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best way to buy amazon pay /amazon shopping voucher

amazon pay / amazon shopping voucher
best way to get maximum rewards/cashback with monthly limit for all types of cards
like hdfc, axis, sbi, amex etc.
 
Using the same logic and calculations, Amex MRCC 1500 x 4 gives you a higher return, after deducting 885 annual fees on a pro rata basis for 16 months and spending 96000 in 16 months

Approx 6.06% return ( assuming Amazon pay is worth 100% cash).
But there is a much longer waiting period of 16 months.
 
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Please deduct the Amex MRCC annual fees of 885 (50% discount) on a pro rata basis for 7.5 months out of 12 months.
Also let's assume for the sake of simplicity, that Amazon pay vouchers are worth 100% cash, because they are quasi cash.

7000-553/150000 works out to 4.30% return

But remember that Amazon pay vouchers can be bought at a discount of 5% or more
Thanks for your insights and my bad to mention that i am holding MRCC as LTF.
 
Please deduct the Amex MRCC annual fees of 885 (50% discount) on a pro rata basis for 7.5 months out of 12 months.
Also let's assume for the sake of simplicity, that Amazon pay vouchers are worth 100% cash, because they are quasi cash.

7000-553/150000 works out to 4.30% return

But remember that Amazon pay vouchers can be bought at a discount of 5% or more
Dang! So better to get 5% CB via SBI CB?

Can someone counter this math?
 
Using the same logic and calculations, Amex MRCC 1500 x 4 gives you a higher return, after deducting 885 annual fees on a pro rata basis for 16 months and spending 96000 in 16 months

Approx 6.06% return ( assuming Amazon pay is worth 100% cash).
But there is a much longer waiting period of 16 months.
1% Lost over that time.
 
Let me be the kind member... 🙂

These are not all cards just the top cards as per me.

Magnus assumes 4:5 conversion with Burgundy account.

Vouchers bought through the respective reward multiplier portals.

Point value is taken which can bit conservative.

Though its pretty self explanatory but happy to answer in case of any doubt.

CardSpendProcessing FeeTotal ChargeBase PointsBonus PointsMilestone PointsTotal PointsConversion to MilePoint ValueNet Reward Post ChargesEff Reward Rate
Diners
20000​
767​
20767​
665​
1330​
0​
1995​
1​
1​
1228​
6.14%​
Magnus
10000​
0​
10000​
600​
600​
0​
1200​
0.8​
1​
960​
9.60%​
Amex Plat
10000​
0​
10000​
250​
1000​
0​
1250​
1​
0.5​
625​
6.25%​
Amex MRCC
20000​
0​
20000​
400​
400​
2000​
2800​
1​
0.5​
1400​
7.00%​
Amex MRCC
6000​
0​
6000​
120​
120​
1000​
1240​
1​
0.5​
620​
10.33%​
Amex Plat Travel
400000​
0​
400000​
8000​
8000​
40000​
56000​
1​
0.5​
28000​
7.00%​
Amex Gold
6000​
0​
6000​
120​
480​
1000​
1600​
1​
0.5​
800​
13.33%​
Infinia
20000​
767​
20767​
665​
2660​
0​
3325​
1​
1​
2558​
12.79%​
Doesn't Amex Plat Travel give 3x rewards in Reward Multiplier? While Amex Gold looks high, lack of fee waiver, assuming annual fees are charged, makes it very less compared to % quoted here.
 
Let me be the kind member... 🙂

These are not all cards just the top cards as per me.

Magnus assumes 4:5 conversion with Burgundy account.

Vouchers bought through the respective reward multiplier portals.

Point value is taken which can bit conservative.

Though its pretty self explanatory but happy to answer in case of any doubt.

CardSpendProcessing FeeTotal ChargeBase PointsBonus PointsMilestone PointsTotal PointsConversion to MilePoint ValueNet Reward Post ChargesEff Reward Rate
Diners
20000​
767​
20767​
665​
1330​
0​
1995​
1​
1​
1228​
6.14%​
Magnus
10000​
0​
10000​
600​
600​
0​
1200​
0.8​
1​
960​
9.60%​
Amex Plat
10000​
0​
10000​
250​
1000​
0​
1250​
1​
0.5​
625​
6.25%​
Amex MRCC
20000​
0​
20000​
400​
400​
2000​
2800​
1​
0.5​
1400​
7.00%​
Amex MRCC
6000​
0​
6000​
120​
120​
1000​
1240​
1​
0.5​
620​
10.33%​
Amex Plat Travel
400000​
0​
400000​
8000​
8000​
40000​
56000​
1​
0.5​
28000​
7.00%​
Amex Gold
6000​
0​
6000​
120​
480​
1000​
1600​
1​
0.5​
800​
13.33%​
Infinia
20000​
767​
20767​
665​
2660​
0​
3325​
1​
1​
2558​
12.79%​
this is a very helpful post! thank you so much
 
Inifinia close second and this seems good validation for me 🙂 Buy some of this amount as Amazon shopping voucher ( no extra charge on that over as compared to Amazon pay voucher) and the return % may get equal or better than Amex Gold I suppose.

