https://www.desidime.com/discussions/how-to-make-4-1500-trxns-using-amex-card-for-optimal-benifit?page=1#post_9508086
How to make 4 1500 trxns using Amex card for optimal benifit
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Hello Everyone,
Till last month was able to do 4 Amex trxns by adding amount to Paytm @ Zero Charges. Is there any such way to do so now?
If can't reveal it over here please share in my DM😉.
Thanks in advance 😄
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https://www.desidime.com/discussions/how-to-make-4-1500-trxns-using-amex-card-for-optimal-benifit?page=1#post_9508096
I also need to know
https://www.desidime.com/discussions/how-to-make-4-1500-trxns-using-amex-card-for-optimal-benifit?page=1#post_9508224
invest in NPS tier 1 6k a month avail 80 ccd deduction in IT
https://www.desidime.com/discussions/how-to-make-4-1500-trxns-using-amex-card-for-optimal-benifit?page=1#post_9508228
If you’re using gold charge card or platinum travel card, go for Amex rewards multiplier to buy some gift cards. Gold charge rewards become 5x and platinum travel 3x respectively. No multiplier for MRCC I think, just FYI.
So earn more on your spends as well as monthly milestone benefit. Only issue is, if you can’t use your voucher you will probably end up selling at a small discount on trading section.
correction: @starbearer below has rightly pointed out MRCC will also give 2X on Amex Reward Multiplier.
https://www.desidime.com/discussions/how-to-make-4-1500-trxns-using-amex-card-for-optimal-benifit?page=1#post_9508233
Alex15 wrote:Thnks for your suggestion but unfortunately mine is MRCCIf you’re using gold charge card or platinum travel card, go for Amex rewards multiplier to buy some gift cards. Gold charge rewards become 5x and platinum travel 3x respectively. No multiplier for MRCC I think, just FYI.
So earn more on your spends as well as monthly milestone benefit. Only issue is, if you can’t use your voucher you will probably end up selling at a small discount on trading section.
https://www.desidime.com/discussions/how-to-make-4-1500-trxns-using-amex-card-for-optimal-benifit?page=1#post_9508235
karanoshan wrote:Charges bro?invest in NPS tier 1 6k a month avail 80 ccd deduction in IT
https://www.desidime.com/discussions/how-to-make-4-1500-trxns-using-amex-card-for-optimal-benifit?page=1#post_9508245
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NewLife wrote:
Thnks for your suggestion but unfortunately mine is MRCC
Oh, that reduces your benefit potential. Nevertheless, If you can’t find any alternative spends you can buy gift vouchers from there to fulfill milestones. Sometimes some vouchers are at a discount as well.
I can’t recall if MRCC has fuel surcharge waiver. If it does you can try to load on your HP Pay wallet also. May give you some tiny payback points also and your spends also get done - if it’s counted for milestone which I believe it does.
https://www.desidime.com/discussions/how-to-make-4-1500-trxns-using-amex-card-for-optimal-benifit?page=1#post_9508248
Alex15 wrote:If you’re using gold charge card or platinum travel card, go for Amex rewards multiplier to buy some gift cards. Gold charge rewards become 5x and platinum travel 3x respectively. No multiplier for MRCC I think, just FYI.
So earn more on your spends as well as monthly milestone benefit. Only issue is, if you can’t use your voucher you will probably end up selling at a small discount on trading section.
MRCC has 2X multiplier.
https://www.desidime.com/discussions/how-to-make-4-1500-trxns-using-amex-card-for-optimal-benifit?page=1#post_9508276
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starbearer wrote:MRCC has 2X multiplier.
I stand corrected. It is indeed 2X
You’re right, just checked.
https://www.desidime.com/discussions/how-to-make-4-1500-trxns-using-amex-card-for-optimal-benifit?page=1#post_9508361
https://www.desidime.com/discussions/how-to-make-4-1500-trxns-using-amex-card-for-optimal-benifit?page=1#post_9508369
Alex15 wrote:Amex Reward Multiplier portal does not have amazon gift card(maybe amazon shopping voucher now available).If you’re using gold charge card or platinum travel card, go for Amex rewards multiplier to buy some gift cards. Gold charge rewards become 5x and platinum travel 3x respectively. No multiplier for MRCC I think, just FYI.
So earn more on your spends as well as monthly milestone benefit. Only issue is, if you can’t use your voucher you will probably end up selling at a small discount on trading section.
correction: @starbearer below has rightly pointed out MRCC will also give 2X on Amex Reward Multiplier.
https://www.desidime.com/discussions/how-to-make-4-1500-trxns-using-amex-card-for-optimal-benifit?page=1#post_9508372
NewLife wrote:
@starbearer
2x is like regular rewards + 2 times extraor overall
2x ?
It's 2x of the regular rewards rate of 1MR per ₹50 spent.
Like ₹1500 gives you 30*2=60 MR. And you do 4 such transactions and you get 240MR (120 regular + 120 RM) and 2000 milestone rewards.
Total 2240MR for ₹6000 spent.
https://www.desidime.com/discussions/how-to-make-4-1500-trxns-using-amex-card-for-optimal-benifit?page=1#post_9508374
https://www.desidime.com/discussions/how-to-make-4-1500-trxns-using-amex-card-for-optimal-benifit?page=1#post_9508391
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Alex15 wrote:It's 2x of the regular rewards rate of 1MR per ₹50 spent.
