Nps best cc for voluntary contribution

[am11]

Yes, but I think still we need to invest minimum 6k in tier 1.

Minimum contribution is 1000 i believe.

 

[askrahul]

I prefer AU LIT with 5% milestone benefit active to spend 50k spread across 5 months in an year.

Yes, I chose this option too.

The 5% cashback feature costs Rs. 299 for 3 months.

Here’s the breakdown of the effective gain:

• Month 1: Rs. 10,000 spent → Rs. 500 cashback – Rs. 88.50 NPS gateway charges
• Month 2: Rs. 10,000 spent → Rs. 500 cashback – Rs. 88.50 NPS gateway charges
• Month 3: Rs. 10,000 spent → Rs. 500 cashback – Rs. 88.50 NPS gateway charges

Total Gain = (Rs. 500 × 3) – (Rs. 88.50 × 3) – Rs. 299
Net Benefit = Rs. 935.50

Overall, it’s a pretty decent deal!

 

[Rishabh]

Yes, I chose this option too.

The 5% cashback feature costs Rs. 299 for 3 months.

Here’s the breakdown of the effective gain:

• Month 1: Rs. 10,000 spent → Rs. 500 cashback – Rs. 88.50 NPS gateway charges
• Month 2: Rs. 10,000 spent → Rs. 500 cashback – Rs. 88.50 NPS gateway charges
• Month 3: Rs. 10,000 spent → Rs. 500 cashback – Rs. 88.50 NPS gateway charges

Total Gain = (Rs. 500 × 3) – (Rs. 88.50 × 3) – Rs. 299
Net Benefit = Rs. 935.50

Overall, it’s a pretty decent deal!

There used to be a targeted feature as well: Spend 10000 for 200rs Amazon voucher on monthly basis at the cost of just 50rs.
So additional 150rs saving if availed per month.