Easy Finances: MyMilestonecard make Payment

Managing finances and making payments can be a hassle sometimes. With so many options like cash, checks, debit cards, credit cards, and now digital wallets, it can get overwhelming to decide which mode of payment to use when. However, MyMilestoneCard aims to make the payment process straightforward for you.

MyMilestoneCard is a new payment card launched by Milestone Bank that combines the benefits of a credit card and a digital wallet. With MyMilestoneCard, you can easily make payments both online and offline while earning rewards on your spending. Read on to know more about how MyMilestoneCard can revolutionize your payment experience.

What is MyMilestoneCard?

MyMilestoneCard is a multi-purpose payment card by Milestone Bank that functions as a credit card, debit card, and digital wallet. The card is linked to the MyMilestoneCard app and your bank account/s. Here are some key features of MyMilestoneCard:

  • Acts as a credit card for credit transactions
  • Can be used as a debit card when linked to your bank account
  • Has a digital wallet to store funds and make contactless payments
  • Earns milestone rewards points on every payment that can be redeemed for vouchers, cashbacks, and more
  • Allows easy transfer of funds between your bank account and MyMilestoneCard wallet
  • Enables ATM withdrawals
  • Facilitates domestic and international payments
  • Provides instant spending alerts and expense management features in-app

MyMilestoneCard aims to be an all-in-one payment solution for all your lifestyle spending needs. The card is accepted worldwide, so you can use it for swiping, dipping, or tapping both in-store and online. It is based on the Visa payment network, so MyMilestoneCard is accepted wherever Visa cards are.

How to Get MyMilestoneCard?

Getting a MyMilestoneCard is easy if you are an existing Milestone Bank account holder. Here are the steps to get a MyMilestoneCard:

Step 1: Log in to your Milestone Bank internet banking or mobile banking app.

Step 2: Go to the MyMilestoneCard tab visible on the homepage.

Step 3: Click on the ‘Apply Now’ button and fill in the required details in the application form that appears. This includes your personal details, income details, identity proof, address proof, and existing Milestone Bank account details.

Step 4: Read the terms and conditions carefully and accept them digitally via OTP.

Step 5: Click submit. The MyMilestoneCard application is now complete.

Step 6: The digital MyMilestoneCard will get activated in your Milestone Bank internet banking/mobile banking app within 24 hours. The physical MyMilestoneCard will be couriered to your registered address within 7 working days.

It’s that simple! As an existing bank account holder, you can get the MyMilestoneCard swiftly without much documentation. If you are not an existing Milestone Bank customer, you can still apply for MyMilestoneCard by submiting the required KYC documents and opening an account with Milestone Bank.

How to Activate MyMilestoneCard?

Activating your new MyMilestoneCard is important to start using it for payments. Here is how to activate your physical and digital MyMilestoneCard:

Activating Physical MyMilestoneCard

When you receive your physical MyMilestoneCard via courier, follow these steps to activate it:

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Step 1: Call the Milestone Bank customer service or use the chat option in the MyMilestoneCard mobile app.

Step 2: Provide your MyMilestoneCard details and register your mobile number.

Step 3: Set up a PIN for your card via the IVR (interactive voice response) or as instructed by the customer service agent.

Step 4: Your new MyMilestoneCard is now active for use.

Activating Digital MyMilestoneCard

To start using the digital version of MyMilestoneCard added to your banking app, here is the process:

Step 1: Log in to your Milestone Banking app and go to the MyMilestoneCard section.

Step 2: Your new digital card will reflect with the ‘Activate Now’ button next to it. Tap on it.

Step 3: Set up a secure PIN for your digital MyMilestoneCard and register your mobile number if not done already.

Step 4: Your digital card is now active and ready for use!

Once you activate your physical or digital card, you can immediately start using it for payments via dip, tap, or swipe. The limits and usage of both versions are the same.

How to Use MyMilestoneCard for Payments?

