Best Credit card to pay income tax payment in 2024

[Jeet2]

Which is the best credit card to pay income tax of 4 to 6 lakh?

I know this is a repeated question but with constant devaluation and changes in credit cards it’s difficult to keep track.

I Don’t have any premium credit cards. I am unable to get biz black, infinia , yes reaerve/marque or any vistara card as of now.

Main objective is to pay via credit card to hit milestone and manage liquidity in my account. Won’t mind getting even zero percent net value after payment gateways charges.

I have the Following cards in family

Indus Legend
Indus eazydiner signature
Indus tiger
Indus rupay

Hdfc Regalia First
hdfc Business regalia
Hdfc Swiggy

Amazon pay Icici

Kotak league
Kotak Pvr Gold
Kotak myntra

Rbl Icon
RBL book my show Play

Bob Eterna
Bob snapdeal

Yes Ace

Idfc HP power plus
Idfc classic
Idfc Select

au Lit card
Au rupay digital card

Axis Select
Axis airtel
Axis Ace
axis neo
Axis My Zone
Axis lic visa signature

 

[arjungoyal12]

HDFC Biz Black Credit Card if you can have it. It's one of the best credit card to file ITR and get other discounts

 

[Jeet2]

HDFC Biz Black Credit Card if you can have it. It's one of the best credit card to file ITR and get other discounts

Cant get that, not eligible for that.
Need suggestions from above only.

 

[launchcraft]

sorry to ask you but how come you paying 4 lac in tax.
That's huge amount.

 

[launchcraft]

I have used Indus Legend and it gave me reward points.
You can try with the legend card.

 

[gurpalsachdeva]

I believe u can get points on using kotak credit card as well but value is very less. Pl check

 

[amitvicky]

Which is the best credit card to pay income tax of 4 to 6 lakh?

I know this is a repeated question but with constant devaluation and changes in credit cards it’s difficult to keep track.

I Don’t have any premium credit cards. I am unable to get biz black, infinia , yes reaerve/marque or any vistara card as of now.

Main objective is to pay via credit card to hit milestone and manage liquidity in my account. Won’t mind getting even zero percent net value after payment gateways charges.

I have the Following cards in family

Indus Legend
Indus eazydiner signature
Indus tiger
Indus rupay

Hdfc Regalia First
hdfc Business regalia
Hdfc Swiggy

Amazon pay Icici

Kotak league
Kotak Pvr Gold
Kotak myntra

Rbl Icon
RBL book my show Play

Bob Eterna
Bob snapdeal

Yes Ace

Idfc HP power plus
Idfc classic
Idfc Select

au Lit card
Au rupay digital card

Axis Select
Axis airtel
Axis Ace
axis neo
Axis My Zone
Axis lic visa signature

I would recommend Standard Chartered Smart credit card.

It will give 2% cashback on upto 50k spends per month.

So after offsetting CC fee of 0.9%, it will still give you around 1.1% net cashback.


You can plan to pay 50k tax per month or try to get multiple cards in the family.

The card comes with first year free and I guess 1000/- + gst from 2nd year but will be waived off / reversed on spends of 1.5L which will be covered in 3 months for you.

Start your application on the official website and leave it in between.... Someone from sales team will call you to guide on how to complete the application.

 

[TaxWiser]

sorry to ask you but how come you paying 4 lac in tax.
That's huge amount.

By earning an amount even much larger than such a huge amount

 

[launchcraft]

By earning an amount even much larger than such a huge amount

For 4 lakh tax he must be earning in crores

 

[amitvicky]

For 4 lakh tax he must be earning in crores

Around 28L income is enough to make you eligible for 4L tax.

 

[launchcraft]

Around 28L income is enough to make you eligible for 4L tax.

If you are earning 28L you must be having some expenses and various deductions.
For a person earning almost 50L, you are not forced to pay this much tax.
We all have expenses and deductions to reduce taxes.

 

[TaxWiser]

If you are earning 28L you must be having some expenses and various deductions.
For a person earning almost 50L, you are not forced to pay this much tax.
We all have expenses and deductions to reduce taxes.

 

[doctoramar]

Which is the best credit card to pay income tax of 4 to 6 lakh?

