Wallet loading charges using CC increased on Mobikwik (decreased again)

[Sriim]

Another devaluation

Mobikwik wallet loading charges via CC has been increased to 3.25% from 2.95%.

I loaded with 2.95% charges in July first week.

UPDATE : it's back at 2.95% on August 1

 

[Sriim]

What are the charges for credit card to bank transfer on mobikwik? Upto ₹1000 it's showing no charges and above that for ₹2000 it's showing 28₹... Will bank (credit card issuer) also dedcut any charges if I do so?

First 1000 free
2.95% after that

 

[sourpai]

What are the charges for credit card to bank transfer on mobikwik? Upto ₹1000 it's showing no charges and above that for ₹2000 it's showing 28₹... Will bank (credit card issuer) also dedcut any charges if I do so?

It is 2.95% loading charges above 1K for credit cards on mobikwik. Wallet to bank is free

 

[Adith]

What are the charges for credit card to bank transfer on mobikwik? Upto ₹1000 it's showing no charges and above that for ₹2000 it's showing 28₹... Will bank (credit card issuer) also dedcut any charges if I do so?

It's 2.9% with gst after the first 1000. If you transfer 15k in bulk, you get 50rs cashback which will bring it down to 2.5-2.6% .

Banks won't charge anything on top of this.

 

[sarcasm99]

First 1000 free
2.95% after that

So can I use different credit cards to transfer ? And can I repeat transaction using the same CC or is it monthly limit of ₹1,000

 

[Sriim]

So can I use different credit cards to transfer ? And can I repeat transaction using the same CC or is it monthly limit of ₹1,000

Monthly 1000 .

 

[taskmaster]

Does this require kyc too?

 

[Sriim]

Does this require kyc too?

Yes . .

 

[taskmaster]

Yes . .

Min KYC or full kyc?

 

[Sriim]

Min KYC or full kyc?

Pan, aadhar and selfie needed. Can skip vkyc

 

[ask19111978]

It's 2.9% with gst after the first 1000. If you transfer 15k in bulk, you get 50rs cashback which will bring it down to 2.5-2.6% .

Banks won't charge anything on top of this.

how many times in a month can we use this method for 50 cashback , and what is the monthly limit for wallet to bank transfer if we use different bank accounts ....

 

[CVR]

how many times in a month can we use this method for 50 cashback , and what is the monthly limit for wallet to bank transfer if we use different bank accounts ....

50 cashback i think only once a month.. no limit & charges on wallet to bank transfer

 

[ask19111978]

50 cashback i think only once a month.. no limit & charges on wallet to bank transfer

this month I did it 5times with 50 cashback and the sixth time it was denied , but I didn't notice it at that time later when I checked again it is saying coupon cant be used again

 

[nithinreddyy]

What are the charges for credit card to bank transfer on mobikwik? Upto ₹1000 it's showing no charges and above that for ₹2000 it's showing 28₹... Will bank (credit card issuer) also dedcut any charges if I do so?

Yes, banks also charge from their end. For example ICIC charges 1%