Isn't Amex MRCC one of the most rewarding credit card for a medium level spender?

IamRage wrote:

Yes when you buy thru their gytr portal
gyftr . com / amexrewardmultiplier
also the extra points would get credited mostly in very next day or two

Is this 10x points for limited time?

ashmail123957 wrote:

I find Amex Iconia the best, as it gives flat 2% on wallet load as well 2% on weekends, 1.5% on weekdays)
On paytm loads too I get 2%, only drawback is many online portals too don’t accept Amex like payzapp, nobroker etc

On Paytm for wallet load they charge 2.65% and hearing from you first time that nobroker don’t allow amex card, personally didn’t try it.

aneelg wrote:

Is this 10x points for limited time?

For MRCC it is 2X via reward multiplier, 10x is a promotional offer , you will get a mail or notification whenever the offer comes.
2x will remain for long time I guess

Any suggestions how to spend 4 * 1500 transaction,tried all wallet option but not working.

aneelg wrote:

Any suggestions how to spend 4 * 1500 transaction,tried all wallet option but not working.

I am personally loading 3*1500 in mobikwik wallet and buying an amazon voucher e-voucher via reward multiplier portlet (eligible for 2x). Next month onwards I would consider buying the e-voucher itself 4*1500

Ramta_Jogi wrote:

Please edit, make this phrase in bold & add the fees when it is acquired without referral along with renewal charges- Annual Fees — 1500 via referral, + 18% GST. and Renewal fee Rs.4,500 + 18% GST without referral

Sure, will make it. right now I am not able to edit the post will try in sometime again

aneelg wrote:

On Paytm for wallet load they charge 2.65% and hearing from you first time that nobroker don’t allow amex card, personally didn’t try it.

if one loads via uber,zomato etc no load is charged.
nobroker,cred,payzapp, housing.com, income tax portal etc so many sites don’t allow Amex cards as the payment gateway charges are the highest for any Amex card

ashmail123957 wrote:

Uber is not allowing me complete and Zomato not allowing to load more than 3k.

Need other options.

mango-man wrote:

What if we get both and then close Gold after a year? Will MRCC still remain LTF?

No. MRCC is companion card to Gold. U close gold, the mrcc will get closed automatically.

demerius2020 wrote:

btw whats the benefot wth amex gold?

For me – It’s the cheapest charge card to hold.

Ramta_Jogi wrote:

For me – It’s the cheapest charge card to hold.

and whats the benefit of a charge card? let alone a ‘cheap charge card’

demerius2020 wrote:
and whats the benefit of a charge card? let alone a 'cheap charge card'

Ramta_Jogi wrote:

No benefit for the masses.

For me, it would enable me to carry my credit history worldwide, wherever Amex has its location of sourcing cards, if and when i plan to move abroad. Feature of only Amex charge cards other than HSBC higher NRV accounts.

And hence “cheapest charge card”.

This all depends if and when those morons in Amex let me get hold of (any) amex card for that matter

Credit history of amex credit card can’t be carried worldwide, unlike charge cards?

mango-man wrote:

Credit history of amex credit card can’t be carried worldwide, unlike charge cards?

No

ashmail123957 wrote:

if one loads via uber,zomato etc no load is charged.
nobroker,cred,payzapp, housing.com, income tax portal etc so many sites don’t allow Amex cards as the payment gateway charges are the highest for any Amex card

Are you able to use other bank credit card on the income tax portal ? I didn’t see any option for credit card when paying advanced tax.

indiansoul wrote:

Are you able to use other bank credit card on the income tax portal ? I didn’t see any option for credit card when paying advanced tax.

You can’t use credit card for payment of taxes. Only debit card and/or net banking of some banks (not all banks)

Ramta_Jogi wrote:

No benefit for the masses.

For me, it would enable me to carry my credit history worldwide, wherever Amex has its location of sourcing cards, if and when i plan to move abroad. Feature of only Amex charge cards other than HSBC higher NRV accounts.

And hence “cheapest charge card”.

This all depends if and when those morons in Amex let me get hold of (any) amex card for that matter

Source of this information saying charge card enabling to carry the credit history world wide?

andromeda wrote:

Source of this information saying charge card enabling to carry the credit history world wide?

Not worldwide. Only where Amex has their card sourcing locations. The source is Amex itself. 

Ramta_Jogi wrote:

Not worldwide. Only where Amex has their card sourcing locations. The source is Amex itself. 

Good to hear. By worldwide I meant whereever amex is operating.

Ramta_Jogi wrote:

You can’t use credit card for payment of taxes. Only debit card and/or net banking of some banks (not all banks)

The option of using cc on incometax portal was available at some point. Read about it on many news sites.

Also @ashmail123957 has mentiond that we can’t use amex card on incometax portal, and so, I was wondering if he was able to use ant others cc cards

indiansoul wrote:
The option of using cc on incometax portal was available at some point. Read about it on many news sites.

Even i read it on many sites but the idea never materilaised it seems. All of our advance and self assesment tax over the past few years have gone through only with debit card (more recently) or netbanking. 

Indusind/Kotak bank are still not authorised to collect tax. Only7 bank's debit cards work (axis not included) and 19 bank's netbanking.

very well written about the usage but I am not able to understand the benefir of buying amazon GV from Mobikwik and then later used in Amazon. I nstead directly add the money Amazon pay directly.

Please explain this maths.

adi.it1988 wrote:

very well written about the usage but I am not able to understand the benefir of buying amazon GV from Mobikwik and then later used in Amazon. I nstead directly add the money Amazon pay directly.

Please explain this maths.

if you are referring to this statement “I used to load Mobikwik 3*1500 and used to buy a amazon voucher of 1500 every month” then what I meant was 3 out of 4 transactions of 1500 was done in mobikwik (1500 wallet load each) and used that for mobikwik payments only and then for the 4th transaction I used to buy an Amazon voucher via reward multiplier. But since last month mobikwik  made some changes to the supercash utilization and now loading mobikwik doesn’t seems much beneficial, instead I would buy 4 amazon vouchers of 1500 each via reward multiplier  

https://www.desidime.com/discussions/in-search-...

ok bro but please explain more about rward multipier. What is this all about.

adi.it1988 wrote:

ok bro but please explain more about rward multipier. What is this all about.

This is similar to HDFC smartbuy portal where you get additional benefits when the purchase is done via this portal, 

pls refer - 

https://www.americanexpress.com/in/benefits/rew...

ok..good info bro

mango-man wrote:

What if we get both and then close Gold after a year? Will MRCC still remain LTF?

MRCC will be considered as a solo card and applicable annual fees will be taken.

Earn 1 Membership Rewards® Point for every Rs. 50 spent except for spend on Fuel, Insurance, Utilities, Cash Transactions and EMI conversion at Point of Sale².

How to earn rewards then 😳

Swami007 wrote:

Earn 1 Membership Rewards® Point for every Rs. 50 spent except for spend on Fuel, Insurance, Utilities, Cash Transactions and EMI conversion at Point of Sale².

How to earn rewards then 😳