I know this is a repeated question but with constant devaluation and changes in credit cards it’s difficult to keep track.

I Don’t have any premium credit cards. I am unable to get biz black, infinia , yes reaerve/marque or any vistara card as of now.

Main objective is to pay via credit card to hit milestone and manage liquidity in my account. Won’t mind getting even zero percent net value after payment gateways charges.

I have the Following cards in family

Indus Legend
Indus eazydiner signature
Indus tiger
Indus rupay

Hdfc Regalia First
hdfc Business regalia
Hdfc Swiggy

Amazon pay Icici

Kotak league
Kotak Pvr Gold
Kotak myntra

Rbl Icon
RBL book my show Play

Bob Eterna
Bob snapdeal

Yes Ace

Idfc HP power plus
Idfc classic
Idfc Select

au Lit card
Au rupay digital card

Axis Select
Axis airtel
Axis Ace
axis neo
Axis My Zone
Axis lic visa signature

Amex platinum travel card
U can pay upto 4 lakhs tax using this card.
U will get milestone and welcome benefits upto 50000 mr points.U can convert these points to marriot bonvoy points for hotel stay, air miles or amazon pay gift card.
If ur interested will let u know more details.

 

[Jeet2]

I would recommend Standard Chartered Smart credit card.

It will give 2% cashback on upto 50k spends per month.

So after offsetting CC fee of 0.9%, it will still give you around 1.1% net cashback.


You can plan to pay 50k tax per month or try to get multiple cards in the family.

The card comes with first year free and I guess 1000/- + gst from 2nd year but will be waived off / reversed on spends of 1.5L which will be covered in 3 months for you.

Start your application on the official website and leave it in between.... Someone from sales team will call you to guide on how to complete the application.

Not eligible
Tried applying but Standard Chartered n Hsbc give only to salaried.

 

[Jeet2]

sorry to ask you but how come you paying 4 lac in tax.
That's huge amount.

20/25 lakhs income is enough for 4/5 lakhs tax as per new tax slabs
And even if we consider old tax regime with deductions tax is more.

If you are earning 28L you must be having some expenses and various deductions.
For a person earning almost 50L, you are not forced to pay this much tax.
We all have expenses and deductions to reduce taxes.

after 12/15 lakhs you get into top tax slab and almost have to pay 30/35 percent tax so

For someone with 50 lakhs income tax will be almost 35% including cess and all.
Which is 15to 20 lakhs

 

[Jeet2]

Amex platinum travel card
U can pay upto 4 lakhs tax using this card.
U will get milestone and welcome benefits upto 50000 mr points.U can convert these points to marriot bonvoy points for hotel stay, air miles or amazon pay gift card.
If ur interested will let u know more details.

Yes but i dont have that right now.
As not into miles and all yet, and with recent devaluation across all cards thought of getting cashback cards only.
Will get that soon, how much return we get with amex plat travel?
but right now need suggestions from above cards only

 

[Jeet2]

I have used Indus Legend and it gave me reward points.
You can try with the legend card.

How much did you pay and how much reward points did you get? Also how did you pay?
What is ur net gain taking Payment Gateway charges into consideration

 

[doctoramar]

Yes but i dont have that right now.
As not into miles and all yet, and with recent devaluation across all cards thought of getting cashback cards only.
Will get that soon, how much return we get with amex plat travel?
but right now need suggestions from above cards only

In ur cards business regalia can be used but it has capping.
Amex mr points best value on marriot bonvoy ranging from 0.5 to 1 re
For air miles 50 p
For amazon pay cards 30 p

 

[doctoramar]

In ur cards business regalia can be used but it has capping.
Amex mr points best value on marriot bonvoy ranging from 0.5 to 1 re
For air miles 50 p
For amazon pay cards 30 p

Amex mr points 50000 points will give 12000 worth amazon gift cards or 15000 worth Flipkart vouchers.
On completing 4 lakhs 10k taj voucher

Remember u pay 4000 as transaction fee and 4200 as card fees.So total 8200 is ur cost.

 

[launchcraft]

How much did you pay and how much reward points did you get? Also how did you pay?
What is ur net gain taking Payment Gateway charges into consideration

not much whatever you are paying as charges, you will get that much back or little less than that.