MyMilestoneCard brings the convenience of plastic cards and mobile wallets together in one place. Here are some ways you can use MyMilestoneCard for payments:

1. Tap and Pay with NFC

MyMilestoneCard has an NFC-enabled chip for contactless payments. Simply tap your card on NFC-enabled POS machines to make payments instantly. The tap limit is predefined by Milestone Bank for security.

2. Dip/Swipe and Make Payments

For higher amounts, you can swipe or dip your MyMilestoneCard on POS machines and enter your ATM PIN to authorize payments.

3. Add MyMilestoneCard to Mobile Wallets

Add your MyMilestoneCard to payment apps like Samsung Pay, Apple Pay, or Google Pay. You can then make in-app and contactless payments via your mobile wallet.

4. Pay Online with MyMilestoneCard

Enter your MyMilestoneCard details on ecommerce sites, utility bill payments sites, payment gateways, and other digital transaction platforms to make online payments.

5. Withdraw Cash from ATMs

Use your MyMilestoneCard at Visa-enabled ATMs worldwide to withdraw cash when required. Know the local withdrawal limits before using the card abroad.

6. Scan QR Codes to Pay

Open your MyMilestoneCard app and scan any QR code to instantly transfer funds. This enables quick payments to merchants accepting QR code payments.

7. Pay via Milestone Banking App

Log in to your Milestone Banking app and go the MyMilestoneCard section. You can pay your saved beneficiaries or add a new recipient via UPI payments.

As you can see, MyMilestoneCard equips you with multiple options to make everyday payments using a single card.

Features and Benefits of Using MyMilestoneCard

MyMilestoneCard simplifies payment methods and offers added advantages that you may miss out on with regular debit/credit cards. Here are some great features and benefits of using MyMilestoneCard:

Earn Milestone Rewards Points

The biggest benefit of MyMilestoneCard is the milestone rewards program. You earn points on every purchase, which can be redeemed for cashbacks, movie tickets, flights tickets, donations to charity, and much more. Higher the milestone tier, higher the reward rate.

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Fraud Protection

MyMilestoneCard comes with a chip-enabled EMV card and 3D-secure authentication. This provides superior protection against frauds like skimming, phishing, and online theft.

Meta-linked Accounts

Link your existing Milestone Bank accounts like savings accounts, deposits, and investments to your MyMilestoneCard. You can quickly transfer funds between your accounts with a few taps in the app.

Customizable Limits

Based on your spending requirements, you can customize your ATM and POS transaction limits. Temporary blocking and unblocking of transactions is also possible via the app.

Spending Analysis

The MyMilestoneCard app provides intuitive spending analysis with breakup and trends. You also get reminders on billing due dates and can set spending budgets.

Zero Liability Fraud Protection

MyMilestoneCard has zero liability on fraudulent transactions. The cardholder is protected from any loss due to unauthorized transactions done on their card.

Domestic & International Usage

MyMilestoneCard is a Visa card that works globally for payments, withdrawals, booking flights and hotels, and online purchases. Use it anywhere Visa cards are accepted.

24×7 Concierge Services

As a MyMilestoneCardholder, you get access to 24×7 concierge services for travel bookings, restaurant reservations, gift recommendations, and any other lifestyle needs.

Complimentary Lounge Access

Based on your milestone tier, you get a predefined number of complimentary airport lounge visits every year under the MyMilestoneCard program.

How to Make Payments on MyMilestoneCard App?

