Best use of 10k Tata Cliq Voucher via Magnus

[Vipsssy]

Hello Friends,

I have opted for 10k Tata Cliq vouher via Magnus welcome benefits. Can you please tell me the best purchase from Tata Cliq possible? How is everybody spending their 10k voucher from Magnus on Tata Cliq? Asking because most the product prices are inflated in comparison to other websites.

Appreciate any guidance on the same! Thanks

 

[Slayer]

No sir, please read my comment again.

Can you explain it, i did not understand

I'm talking about the welcome/annual benefits associated with magnus - 10k tatacliq voucher

You said that we should buy voucher from gift edge and get X points and buy gold of 20k

But that is mutually exclusive of utilising the 10k welcome benefit

We can use giftedge to buy vouchers and convert them to gold anyway during any promo.

But herein I am talking about maximising the value of the tatacliq voucher and not the amount spent using Magnus on giftedge

 

[Wealth is my birth right!]

Anybody who is getting magnus I think is okay with getting airmiles, so I think the best would be to buy 10k voucher from gift edge, get 5x point+ 3x point as per this month's offer. The return would be 30%+ and then buy gold worth 20k.

Agree with the plan for 62500 spending for 7500 points before 31st

 

[manikP]

Can you explain it, i did not understand

I'm talking about the welcome/annual benefits associated with magnus - 10k tatacliq voucher

You said that we should buy voucher from gift edge and get X points and buy gold of 20k

But that is mutually exclusive of utilising the 10k welcome benefit

We can use giftedge to buy vouchers and convert them to gold anyway during any promo.

But herein I am talking about maximising the value of the tatacliq voucher and not the amount spent using Magnus on giftedge

I was replying on your previous comment where you were suggesting to buy gold at a loss and wait for 6.5-8.5% CAGR to kick in and when the price matches the market price(in a couple of years) then sell it.

So I suggested if someone is so fixated on not facing loss, then buy another 10k voucher at 30%+ discount (5x + 3x) and purchase 20k worth gold, sell it, then overall its a profit and you won't have to wait 1-2 years.

And yes you can do it anytime (in October).

 

[coinhunter]

I was replying on your previous comment where you were suggesting to buy gold at a loss and wait for 6.5-8.5% CAGR to kick in and when the price matches the market price(in a couple of years) then sell it.

So I suggested if someone is so fixated on not facing loss, then buy another 10k voucher at 30%+ discount (5x + 3x) and purchase 20k worth gold, sell it, then overall its a profit and you won't have to wait 1-2 years.

And yes you can do it anytime (in October).

This sounds good but isn't it that jewellery is excluded to accumulate points? Can you please verify this one?

 

[Slayer]

This sounds good but isn't it that jewellery is excluded to accumulate points? Can you please verify this one?

No, he will buy Tatacliq voucher

 

[Vipsssy]

This sounds good but isn't it that jewellery is excluded to accumulate points? Can you please verify this one?

we do get points on jewellery purchase...who told you we don't get?

 

[Vipsssy]

This sounds good but isn't it that jewellery is excluded to accumulate points? Can you please verify this one?

please share TnC where you see jewellery not included

 

[0b110]

This sounds good but isn't it that jewellery is excluded to accumulate points? Can you please verify this one?

You have any official document confirming spending in gold does not qualify for the milestone?

Even if it were, here is how you make the purchase
a. Use the 10k gift voucher
b. Buy a new tata cliq gift voucher from gyftr for additional amount you wish (this is to utilize the ongoing 3x points offer.)

Assuming you can use both the vouchers in the same order, buy the gold you wanted. Note that you just purchased the voucher and there is no way the bank can know what you used the voucher for.

 

[Slayer]

You have any official document confirming spending in gold does not qualify for the milestone?

Even if it were, here is how you make the purchase
a. Use the 10k gift voucher
b. Buy a new tata cliq gift voucher from gyftr for additional amount you wish (this is to utilize the ongoing 3x points offer.)

Assuming you can use both the vouchers in the same order, buy the gold you wanted. Note that you just purchased the voucher and there is no way the bank can know what you used the voucher for.

Thanks for elaborating (felt too bored to type out 100 words) 😛 😛

 

[coinhunter]

You have any official document confirming spending in gold does not qualify for the milestone?

Even if it were, here is how you make the purchase
a. Use the 10k gift voucher
b. Buy a new tata cliq gift voucher from gyftr for additional amount you wish (this is to utilize the ongoing 3x points offer.)

Assuming you can use both the vouchers in the same order, buy the gold you wanted. Note that you just purchased the voucher and there is no way the bank can know what you used the voucher for.

Don't get me wrong. I just want to confirm because I read it somewhere that it won't accumulate regular points but it credits on your milestone. Something like that. That is why I am asking for clarification 🙂

 

[0b110]

Thanks for elaborating (felt too bored too type out 100 words) 😛 😛

Here for your service!! 😛

 

[coinhunter]

You have any official document confirming spending in gold does not qualify for the milestone?

Even if it were, here is how you make the purchase
a. Use the 10k gift voucher
b. Buy a new tata cliq gift voucher from gyftr for additional amount you wish (this is to utilize the ongoing 3x points offer.)

Assuming you can use both the vouchers in the same order, buy the gold you wanted. Note that you just purchased the voucher and there is no way the bank can know what you used the voucher for.

This is exactly how I did. Cheers!

 

[0b110]

Don't get me wrong. I just want to confirm because I read it somewhere that it won't accumulate regular points but it credits on your milestone. Something like that. That is why I am asking for clarification 🙂

Might be true if you use the card to directly buy gold.. instead use card to buy the voucher and use the voucher to buy thr gold.

 

[coinhunter]

Might be true if you use the card to directly buy gold.. instead use card to buy the voucher and use the voucher to buy thr gold.

Got it. That makes sense but isn't it that we have a max of 10k only for vouchers?

 

[0b110]

This is exactly how I did with my Tata Cliq voucher. Cheers!

Wanted to buy the Bangalore refinery gold as it is 99.99% but it is always out of stock. Are you planning to sell the gold right away or hold on to it? Need some data point for how much of a haircut you have to take when reselling to jeweler.

 

[0b110]

Got it. That makes sense but isn't it that we have a max of 10k only for vouchers?

Are you saying there is a cap in tata cliq of 10k when buying via vouchers? That's news to me too.

 

[Slayer]

Are you saying there is a cap in tata cliq of 10k when buying via vouchers? That's news to me too.

Edgerewards is letting you add 100k worth of tatacliq vouchers and also 5X points on the said purchase amount (most likely)

 

[Slayer]

Got it. That makes sense but isn't it that we have a max of 10k only for vouchers?

Also what he's trying to imply is that max amount of voucher which is sold is of 10k denomination

 

[0b110]

H

Also what he's trying to imply is that max amount of voucher which is sold is of 10k denomination

Hmm.. I think he has got enough responses to allay his fears/doubts. Hope he is able to get the vouchers he needs and make the purchase.

 

[Wealth is my birth right!]

H
Hmm.. I think he has got enough responses to allay his fears/doubts. Hope he is able to get the vouchers he needs and make the purchase.

Yes Sunday morning lot of valuable inputs/ clarifications