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

SCB Ult, IDFC wealth, amex mrcc (1500x4)

 

[Maitri Maniya]

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

icici apay gives 1% cb on gov? if NPS paid using cc: 0.75%+ 18% will be charged. then what's the benefit of paying using amazon pay cc?

 

[amitvicky]

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

Standard chartered smart credit card.
It will give you 2% CB on all online spends upto 1000/- i.e. online payments upto 50K per month

So, after offsetting charges of 0.9%, you will save 1.1% as net cashback.

Do this in 2 transactions to make the most of it as if you pay 50k in one transaction then charges will be on top of it butmax CB would be 1000 only.

 

[Maitri Maniya]

Standard chartered smart credit card.
It will give you 2% CB on all online spends upto 1000/- i.e. online payments upto 50K per month

So, after offsetting charges of 0.9%, you will save 1.1% as net cashback.

Do this in 2 transactions to make the most of it as if you pay 50k in one transaction then charges will be on top of it butmax CB would be 1000 only.

it will be redeemable against statement?

 

[amitvicky]

it will be redeemable against statement?

I am still accumulating my points .. but yes.

 

[Sujeet]

What about tata neu infinity do we get 1.5% neu coins while doing the payment?