Best LTF to add in collection

[Baki]

Here is List of Cards i have.

Axis Magnus
Axis Flipkart
Axis ACE
BOB eterna
HDFC Business regalia LTF
HDFC swiggy
HDFC TATA Neu infinity FYF
HDFC UPI (Virtual rupay)
IDFC First Select LTF
SBI Cashback FYF
SBI Prime (Closed)
SBI Simplyclick
ICICI MMT LTF
ICICI Apay LTF
AU LiT LTF

I don't pay fees on any of the card, As i meet Spend based Criteria Nearly on all, So i will add on LTF now, Suggest me best LTF & Its benefits (Keeping Cibil inquiries in mind)

 

[pranavcool]

Kotak white but i guess offer gone

 

[Baki]

Kotak white but i guess offer gone

Will check Im looking to add all major banks ccs for amzon offers (As i mostly buys gold from their)

Do Myntra Kotak gives 10% instant on Amzon Flipkart?

 

[AlgoTrader]

Will check Im looking to add all major banks ccs for amzon offers (As i mostly buys gold from their)

Do Myntra Kotak gives 10% instant on Amzon Flipkart?

isn't gold costlier than market price in amazon?

 

[Baki]

isn't gold costlier than market price in amazon?

With 10% instant & Gst benefits its Cheaper.

As i have to purchase in white income, as all my income is white, Market+Gst cheaper on amzon with 10% instant offer. (2g) in each order

 

[AlgoTrader]

With 10% instant & Gst benefits its Cheaper.

As i have to purchase in white income, as all my income is white, Market+Gst cheaper on amzon with 10% instant offer. (2g) in each order

Same here, have to use white. but i thought price in amazon is inflated and 10% discount is offered on inflated price. When you buy next time, can you post the price and link of what you are buying? I would like to get a gram or 2 every few months

 

[AlgoTrader]

With 10% instant & Gst benefits its Cheaper.

As i have to purchase in white income, as all my income is white, Market+Gst cheaper on amzon with 10% instant offer. (2g) in each order

and what is the GST benefit if I may ask? you mean, do you use business account to claim gst back?

 

[Baki]

and what is the GST benefit if I may ask? you mean, do you use business account to claim gst back?

Got gst on individual name. Yes, can be used as business promotion too. So we can claim gst benefit too.

 

[Baki]

B

Same here, have to use white. but i thought price in amazon is inflated and 10% discount is offered on inflated price. When you buy next time, can you post the price and link of what you are buying? I would like to get a gram or 2 every few months

Banglore refinery bars are most well priced, today is going on Fedral banks card, but i dont have one 🙁

 

[codenerd]

Will check Im looking to add all major banks ccs for amzon offers (As i mostly buys gold from their)

Do Myntra Kotak gives 10% instant on Amzon Flipkart?

Generally including GST, whats the avg cost per 2 gm 24kt gold coin? I recently bought 2gms from Safegold at around 13K.

 

[codenerd]

Also how is someone getting LTF HDFC Swiggy? I have been a swiggy one customer for a year now with good amount of orders and yet not getting LTF!

 

[AlgoTrader]

B

Banglore refinery bars are most well priced, today is going on Fedral banks card, but i dont have one 🙁

Thanks for the response. Current market price of 24K gold is 5945, so for 2 grams approx 11900, 380 gst, 600 making charges takes it to around 13K. Same price I am seeing for Banglore refinery bars in amazon. so 10% upto 750 for fed bank is our profit, right? 750 rupees... And is it easy to sell if we want to?
Because we can generally get making charges of 600 waived off for coins when we buy at stores. So net profit will be around only 100-150, right? am i missing anything here bro?

 

[Baki]

Thanks for the response. Current market price of 24K gold is 5945, so for 2 grams approx 11900, 380 gst, 600 making charges takes it to around 13K. Same price I am seeing for Banglore refinery bars in amazon. so 10% upto 750 for fed bank is our profit, right? 750 rupees... And is it easy to sell if we want to?
Because we can generally get making charges of 600 waived off for coins when we buy at stores. So net profit will be around only 100-150, right? am i missing anything here bro?

Buy 1g if it's upto 750 discount, Buying gold is an Art, you have to become artist for the same, and their someone cashback also going on time to time, Because is the best spend we can do online, Ex: Using axis ace u will get 2% cashback + 10% instant + 3 gst , so whole this could be alot more cheaper than market, For someone like me, i can save 30% tax as it gonna count expense, win win situation.

 

[Baki]

Also how is someone getting LTF HDFC Swiggy? I have been a swiggy one customer for a year now with good amount of orders and yet not getting LTF!

My use make every card LTF, if can't spend enough using that I don't opt for that card (spend base renewal)

 

[Baki]

Generally including GST, whats the avg cost per 2 gm 24kt gold coin? I recently bought 2gms from Safegold at around 13K.

I purchased around 11,600 inc. gst last week

 

[sidmanraj]

Buy 1g if it's upto 750 discount, Buying gold is an Art, you have to become artist for the same, and their someone cashback also going on time to time, Because is the best spend we can do online, Ex: Using axis ace u will get 2% cashback + 10% instant + 3 gst , so whole this could be alot more cheaper than market, For someone like me, i can save 30% tax as it gonna count expense, win win situation.

How it is going to save tax. I am a salaried person. My father is pawn broker.

 

[Baki]

How it is going to save tax. I am a salaried person. My father is pawn broker.

Sadly salary person can't show any business expenses. But a business owmer can show their income as low as 8% of total income.

 

[Bluewaves]

I purchased around 11,600 inc. gst last week

Can you let us know how you bought it from 11.6k?

 

[Baki]

Can you let us know how you bought it from 11.6k?

Refer image for breakup, again u need to to evaluate accord to offer running from time to time, its 2 Week old oder breakup (200 Amazon jewelery cashback)

 

[drsel]

I purchased around 11,600 inc. gst last week

What is the resale price you are getting from any gold shop?