https://play.google.com/store/apps/details?id=i...
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 )
Finance
Credit Card
Hi @Chef I have wallet balance around 5k and now i need to pay this amount to my cc? what is the process to do? what is the benefit i receive?
Paytm, Mobikwik, bajajfinserv, all will charge extra for prepaid cards.
Snapay is the only good option where you can earn extra. To know more read this:
https://www.desidime.com/deals/gosats-visa-prep...
How to load money via cc? rupay upi getting failed for me
How?
@Chef - How to withdraw Gosats in form of bitcoin. It asks for some url when trying to withdraw, i have no clue abt that url, nor i know anything abt bitcoin.
Do you know anything abt it?
I haven't withdrawn yet but you need a bitcoin wallet address where the withdrawal will be sent. You have to create an account on Indian crypto wallets like Coindcx where you can withdraw your rewards.
Add money by credit card removed?
Yes, but dnt know if its temporary or permanent. But option not coming since yesterday entire day.
So, once we add money to the card, we can use it to pay for other purposes. But, 1.5 percent is less as per reward ratio. Just want to know which one is the best option to utilise the loaded money.
No renewal fees for elite card from now. Just rcvd the notification
Yes, No more renewal fees and valid for both existing and new users.
CAn anyone confirm still we can load using credit card for free?
any referral offer in extra?
While paying for elite card, it is showing receivers bank is either blocked or frozen.
Missed to enter timesprime code while signing up. Any chance to enter code in app again?
Timesprime coupon not applying?
you have to download the app through timesprime or enter the code generated on timesprime while signing up. You will get the intro Card free and an option to upgrade it to the elite card.
Redeem kaha hoga.. agar crypto related acc nahi to?
@Chef add this to your post
Elite Card: Price is Rs499.
Use coupon code: "Elite"
What about developer of this app? Not enough downloads from store, 2.3 ratings.. Indians ki h kya?
Adding money with cc 50k in one month is allowed only. @chef update this also after that there is going to be a charge of 1.2%
Where this 1.2% is mentioned, can u plz share the source?
@Knight11 @Spanjaykumar @abhishek012 also Good for Snapay
Utility mcc is the issue, I use payzapp as there are many cards which give points on wallet, but not on utility.
Btw, What if freecharge account is blocked? Will freecharge gateway still work?
@Knight11 @Spanjaykumar @abhishek012 also Good for Snapay
Got the Elite Card at Free + 170 Balance
Update:
Now you can redeem Gosat rewards(Gold balance also) for brand vouchers(flipkart, swiggy, etc. are available).
This feature is live for Elite card users as of now.
@Knight11 @FlightTrainHotelVisa @Black_Knight @abhishek012