Which card to use for Advance Tax Payment

[vaibhav111]

1. Online Spend Points = ₹126,704 / ₹100 * 6, Online Spend Points = 7,602.24 points
2. Bonus Reward Points for spends above ₹30,000: Bonus Reward Points = (₹126,704 - ₹30,000) / ₹100 * 10
   Bonus Reward Points = 9,670.4 points

Total Reward Points earned = Online Spend Points + Bonus Reward Points Total Reward Points = 7,602.24 + 9,670.4 Total Reward Points ≈ 17,272.64 points

17,272.64 points * ₹0.25 per point Value of 17,272.64 reward points = ₹4,318.16

why did you multiply by 4x instead of 10x? @Pravas

 

[Pravas]

1. Online Spend Points = ₹126,704 / ₹100 * 6, Online Spend Points = 7,602.24 points
2. Bonus Reward Points for spends above ₹30,000: Bonus Reward Points = (₹126,704 - ₹30,000) / ₹100 * 10
   Bonus Reward Points = 9,670.4 points

Total Reward Points earned = Online Spend Points + Bonus Reward Points Total Reward Points = 7,602.24 + 9,670.4 Total Reward Points ≈ 17,272.64 points

17,272.64 points * ₹0.25 per point Value of 17,272.64 reward points = ₹4,318.16

why did you multiply by 4x instead of 10x? @Pravas

Because 6x was originally considered when the transaction is recorded in the app. At the time of bill generation the rest 4x is added as threshold exceeded 30K.

 

[ronnie147]

Hello experts,
Does anyone know if paying tax with SBI prime CC gives RP and count towards annual milestone of 3L for fee waiver? I couldn't find it in their MITC.

Thanks in advance!

 

[JimCarrey]

Hello experts,
Does anyone know if paying tax with SBI prime CC gives RP and count towards annual milestone of 3L for fee waiver? I couldn't find it in their MITC.

Thanks in advance!

Same Query for SBI simplyclick card?