Suggest best method to pay Fuel Payment of 1 lac and above at Petrol Pump?

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Deal Subedar
ManojSingla

I generally get monthly Bill above 2 lac from Petrol Pump for our commercial vehicles and Generator.

Suggest best way to pay Petrol pump bill of above 1 lac rupees.

I have noted 3 below methods
1. By swiping the cc/dc card
2. By scanning QR code
3. By adding money in BPCL SmartFleet app (paying via SmartFleet app wallet gives 0.75% cb on full amount)
Further add money in SmartFleet via cc/dc can earn additional cashback.

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Deal Cadet Deal Cadet
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https://www.sbicard.com/en/personal/credit-card...#
I don’t the hidden terms and conditions, but I read this card gives around 6% back on fuel at BPCL..
Please check..
Annual charges are 1499, but waived on spending 2L, but I think you can achieve it, as you askef for 1L..

Deal Subedar Deal Subedar
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wackophant wrote:

https://www.sbicard.com/en/personal/credit-card...#
I don’t the hidden terms and conditions, but I read this card gives around 6% back on fuel at BPCL..
Please check..
Annual charges are 1499, but waived on spending 2L, but I think you can achieve it, as you askef for 1L..

Max 2500 rp per billing cycle ie 625/-.

Deal Newbie Deal Newbie
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SC Ultimate – 3.3% reward points…1pt = 1 re…I had filled 1 k petrol…card charges 1%.. amount charged – 1010..points rcd 34 Pts i.e. 34 rs worth point….so if u spend 2 lakh..u would be ideally spending 202000…but u will get points = 6666..total earning = 4666

Deal Subedar Deal Subedar
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SavvySaver wrote:

SC Ultimate – 3.3% reward points…1pt = 1 re…I had filled 1 k petrol…card charges 1%.. amount charged – 1010..points rcd 34 Pts i.e. 34 rs worth point….so if u spend 2 lakh..u would be ideally spending 202000…but u will get points = 6666..total earning = 4666

Is there any cashback limit per billing cycle?

Deal Cadet Deal Cadet
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1L pm on fuel payment might be seen as commercial spending(not personal spending). As such any personal usage CC might get blocked. I am not sure, though.

Deal Cadet Deal Cadet
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ManojSingla wrote:

If I Add money in Mobikwik/PayZapp/Paytm/ wallet with Flipkart Axis card and pay from Wallet by scanning QR at pump, will I get 1.5% in FK Axis card ?
Kindly suggest

@TEMPER @bikidas2060 @MrKool_JJ @BubbleBoyChickenLittle @Awake @caks2006407 @drupal
@guest_999

Mk/Paytm has 2.0% charge for wallet load using CC.
Payzapp is free for wallet load, atm.

Deal Cadet Deal Cadet
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Is that a UPI QR?

Deal Subedar Deal Subedar
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DimeDime wrote:

Is that a UPI QR?


https://cdn0.desidime.com/attachments/photos/660347/medium/IMG_20210117_155716.jpg?1610879254At bottom Other Payment Options has options of Payment via cc/dc/UPI.
*also there is option to pay via Mobikwik Wallet.

Pro Shopping Friend Pro Shopping Friend
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ManojSingla wrote:

If I Add money in Mobikwik/PayZapp/Paytm/ wallet with Flipkart Axis card and pay from Wallet by scanning QR at pump, will I get 1.5% in FK Axis card ?
Kindly suggest

@TEMPER @bikidas2060 @MrKool_JJ @BubbleBoyChickenLittle @Awake @caks2006407 @drupal
@guest_999

FK Axis no rewards for wallet loads
go for Amex or BoB cards
U will have to distribute payment to 4-5 cards else block

Deal Cadet Deal Cadet
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ManojSingla wrote:


https://cdn0.desidime.com/attachments/photos/660347/medium/IMG_20210117_155716.jpg?1610879254At bottom Other Payment Options has options of Payment via cc/dc/UPI.
*also there is option to pay via Mobikwik Wallet.

That’s a MK QR, then.
There won’t be any CC charge for using that “Other Payment Options” method.

Also, are you going to use that CC anywhere else? If not, your future-personal-usage CC will most probably get flagged for disproportionate usage at a single location/channel.

