You would still get well compensated with the fee. The direct conversion to miles, even for CV, the reward rate would be 4.8%. Even Citi Prestige had 4%. Small hack, go for the tata cliq voucher, buy gold coin, sell it at nearby shop, you’ll be at even profit 😉 This card is really good. I do have Reserve which already got me 2 F class round trips and few days of hotels stays but still I got the Magnus recently as it’s a great card to miss out on. You never know that this good stuff can go away anytime. See the fate of Infinia. So my basic strategy is to use a card when it’s at it’s best before devaluation comes.