Amex Gold charge card return

[jay12]

Hi, what is the return percentage of Amex Gold charge card after considering the joining fee and renewal fee?

 

[coolguy1]

 

[drsel]

Amex Gold (FY 1180, get 6k points) 6x1000/month for--
a. Fuel only at HPCL (no surcharge)
Return 7.50% on Fuel at HPCL, if 18k points converted to 6k Amazon pay
b. Fuel--buy 1000 x 6 Indian Oil voucher on Park+ app
Return 7.50% + 2.00% cashback
c. Amazon pay on Gyftr Amex 5x
Return 10.71% on Amazon pay 5x, (incl 1180, 6k points) if 24k points converted to 8k Amazon pay
Pay 1180 fee, get 6000 points by spending 15k in 90 days.
Then buy Amazon pay 6x1000 every month for 12 months in Gyftr 5x to collect 1600 x 12 = 19200 points.
6000+19200= 25200 points, convert 24000 points to 8000 Amazon pay and redeem 1200 points as statement credit.
Kindly mark this as your solution, thanks 🙏

 

[ManojGowda]

Considering reward point value at 0.5 and getting 50% fee waiver on gold charge on achieving 2L spends

 

[jay12]

What amazing tips and awesome calculations, thank you drsel

 

[alexgv]

Insurance payment on Amex Gold charge card got me 0 reward points. Didnt notice this exception in benefits rewards for the card. Any other exceptions or details which we need to be aware of. Also reference of where these are captured on Amex site would be helpful

 

[bing1309]

Amex is good for 1st year after that useless. Same exception like all other credit cards in market

 

[virat#889]

Insurance payment on Amex Gold charge card got me 0 reward points. Didnt notice this exception in benefits rewards for the card. Any other exceptions or details which we need to be aware of. Also reference of where these are captured on Amex site would be helpful

Hi I did 6 transactions more than 1k on my gold card.
When will i get 1000 Mr points for this?
will i get after this month or shd it come instantly after making 6 transactions ?

 

[ManojGowda]

Once your transactions get settled, you will get the bonus 1k points.