AMAZON pay to bank account

AMAZON pay to bank account

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AMAZON pay to bank account

In play store download “Augmont” app then buy silver using amazon pay 2% are gateway charges then transfer it to bank it will take 2-3 working days to get credited I have used it it’s working fine

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36 Comments  |  
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Deal Subedar
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How can silver be transferred to bank? Don’t we need to sell this silver and bear 5-6% loss on buying price and then pay 2% fee also to transfer this amount to bank?

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Their is no transferring fees

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Only at the time of buying their are gateway charges

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sardasa wrote:

How can silver be transferred to bank? Don’t we need to sell this silver and bear 5-6% loss on buying price and then pay 2% fee also to transfer this amount to bank?

yes exactly
2% gateway charges then 3% gst charges
I had accumulated augmont silver in july amazon loot. Had purchased for 3200 amazon pay. As silver price has increased since last few weeks , I manage to extract 3450 Rs from 3200 but i had only purchased that time as amazon was locking gvs.

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goelamit wrote:

yes exactly
2% gateway charges then 3% gst charges
I had accumulated augmont silver in july amazon loot.
Had purchased for 3200 amazon pay as silver price has increased since last few weeks.
I only manage to extract 3450 Rs from 3200 but i had only purchased that time as amazon was locking gvs.

Still not bad brother I still have thousands lying in accounts from july

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gourd480605 wrote:

Only at the time of buying their are gateway charges

bro while purchasing silver you will also have to pay 3% gst which you will not get while selling

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It will cost u around 8% if u buy and sell instantly.
I just did and it cost me around 8%.

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Also their buy and sell prices will be different so consider that loss too

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App is owned by a company and not a fraud and you can rely on it

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manyfacegod wrote:

It will cost u around 8% if u buy and sell instantly.
I just did and it cost me around 8%.

flushed flushed
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Those who are in need of money and who has thousands off ruppes in amazon can transfer it easily and 4% is not a great deal

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goelamit wrote:

yes exactly
2% gateway charges then 3% gst charges
I had accumulated augmont silver in july amazon loot. Had purchased for 3200 amazon pay. As silver price has increased since last few weeks , I manage to extract 3450 Rs from 3200 but i had only purchased that time as amazon was locking gvs.

So total 5%, any other loss while selling?

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manyfacegod wrote:

It will cost u around 8% if u buy and sell instantly.
I just did and it cost me around 8%.

yes for 100 rs silver you have to pay 102 from amazon pay and you will get approx 94.5 in bank

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AJ89 wrote:

So total 5%, any other loss while selling?

bro its around 7% total loss.

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I Think One Can Buy Silver And Wait For Silver Prices To Go Up And Then One Can Sell It With Some Profit.

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gourd480605 wrote:

App is owned by a company and not a fraud and you can rely on it

What can I conclude from your statement?
Company can’t be Fraud? Individual can.

I am not saying that company is fraud, but the logic given by you does not support your hypothesis.

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Too much hassle and loss, need a more direct way.

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Keeping pay balance in accounts is more valuable than transferring it to bank. xD
Trust me.

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delete

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Amazon gv at 25% discount? Where?

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kirandr221996 wrote:

My thought
Amazon pay balance is actually 25% lower value
We can easily get Amazon gv at 25% discount.
So even if they charge 10% for bank transfer it is profitable

Amazon themselves give 30% CB on gift voucher.(upi first )
So 10% is profit for us.

Where can we get amazon gv @ 25% discount.
Either give me the place where to buy amazon gv or the place you buy ☘️☘️

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kirandr221996 wrote:

My thought
Amazon pay balance is actually 25% lower value
We can easily get Amazon gv at 25% discount.
So even if they charge 10% for bank transfer it is profitable

Amazon themselves give 30% CB on gift voucher.(upi first )
So 10% is profit for us.

30% flushed flushed flushed flushed flushed

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kirandr221996 wrote:

My thought
Amazon pay balance is actually 25% lower value
We can easily get Amazon gv at 25% discount.
So even if they charge 10% for bank transfer it is profitable

Amazon themselves give 30% CB on gift voucher.(upi first )
So 10% is profit for us.

I think you missed a decimal point in between 2 and 5 stuck_out_tongue_closed_eyes

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kirandr221996 wrote:

My thought
Amazon pay balance is actually 25% lower value
We can easily get Amazon gv at 25% discount.
So even if they charge 10% for bank transfer it is profitable

Amazon themselves give 30% CB on gift voucher.(upi first )
So 10% is profit for us.

How to roll a perfect joint ?

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kirandr221996 wrote:

My thought
Amazon pay balance is actually 25% lower value
We can easily get Amazon gv at 25% discount.
So even if they charge 10% for bank transfer it is profitable

Amazon themselves give 30% CB on gift voucher.(upi first )
So 10% is profit for us.

25% discount Kaha Vai ??
Muje ager 5% pe vi mill Jaye to hum lucky man lete hey.

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kirandr221996 wrote:

My thought
Amazon pay balance is actually 25% lower value
We can easily get Amazon gv at 25% discount.
So even if they charge 10% for bank transfer it is profitable

Amazon themselves give 30% CB on gift voucher.(upi first )
So 10% is profit for us.

REMOVED WITH WARNING

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kirandr221996 wrote:

My thought
Amazon pay balance is actually 25% lower value
We can easily get Amazon gv at 25% discount.
So even if they charge 10% for bank transfer it is profitable

Amazon themselves give 30% CB on gift voucher.(upi first )
So 10% is profit for us.

Dry day se ek din pehle! 😂

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Thanks to Magicpin old days when I accumulated about Rs 5000 at 0 cost smile

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