Phonepe previously allows you to withdraw cashback into back account then cashback transfer has been stopped after few updates, well now, you can not transfer cashback amount into your bank but here is a new trick so that you can transfer partial cashback into bank account. This trick is not personally tested by me but it is working for other people. Cashback refund process may take more time.
How to transfer cashback
- Open phonepe app and start a new recharge
- Initiate a new recharge for any operator and set operator as jio
- Enter the recharge amount ₹149
- Do complete recharge and your recharge will be failed
- You will receive 50 instant cashback and then ₹99 cashback within 3-4 minutes
- Now you will find that ₹50 can be withdrawn into bank account.