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Issue Resolved Stuck in a Crisis ..... What’s the Best Way to Use My Credit Cards?
- Thread starter Trump
- Start date
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- Tags
- best cards credit cards need
The highlighted issue has been resolved by the bank/financial institution.
sravanbrahma
TF Select
First option search of credit card to bank account services physical shop in your city. They charge 2%.
If you dont get any, Use mobikwik for tranfer to wallet and then to bank. I think 2.5% they charge.
My suggestion is.
If payment by cash is the only option, U can use genuine apps like Mobikwik, CRED etc.. Pay whatever the extra % for Credit Card to Bank transfer.. This is hassel free and does the job.
The main issue I have heard from petrol pumps is, If they swipe our card and give us money, whatever amount that is swiped is logically a business income for them and it is accounted. So they have to pay taxes accordingly. (Not sure how much this is true. A friend of mine who works in a petrol pump said me this on asking why don’t they help in CC to Cash swiping)
If payment by cash is the only option, U can use genuine apps like Mobikwik, CRED etc.. Pay whatever the extra % for Credit Card to Bank transfer.. This is hassel free and does the job.
The main issue I have heard from petrol pumps is, If they swipe our card and give us money, whatever amount that is swiped is logically a business income for them and it is accounted. So they have to pay taxes accordingly. (Not sure how much this is true. A friend of mine who works in a petrol pump said me this on asking why don’t they help in CC to Cash swiping)
Jo bhi rupay hai unse you can do upi to hospital.
Mostly business owners disable cc upi transaction above 2000. As mdr charges on cc upi r more Dan cc swipe.
No harm in trying if possible ryt.
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panchabhut
TF Ace
Ask the hospital if they would accept debit card without charges. Then you can think of loading via CC to different wallets (subject to limit) transfer to bank and then pay. That would normally cost less than 3%.
akiratoriyama
TF Select
How much is the mdr on upi on rupay??
I have paytm machine so know about it's charges.
For CC swipe its 1.8% +gst .
For upi cc 2% +gst
For prepaid wallet on upi 3%+ gst
Paytm usually treat upi cc as prepaid wallet so eventually charge 3%+gst.
prankster
TF Premier
Since you already hold IDFC CC, have a look at this thread, this might be useful to you.
Thread 'IDFC Wealth Credit Card Interest Rate Slashed!' https://www.technofino.in/community/threads/idfc-wealth-credit-card-interest-rate-slashed.38022/
Trump
TF Select
Hello Everyone,
Sorry for the trouble here. I am thankful for everyone's inputs in such a difficult situation for me. Therefore after multiple responses that such a charge is illegal and actually unethical. I raised this issue before secretarial@fortishealthcare.com
They reverted me back today morning that they are not aware of any such processing fee and there is no such policy. After this I Have received a call from the Fo**is location which I referred to them in the initial email and the executive was not so happy about my complaint and he totally blamed it on their staff that they are responsible for the "Misinterpretation". I definitely see it as an internal direction (not sure about any other location) to come up with arbitrary processing fees to save on MDR on such large bills, because they definitely accept credit cards normally during the blood tests. I think this is to discourage credit cards as a mode of payment. Anyways they have apologised to me and have assured me that they will accept all credit card payments.
I cannot thank enough all the members in this community because I am actually somewhat relieved if not completely yet, but even 6k-7k is a lot to me at this point. I thank all well-wishers and especially @Vasuki @TechnoFino @Rkr @BVC @vaibhav111 . Suman Da Personally reached out to me on this and offered to help me in such a difficult time. I never thought of this and actually it has made me happy that we as a community can help each other collectively.
The Loopholes I have Discovered
.
.
.
.
Please Don't abuse or try to find any loopholes regarding "CC TO BANK", I was very desperate and asked for help, yet honestly I have found nothing. A personal loan was anyday better than these LOOPHOLES.
REMEMBER THE MORE YOU ABUSE THE SYSTEM, THERE IS MORE DEVALUATION TO COME.
Also never fall in trap of any of the scammy fake apps, they'll result you in huge financial losses and leave you in trouble.
And yes lastly, if bank finds anything suspicious your card will be cancelled and at worse check this - Income Tax AIS Post - and you'll find how bad the situation can get you.
This is enough for today, thank you everyone, stay safe and please take care of your family because at the end of the day everything else, be it Infinia or Biz Black, everything is meaningless without your loved ones.
Thank You
UPDATE: Today on February 19, 2025 medical insurance claim got approved and I'll be reimbursed. All thanks to Insurance Samadhan
Sorry for the trouble here. I am thankful for everyone's inputs in such a difficult situation for me. Therefore after multiple responses that such a charge is illegal and actually unethical. I raised this issue before secretarial@fortishealthcare.com
They reverted me back today morning that they are not aware of any such processing fee and there is no such policy. After this I Have received a call from the Fo**is location which I referred to them in the initial email and the executive was not so happy about my complaint and he totally blamed it on their staff that they are responsible for the "Misinterpretation". I definitely see it as an internal direction (not sure about any other location) to come up with arbitrary processing fees to save on MDR on such large bills, because they definitely accept credit cards normally during the blood tests. I think this is to discourage credit cards as a mode of payment. Anyways they have apologised to me and have assured me that they will accept all credit card payments.
I cannot thank enough all the members in this community because I am actually somewhat relieved if not completely yet, but even 6k-7k is a lot to me at this point. I thank all well-wishers and especially @Vasuki @TechnoFino @Rkr @BVC @vaibhav111 . Suman Da Personally reached out to me on this and offered to help me in such a difficult time. I never thought of this and actually it has made me happy that we as a community can help each other collectively.
The Loopholes I have Discovered
.
.
.
.
Please Don't abuse or try to find any loopholes regarding "CC TO BANK", I was very desperate and asked for help, yet honestly I have found nothing. A personal loan was anyday better than these LOOPHOLES.
REMEMBER THE MORE YOU ABUSE THE SYSTEM, THERE IS MORE DEVALUATION TO COME.
Also never fall in trap of any of the scammy fake apps, they'll result you in huge financial losses and leave you in trouble.
And yes lastly, if bank finds anything suspicious your card will be cancelled and at worse check this - Income Tax AIS Post - and you'll find how bad the situation can get you.
This is enough for today, thank you everyone, stay safe and please take care of your family because at the end of the day everything else, be it Infinia or Biz Black, everything is meaningless without your loved ones.
Thank You
UPDATE: Today on February 19, 2025 medical insurance claim got approved and I'll be reimbursed. All thanks to Insurance Samadhan
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