HDFC Credit Cards Using HDFC Neu Rupay card for NPS Tier 2 payments

[varkey]

Was looking for ways to make payments to NPS Tier 2 account which gives the max returns. As we know direct credit card payments were disabled last year, so I thought will give UPI a try with my HDFC Rupay credit card.

I first tried to pay to the NPS UPI ID (using the virtual account ie PFrda.600102xxxxx5678@axisbank), but the credit card did not show up as an option on PhonePe, and on BHIM, it failed immediately after entering the UPI PIN. So I tried the option from NSDL, and went through the flow, chose the RazorPay gateway and selected UPI. I entered the PhonePe UPI ID that is tagged to the HDFC Rupay card, and initiated the payment. Surprisingly the payment went through.

Now the question that remains is, would HDFC give the 1.5% Neu coins (Neu Infinity) for this transaction? Anybody else has tried this? Even with no rewards, I can still get 1% CB when paying off the due with HDFC Platinum DC. So still win-win. Btw no payment gateway charges from NPS side when using UPI.

 

[Deathsnatcher]

Was looking for ways to make payments to NPS Tier 2 account which gives the max returns. As we know direct credit card payments were disabled last year, so I thought will give UPI a try with my HDFC Rupay credit card.

I first tried to pay to the NPS UPI ID (using the virtual account ie PFrda.600102xxxxx5678@axisbank), but the credit card did not show up as an option on PhonePe, and on BHIM, it failed immediately after entering the UPI PIN. So I tried the option from NSDL, and went through the flow, chose the RazorPay gateway and selected UPI. I entered the PhonePe UPI ID that is tagged to the HDFC Rupay card, and initiated the payment. Surprisingly the payment went through.

Now the question that remains is, would HDFC give the 1.5% Neu coins (Neu Infinity) for this transaction? Anybody else has tried this? Even with no rewards, I can still get 1% CB when paying off the due with HDFC Platinum DC. So still win-win. Btw no payment gateway charges from NPS side when using UPI.

Yes infinity will give 1.5% on this.
got it myself also

 

[varkey]

Perfect, thanks for the confirmation @Deathsnatcher. So that makes it 2.5% after adding the 1% from HDFC DC. Not bad.

 

[Deathsnatcher]

Perfect, thanks for the confirmation @Deathsnatcher. So that makes it 2.5% after adding the 1% from HDFC DC. Not bad.

So that makes 6.5% after EDC and Tata Neu infinity lol

 

[varkey]

@Deathsnatcher Not sure I understand, could you please elaborate? 😅

 

[Deathsnatcher]

@Deathsnatcher Not sure I understand, could you please elaborate? 😅

Pay using hDFC will give 1% while with EDC debit card you will get 5% upto 1000
so tataneu 1.5% and its repayment 5% will fetch 6.5%

 

[varkey]

Interesting! Sorry bit new to these terminologies, but what is the EDC debit card?

 

[Deathsnatcher]

Interesting! Sorry bit new to these terminologies, but what is the EDC debit card?

Enterprise debit card Rbl bank !

 

[Anupamjain]

What was the amount that you paid using rupay credit card as some high value transaction don't go through it.

 

[Deathsnatcher]

What was the amount that you paid using rupay credit card as some high value transaction don't go through it.

to reap max benefit i transfer 20k and same amount via EDC to get 5% back as well.

 

[kushhh]

to reap max benefit i transfer 20k and same amount via EDC to get 5% back as well.

Can you please share thread where EDC has been discussed,

 

[varkey]

What was the amount that you paid using rupay credit card as some high value transaction don't go through it.

I tried with 5k as an initial payment.

 

[REGIUS24]

Pay using hDFC will give 1% while with EDC debit card you will get 5% upto 1000
so tataneu 1.5% and its repayment 5% will fetch 6.5%

Hi all.. i am new to this group ..found something interesting so joined..please let me know how you get 6.5%.. how do you repay to get 5% by enterprize debit card (edc)? what is the platform to repay?

 

[Deathsnatcher]

Hi all.. i am new to this group ..found something interesting so joined..please let me know how you get 6.5%.. how do you repay to get 5% by enterprize debit card (edc)? what is the platform to repay?

Oops! We ran into some problems.

www.technofino.in

 

[pravinkumar]

Last month I contributed from my tata neu rupay from payzapp. Zero neu coins received.

 

[kunalagg]

Tried using paytm. Failed for both tier1 and tier2

 

[sankar7000]

Enterprise debit card Rbl bank !

Can I have 2 accounts with RBL bank - one with signature + debit card and second with EDC?

 

[Deathsnatcher]

Can I have 2 accounts with RBL bank - one with signature + debit card and second with EDC?

Yes u can have

 

[sidmanraj]

Is it safe to invest now? I am planning to invest in NPS 2 for a long term?

 

[varkey]

I did get the points for my transaction last month. I paid from the NSDL website and used the RazorPay gateway.