Regards,
Balpreet Singh
Infinia is the #1, as the processing fees have come down, now it is 590Rs instead of Rs 767 quoted in the post, making it 13.675%.

Also Amex Gold, has a high renewal fee which will not be reversed or waived off for 72K annual spends, and the rewards fall of steeply post 72K.
 
Infinia is the #1, as the processing fees have come down, now it is 590Rs instead of Rs 767 quoted in the post, making it 13.675%.

Also Amex Gold, has a high renewal fee which will not be reversed or waived off for 72K annual spends, and the rewards fall of steeply post 72K.
and LTF infinia would be another good point to take it further ahead
 
Let me be the kind member... 🙂

These are not all cards just the top cards as per me.

Magnus assumes 4:5 conversion with Burgundy account.

Vouchers bought through the respective reward multiplier portals.

Point value is taken which can bit conservative.

Though its pretty self explanatory but happy to answer in case of any doubt.

CardSpendProcessing FeeTotal ChargeBase PointsBonus PointsMilestone PointsTotal PointsConversion to MilePoint ValueNet Reward Post ChargesEff Reward Rate
Diners
20000​
767​
20767​
665​
1330​
0​
1995​
1​
1​
1228​
6.14%​
Magnus
10000​
0​
10000​
600​
600​
0​
1200​
0.8​
1​
960​
9.60%​
Amex Plat
10000​
0​
10000​
250​
1000​
0​
1250​
1​
0.5​
625​
6.25%​
Amex MRCC
20000​
0​
20000​
400​
400​
2000​
2800​
1​
0.5​
1400​
7.00%​
Amex MRCC
6000​
0​
6000​
120​
120​
1000​
1240​
1​
0.5​
620​
10.33%​
Amex Plat Travel
400000​
0​
400000​
8000​
8000​
40000​
56000​
1​
0.5​
28000​
7.00%​
Amex Gold
6000​
0​
6000​
120​
480​
1000​
1600​
1​
0.5​
800​
13.33%​
Infinia
20000​
767​
20767​
665​
2660​
0​
3325​
1​
1​
2558​
12.79%​
@drsel - This was the sheet I was trying to recall as compared to the math you had shared.

Why cant we have some SHARED community sheets with variables and rectifications so that we are aware of how this data plays.
 
@drsel - This was the sheet I was trying to recall as compared to the math you had shared.

Why cant we have some SHARED community sheets with variables and rectifications so that we are aware of how this data plays.
Really like this idea. Moreover I want to know same thing for Regalia. As Regalia is more common than Infinia. So is it even worth using it this way
 
Right. So total points would be 40000 (Bonus)+ 24000 (3X Reward Multiplier) = 64000.
Value assuming 0.5 conversion will be Rs 32000 Plus Rs 10000 Taj voucher = Rs 42000 (10.5%). This is assuming your renewal charges are waived.
This calculation assumes full 400000 spend on the rewards multiplier portal to get 3X points. May not be very practical for many. I think 10000 spend on AGC per month and other spends to achieve milestone maybe more accurate.
 
This calculation assumes full 400000 spend on the rewards multiplier portal to get 3X points. May not be very practical for many. I think 10000 spend on AGC per month and other spends to achieve milestone maybe more accurate.
Earlier monthly limit to buy AGC was 20k a month which is now 10k.
With 10k a month (more practical) you still get 52800 points a year plus 10k Taj voucher. This card is only for those who can spend 4L in a year otherwise MRCC is better.
 
Earlier monthly limit to buy AGC was 20k a month which is now 10k.
With 10k a month (more practical) you still get 52800 points a year plus 10k Taj voucher. This card is only for those who can spend 4L in a year otherwise MRCC is better.
Even if you value the point at 35 paisa and the Taj 10000 at 6000, return is only 6%
 
Even if you value the point at 35 paisa and the Taj 10000 at 6000, return is only 6%
If you’re using points for something that values 35 paisa then you’re not utilising the card to it’s fullest. This card is for travellers as the name says and gives much better value if you use for Hotels like Marriott or Taj. I use for Marriott and easily get value more way than 1Re. I only redeem when Marriott runs 30% bonus points offer so that brings value to even more. Also, when booking through points, Marriott almost always upgrades your room.
For non travellers, 6% return isn’t bad either.
 
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