Vote down Reasons
Loot - Bypass trick to Rotate Money or use Utility, Fuel, Jewellery, Gold using SBI Cashback card, Axis Magnus, HDFC Millennia, BOB Eterna & earn FREE 5% Cashback:
We all know Axis Magnus credit card - Default rate - 1.2% but on spending Rs 1 Lakh in a month - 5% rewards (or 6.2% if we redeem on vouchers).
SBI Cashback credit card offer - Flat 5% cashback.
HDFC Millennia credit card offer - Flat 5% cashback.
Bank of Baroda (BoB) Eterna Credit Card - 3.75% but with milestone rewards rate - 4.75% (spending Rs 5 Lakhs in a year).
But some cards t&c is that we can't use for fuel, Jewellery, Utility bills, supermarket etc -
Simple trick - Buy Amazon gv from Amazon for Utility bills & Insurance payment, Tanishq Gold Jewellery gift voucher or joyalukkas gift card from Amazon, HPCL GV from Amazon (currently OOS but wait for BIS), Reliance Retail gv/V-mart etc gift voucher from Amazom and vairous other branded gift voucher available on amazon and get full 5% Cashback on SBI Cashback card and HDFC Millennia credit card, 6.5% for Axis Magnus credit card and 4.75% for BOB Eterna credit card.
Another Utility bill trick - Load money to your Bajaj Wallet and pay for utility bills and get full 5% cashback for SBI Cashback card, 5% to 6.2% Axis Magnus credit card and 3.75% to 4.75% for BOB Eterna card (I think direct payment on Bajaj app also comes under non-wallet/non-utility transactionss but direct bajaj wallet oload method is verified).
Rotate Money - Buy Amazon gv and resell at 1.5% to 2% off. Where to resell ? well, many travel and recharge agents buy your Amazon gv at 2% off or higher denomination at 1.5% off (dnt ask me any agenets details, if you added on any trusted whatsapp groups then you can trade with them, already many credit card users doing this for daily basis (effectively you earned 3% to 4.2%+ using Axis magnus, SBI Cashback card, BOB Eterna, HDFC Millennia credit card without shopping).
Note - you can also recharge/utility bill/LIC/insurance payment to other people at 2% off using Amazon gv and get money in your bank account. Personally im doing this method for all my Amazon gv usages. Many LIC agents give you insurance payment on daily basis. Amazon gift voucher is the best method to bypass Utility bill pay restriction.
Trick to buy more Amazon gv - If you buy Amazon gv then maximum 20k allowed through Credit Cards but you can use multiple Amazon accoutn to buy more Amazon gv using same credit card, Thanks to RBI's Tokenization - Merchant can't indentity your credit cards to track.
You can also buy BPCL digital gift card for Fuel purchase from Flipkart here and get 5% Cashback on SBI Cashback Card, Axis Magnus card and BOB Eterna - https://www.desidime.com/deals/bpcl-digital-gif...
Demondealer wrote:Which one ? both are different topics.
U alredy started a thread just 2 or 3days back and again this?
Loot bug real loot , trick , maha loot , mahaloot ,
Jo jo Vote Down Krna chahte ho Like Kro and Apna Kamal dikhao 😓
Andhra_Abbayi wrote:https://media.tenor.com/ZQ628JmgcWUAAAAM/aap-ku...
One more round by Abhishek.. Heavy beating..
Btw last few days to kill this duck also.
Andhra_Abbayi wrote:
One more round by Abhishek.. Heavy beating..
Btw last few days to kill this duck also.
Chill, this trick will never close.
Axis Magnus, SBI cashback card, HDFC Millennia and BOB Eterna team k pas itna dimag thorai hai ki Amazon se gift voucher purchase pe special MCC code laga de taki cashback and rewards na mile ya credit card se buy option band karwa de.
abhishek012 wrote:What's new or Bypass trick here in this thread? It's all old wine in the new bottle thing. Buy GVs and use self or trade with others; these are the normal practices. What you did is just added a couple of fancy words like 'Bypass, trick, blah, blah...'. That's it.
Which one ? both are different topics.
