Swiggy to Paytm wallet load by credit card. 4.35% charges.

[NikTravelEnthusiast]

Today I was randomly checking old trick shared here.

Swiggy to Paytm wallet load Via credit cards.Previously it was free. Then swiggy patched the method.

Now they have restarted the process. But now they are icurring 4.35 % Charges.
And for Amex card it's 4.65 %.

Cant check other platforms such as Zomato, uber etc as I don't have accounts.

Kindly share your views.

 

[src223]

Uber and Zomato have started charging transaction fee now. Any other way around

Can confirm. Surcharge is now present in both Uber and Zomato.

 

[nigameash]

Yep, unable to load via either Uber or Zomato without incurring a transaction charge.

 

[Walter White]

Yep, unable to load via either Uber or Zomato without incurring a transaction charge.

Everything is patched now.

 

[sourpai]

The only thing that is left now is to use the Cashback offers on Paytm app only..

Currently I am getting 1.5% Cashback offer via loading through credit cards. It is still a loss of 0.86%

 

[Walter White]

The only thing that is left now is to use the Cashback offers on Paytm app only..

Currently I am getting 1.5% Cashback offer via loading through credit cards. It is still a loss of 0.86%

Mobile wallets are useless now. Rupay CC on UPI has replaced it well. Even a roadside tea stall can be paid via CC thanks to UPI.

 

[sourpai]

Yes most wallets are useless. But Paytm has been quite useful to me.

Use of MRCC for free wallet loads. Paytm fastag use, and for Fuel refill use. Pump near my area accepts Paytm wallet balance.

Lot of merchants in my area also have Paytm QR codes. Reward rate on this is almost >5-6% if Amex cards are used for loads

 

[Deleted member 11974]

Mobile wallets are useless now. Rupay CC on UPI has replaced it well. Even a roadside tea stall can be paid via CC thanks to UPI.

only if he has a merchant qr

 

[SSV]

The only thing that is left now is to use the Cashback offers on Paytm app only..

Currently I am getting 1.5% Cashback offer via loading through credit cards. It is still a loss of 0.86%

You can do this at almost zero cost( or @ tiny profit in some cases)
This is how it is done:

Paytm wallet load charge: 2.35% to 3.3%

Paytm gives Back - 1.5% to 2% (sometimes)
Load with Amazon Pay CC - 1% CB
Pay CC with HDFC Platinum DC -1% CB

 

[sourpai]

You can do this at almost zero cost( or @ tiny profit in some cases)
This is how it is done:

Paytm wallet load charge: 2.35% to 3.3%

Paytm gives Back - 1.5% to 2% (sometimes)
Load with Amazon Pay CC - 1% CB
Pay CC with HDFC Platinum DC -1% CB

All this I was already doing 🙂

Load with Amex - 5-6% reward rate. Used to load 3 Paytm wallets using add on cards
Paytm wallet charge: 0%
Pay CC bill with HDFC platinum - Doing for all other cards already and exhausting full quota of 75K

I have been a heavy Paytm wallet user, simply because it works at almost all the places in my locality. Never transferred money to the bank. I avoid UPI as much as possible, although I have Tata New infinity as well, as every other CC instrument I have gives reward rate >1.5%

Things are not that bad I guess... It will incur me additional 0.86-1% charge as explained in earlier post as Paytm is giving 1.5% offer on CC loads

 

[NikTravelEnthusiast]

All this I was already doing 🙂

Load with Amex - 5-6% reward rate. Used to load 3 Paytm wallets using add on cards
Paytm wallet charge: 0%
Pay CC bill with HDFC platinum - Doing for all other cards already and exhausting full quota of 75K

I have been a heavy Paytm wallet user, simply because it works at almost of the places in my locality. Never transferred money to the bank. I avoid UPI as much as possible, although I have Tata New infinity as well, as every other CC instrument I have gives reward rate >1.5%

Things are not that bad I guess... It will incur me additional 0.86-1% charge as explained in earlier post as Paytm is giving 1.5% offer on CC loads

Paytm wallet loading chareges is not 0% for my Amex plat Travel card.
How you are getting 0% ? Can you eloborate?

