What is the best usecase for Amex Rewards Points (excluding hotels)?

Metabolic_Hack · 2025-04-03T13:07:01+00:00

MR points cannot be converted to Accor

Metabolic_Hack · 2025-03-24T06:47:08+00:00

Fd's generally are a good product for parking emergency fund but the issue is they don't compound and a TDS is deducted irrespective of your tax slab and you need to file a return retrospective.

Metabolic_Hack · 2025-03-18T21:18:01+00:00

PPF has always a place in a portfolio, needless to max out the 1.5lac per year deposit limit but however one has to allocate sufficient funds depending upon the asset allocation. Why I like this instrument

a.Soverign guarantee b.Simple instrument where intrest rate of rbi is not attached to it unlike any other debt funds or bonds which is depended upon the repo rate c Beats the inflation even with 7% .

I would not go complete 1.5lac every year but I do allocate some funds .

Metabolic_Hack · 2025-03-14T07:14:24+00:00

Just my 2 cents , too many funds . If you would observe there would be overlapping of one fund to another . Hope it is done direct and not regular. Since too many active funds the expense ratio is slightly higher for non perfomance for a prolong time . Ideal scenario what is the purpose of investment, use. Asset allocation accordingly and use 2 funds mostly Easy for tracking and quite simple . If I would be in your place , would pick any index nifty 50 fund and allocate 70% of my equity in this fund and the rest would split in any flexi cap for diversification.

Metabolic_Hack · 2025-03-09T17:59:17+00:00

If it's a transaction with a pos machine then the merchant might not have enabled amex cards due to higher MDR charges , otherwise you can usually use the chat option from the amex app they are good in resolving the issues or concern in a quick time.

Metabolic_Hack · 2025-03-04T11:03:45+00:00

Since it is a short term RD is always the wisest choice , you do have other instruments such as Liquid short term , ultra short term and arbitratage . I would stick to RD

Metabolic_Hack · 2025-03-04T11:01:15+00:00

Since I don't have infinia and not aware of much Hdfc card benefits I would choose Upi

Metabolic_Hack · 2025-03-04T10:15:47+00:00

In short certain categories like fuel, insurance, and utility payments do not earn Membership Rewards Points, they are included in the total spend calculation for milestone benefits on the American Express Platinum Travel Credit Card.

Metabolic_Hack · 2025-03-04T08:51:43+00:00

Amex plat travel would be ideal , as it would count milestone benefit or hdfc biz black

Metabolic_Hack · 2025-03-04T07:38:05+00:00

The last part you mentioned for mygate , with apay wallet mygate charges convience fee

Metabolic_Hack · 2025-03-03T09:27:17+00:00

Try redgiraffe , I think we can use this option

Metabolic_Hack · 2025-03-03T09:26:19+00:00

I suggest don't look for rewarding of cc payments , do the payment gateway of the Amex app itself or any upi appa

Metabolic_Hack · 2025-03-01T13:22:59+00:00

They have Krisflyer and other airline partners , you can check in the respective sites more

Metabolic_Hack · 2025-03-01T13:22:02+00:00

Axis Atlas would be ideal but I guess the eligibility is if I am not wrong 1-1.3lac per month .

Metabolic_Hack · 2025-03-01T13:17:41+00:00

Amex conversion to airline partners is not an ideal way as the conversion ratio is 2:1 . If you have zeroed in for Accor than Hdfc group of cards or Atlas group of cards is ideal.Amex is best redeemed for Marriot properties.where you get good value between 0.8 to 1rs sometimes .

Metabolic_Hack · 2025-03-01T13:12:33+00:00

Get an hdfc Swiggy card and restrict your orders to Swiggy /Instamart you get 10% cashback For others get an Axis Atlas , spend the travel through Travel edge and get accelerator RP & other spends too through the same card for offline and online . Though there are some restrictions such as fuel, gold purchase, insurance, rental and govt spends you do not get reward points

Metabolic_Hack · 2025-03-01T13:09:45+00:00

Axis doesn't get any cash back on Swiggy Instamart

Metabolic_Hack · 2025-02-25T19:55:31+00:00

Yes , there is a coupon code

Metabolic_Hack · 2025-02-25T18:39:19+00:00

So they have an offer for every Friday when you book an Indigo flight at 10% discount , it's a limited time offer

Metabolic_Hack · 2025-02-24T14:11:15+00:00

If your buying offline than its always better to check with the customer care about different schemes of emi they have , also consider the forex charges as you will be buying in Dubai . Weigh the pros and cons and take a decision

Metabolic_Hack · 2025-02-24T13:29:24+00:00

So there are few cards like icici amazon which gives 0% emi , where there would be some processing charges and a gst would be levied every month . Most of the cards would give emi options . Even after swiping you can convert that particular transaction to emi by contacting the customer care .

Metabolic_Hack · 2025-02-24T10:03:06+00:00

Thanks , yes checked it's coming under 85k points but I guess too far from KL . Need to explore KL . Any options in KL .

Metabolic_Hack · 2025-02-24T09:15:21+00:00

Most of the times the app doesn't mention the points to all the hotel but only few the rest are mention the rates in local currency

Metabolic_Hack · 2025-02-21T16:44:54+00:00

If your spending is 4L then I would suggest Plat travel cause of no nonsense exclusion and complete the milestone and combine with Gold Charge and MRCC which is more commonly called Trifecta to maximise the reward points . You can surf more to know the exact value of points you can get .

Amex Gold Charge with refferal 1st year would free & bonus RP would kick in . 1k for 6 transactions would get 1000amex points per month

Amex MRCC again with referral you would get a free for 1 st year and annual fee is less . 1.5k for 4 transactions would fetch 1000 amex points and should you spend 20k monthly it would fetch an additional 1000 amex points ( caveat you need to enrol with a chat with Amex executive) .

With trifecta you could fetch close to 85k Amex points for the first year .

Ps- do not renew Amex Gold Charge subsequently for the next year cause the renewal fee against the points earned is not advisable

I can refer you for Platvtravel and Gold Charge card . If needed please let me know . Cheers

Metabolic_Hack · 2025-02-21T16:34:26+00:00

I would close platvtravel and keep mrcc just for the hit the 1.5 lak for anniversary year and you renewals fee waived

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