New Amex cards

[alok.p]

Hi

I have been using credit cards since almost 10/12 yrs but never really thought about Amex.
I have annual spend of around at least 6-8 lacs. Can anyone let me know which amex card would be best suited for me. I would like to have airmiles and do some trips abroad once a yr etc.
Also any referral would also be appreciated.

Happy to know views

 

[sousnake]

Hi

I have been using credit cards since almost 10/12 yrs but never really thought about Amex.
I have annual spend of around at least 6-8 lacs. Can anyone let me know which amex card would be best suited for me. I would like to have airmiles and do some trips abroad once a yr etc.
Also any referral would also be appreciated.

Happy to know views

Do look at amex acceptance issue.
Else you can explore axis atlas or dcb as well.

 

[alok.p]

Do look at amex acceptance issue.
Else you can explore axis atlas or dcb as well.

What are typical acceptance issues? What do they disqualify for generally?

 

[Chacha_vidhayak]

What are typical acceptance issues? What do they disqualify for generally?

Pos acceptance is an issue , infact both for amex & dcb

 

[350modena]

Hi

I have been using credit cards since almost 10/12 yrs but never really thought about Amex.
I have annual spend of around at least 6-8 lacs. Can anyone let me know which amex card would be best suited for me. I would like to have airmiles and do some trips abroad once a yr etc.
Also any referral would also be appreciated.

Happy to know views

I think the plat travel could work well for you... Assuming the 4 lakhs spend could be done from your 6-8 lakhs in places where amex is accepted.

If not then i would suggest MRCC.. 2k points for spending 20k a month and FYF with a referral (you can use mine if you want from my signature) and second year onwards, waiver if 1.5L is spent.

All Amex cards get milestone benefits in hard to earn categories such as tax, NPS, utilities so that's another benefit.

Let me know if you have any questions and all the very best!

 

[Avatar Aang]

Hi

I have been using credit cards since almost 10/12 yrs but never really thought about Amex.
I have annual spend of around at least 6-8 lacs. Can anyone let me know which amex card would be best suited for me. I would like to have airmiles and do some trips abroad once a yr etc.
Also any referral would also be appreciated.

Happy to know views

Which cards do you have?
Amex Plat travel gives best value 48K MR points+10K Taj voucher on spending 4L. However, given the acceptance issues of amex it's usually not easy to achieve this milestone if your spends are low.
IMO Amex cards are best for referrals. You can earn 1.5L MR points/ year by referring the card. Membership Rewards and Plat Travel cards are offered FYF.
1.5L MR points are worth 50K AGV. You can definitely extract better value out of the points.

 

[alok.p]

Which cards do you have?
Amex Plat travel gives best value 48K MR points+10K Taj voucher on spending 4L. However, given the acceptance issues of amex it's usually not easy to achieve this milestone if your spends are low.
IMO Amex cards are best for referrals. You can earn 1.5L MR points/ year by referring the card. Membership Rewards and Plat Travel cards are offered FYF.
1.5L MR points are worth 50K AGV. You can definitely extract better value out of the points.

I have indus legend, hdfc regalia gold, ICICI sapphire..

 

[Wealth is my birth right!]

I have indus legend, hdfc regalia gold, ICICI sapphire..

Is emerald showing card upgrade for u?

 

[alok.p]

Is emerald showing card upgrade for u?

You mean ICICI emerald? Never explored. Is it comparable to amex?

 

[Wealth is my birth right!]

You mean ICICI emerald? Never explored. Is it comparable to amex?

Not comparable but a class of card
I just asked…

 

[alok.p]

Oko

Not comparable but a class of card
I just asked…

Okok np

 

[avikrish]

Which cards do you have?
Amex Plat travel gives best value 48K MR points+10K Taj voucher on spending 4L. However, given the acceptance issues of amex it's usually not easy to achieve this milestone if your spends are low.
IMO Amex cards are best for referrals. You can earn 1.5L MR points/ year by referring the card. Membership Rewards and Plat Travel cards are offered FYF.
1.5L MR points are worth 50K AGV. You can definitely extract better value out of the points.

Can we get base rewards points and milestone benefits for payments spent on property tax payments directly on municipality website? Mcc is 9311, if yes how much we can get ?

1) I have a 1.38Lakh property tax payments for municipality , mcc 9311, payment gateway is SBI unipay, which charges 1.18% on cc payments

2) have Rs 3.05 lakh lic payments (whole family), I know insurance is a left out category , but if there is any alternative ways to get this insurance payments done and we get base rewards and milestone benefits, I would like to know.

3) have a nps payments of Rs50,000 per year, till date using savings account, not sure if amex can be used , payment gateway charges are more

Regarding redemption of amex , I would like do in Amazon pay redemption, as I am not a traveller, please give me some suggestions based on this which amex cards best suits me

 

[350modena]

Can we get base rewards points and milestone benefits for payments spent on property tax payments directly on municipality website? Mcc is 9311, if yes how much we can get ?

