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Amex Platinum Metal offer
- Thread starter eve
- Start date
PiperatGatesofDawn
TF Premier
While that is flawed logic since OW international fares are generally skewed and occasionally more than RT prices... still.... however I can get revenue fares of around 83k in lie flat on AY.
Show me the dates during Cherry Blossom season you have J tickets available on CX and we can compare that. 🙂
And saying that if you take a X award flight on Y date in Z class and then and only then will be able to recover your Amex fees you've lost the argument there. Because what you're really saying is - if you don't/can't do that you're screwed.
Marriot is indeed a very good program for Amex too
But you can definitely get very good value on Amex on FFP
Let's take my example
I bought referrals with 2000 Apau voucher
Against 2 of my cards let's says Plat travel and MRCC
150k referral bonus a year
So I earned 300k Amex Points with 38 referrals
I paid total 2000*38 total of 76000 to earn .
I transferred those 300k Amex points to Cathay Pacific for 150k miles
Using that I redeemed 3 Pax return flight from Delhi to Hong Kong in business class
And paid 45000 in taxes
So in total 121000 I got 3 return Del-HK in business class
Now let's assume Out of those 300k points , OP got 115k points by getting plat charge of 70800
Remaining 1.85L points he bought using this referral mechanism itself that is he paid 23×2000 = 46000
Total he paid 70800+46000+45000 that is 1.62L
Now can anyone tell me how is that a loss deal when you got around 3-4 lakhs worth of flight plus a plat charge card that gives MB gold , oberoi third night free, unlimited lounge plus Centurion lounge access etc .
And how has he not been able to recover the joining fees ?
Now when I say redemption is an art , redemption for me is not just finding a award saver, there are 100's of influencers available in twitter who can give paid consultation I won't go into details
Redemption for me is not just the way of burning points rather it is also how you earn points.
There are multiple ways of earning points to name a few
You can buy Amex points at 40paise from Amex upto 10k per card
You can get a new card like plat charge and get 100-115k points for 70800 at 60 Paisa a points
Now you can also earn 48k MR on your plat travel by just paying 12k INR.
Anyways, my suggestion to OP was completely based on my personal experience of earning and burning points
If he feels he can get simmilar return
He can get the card otherwise he can skip.
CARDBITRAGE
TF Legend
Sure. But take the referrals out of the picture, then it'll be hard to extract value from flights alone. 115 MR translates to 57.5k asia miles, so what can that get you?
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Or 55.5k flight to Qatar
That can get you a return flight to Zurich or Paris or Kenya with lower taxes .
But as we all know Y redemptions are not at all value for money rather those 115k MR can be clubbed with regular MR points earned through various other points accumulation mechanisms that I slightly gave an insight of how to get
And then redeemed against J or may be a F on Emirates etc which is once In a life experience and no one even thinks off purchasing a first class revenue ticket.
PiperatGatesofDawn
TF Premier
And if he can rotate his money effectively, he can get the 1.85L points without paying that as well. None of these are normal spends my friend. Referrals as we have seen earlier can get closed any time. Those are not quite things to bank on. If any of them happens, that's a bonus.
I redeem miles usually around ₹2-6 in J & F. But I always always value a mile at ₹1 to ensure I have some protection against future devals and other uncertainties. That's the only way to plan when dealing with miles.
Amex transfers at 2:1, Amex points can be valued at ₹57.5k. And because the points are so few it requires you to redeem with a high taxes and fees (low miles) FFP. So it requires substantial futher investments which OP may or may not be keen to do.
The only way Amex comes out on top with the 115k points is OP can transfer during a very generous transfer bonus and then redeem perfectly during the bestest sale. But that's not the way to plan. If that happens along the way it's fantastic.
Maybe there are other ways for OP to get back his investment. Maybe he plays golf somewhere where the green fees are 3k, 30 times a year. Who knows. But 115k Amex points for Rs. 71,000 is a massive massive challenge to recover in itself.
