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Get Flat 2.5% Cashback to your Paytm wallet on adding 5000 or more to your Paytm wallet Using Credit Card
Offer can be availed 5 times during the campaign validity* Maximum gratification will be 300 Cashback, credited to Paytm wallet Scratch card would be valid for 15 days
Even though it's mentioned 5 times we are getting cashback for more number of times and it seems unlimited got it for 8 times and it is still showing.
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Did pending turn into actual for anyone yet
For new cards, how much time it takes to increase load limit? 24 hours over, still can't load more than 7k. On old cards, allowing even 12k.
Have stopped using paytm from 3 years back because of their fake UPTO Cashback offer.
Howz now? are they giving good cashback on merchant payment?? Please let me know about this.
Also I have noticed, if you pay using paytm (credit card option) on IRCTC, payment always fails and money is refunded into paytm wallet and not to credit card, that's very annoying. But if we use phonepe (credit card option), transaction never fails on IRCTC and if it fails then money gets refunded to credit card. Anyone noticed it?
I left using Paytm and never used it again.
my pending cashback just disappeared strange and i just did one transcation to be sure, who to contact now?
Any one else in this category ?
Profile in top left. UPI and payment settings. Saved card. Delete.
I added 12K and got scratch card and 300 CB immediately.
As everyone is saying, this offer is valid for 5 times so can we use all 5 times on same day by activating the offer after use? Has anyone faced issue using it with same card on same day?
Update So far: on Nov 2, did 5 transactions and CB was instant for 4. For last one, got exactly after 24 hours on 3rd morning.
Today, still showing offer for 6th transaction but I'm using SBI simplyclick for this and no wallet transaction rewards. Only getting "paytm wallet" merchant ID since morning, tried almost 30 times, that's no good so stopped for today, will try tomorrow.
Total profit : very small effective CB from paytm after paying charges + 1.25% on simplyclick (by avoiding wallet merchant id)+1% from HDFC platinum DC by paying back immediately.
What is the wallet merchant ID and how to avoid it?
Edit: Saw your earlier comment. Thanks.
Do we need to activate offer manually everytime? Did 2 transaction yesterday received the cashback, after that offer is not showing. Can I add now and will I get the cashback?
I made one transaction and got the cashback. I made 2nd transaction but didn't get the cashback and then I checked the offer was not there, I activated the offer again and it was showing to make the first payment again. WTF! So basically, after the first payment, the offer got reset or something?
@KingRocks Great, so one more ID added to wallet MCC list. "paytm wallet", "one97 communications"=wallet
Paytm CC should act as it did earlier for wallet loads if anyone tried before, don't have it.
Does it give 3% if merchant name is Paytm?
I have 3% on uber wallet load with Paytm payments as merchant.
Stopped using paytm, as they are charging dynamically e.g. charges 3.35%. Cashback amount credited into fuel cashback. Instead you can use nobroker. Charges 1.1% + GST
try adding 9770 in wallet, with charges it'll become 9999.6. This worked for me and I could add 6 times.
If including charges becomes more than 10K, paytm is not allowing for newly added cards.
Does BoB select CC provide cashback for wallet load?
Update: After morning issue of "paytm wallet" only coming for me, now at night tried and did 6th payment for ID="paytm" (got after 3 tries) on simplyclick card. This time paytm CB is instant. Could activate offer for 7th try. Will see again tomorrow... @PowerStar
@Knight11 Sorry, cannot comment much about paytm CC.
For me, the offer's minimum amount is 7500. Am I the only one who feels to get back ₹10-₹11 is not worth doing transaction worth thousands from a CC? Better to get these kinds of small cashbacks (Under ₹15) by doing low value UPI transactions in Bajaj, CRED etc.
7500 from credit = 7676 due to charges to load from CC.
2.5% of 7500 is 187.5. Net profit=₹11
EDIT/UPDATE: I see the point now
After 5 times, the offer does Not work.
@some1anywhere964 What you are missing (the real game) is 1. earning CB/rewards from CC (check merchant id discussion posts) 2. Hitting milestones on spends to get fee waiver/rewards 3. paying back the CC bill to get additional 1% by ways such as HDFC platinum DC... Now, calculate the gain involved in spending thousands on CC without any effective fees (little gain too) and repaying the bill. Isn't it @Knight11 @PowerStar ?
And this is not a loophole or pseudo money-rotation by rent payment or fake stuff. Open offer by paytm to load money from CC... I don't like money rotation, but doing this as it's completely ethical.
** @Knight11 Does simply click limit get reset after bill generation or based on calendar month? I have low limit < 1L, hence asking.
Getting the error when I try to load wallet using CC: "Please try a different payment mode like UPI, net banking or a different card. Transaction limits will revise as you continue using Paytm."
What does THIS mean?
Which credit cards gives % cb on adding money anybody share list