inusind pinnacle wallet loading - reward points and charges
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eward points that we get from loading amazon and Mobi Kwik wallets with IndusInd pinnacle credit card - So practically loaded the respective wallets with an amount of 6k.
- For Mobi Kwik for 6k, they charged 2.95% (2.5 % charges + 18% gst on 2.5%) which comes to 147.50 Rs and the reward points received for this are 92(69 Rs).
- For Amazon wallet for 6k, charges are 2.36 % including GST, which comes to 141.60 Rs and the reward points received for this are 90 (67.5 Rs)
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https://www.desidime.com/comments/permalink/10349312
small correction from my side...actually 2.5% charge that i mentioned is convenience fee
https://www.desidime.com/comments/permalink/10350674
Oh ok. Those were charged by the wallets themselves. Right. Slice also charges similarly for CC loading as does PayZapp. What is Pinnacle's reward rate on wallet loads? Does it give 1.8% or 0.7% which is most IndusInd cards' reward rate for Utility MCC at least?
https://www.desidime.com/comments/permalink/10352009
its giving around .7%
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Wallet loads are charged 1%+GST by Sundas Bank for amounts > ₹20000 but it was supposed to be effective from statements generated in October 2024 as per the email sent. If you've been charged before only, you can show them the T&C and ask them to reverse. Similarly, Utility MCC spends above 25K will be charged