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Maximize SBI Cashback: Get 3.3% on PhonePe Merchants Via UPI

muk9998

TF Premier
Maximize SBI Cashback: Get 3.3% on PhonePe Merchants Via UPI

If you have the SBI Cashback Credit Card, here’s a smart way to earn around 3.3% effective cashback on PhonePe merchant payments.

1. Visit Maximize.Money


2. Buy a PhonePe Gift Card using your SBI Cashback Credit Card
(You get 5% cashback from SBI, but there’s a 1.7% surcharge—so net cashback is approx. 3.3%)


3. Add the gift card to your PhonePe account


You can use this balance at PhonePe UPI merchants.
In my experience, most merchants accept this without any issue.
 
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Solution
Note

1
. if you pay to the same merchant 2nd or 3rd time most probably it won't successfull - "For Security Reasons Error" you money will stuck on phonepe wallet + mental harassment.

2. You cannot use this gvs to recharge - Fastag/gas booking ( only mobile recharge supported)

Although you can transfer these gv balance from - Couple Wallet / Hitch Zone apps with 2.5 - 2.6 % charges
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