Critic Critic
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ManojSingla wrote:

If I Add money in Mobikwik/PayZapp/Paytm/ wallet with Flipkart Axis card and pay from Wallet by scanning QR at pump, will I get 1.5% in FK Axis card ?
Kindly suggest

@TEMPER @bikidas2060 @MrKool_JJ @BubbleBoyChickenLittle @Awake @caks2006407 @drupal
@guest_999

Most cards have stopped giving reward points for wallet transactions incl flipkart axis card. Also payment from wallet is supported only for that wallet provider’s qr code(so paytm wallet supported for payment to paytm qr code only & so on). Also I already mentioned this before that huge amount of spend on categories like bill payment, fuel etc will be considered as business usage by many card issuing banks which is not allowed for personal credit cards.

Deal Subedar Deal Subedar
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DimeDime wrote:

That’s a MK QR, then.
There won’t be any CC charge for using that “Other Payment Options” method.

Also, are you going to use that CC anywhere else? If not, your future-personal-usage CC will most probably get flagged for disproportionate usage at a single location/channel.

@guest_999
Around 2 years back Amazon allowed Electricity Bill Payments of any amount but now it allows upto 25k only.
At that time I used my Indusind Pinnacle card to pay Electricity Bill of 8-10 lac every month for 1 year continuosly (total usage crossed 1 cr in a year and earned 2.5 lac in statement balance) and never blocked.
I think Blockage vary from Bank to Bank

Deal Cadet Deal Cadet
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ManojSingla wrote:

@guest_999
Around 2 years back Amazon allowed Electricity Bill Payments of any amount but now it allows upto 25k only.
At that time I used my Indusind Pinnacle card to pay Electricity Bill of 8-10 lac every month for 1 year continuosly (total usage crossed 1 cr in a year) and never blocked.
I think Blockage vary from Bank to Bank

IndusInd takes a very Laissez faire attitude when it comes to CC.

Critic Critic
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ManojSingla wrote:

@guest_999
Around 2 years back Amazon allowed Electricity Bill Payments of any amount but now it allows upto 25k only.
At that time I used my Indusind Pinnacle card to pay Electricity Bill of 8-10 lac every month for 1 year continuosly (total usage crossed 1 cr in a year and earned 2.5 lac in statement balance) and never blocked.
I think Blockage vary from Bank to Bank

From my post in your other thread:
https://www.desidime.com/discussions/suggest-be...

Is this correct, you were earning 2-3 lakhs in statement credit? If it was any card other than indusind then it would have been blocked by now.

Now even Indusind has implemented a new policy where max reward points in a billing cycle cannot be more than the spending on entire card limit so if a person has 1 lakh card limit & spend 2 lakh in a month then reward points will be given only on 1 lakh. Indusind is the most lenient among major credit card providers in India. Amazon blocked payment of electricity bills more than 25k precisely for this reason because almost no regular customer get more than 25k electricity bill per month(& those who do don’t care about saving a few thousand rupees).

Deal Newbie Deal Newbie
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ManojSingla wrote:

Is there any cashback limit per billing cycle?

No….never faced any yet

Analyst Analyst
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First and foremost, you should check with the fuel station if they are fine with any payment method. Since the bill is huge and recurring, the outlet can deny certain payment methods to avoid losses. And if they are fine with any payment method, be very careful when you use personal card for business expenses. Although some banks appear lenient, you never know when will they/ their systems flag. And lastly, all these accrued transactions will reflect under SFT in your 26AS. So be prepared to deal with IT folks if the need be.

Deal Hunter Deal Hunter
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You can check Citi Indian oil CC.

It provides 4 turbo points per 150 spent on fuel at IOCL pumps and 1 Turbo point =1 rupee for Fuel.

I think they have only single payment cap of 10000/- but no monthly or yearly cap on fuel expenses

Deal Subedar Deal Subedar
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Petrol pump ke maalik se baat karo aur direct discount le lo thoda bahut.. best hoga wo..

Deal Cadet Deal Cadet
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instead of axis flipkart card, go for axis ace card. it gives 5% cashback on bill payments via gpay & 2% cashback on all other spends.

Deal Subedar Deal Subedar
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pentiumd wrote:

instead of axis flipkart card, go for axis ace card. it gives 5% cashback on bill payments via gpay & 2% cashback on all other spends.

After deducting 1% surcharge, net will be 1%

Deal Subedar Deal Subedar
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Chamatkari-Baba wrote:

You can check Citi Indian oil CC.

It provides 4 turbo points per 150 spent on fuel at IOCL pumps and 1 Turbo point =1 rupee for Fuel.

I think they have only single payment cap of 10000/- but no monthly or yearly cap on fuel expenses

I hv read Illustrative example on Turbo points earn on Citi official site:
and found Max 267 rp on 10k spend per billing cycle
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https://cdn0.desidime.com/attachments/photos/660629/medium/IMG_20210119_120952.jpg?1611038591

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