helloworld
TF Legend
Update 03-Sep: FYF offer not applicable on referral links too and also MRCC has full fee (probably up-to 22 Oct), do check and apply
Ideally,
Return calculation considerations:
so 10k Taj = Rs.5714 Amazon pay voucher based on 24K collection
DM / look for signature if you're looking for help to apply AMEX cards (need valid address proof from serviceable location). May get referral benefits for both. TIA
Other comparisons:
- https://www.technofino.in/community/threads/whats-your-gold-charge-retention-offer.14690/
- https://www.technofino.in/community/threads/atlas-vs-regalia-gold-vs-horizon.26500/
- (with drsel) https://www.technofino.in/community/threads/yes-marquee-vs-yes-reserv-3x-vs-yes-reserv-5x.24652/
- https://www.technofino.in/community/threads/au-zenith-vs-au-zenith.18143/
| Category | MRCC | Gold Charge | Plat. Travel | Plat. Reserve |
| Joining Fee (with referral + GST) | 1180 | ₹1,180 | 4130 | ₹11,800 |
| Joining Benefits (with referral) | 2000+4000 MR (on spending ₹15,000) | 6000 MR (on spending ₹15,000) | 12000 MR (on spending ₹15,000) | 15000 MR (on spending ₹25,000) |
| Net % (for JF and benefits) 1 MR = 0.33p (link) | + ₹820 | + ₹820 | - ₹130 | - ₹6,850 (instead there are multiple memberships available, do check them) |
| Milestone Benefits | Spend ₹1,500 x 4 times in a month = 1000 MR Spend ₹20,000 in a month = 1000 MR (both can be clubbed together) | Spend ₹1,000 x 6 times in a month = 1000 MR | Spend ₹1,90,000 in a year = 15000 MR Spend ₹4,00,000 in a year = 25000 MR + 10,000 Rs. Taj Experiences Gift Card (both can be clubbed together) | Spend ₹50,000 in a month = 1000 Rs. Gift Card |
| Renewal Fee (with referral + GST) | ₹1,770 | ₹5,310 | ₹5,900 | ₹11,800 |
| Reward Multipler (link) | 2x MR points | 5x MR points | 3x MR points | 3x MR points |
| Reward Return % (when 1 MR = 0.33p (link) amzn voucher) higher possible depends on redemption | ||||
| On 1.56L annual spends | 1x = 4.46% (12000 MR + 6000 MR + 3120 MR = 21120 MR) Spend 4x1500 for 12 months + Spend extra 14k for 6 months + regular MR for all spends | 1x = 3.19% (12000 MR + 3120 MR = 15120 MR) Spend 6x1000 for 12 months + regular MR for all spends | 1x = 0.66% (3120 MR) regular MR for all spends | 1x = 2.58% (3000 Rs. Gift Card + 3120 MR) Spend 50k for 3 months + regular MR for all spends |
| 2x = 5.12% Spend same on reward multiplier and get 2 MR / 50 | 5x = 5.83% Spend same on reward multiplier and get 5 MR / 50 | 3x = 1.98% Spend same on reward multiplier and get 3 MR / 50 | 3x = 3.90% Spend same on reward multiplier and get 3 MR / 50 | |
| On 2L annual spends | 1x = 4.12% (12000 MR + 9000 MR + 4000 MR = 25000 MR) Spend 4x1500 for 12 months + Spend extra 14k for 9 months + regular MR for all spends | 1x = 2.64% (12000 MR + 4000 MR = 16000 MR) Spend 6x1000 for 12 months + regular MR for all spends | 1x = 3.13% (15000 MR + 4000 MR = 19000 MR) Spend 1.9L + regular MR for all spends | 1x = 2.66% (4000 Rs. Gift Card + 4000 MR) Spend 50k for 4 months + regular MR for all spends |
| 2x = 4.78% (29000 MR) | 5x = 5.28% (32000 MR) | 3x = 4.45% (27000 MR) | 3x = 3.98% (12000 MR + voucher) | |
| On 4L annual spends (as per 24k collection.. 14000 Taj = 8000 amzn, so in that case 10000 Taj = 5714 Amazon pay) | 1x = 2.64% (12000 MR + 12000 MR + 8000 MR = 32000 MR) Spend 4x1500 for 12 months + Spend extra 14k for 12 months + regular MR for all spends | 1x = 1.65% (12000 MR + 8000 MR = 20000 MR) Spend 6x1000 for 12 months + regular MR for all spends | 1x = 5.43% (15000 MR + 25000 MR + 8000 MR = 48000 MR + 5714 adjusted Taj 10k) Spend 1.9L + Spend 4L + regular MR for all spends + 5714 adjusted Taj 10k) | 1x = 2.66% (8000 Rs. Gift Card + 8000 MR) Spend 50k for 8 months + regular MR for all spends |