Here is the trick to bypass SBI Cashback card, Axis Magnus, BOB Eterna and HDFC Millennia credit cards to get full 5% to 6.2% cashback/rewards.
Any other card useful for this trick regalia!! Amex idfc or any other sbi
Bro everyone knows this 😄
Vaastav wrote:
Create a post to Buy Gift Cards From Amazon and Name The Credit Cards giving maximum Cashback and Call it a loot or Bypass Trick.
Why are even Admins Allowing this?? @Mayavi @bumblefoot @Floriya
He has posted in dost and dimes, not in hot deals. So, i don't think it violates any rule😅.
And I don't think this will stop anytime soon. Many banks have specifically tied up with Gyftr to offer discounted gift vouchers. So, it's very much official way.
abhishek012 wrote:
Chill, this trick will never close.
Axis Magnus, SBI cashback card, HDFC Millennia and BOB Eterna team k pas itna dimag thorai hai ki Amazon se gift voucher purchase pe special MCC code laga de taki cashabck and rewards na mile ya credit card se buy option band karwa de.
But amazon walon ke paas hai. They can easily disable gv purchases using credit card like the way they did with apay balance. After that we'll chill
abhishek012 wrote:Not a major deal Abhishek. Just convince amazon to assign separate mcc for gv purchase.. khel katham
Chill, this trick will never close.
Axis Magnus, SBI cashback card, HDFC Millennia and BOB Eterna team k pas itna dimag thorai hai ki Amazon se gift voucher purchase pe special MCC code laga de taki cashabck and rewards na mile ya credit card se buy option band karwa de.
what is income tax implication in this ?
Andhra_Abbayi wrote:Also if Amazon disable use of GV for LIC Payment then khel double khatam
Not a major deal Abhishek. Just convince amazon to assign separate mcc for gv purchase.. khel katham
Ye Nahi sudrega....Saab band Karwa Ki hi dum lega..🤦♂️
@bumblefoot @admin request you to stop this nuisance since this adds no value but just noise.
abhishek012 wrote:
Chill, this trick will never close.
Axis Magnus, SBI cashback card, HDFC Millennia and BOB Eterna team k pas itna dimag thorai hai ki Amazon se gift voucher purchase pe special MCC code laga de taki cashabck and rewards na mile ya credit card se buy option band karwa de.
You don't get accelerated rewards when buying gold off Amazon FK...so ya .it's very easy to do it .🤦♂️
mojo_jojo123 wrote:As long as you don't overspend which requires justification (compared to your total income) or reach 10L spends in the card, you should be finewhat is income tax implication in this ?
Axis Magnus is a scam most of the people who spend ₹1 lakh didn't get 25000 rp even after 90 days. Please don't promote here I haven't got my 25000 ep for the month of June till now their cc is pretty much useless. There are better cards than magnus like hdfc infinia gives 3.33% without any spend conditions pls promote cards from good banks
Vaastav wrote:
Create a post to Buy Gift Cards From Amazon and Name The Credit Cards giving maximum Cashback and Call it a loot or Bypass Trick.
Why are even Admins Allowing this?? @Mayavi @bumblefoot @Floriya
Admins encourages such posts..
Vaastav wrote:Ofcourse its a loot.
Create a post to Buy Gift Cards From Amazon and Name The Credit Cards giving maximum Cashback and Call it a loot or Bypass Trick.
Why are even Admins Allowing this?? @Mayavi @bumblefoot @Floriya
abhishek012 wrote:
Ofcourse its a loot.
SBI Cashback card and Axis Magnus credit card offer 5% to 6.2% cashback on Amazon gift voucher purchase and after reselling you will earn Flat 3% or more profit.
Now depend on your SBI Cashback card/Axis magnus credit card limit. If you get 1 lakh monthly limit then per month Rs3000+ income. 😀
So, its actually a loot trick.
Next time can you post it into deal section... instead of flooding discussion forums.
![Limited Accounts: Sample @ ₹1 [more in description]](https://cdn1.desidime.com/topics/photos/1556019/medium/Screenshot2023-03-28at4.17.48PM.png?1680000448)
Why are even Admins Allowing this?? @Mayavi @bumblefoot @Floriya