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Free Amazon Pay to Bank Transfer

cardio_guy

TF Ace
I didn't know this and I used to pay electricity bills, gas booking, water bills and purchase some items on Amazon.
 

vaibhav111

TF Legend
TF Family
VIP Lounge
Sr Moderator
Free Amazon Pay gift voucher to Bank transfer

1. Have Amazon Pay gift balance in your account. For maximizing benefit, you can buy these through Smartbuy/Amex Rewards multiplier etc.
2. You need GoSats account for this. Under GoSats, go to add Money using Debit/Credit (max Rs.25000, zero convenience fee).
3. Freecharge PG will open. Enter an Amex card. It'll show card not accepted and will redirect to a new portal.
4. Click back, it'll show Wallet option under which you can select Amazon.
5. Now Amazon Pay balance can be used to complete the purchase. GoSats card will now be loaded with Amazon Pay with 0% charge.
6. Go to EasemyDeal and make Education payment using GoSats card. You'll be charged 1.18%, but will get 1.5% rewards in GoSats card.
7. Net we can move Amazon Pay to Bank with zero charges and enjoy rewards.
Is this real beneficial cause i have 19k amazon pay balance. I never heard of Gosats and I don't have any education payment coming up or ever I had to pay. Plus if I move money to bank then I do have pay taxes so those 19k Will be counted in income from other source so 🤷 this isn't beneficial for all I think.
 

the_dark_knight

TF Ace
Contributor
Is there separate option for bank transfer to any beneficiary account in easemydeal app or you are indirectly referring education fee payment for bank transfer only? Can this be used to pay rent via easemydeal (through gostats acc balance)

Also, as someone asked here, is this the only app where gostat card balance be used?

Does creating gostat account/purchasing prepaid card creates account in CIBIL?
 

the_dark_knight

TF Ace
Contributor
Is this real beneficial cause i have 19k amazon pay balance. I never heard of Gosats and I don't have any education payment coming up or ever I had to pay. Plus if I move money to bank then I do have pay taxes so those 19k Will be counted in income from other source so 🤷 this isn't beneficial for all I think.
are they asking pan no of beneficiary here?
 

It_is_Naruto

TF Premier
VIP Lounge
Is there separate option for bank transfer to any beneficiary account in easemydeal app or you are indirectly referring education fee payment for bank transfer only? Can this be used to pay rent via easemydeal (through gostats acc balance)

Also, as someone asked here, is this the only app where gostat card balance be used?

Does creating gostat account/purchasing prepaid card creates account in CIBIL?
Gosats is a prepaid card.. so no enquiry in cibil. For account creation, PAN is required ( may be because the card limit exceeds 10K).
Use - not sure for account transfer or easemydeal since I Don't use it. Can be used for all online purchases or offline purchases.
 

realjayt

TF Premier
Gosats is a prepaid card.. so no enquiry in cibil. For account creation, PAN is required ( may be because the card limit exceeds 10K).
Use - not sure for account transfer or easemydeal since I Don't use it. Can be used for all online purchases or offline purchases.
Credit/debit card load option isn’t visible. Only UPI/IMPS available. Trick over @NShah ?
 
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