How to convert/transfer payback points to bank account?
Guys, i read somewhere payback points can be transferred to bank through mobikwik-mypoolin route.
But can someone explain me the process to do it exactly..
@A2Zdeals, @GoogleCA, @rajrocks, @avgn, @DealSeeker – tagging some senior/experienced dimers in case they know abt it.
I have 59K points total (around Rs 14.7K)
- Sort By
Anil bhai not working at engg now 
@thinktank
Redeem at woohoo
and how do i send to bank?
so no option from mobiwkik-mypoolin app route??
Wait for Jimmy response
I guess the simplest option wld be to convert payback into mobikwik and then jst trade on 1:1 basis for paytm with someone in need.
But the hardest part is to find that someone.. 
You can’t transfer that money as it will be taken as CB by Mobikwik.
@hiteshparmar.007104 Their app is bullshit. UPI transfer failing every time.
Upi is shit
Phonepe not working
Instamojo also not a bad option, about 3.5 ℅ charges
op redeem in oxi or mobi n pay bills bro. y so much headache.
+1 Redeem partially in Mobikwik and pay electricity and other utility bills .
May also get 2-3 % cashback
So final verdict :
Ebay : zero ℅ charges (benifit too )
Instamojo : 3℅ charges plus some government charges, total charges approx 3.5℅
Thanks for all ur suggestions and guidance..As i see, I have very limited and unpleasant options to convert PB points to my bank money.
I hv no friend on ebay as a seller – so out goes that option… 3.5% charges on Instamojo – nope not paying for it..And i dnt want to use it on Mobikwik as max pts conversion from.PB to Mobi is 4000 pts which is like Rs 1000…It wld take me 15 months to redeem them on mobi..
So i am now thinking if I can buy Central GVs from mall using payback pts..Any idea?
Did anyone try to redeem payback points through pockets app ?
There is option within services section – Loyalty rewards
But whenever I try, it shows no payback account linked to your mobile number, though it is linked.
Redemption in Woohoo is not longer available. However, Oxigen wallet also offers redemption and Amazaon GV upto Rs.5000 is available.
u cant buy gc’s using cb and payback to oxi amt is cb.
Sorry for late reply, I was busy with studies. I don’t have much idea about transferring payback points to bank. You can try mobikwik to instamojo to bank but it has high commission (3.4% or something)
Other option is to load into mobikwik and buy tc gcv from shopclues or buy amazon gcv through gift on the go.
Don’t use mobikwik lite, zakpay will hold ur money.
You can always make multiple mobikwik accounts using parallel space and load payback points since it has some limits.
y can’t u use shopclues to buy ticket compliments card thru mobikwik??? 
@hiteshparmar.007104
He can’t because monthly he can redeem only 4k points through mobikwik(1k INR)
Best bet would be buying gift cards from eBay or purchasing electronics from ezone online or bigbazaar
Cc:@jimmymanda266
i get lot of payback points every month via my ICICI credit card (Intl useage get points more than domestic useage )
I spend it in Bigbazzar only in grocery every fortnight . (say rs 2000 spent= 8000 points used).
In ebay you can buy using payback points. if you create a account with your payback linked no – ebay will show payback point option.
yesterday I got a shock when I created a new Mobikwik account with my no linked to payback. Mobikkwik asked whether I want to convert my packback points to Mobikwik wallet balance. of course I declined. I dont know whether it is possible to transfer back. I never do.
I accept inward paytm transfers from many for various reasons – so my paytm balance is more which I use for shopping /grocery/ petrol etc.
i dont trust all wallets beyond a point. so max 1k-5k only for spending for convenience or getting a discount.
Link to oxigen. Reedem points. Create vcc and buy tc card from shopclues (out of stock right now). U can also buy from gci website. Now load any ewallet that allows bank tfr (u know very well). If oxiegn not allowing vcc, redeem mobikwik and buy from sclues.
You cannot create oxi vcc using cashback/payback points redemption amount
Now ,I am also in the same boat 
, have 38k points. Any trick???
Do as I say. Redeem at oxyigen and order something at shopclues , then cancel it. Your amount will be refunded . now you can create vcc and enjoy it. 
futurepay allows linking of payback account and payment
@karthi4052752 : Did you try oxigen method?
I too have 38K Payback points and need the best ideas to redeem. Mobikwik shows Rs 9500 value but will convert only upto Rs 1000 per month.
@@anilegworks@@
@jimmymanda266