Suggest ways to make grocery payment of around 50 lakh per month

[Divas_Garg]

I make purchases online of around 50 lakh every month for my business purpose. All these purchases are made through online payment and all transactions come under GROCERY category.

Currently I am using following cards for these payments:
1. Indusind bank pinnacle credit card
2. AU Zenith
3. SBI Cashback only upto 1 lakh

Earlier I used HDFC credit cards but now they have capped reward points for grocery at 2000 points per month. I don't want to use axis cards as they might block my account. Please suggest me credit cards or other ways to make these payments to earn maximum points without any capping. @TechnoFino

Thanks in advance.

 

[helloworld]

Now, I know why these banks kept limit or exclusions in this category.

By the way, all banks can suspended your account with reason as business transactions, take care. Anyway, suffering happens those who rely on 2000 points for 60k spends.

 

[SSV]

I make purchases online of around 50 lakh every month for my business purpose. All these purchases are made through online payment and all transactions come under GROCERY category.

Currently I am using following cards for these payments:
1. Indusind bank pinnacle credit card
2. AU Zenith
3. SBI Cashback only upto 1 lakh

Earlier I used HDFC credit cards but now they have capped reward points for grocery at 2000 points per month. I don't want to use axis cards as they might block my account. Please suggest me credit cards or other ways to make these payments to earn maximum points without any capping. @TechnoFino

Thanks in advance.

1)First thing you need to use , business credit cards not personal credit cards..
2) if you use personal cards , if not now at some point your cc accounts get blocked and all the points will be forfeited all of a sudden then you lose all your accumulated rewards…
3) these days all banks have computerised systems , it’s only a matter of time your business activities will be uncovered and appropriate bank policies will be enforced on your respective accounts…

Be careful

 

[gabu]

why not try amex cards if online portal accepts it?
Also you can pay via gift card brought on hdfc cards if buying thru leading grocery store app.

 

[prc1990]

Insane thread. You are using your personal card for business purpose. Be very aware. Your business spends are very easily identifiable by the system.

 

[Rahul Gupta]

I make purchases online of around 50 lakh every month for my business purpose. All these purchases are made through online payment and all transactions come under GROCERY category.

Currently I am using following cards for these payments:
1. Indusind bank pinnacle credit card
2. AU Zenith
3. SBI Cashback only upto 1 lakh

Earlier I used HDFC credit cards but now they have capped reward points for grocery at 2000 points per month. I don't want to use axis cards as they might block my account. Please suggest me credit cards or other ways to make these payments to earn maximum points without any capping. @TechnoFino

Thanks in advance.

Go for hdfc biz black. Good reward rate and they wont ban you for business payments.

 

[Vasuki]

Go for hdfc biz black. Good reward rate and they wont ban you for business payments.

Same suggestion .
Even icici business cc

 

[sxchzy]

Amex gold charge or at charge should suffice

 

[Vasuki]

Amex gold charge or at charge should suffice

Their corporate card is equally good
50l pm
Amex would be eager to give

 

[kushhh]

Their corporate card is equally good
50l pm
Amex would be eager to give

Op should try for Centurion Card too , I read somewhere that people do business spends on this card

 

[plastikman]

Amex gold charge or at charge should suffice

Gold charge can be used for business spendscwithout inviting any wrath from Amex ?

 

[Zacobite]

I make purchases online of around 50 lakh every month for my business purpose. All these purchases are made through online payment and all transactions come under GROCERY category.

Currently I am using following cards for these payments:
1. Indusind bank pinnacle credit card
2. AU Zenith
3. SBI Cashback only upto 1 lakh

Earlier I used HDFC credit cards but now they have capped reward points for grocery at 2000 points per month. I don't want to use axis cards as they might block my account. Please suggest me credit cards or other ways to make these payments to earn maximum points without any capping. @TechnoFino

Thanks in advance.

apply for hdfc biz black card newly launched.. 3.33% returns..

 

[timva]

I used to wonder why there is a cap of 2L points on card like Infinia for normal spends. (Translates to spending 60L in a single statement cycle)
Now I know the reason.

 

[sxchzy]

Gold charge can be used for business spendscwithout inviting any wrath from Amex ?

they send two cards
one for personal one for business

 

[sxchzy]

Op should try for Centurion Card too , I read somewhere that people do business spends on this card

that has 15L joining fee plus invite only and the soft criteria for that is minimum 1 cr spends in the past year on plat charge

 

[sxchzy]

I used to wonder why there is a cap of 2L points on card like Infinia for normal spends. (Translates to spending 60L in a single statement cycle)
Now I know the reason.

never knew that infina had capping on base rewards as well

 

[plastikman]

they send two cards
one for personal one for business

Yes, I have the AC card. But I was confused since they also have a Gold business card so thought that maybe the regular Gold Charge Card can't be used for business. I guess I'll have to read the MITC again.

 

[Divas_Garg]

Now, I know why these banks kept limit or exclusions in this category.

By the way, I'm curious. For me your question seems a bit suspicious and not very credible because if you were conducting transactions like this every month (as mentioned in your post), by now, all banks might have already suspended your account. In any case, do you collectively have a 50L limit on these three cards? I'm certain that SBI wouldn't offer a large limit, AU at most 10L, and Indus at most 15L. How are you managing a 50L limit?

I am having 5 indusind bank credit cards in my name and all cards are issued against fixed deposit of 10 lakh each. Each card has limit of 9 lakh rs

 

[Divas_Garg]

why not try amex cards if online portal accepts it?
Also you can pay via gift card brought on hdfc cards if buying thru leading grocery store app.

Reward rate on amex is less. Second thing they does not accept payments through wallets

 

[bvc19296]

HDFC Biz Credit Cards
Amex Corporate cards (Subjected to Acceptability)

These are best options and will be safe.