American Express Loot - Huge Discounts on Amazon, Satya Paul Voucher, Victorinox Watch
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https://catalogue.membershiprewards.co.in/l2cat...
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Examples:
1. Amazon voucher of 5000 for 13k points (earlier it was 20k points) – 35% discount
https://catalogue.membershiprewards.co.in/viewa...
2. Amazon voucher of 3000 for 8k points (earlier it was 12k points) – 33% discount
https://catalogue.membershiprewards.co.in/viewa...
3. Satya Paul voucher of 1000 for 1.6k points (earlier it was 3.3k points) – 52% discount
https://catalogue.membershiprewards.co.in/viewa...
4. Victorinox watch for 69k points (earlier it was 104k points) – 34% discount
https://catalogue.membershiprewards.co.in/viewa...
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Hurry before the stock clears out.
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Am i missing something, you always have an option to redeem 24K points for 11K Amazon or 10K cash?
Agreed
Amex mrcc card – reward ratio is 7.5k amazon voucher for 18k points – so not a good deal IMHO
+1
Gold collection conversion ratio is around 42p per pt.
Here it is 38p per pt.
Just be comparing to ‘non-gold’ aka regular conversion rate of 25p per point, they are saying its a good offer by this much margin. But when comparison is done with the best option aka gold collection conversion, then it is not worth going for it.
Conclusion: For most people, who have patience-and intelligence, this does not appear to be that appealing. What say!!
Edit: Btw, gold collection conversion rate is straight cash credit. This deal conversion rate however is amazon gv, so needs to be adjusted for amazon gv-to-cash going rate conversion ratio assuming a normal person:) Would make it even more of less attractive by 5-10% I would guess!!
18,000 Points / 18 Karat Gold Collection
Statement Credit worth Rs. 7,500
Amazon Gift Card worth Rs. 8,000
Tanishq Voucher worth Rs. 7,500
For 18k points you will get 8k amazon vouchers which is 45p per point.
Where we will get the voucher through mail?
better go 24 carat which gives 10 ,000 ,
Not a good deal
looks like @Budhe just seen amex -amazon conversion , 18K/24K gives 2.4 coversation ratio as statement credit. best.
Amazon gv you generally get with 10% discount../
Looks like I need to post my analysis on these credit cards / rewards / earn & burn ratios
loot is a sacred word here at DD pains me to see it being used so loosely nowadays
Don’t mess with your Bonus MR points. Those are valuable & depends on the card you hold. Redeem regular MR if you want.
1. What is Bonus MRCC points? What is regular MRCC?
2. I have a gold charge card. What are my best options to redeem MR points?
3. My relative has Platinum (silver color) card. What are his best options to redeem MR points?
No point in using this…u can get statement credit of 10000 in 24000 points
what if they lower the benefit by the time we reach 24k points
For amex platinum travel card these options are not available.
In platinum travel card you can redeem for spicejet voucher@50 paise per points.
Other flight/ hotel viucher@40 paise per points.
So i think this is a good offer for converting points@38 paise per points.
Spicejet is having less option and you can better deals on air ticket from others.
Correct me if i am wrong.
Can someone suggest me where we will get the gift voucher ..
My math is poor. Hope this becomes my 2nd FPD.
Not much
And moreover for cards like platinum travel this is useful.
Lolll
good morning OP
@admin @bumblefoot @TrickyTimer Perhaps this qualifies for FPD ?
This is only good for gold card or ppl who hold amex but dont transact much and have less points. Otherwise for 18k or 24k points u can have 8k and 12k amazon respectively
AFAIK 11k amz gv redemption option was there for 24k points till wallet KYC rules came
now only 10k statement credit is the option for 24k points.. where u saw 12k amz gv?
We regret that this reward is no longer available. Please make another selection from our wide range of rewards. If you require further assistance please call the number at the back of your card for assistance.
Not valid on amex payback card
Jo 99 31 ko kya p 1 22 u8
U can convert 12000 points to 5310 cash directly from amex..I think no fun on converting to Amazon vochures…
Can someone tell after buying voucher where exactly we will get vouchers?
+1 i bought vouchers and received a mail containing some code of 8 digits.
Not able to add to amazon pay. Noramally amazon gift card is of 16 digits.
@Budhe can you please reply if you bought already?
This is good for people who have less than 18k points and not eligible for Gold and Silver rewards. The ratio has been increased significantly.
If you are close to 18k or 24k points no point in using this. U can wait and redeem after u reach the 18k or 24k milestone
Same problem here not able to find place where exactly we will get the code. Can some else can help?
I got a mail from amex – redeem 18000 points for rs 8000 amazon voucher.. Any one else received such mail. Not able to redeem as on amex page it is showing 19000 points for rs 5000 amazon voucher
we need to call to cc and request them to redeem 18k against 8k amazon vouchers..in 24 hrs you will receive voucher
Hey guys I am trying to add the Amazon GV purchased from Amex into the Amazon account. But I only have a e-gv code of 8 numbers. How do I use this gv? Confused.
Vu..thanks..last time redeemed 5000 voucher for 20k..having 17k points in account.. Was waiting to complete 20k…great offer.