Now that the holiday season is over, I know I'm not alone in feeling like the purse strings are more than a little tight! My Visa bill from last month is honestly probably longer than Santa's naughty or nice list and lets say I'm not thrilled about it.
But there is a silver lining to the overwhelming holiday debt! This app I've recently discovered is here to come in clutch and basically save the rest of my financial year. It's basically an app that turns your bills into points which you can redeem for lots of different things - like groceries, Uber and a lot more!
The app is called Paytm Canada and it's honestly on its way to becoming my go-to app. You pay all your bills through the app, like your credit card bill, phone bill, internet etc., and by paying your bills through the App you get Paytm Points that can be redeemed for free or discounted rewards!
The way it works is super simple; first you add your credit card info, link your bank account or add virtual cash to the app and then you can make a transaction with any of the over 5,000 providers available on the Paytm Canada app and start earning rewards! With every transaction you earn points called Paytm Points and they can be redeemed for free rewards or discounts from huge brands like Tim Hortons, Netflix, Cineplex, Esso, Skip The Dishes and many more.
The points can even be converted into Paytm Cash which can instantly be used to pay further bills or to send cash Canada-wide. Say goodbye to e-transfers and those annoying fees!
So what are you waiting for? For every bill you're not paying through the app, you are essentially saying you don't want to be rewarded. It's a no-brainer. And, don't forget to refer a friend - any user who gets a new friend to pay a bill through the app will get 5,000 Paytm Points and that new user will also receive 1,000 welcome points!
For a limited time, you can even get 5x the Paytm Points when you pay off your credit card bill with Paytm Canada! Here’s how their latest promotion works:
- From January 8th to February 8th every dollar that you pay towards a credit card bill will earn you 5x Paytm Bonus Points.
- 1 Paytm Point for every $1 spent on a credit card bill payment will be credited instantly, and the 5x Bonus Points will be credited to your Paytm account on February 15th.
- For example: a $500 credit card bill payment will earn you 500 Paytm Points instantly, and a *bonus* of 2,500 Paytm Points will be collected into your Paytm account on February 15th.
- You will earn 5x Bonus Paytm Points on a $1,000 credit card bill payment for a maximum of 5,000 bonus Paytm Points.
- Collect Paytm Points faster and redeem them for FREE or discounted e-gift cards from popular brands like Starbucks, Uber Eats, IKEA, Indigo, Sephora, and many more.
- Read more about the promotion here.