Gosats Visa Prepaid card for Rewards and Snapay, Fastag use. Free CC loading, Card free for Timesprime users

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Gostats Visa Platinum Prepaid Card issued by Quik wallet.

2 Variants:


1. Intro Card:
- Rs. 399 one time fee (Free if you have Timesprime subscription)
- 0.5% Flat rewards (in Gold/Bitcoins)
- 0.2% Flat rewards on Utility Category Transactions (MCC 4900)


2. Elite Card:
- Fee Rs.999 /Year (250 cashback so 749 effectively). Also If you have Timesprime membership then 1st year fee will be 450)

-1.5% Flat rewards

- 0.5% Flat rewards on Utility Category Transactions (MCC 4900)

Reward Redemption:

BitCoin: Rewards are credited in terms of Sats and are redeemable once you reach 30k sats. There are no charges for reward Redemption as they have mentioned but you have to pay 30% tax as per govt rules.

Gold(You can earn in Gold but redeem option is not available as of now). There will be an update about it in the next month.


Why Good?

- Add money via credit card/debit card is free. (Freecharge gateway for loading which has utility MCC 4900).

- You can use it to get 0.5% or 1.5% reward based on your the card variant in addition to credit/debit card discounts.

- It is Visa prepaid card so works almost everywhere. works on Snapay(tried with twidpay).

- Similar to payzapp card except additional rewards for transactions and MCC for loading is utility(4900) not wallet.

- referral rewards also


- ATM withdrawals allowed( fee of Rs25 will be charged per transaction, VKYC needed for activation of ATM withdrawals)
The following limits also apply to ATM withdrawals:
Max amount per transaction: Rs 2000
Max amount in a 30-day period: Rs 10,000


Overall limits:
The load and spend limits on the GoSats Card once an user completes VKYC are as follows:
Daily – Rs10 lakhs
Monthly – Rs10 lakhs
Yearly – Rs30 lakhs
At a time, an amount of Rs2 lakhs can be loaded and spent with the card.
If a user has only completed min-KYC, the load and spend limits on the card will be Rs10,000 per month

No rewards for transacting on following merchants:
Freecharge; Ideal Cash; Jodhpur DRK; Ing fx; Accelyst; RAZ*BSPL; Gautam BuddhaUPIN; CSC E GOVERNANCE SERVI; HDFC BANK PREPAID CARD; PZElectricity; Mamta Nalagonda

For availing Timesprime offer: you have to download the app through timesprime or enter the code generated on timesprime while signing up on Gosats. You will get intro Card free and an option to upgrade it to elite 

New Updates:

- Adding money via CC free upto Rs 50k/month after that 1.2% charges (credit: @Sachin_arora )

- Elite Membership:For those who don't have Timesprime, can use Coupon code "elite" to get it at Rs. 499 (credit- @abhishek012 )