query regarding Talkcharge offer

230°
Deal Cadet
Musky

Recently I cam accross an offer where talkcharge is offering Rs. 4010 Cashback on adding Rs. 4999.

Is this offer really worth it? What does it mean by keeping the balance for one month and so on? Does it mean that I shouldn’t even use Rs1 from the amount I added for 1 year to get full benefits of Rs4010 cashback.

Has anybody availed this offer?

@saurabh1 @saurav
@libaas

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Deal Subedar Deal Subedar
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Yes you shouldn’t use the amount for the specified period. After specified period you can use the amount (loaded+cashback) for bill payment. I have used a year back. I have loaded money in sep 2019 and utilized in April 2020. For 5 k invested for 7 months I paid 6666 worth bill payments.

Comrade Comrade
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You have to keep ur money for 12 months in the wallet..to get that amount of cashack…the cashback gets credited in parts everymonth….that total cashback is for whole year…and you can’t use the money that u have put in the wallet…else you will only get cashback till the month..money was untouched in wallet…it’s basically…an offer…paisa double…in one year….u can consider it as fd

Deal Subedar Deal Subedar
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It sounds like a scam. Anybody successfully using this?

Deal Cadet Deal Cadet
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They will run this scam until it grows to level they want it to. All Ponzis did the same. They create belief by giving some and then recover all at once. smile Pearls Property scheme was one such. This is S C A M.

Finance Ninja Finance Ninja
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That’s why adding in limits.. of course there are a lot of failure transactions as well, refunded in 2 days…

Deal Cadet Deal Cadet
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hmm.. looks like a ponzi scheme. May be or may not be. Can share more details only after checking details about talkcharge

Finance Ninja Finance Ninja
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Got cashbacks 2 times.. once 1801(in 6 months) once 2201 in 9/12 months..added another 5000 for 3801 cashback

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