Amazon gv for self

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Deal Cadet
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I have not bought/used Amazon gv till now.

Please tell How to buy Amazon gv, for our own use like high value bill payments or insurance payments.

Please confirm if buying gv through Amazon pay card gives 5% cashback.

Are there any precautions ?

When I tried buying gv, it showed like gifting to others/friends, didn’t find option to buy for self.

11 Comments  |  
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Deal Cadet
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Should not be an issue i have got the vouchers for 48k and paid my bill.. not sure if there is restriction on a value above that

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Deal Lieutenant
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Credit cards do not like u buying GVs, ICICI is well experienced now in blocking cards, so forget that 5% and pay directly on Amazon
If its just one time u need, may be u can purchase gvs and pay.
Anything beyond 30K will invite trouble – now a days trend

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uuv wrote:

@guest_999

Keep these 3 points in mind:
1. do not spend more than your amazonpay card limit in a month/billing cycle.
2. do not add amazon gv with large value(say 10-15k+) to others’ amazon acc, only add them to amazon acc linked to amazonpay card for making payments.
3. use high value GV honestly, what I mean is that a person usually pay 80-90k insurance premium in a year so don’t go buying 50k gv to add to your own acc to make insurance premium payment every 2nd month as it clearly shows you are paying premium for others probably for a commission.

Also when buying GV you can just select email option & enter your own email(the one linked with your amazon acc).

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Deal Newbie
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caks2006407 wrote:

Credit cards do not like u buying GVs, ICICI is well experienced now in blocking cards, so forget that 5% and pay directly on Amazon
If its just one time u need, may be u can purchase gvs and pay.
Anything beyond 30K will invite trouble – now a days trend

I have checked ICICI & SBI is not blocking buying gift vouchers now. Earlier it was not allowed to buy GV using credit cards. Seems like amazon was blocking, not the card issuer.

https://cdn0.desidime.com/attachments/photos/636684/medium/IMG_20200915_011403.jpg?1600112670

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Deal Newbie
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Card blocking is another thing, Doesn’t it happen like when you use this Credit Card even more than your Annual Income, the IT AUTHORITIES will start keeping an eye on you?

Does this happen, or it doesn’t matter how much your salary is, and how much you spend using your card?

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Nationalist wrote:

Card blocking is another thing, Doesn’t it happen like when you use this Credit Card even more than your Annual Income, the IT AUTHORITIES will start keeping an eye on you?

Does this happen, or it doesn’t matter how much your salary is, and how much you spend using your card?

ICICI blocked/cancelled cards of users who bought lakhs of GVs in 1-2 months because it was obvious they were reselling it which comes under commercial usage of card which is not allowed as per any card T&C issued to a typical person. IT authorities comes into play when you are spending lakhs on credit card but not filing ITR or filing ITR with low income not matching your spending.

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Deal Cadet
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guest_999 wrote:

Keep these 3 points in mind:
1. do not spend more than your amazonpay card limit in a month/billing cycle.
2. do not add amazon gv with large value(say 10-15k+) to others’ amazon acc, only add them to amazon acc linked to amazonpay card for making payments.
3. use high value GV honestly, what I mean is that a person usually pay 80-90k insurance premium in a year so don’t go buying 50k gv to add to your own acc to make insurance premium payment every 2nd month as it clearly shows you are paying premium for others probably for a commission.

Also when buying GV you can just select email option & enter your own email(the one linked with your amazon acc).

As per the FAQ,
it seems cashback is only 2% on gv,
Is this correct?

https://www.amazon.in/gp/help/customer/display....

https://www.amazon.in/b?ie=UTF8&node=15705...31

If it’s giving only 2%, then we can directly pay thru card to get 2%

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uuv wrote:

As per the FAQ,
it seems cashback is only 2% on gv,
Is this correct?

https://www.amazon.in/gp/help/customer/display....

https://www.amazon.in/b?ie=UTF8&node=15705...31

If it’s giving only 2%, then we can directly pay thru card to get 2%

Yes but in reality you get 5%(if linked amazon acc to card is prime) which is the main reason for this card’s popularity & misuse.

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Deal Subedar
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guest_999 wrote:

Yes but in reality you get 5%(if linked amazon acc to card is prime) which is the main reason for this card’s popularity & misuse.

I see this bug is fixed. Can any one confirm who used in the recent times.

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andromeda wrote:

I see this bug is fixed. Can any one confirm who used in the recent times.

When? I know people who got 5% for transactions done in first 2 weeks of sep(statement generation date after 15th).

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