Need AMEX Card

Try Amex Gold charge card.

Try Indusind Iconia AMEX Card. It has 3500/- on time joining fee with taxes. No annual fees. Ask for “No Gifts” along with the card. They will give you in 3500/-. And mind you, it has 2 % rewards as cashback on Weekends, ie. Saturday & Sunday.

@Bulwark Yes, there is no “official” waiver on the annual fee for the MMT card, but they do give an MMT voucher worth 2000 after you spend 1.25 lacs and another MMT voucher worth 5000 when you spend 2.5 lacs annually. So this more than offsets the annual fee.

Anyway, if you are looking for an Amex credit card (not charge card, @Alpha.Barood!) with an official annual fee waiver clause, you may want to consider the Payback card (annual fee waiver on spending 1.5 lacs). https://www.americanexpress.com/in/content/payb...

@Ashwin Bro, do you want to suggest another Amex card?

@DealSeeker wrote:

Anyway, if you are looking for an Amex credit card (not charge card, “@Alpha.Barood”) with an official annual fee waiver clause, you may want to consider the Payback card (annual fee waiver on spending 1.5 lacs). https://www.americanexpress.com/in/content/payb...

@disclaimer wrote:

Sure? Hasn’t Amex stopped providing payback cards?

Is it so? I am not aware of any recent changes. Any news/blog link for the same?

Besides, I don’t have the Amex Payback card either. It’s still listed on their website so I suggested it based on the info there.

@DealSeeker wrote:

@disclaimer wrote:

Sure? Hasn’t Amex stopped providing payback cards?

Is it so? I am not aware of any recent changes. Any news/blog link for the same?

Besides, I don’t have the Amex Payback card either. It’s still listed on their website so I suggested it based on the info there.

@disclaimer wrote:

It is listed, but there is no link to Apply.

Ah, I see. @Bulwark You may also want to consider ICICI Amex Coral card — annual fee of only 500 second year onwards and full waiver on spends of 1.25 lacs. I use this card sometimes, mainly to keep the BMS BOGO active (twice every month).

Just curious. What’s so special about this amex card? Who should use it?

@batman wrote:

Just curious. What’s so special about this amex card? Who should use it?

(1) Prestige that comes attached to having one (higher income requirements to be eligible).
(2) Good consumer protection policies — always takes the side of the customer in case of a dispute, price change guarantee, etc.
(3) Superb customer service.
(4) Excellent rewards/privileges program for heavy spenders and/or frequent travelers.
(5) Provides charge cards* which have virtually unlimited spending limits (depends on your spending patterns).
(6) Personal concierge (available with specific Platinum level cards).

Big cons:

C1. Accepted at fewer merchants as compared to Visa/Mastercards.
C2. Highest transaction charge to merchants (this explains C1).

*Charge card = the entire bill becomes due at the end of every month and failing to pay it by the due date leads to a heavy penalty of 5% (in India).

(1) Prestige that comes attached to having one (higher income requirements to be eligible).

I will steer well clear of it then.

@DealSeeker wrote:

Charge card = entire bill is due and payable at the end of every month, i.e. max credit period of 30 days.

@disclaimer wrote:

@DealSeeker wrote:

Charge card = entire bill is due and payable at the end of every month, i.e. max credit period of 30 days.

Needs correction.

Made that error while trying to oversimplify and, at the same time, avoiding to write an essay on the subject of charge cards.

Anyway, rephrased it completely now. Check above. Hope you don’t want me to elaborate on the complicated topic of “due dates” when it comes to Amex charge cards.

@DealSeeker wrote:

@disclaimer wrote:

It is listed, but there is no link to Apply.

Ah, I see. @Bulwark You may also want to consider ICICI Amex Coral card — annual fee of only 500 second year onwards and full waiver on spends of 1.25 lacs. I use this card sometimes, mainly to keep the BMS BOGO active (twice every month).

They have stopped Payback card. I confirmed it with CC yesterday.

Thanks for inputs DealSeeker