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Devaluation Amazon pay balance changes - Category based restrictions

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WHAT THE F

I am so properly F*ed! I've kept 22k as Amazon Pay balance to pay this bill below. And now I don't know what to do with it!

The ******s have with one shot rendered their own currency useless. This is not devaluation this is demonetisation!

Never trust corporates and especially with your money.

1749699255206.webp
 
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rogerthat said:
WHAT THE F

I am so properly F*ed! I've kept 22k as Amazon Pay balance to pay this bill below. And now I don't know what to do with it!

The ******s have with one shot rendered their own currency useless. This is not devaluation this is demonetisation!

Never trust corporates and especially with your money.

View attachment 100208
Click to expand...
Just now had a chat with Amazon Customer care and this is what they said. I am unable to make the payment because I don't have enough balance (only 22k) to make the full bill payment (34k).

Now the question is should I trust them and add another 15k of vouchers and try the payment? Or can we have a large-hearted person here to
volunteer? 🙂😍

Screenshot_20250612-102238.webp Screenshot_20250612-102357.webp
 
Adith said:
Finally found a comment that discussed about this, from 2023.

Post in thread 'Which card/s to use for paying large utility bill.' https://www.technofino.in/community...r-paying-large-utility-bill.13906/post-241370

Looks like this has been there for a while. I put this on my status since ive never heard of this before and when a few more people dint disagree, I moved it into a post. Was a genuine mistake. Did not know this is a long standing change. My mistake. Sorry folks.
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The 25k limit of insurance is new

You can change the title to that "Insurance premiums above 25k can't be paid using Amazonpay balance anymore"

This is a huge devaluation
 
rogerthat said:
WHAT THE F

I am so properly F*ed! I've kept 22k as Amazon Pay balance to pay this bill below. And now I don't know what to do with it!

The ******s have with one shot rendered their own currency useless. This is not devaluation this is demonetisation!

Never trust corporates and especially with your money.

View attachment 100208
Click to expand...
Just a thought, can't you change the premium payment frequency at insurers end? If that works out then that's a better alternative for future payments, if possible.
 
Though this comment has nothing to do with this thread, yet relevant for everyone who got misguided.

Do not buy life insurance where you have to pay hefty premium. Don't mix up insurance with investment. Buy life insurence purely for insurance purpose. Preferred buying term plan only. The annual premium of which for even one crore policy would be usually less than 15k. If it comes out more for 45+ age / 1CR+, then split the frequency of payment.

Even in case of health insurance also I think premium can be paid in quarterly basis, or some non-essential add on May be adjusted to reduce premium amount.

Motor insurance usually paid annually hence have a higher premium involved. I am not sure whether can we pay it quarterly or not. Otherwise, it might be an issue for some people. But you have choice of selecting add on there as well.

This view is in general. For some specific cases this rule may not apply.
------
 
2025 said:
Though this comment has nothing to do with this thread, yet relevant for everyone who got misguided.

Do not buy life insurance where you have to pay hefty premium. Don't mix up insurance with investment. Buy life insurence purely for insurance purpose. Preferred buying term plan only. The annual premium of which for even one crore policy would be usually less than 15k. If it comes out more for 45+ age / 1CR+, then split the frequency of payment.

Even in case of health insurance also I think premium can be paid in quarterly basis, or some non-essential add on May be adjusted to reduce premium amount.

Motor insurance usually paid annually hence have a higher premium involved. I am not sure whether can we pay it quarterly or not. Otherwise, it might be an issue for some people. But you have choice of selecting add on there as well.

This view is in general. For some specific cases this rule may not apply.
------
Click to expand...
What u said is perfectly true. Two different targets can never be fully achieved using same path.
 
2025 said:
Though this comment has nothing to do with this thread, yet relevant for everyone who got misguided.

Do not buy life insurance where you have to pay hefty premium. Don't mix up insurance with investment. Buy life insurence purely for insurance purpose. Preferred buying term plan only. The annual premium of which for even one crore policy would be usually less than 15k. If it comes out more for 45+ age / 1CR+, then split the frequency of payment.

Even in case of health insurance also I think premium can be paid in quarterly basis, or some non-essential add on May be adjusted to reduce premium amount.

Motor insurance usually paid annually hence have a higher premium involved. I am not sure whether can we pay it quarterly or not. Otherwise, it might be an issue for some people. But you have choice of selecting add on there as well.

This view is in general. For some specific cases this rule may not apply.
------
Click to expand...
Run away from ULIPs as far as you can
 
2025 said:
Just a thought, can't you change the premium payment frequency at insurers end? If that works out then that's a better alternative for future payments, if possible.
Click to expand...
Even though splitting the premium to either monthly or 6 monthly basis seems a solid plan, the insurer give a discount on yearly premiums compared to monthly or 6 monthly and the credit card rewards might not be worth increase in premium amount
 
rogerthat said:
Just now had a chat with Amazon Customer care and this is what they said. I am unable to make the payment because I don't have enough balance (only 22k) to make the full bill payment (34k).

Now the question is should I trust them and add another 15k of vouchers and try the payment? Or can we have a large-hearted person here to
volunteer? 🙂😍

View attachment 100214View attachment 100215
Click to expand...
Dont do that.. many users reported that their insurance payment was not allowed using Apay balance for the amount in 30K s...
 
Last edited:
surojitLaha said:
For insurance limit is 25k
For others it's 15k
Click to expand...
Sriim said:
The 25k limit of insurance is new

You can change the title to that "Insurance premiums above 25k can't be paid using Amazonpay balance anymore"

This is a huge devaluation
Click to expand...
where was this 25K limit on Insurance payments using Apay balance was documented??
did you guys find any link for this ?

We all can see the link for 15K limit for several utility payments.. but I didnt come across 25K limit for insurance.. just asking if you guys read somewhere on the official website..
 
SSV said:
where was this 25K limit on Insurance payments using Apay balance was documented??
did you guys find any link for this ?

We all can see the link for 15K limit for several utility payments.. but I didnt come across 25K limit for insurance.. just asking if you guys read somewhere on the official website..
Click to expand...
Not given anywhere in terms and conditions. But I personally tried two insurance premiums. One for 19k and another for 32k. Apay balance is an option for the 19k one, for the 32k one it's disabled with the following message Screenshot_2025-06-12-13-41-18-93_fd1e8ef594b195c55a3bba4818d0ce35.webp
 
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