Credit card for NPS payment

[akash90]

Please recomend credit card or any other payment method with max rewards for NPS payment of 50k per year

 

[Sukhdeep0729]

I think amazon ICICI credit card every transaction 1% reward point 1 reward point value 1 rupes

 

[akash90]

I think amazon ICICI credit card every transaction 1% reward point 1 reward point value 1 rupes

But NPS has platform charges for credit card payment .
0.90% of the transaction amount + GST@18%
So with amazon icici credit card, There will be effectively no cashback

 

[Sukhdeep0729]

Yes but amazon give you transaction 1% u no loss no profit

 

[akash90]

Hmm. Thats correct

 

[Sukhdeep0729]

Hmm. Thats correct

Thnx like and share my suggestion

 

[abhimarda]

But NPS has platform charges for credit card payment .
0.90% of the transaction amount + GST@18%
So with amazon icici credit card, There will be effectively no cashback

NPS charges are 0.75%+GST or 0.885% in total. After paying with Amazon Pay ICICI card you will still be left with small cashback as you get 1% cashback. Though online searches will mostly show you 0.9% charge however it is 0.75%.

 

[zacobite]

Please recomend credit card or any other payment method with max rewards for NPS payment of 50k per year

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