Do you think rotating money is a good deal?

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Rotating money, the pros and cons

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Last Comment 2021-10-22

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DeciDeaim

2021-09-25

I have heard many people here rotating money card to wallet to bank or sorts. Personally I don’t feel comfortable rotating money at all.
But at times I feel like iam missing things. Some People milk rewards, get limit enhancements through just rotating money.
So here Iam confused and wondering if it is worth it. Can people share their experiences/opinions regarding the pros and cons of rotating money. Is there any risk involved or just the sweet fruit of rewards ??

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Created by : _One_Miller_ 2021-09-25

Everyone is expert until @kirandr221996 arrives.

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https://www.desidime.com/discussions/rotating-money-the-pros-and-cons?page=2#post_7962416

i.havejosh86

2021-09-26

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How much are we talking about what lands us into trouble with income tax? Doing 40K in a month once a year for fee waiver is troublesome ?

https://www.desidime.com/discussions/rotating-money-the-pros-and-cons?page=2#post_7962460

DeciDeaim

2021-09-26

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Nobody knows unless you tell somebody, don’t worry, we are talking about lakhs here blush

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https://www.desidime.com/discussions/rotating-money-the-pros-and-cons?page=2#post_7962690

rockingneo

2021-09-26

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@decideaim @Xxxyyyzzz @Manitian @chai_lover;

https://www.desidime.com/discussions/rotating-money-the-pros-and-cons?page=2#post_7962698

DeciDeaim

2021-09-26

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One Nostradamus smile

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https://www.desidime.com/discussions/rotating-money-the-pros-and-cons?page=2#post_7962699

_One_Miller_

2021-09-26

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Followed the thread to get job in Infosys.

https://www.desidime.com/discussions/rotating-money-the-pros-and-cons?page=2#post_7963498

sauravDD

2021-09-27

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Great
But It should be in Incometax

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https://www.desidime.com/discussions/rotating-money-the-pros-and-cons?page=2#post_7966801

DeciDeaim

2021-09-28

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This rotation stuff can sometimes get messy.
Bob bank virtual rupay platinum card I opened for Amazon wallet 100 off 500 load on Fridays, was charged 295 today though it was explicitly mentioned 0 charges, so 195 loss.
Some people have created 100 cards to get the benifit 29500 charges. Kind of a wake up slap for me.

https://www.desidime.com/discussions/rotating-money-the-pros-and-cons?page=2#post_7987850

BubbleBoyChickenLittle

2021-10-03

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Isme kyaa messy h bhau joy joy

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https://www.desidime.com/discussions/rotating-money-the-pros-and-cons?page=2#post_7987662

bms08009ee009

2021-10-03

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Last year My cc usage is 15 lacs, don’t worry, no issues

https://www.desidime.com/discussions/rotating-money-the-pros-and-cons?page=2#post_7987844

DeciDeaim

2021-10-03

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15 on CC is a considerably high amount. So IT department is after huge amounts only I guess.

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https://www.desidime.com/discussions/rotating-money-the-pros-and-cons?page=2#post_7997924

rahulsoni0706846

2021-10-06

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As i wanted to purchase iphone 12(128gb) in BBD and i don’t had a credit card so i paid 60000 in advance to my neighbour to make a payment in his credit card as he didn’t had any limit left everything was going great and i successfully placed the order byt i made a mess, as in order to get 4k off on 80k i have purchased a laptop which i don’t need with iphone 12, i thought i will cancel the laptop and keep the iphone and split the discount of 4k off on 80k but now this has backfired as when i tried to cancel laptop the complete order was cancelled. Refund got credited today in credit card but now price of iphone has jumped to 58000 and I don’t want to purchase it at this price. So can anyone of you suggest me a way to get the money out of credit card without losing any of it, i will be thankful to you.