Best Way To Credit Card To Bank Transfer Without Any Charge ?

[s1t2y3a3m6]

Yes, so many ways. Are you new to this?

 

[bhauka11]

The receiver doesn't have any POS or online payment gateway account. Is there any app or platform in which I can send money to a person in their bank account with very low platform+MDR charges? Ideally less than 2%.

Easemydeal at 1% (slow transfer)..

Receiver will receive the amount after 2 days

 

[EnthuCC]

Yes, so many ways. Are you new to this?

Yes, that's why I'm asking.
Let me know if you know any methods.

Easemydeal at 1% (slow transfer)..

Vendor payment?

 

[bhauka11]

Yes, that's why I'm asking.
Let me know if you know any methods.

Vendor payment?

Education payment> transfer to bank

 

[girish3456]

The receiver doesn't have any POS or online payment gateway account. Is there any app or platform in which I can send money to a person in their bank account with very low platform+MDR charges? Ideally less than 2%.

Use snapay mobile app & go for T+4 days which charges 1% and GST. But the money will be reflected in 4 days

 

[vaibhav111vaibhav111 is verified member.]

The receiver doesn't have any POS or online payment gateway account. Is there any app or platform in which I can send money to a person in their bank account with very low platform+MDR charges? Ideally less than 2%.

always check before posting, thread on this exist already or may i say you might find more than 1 thread so I'm merging this thread.

 

[Akinich]

Here's something that might work for you.
Get amazon icici pay credit card.
Do a full kyc on amazon pay wallet.
It enhances limit to 1 lac.
Top up the wallet from the credit card, it charges 2% + gst - 2.36% where as the card gives back 2% cash back.
You will only land up paying 0.36% per transaction or 360/ lac.

 

[ihmahetar]

Here's something that might work for you.
Get amazon icici pay credit card.
Do a full kyc on amazon pay wallet.
It enhances limit to 1 lac.
Top up the wallet from the credit card, it charges 2% + gst - 2.36% where as the card gives back 2% cash back.
You will only land up paying 0.36% per transaction or 360/ lac.

How to Do This please guide in personal message

 

[satish0987]

Here's something that might work for you.
Get amazon icici pay credit card.
Do a full kyc on amazon pay wallet.
It enhances limit to 1 lac.
Top up the wallet from the credit card, it charges 2% + gst - 2.36% where as the card gives back 2% cash back.
You will only land up paying 0.36% per transaction or 360/ lac.

What about xtra 0.36% charges
It is a loss right?

 

[shu_sha_]

What about xtra 0.36% charges
It is a loss right?

Pay it back via DC and get cashback 😉

 

[satish0987]

Pay it back via DC and get cashback 😉

Which DC bro for 1 lakh payment?
Can u tell those cards

 

[shu_sha_]

Which DC bro for 1 lakh payment?
Can u tell those cards

Which all DCs you have?

 

[Akinich]

What about xtra 0.36% charges
It is a loss right?

It's the smallest amount. How is it a loss when you're only paying 360 rupees for 1 lac with a credit period of 45-50 days.
Even corporate OD accounts get charged minimum 0.8% per month on their borrowing.
This is 0.36% for 45 days.

 

[Akinich]

Which DC bro for 1 lakh payment?
Can u tell those cards

HDFC millennia DC gives upto 400 rupees per month as cash back. Try that. Will cover your 360 rupees charges per month.

 

[Akinich]

How to Do This please guide in personal message

Sure, send me a Dm

 

[mukeshbarn8]

I want Credit card to Bank account transfer tricks for

HDFC Bank Millennia or Swiggy credit card
SBI Simply Click credit card
Axis Bank ACE credit card
IndusInd Bank Pinnacle or Legend credit card
BOB Eterna credit card

Charges 1-3% lagega bhi toh koi problem nahi hai, बस just at least 1-2% cashback mujhe mil jaye mere credit card pe.

Which all credit cards will give Cashback on SnaPay / EaseMyDeal / BharatNXT / Pice / Housing ?