Best credit card for income tax payment?

[varunm1312]

Can someone suggest any good cards for making income tax payments, already exhausted Amex plat travel..
Does sc smart gives rewards or Amazon pay or tats neu infinity?

 

[Anupama_Jha]

HDFC Biz black

 

[Wealth is my birth right!]

Can someone suggest any good cards for making income tax payments, already exhausted Amex plat travel..
Does sc smart gives rewards or Amazon pay or tats neu infinity?

AE plat trav till 4lac
Scb ultimate unlimited 2%
Icici times 2% with some cap
All time good for a spread of 12months advance tax hdfc biz black upto 56250/- per month
Sc smart lesser threshold so avoid

 

[viruss]

is HDFC RG gives rewards on IT Payment?

 

[tachniki]

is HDFC RG gives rewards on IT Payment?

N o p e

 

[iamdhamo]

AE plat trav till 4lac
Scb ultimate unlimited 2%
Icici times 2% with some cap
All time good for a spread of 12months advance tax hdfc biz black upto 56250/- per month
Sc smart lesser threshold so avoid

What abt Idfc wealth?

 

[tachniki]

What abt Idfc wealth?

IDFC wealth CC return is less than payment gateway charges. DC gives good return.

 

[viruss]

So its better to use my Times Black for IT payment

 

[Wealth is my birth right!]

So its better to use my Times Black for IT payment

Yes 2% cb

What abt Idfc wealth?

Not good try idfc dc which is in slabs

 

[CompGuru]

Does diners black spends on IT portal count towards monthly milestone spends of 80k?

 

[dexter_greycells]

Does diners black spends on IT portal count towards monthly milestone spends of 80k?

Yes. It does.

 

[goatmeetsgod]

Yes 2% cb

Hey everyone.

Quite new to the forum. Apologies if any errors.

@Wealth is my birth right!
@Wealth is my birth right!
@Vasuki
@tachniki
@big_bull

I think @big_bull can relate more to this.

I'd want to learn from veterans like you a few things here.

So first things first, here's my case:

Need to pay around 20-25 lks tax (mostly cap gains) by dec 15th this year.
Biz black - ruled out.
I have no premium cards as of now but looking to apply now to pay these taxes.
I've only started to read about cards for tax payment benefits, so apologies again if I'm missing something here.


icici is offering times black ICICI &emerald as of now & said they need more time to check for emerlad private eligibility, but anyways super premium cards aren't my primary use case. But tax payment is the main thing to me.

So, a few questions here,

1. Give me a list of cards by top priority based on benefit ratio.
(something like an order of it : biz black > Amex Plat > times black > scb > idfc wealth select debit card etc etc)


2. Can we also use cards like times prime, scb, or even biz black to pay taxes for family members too ? (I have a use case of paying a family member's taxes of another ~15 lks too)

3. There are conflicting reports on SBI cashback credit card getting reward of 5% on tax payments, can someone who paid tax with this very recently confirm if they've received any cashback ?
Also, there are YES Private Credit Card, AU Zenith+ Credit Card and YES BANK First Business Credit Card, there's barely any discussion on this in the forum, is there anything you can add on their reliability too ?


4. Is there a way to get biz black or biz power as a salaried individual ?

5. For most of the cards mentioned in #3, is it primarily the milestone benefits that reap the most ? - because I see that only they're likely offering 2-2.5% reward and from most of the earlier posts I've read that nearly 0.9-1.1% is gone for payment gateway charge. So, is there some cards that offer ~2% but no gateway charges, or is there any alternative to avoid gateway charges using some other means from these credit cards ?

Any form of guidance or healthy discussion is highly appreciated. DM's are open to reach out as well.

TIA

 

[tachniki]

So far, I have only seen three cards worth trying for tax payment. IDFC debit card, Bizblack crdit card and one of Amex. For others, rewards is either too low or it is giving reward by chance / inconsistent.

 

[Wealth is my birth right!]

Hey everyone.

Quite new to the forum. Apologies if any errors.

@Wealth is my birth right!
@Wealth is my birth right!
@Vasuki
@tachniki
@big_bull

I think @big_bull can relate more to this.

I'd want to learn from veterans like you a few things here.

So first things first, here's my case:

Need to pay around 20-25 lks tax (mostly cap gains) by dec 15th this year.
Biz black - ruled out.
I have no premium cards as of now but looking to apply now to pay these taxes.
I've only started to read about cards for tax payment benefits, so apologies again if I'm missing something here.


icici is offering times black ICICI &emerald as of now & said they need more time to check for emerlad private eligibility, but anyways super premium cards aren't my primary use case. But tax payment is the main thing to me.

So, a few questions here,

1. Give me a list of cards by top priority based on benefit ratio.
(something like an order of it : biz black > Amex Plat > times black > scb > idfc wealth select debit card etc etc)


2. Can we also use cards like times prime, scb, or even biz black to pay taxes for family members too ? (I have a use case of paying a family member's taxes of another ~15 lks too)

3. There are conflicting reports on SBI cashback credit card getting reward of 5% on tax payments, can someone who paid tax with this very recently confirm if they've received any cashback ?
Also, there are YES Private Credit Card, AU Zenith+ Credit Card and YES BANK First Business Credit Card, there's barely any discussion on this in the forum, is there anything you can add on their reliability too ?


4. Is there a way to get biz black or biz power as a salaried individual ?

5. For most of the cards mentioned in #3, is it primarily the milestone benefits that reap the most ? - because I see that only they're likely offering 2-2.5% reward and from most of the earlier posts I've read that nearly 0.9-1.1% is gone for payment gateway charge. So, is there some cards that offer ~2% but no gateway charges, or is there any alternative to avoid gateway charges using some other means from these credit cards ?

Any form of guidance or healthy discussion is highly appreciated. DM's are open to reach out as well.

TIA

Thanks for tagging
1. Imo with your current scenario without bblack times icici and scb ultimate better they give no cap rewards
2. Yes as long as family surnames match
3. With sbi cb we can’t predict 5% but all sbi cards spend milestone they consider govt payments
4. You have to change ur kyc to salaried that’s one way
5. Yes pg charges kill the 50% reward but no way to make it (other work around some of ur business friend have to swipe ur card and send u money then u pay from ur NetBanking but this route is tax complicated)
Thanks happy investing and spending