Convert monthly minimum 2000 from rupay credit card to bank without paying to shop (no charges)

Hello,rupay credit card users. You can convert monthly 2000 from your Rupay credit card to a bank without any charges. This trick will be helpful for Monthly paycheck people and emergency small fund needers. As an additional benefit, you will get a minimum of 50 days(based on the credit card bill payment cycle) interest-free amount. Don’t forget to read the pro tip mentioned at the bottom of the section.

Rupay Credit card vs VISA credit card:

India’s Rupay credit card allows users to link their card to upi. Based on this feature we can get cashback in three ways. One is when we pay using Scan and Pay, a few apps give cash back. Another way is to get cashback on repayment. So paying and repaying both give cash back. Additionally, we can get reward points for each payment. But you should do a minimum transaction of some amount.

Let’s talk about the competitor visa credit cards. Visa introduced a tap-and-pay option for its users. If you use 200 on merchant tap and pay with mobile you get 200 rs instantly. However, not all mobile phones have tap-and-pay technology(Apple, Samsung, and a few mobiles have this option).

If you don’t have a Rupay credit card  apply here

Requirements:

1. Rupay credit card and it should be linked with UPI.
2. Anyone merchant account(Gpay/Phonepe/Paytm)
3. If you don’t have a merchant account create one.

Note:

There will be a 2% charge if you are accepting more than 2000.

Steps to follow:

1. Open your Merchant payment app
2. Click the menu and go to payment sources & charges
3. Click Rupay credit card
4. enable Rupay credit card
5. go to the QR code  section
6. download and share the QR code to your second number
7. Open any payment app from your second number
8. Scan the QR and pay (don’t pay more than 2000)
9. after your payment, go to your merchant app and click settlements
10. click withdrawal, That’s it you transferred 2000 to your bank without any charge.

Benefits:

1. If you have 3 merchant accounts you can convert 6000 per month.
2. The amount you converted is interest-free for up to 50 days based on your credit card bill payment date.
3. For repayment also you will get cashback(use cred or cheq app)
4. You can use this trick for completing merchant cashback offers from apps like Paytm.

Pro tip:

Create multiple business accounts if possible and try to convert on each.

Conclusion:

1. Rupay credit cards are best for your local spending.
2. All apps give merchant payment offers each month, so utilize this trick to earn cashback monthly.
3. As a merchant, you will get a cashback offer for accepting payments. If the payer and payee are your two accounts you get a reward for both payment and accepting.
4. Few apps give cashback for linking Rupay credit cards this is a bonus for new users.
5. It will help build a CIBIL score for doing transactions on your credit card and repaying.
6. Rupay credit card gives additional offers check their official offer page

Visit all credit card repayment offers here. Add your cashback earnings and difficulties on this loot in the comment section. Check the latest recharge and bill-payment offers here. There’s a dedicated Telegram channel to post the latest deals and offers, join.