Simpl Pay Later Started levying charges on credit card repayments

[sxchzy]

Simpl has started charging a convenience fee on credit card repayments.
This was the usp of this credit line which allowed customers to get additional 15 days of interest free credit and points on bill repayments

 

[sxchzy]

share

It was showing charges for me and Credit Cards linked in Phonepe were not showing up while choosing Phonepe

the ss you are getting

 

[federer.reddevil]

I cancelled the JioMart transaction and got refund will show when next time I make transaction

 

[sxchzy]

for me no charges are being levied when i do direct cc repayment

 

[Pavan]

Guys i heaed simpl doesn't do CIBIL hit or entry in CIBIL is that true ?
Getting tempt to apply

 

[sxchzy]

Guys i heaed simpl doesn't do CIBIL hit or entry in CIBIL is that true ?
Getting tempt to apply

yes
no entry in cibil

 

[lucifer]

Guys i heaed simpl doesn't do CIBIL hit or entry in CIBIL is that true ?
Getting tempt to apply

yes no cibil enquiry or cibil addition

 

[sxchzy]

but remember when repaying through cc this comes under utility so it may affect you for your milestone or points benefit according to your card
for eg you paid through simpl on zomato
and repaid simpl through cc
if your cc doesnt give utility points
then you loose out on points here

 

[Pavan]

but remember when repaying through cc this comes under utility so it may affect you for your milestone or points benefit according to your card
for eg you paid through simpl on zomato
and repaid simpl through cc
if your cc doesnt give utility points
then you loose out on points here

Got 4800 limit
Not sure if i can use any where

 

[P B R G]

My limit is 10k but I only use Simpl for 1k Fastag recharge. No other use lol.

Got 4800 limit
Not sure if i can use any where

 

[Pavan]

My limit is 10k but I only use Simpl for 1k Fastag recharge. No other use lol.

Oh ok! i assumes they give huge limits

 

[P B R G]

Oh ok! i assumes they give huge limits

Nah maximum 25k only.

 

[Pavan]

Nah maximum 25k only.

Oh that's nice then and can be used only in the apps supported right ?

 

[P B R G]

Oh that's nice then and can be used only in the apps supported right ?

Yes. Earlier there was option to transfer the limit to bank accounts using ##pay (unauthorised way) but now it's patched.

 

[Pavan]

Yes. Earlier there was option to transfer the limit to bank accounts using ##pay (unauthorised way) but now it's patched.

No probs i use citi cashback to get 5% it gives 5% on utilities

 

[sxchzy]

Got 4800 limit
Not sure if i can use any where

i have 16k been using since past 1 year mainly for electricty,gas bill which gives me extende 15 dayss of credit if aligned with my card statements

 

[AritraSaha]

What!
I always think that this kind bnpl product would be reported as pl.
Thanks for the info..😊

Is there any other like this?

 

[sxchzy]

Hi friend!

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Hope you enjoy its benefits like me. 😇

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If anyone else wants to join

 

[Pavan]

i have 16k been using since past 1 year mainly for electricty,gas bill which gives me extende 15 dayss of credit if aligned with my card statements

Woow how to play utilities here

 

[sxchzy]

What!
I always think that this kind bnpl product would be reported as pl.
Thanks for the info..😊

Is there any other like this?

No
Lazypay,mobikwik,freecharge,paytm all report to buerue

 

[Pavan]

What!
I always think that this kind bnpl product would be reported as pl.
Thanks for the info..😊

Is there any other like this?

yes only CIRF report and a seems a very good app