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Best way to pay insurance after Amazon GC devaluation?

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What's the best way now to pay insurance bills after Amazon Gift Card method devaluation on HDFC Gyftr, not to mention various devaluations on CCs?

It seems like the maximum cashback may be just 1% (Amazon Pay ICICI) + 1% (HDFC DB method).

@abhishek012 and others - please help.

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Finance Mentor Finance Mentor
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Trick 1 -

5% cashback on Amazon gv purchase using SBI Cashback credit card.

You can buy total 1 lakh Amazon gv using SBI Cashback credit card and use for your Utility /LIC / insurance /other Amazon merchant payment.

More details about secret website name to buy 1 lakh Amazon gv for 5% SBI Cashback credit card - https://www.desidime.com/discussions/trick-to-g...

Trick 2 -

HDFC Millennia credit card user buy Amazon gv from Amazon and get 5% upto Rs1000 per month cashback (Note - Dnt do any transaction by the end of the month otherwise your transaction will settled on next month and you will not get cashback for next month amazon gv purchase from Amazon because monthly cashback limit is 5% upto Rs1000).

More details - https://www.desidime.com/discussions/hdfc-mille...

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Finance Mentor Finance Mentor
Link Copied
Trick 1 -

5% cashback on Amazon gv purchase using SBI Cashback credit card.

You can buy total 1 lakh Amazon gv using SBI Cashback credit card and use for your Utility /LIC / insurance /other Amazon merchant payment.

More details about secret website name to buy 1 lakh Amazon gv for 5% SBI Cashback credit card - https://www.desidime.com/discussions/trick-to-g...

Trick 2 -

HDFC Millennia credit card user buy Amazon gv from Amazon and get 5% upto Rs1000 per month cashback (Note - Dnt do any transaction by the end of the month otherwise your transaction will settled on next month and you will not get cashback for next month amazon gv purchase from Amazon because monthly cashback limit is 5% upto Rs1000).

More details - https://www.desidime.com/discussions/hdfc-mille...

Helpful Helpful
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trick 2 not working..amazon doesn't allow cc payment for gv

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Deal Newbie Deal Newbie
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Credit Card Rewards: While credit card cashback options may have been devalued, some credit cards still offer rewards and cashback on specific categories, including bill payments. Research the rewards structure of your credit cards and see if any of them provide higher cashback for insurance payments.

Payment Wallets: Explore payment wallets like Paytm, PhonePe, or Google Pay. They often have occasional cashback offers on bill payments, which could help you save on insurance payments.

Deal Newbie Deal Newbie
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@abhishek012 Thanks. Unfortunately, I don't have either SBI Cashback or Millenia. Any other option - Ace, APay ICICI, Tata Neu?

Finance Mentor Finance Mentor
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DM you about Axis ACE Credit Card.

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Deal Subedar Deal Subedar
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same scenario here, but i do not have axis ace also, I have apay icici, diners black only.

any way for me to get some benefit here?

Generous Generous
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Diners Black will fetch around 6% on Smartbuy.
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Deal Newbie Deal Newbie
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@srp321 I think the only way for you is 1% cashback on Apay ICICI, and then additional 1% when you pay the bill through HDFC Easyshop Debit Card (monthly eligible transaction amount would be Rs. 75,000 across all such card payments)

Deal Subedar Deal Subedar
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i just have hdfc cc, no dc, hence this isn't an option
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Helpful Helpful
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FreeCharge axis cc

Deal Lieutenant Deal Lieutenant
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Please DM me  @abhishek012 the Axis Ace trick

Deal Newbie Deal Newbie
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Plz DM.me too

Commentator Commentator
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Freecharge Axis CC at present provides 5% Cashback. But Charges 1.18%. So After Deduction of Charges It comes to 3.82%. Not bad.

Tata Neu, I still have Confusion.

I am having Tata Neu Infinity Card and I am Infinity member also.

Last month I paid 5000+ LIC Premium.

In Base Cashback I got 1.5%.

In Bonus I had other Transactions like Utilities also. I didn't understand I received 5% cashback for which of the transactions.

Finance Ninja Finance Ninja
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Did you use card directly or used Rupay UPI on tataneu. I have a few payments coming and I have a spend based UPI payment as well.

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Helpful Helpful
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Why don't you buy the GVs from trading section or buy using those Amazon UPI offers on Gvs. It will be 3% savings

Deal Cadet Deal Cadet
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DM for Axis Ace

Deal Newbie Deal Newbie
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Whats 6% use on DCB IF you lose 3.5% on gyftr

Deal Newbie Deal Newbie
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Amazon is providing many add money offers through UPI for most of the users , which offers nearly 5% extra cashback. But only thing is it needs UPI. Best option to pay utility bills without any credit card.

Deal Cadet Deal Cadet
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@abhishek012  pls dm ace trick

Deal Cadet Deal Cadet
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Buy Amazon pay GC at discount. I get regular cashbacks like 100 CB on 3000 or 150 CB on 4000.

This is totally dependent on the rewards u get for such offers. But u can start collecting 1.5 to 2 months in advance to date of premium payment.

When I had no credit cards I used this trick for my LIC premium.

Deal Newbie Deal Newbie
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In unable to pay more than 10k. Anyone knows why this limit? 

Talk-Of-The-Town Talk-Of-The-Town
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What about Tata Neu Infinity? 5% cashback upto 2000 per day is available via Tata Neu payment app, right?

Deal Newbie Deal Newbie
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Yes. However, the max amount that can be paid is around 20k. If your premium is above that, it won't work (no partial payment allowed either)
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Deal Cadet Deal Cadet
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I need to pay ~Rs 50,000 to the care insurance for policy renewal and they accept amazonpay wallet, I have added Rs 30,000 amazon e-gift cards already to the amazon wallet (bought through sbi cashback card), but amazon is not allowing more than Rs 30,000 gift cards purchase as the restriction is for 30 days..

Can anybody suggest how I can purchase remaining Rs 20,000 amazon e-gift cards, as amazon is not allowing to buy even from other amazon accounts!!

Deal Newbie Deal Newbie
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Go for buying the gift card through UPI reward offers. One is Rs. 150 cashback on Rs. 4000 (3.75%) and another is Rs. 100 cashback on Rs. 3000 (3.33%).

You can use multiple accounts for this - just note that the cashback amount will be accumulated in the respective accounts. So use your family members' accounts so that you can use the cashback later. 
Deal Newbie Deal Newbie
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Please DM me @abhishek012 the Axis Ace trick

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