Have we finally settled on a mechanism to pay rent via an AmEx card?

[yashendra2797]

Hey, so I recently acquired the MRCC and Plat Travel (already have a Plat Charge), and wanted to reach the 4L milestone on my Plat Travel. I was thinking of doing 4X 5000 Amazon Pay GV transactions via gyftr on MRCC to hit both milestones.

I have to pay 11K rent from this month, and I was thinking of using the Plat Travel. Seems like the last 2 holdouts PhonePe and MobiKwik both have stopped rent payments via AmEx. What's the best method to pay rent now? Should I add money via the CC to PayTM and send it to my landlord? Or should I add money to Mobikwik, withdraw, and then UPI?

 

[paxauquabriba-4876]

There was a loophole back then

if u dont mind sharing the mechanism back then even in a cryptic way will be appreciated ?

 

[KingAAR]

if u dont mind sharing the mechanism back then even in a cryptic way will be appreciated ?

lol... it was just a bug where you could pay one credit card's bill with another cc with zero charge , it is not a trick per se, but a bug

 

[ray8285]

We can't use it since MQ allows only one time addition of 20k with Amex. After that for another card I tried this code and it didnt work.

Weird .. Works fine when I do with my amex ..

 

[yashvijay]

Weird .. Works fine when I do with my amex ..

For how many times did you use the code for 1% CB in a month?

 

[ray8285]

For how many times did you use the code for 1% CB in a month?

Whenever I load over 10k it works, which is ~8-9 times a month.

 

[SSV]

Whenever I load over 10k it works, which is ~8-9 times a month.

are you guys talking about "Century" code?

 

[divykk]

are you guys talking about "Century" code?

Yes
for “CENTURY”

 

[SSV]

Yes
for “CENTURY”

I used it about 5 times in 2 to 3 hours time last Saturday

 

[divykk]

I used it about 5 times in 2 to 3 hours time last Saturday

Yeah…it seems like it can be used unlimited times
But still it can’t compensate for 2.95% on AMEX cards

 

[SSV]

Yeah…it seems like it can be used unlimited times
But still it can’t compensate for 2.95% on AMEX cards

Yes for Amex cards not much useful .. but for milestone benefits, its okay, considering we get 1% back on CC payment using Plat Dc or something like that

 

[ray8285]

Yeah…it seems like it can be used unlimited times
But still it can’t compensate for 2.95% on AMEX cards

Yes for Amex cards not much useful .. but for milestone benefits, its okay, considering we get 1% back on CC payment using Plat Dc or something like that

If rent payment is what you want to do via amex this is your only option left.

If you load the money in tranches of 10K then effectively it becomes 1.95% + amex gives points for wallet load & depending on the card variant it can be ~250 points (Amex Plat) for a 10K wallet load, which then if transferred to MBV @ 1:1 at the very least, you can actually make money out of a rent transaction. So, see effectively you can very well pay rent to at almost no cost with your amex.

What you extract out of a transaction depends on how well you play it !

edit : Pay that bill using your exclusive IndusInd debit card via paytm or pay via HDFC Plat DC, you can earn more cash back !

 

[divykk]

What you extract out of a transaction depends on how well you play it !

Yes you are right…
Mostly I am a cashback minter so my mind always see the short term pros/cons.

Last week only i have got my Amex plat travel and am new to miles/loyalty game that’s why little reluctant on paying fee😅

 

[ray8285]

Yes you are right…
Mostly I am a cashback minter so my mind always see the short term pros/cons.

Last week only i have got my Amex plat travel and am new to miles/loyalty game that’s why little reluctant on paying fee😅

I, personally feel that we are still way behind the points / cashback game when compared to the US or even UK. It's only recently that more people are getting conscious of these things!!

I still remember the day when my dad had his his first Credit card way back in the 90s, his biggest satisfaction/happiness used be the ~45 grace period and being amongst the first to hold a "card" in our community (there were NO debit cards back then) 🥲 ...... Good ol' days & how much we have evolved since !!.. 😊

 

[yashvijay]

Yes for Amex cards not much useful .. but for milestone benefits, its okay, considering we get 1% back on CC payment using Plat Dc or something like that

Do you still get 1% cashback using HDFC Platinum DC? In my app the option to pay using DC is not available now.

 

[SSV]

Do you still get 1% cashback using HDFC Platinum DC? In my app the option to pay using DC is not available now.

Yes..
try in net banking

 

[sxchzy]

Do you still get 1% cashback using HDFC Platinum DC? In my app the option to pay using DC is not available now.

billpay is working try via netbanking

 

[neel007]

Hi have we got any direct solution for Rent payment by Amex?

 

[KingAAR]

Hi have we got any direct solution for Rent payment by Amex?

mobikwik 3 words

 

[abhiver]

mobikwik 3 words

MobiKwik is not allowing to pay rent with Amex card. Error message says " Card is not supported"

 

[sxchzy]

MobiKwik is not allowing to pay rent with Amex card. Error message says " Card is not supported"

Try wallet load