Rent payment on redgiraffe using sbi cashback credit card

[sam_007]

Hey guys,
If I make rent payments on redgiraffe using my sbi cashback credit card, will I be eligible for cashback? If not then how (which application to use) to earn cashback on rent payment using sbi cashback with less/least platform fees?

Thank you!

 

[abhimarda]

Hey guys,
If I make rent payments on redgiraffe using my sbi cashback credit card, will I be eligible for cashback? If not then how (which application to use) to earn cashback on rent payment using sbi cashback with less/least platform fees?

Thank you!

No, you will not get. All these rent payment transactions are excluded by most of the cards. In fact many are charging extra for rent payment as mostly this is simply a way to transfer money from card to bank account. Most of the applications for rent payment will charge something but there will be no cashback on these transactions in SBI cashback card. On most of the credit card now it does not make sense to pay rent to earn cashback though one some of the premium cards may offer milestone points.

 

[sam_007]

No, you will not get. All these rent payment transactions are excluded by most of the cards. In fact many are charging extra for rent payment as mostly this is simply a way to transfer money from card to bank account. Most of the applications for rent payment will charge something but there will be no cashback on these transactions in SBI cashback card. On most of the credit card now it does not make sense to pay rent to earn cashback though one some of the premium cards may offer milestone points.

Thank you!!

 

[RitamModak]

From next financial year any of credit card will not give cashback on rent ...also they will add charges of 1%+ gst