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How to make 4 1500 trxns using Amex card for optimal benifit

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Deal Subedar
NewLife

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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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.

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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 
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ontherocks 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.

In how many days we get the 1000 bonus points for spending 20k in MRCC amex card? 

Got 1000 for 4 times spend but for 20k spending not got any points 

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vishal_ag wrote:

In how many days we get the 1000 bonus points for spending 20k in MRCC amex card? 

Got 1000 for 4 times spend but for 20k spending not got any points 

Hi, it generally gets credited after settlement of eligible transactions similar to the 4x1500 points.

Hope you enrolled in that offer via this link https://amex.co/mrcc...ll

https://www.americanexpress.com/in/credit-cards...

If not, please do so and wait for couple of days to get the offer activated

If yes and haven't got points, please contact CC.

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Random123 wrote:

Hi, it generally gets credited after settlement of eligible transactions similar to the 4x1500 points.

Hope you enrolled in that offer via this link https://amex.co/mrcc...ll

https://www.americanexpress.com/in/credit-cards...

If not, please do so and wait for couple of days to get the offer activated

If yes and haven't got points, please contact CC.

I Spent 14k after that I enrolled in the offer via the link and then I spent 6k in a single month, will I get the 1000 bonus points for spending 20k


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TrustPilot wrote:
I Spent 14k after that I enrolled in the offer via the link and then I spent 6k in a single month, will I get the 1000 bonus points for spending 20k


You have to wait like 10 days after enrolling for the transactions to begin counting. Chat with them to find out your milestone completion for this month so far. If you're talking about last month, you didn't reach 20k as per their systems and will never get the 1000 bonus.

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Seinfeld wrote:
@NewLife do this 👆 ..

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

I don't think the mobikwik load method is working anymore..i tried for 2500 this month but it's showing charges. Did you try this recently?

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nitingeorge wrote:

I don't think the mobikwik load method is working anymore..i tried for 2500 this month but it's showing charges. Did you try this recently?

Yes I did load mobikwik 1.5k a few days back in this month without any charges.

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Seinfeld wrote:

Yes I did load mobikwik 1.5k a few days back in this month without any charges.

From today they removed free load
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NewLife wrote:
From today they removed free load
yes, I also noticed it today

Earlier I was able to load unlimited with CC in my mk wallet without any charges but now 2.95% charges are getting applied even on 1 rs load
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Any way to achieve 1500*4 on amex mrcc, regretting taking this card

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Beastzero wrote:

Any way to achieve 1500*4 on amex mrcc, regretting taking this card

Cancel the card, amex doesn't deserve YOU.
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Yeat wrote:

Yes, got multiplier points when bought from this link

So we have to buy 1000 gv and 500 gb seperately on the portal? I don’t see an option of 1500gv

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nouserrname wrote:
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 

What fuel cashback? Are you adding to wallet? Wallet seems unavailable for me

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buttman wrote:

So we have to buy 1000 gv and 500 gb seperately on the portal? I don’t see an option of 1500gv

You can add 1x1000 and 1x500 to the cart and checkout to complete the order.
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nouserrname wrote:
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 

Paytm increased charges this month. Also how did you arrive at 915 value of 2410 points?

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karanoshan wrote:

invest in NPS tier 1 6k a month avail 80 ccd deduction in IT

Not able to do so, it says card type not supported?

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amrishn wrote:

Not able to do so, it says card type not supported?

try billdesk gateway
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