• Hey there! Welcome to TFC! View fewer ads on the website just by signing up on TF Community.

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

  • Thread starter Thread starter sodapop
  • Start date Start date
  • Replies Replies 31
  • Views Views 4K

sodapop

TF Buzz
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
 

Attachments

Last edited by a moderator:
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.
Having Said that - Here is my referral link too, https://americanexpress.com/en-in/referral/platinum-travel?ref=pRAJWNWmmv&XLINK=MYCP
I have taken amex plat travel in Feb 2024. and I was able to buy jewellery on May 10th
And I have also made gold scheme transactions right after activating the card. never faced this issue.
 
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.
Having Said that - Here is my referral link too, https://americanexpress.com/en-in/referral/platinum-travel?ref=pRAJWNWmmv&XLINK=MYCP
I had made purchases online on joyalukkas it went through. Usually merchants will not enable acceptance for amex card because of high mdr rate. You should ask them to enable it for amex card. Purposely yheir finance depart disables it.
 
  • Like
Reactions: SSV
I have taken amex plat travel in Feb 2024. and I was able to buy jewellery on May 10th
And I have also made gold scheme transactions right after activating the card. never faced this issue.
Small Update:
Up until now the transactions I made for jewellery are small so they may have went through

Next month I am planning to make a big purchase so I wanted to be safe and confirm this with amex CS they have mentioned the "first 6 months" are from the date of account opening and not from the date of card activation.

If all of our cards are under same account and our oldest card is older than 6 months we shouldn't face any issue.
 
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.
Having Said that - Here is my referral link too, https://americanexpress.com/en-in/referral/platinum-travel?ref=pRAJWNWmmv&XLINK=MYCP
wtf.. what crap.. amex is being autocratic.. v regressive behavior.. buy gvs and use.. cant buy coins with all gv.. some exceptions
 
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.
Having Said that - Here is my referral link too, https://americanexpress.com/en-in/referral/platinum-travel?ref=pRAJWNWmmv&XLINK=MYCP
Bs I got plat travel only to purchase jewellery and did the next week I got the card. Just get your card changed.
 
Small Update:
Up until now the transactions I made for jewellery are small so they may have went through

Next month I am planning to make a big purchase so I wanted to be safe and confirm this with amex CS they have mentioned the "first 6 months" are from the date of account opening and not from the date of card activation.

If all of our cards are under same account and our oldest card is older than 6 months we shouldn't face any issue.
This was very helpful. In that case. I will update this in the post.
 
Small Update:
Up until now the transactions I made for jewellery are small so they may have went through

Next month I am planning to make a big purchase so I wanted to be safe and confirm this with amex CS they have mentioned the "first 6 months" are from the date of account opening and not from the date of card activation.

If all of our cards are under same account and our oldest card is older than 6 months we shouldn't face any issue.
I have MRCC (7mo) and plat travel(recent).

when I called, they told me I can buy from MRCC, but not plat travel.

May be account means every card is it's own account.
 
Small Update:
Up until now the transactions I made for jewellery are small so they may have went through

Next month I am planning to make a big purchase so I wanted to be safe and confirm this with amex CS they have mentioned the "first 6 months" are from the date of account opening and not from the date of card activation.

If all of our cards are under same account and our oldest card is older than 6 months we shouldn't face any issue.
I think CC might not have enough clarity as I hold 3 cards.

And my latest card was denied at the ATM withdrawal. When I called CC, they said that card isn't 6 months old so it can't be used even though my AmEx account is several years old.

Considering, it was rejected at the ATM, I believe it wouldn't work to buy jewellery either.
 
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
I was also able to use my card in the early months only without any issues
 
I have Amex MRCC and BoB Eterna both. I used Eterna for Jewellery spends of 33k from Malabar Gold Online store 15 days back. Got 5000 reward points and I redeemed it as statement credit of Rs 1250(3.75% cashback) .
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
 
Back
Top