Please suggest me best cash back credit card for UPI merchant transaction. I spent daily 1 lac -2 lacs merchant UPI payments

[anjalitiwari]

BEST CASHBACK CREDIT CARDS 2024 FOR UPI MERCHANT PAYMENTS ON DAILY BASES WITH NO TRANSACTION FEES

 

[zack54]

I am using Axis Kiwi card for upi payments which gives me cashback of 1%. You can check this card, I don't know axis bank is processing this card now or not.

Thanks

 

[launchcraft]

HDFC TATA neu Infinity credit is best for UPI transactions as it gives 1.5% cashback in form neucoins when used TATA neu app for UPI payments..

 

[kmlpreet]

How do Rupay cards work, merchants have to pay MDR charges

 

[abhimarda]

I am using Axis Kiwi card for upi payments which gives me cashback of 1%. You can check this card, I don't know axis bank is processing this card now or not.

Thanks

Now Kiwi had come up with Kiwi Neon in partnership with Yes Bank. They have started onboarding process now. Not sure if Axis is giving the Kiwi Kwik card now

 

[abhimarda]

HDFC TATA neu Infinity credit is best for UPI transactions as it gives 1.5% cashback in form neucoins when used TATA neu app for UPI payments..

Max is 500 neucoins per month...if using Tata Neu app..this will be reached at around 34.5k itself on Tata Neu Infinity...here he is saying the spend is daily upto 2 lacs...this definitely looks like commercial transaction and even if some bank gives a y personal card, they are going to block it in first few days itself.

 

[AnmolAg]

BEST CASHBACK CREDIT CARDS 2024 FOR UPI MERCHANT PAYMENTS ON DAILY BASES WITH NO TRANSACTION FEES

Tata Neo, tata neo infinity, Jupiter Edge pe 2% cashback for all online spand

 

[Deb.]

I don’t think you can get a personal card which gives rewards for 1-2 lakh of daily expenses. All cards will have some capping. I assume these are business payments?

 

[Trilochan20]

How do Rupay cards work, merchants have to pay MDR charges

Exactly, many merchants are now denying payments via rupay credit card.

 

[Trilochan20]

BEST CASHBACK CREDIT CARDS 2024 FOR UPI MERCHANT PAYMENTS ON DAILY BASES WITH NO TRANSACTION FEES

The merchant pays the transaction fees

- TATANEU HDFC RUPAY [ 1-1.5% return upto 500rs ] - use TATA Neu app for scan and pay
- EDGE CSB RUPAY CARD [ 0.4 - 2% return - 2% only in Travel, Shopping, Dining ] - Use Jupyter app
- Yes Bank Klick card [ tied with KIWI app ] [ 2% - 5% return ] - Use KIWI App
- IDFC Power credit card [ ~5.5% return on fuel and varying categories ] - use HPPay App for scan and Pay

 

[Skylar]

Daily 1Lac to 2 Lac transaction
Business transactions?

 

[anjalitiwari]

Daily 1Lac to 2 Lac transaction
Business transactions?

yes sir firewood commission agent business

 

[anjalitiwari]

I am using Axis Kiwi card for upi payments which gives me cashback of 1%. You can check this card, I don't know axis bank is processing this card now or not.

Thanks

sbi cash back credit card which gaves 5% cashback is this applicable in that type of commercial transactions???

 

[Skylar]

yes sir firewood commission agent business

Check out ‘Biz First Rupay Credit Card,’ any other cards used for daily high-amount transactions will be blocked, marking it as a personal card used for business transactions.

Please note that the payment receiver should have enabled payments through a Rupay credit card.

 

[launchcraft]

Max is 500 neucoins per month...if using Tata Neu app..this will be reached at around 34.5k itself on Tata Neu Infinity...here he is saying the spend is daily upto 2 lacs...this definitely looks like commercial transaction and even if some bank gives a y personal card, they are going to block it in first few days itself.

For business transactions, it better to go for business credit cards...otherwise personal cards will be blocked

 

[launchcraft]

yes sir firewood commission agent business

For high value transactions.....go for business credit cards