for the folks who mentioned you can’t pay off one cc with another -
ok hear me out, what if i put the money to my demat account (say groww), and refund it to a saving account - now i use the saving account to pay for the cc debt and the cycle continues
or or - i order something on amazon/flipkart, and cancel it and request the refund to a saving account and keep on it
Earlier post: https://share.gvine.app/mKgXzXS9SYbE7seU8
Etna dimag interview crack krne me lagayega toh ye sb sochna nahi padega.
ps: interview mile toh na, refer me if you have connections in consulting firms or nice startups
Bhai, your idea is like a Bollywood movie, full of twists and turns. But remember, "Har kahani mein twist nahi hota". Stick to the straight path.
@LastBrother haha, def not going to do this but seriously - if it is doable, you can escape the crazy interest rate in dire times. ofc you'll have to pay it one day - you're just delaying the payment without incurring interest
Amazon/ Myntra will only give refunds in the source account or wallet.
Point 1 doesn't work anyway.
can’t we pay cc bill from wallet?
another note: not sure if this works now, but read from a source from 2020 - to put money from cc to demat acc, you can first put money in airtel payment bank - use airtel virtual debit card - add money in paytm payment bank acc -> transfer money to any account (no fee charged) @BiryaniEnthu @l0calh0st
Paytm payments bank doesn't exist now. Maybe that's why
Demat account (I use Zerodha) doesn't allow CC or cards as payment option. Only netbanking and UPI
rupay card? no?
ok, then case 2, e-commerce giants
is that possible? if not, isn’t it a loop hole?
no crazy interest
borrow monei from c1-pay with c2 when billed and clear it-pay c2 with c1 when billed-continue until you can pay the whole thing off without any interest
context: i posted how one can use one cc to pay for another cc and keep on passing debt without incurring interest
found this on reddit
so - it can be done huh! who’s laughing now bwahahahahahaha
I will complete 3 years as a professional soon. Quit a Big4 to join a startup for better pay and faster growth but despite putting in my best work and leading initiatives, going above and beyond all the time, my peers are all earning bet...
I used the Axis Magnus CC well but now since the devaluation, wondering if I should switch to something better. Is there anything that provides equal if not better benefits?
Monthly income ~2L Monthly spends ~50k-1L
Hey, how many of you pay rent through credit card? Which platform you all use ? What is the benefit you get from platform? Like points or coupon.