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Utility Bill payment interface with Shopping/retail spends MCC

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sidzzzzz said:
So paying bills with credit card is wrong than? If yes than why hasn't RBI restricted the same, if in RBI's eyes credit on prepaid card (slice etc.) Was wrong they restricted it
The day RBI mandates that one cannot pay bills with credit card I will stop doing it, strictly adhereing to the laws
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First of all, it's then not than. Secondly, what does RBI have to do with this? Bank can give you 100% cashback also if they want to. Lastly, there's a reason why many cards are restricting rewards on utility (SBI CB, Magnus etc), rent pay(almost all) and so on. And that's because people think their business expense worth lacs are same as everybody else's personal expense of a few thousands.
 
WandereR said:
First of all, it's then not than. Secondly, what does RBI have to do with this? Bank can give you 100% cashback also if they want to. Lastly, there's a reason why many cards are restricting rewards on utility (SBI CB, Magnus etc), rent pay(almost all) and so on. And that's because people think their business expense worth lacs are same as everybody else's personal expense of a few thousands.
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Banks are restricting because of money rotators because people with genuine spends are very less, I bet banks wouldn't have devalued so much if rotators weren't there
 
WandereR said:
First of all, it's then not than. Secondly, what does RBI have to do with this? Bank can give you 100% cashback also if they want to. Lastly, there's a reason why many cards are restricting rewards on utility (SBI CB, Magnus etc), rent pay(almost all) and so on. And that's because people think their business expense worth lacs are same as everybody else's personal expense of a few thousands.
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Are Magnus aur SBI ka bandh hone main inka yogdan hai bahut bada 🤣
 
imdjay said:
aur chaha.. wo sab choro.. aapki jo bakchodia thi wo kya sahi thi?
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671
 
4uziaul said:
Are Magnus aur SBI ka bandh hone main inka yogdan hai bahut bada 🤣
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Again it was because of rotators, very less people have genuine spend in lacs, there are some youtubers spoiling the whole system, they have subscribers in thousands, because of those rotators, the people who have real bills to be paid suffer
 
sidzzzzz said:
Hindi- kripaya jo uplabdh hai wo prapt kar lijiye
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Shriman, it had been brought to you notice earlier that transacting for commercial purposes using a personal card is frowned upon and prohibited by banks. You are trying to find some exploit or trying to learn about some card which can help you gain rewards for your commercial spends.

So, the other member saying with candor that 'Lapet lo' is simply to be taken lightly ( translation attached for reference). As such if you see the meaning, it means 'to wrap up or collect', i.e., make hay while the sun shines.

It is wrong of you to assume that you are older or more experienced in this forum here especially when you don't know the true age of every member. Here everyone irrespective of their age / experience / economic status put in their best efforts to educate / help each other.

Furthermore, a person from the land of Maharana Pratap would never take a dig at the soldiers of the country. If you disagree with some comments you could choose to ignore them which would have been seen as a sign of maturity instead you have choosen to inflame the matter even further.

Let's put this matter to rest instead of digging the hole to lower extents.
 

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