Annual fee waive off tips

[Asifzone]

Guys you people are pro in credit card usage.

Could you please give us some tips to wave off the annual fee? How we can cross the annual fee milestone? For example if I need to reach 1 lakh please suggest some tips and tricks which will help new credit card users.

 

[vaibhav111vaibhav111 is verified member.]

Guys you people are pro in credit card usage.

Could you please give us some tips to wave off the annual fee? How we can cross the annual fee milestone? For example if I need to reach 1 lakh please suggest some tips and tricks which will help new credit card users.

don't go in there, only spend for thing you need and you can pay on time, these manufacturing spend either through some app or using your cc to buy stuff for someone else seems easy to get a achieve milestone/annual fees but will ruin your financial discipline don't go there it not worth it. just to name a few you can do rent payments and you mentioned 1 lakhs i.e Magnus, don't transfer cc to the bank and pay fees on top of that not worth it, what else yaper app comes to mind but then no experience on that app, so can't comment.

 

[SpiesCan'tCatchMe]

My experience in this department is just over a year but as of know what i know is, you can ask customer care to waive off your annual fees for one year they have the power to do so. So don't worry and spend only what you need.

 

[SpiesCan'tCatchMe]

Before i got to know this i was thinking of this same problem and what i thought was,
- go to dmart or any shopping mall and ask other people they can transfer me the amount and I'll pay on their behalf.
- go to petrol pump and ask the guy to hand over cash and I'll swipe the card.
-or visit any friend who has a pos machine and ask him to give cash and swipe the card and give him some money for that ex: if i get 1% give him 0.5%

My experience in this department is just over a year but as of know what i know is, you can ask customer care to waive off your annual fees for one year they have the power to do so. So don't worry and spend only what you need.

 

[yolofino]

Before i got to know this i was thinking of this same problem and what i thought was,
- go to dmart or any shopping mall and ask other people they can transfer me the amount and I'll pay on their behalf.
- go to petrol pump and ask the guy to hand over cash and I'll swipe the card.
-or visit any friend who has a pos machine and ask him to give cash and swipe the card and give him some money for that ex: if i get 1% give him 0.5%

How's your experience with people at Dmart and the petrol pump attendants?

 

[SpiesCan'tCatchMe]

How's your experience with people at Dmart and the petrol pump attendants?

Those were my thoughts although I tried at dmart but where I live people don't trust strangers with their money even if i tried to explain them the whole scenario they were reluctant and all i got was rejection.
Petrol pump i saw one guy just walking into the petrol guy and asking him casually i need cash can i swipe and the person said yes

 

[yolofino]

Those were my thoughts although I tried at dmart but where I live people don't trust strangers with their money even if i tried to explain them the whole scenario they were reluctant and all i got was rejection.
Petrol pump i saw one guy just walking into the petrol guy and asking him casually i need cash can i swipe and the person said yes

Yeah, people are weird these days. Ask them to bend over and hand over their Aadhaar for 10 rupees cashback, they will happily do but ask them to turn on their wifi hotspot because your mobile data is not working, they will deny immediately.

Asking people at Dmart is a waste of time, petrol pump is easier because they are loaded with cash everyday.

 

[SpiesCan'tCatchMe]

Yeah, people are weird these days. Ask them to bend over and hand over their Aadhaar for 10 rupees cashback, they will happily do but ask them to turn on their wifi hotspot because your mobile data is not working, they will deny immediately.

Asking people at Dmart is a waste of time, petrol pump is easier because they are loaded with cash everyday.

But don't forget on cc transactions at fuel stations we have to bear GST over surcharge

 

[yolofino]

But don't forget on cc transactions at fuel stations we have to bear GST over surcharge

yes, thanks for the reminder. I had forgotten that.

How much is the surcharge? 1% or more.

Some CCs allows surcharge reversal on transactions between a range.

 

[SpiesCan'tCatchMe]

yes, thanks for the reminder. I had forgotten that.

How much is the surcharge? 1% or more.

Some CCs allows surcharge reversal on transactions between a range.

Usually 1% surcharge and on that gst part is applicable, surcharge waiver is given but gst you have to pay no matter what

 

[yolofino]

Usually 1% surcharge and on that gst part is applicable, surcharge waiver is given but gst you have to pay no matter what

Hmm. I think only OneCard takes no extra charge for fuel loading. It returns every paisa extra. But then the reward rate is poor + it's already LTF so no use.

 

[TheMentalist]

Guys you people are pro in credit card usage.

Could you please give us some tips to wave off the annual fee? How we can cross the annual fee milestone? For example if I need to reach 1 lakh please suggest some tips and tricks which will help new credit card users.

This can help

Bharat Nxt

we can transfer credit card amount to bank using bharat nxt at only 1.2% charge. use my referral below to get Rs 250 which can be used to transfer Rs 22000 at free of cost. Referral code - YJ693ME Hello! link : https://invite.bharatnxt.in/YJ693ME

www.technofino.in

Or you can check various Amazon threads on this forum

 

[Gau₹av]

Well for my SimplyCLICK which is ₹500+GST=₹590 (starting coming Jan, FYF due to Amazon gift voucher), I didn't spend 1 lakh definitely to get a waiver but I did spend ₹40K in a year which earned enough reward points to get me ₹500 Amazon gift voucher (you can redeem it via SBI cards website or app). For the remaining ₹90, there was a "Pay bills worth ₹5000 total with SBI card across 3 months" offer recently which will give flat ₹250 cashback in December (I know meh, very less savings). But during Diwali, I got ₹3000 off on two big purchases on the SBI card. I keep the SBI card mainly for big festival offers, otherwise it's useless and SimplyCLICK is getting more and more de-valued every year.

My other cards - ICICI APay, OneCard, RBL BankBazaar SaveMax, BOB Select, IDFC First WOW (Secured) are LTF. I am a CC newbie - just got started this year in Jan 2022.