Best Way to pay Credit Card Bill

[kushal]

Guys I am redacting this post as I have been asked by the bank for non disclosure as mentioned in TnCs else my account would be suspended. They had asked me to remove this as this violates the TnC related to not getting reward points for CC payments.

 

[theranos]

does indusind count credit card bill payment for rewards as t and c Clearly says otherwise and Paytm clearly shows credit card bill payment in transaction description
while wallet load is also not eligible for rewards
haven't used mobikwik....any experience @kushal

 

[kushal]

does indusind count credit card bill payment for rewards as t and c Clearly says otherwise and Paytm clearly shows credit card bill payment in transaction description
while wallet load is also not eligible for rewards
haven't used mobikwik....any experience @kushal

Havent used paytm for payment as i have Mastercard variant which paytm doesnt accept, but MOBIKWIK also says Credit Card Bill Payment and still i always receive the reward points. Mobikwik i have personally tried and tested, always work. (Ignore the TnCs)

 

[theranos]

Havent used paytm for payment as i have Mastercard variant which paytm doesnt accept, but MOBIKWIK also says Credit Card Bill Payment and still i always receive the reward points. Mobikwik i have personally tried and tested, always work. (Ignore the TnCs)

I have kotak card mobikwik doesn't support while I have both master and visa would try with visaon Paytm to check
I am confused about few things kindly could you clear the doubt
the indusind exclusive signature gives cb on single transaction of 40k-112500 or any no of transactions done within a month like 40k*3 transactions .... would also get same rewards

as I have both master card and visa for a single acc on same cust ID will I get rewards for both 5he cards independently like 3000+3000 or only 3000 for both combination

 

[kushal]

I have kotak card mobikwik doesn't support while I have both master and visa would try with visaon Paytm to check
I am confused about few things kindly could you clear the doubt
the indusind exclusive signature gives cb on single transaction of 40k-112500 or any no of transactions done within a month like 40k*3 transactions .... would also get same rewards

It works for any number of transactions in the same month, not for singles, the rewards are calculated on total monthly spends not individual transactions.
I have Mastercard world Select Debit Card, Mobikwik only allows transactions upto 20,000. But you can do multiple transactions of 20,000 each or less.
I always get reward for this card

 

[theranos]

what about rewards for both cards on single acc

 

[theranos]

It works for any number of transactions in the same month, not for singles, the rewards are calculated on total monthly spends not individual transactions.
I have Mastercard world Select Debit Card, Mobikwik only allows transactions upto 20,000. But you can do multiple transactions of 20,000 each or less.
I always get reward for this card

what about rewards for both cards on single acc on same cust ID

 

[theranos]

what about rewards for both cards on single acc on same cust ID

so technically I can do say 5k *20 transactions then 12500=112500 still i would get 3000 rewards is that right

 

[kushal]

what about rewards for both cards on single acc

Bro i only have one card by Indus so dont know the capping for 2 cards. You'll have to check for urself. For one card it is 3000RP=1050Rs

 

[kushal]

so technically I can do say 5k *20 transactions then 12500=112500 still i would get 3000 rewards is that right

Exactly, thats what i do every month to get 1050 rs = 3000RP

 

[theranos]

Refer to this table for monthly spends on Indus Card (These are total monthly spends, not individual), taking into account all the incremental rewards. I have simplified in Rupees.
Spend 5k - 0.35% - Rs 17
Spend 10k - 0.43% - Rs 43
Spend 20k - 0.56% - Rs 112
Spend 30k - 0.67% - Rs 201
Spend 40k - 0.72% - Rs 288
Spend 50k - 0.78% - Rs 390
Spend 60k - 0.83% - Rs 500
Spend 80k - 0.88% - Rs 704
Spend 100k - 0.92% - Rs 920
Spend 112.5k (Max) - 0.93% - Rs 1050

thank you for your explanation it means a lot

 

[theranos]

Bro i only have one card by Indus so dont know the capping for 2 cards. You'll have to check for urself. For one card it is 3000RP=1050Rs

why haven't you taken visa card as you can have both the cards for free

 

[kushal]

why haven't you taken visa card as you can have both the cards for free

Are you sure? I thought banks only issue one debit card per account, for 2 cards wont there be any additional charges for the second if I take Select Visa Card?

 

[theranos]

Are you sure? I thought banks only issue one debit card per account, for 2 cards wont there be any additional charges for the second if I take Select Visa Card?

for exclusive acc no charges clearly said by everyone including branch customer care and social media team
but they say we don't recommend that + you need to Clearly qoute to keep both cards active while applying otherwise one card would be closed post the new card activation

 

[kushal]

for exclusive acc no charges clearly said by everyone including branch customer care and social media team
but they say we don't recommend that + you need to Clearly qoute to keep both cards active while applying otherwise one card would be closed post the new card activation

Okay, Though i have a Select account (it shows free for this one as well), Ill confirm from the branch for 2 cards. Thanks!!!

 

[theranos]

I am speaking about EXCLUSIVE acc not select acc and I have noticed that people on forum have 3 cards also without any charges on single acc
don't know exactly about select acc

 

[theranos]

Okay, Though i have a Select account (it shows free for this one as well), Ill confirm from the branch for 2 cards. Thanks!!!

just speak to customer care and raise a request while don't forget to keep both cards active
there are people with 3 active cards on same acc

 

[kushal]

just speak to customer care and raise a request while don't forget to keep both cards active
there are people with 3 active cards on same acc

Ok bro thanks

 

[FinoGuy]

Indusind tnc r not very clear. Any hidden tnc or points on all categories?

 

[kushal]

Indusind tnc r not very clear. Any hidden tnc or points on all categories?

Generally receive on all categories.