaction SMS.

If its Card charges, you'll know only after statement generated.
Click to expand...
Oh .. in OTP page and Transaction SMS it clearly showed 42230 only..
May be card charges then.. but why is it not seperate entry for those charges.. instead it showed single entry showing 42728.. its so confusing..
 
skal941 said:
July month 42230rs (42230+498(1.18%)=42728) .. this matched perfectly.. so what you said was correct..
This month i need to pay 41230rs ... Also i updated my cards list.. please have a look..
Click to expand...

If accepts then DCB Metal would be higher reward for you. 3.33% regular and if you spend 4L quarterly another 2.5%.
 
skal941 said:
Oh .. in OTP page and Transaction SMS it clearly showed 42230 only..
May be card charges then.. but why is it not seperate entry for those charges.. instead it showed single entry showing 42728.. its so confusing..
Click to expand...

yeah, that you need to clarify with bank. It supposed to add that transaction 15th of next month. not in same transaction.
 
Thanks you so much. Will drop email to stan chart CC and get it clarified. And one more thing, regarding DCB Metal CC, i found this in their pdf:
1730450567541.webp
So there won't be any additional charges using DCB Metal card then.. but the problem is redeeming rewards.. i was told that 3.33% rewards only if you redeem for flight tickets .. but i dont travel.. 🙁
 
skal941 said:
Thanks you so much. Will drop email to stan chart CC and get it clarified. And one more thing, regarding DCB Metal CC, i found this in their pdf:
View attachment 73737
So there won't be any additional charges using DCB Metal card then.. but the problem is redeeming rewards.. i was told that 3.33% rewards only if you redeem for flight tickets .. but i dont travel.. 🙁
Click to expand...

SmartBuy

SmartBuy is a platform that solely displays offers extended by Merchants to HDFC Bank's Customers. HDFC Bank is not responsible for selling/rendering any of the listed Products/Services. HDFC Bank does not act as an express or implied agent of the listed Merchants/owners of the following...
offers.smartbuy.hdfcbank.com offers.smartbuy.hdfcbank.com

All options available for you card found here, use 'Rewards' and 'Miles Transfer' for redemption related, 'Travel & Stays' and 'Shopping' for earning related, 'Benefits' and 'Deals' for offer related to use the card.

If miles, then its 1 RP = 1Rs. If voucher then its 1 RP = 0.5 Rs. = 1.67% which is still high compared to other cards in your wallet.

Use this card as much as possible, you'll definitely will have higher reward rate. Moreover there is Tanishq too if you want to utilize your points there. I hope you can redeem atleast on Jewlry.
 
helloworld said:

SmartBuy

SmartBuy is a platform that solely displays offers extended by Merchants to HDFC Bank's Customers. HDFC Bank is not responsible for selling/rendering any of the listed Products/Services. HDFC Bank does not act as an express or implied agent of the listed Merchants/owners of the following...
offers.smartbuy.hdfcbank.com offers.smartbuy.hdfcbank.com

All options available for you card found here, use 'Rewards' and 'Miles Transfer' for redemption related, 'Travel & Stays' and 'Shopping' for earning related, 'Benefits' and 'Deals' for offer related to use the card.

If miles, then its 1 RP = 1Rs. If voucher then its 1 RP = 0.5 Rs. = 1.67% which is still high compared to other cards in your wallet.

Use this card as much as possible, you'll definitely will have higher reward rate. Moreover there is Tanishq too if you want to utilize your points there. I hope you can redeem atleast on Jewlry.
Click to expand...
Awesome bro... you clarified many things for me.. Will use DCB CC without second thought... 🙂
 
Last edited:
helloworld said:

SmartBuy

SmartBuy is a platform that solely displays offers extended by Merchants to HDFC Bank's Customers. HDFC Bank is not responsible for selling/rendering any of the listed Products/Services. HDFC Bank does not act as an express or implied agent of the listed Merchants/owners of the following...
offers.smartbuy.hdfcbank.com offers.smartbuy.hdfcbank.com

All options available for you card found here, use 'Rewards' and 'Miles Transfer' for redemption related, 'Travel & Stays' and 'Shopping' for earning related, 'Benefits' and 'Deals' for offer related to use the card.

If miles, then its 1 RP = 1Rs. If voucher then its 1 RP = 0.5 Rs. = 1.67% which is still high compared to other cards in your wallet.

Use this card as much as possible, you'll definitely will have higher reward rate. Moreover there is Tanishq too if you want to utilize your points there. I hope you can redeem atleast on Jewlry.
Click to expand...
Oh my bad.. i realized now.. i have DCB Plastic variant.. but still i see not much of diff for my payment..
 
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