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Trick to get 5% SBI Cashback card on Phonepe gv purchase & bank transfer for phonepe merchant holders or Paytm Fastag users

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Finance Ninja
abhishek012

Trick to get 5% Cashback for SBI Cashback credit card on Phonepe gv purchase from Woohoo & bank transfer for phonepe merchant holders or Paytm Fastag users:

Note - This trick required Phonepe merchant QR which support Phonepe wallet payment or Paytm Fastag users.

Now first buy Phonepe e-gift card from Woohoo - http://www.woohoo.in/phonepe-special-e-gif...rd

Payment option choose - "Paytm - Credit / Debit Card / Net Banking" option

Now paytm gateway page, if you login your paytm account then 'uncheck' paytm wallet balance option or you can also directly use your credit card without login your paytm account.

After enter your SBI Cashback credit card details on paytm page

See here this merchant name showing or note -

Merchant name - 'QWIKCILVER SOLUTIONS PVT' give your 5% Cashback for SBI Cashback credit card.

phonepe

Now if you have Phonepe merchant QR then first add phonepe gift card to your phonepe account and then scan and pay to your phonepe merchant account.

Phonepe merchant account charge only 1% and you will get your phonepe gift card balance to your bank account.

2nd trick is that you can recharge your Paytm fastag from https://www.xpay...e/ xpay life app and pay through phonepe wallet gift card balance.

Xpay life charge 2% but you still get 3% profit.

If you know any other way to transfer your phonepe wallet balance to bank then you can use phonepe gift card balance too.

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We are not SEBI/IRDA registered. The information provided herein is for education purposes only. We will not be responsible for any of your profit/loss with this channel's suggestions. Consult your financial advisor before making any decisions.
94 Comments  |  
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Sabko bata do scheme

Generous Generous
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1 merchant me 1 bar hi payment hoga gv se ye likhna bhul gye kya joy joy

Deal Newbie Deal Newbie
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Or yeh bhi linkna bhul gaya jab ap purchase karoge to card apka temporary block hoga jab tak confirm ni hogi tab tak gv ni milyga .. 1st bar mai or every 1st spending

Benevolent Benevolent
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Qwikliver doesn't come under 5947? What's the mcc?

Now a days it seem risky to use sbi cashback card on new sites specially after that Amazon uber trick giving 0 cb. At least Amazon agreed to revert it back to source, so no loss there. But here none will revert.

Deal Subedar Deal Subedar
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Qwikcilver is an Gift card merchant and there's 0% cashback for that.

Finance Ninja Finance Ninja
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Merchant name is recently change on paytm and some user got 5% cashback.
Deal Lieutenant Deal Lieutenant
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Now there are 5001 Tricks to get 5000 CB, Enjoy , by the time you get this, another trick will be shared.
Cool Cool
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For a moment I thought special trick 5000cb on 5001 spending. sweat_smile sweat_smile

View 1 more reply
Deal Newbie Deal Newbie
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In SBI card app its showing Paytm_PineLabPrivateL.

But in payment page it was Quicksilver solutions pvt

Will i get CB

Deal Cadet Deal Cadet
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IMG20230530123813I brought phone pe gift voucher, on payment page it was showing qwikliver but it changed to Paytm pinelabs 560095 
Benevolent Benevolent
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I think pinelabs is better. I had one transaction one month back with line labs. Its mcc was 5734. Do update here, if u get cb after 2 days.

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Deal Newbie Deal Newbie
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Do keep in mind. SBI is very popular for reversing the CASHBACK and REWARD POINTS. They have done it in the past.

Like Magnet Like Magnet
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They have only done it for people who availed 10% discount+ 5% cashback on same purchase.

Never after.

So don't worry about that.

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Helpful Helpful
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I have a phonepe merchant qr but I can't receive phonepe gift card balance from another phonepe user. What could be the problem? UPI payment receiving without any hassle though

Benevolent Benevolent
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same with me
Deal Cadet Deal Cadet
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Does any one know if I can use this phonepe gift card for Scan and pay in merchants UPI transactions  ? if so I can utilise the amex 1500 spends using this ?

Finance Ninja Finance Ninja
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No, you can pay only for Phonepe wallet accept merchant QR.

