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by zaatar 3461 days ago
Do cashback charge cards exist in India and are they popular?

The fees are 1 rupee for every 2000 rupees (i.e. 0.05%), so with a 1% cashback card, each time I were to charge 2000 rupees, I would get back 20 rupees, but pay out 1 rupee in fees to Snapdeal, making a profit of 19 rupees. Repeat 1000x per day, I'm now earning 19000 rupees a day, sitting at home.

I guess Snapdeal won't deliver 1000x per day to the same address, and perhaps 1% cashback cards don't exist to begin with ...?