Best Credit/Debit Card to Use for Lalitha Jewellery Scheme (Razorpay/Billdesk) – ₹10K Monthly

[Prasanna]

Hey everyone!
I’m currently investing ₹10,000 every month in Lalitha Jewellery's savings scheme. They offer two online payment gateways:

• Razorpay (Wallets: MobiKwik, Airtel Payments Bank, Ola Money, JioMoney, Freecharge)
• Billdesk (Wallets: MobiKwik, PhonePe)
• MCC varies between 5944 (Jewelry) or 5094 (Precious Stones/Metals).

I’m trying to maximize cashback or rewards through the right credit/debit card or wallet route. Here’s what I currently have:

💳 My Cards:

1. SBI Cashback Credit Card
2. Airtel Axis Credit Card
3. HDFC IOCL Credit Card
4. ICICI Coral Credit Card
5. ICICI HPCL Credit Card
6. Kiwi Yes Bank RuPay Credit Card
7. Kotak 811 Credit Card
   
   
   
8. HDFC Millennia Debit Card
9. Kotak Super Debit Card
10. HSBC Salary Debit Card
    

Which is the best card or wallet combo to use for ₹10K/month spend to get maximum cashback?

💡Would love to hear from anyone already doing this with Lalitha or similar schemes. Any hacks, tricks, or confirmed cashback experiences? 🙏

 

[R_A_J]

Check for exclusion list of each card that you have.... jewelry category is excluded by most of the cards these days, but you may be lucky with the specific MCC code 5094.

 

[Prasanna]

5094 is also excluded ryt?

 

[ksaravanan48]

Before I use prepaid card tide/getpay card. Now, they stop accepting prepaid cards. This month, have done through Tata neu card and it gives 1.5% neu coins

 

[Prasanna]

Before I use prepaid card tide/getpay card. Now, they stop accepting prepaid cards. This month, have done through Tata neu card and it gives 1.5% neu coins

I don't have neu card☹️

 

[nnva]

• As you already have kotak 811 super debit card, you can use it which offers 5% cashback ( max 500 per month ) which suits for your case (10k per month )
• But there is also other trick - use razorpay gateway and choose ola money as payment option. Then you can use swiggy hdfc credit card at ola payment gateway. You should be able to get merchant name as 'www olacabs com' whose MCC Code is 4121 which is eligible for 5% cashback
  
  Hope this helps​

 

[xross]

I buy from SKTM Jewellery's gold scheme. ~80k per month. MCC 5944
- Indusind Pinnacle - 2.5% Return as vouchers. 1.875% Return as Cash credit.
- IDFC Select - 1.2 to 1.67%, due to the first 20k giving only 0.66%
- Tata Neu Infinity - 1.5%
- IDFC Mayura, I only got this card this month, and I am expecting to earn ~1.5% in vouchers and ~3% in travel rewards.

Previously used SBI SimplyClick 1-1.25%, Amazon ICICI 1%.
High cashback cards usually have Jewellery excluded.