Devaluation Amex Gyftr going to add 0.75% fee on Amazon Pay vouchers from Feb 1st

[Yugi]

Effective 1 February 2025, a 0.75% convenience fee + GST will be charged on the purchase of Amazon Pay and Amazon Shopping gift vouchers via e-voucher platform on Reward Multiplier.

Amex has also joined the bandwagon of charging convenience fee on Amazon vouchers. Firstly there is shortage of high denomination Amazon pay vouchers and now this. Received this mail for Plat travel card.

 

[BVCBVC is verified member.]

They should have excluded plat charge atleast

Yeah, Amex should’ve done that. Seems that’s from Amazon.

 

[jhanishdev]

So, how is everyone going to pay utility bills with Amex now? Half do not accept Amex, others have conv charges.

anybody thought about this? What is the next best alternative to paying utilities?

 

[Pissant]

So, how is everyone going to pay utility bills with Amex now? Half do not accept Amex, others have conv charges.

By using Amex Gold + Amazon Vouchers. It is still decent as it's 5X. And hopefully along with these new charges they are also bringing back larger denomination vouchers.

 

[jhanishdev]

By using Amex Gold + Amazon Vouchers. It is still decent as it's 5X. And hopefully along with these new charges they are also bringing back larger denomination vouchers.

What about Platinum travel?

 

[Pissant]

What about Platinum travel?

It's still like 3% if you consider 1MR = 0.5INR + it helps you achieve the milestone benefit. Otherwise use something else like the Tata Neu Infinity, Axis Atlas.

 

[BK7]

Is it still worth to hold amex mrcc ?

 

[jk51]

Is it still worth to hold amex mrcc ?

If you intend to earn those points through Apay voucher purchase in Reward multiplier and then redeem those MR points for Amazon/Flipkart voucher in Gold collection then no.

 

[BK7]

If you intend to earn those points through Apay voucher purchase in Reward multiplier and then redeem those MR points for Amazon/Flipkart voucher in Gold collection then no.

I am scoring those 1000 points monthly by purchasing Apay vouchers from multiplier, my main purpose to get MR points to use for flight tickets, currently I am standing at 36K points I don't know how much points I need to travel on International trip. Amex is hardly accepted by any offline store and few payment gateways like Razorpay not supporting Amex cards.

 

[brucelee]

I am scoring those 1000 points monthly by purchasing Apay vouchers from multiplier, my main purpose to get MR points to use for flight tickets, currently I am standing at 36K points I don't know how much points I need to travel on International trip. Amex is hardly accepted by any offline store and few payment gateways like Razorpay not supporting Amex cards.

Cancelled my mrcc today, better to deal with straight cashback cards instead of this circus.

 

[nh124001]

Cancelled my mrcc today, better to deal with straight cashback cards instead of this circus.

if you are not into travelling then cashback cards are better option

 

[jk51]

I am scoring those 1000 points monthly by purchasing Apay vouchers from multiplier, my main purpose to get MR points to use for flight tickets, currently I am standing at 36K points I don't know how much points I need to travel on International trip. Amex is hardly accepted by any offline store and few payment gateways like Razorpay not supporting Amex cards.

If you are planning to transfer to an airline partner and have done your math with regards to the destination/route revenue rates vs redemption rates then it’s your call. From what I can see those who are spending to get points basis rewards multiplier through Apay voucher purchase and redemption for Apay/Flipkart Gold collection the return comes to less than 5% in case of MRCC/Gold Charge.

 

[VedKarma]

When can we start charging inconvenience fees to these banks

 

[malavkarkar]

When can we start charging inconvenience fees to these banks

You can start doing that by voting with your wallet.

 

[nh124001]

When can we start charging inconvenience fees to these banks

50-70L depoist karvao... 2-3mnths tak rakho.. fir saara paisa withdraw and account close..sathh mein BM ko boldena bekar service hai isliye jaarha hu... fir dekhna BM ki shakal.. 😈

 

[flyhighpaper34]

is this the reason that there is no amazon vouchers/gc available in gyftr site ?

 

[BVCBVC is verified member.]

is this the reason that there is no amazon vouchers/gc available in gyftr site ?

That's the usual problem in beginning days of the month. They will stock it up.