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I just showed you how I got 3 lakhs worth of flight with just 1.21 lakhs of spends
Everything was legitimate with no money rotation and I can share the same on twitter If you want tagging Amex.
If that doesn't prove my point then I think nothing can .
So let's just close this here .
PiperatGatesofDawn
TF Premier
How many months was referrals abruptly closed for? Could it happen again? Is that something to plan redemptions with? Is OP willing to invest 1.2L or the time and effort? Is he guaranteed the same referral success a "TF Legend" will have?
Thats something upto the OP
I earned 300K Amex points within 25-30 days in twitter .
Also I bought 40k Amex points for 16k from Amex directly .
Anyways let the OP decide my friend
There is no point in arguing with me
PiperatGatesofDawn
TF Premier
Exactly. Which again goes back to the same point... that the 71k you're investing is not being directly recovered from the 115k points you're getting.
For instance in some other card you give 10k fees and you get a 10k miles or something similar. That isn't the case here. That's all.
Can you get some value back with more spends etc., overall, probably. Would it be better or worse than other similar cards, depends.
Ok let's come to the points
Let's take current Krisflyer promotion
In 64500 + 5000INR you can get a return to Auckland
115k points at 70800 + 10k points at 4000 total 1.25 and some more spends that is 1.29L MR points
That is 64500 Kris Flyer Miles you get to fly Auckland return in Economy .
Anyways just lets just close this topic .
PiperatGatesofDawn
TF Premier
No. Let's keep arguing. Why do you keep wanting to stop?
So again, you have 57.5k miles. You have to spend more. Also, Krisflyer promotions come once every blue moon. It's not something you plan around. If it comes it's a bonus.
Spontaneous escapes come every month and are 99% of the time useless to Indians unless you're planning a last minute trip to Singapore.
Why is it 99% useless to Indians?
And redemptions has to be thought through
What do you think you get the miles and you book instantly without waiting for any offers ?
And why is the hurry Amex points dont expire
If someone has recent travel plans which is not flexible why would he do that with miles ??
Afaik miles redemptions has to be flexible inorder to extract values
And multiple FFP keep on running promotions one or at the other time
Why can't you wait to leverage that ?
I want to stop because it's an old post , OP might have already taken his decision there nothing we say can change his decision .
Your points are hypothetical based on searches from Skyscanner there is no example of award booking that you have given yet where as I have given you a proof of how I got 3 lakhs world of value of tickets using just 1.2 lakhs or 1.6 lakhs
I rest my case only on the basis of that redemption that's it where I managed to get a business class return for 3 of us with just 1.2 lakhs
PiperatGatesofDawn
TF Premier
Because they are valid only for the next month. And of value if we are planning a last minute dash to Singapore. Otherwise because of the way they're structured they're not easily available or economical to use to travel elsewhere.
Because you might have holidays, kids holidays, special occasions that you plan around. Maybe you can wait for offers maybe you can't. I wouldn't hold my breath for a KF or other offer. I would rather look for the best offer that suits my plans.
It might be valuable information to others considering the same thing.
Leave everything aside.
Before CX devaluatuin
Plat charge 70800 you get 115000
50k Asia miles + 15000
That is 100k Amex points
So in 85k you get business class return
Is it not good ?
Now come to current scenario
Business is available at 32k points that is 64k return
So 70800 + 4000+6000+15000 = 95800 for a business class return
Redemption in less than 45 days , award availability awesome
Does that not recover the charges for you ?
PiperatGatesofDawn
TF Premier
Left. 😀
Revenue flights are in the ₹1-1.1L range in early-mid December. With TE & miles accruals... that would make it an effective ₹75k-ish. Thus again losing miles on a J redemption!
10k per card is per year or only once?
Bhai I am redeeming flight why would I would want to earn miles in this ?
If we think like that we won't be able to redeem miles ever
Anyways Bhai please I can't do this anymore
Per year
I got 40k for this year
As Amex might stop it from next year would again purchase next year in early Jan
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