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Trick to transfer 5% SBI Cashback credit card to bank & effectively earn 3% upto Rs3000 profit per month

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Finance Mentor
abhishek012

Trick to transfer 5% SBI Cashback credit card balance to bank and effectively earn 3% upto Rs3000 profit per month:

App link: https://play.google.com/store/apps/details?id=c...

Ios link: https://apps.apple.com/us/app/omnicard/id1569...42

Signup with any PAN or Voter Id or Passport or driving license number,

Home page >> go to profile >> setting >> account settings >> Increase limit >> now complete full kyc with PAN and Aadhar number >> and last option ask selfie to complete your full kyc. Now your Wallet limit increase to upto 2 lakhs.

Now app home page you will see "Generate UPI ID" now click on that option and complete your "Wallet UPI"

Go to add money option and add money through SBI Cashback credit card, app will charge you 2.17% but you will get 5% cashback for SBI Cashback credit card.

Make sure merchant name should be "PAYU MONEY" -

payu

Now after load money to your wallet.

Go to scan and pay option and scan your bank UPI QR and transfer to your bank free of cost (No Merchant UPI QR required).

omni1

omni

Important Info - Everyday bank transfer limit is Rs10,000 via Wallet UPI.

But i recommended for new users use small amount like start with Rs100 and then Rs500, Rs1000 or max Rs2000.

Old users dnt face any wallet account blocking problem but many new users who completed full kyc and suddenly loaded Rs5000 or Rs10,000 their wallet account gets blocked immediately due to suspicious activity.

I m sure many users will comment here like my wallet account is blocked and no reply from their customer care,

let me tell you if any new users account will get blocked, you need to wait upto 2 weeks to unblock your account via email (also possible they will ask you to re-submit your kyc document). So, new users dnt load higher amount of money.

Once your account getting old, you can load per day Rs10,000 and transfer to bank via Wallet UPI without any account blocking.

You will get 5% cashback for your SBI Cashback credit card and 2.17% charges. So, effectively approx 3% upto Rs3000 profit per month.

Many users here looted from this app from last few months.

Note - This PPI app is licensed by RBI. You will not lose your money, if your newly created full kyc wallet account will get blocked then i recommended load only as much money as you can handle for some time and once your full kyc wallet account will get old, load full Rs10,000 and transfer to bank via Wallet UPI.

Disclaimer
We are not SEBI/IRDA registered. The information provided herein is for education purposes only. We will not be responsible for any of your profit/loss with this channel's suggestions. Consult your financial advisor before making any decisions.
Top Comments
Deal Subedar Deal Subedar
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kitne din chalegi ye trick?

Finance Mentor Finance Mentor
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Dnt worry 10 aur trick ready hai SBI Cashback credit card k 5% cashback ko lootne k liye.
Deal Cadet Deal Cadet
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I woukd strongly recommend NOT TO DO THIS.

You are acting here as a merchant. A high inflow of transactions in your bank account is equivalent to a business transactions.

You may end up getting income tax notice if you guys fail to audit your fake business and not filling correct ITR.

Chillar cashbacks ke liye apni nind kharab mat kijiye.

Deal Cadet Deal Cadet
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I woukd strongly recommend NOT TO DO THIS.

You are acting here as a merchant. A high inflow of transactions in your bank account is equivalent to a business transactions.

You may end up getting income tax notice if you guys fail to audit your fake business and not filling correct ITR.

Chillar cashbacks ke liye apni nind kharab mat kijiye.

Finance Mentor Finance Mentor
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This is wallet load and transfer to bank not merchant transaction.

You can also scan & pay to your credit card bill repayment without send to your bank account.

Here SBI Credit card bill pay portal, scan & pay through UPI QR, no need to send to your bank account - https://pgi.billdesk.com/pgidsk/pgijsp/sbicard/...

Just rotate money without involving your bank account.

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Deal Newbie Deal Newbie
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Going to try this. Thanks

Deal Cadet Deal Cadet
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Seems over now...not working for sbi cc

replyuser
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