AIS & Credit Card Usage Notice

[#aniket]

It was sarcastic in sense you wrote 22yr as if u r too old & not in same age bracket 😁

I too had mentioned "Kuch Bhi?" sarcastically.😜🤣

 

[Tejo]

Fintos hardly eligible for Voter cards are dealing with credit cards.

Banks like axis, hdfc even sbi will prefer teens only that too with just cibil score

 

[techt]

Banks like axis, hdfc even sbi will prefer teens only that too with just cibil score

Catch `em young and crush them financially.
A guy getting a HDFC CC would always be running behind the carrot of junk cc -> millenia -> regalia whatever -> infinia -> infinia reserve .

 

[Vasuki]

Catch `em young and crush them financially.
A guy getting a HDFC CC would always be running behind the carrot of junk cc -> millenia -> regalia whatever -> infinia -> infinia reserve .

Hdfc catched you young but still left you with mb+ 🥸.

For 70+ % they never go beyond hdfc mb +

 

[techt]

Hdfc catched you young but still left you with mb+ 🥸.

For 70+ % they never go beyond hdfc mb +

Atleast I was not in teenage when I got my first HDFC titanium. Cards acceptance was not so good.

Indeed i was offered regalia in a year or so, but meeting its fee waiver was beyond my might. So, I completely ignored HDFC's offering and moved to better rewarding cards tuned to my spends. As I have said, even Infinia will be a white elephant to me.

 

[Vasuki]

Atleast I was not in teenage when I got my first HDFC titanium. Cards acceptance was not so good.
Indeed i was offered regalia in a year or so, but meeting its fee waiver was beyond my might. So, I completely ignored HDFC's offering and moved to better rewarding cards tuned to my spends. As I have said, even Infinia will be a white elephant to me.

Persuasion is not working.

@S S V does Infinia has golf benefits .. if yes explain.

 

[techt]

Persuasion is not working.

@S S V does Infinia has golf benefits .. if yes explain.

It has. I am giving a try for Infinia with the infamous route of sending docs to chennai. Let me see .

 

[NShah]

It has. I am giving a try for Infinia with the infamous route of sending docs to chennai. Let me see .

Good luck .....🤭

 

[sjmajumder]

And here I am worried whether I should add 40k to the amazon pay every month and than transfer it to the bank or not...... 😂

Is it possible to transfer money from APay to bank? What are the charges involved?

 

[Vasuki]

It has. I am giving a try for Infinia with the infamous route of sending docs to chennai. Let me see .

Persuasion worked 😎😎

 

[sjmajumder]

There are 2 issues here :-

(1) Merchant Account you opened :- The Daily Credits of 1L would be stated as business transaction. Merchant Account requires PAN for opening and I don't see how you would be able to justify this credit. Only Solution I can think of is showing this under 44AD and 6% of 56L i.e 336000 would be your deemed income.
(2) 56L Spend on Your Father's CC :- Your Father's Income is 8L/annum and you've already spent 7 times of this. I'm guessing this would be the only time any Spend over 10L have been done on your Father's CC. And if he is regularly filing ITR for Several Years then this one off high expenditure shouldn't make an issue.

I can't understand what were you thinking before doing such transactions for mere 1-2% Rewards??

Disagree on your second point. Since OP's father's current income in 8L, 56L would be at least his last 8-10 years income. If one spends 10 years income in one year it will definitely raise a flag. Net net OP is royally scrwd.

 

[#aniket]

Is it possible to transfer money from APay to bank? What are the charges involved?

For Full KYC users, if I remember well.

 

[techt]

For Full KYC users, if I remember well.

So load wallet with cc and then transfer?

 

[sjmajumder]

For Full KYC users, if I remember well.

I am a full KYC user, don't see any option to withdraw money to bank.

Additionally, it's been long APay has stopped allowing money load using CC. So what's the point of loading with DC/Net banking and then transferring back to bank?

 

[#aniket]

So load wallet with cc and then transfer?

Directly it's not allowed to load through CC. Better to ask Rotator.😜

 

[NShah]

I am a full KYC user, don't see any option to withdraw money to bank.

Additionally, it's been long APay has stopped allowing money load using CC. So what's the point of loading with DC/Net banking and then transferring to bank?

Use debit cards that give cashback on wallet load like hdfc Millenia Rbl sig+

 

[Tejo]

I am a full KYC user, don't see any option to withdraw money to bank.

Additionally, it's been long APay has stopped allowing money load using CC. So what's the point of loading with DC/Net banking and then transferring to bank?

400 if you hv hdfc millennia dc.

May help to waive off mmc charges for axis liberty I.e zero balance + 750₹ quaterly voucher.

Even may help with 1k voucher for rbl signC holder

 

[#aniket]

I am a full KYC user, don't see any option to withdraw money to bank.

Additionally, it's been long APay has stopped allowing money load using CC. So what's the point of loading with DC/Net banking and then transferring back to bank?

 

[Tejo]

I am a full KYC user, don't see any option to withdraw money to bank.

Type any upi id or scan .....

You can send balance from apay wallet not from gift card wallet

 

[sjmajumder]

Use debit cards that give cashback on wallet load like hdfc Millenia Rbl sig+

Ok got that...but still I am not seeing any option for bank transfer. Can you guide where it is or share screen shot?