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Online Gold Jewellery purchase using Amex pt Travel

CC_Exuberant

TF Premier
VIP Lounge
Hi Folks,

I bought gold jewellery of 5 lakhs on Bhimagold.com . They were offering Zero % Making charge for some of the jewellery. And they were charging 3-4% less in compare to current market price so it’s good deal . On payment they were not showing Amex option but I tried my luck and went ahead with my new Amex Pt Travel card for which there were no transactions done till now . After few decline , as they flagged the big transaction suspicious , on call they enabled after few verification . To my pleasant surprise, transaction was successful. I read here that they don’t allow gold transaction in initial 6 months but it went through successfully for me .
So my question to you cc geeks is that will I get rewards for this transaction or not ? I did so that I complete milestone benefits . Some of you have mentioned that gold transaction are not eligible for rewards, is it true ?
 
If the transaction went through and is showing in your app, you should get the reward points. I too bought gold worth 1 lakh using Plat Travel, offline within 3 months of getting the card and got the points.
 
Hi Folks,

I bought gold jewellery of 5 lakhs on Bhimagold.com . They were offering Zero % Making charge for some of the jewellery. And they were charging 3-4% less in compare to current market price so it’s good deal . On payment they were not showing Amex option but I tried my luck and went ahead with my new Amex Pt Travel card for which there were no transactions done till now . After few decline , as they flagged the big transaction suspicious , on call they enabled after few verification . To my pleasant surprise, transaction was successful. I read here that they don’t allow gold transaction in initial 6 months but it went through successfully for me .
So my question to you cc geeks is that will I get rewards for this transaction or not ? I did so that I complete milestone benefits . Some of you have mentioned that gold transaction are not eligible for rewards, is it true ?
Which thread says man, that we don't get rewards for gold payment on amex platinum travel card, please share so that we can correct that info. I paid 2.2L gold payment after 50 days of getting play travel and all good with rewards points and milestone points
 
Hi Folks,

I bought gold jewellery of 5 lakhs on Bhimagold.com . They were offering Zero % Making charge for some of the jewellery. And they were charging 3-4% less in compare to current market price so it’s good deal . On payment they were not showing Amex option but I tried my luck and went ahead with my new Amex Pt Travel card for which there were no transactions done till now . After few decline , as they flagged the big transaction suspicious , on call they enabled after few verification . To my pleasant surprise, transaction was successful. I read here that they don’t allow gold transaction in initial 6 months but it went through successfully for me .
So my question to you cc geeks is that will I get rewards for this transaction or not ? I did so that I complete milestone benefits . Some of you have mentioned that gold transaction are not eligible for rewards, is it true ?
You should be getting MR points for the transaction as even I had purchased jewelleries few months back I received it only thing is merchant will charge extra 3% to 4%.
 
Why do you care about their margin. You should know what you are getting. I compared them with local jewellers, their (gold price + making charge) = total spend is very much same to local jewellers
Gold per gram price itself higher in Tanishaq compared to local famous jewellers like GRT ..
 
If we purchase Gift card/voucher of Malabar etc available on amex multiplier .
Can i use this vouchers for paying gold schemes or directly only online purchase ?What about offline stores for gold ornaments or coins ?
Any idea ?
 
If we purchase Gift card/voucher of Malabar etc available on amex multiplier .
Can i use this vouchers for paying gold schemes or directly only online purchase ?What about offline stores for gold ornaments or coins ?
Any idea ?

From T&C...

1. This is a Malabar Jewellery Gift Voucher (GV)/Gift Card (GC) and it would be accepted at Malabar Gold & Diamonds all outlets in India as well as Malabar Gold & Diamonds online Shopping portal.

2. The GV/GC can be redeemed against purchases of Gold, Diamond, Platinum, Uncut Diamond, Silver Jewellery excluding Gold Coin/Bar.
 
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