You can do mobile recharge or Utility bill payment on Phonepe app using your Phonepe gift card balance.

Last month, Magicpin offer 1% off on Phonepe gift card purchased.

I purchased Phonepe gift card using my Amazonpay gift card balance on magicpin at 1% off and paid my electricity and gas bill on phonepe app.
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Deal Cadet Deal Cadet
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@abhishek012 bhai can PhonePe GV balance be used for CC bill payments? Curious as I never ever used PhonePe. 

Also any limit for non KYC users?

Deal Newbie Deal Newbie
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No only for merchant account scanning

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Deal Newbie Deal Newbie
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Yeh trik subse purani hai jab woohoo par phonpe gv chale hai.. yeh to bhai 5% par reh gaya hume to 7% ki trik use karte hai

Deal Newbie Deal Newbie
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Bataye 7% kaise hota hai?

Deal Newbie Deal Newbie
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Paytm fastag is not available on xpay life 😑

Finance Ninja Finance Ninja
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Xpay life app ? maybe recently removed.
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Deal Newbie Deal Newbie
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Try snapay

Deal Newbie Deal Newbie
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Mr.Abhisek , thank you for your trick , Can you confirm that Paytm Pine Labs Merchant Name in statement , do we get cashback or not?

Finance Ninja Finance Ninja
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Yes. you can also try with small denomination, buy any other gv from woohoo using same merchant name from paytm gateway.
Helpful Helpful
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tu vineet surekha h kya?

Deal Cadet Deal Cadet
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Can I use Amex for 1500*4  to purchase PhonePe GV?

Finance Ninja Finance Ninja
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I dnt know, try it. Amex card supported or not, i dnt know.

Helpful Helpful
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for me transaction settled but didn't got any cashback..

bought 5000 gift card - merchant name - paytm_pinelabsprivatel_banglore in

Finance Ninja Finance Ninja
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Wait few hours or 1 more day.

Sometimes cashback is not insant credit.
View 10 more replies
Deal Newbie Deal Newbie
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Received 5% cashback for sbi cashback card

Deal Newbie Deal Newbie
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How to check cashback??

Finance Ninja Finance Ninja
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Login your SBI card account,

Choose your SBI Cashback credit card (if you have multiple cards) and now go to cashback section.

Deal Cadet Deal Cadet
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Can I use Phonepe gift card for insurance payment?

Comrade Comrade
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How to check the cashback on sbi cashback card for individual transactions.  In the monthly statement, there is no mention of individual transaction only the total cashback amount.

Axis flipkart card gives the individual transaction cashback amount.

Can someone pls inform me

Finance Ninja Finance Ninja
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After transaction wait 2 days and then check your account SBI card cashback section.

If you are good in mathematics then you can calculate your transaction amount with 5% cashback.
Deal Newbie Deal Newbie
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Tata by by khatam...now only UPI payment available...no credit card

Finance Ninja Finance Ninja
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Just checked, card option still available.

You can also transaction without paytm account login.

pp

@gojo_sensei

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Post Tycoon Post Tycoon
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Screenshot2023-06-04at6.14.10PM

Generous Generous
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what are the use cases of PhonePe e-gift card?

can someone use it to pay credit card bill?

Finance Ninja Finance Ninja
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Recharge

Utility bill payment from Phonepe app (no extra charges).

Offline or online phonepe merchant payment (if any merchant accept phonepe wallet then you can also use Phonepe gift card).

Gold & Silver purchases.

Helpful Helpful
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I didn't get cb for that highlighted transaction. Beware they r fixing itIMG20230606112841
Finance Ninja Finance Ninja
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Only paytm gateway and merchant name - 'QWIKCILVER SOLUTIONS PVT' give your 5% Cashback.

After your transaction settled, statement name will show - 'Paytm_PineLabPrivateL'
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This trick is over.goodbye.

Blaze Blaze
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Getting wohoopicy as merchant name...how much cashback will this give???

Finance Ninja Finance Ninja
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Dnt know, new merchant name.
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Deal Cadet Deal Cadet
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Any update on woohoopicy? anyone got cashback?

Deal Cadet Deal Cadet
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didnt work
replyuser
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