Has anyone tried the rent option? There's an option to send money to a bank account (1.35% extra). We have to give receiver's Acc No, IFSC & PAN. I don't know what the merchant MCC will be and whether we will get any cashback ( yes, I know rent payment is excluded, but this Hitch Zone is really fishy. Anything can happen). Too afraid to try. I might get a visit from ITD, if I transfer money to my own bank account.
And can anyone explain how we are getting money out of thin air (paying Cashback CC bill by Cashback CC). 3.5% is magically appearing out of nowhere. Somebody must be taking the loss. And big corporation never give handouts. Yet to see, if SBI take back their cashback.