SBI Cashback Credit Card – 5% Cashback on Tax Payments!

[ccdc]

Are you suggesting that using phonepe UPI way, one can pay tax on Income tax portal?

wallet upi is not allowed

 

[panu24]

wallet upi is not allowed

Thanks. Then I don't understand logic of @s73uresh about maximize.money GC purchase in his post.....

 

[desiviru]

No one can beat HDFC Biz cards. Using BizPower for advance tax payments. 46875 every statement.

6.67% return. Have used SBI cashback and yes it is givng but who knows SBI takes it back in future and we know SBI can go to what extent.

 

[6ix9ine]

No one can beat HDFC Biz cards. Using BizPower for advance tax payments. 46875 every statement.

6.67% return. Have used SBI cashback and yes it is givng but who knows SBI takes it back in future and we know SBI can go to what extent.

Very true, 2 saal baad file open hogi phir deductions honge dabake back date mai 🤣

 

[desiviru]

Very true, 2 saal baad file open hogi phir deductions honge dabake back date mai 🤣

That's why did only one test txn of Rs.1000 and only 50+8.496 at stake.

If tax payment is the need then going with HDFC Biz cards even lowest level is good.

 

[NikhilG]

Don't pay via sbi cashback, they will for sure reverse all government txns later.

 

[s73uresh]

Thanks. Then I don't understand logic of @s73uresh about maximize.money GC purchase in his post.....

maximize.money is a web url where one can purchase gift voucher from many merchants. As mentioned in my earlier post, for phonepe UPI we hardly get benefit, but whenadd the phonepe voucher(purchased from max money portal) we get 3% (5%sbi cb minus 2% convenience charges)on UPI transactions. When we buy AGV, we get 2% in this portal and use it for credit card bill payments where we usually dont get any cb, except we pay using autopay linked to HDFC easypay platinum card or pay using Fi UPI to get 2% cb in the form of Reward points(we can convert this RPs to AGV and again use it for cc bill payments). So in net we get 3% on phonepe UPI payments, 3% on cc bill payments