The MyMilestoneCard app makes payments as simple as chatting with a friend. Here are the steps to make payments via

Add a New Beneficiary

Step 1: Open the MyMilestoneCard app and tap on ‘Payments’

Step 2: Click on ‘Add Beneficiary’

Step 3: Enter the beneficiary details like name, mobile number, payment address, account number, and IFSC code (for bank transfers)

Step 4: Save the beneficiary

Make Instant Payment to Saved Beneficiary

Step 1: In ‘Payments’, tap on your saved beneficiary

Step 2: Enter the payment amount and remark if any

Step 3: Authenticate via PIN, fingerprint, or face ID

Step 4: The payment is completed instantly

Scan a QR Code to Pay

Step 1: Click on ‘Scan QR Code’ under payments

Step 2: Point your phone camera towards the QR code

Step 3: The merchant details will auto-populate once the QR scans

Step 4: Confirm the details, enter payment amount, and authenticate using your biometrics

Step 5: Payment success message is displayed after completion

Split Bills or Expenses

Step 1: Go to ‘Payments’ and click on ‘Split Bill’

Step 2: Enter the names of people you want to split the bill with and the amount payable by each

Step 3: The app generates a QR code. Ask your contacts to scan this code via their MyMilestoneCard app to complete splitting the bill seamlessly

Utility Bill Payments

Step 1: Go to ‘Recharge & Bill Payments’

Step 2: Choose the biller, enter your customer ID as shown on the bill

Step 3: Authenticate and complete the payment

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MyMilestoneCard app also allows recharging your mobile/DTH account, paying credit card bills, and shopping online via UPI. The process is very similar as explained above.

With the seamless payment methods on the MyMilestoneCard app, you can bid farewell to cash or coins. Paying anyone is as easy as texting on your phone.

How to Transfer Money via MyMilestoneCard?

MyMilestoneCard allows quick money transfers to your linked accounts or contacts in 4 simple ways:

MyMilestoneCard Wallet Transfer

Step 1: Go to ‘Money Transfer’ and select ‘To MyMilestoneCard Wallet’

Step 2: Enter amount and authenticate

Step 3: Funds will reflect instantly in your MyMilestoneCard wallet

Bank Account Transfer

Step 1: Pick ‘To Bank Account’ option

Step 2: Select your linked Milestone Bank account as beneficiary

Step 3: Authenticate and confirm money transfer

Transfer to Mobile Number

Step 1: Tap on ‘To Mobile Number’

Step 2: Enter receiver’s mobile number and amount

Step 3: Authenticate using PIN/biometrics to complete transfer

Scan QR to Transfer Money

Step 1: Choose ‘Scan QR to Transfer’ option

Step 2: Scan receiver’s UPI QR code

Step 3: Verify details, enter amount and authenticate

Step 4: Money is transferred to the QR linked account/wallet

Thus, moving your money is as easy as chatting on WhatsApp with MyMilestoneCard.

FAQs

How can I make payments with MyMilestoneCard?

You can make payments with MyMilestoneCard through various methods, including online payments, mobile app payments, phone payments, mail-in payments, and in-person payments at authorized locations.

Can I set up automatic payments for my MyMilestoneCard account?

Yes, you can set up automatic payments for your MyMilestoneCard account to ensure timely payments each month. This convenient feature helps you avoid late fees and ensures your account remains in good standing.

What are the accepted payment methods for MyMilestoneCard?

MyMilestoneCard typically accepts payments through bank transfers, debit cards, electronic funds transfer (EFT), and money orders. Check your account details or contact customer service for specific payment options available to you.

Is there a fee for making payments with MyMilestoneCard?

MyMilestoneCard may charge fees for certain payment methods, such as expedited payments or payments made by phone with a customer service representative. Review the terms and conditions of your account or contact customer service for details on applicable fees.

How long does it take for payments to reflect on my MyMilestoneCard account?

The processing time for payments to reflect on your MyMilestoneCard account may vary depending on the payment method used. Online payments and debit card payments typically reflect within a few business days, while mail-in payments may take longer.

Conclusion

Making payments with MyMilestoneCard is a straightforward process that offers flexibility and convenience to cardholders. By exploring the various payment methods available and setting up automatic payments, you can ensure timely payments and maintain a positive account status.

If you have any questions or encounter issues while making payments, don’t hesitate to reach out to MyMilestoneCard customer service for assistance. With easy payment options and reliable support, managing your finances with MyMilestoneCard becomes hassle-free and convenient.