Loot update (Not verified as I had not Phonepe Card) -
Purchase Flipkart gift card from Flipkart website with 2 percent off and extra 5 percent with cards like millennia, SBI cashback, phonepe cards(Check mcc and other things).
Net return - 7 percent
Other, purchase Flipkart gift card on Cred with 5 percent instant discount + 5 percent cashback in phonepe card. Mcc is likely 5947.
So any user can confirm if it eligible for 5 percent on phonepe card?
Net return - 10 percent
Please check MCC codes and eligibility on Phonepe card as it is new card. But according to users reported here, it likely to get.