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Any way to get cashback/rewards for UPI transactions to a person(non merchant account)

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ragz

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Hi Everyone,

So I pay all helpers through UPI which is around 15K a month and also make SIP payments of around 50K+ every month through UPI again. I was looking for help from all of you to understand if there is a way to get some reward or cashback on these UPI transactions? Now a days anyways Gpay or other UPI apps aren;t giving worthy cashback.

I am also eligible for Axis magnus card but not taking it as majority of my expenses are still paid through UPI only.

Any help in optimising these spends to earn rewards/cashback will be highly appreciated 🙂
 
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D₹V said:
Kiwi App is rewarding for now I guess.

Getting 2,4,8 etc kiwi randomly.

But from past few days, I didn't get a single kiwi.
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Doesn't kiwi credit card allow you to make payments only to Merchant QRs and not to individual QR code? Also kiwi reward rate isn't that great at 1% (2% is just for first 6 months) with upper limit of 1% of your credit limit.
 
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ragz said:
Doesn't kiwi credit card allow you to make payments only to Merchant QRs and not to individual QR code? Also kiwi reward rate isn't that great at 1% (2% is just for first 6 months) with upper limit of 1% of your credit limit.
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I'm talking about P2P UPI only dude.

You asked the same thing na?
 
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Nobody will give rewards on p2p as for banks it is a cash burning activity as 0 mdr is levied.
The reward concept on ccs exists because of mdr.
ragz said:
Hi Everyone,

So I pay all helpers through UPI which is around 15K a month and also make SIP payments of around 50K+ every month through UPI again. I was looking for help from all of you to understand if there is a way to get some reward or cashback on these UPI transactions? Now a days anyways Gpay or other UPI apps aren;t giving worthy cashback.

I am also eligible for Axis magnus card but not taking it as majority of my expenses are still paid through UPI only.

Any help in optimising these spends to earn rewards/cashback will be highly appreciated 🙂
Click to expand...
 
Upvote 0 Downvote
ragz said:
Hi Everyone,

So I pay all helpers through UPI which is around 15K a month and also make SIP payments of around 50K+ every month through UPI again. I was looking for help from all of you to understand if there is a way to get some reward or cashback on these UPI transactions? Now a days anyways Gpay or other UPI apps aren;t giving worthy cashback.

I am also eligible for Axis magnus card but not taking it as majority of my expenses are still paid through UPI only.

Any help in optimising these spends to earn rewards/cashback will be highly appreciated 🙂
Click to expand...
If you have a Kotak Spendz prepaid cart , they claim to give 1% cash back , only issue is that the app is very slow, one has to be keep the app ready before paying, my experience.
 
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Venkatm said:
If you have a Kotak Spendz prepaid cart , they claim to give 1% cash back , only issue is that the app is very slow, one has to be keep the app ready before paying, my experience.
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Does kotak spend card allow to load money through credit card and which category does this load come under
 
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ragz said:
Does kotak spend card allow to load money through credit card and which category does this load come under
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This is a second debit cart you get, more like a sub account, or say a wallet within the main account. you topup from the main account.
Security is that you only expose the spendz card and if lost only the topup amount might get lost.
You can set a pin. You can topup and give it to your kid and have control on transactions and also on the amount spent.
 
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Venkatm said:
This is a second debit cart you get, more like a sub account, or say a wallet within the main account. you topup from the main account.
Security is that you only expose the spendz card and if lost only the topup amount might get lost.
You can set a pin. You can topup and give it to your kid and have control on transactions and also on the amount spent.
Click to expand...
Iam kotak 811 holder how an I get this kotak spend prepaid card
 
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