Amex stops RP for wallet load in Singapore. India could be next...

[gautamcool]

Article link
If they do the same here, there will be cancellations from those who use Amex just to buy Amazon vouchers for monthly bonus targets

 

[Wealth is my birth right!]

Article link
If they do the same here, there will be cancellations from those who use Amex just to buy Amazon vouchers for monthly bonus targets

MobiKwik revenue huge in India in which Amex is a promoter so hopefully we r safe

 

[rj_arora]

MobiKwik revenue huge in India in which Amex is a promoter so hopefully we r safe

You mean Mobikwik Pocket UPI wallet load via Amex?

 

[Wealth is my birth right!]

You mean Mobikwik Pocket UPI wallet load via Amex?

Yes the same
Till last year I used housing.com rental by Amex which has reasonable charges than MobiKwik but now closed

 

[rogerthat]

Lol the entire reason for the existence of Amex Platinum Travel is for loading up wallets up to 4L to meet the milestone target. They do this and Amex is dead in the water in India.
High fees
Low rewards
No acceptance

 

[rj_arora]

Yes the same
Till last year I used housing.com rental by Amex which has reasonable charges than MobiKwik but now closed

So is Mobikwik the cheapest way now? Or is there any other cheaper method?

 

[SonyTom]

Loading mobikwik after paying 3%, for achieving milestones is not advisable

 

[rogerthat]

Loading mobikwik after paying 3%, for achieving milestones is not advisable

Not all of it, but at least half.

 

[Wealth is my birth right!]

So is Mobikwik the cheapest way now? Or is there any other cheaper method?

Currently MobiKwik I am using for monthly spends like car cleaner laundry water can etc
I have advance tax paying commitments so I am using there for some lakhs every quarter

 

[Dragon_slayer]

Loading mobikwik after paying 3%, for achieving milestones is not advisable

Any other suggestions?

 

[SonyTom]

Any other suggestions?

Use for tax payment

 

[sousnake]

Btw.. I haven't got reward points for my transaction on gold card on 27 Sep and didn't got milestone points as well.
Did anyone faced this issue as well?