Expired Hot Deals

[Paytm] 2% cashback + promo codes on various billers + student/alumni signup discount

  • Last Updated:
  • Jan 27th, 2019 11:23 pm
[OP]
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Sep 25, 2005
6703 posts
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North York
The important part is now you can pay your property tax, hydro bills, phone bills etc. normally not accepting credit card as payment, via your favourite credit card. And if you have a 4% card, that's a lot of extra bucks in your pocket!
Last edited by DragonRider on Jan 16th, 2018 7:34 pm, edited 1 time in total.
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Feb 11, 2009
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Toronto
WhatADeal! wrote:
Jan 16th, 2018 7:34 pm
Guys, forget about the $20, that's just to cover the PayTM fees so your transactions can be free of charge.

The important part is now you can pay your property tax, hydro bills, phone bills etc. normally not accepting credit card as payment, via your favourite credit card. And if you have a 4% card, that's a lot of extra bucks in your pocket!
OP. There is no 2% fee for using MasterCard as stated.
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Apr 8, 2008
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Scarborough
Here's the giant thread about it in case this is new to some folks
https://forums.redflagdeals.com/paytm-p ... d-2087891/


I personally don't use it has I haven't read into all the details yet, just thought the above thread would help
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Apr 18, 2017
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Mississauga
will paytm count towards a category for tangerine mastercard?
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Jan 27, 2006
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Vancouver, BC
Anyone know of a link to the list of billers?

Also, how do these guys stay in business especially if you use your credit card? They pay you 2% and then they pay Mastercard 2% (or more)... I don't see many of the billers giving them money to facilitate the payment.
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Mar 18, 2009
1400 posts
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Renous
L4cky wrote:
Jan 16th, 2018 7:33 pm
So RWE works? No fees ? Means U get 2% of RWE Mc and 2% from this? 4%?
Looks right to me! Bonanza!
Arrow wrote:
Jan 16th, 2018 7:34 pm
How do they make money when they have to pay Mastercard fees and YOU 2% cashback?
Good question... targeted ads maybe?
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Feb 11, 2009
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craftsman wrote:
Jan 16th, 2018 7:38 pm
Anyone know of a link to the list of billers?

Also, how do these guys stay in business especially if you use your credit card? They pay you 2% and then they pay Mastercard 2% (or more)... I don't see many of the billers giving them money to facilitate the payment.
You can pay any biller you can think of. You can use MasterCard to pay anything like utilities or property taxes.

Anything else like paying off your credit cards, etc can be paid using your bank account and still get the 2% cash back
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May 2, 2007
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I believe you can still pay your bills with MasterCard and avoid the cash advancement fee.

Alternately you can just pay bill out of your chequing account. Free $20. Why not
Deal Addict
Apr 24, 2003
2651 posts
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Toronto
L4cky wrote:
Jan 16th, 2018 7:33 pm
So RWE works? No fees ? Means U get 2% of RWE Mc and 2% from this? 4%?
Yes, correct.
Deal Addict
Nov 6, 2015
1489 posts
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Oakville
Convenience fee for AMEX is 3%. Still, the net fee of 1% beats Plastiq. Paid $1000.
Deal Addict
Feb 16, 2014
1518 posts
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Hamilton
Can I pay for my morgadge for next month? My mortgage was due yesterday.

Does it have to be for billing period for the month of January?
[OP]
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Sep 25, 2005
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tester85 wrote:
Jan 16th, 2018 8:05 pm
Can I pay for my morgadge for next month? My mortgage was due yesterday.
Does it have to be for billing period for the month of January?
You can pay any bills in advance.
Deal Addict
Apr 24, 2003
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Toronto
tester85 wrote:
Jan 16th, 2018 8:05 pm
Can I pay for my morgadge for next month? My mortgage was due yesterday.

Does it have to be for billing period for the month of January?
You cannot pay a mortgage through Paytm. Property tax is okay though.

It doesn't have to be for January billing period. You can prepay a larger amount if you want.
Deal Addict
Feb 16, 2014
1518 posts
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Hamilton
How does this work? Do I need to tell my bank? How does it pay morgadge?

When do they take out the payment? Like if my morgadge is 16th of every month, how do I setup in paytm?
Last edited by tester85 on Jan 16th, 2018 8:09 pm, edited 1 time in total.

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