Amazon Pay News & Discussions

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HitmanFan said:
Yes.
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But what's the benefit here? You are paying ₹23.6 extra and getting a cashback of ₹20 so you are still losing ₹3.6 for the GST. Overall it's not a profitable transaction.
 
Esmail said:
But what's the benefit here? You are paying ₹23.6 extra and getting a cashback of ₹20 so you are still losing ₹3.6 for the GST. Overall it's not a profitable transaction.
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You can use it for UPI transactions or transfer to you personal bank account. Unless, it is deposited in the Gift Card balance.
 
Esmail said:
But what's the benefit here? You are paying ₹23.6 extra and getting a cashback of ₹20 so you are still losing ₹3.6 for the GST. Overall it's not a profitable transaction.
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Atleast they are giving 2% where no other cards providing not even 1%. Still you can recover remaining charges while repaying the bill (payment offers)
 
Esmail said:
But what's the benefit here? You are paying ₹23.6 extra and getting a cashback of ₹20 so you are still losing ₹3.6 for the GST. Overall it's not a profitable transaction.
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Credit rotation and the money added from cc at such cheap rate can then be transferred back to bank account. Credit card to bank transfers usually incur higher charges. Not a good practice though and using it without thinking could lead into debt trap.
 
What happened to Amazon? Jio's 209 plan is not showing.
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HitmanFan said:
Now we can load money into Amazon Pay balance via credit cards @ 2.36%.

Plus 2% cashback for Amazon Pay ICICI credit card users.
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Purchasing GiftCard from AmazonPay ICICI CC will give 2% cashback which is now showing me 3%. Maybe because, I'm not user of this card.
 
Hey guys it's being long since I able purchase any GiftCard via credit card on my AmazonPay account. Anybody, could tell me the possible reason? Last I purchased it in March.
 
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