 

[sourpai]

Paytm wallet loading chareges is not 0% for my Amex plat Travel card.
How you are getting 0% ? Can you eloborate?

It used work till now via Uber upto 4K/ month for each Paytm wallet. But I guess it does not work for those who transferred money to the bank from wallet

 

[NikTravelEnthusiast]

It used work till now via Uber upto 4K/ month for each Paytm wallet. But I guess it does not work for those who transferred money to the bank from wallet

You were pointing towrds indirect wallet loads. Ok,understood.

 

[sankar7000]

You can do this at almost zero cost( or @ tiny profit in some cases)
This is how it is done:

Paytm wallet load charge: 2.35% to 3.3%

Paytm gives Back - 1.5% to 2% (sometimes)
Load with Amazon Pay CC - 1% CB
Pay CC with HDFC Platinum DC -1% CB

paytm giving back is through paytm fuel wallet and only 3 days to use the fuel wallet. Please confirm

 

[SSV]

paytm giving back is through paytm fuel wallet and only 3 days to use the fuel wallet. Please confirm

Yes, it is fuel wallet.

You have to scratch the CB card in 3 days to claim the CB, not fuel wallet consumption.
I suppose the fuel wallet cb also valid for one year.

I have recently used 2k in a petrol station, where they have paytm swipe machine.
Actually I paid 5k at one go. It took 2k from fuel wallet and 3k from normal wallet.
My fuel wallet is zero now.

 

[sankar7000]

Yes, it is fuel wallet.

You have to scratch the CB card in 3 days to claim the CB, not fuel wallet consumption.
I suppose the fuel wallet cb also valid for one year.

I have recently used 2k in a petrol station, where they have paytm swipe machine.
Actually I paid 5k at one go. It took 2k from fuel wallet and 3k from normal wallet.
My fuel wallet is zero now.

Please confirm if the calculation to load through AMEX MRCC is correct:

total amount (1500*4)= 6000
load charges (3% ) =180

amex mr points =1000 value =0.4*1000=400
1% CB through debit card for bill payment of 6180 = 61.80
net gain =461.80 less charges 180=281.80=4.68%

 

[Deleted member 11974]

Please confirm if the calculation to load through AMEX MRCC is correct:

total amount (1500*4)= 6000
load charges (3% ) =180

amex mr points =1000 value =0.4*1000=400
1% CB through debit card for bill payment of 6180 = 61.80
net gain =461.80 less charges 180=281.80=4.68%

how did you get 0.4 value for mr points isnt is 0.25?

 

[_na_cheese]

All this I was already doing 🙂

Load with Amex - 5-6% reward rate. Used to load 3 Paytm wallets using add on cards
Paytm wallet charge: 0%
Pay CC bill with HDFC platinum - Doing for all other cards already and exhausting full quota of 75K

I have been a heavy Paytm wallet user, simply because it works at almost all the places in my locality. Never transferred money to the bank. I avoid UPI as much as possible, although I have Tata New infinity as well, as every other CC instrument I have gives reward rate >1.5%

Things are not that bad I guess... It will incur me additional 0.86-1% charge as explained in earlier post as Paytm is giving 1.5% offer on CC loads

the HDFC platinum debit card rewards can be redeemed in cash or vouchers only?

 

[sankar7000]

how did you get 0.4 value for mr points isnt is 0.25?

it is a conservative estimate if you go through 24k carat gold collection.

 

[sankar7000]

the HDFC platinum debit card rewards can be redeemed in cash or vouchers only?

yes account statement credit directly!

 

[Deleted member 11974]

it is a conservative estimate if you go through 24k carat gold collection.

AFAIK cash redemption value is 0.25