Which card to use for Advance Tax Payment

[GBajaj]

I use Cred, Cheq, PayTM for paying CC bills by DC. You can try and let us know if it is rewarding.

BTW, IDFC wealth DC reward rate is not on the same lines with IDFC wealth CC.

For IDFC wealth DC, points earned are per 150rs.
So, for online 4x rewards upto 50K and 10x later on. means
4x = 4*0.25*100/150 = 0.66%
10x = 10*0.25*100/150 = 1.66%

Whereas for wealth CC it would be 1.5% till 30K and 2.5% later on.

Note that I didn't pay PG charges since I used DC. PG charges apply in the tax portal for CC.

 

[HumorSimpson]

Note that I didn't pay PG charges since I used DC. PG charges apply in the tax portal for CC.

That's exactly the calculation about. I did not put any PG charges for DC.

 

[GBajaj]

That's exactly the calculation about. I did not put any PG charges for DC.

Okay. I have the wealth CC too. Will try the next time after confirming Wealth CC gives rewards for Govt MCC spends. Cheers

 

[HumorSimpson]

Okay. I have the wealth CC too. Will try the next time after confirming Wealth CC gives rewards for Govt MCC spends. Cheers

Wealth CC rewards for advance tax. I did receive 10x.

My only question was whether you can pay wealth cc bill by wealth dc via paytm/cred.

 

[Copycat]

Can you use an Amex card to pay Advance Tax? If so, how does one do it? Thanks

 

[HumorSimpson]

Can you use an Amex card to pay Advance Tax? If so, how does one do it? Thanks

Nope. ...... ..

 

[ccdc]

does idfc first select give points for tax payment?...if yes..how much..

 

[HumorSimpson]

does idfc first select give points for tax payment?...if yes..how much..

I have IDFC wealth CC and it did give. As of now, IDFC is treating online govt txns. as online and rewarding accordingly.

 

[Copycat]

does idfc first select give points for tax payment?...if yes..how much..

Yes. Same as for online transactions. 6X & then 10X. I paid AT in December using IDFC Select CC

 

[_ayush]

Will Magnus give RPs for advance tax?
Also I read Atlas wont give points but will it count towards milestone?

 

[Copycat]

Will Magnus give RPs for advance tax?
Also I read Atlas wont give points but will it count towards milestone?

Magnus - no Edge Rewards and it doesn't count for milestone
Atlas - you get Edge Miles and it counts for milestone

 

[Dragon_slayer]

Magnus - no Edge Rewards and it doesn't count for milestone
Atlas - you get Edge Miles and it counts for milestone

Same for Vistara Infinite?

 

[ashu99924]

Same for Vistara Infinite?

Which CC would be better IDFC Wealth CC or SC Smart CC? I am looking to pay 1lac advance tax before 15th march. Thanks in advance.

 

[HumorSimpson]

Which CC would be better IDFC Wealth CC or SC Smart CC? I am looking to pay 1lac advance tax before 15th march. Thanks in advance.

IDFC wealth cc. Even better is IDFC wealth dc

 

[ashu99924]

IDFC wealth cc. Even better is IDFC wealth dc

but with credit card payment, I can also get extra 1% while making bill payment using HDFC Platinum DC.. that will be more better, right?

 

[HumorSimpson]

but with credit card payment, I can also get extra 1% while making bill payment using HDFC Platinum DC.. that will be more better, right

True that... 👌

 

[rj_arora]

Do we get points for Axis Vistara signature? Can anyone confirm this? Or, has anyone tried this?

 

[Dragon_slayer]

Do we get points for Axis Vistara signature? Can anyone confirm this? Or, has anyone tried this?

Not anymore afaik.

 

[nileshgr]

I paid advance tax today via HDFC DCBM and to my surprise they did not charge any transaction fee (yet). The amount shows up in my statement as it is what I entered on IT website.

Perhaps this is because DCBM doesn't offer any reward points on "government related transactions", so no rewards either.

But it does get considered for milestone / spends in general (I have got this confirmed in writing from support).

 

[HumorSimpson]

I paid advance tax today via HDFC DCBM and to my surprise they did not charge any transaction fee (yet). The amount shows up in my statement as it is what I entered on IT website.

Perhaps this is because DCBM doesn't offer any reward points on "government related transactions", so no rewards either.

But it does get considered for milestone / spends in general (I have got this confirmed in writing from support).

The PG charges for HDFC cards on HDFC PG is 0.75%. Are you sure it wasn't charged ?