Snapay

[Deathsnatcher]

Please share your experience with this app
is it safe to make payments for 50-70k?
i made a transaction of 1k just to check and it went smooth [of course took 4 days]
but i am unable to find the transactions in the history of the app, any idea where can i look for?

 

[Harry1]

One card will also charge you additional (i faced for T+2 payment)

They consider utilities as "Transfers"?

 

[MJN]

Is making payment through snapay T+4, utility with credit card counts as:-
1. Towards spend criteria for annual spends/welcome benefits
2. 5% cashback, for credit card which offer cashback on utility payments.

Like HDFC IOCL and ICICI HPCL Super Saver which gives 5% on Utility; Can anyone confirm?

 

[Anil_Singh]

Yes sadly RBL Duet excludes Utility MCC 4900+charges, OneCard 1% as you said, IndusInd Legend gives 0.7% on utility MCC. Kotak Zen’s base reward rate is 0.8% so probably it gives that - will have to test if it gives on this MCC. IDFC on Utility will give 1X so 0.16%=useless. I was getting an offer on Snapay for many days: 0.9% for T+4 days that's why I was curious because even if it's 1% on some card, it's net 0 profit on the card itself but the card sees some use and we still get 1% for paying that CC’s bill. But no card from my portfolio has a RR high enough to go to that much trouble.

1. Its .99%+GST. So charges will be more than 1%.
2. IndusInd Legend reward points has been downgraded to 0.5% value. But during weekends, 2x reward points. So, its 1% value back during weekends. But, 2.5% charges for using twidpay.

 

[Anil_Singh]

They consider utilities as "Transfers"?

I guess, merchant name 'Snapay' is getting considered as 'cash transfer' in every app.

 

[s1t2y3a3m6]

1. Its .99%+GST. So charges will be more than 1%.
2. IndusInd Legend reward points has been downgraded to 0.5% value. But during weekends, 2x reward points. So, its 1% value back during weekends. But, 2.5% charges for using twidpay.

IndusInd rewards @ 0.5% correct but utility didn't consider for 2x reward for legend card

 

[Anil_Singh]

IndusInd rewards @ 0.5% correct but utility didn't consider for 2x reward for legend card

Didn't knew that. Then its totally waste.

 

[anonymuos]

1. Its .99%+GST. So charges will be more than 1%.
2. IndusInd Legend reward points has been downgraded to 0.5% value. But during weekends, 2x reward points. So, its 1% value back during weekends. But, 2.5% charges for using twidpay.

Yep with GST I calculated it to be 1.17%. Axis Ace was so good for this but now they stopped

 

[Anil_Singh]

Yep with GST I calculated it to be 1.17%. Axis Ace was so good for this but now they stopped

Maine to sirf 4 mahine hi use kiya Ace ko.. then it got devalued

 

[anonymuos]

Maine to sirf 4 mahine hi use kiya Ace ko.. then it got devalued

I used for 2 months! I win in bad luck. 😂 Or rather you win (in looting more)! My Zone also last year I took and immediately Axis raised Minimum order value to ₹500. 🤦🏻‍♂️