Phonepe Cashback Bank transfer trick,Phonepe Cashback Trick,Phonepe Bank transfer Trick-Hello guys today i am here with phonepe Bank transfer trick , you might know about Phonepe Gold offer.Phonepe recently launched Gold sell and buy feature and also offering Rs.100 cashback for purchasing Gold Worth Rs.1000.Now we can use this to Transfer Phonepe cash into bank Account How? let'see
About The Trick:-
In this trick, we gonna Buy Gold from Phonepe wallet cashback balance and than sell the gold.The amount now will directly credit to your bank account.as we know selling price is always less than Purchasing Price for Gold.if you buy Gold worth Rs.1000 than you can sell it for Rs.941 and as a offer you will get Rs.100 Cashback too so using this you have transferred Rs.941 to the bank account and Rs.100 as Cashback so the total benefit is still rs.1000-941+100=59Rs.
Now let's see the Complete process to Transfer the Phonepe Cash into bank account.i will suggest you to buy Gold worth rs.1000 to overcome the different of Buy/sell with the Cashback.
How To Transfer Phonepe cashback Into Bank Account:-
If you don't have Phonepe App then install it Right Now Because you will get Rs.125 on Signup and Rs.75 off on your First Recharge and Rs.100 cashback On your First Scan n Pay Transaction so Overall Rs.300 Benefits.If you don't have UPI Bank Account Read this
Download Phonepe App Now - Download Phonepe
- on the home screen, See for “Gold” icon at the bottom side.
- Enter Amount of which you want to Buy Gold Minimum Rs 100 and Click on Buy(Rs.1000 Suggested)
- Pay the amount using Credit/Debit Card, UPI or Wallet balance.
- Done! You will Get Rs 100 Cashback into your PhonePe wallet Instantly. (Proof Below)
- Now Sell your gold (it will give Rs 942), Just Goto >> Gold >> Manage my 24k Gold >> sell gold >> Done !! So Totally you will get the Rs 42 for Free
Terms & Conditions:-
- Flat ₹100 Cashback on 1st Gold Purchase transaction
- Offeris applicable on minimum Gold purchase transaction of ₹1000
- Offeris applicable only once per PhonePe registered customer
- Offer is applicable on both iOS and Android devices.
- The offer is applicable on all payment modes.
- The offer is valid only once per Bank Account, Credit Card and Debit Card.
- Cashbackwill be credited into your PhonePe wallet within 24 hours of successful completion of the transaction.
- Cashbackcan be used for recharges, bill payments, merchant and gold transactions across PhonePe
- Cashbackcredited to a user cannot be withdrawn to any linked bank account or transferred to other users.
- If the offer overlaps with other existing offers, the maximum of the offers is applicable.
- Thetransaction must be initiated and completed by the user within the PhonePe app
- PhonePehas the right to amend the terms & conditions, end the offer, or call back any or all its offers without prior notice.
- In a case of dispute, PhonePe reserves the right to a final decision on the interpretation of these Terms & Conditions
- If you have exceeded the monthly wallet transaction limit of ₹20,000, the cashback amount will be credited to your wallet on the first day on the following month