Anyway to invest in Mutual Fund through Credit card??

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Deal Cadet
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Hi,

Is there any directly or indirect way to buy mutual fund schemes via credit cards?

Most of the sites give only option Debit card, UPI and net banking.

It will help most of us if we can use our credit card to invest and as well as earn reward point and show better credit card usage without shopping.

12 Comments  |  
6 Dimers
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Deal Cadet
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No you cannot invest in MF using credit card. You may however invest in NPS using credit card.

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Deal Cadet
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DealMonarch wrote:

No you cannot invest in MF using credit card. You may however invest in NPS using credit card.

national pension scheme?? Where can I invest in NPS?

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Deal Cadet
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Any updates as NPS takes 1%

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Deal Cadet
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how to invest in nps using cc as cc is charging 1+% extra

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Deal Cadet
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binod_babu wrote:

how to invest in nps using cc as cc is charging 1+% extra

by paying 1% + GST smiling_imp

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Deal Cadet
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binod_babu wrote:

so basically pay using netbanking confused

Yes. But we do have CC which gives reward/benefit of more than 1.5% so people use that for NPS. Many cards have spend based benefits, using CC on NPS helps to achieve those targets

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Deal Cadet
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ya,lets see if i get spend based offer from hdfc,then can probably try out.

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Deal Cadet
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Just be mindful that card companies have blocked cards for doing huge transactions(manufacturing spends) via NPS.

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Deal Cadet
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binod_babu wrote:

so basically pay using netbanking confused

Or get a CC that offers rewards more than 1%+gst on such transactions.

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BlueFlash wrote:

Or get a CC that offers rewards more than 1%+gst on such transactions.

cant get hdfc dcb/millenia smile

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