![[MASSIVE HACK] How to get up to 10% Cashback/Rewards on Gold purchases using this Merchant Category Code (MCC) glitch!](https://preview.redd.it/xhaxm1o8v92h1.png?auto=webp&s=4b1cc621da078be6a796294d56d05a9b5abe3c7f)
[MASSIVE HACK] How to get up to 10% Cashback/Rewards on Gold purchases using this Merchant Category Code (MCC) glitch!
As most of us credit card geeks know, buying gold or jewelry usually gets heavily excluded from reward points or milestone spends by almost all major banks.
However, I stumbled upon a massive loophole that bypasses the "Jewelry" MCC restriction entirely and tags the transaction under Apparel instead, allowing you to rack up massive cashback.
Here is exactly how the trick works, step-by-step:
🛠️ The Myntra x PhonePe UPI Trick
The secret lies in purchasing gold via Myntra (specifically digital gold or SKUs like Mia by Tanishq) using a very specific payment routing method:
- Use a Desktop Browser: Do not use the Myntra mobile app. Log into the desktop website.
- Select "Scan & Pay": When you reach the checkout/payment page, choose the "Scan & Pay" option.
- The Gateway: This action forces open the PhonePe Payment Gateway interface.
- Complete the Payment: Use any Credit Card (Visa, Mastercard, or RuPay) to pay via that gateway.
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Because of how the PhonePe gateway handles the desktop routing for Myntra, the transaction gets tagged under the Apparel MCC.
💰 The Effective Rates (Massive Savings)
Since the bank sees this as a clothing/apparel purchase, you get full reward rates. Here is what you can get if you use the right cards:
- Equitas Selfe: (5X rewards on the Apparel category $\rightarrow$ roughly ~10% value back at Diamond Tier). Brings 1g down to ~₹14.39k basis todays' market price.
- Axis Flipkart Credit Card: Gives ~7.5% cashback on Myntra. Brings 1g down to ~₹14.8k basis todays' market price.
- SBI Cashback / PhonePe Select: Gives a flat 5% cashback. Brings 1g down to ~₹15.2k basis todays' market price.
Make the most of Blinkdeal offer on MYNTRA with your favorite credit cards.
Note: If you want to be 100% sure before doing a massive transaction, you can do a small test run and call bank customer care 2-3 days later to confirm the MCC assigned to the settlement.
🧪 Want to test it out?
If you want to try the trick with a low-value item first to ensure your specific card is tracking it as apparel, you can test it on this lowest-priced Mia by Tanishq 1gm SKU:
Mia by Tanishq 1 Gm 🔗- https://myntr.it/q6SET64
💳 Don't have these cards yet?
If you want to maximize this loop before it inevitably gets patched, you can apply for the best-suited cards directly using the fast-track links below:
- Equitas Selfe Credit Card: https://linkzip.in/rp/Mneyn-_uhj
- Flipkart Axis Credit Card: https://linkzip.in/rp/FWx5mvlpmU
- SBI Cashback Credit Card: https://linkzip.in/rp/EuPSV8eU5n
- BoB Eterna Credit Card: https://linkzip.in/rp/gQQwIR7hLe
Let me know if you guys try this out or if you find any other cards that give insane multipliers on apparel!
P.S: Enjoy until this loophole continues on gold purchase through credit cards