| 2x = 3.3% (40000 MR) | 5x = 4.29% (52000 MR) | 3x = 6.84% (64000 MR + 5714) | 3x = 3.98% (24000 MR + voucher) | |
| On 6L annual spends (as per 24k collection.. 14000 Taj = 8000 amzn, so in that case 10000 Taj = 5714 amzn) | 1x = 1.98% (36000 MR) 2x = 2.64% (48000 MR) | 1x = 1.32% (24000 MR) 5x = 3.96% (72000 MR) | 1x = 3.90% (52000 MR + 5714) 3x = 5.22% (76000 MR + 5714) | 1x = 2.66% (12000 MR + 12000) 3x = 3.98% (36000 MR + 12000) |
Ideally,
- SmartEarn - to experience amex network compared to VISA, mastercard, Diners and Rupay, occasional spend based offers (low spends means no offer or offer on their affiliated program, not much but just for experience) and to see where you fit with their cards. Not a recommended card but can start with this one.
- MRCC - to spend 1.56L in a year with referral annual fee got waived and recommended card in amex (as per above table best for milestone benefits).
- Gold charge- occasional high spends, and mostly for 5x on their reward multiplier program. 1x not much beneficial but can be used for utilities and fuel milestone spends.
- Platinum Travel - best for either 4L spends (as per above table MRCC even works for upto 2L) and able to utilize or sell those Taj milestone vouchers.
- Platinum Reserve - for lounge, golf, accor plus, taj epicure, and monthly 50k spends.
Return calculation considerations:
- Above returns are based on 1 MR = 0.33p (as of today, we get amzn/fk vouchers at this value in their 18k/24k collection).
- You can use single MR pool account for all cards and can redeem for 18k/24k (make sure add new cards to existing username) for all cards.
- 10K Taj value considered as equivalent amzn voucher value as per 24k collection..
so 10k Taj = Rs.5714 Amazon pay voucher based on 24K collection
- Return values varies from person to person depends on redemption options. One may consider 1MR = 1Rs. for Marriott or 1MR = 0.50p for Taj or 1MR = 0.33p for amzn/fk vouchers. Above is lowest value, and it can only increase based on other redemption options.
- Return values also varies based on retention offer (check below gold charge retention thread about possible options, same applies all cards).
- Amex may not be the good network, so acceptance still an issue even in urban (start with basic card and check your surroundings and upgrade to better).
- 18k/24k can devalue at any time (last time they gave only 2 or 3 days time) so above values as of today, and no guarantee for tomorrow.
- Amex is best for security or disputes, so whenever you're purchasing from some new website use this card if they accept.
- All above cards milestones works for fuel spends too (so an alternative to fuel card).
- Amex not meant for regular rewards but for milestone benefits (if you can't achieve milestone, these cards are not for you).
DM / look for signature if you're looking for help to apply AMEX cards (need valid address proof from serviceable location). May get referral benefits for both. TIA
Other comparisons:
- https://www.technofino.in/community/threads/whats-your-gold-charge-retention-offer.14690/
- https://www.technofino.in/community/threads/atlas-vs-regalia-gold-vs-horizon.26500/
- (with drsel) https://www.technofino.in/community/threads/yes-marquee-vs-yes-reserv-3x-vs-yes-reserv-5x.24652/
- https://www.technofino.in/community/threads/au-zenith-vs-au-zenith.18143/
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