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.

 

[Wealth is my birth right!]

HDFC:
Most of us know that the best way to pay Bills for the Credit Card is the HDFC Bill Pay Portal, it allows us 1% reward rate for max 750 per month.
A person has to use the HDFC Bill pay portal via Netbanking/Mobile Banking for the same.

IndusInd:
The second best way is premium Indusind Debit Cards, i.e., Select/Exclusive Debit Card, it offers upto 0.93% reward rate and could be beneficial for those who frequently exhaust the HDFC limit,
Note: Paytm does not accept the mastercard variant of these cards, so in my experience Mobikwik does and gives the reward. For Visa Variant, paytm would work.
Unlike HDFC, Indusind offers incremental rewards for Credit Card payment, the rewards you get are (Brackets for total monthly spend):

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
Here the max limit for Cashback is Rs 1050 a month as a person can get max 3000 reward points (1 RP= Rs 0.35)

Great write up
Just a small query i will reach 1k points by this month in my signature debit card this month
How u get cb credit in account?
Steps pls help and is 99+ gst applicable to redemption

 

[ashwink]

Steps pls help and is 99+ gst applicable to redemption

Use indusind bank netbanking reward redemption option no reward redemption charges applicable and get direct cash into your account.

 

[Wealth is my birth right!]

Use indusind bank netbanking reward redemption option no reward redemption charges applicable and get direct cash into your account.

Thanks buddy will harvest some bucks this month end

 

[hks789]

Will this be applicable for Visa Signature debit card of IndusInd Partner accounts?

 

[kushal]

Will this be applicable for Visa Signature debit card of IndusInd Partner accounts?

If its a Select/Exclusive account variant, then yes.

 

[kushal]

Great write up
Just a small query i will reach 1k points by this month in my signature debit card this month
How u get cb credit in account?
Steps pls help and is 99+ gst applicable to redemption

I was never imposed any redemption fee so i suppose not.

 

[Wealth is my birth right!]

Yes as per the grid last column both fall under same category

Indus Rewards Debit Card Program - IndusInd Bank

Read all the important terms and conditions before applying for IndusInd Bank’s Debit Card. Click here and read all about IndusRewards Program here.

www.indusind.com

Will this be applicable for Visa Signature debit card of IndusInd Partner accounts?

 

[hks789]

Yes as per the grid last column both fall under same category

Indus Rewards Debit Card Program - IndusInd Bank

Read all the important terms and conditions before applying for IndusInd Bank’s Debit Card. Click here and read all about IndusRewards Program here.

www.indusind.com

Awesome. I will test it out this month then. Will post the result next month

 

[FinoGuy]

Apart from these two, any other bank provides good reward rate on dc purchases?

 

[kushal]

Apart from these two, any other bank provides good reward rate on dc purchases?

Not that i know of, try posting this question on the community someone might know

 

[FinoGuy]

Great write up
Just a small query i will reach 1k points by this month in my signature debit card this month
How u get cb credit in account?
Steps pls help and is 99+ gst applicable to redemption

Redemption is one like hidden charge levied by banks 😔 it lowers the cashback rate

 

[kushal]

Redemption is one like hidden charge levied by banks 😔 it lowers the cashback rate

No redemption fee for HDFC and Indus bro, and this is bonus cashback that you would be earning on top of your actual credit card cashback just by paying the bill.

 

[Wealth is my birth right!]

Apart from these two, any other bank provides good reward rate on dc purchases?

Some card in kotak I heard of pvr I think but no relationship with kotak for me so no idea

 

[sv004]

Hi can we pay other bank credit card bills and earn cashback via hdfc portal. If yes then please guide me how

 

[kushal]

Hi can we pay other bank credit card bills and earn cashback via hdfc portal. If yes then please guide me how

Bro first of all you must have a platinum debit card, second go to mobile app/ netbanking, then got to bill payments, then add biller, credit card bill, here you will have to choose which bank credit card you have then proceed. Then you can add the amount and pay, make sure you pay with the debit card and not the account directly (You'll get this option to choose). For initial activation of a biller addition, it requires 3-5 days, after that you can pay bill. Try paying just rs 100 for the first activation.

 

[hks789]

Hi can we pay other bank credit card bills and earn cashback via hdfc portal. If yes then please guide me how

Login to net banking
Go to bills, click continue
Will navigate to a new page - HDFC Billpay
Add biller and enjoy

Mobile app> Side menu > Pay > Bill pay

Cards -
HDFC Platinum - Max 750rs per month

I recommend net banking as it has more card options.
Bob is present in net banking but not in the mobile app.

FYI - For some cards like bob, the payment won't go through all the time. If it is failing continuously, try later time it will work

 

[hks789]

Bro first of all you must have a platinum debit card, second go to mobile app/ netbanking, then got to bill payments, then add biller, credit card bill, here you will have to choose which bank credit card you have then proceed. Then you can add the amount and pay, make sure you pay with the debit card and not the account directly (You'll get this option to choose). For initial activation of a biller addition, it requires 3-5 days, after that you can pay bill. Try paying just rs 100 for the first activation.

You don't necessarily need to wait for activation. Even though the first payment will fail, the subsequent one will go through.
Tried and tested last week, and got the max points as well

 

[sv004]

Login to net banking
Go to bills, click continue
Will navigate to a new page - HDFC Billpay
Add biller and enjoy

Mobile app> Side menu > Pay > Bill pay

I recommend net banking as it has more card options.
Bob is present in net banking but not in the mobile app.

FYI - For some cards like bob, the payment won't go through all the time. If it is failing continuously, try later time it will work

Thanks i just added my sbi card but i put smart pay off. As i cdnt understand . I wl get cashback right

 

[Wealth is my birth right!]

Thanks i just added my sbi card but i put smart pay off. As i cdnt understand . I wl get cashback right

For credit cards auto pay or smart pay won’t work

 

[kushal]

Thanks i just added my sbi card but i put smart pay off. As i cdnt understand . I wl get cashback right

Yes, you will get CB, smartpay is anyways disabled for Credit card