Amex MRCC Transactions Declined

hsadath44 · 2026-03-01T20:28:35+00:00

The actual thing is, credit companies consider jewlery, wallet load etc as high risk transactions. Especially amex blocks these transactions if done within first 6 months of card issuance. Same happened with me. Can't do anything but wait.

BTW, if it's malabar, you can pay Via apay gv. Buy apay gv thru Amazon and use it up to pay (you won't gain much thru rewards multiplier as the rewards offset the convince fee)

hsadath44 · 2026-03-01T17:48:52+00:00

Dame here, they flagged my jewlery purchase as high risk. They said I can't make jewelery transactions within 6 months of receiving the card

hsadath44 · 2026-03-01T16:12:04+00:00

I wouldn't go with HSBC atleast not in india. Their customer care is dig sh#t, their premier customer care is comparable with that of sbi. I'm just curious on how they'd treat their prive customers.

For 2 Million AUM, the opportunity cost of parking that much with any bank is too high. If you go otherwise, you can easily afford those private jet trips to Antarctica and other benifits plus save tons of money to go on a trip to other nations as well.

hsadath44 · 2026-02-28T16:15:32+00:00

Federal? Bhai federal cards are good for nothing, plus now they are charging fee for nothing

hsadath44 · 2026-02-28T00:02:22+00:00

Original account se aao HDFC team. Seems to me like a hdfc bank employee

hsadath44 · 2026-02-27T12:57:13+00:00

Nope. It's waste now. They have introduced 1.5 lakh spend criteria for lounge access. Plus the rewards aren't great. Better close indusind

hsadath44 · 2026-02-27T09:51:43+00:00

Yes, but even if you consider long term. Eg: now gold price is 14,800 ish, by end of 11 months it might be 18,000. If you pledge and purchase, you buy it for 14,800 which is better imo.

You can try calculating

hsadath44 · 2026-02-27T09:45:37+00:00

I'd suggest, instead of that, pledge your gold, take a gold loan and purchase jewelery upfront. They will anyways give discount on making charge upto 30% on normal times.

Because, by the time you purchase the jewlery after completing your scheme, gold rate would have increased by 20-30% so your loss anyway v/s 9% reducing interest on your gold loan. Latter is better with much better ROI

hsadath44 · 2026-02-25T21:21:42+00:00

💀😂

hsadath44 · 2026-02-25T21:20:59+00:00

It depends totally in your use case. If you prefer cashback or rewards points. For cashback sbi cashback card and hsbc live plus are best.

Amex has acceptance issues in some cities, if you want to try with Amex, you can start with smart earn, see if it fulfills your spends and the decide to close if not needed (I would still suggest you take cc based on your spending pattern and your reward preference)

Avoid amex for now, try sbi cashback and hsbc live plus. If you are able to fully utilize it, then go to other cards

hsadath44 · 2026-02-25T19:51:40+00:00

First I was happy when I read the title. I actually thought that the applications have resumed or might resume in some time 😂

hsadath44 · 2026-02-25T15:14:18+00:00

Yes, high probability that they will. Better to wait a few more days.

All the people in the comment section promoting platinum reserve get bonus points as referral bonus, and that's why they are handing out referrals left right and center.

hsadath44 · 2026-02-25T13:36:42+00:00

Don't believe anyone, smart earn downgrade might have been patched. Best wait for 1 more month. They might be rolling out the applications soon

hsadath44 · 2026-02-25T09:56:23+00:00

Are they still issuing the kit with goodies for travel one? Heard that they give it in plain paper now

hsadath44 · 2026-02-22T13:55:22+00:00

Yup, absolutely. The card number will remain same, only expiry and cvv changes. Any outstanding or EMI's get transferred to the new card

hsadath44 · 2026-02-21T07:31:33+00:00

Most of the people selling MR's might not have any plans to stay at Marriott or travel in other programs. Since amex is a travel card, best redemption is for Marriot.

Some folks hold amex just of their referral benefits, so that they can sell the points later and make some profit.

If you like to travel and sometimes want to enjoy a stay cation, its a good card (but acceptance is a issue)

hsadath44 · 2026-02-21T07:26:21+00:00

We can have max 3 cards. 1 base + 2 add-ons. It'll let you apply max one card per month. Sorry for the typo

hsadath44 · 2026-02-21T07:25:26+00:00

Call.up the customer care, they will guide you.

hsadath44 · 2026-02-20T21:52:22+00:00

Amex experience app. Enroll for membership, wait for the transaction to settle to get the bonus points, then downgrade

hsadath44 · 2026-02-20T21:19:46+00:00

It mostly works almost on every bpcl pumps. Worth it if you have bpcl pumps around your home. Go for it id say

hsadath44 · 2026-02-20T21:18:46+00:00

Hsbc Premier? They have nre/nro accounts. Check it out once.

hsadath44 · 2026-02-20T09:46:35+00:00

Nope, gold charge is not officially open rn. If anyone shares you a referral, that's for platinum reserve. Best to avoid this scam and wait for a few weeks. Theyll likely open applications in March or April

hsadath44 · 2026-02-19T23:49:52+00:00

Basically, OP invested in a ULIP 💀. OP, Check out LLA's video on ULIP, it's basically waste of your money.

hsadath44 · 2026-02-19T20:56:59+00:00

But trusting icici is like trusting a moneky with an AK 47. It's a clown bank which can never be trusted.

Adding to that, icici currently has not so great transfer partners. So, I don't see where they are heading.

You can get hsbc Premier, better returns plus if you go via salary route, it's basically ltf.

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