1) I have a 1.38Lakh property tax payments for municipality , mcc 9311, payment gateway is SBI unipay, which charges 1.18% on cc payments

2) have Rs 3.05 lakh lic payments (whole family), I know insurance is a left out category , but if there is any alternative ways to get this insurance payments done and we get base rewards and milestone benefits, I would like to know.

3) have a nps payments of Rs50,000 per year, till date using savings account, not sure if amex can be used , payment gateway charges are more

Regarding redemption of amex , I would like do in Amazon pay redemption, as I am not a traveller, please give me some suggestions based on this which amex cards best suits me

MRCC amex would suit you best for amazon pay redemptions.

All of what you want (property tax, lic and nps) would give milestone benefits but MRCC works best when 20k is spent every one.

AMEX Plat Travel works if 4L spent is done annually (again all milestone benefits for all your spends).

Use a referral (if you want you can use mine from my signature) for First Year Free card.

 

[AlgoTrader]

Can we get base rewards points and milestone benefits for payments spent on property tax payments directly on municipality website? Mcc is 9311, if yes how much we can get ?

1) I have a 1.38Lakh property tax payments for municipality , mcc 9311, payment gateway is SBI unipay, which charges 1.18% on cc payments

2) have Rs 3.05 lakh lic payments (whole family), I know insurance is a left out category , but if there is any alternative ways to get this insurance payments done and we get base rewards and milestone benefits, I would like to know.

3) have a nps payments of Rs50,000 per year, till date using savings account, not sure if amex can be used , payment gateway charges are more

Regarding redemption of amex , I would like do in Amazon pay redemption, as I am not a traveller, please give me some suggestions based on this which amex cards best suits me

You will get milestone benefits for all the payments. Base rewards, you may not get for tax payment.
For lic payment, if it is split payments, then you can do through amazon pay voucher to get base rewards (also some multiplier points)
Yes, I pay nps through amex card, for 50K payment, approx 450-500 rupees is charged

I would suggest you to get MRCC + Platinum travel or only MRCC , feel free to ask any queries

 

[avikrish]

You will get milestone benefits for all the payments. Base rewards, you may not get for tax payment.
For lic payment, if it is split payments, then you can do through amazon pay voucher to get base rewards (also some multiplier points)
Yes, I pay nps through amex card, for 50K payment, approx 450-500 rupees is charged

I would suggest you to get MRCC + Platinum travel or only MRCC , feel free to ask any queries

1) If I have platinum travel and mrcc , will I be able to redeem , platinum travel MR points over 24k ,18k gold collection? So that I would maximize my redemption

2) I see currently Amazon gift cards are only available of Rs250 which I think is very difficult, is it temporary issue of only Rs250 gift card available?

3) how to get both mrcc and platinum as first time free ? , if I apply via referral if I get platinum, what is the gap I need to maintain to apply for mrcc ? Can I get again mrcc via referral and get that also as FYF ?

4) my pincode is 522201, Place: Tenali but on internet in most of times it comes as Guntur (as Tenali is a town part of Guntur District ), which is serviceable location as per amex, is there a way I can contact amex customer care before application and get whether it is serviceable or not ? Or any other way please let me know.

 

[350modena]

1. You can apply for say MRCC first vis referral and then apply immediately after the MRCC comes for plat travel once MRCC is approved.

2. Amex gyftr rewards multiplier has GVs from 250-5000 denominations.. depending on stock. If you mean the redemption options - insta vouchers don't make sense but the 18/24k collection has amazon redemption (6k amazon for 18k MR points )

3. If I'm not mistaken, Plat travel has different redemption options than MRCC (if it's a single account for both MRCC and Plat travel, I think it does merge but I'll let someone else confirm)

4. Guntur is servicable (attaching SS of amex servicable locations)

 

[AlgoTrader]

1) If I have platinum travel and mrcc , will I be able to redeem , platinum travel MR points over 24k ,18k gold collection? So that I would maximize my redemption

2) I see currently Amazon gift cards are only available of Rs250 which I think is very difficult, is it temporary issue of only Rs250 gift card available?

3) how to get both mrcc and platinum as first time free ? , if I apply via referral if I get platinum, what is the gap I need to maintain to apply for mrcc ? Can I get again mrcc via referral and get that also as FYF ?

4) my pincode is 522201, Place: Tenali but on internet in most of times it comes as Guntur (as Tenali is a town part of Guntur District ), which is serviceable location as per amex, is there a way I can contact amex customer care before application and get whether it is serviceable or not ? Or any other way please let me know.

1) that's right
2) yes, higher denomination vouchers goes out of stock often
3) No need to maintain any gap. amex works differently. first apply for 1 card and complete vkyc. once it is approved, you can apply for next one immediately. If you apply within few days of getting 1 st card, your 2nd card wont even have vkyc and will be approved directly
4) give your pincode in this page, https://www.americanexpress.com/en-in/credit-cards/apply/personal/platinum-travel
if you get tenali in city name , it is not serviceable, if you get Guntur, it is serviceable. I tried, it is not showing city name, so may not be servicable, so call amex and check directly with amex helpline, number is mentioned in the same link