UBER GIFT CARDS - WHY TO PURCHASE ?

UBER GIFT CARDS - WHY TO PURCHASE

I WAS WONDERING FOR A LONG TIME NOW AS WHY TO PURCHASE GIFT CARDS FOR UBER IF THERE EXISTS ALREADY CASHLESS PAYMENT METHODS IN THE UBER APP ITSELF.

PAYMENTS IN UBER APP INCLUDES

1. PAYTM
2. CREDIT / DEBIT CARD
3. CASH
4. UPI 
5. GOOGLE PAY
6. AND OFF- COURSE THE GIFT CARD

I WAS NOT ABLE TO GET THE FACT AS WHY TO PURCHASE THESE GIFT CARDS AVAILABLE IN MARKET TO USE ON UBER APP

FOLLOWING MAY BE THE REASONS 

1. GIFTS RECEIVED FROM EMPLOYER 

Gift, voucher or token received by an employee or member of his household on ceremonial occasion or otherwise from the employer, is not taxable provided the value thereof is less than Rs 5,000 during a financial year. The ceremonial occasion could be birthday, anniversary of employee, festivals, etc. If the value of such gift/ voucher/ token is Rs 5,000 or more, the full amount is treated as taxable salary in the hands of employee Further, any gift received in cash or convertible in money (cash cheque) from employer shall be fully taxable income in the hands of the employee. 

2. FLEXIBILITY

        CAN BE USED ON UBER RIDES AND UBER EATS AS WELL.

3. DISCOUNT

         THE UBER GIFT CARD CAN BE PURCHASED FROM THE FOLLOWING

1. PAYTM  - PAYTM LINK
2. WOOHOO - WOOHOO UBER GIFT CARD
3. AMAZON - AMAZON PAYMENT

APPROX 2% TO 3% DISCOUNTS ARE GIVEN FOR PURCHASE OF THESE UBER CARDS WHICH HAVE 3 YEARS / 36 MONTHS OF EXPIRY.

DISCOUNTS ARE SOME TIMES RESTRICTED TO USING DEBIT CARDS / UPI / 

NET- BANKING ONLY. 

DISCOUNTS ARE NOT GIVEN ON CREDIT CARD TRANSACTIONS

REFER TO TERMS AND CONDITIONS PRIOR GOING FORWARD AS THESE TERM AND CONDITIONS KEEP ON CHANGING 

4. CASHLESS TRANSACTIONS ON CASHED RIDE.

             THIS IS THE BIGGEST ADVANTAGE OF UBER CREDITS WHICH ARE ADDED USING UBER GIFT CARDS. 

              HIRE GO / HIRE PREMIER / INTERCITY RIDES ARE BOOKED USING CASH AS THE ONLY PAYMENT FOR INDIVIDUAL PROFILES [ EXCEPT FOR CORPORATE PROFILES ] .

               THAT MEANS EVEN IF YOU HAVE DEBIT / CREDIT CARD / UPI / PAYTM AS PAYMENT METHOD , YOU CANNOT BOOK THE RIDE . PAYMENT OPTION HAS TO BE IN CASH. WHEN THE RIDE FINISHES THE AMOUNT OF RIDE WILL BE DEBITED FIRST FROM UBER CREDITS AND THEN BALANCE / ARREARS WILL BE PAID IN CASH BY THE RIDER TO THE DRIVER.

THIS IS BY FAR THE BIGGEST ADVANTAGE OF CONVERTING A "CASHED TRIP" INTO A "CASHLESS TRIP" 

MY "CASH RIDE" OF 711.46 /- WAS SPLIT IN UBER CREDITS LOADED FROM UBER GIFT CARDS AND BALANCE WAS PAID IN CASH.

UBER CREDIT AS PAYMENT OPTION CAN BE SWITCHED ON AND OFF ON PAYMENTS PAGE IN UBER APP AND UBER EATS APP ALSO.

5. EARNING OF JP MILES [ JET AIRWAYS LOYALTY PROGRAM]

            WOOHOO IS A MEMBER OF JETPRIVILEGE OR JP MILES. PURCHASE OF UBER GIFT CARDS USING SHOP.JETPRIVILEGE.COM AND THEN PROCEEDING FURTHER TO BUY GIFT CARDS ON WOOHOO WILL GIVE YOU ADDITIONAL JP MILES AS PER TRANACTION. UBER GIFT CARDS PURCHASED VIA THIS METHOD WILL GIVE YOU ADDITIONAL 2 JP MILES PER 100 RUPEES SPENT OTHER THAN THE CREDIT CARD POINTS.

WHAT DO YOU THINK WHETHER YOU WOULD USE UBER GIFT CARDS NEXT TIME ??