What are the ways you have to pay your credit card bill, when you don't have money?

[nandhakumarn]

1. buy gold from online ,sell it offline (Ajio and myntra ) No loss.
2. Get help of your friend working in petrol punk or any other shop to swipe use machine.(No loss)
3. use your rupay card and open merchant account in Paytm, phonepe and etc( in your family member name ) No loss only 350 for machine.
4. pay your rent using credit card ( 2% loss)
5. 3 party bank transfer from card (2.5% loss)
6. card to card payment(3% loss)

suggest me any other ways?

 

[BhaiyaJi]

buy gold from online ,sell it offline (Ajio and myntra ) No loss.

Expect 8-10% loss

 

[cardy]

Expect 8-10% loss

Yes, exactly. there is big price difference even when you buy and sell in same platforms , keep aside online offline, besides there are gst beast.

 

[nandhakumarn]

Expect 8-10% loss

no sir iam doing . if you wait for right time in gold no loss. i have done

 

[nandhakumarn]

Yes, exactly. there is big price difference even when you buy and sell in same platforms , keep aside online offline, besides there are gst beast.

i bought in ajo, myntra, bhimagold.com i have never ever faced loss!!!.. we should follow the price and resell it offline to same seller!!

 

[cardy]

resell it offline to same seller!!

Maybe possible in mega cities.

 

[Prasanna]

1. buy gold from online ,sell it offline (Ajio and myntra ) No loss.
2. Get help of your friend working in petrol punk or any other shop to swipe use machine.(No loss)
3. use your rupay card and open merchant account in Paytm, phonepe and etc( in your family member name ) No loss only 350 for machine.
4. pay your rent using credit card ( 2% loss)
5. 3 party bank transfer from card (2.5% loss)
6. card to card payment(3% loss)

suggest me any other ways?

To open merchant account, what are documents needed?

 

[Lobogris]

i bought in ajo, myntra, bhimagold.com i have never ever faced loss!!!.. we should follow the price and resell it offline to same seller!!

You waited a while for the gold price to go up. That's different. It can go down as well. Otherwise, there is definitely a 8 to 10% minimum loss plus the hassle and IT issues.

 

[Lobogris]

1. buy gold from online ,sell it offline (Ajio and myntra ) No loss.
2. Get help of your friend working in petrol punk or any other shop to swipe use machine.(No loss)
3. use your rupay card and open merchant account in Paytm, phonepe and etc( in your family member name ) No loss only 350 for machine.
4. pay your rent using credit card ( 2% loss)
5. 3 party bank transfer from card (2.5% loss)
6. card to card payment(3% loss)

suggest me any other ways?

No shop or pump will do it for free. Punps also mean a surcharge for any decent amount.

 

[sunit123]

1. buy gold from online ,sell it offline (Ajio and myntra ) No loss.
2. Get help of your friend working in petrol punk or any other shop to swipe use machine.(No loss)
3. use your rupay card and open merchant account in Paytm, phonepe and etc( in your family member name ) No loss only 350 for machine.
4. pay your rent using credit card ( 2% loss)
5. 3 party bank transfer from card (2.5% loss)
6. card to card payment(3% loss)

suggest me any other ways?

1. If i can buy gold then it means i have money and i can directly pay CC bill
2. It will be counted as sales of petrol pump and he has to pay tax
3. It will be counted as your sales & pay tax/gst...You have to show it in your income.

 

[BhaiyaJi]

1. If i can buy gold then it means i have money and i can directly pay CC bill

He meant buying through credit card

 

[nandhakumarn]

To open merchant account, what are documents needed?

I had a phonepay agent number . Nothing is required

 

[nandhakumarn]

1. If i can buy gold then it means i have money and i can directly pay CC bill
2. It will be counted as sales of petrol pump and he has to pay tax
3. It will be counted as your sales & pay tax/gst...You have to show it in your income.

Ur absolutely right.
1.U can buy gold through credit card.
2.Petrol punk will not pay tax untill 14cr of transaction. Credit cards 1% collected from customer itself.
3 Upto 12 lakhs of income no need to worry
4. Make use of family members card also . Don't bother about income