AMEX Credit cards - No gold/jewellery purchase in first 6 months

[sodapop]

I recently got the AMEX MRCC and it is activated and all.
I had planned purchase of gold for ashya thrithiya for around 20,000 INR.
I swiped on a AMEX POS machine and it kept showing Invalid card and when tap to pay, it said invalid pin.

I called up the support and they told me that for the first 6 months, Amex credit cards can not be used for purchases in jewellery stores or cash withdrawal for the first 6 months.
I had not heard this anywhere. Please read the point 39 in the attached T&C.
I think it is important for many new applicants to read the T&C.

Just wanted to share this info and let other new AMEX users know about this, as most of the time, we apply using referral and it's usually all rosy and great.
There are visible cons too. FYI

 

[MVC]

is it specific to Malabar or any offline store bro? I'm planning to purchase tomorrow.. so seeking advises..
I hold Amex MRCC, DCB plastic and apay icci too

You’ll get basic rewards

 

[skal941]

You’ll get basic rewards

Any other better card you suggest for offline jewellery purchase?

 

[coolguy1]

Any other better card you suggest for offline jewellery purchase?

Amex Plat Travel.
Tata Neu Infinity for Tata brands.
Infinia.

 

[skal941]

Amex Plat Travel.
Tata Neu Infinity for Tata brands.
Infinia.

Okay .. dont have amex plat and infinia .. i need to purchase in GRT .. so tata neu infinity not useful.. so only option left for me is DCB or apay icci 😛

 

[navdeep22]

Okay .. dont have amex plat and infinia .. i need to purchase in GRT .. so tata neu infinity not useful.. so only option left for me is DCB or apay icci 😛

It was obvious for me bro, they were accepting amex so payed to complete milestone. You should go for mrcc only if you want to complete milestone benifits amd if those benifits are worth. Else go with DCB and suppose if they don't accept Diners then they won't be accepting amex either so u have only one choice in that case

 

[pranjal1984]

is it specific to Malabar or any offline store bro? I'm planning to purchase tomorrow.. so seeking advises..
I hold Amex MRCC, DCB plastic and apay icci too

No idea for offline gold purchase. I purchased through their online store and got cashback accordingly.

 

[IKFLRT]

Hi,
I have buy jewellery> 4Lakhs and thinking to apply for platinum travel to hit 2 milestones.

Will they allow to use the card for this much amount within a week? And is the gold purchase counted towards 4L milestone benefit?

 

[navdeep22]

Hi,
I have buy jewellery> 4Lakhs and thinking to apply for platinum travel to hit 2 milestones.

Will they allow to use the card for this much amount within a week? And is the gold purchase counted towards 4L milestone benefit?

I used it after a month. You can do payments in chunk, tell the shop person to do transactions in 1-1.25 lakhs per transaction amount

 

[IKFLRT]

any methods to get platinum travel first year free?

 

[Manikanta Svm]

Hi,
I have buy jewellery> 4Lakhs and thinking to apply for platinum travel to hit 2 milestones.

Will they allow to use the card for this much amount within a week? And is the gold purchase counted towards 4L milestone benefit?

you can use in single transaction as well, I tried 7L in one transaction recently and the card is one month old only and yes these are counted as milestone
you can convert into EMI as well post buying these also considered as milestone , But if you buy on EMI during payment then it won't

 

[IKFLRT]

you can use in single transaction as well, I tried 7L in one transaction recently and the card is one month old only and yes these are counted as milestone
you can convert into EMI as well post buying these also considered as milestone , But if you buy on EMI during payment then it won't

Is there a way to procure this card first year free? Based on a referral or anything?

 

[Manikanta Svm]

Is there a way to procure this card first year free? Based on a referral or anything?

previously it used to be free but now we have to pay fee for sure ,but I think you can recover more than you pay with spends