Like ₹1500 gives you 30*2=60 MR. And you do 4 such transactions and you get 240MR (120 regular + 120 RM) and 2000 milestone rewards.
Total 2240MR for ₹6000 spent.
1000 bonus only right? For the other 1000 we need to spend 20k
https://www.desidime.com/discussions/how-to-make-4-1500-trxns-using-amex-card-for-optimal-benifit?page=1#post_9508393
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Alex15 wrote:Thanks for explaining ... Except 2000 milestone rewards everything is understood... it will be 1000+240 = 1240 MRIt's 2x of the regular rewards rate of 1MR per ₹50 spent.
Like ₹1500 gives you 30*2=60 MR. And you do 4 such transactions and you get 240MR (120 regular + 120 RM) and 2000 milestone rewards.
Total 2240MR for ₹6000 spent.
https://www.desidime.com/discussions/how-to-make-4-1500-trxns-using-amex-card-for-optimal-benifit?page=1#post_9508395
https://www.desidime.com/discussions/how-to-make-4-1500-trxns-using-amex-card-for-optimal-benifit?page=1#post_9508818
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250-10k all seems available. Just go directly to the url above.
guest_999 wrote:https://www.gyftr.com/amexrewardmultiplier/amaz...
Amex Reward Multiplier portal does not have amazon gift card(maybe amazon shopping voucher now available).
250-10k all seems available. Just go directly to the url above.
https://www.desidime.com/discussions/how-to-make-4-1500-trxns-using-amex-card-for-optimal-benifit?page=1#post_9508847
karanoshan wrote:@NewLife do this 👆 ..invest in NPS tier 1 6k a month avail 80 ccd deduction in IT
Charges are just 0.75% (eg on Kotak gateway). If you do NPS then this should be the best way, otherwise ignore NPS.
You can topup mobikwik wallet upto 2.5k per month free of cost. Having addon amex ccs helps in doing multiple txns.
Buying GVs from Amex multiplier portal is good option too (works out to at least ~8% for these GVs). Even if you don't get AGV, ASV is helpful too. eg. one can buy some useful BB / Zomato / Spencers etc GV from amazon using ASV (yes tried and tested for this double dip). All GVs doesn't work with ASV, but many still works with extra discounts.
@baludesi @gdeal
https://www.desidime.com/discussions/how-to-make-4-1500-trxns-using-amex-card-for-optimal-benifit?page=1#post_9509161
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Seinfeld wrote:Have you checked/confirmed that you indeed get multiplier points for these?
https://www.gyftr.com/amexrewardmultiplier/amaz...
250-10k all seems available. Just go directly to the url above.
https://www.desidime.com/discussions/how-to-make-4-1500-trxns-using-amex-card-for-optimal-benifit?page=1#post_9509477
@NewLife bro buy 1500*4 amazon and get 1240 points worth 496 i.e. 8.26% cashback
I have earned a lott of points via MRCC - for me its the best card
referral earnings are also good enough - 3 referrals done in last 15 days which gave me 24k points minus benefits given to person applying
https://www.desidime.com/discussions/how-to-make-4-1500-trxns-using-amex-card-for-optimal-benifit?page=1#post_9509563
ami123 wrote:@NewLife bro buy 1500*4 amazon and get 1240 points worth 496 i.e. 8.26% cashback
I have earned a lott of points via MRCC - for me its the best card
referral earnings are also good enough - 3 referrals done in last 15 days which gave me 24k points minus benefits given to person applying
Yes very good card,same 4 referrals minus benefit pass to others.
https://www.desidime.com/discussions/how-to-make-4-1500-trxns-using-amex-card-for-optimal-benifit?page=1#post_9509941
ami123 wrote:@NewLife bro buy 1500*4 amazon and get 1240 points worth 496 i.e. 8.26% cashback
I have earned a lott of points via MRCC - for me its the best card
referral earnings are also good enough - 3 referrals done in last 15 days which gave me 24k points minus benefits given to person applying
How are you using the mrcc points?
https://www.desidime.com/discussions/how-to-make-4-1500-trxns-using-amex-card-for-optimal-benifit?page=1#post_9510416
https://www.desidime.com/discussions/how-to-make-4-1500-trxns-using-amex-card-for-optimal-benifit?page=1#post_9510813
So far I am adding to paytm. Adding 5000/- for 4 times. Paytm charges 528/- for adding 20000/- and i am getting around 308/- as fuel cash back. So 528-308=220/- loss for me. But I am getting 2000 bonus points + 410 points on spend. Total 2410 points that have a value of 915/-. So 915-220= 695/- profit for me
https://www.desidime.com/discussions/how-to-make-4-1500-trxns-using-amex-card-for-optimal-benifit?page=1#post_9513155
I mostly end up using it to fuel up, or recharge bbdaily wallet. Once I'm past the 4 transactions, I usually manage to find daily spends to get me past 20k a month.
https://www.desidime.com/discussions/how-to-make-4-1500-trxns-using-amex-card-for-optimal-benifit?page=1#post_9514767
DimeDude wrote:If you have spends over 20K per month, this is the best rewarding card with almost 4.5% ROI (5.5% if you repay using HDFC Platinum DC), better than Axis Ace etc.I mostly end up using it to fuel up, or recharge bbdaily wallet. Once I'm past the 4 transactions, I usually manage to find daily spends to get me past 20k a month.
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250-10k all seems available. Just go directly to the url above.
MRCC has 2X multiplier.