dosto if paid in advance more in any credit card, banks give option that they will refund excess amount. suppose limit of card 15000, paid 20000 then some banks give back excess paid 5000 but process is very tedious. if one has excess amount in axis and icici card then how to use it without any charges or transfer it back to bank?paytm ask for convenience fees to add money or to pay credit card bill.
@xxxyyyzzz @decideaim @Tanmayyy @bikidas2060 @guest_999 @EkdamSastaRaju @getready @mastervijay @tappukepapa @vkrmjeet @Spanjaykumar
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If amount is less, then you can do upto 4k at 0% from Paytm ~Uber/Zomato wallet load.
axis customer care says that it will take 20-25 days as cardholder does not have account with them. icici said 15 days atleast
those rent payment methods dont work now?
Banks do refund excess amount back to your savings Ac
They do so in 3-5 working days .For ICICI they refunded , no questions asked
If not possible (axis) then add money via uber/zomato on paytm > transfer to bank
Best leave it in card account , it will be adjusted in next billing cycle
22g no account with them so the time they are mentioning is more than 15 days.also they need cancelled cheque copy etc. for that.
uber zomato vala detail me btao yaar?
and rent payment vala not working now?
@kukdookoo same position here have a credit of around 14k in credit card of HDFC but no savings account
Thinking of doing it with paytm rent payment some fees is there but also I am getting cashback so effectively 0 charges
If any other method please suggest
@xxxyyyzzz @tappukepapa @Tanmayyy @vkrmjeet @EkdamSastaRaju
zomato is asking to do full kyc before doing what u have all told. cant it be done without doing kyc in zomato?
no zero charges on rent payment now?or some cashback on it?
Icici easily refunds back on contacting customer support.
Any bank . cc issuer should process the excess credit refund within 3 working days (Effective from 1st this month*), else compensation? 😛
Card-issuers shall seek explicit consent of the cardholder to adjust credit amount beyond a cut-off, one percent of the credit limit or ₹5000, whichever is lower, arising out of refund/failed/reversed transactions or similar transactions against the credit limit for which payment has already been made by the cardholder. The consent shall be obtained through e-mail or SMS within seven days of the credit transaction. The card-issuers shall reverse the credit transaction to the cardholder’s bank account, if no consent/response is received from the cardholder. Notwithstanding the cut-off, if a cardholder makes a request to the card-issuer for reversal of the credit amount outstanding in the card account into his/her bank account, the card-issuer shall do it within three working days from the receipt of such request.
