IMO yes, you are essentially paying only 900+ Gst.
Benefits: 3 movie ticket quarterly upto rs 500. ( More than enough for me to extract value out of this card)
Where did i use it most? Local jewellery shops. AU sometimes run special gold shopping offers. I spent 1 lac twice and got 3k amazon pay gc twice. Plus it counts for monthly milestone of 75k, so 1000 rp there. I didn’t check if i got regular RPs, if I got, it would be 5% return on my gold shopping. I anyways had to buy due to some occasions, just pushed it a lil earlier due to these offers. Plus they also rewarded for NPS payments in dec and jan.
And they have some good offers on flights every day of week and not just on emis like most offers nowadays, so that’s good too.
For the fees and for my spending pattern, it has been good so far. Not pushing for 8lac for fee waiver as I can’t get there.
At this point, for specific use cases, where other cards have excluded those categories, this has been a great card.