PhonePe is one of the most used UPI apps in India. There are several Point of Sale (POS) terminals that accept payment via PhonePe and online merchants where you can also avail attractive cashback when you pay using your PhonePe wallet.
However, it is not possible to directly add money through credit card to PhonePe. Thus, it can be a tad inconvenient. However, there is a possible way by which you can overcome this hassle and still use the convenience of both your credit card and PhonePe wallet. First, you have to add money using your credit card to a supporting digital wallet and then transfer money from that wallet to your PhonePe wallet. Let’s take a closer look at the steps involved.
Step-by-Step Guide to add money on PhonePe wallet using a Credit Card?
Step 1: Open PhonePe App and log in.
Step 2: Now click on My Money tab at the bottom.
Step 3: Link your FreeCharge, Airtel Money or JioMoney Wallets using OTP verification.
Step 4: Go to the linked wallet app and add money using a credit card
That’s all. Here you go. After a partial KYC (by entering your Pan card or voting card), which takes less than a minute, you can add money using a credit card to any of the wallets mentioned above like FreeCharge, JioMoney, or Airtel Money.
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What Is Credit Repair?
Credit repair involves rebuilding your credit health to a level where you become eligible for loans.
What Is A Credit Report?
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What Is A Credit Rating?
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What Is A Bad Credit Score?
A bad credit score is generally one that is less than 650. A credit score is a three digit number in the range of 300-900
Is A Credit Score Of 850 Good?
Yes. In fact, a credit score of 850 is very good! Most lenders look for a minimum credit score of 750 to approve loans
How To Improve CIBIL™ Score ?
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Is A Credit Score Of 800 Good?
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How To Get A Free Credit Check?
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Good CIBIL™ Score For Loans ?
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What Is The Average Credit Score?
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How Much Does Credit Repair Cost?
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What Is The Best Credit Score To Have?
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Can I Get A Loan With A Credit Score Of 700?
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Can I Get A Loan With A Credit Score Of 650?
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Can I Get A Loan With A Credit Score Of 600?
It is not likely that you will get a loan with a credit score of 600. Most banks look for a minimum score of 750
Can I Get A Loan With A Credit Score Of 550?
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FAQs
Tap PhonePe Wallet under the Payment Methods section. Enter the amount you wish to add to your wallet. Select the mode of payment as UPI/Debit Card/Credit Card. Note: You can't use a prepaid card for wallet top-ups.
Can I transfer money from my credit card to PhonePe? ›
Transferring Money from Credit Card to PhonePe
Transferring money from our credit card to your PhonePe account is easy. Go to the 'My Money' section on the PhonePe app, select 'Bank Accounts' and then 'Add New Bank Account'. Choose 'Credit Card' as the account type, enter the card details, and confirm the transaction.
Can I transfer money from my credit card to my UPI? ›
To use a credit card for UPI payments, you typically need to follow these steps: Ensure your credit card is eligible for UPI transactions. Download a UPI-enabled app from the app store, such as Google Pay, PhonePe, or your bank's mobile app. Register and link your credit card within the app.
How do I add money to my wallet from my credit card? ›
Open the Paytm app and log in to your account. Go to the 'Add Money' section on the home screen. Enter the amount you want to add to your wallet and select the 'Credit Card' option. Enter your credit card details, including the card number, expiry date, and CVV.
How do I add an international credit card to my PhonePe? ›
How to add your credit card to PhonePe and other UPI apps
- Open the UPI app. The first step is to open the UPI app on your smartphone. ...
- Go to the Payment Options. ...
- Select Credit Card option. ...
- Enter your credit card information. ...
- Verify your credit card. ...
- Set up a payment PIN. ...
- Add money to the wallet.
PhonePe may charge Users a PhonePe Wallet loading fee(s) based on the instrument of choice and the details of the charges shall be displayed to the Users upfront while loading their PhonePe Wallet. A convenience fee is charged for credit-card based loading ranging from 1.5% – 3% + GST.
How to use credit card for UPI payment in PhonePe? ›
How will you Link Credit Card & Add Money with UPI to PhonePe
- Step 1: Download and Install PhonePe. ...
- Step 2: Sign In or Register. ...
- Step 3: Access the "My Money" Section. ...
- Step 4: Add a Credit Card. ...
- Step 5: Verify Your Credit Card. ...
- Step 6: Set UPI PIN. ...
- Step 7: Link UPI with Credit Card. ...
- Step 8: Add Money with UPI.
Here is how to link UPI with a Credit Card:
- Step 1: Create a UPI account on Paytm Google Pay or PhonePe. Begin by downloading a UPI application, such as Paytm, Google Pay or PhonePe from the Play Store or App Store. ...
- Step 2: Add or link your Credit Card. ...
- Step 3: Create your UPI PIN.
Sending money with a credit card can be convenient, but it typically comes with fees and higher-than-usual interest rates that can add up for big transactions. Apps like Cash App, PayPal and Venmo allow you to send money through their platforms with a credit card, while Apple Cash, Google Pay and Zelle don't.
Can I transfer money from my credit card? ›
If you do need to transfer funds into your bank account, one option is to use a credit card with a money transfer facility. This can be useful for paying off short-term debt, such as a small overdraft or if you need a little extra cash in your account to pay unplanned expenses.
MobiKwik app is the safest of all the platforms to transfer your money from credit card to bank account with bare minimum charges.Do a quick online money transfer with MobiKwik, just download the app or log in to the website and follow the given steps.
Can I add money from my credit card to Paytm? ›
Log into your Paytm account and click on 'Paytm Wallet' icon towards the top right of the page. Enter the amount you want to add and click on 'Add Money' You can choose to add money via Credit/Debit card, Net Banking or UPI. You will be redirected to a secure payment page where you need to provide payment details.
How do I send money from my credit card to PhonePe? ›
To add money to your PhonePe Wallet:
- Tap your profile picture on the PhonePe app home screen. Tap PhonePe Wallet under the Payment Methods section.
- Enter the amount you wish to add to your wallet.
- Select the mode of payment as UPI/Debit Card/Credit Card. ...
- Tap Topup Wallet.
Can PhonePe be used internationally? Yes! When activated for international use, you can use PhonePe to make QR code payments from your Indian bank account to select merchants abroad. Here's a guide to using PhonePe to make international payments when traveling abroad.
How to send money from credit card to UPI? ›
Make Payments through UPI with your Credit Card
Step 1: Scan a QR Code or enter the receiver's UPI details. Step 2: Tap on 'Pay' and enter the amount. Step 3: Choose to pay with your credit card amongst the payment options. Step 4: Submit your passcode.
Can money be transferred from credit card? ›
Yes, you can transfer money from a credit card to a bank account in multiple ways. You can do it online or via direct transfer methods such as phone calls, ATMs, or cheques.
How do I transfer money from my credit card to Google Pay? ›
Step 1: Open the Google Pay app on your phone. Step 2: Proceed to the 'Payment Methods' tab and fill in the credit card information. Step 3: Click on the 'Proceed to Verification' link to be directed to the verification page and complete the verification by following the instructions.
How to transfer money from credit card to Paytm? ›
Log into your Paytm account and click on 'Paytm Wallet' icon towards the top right of the page. Enter the amount you want to add and click on 'Add Money' You can choose to add money via Credit/Debit card, Net Banking or UPI. You will be redirected to a secure payment page where you need to provide payment details.
