Need step by step instruction for CC to amazon gift card to Utility/insurance payment for better RP on CC
Correct me if my understanding is flawed:
1. I buy amazon gift card from Official Amazon using IDFC 1st Wealth CC (Im assuming this wont attract any transaction charges)
2. I use the amazon gift card and load my amazon pay wallet.
3. I then use my amazon pay wallet balance as a payment method to pay
for electricity, gas, insurance, broadband, mobile recharges, property
taxes on amazon pay portal or supplier website (Im assuming this also
doesnt attract transaction or additional fees).
Questions:
- While buying amazon gift card on amazon, will
my CC mark it as online spends or something else? The whole point of
doing this "trick" is to earn 6X on online spends vs 1X on utility and
insurance.
- I have loaded my amazon wallet with debit card too, for small upi transactions to physical vendors. How do i make sure the utility bill payment will use gift card balance and not main amazon wallet balance?
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https://www.desidime.com/comments/permalink/9636017
You'd get expected points I think (not IDFC CC holder though)...
Keep an eye on payment modes page at checkout... "checkboxes" particularly...
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@abhishek012 i only need to pay 15k max per month