I have been an Amex user since 2010. Had a Platinum Travel card earlier which I downgraded to MRCC. I did earn a lot of Bonus points using 1500*4 but now I plan to retire (not close) my card and put it in the drawer.
Here is why:
1. I am tired of the card being rejected everywhere. Guess most of us who use Amex, when we hand over the card to any vendor, we have a backup card ready in our hands in case the vendor says no. I am tired of doing this offline.
2. I got my MRCC directly from Amex for Rs. 4500 per year from second year onwards. Most others got it through the referral scheme for Rs.1500 per annum. I requested Amex to shift me to the 1500 plan but they refused. That’s unfair for old loyal users like me. Amex actually has a higher Customer Acquisition Cost for the referral scheme but still they choose to penalise other users for whom they didn’t have to cough up a referral bonus.
3. I have never got any spend related offers ever on my card while many others do.
4. I have HDFC Infinia and SBI Cashback both. With these cards I don’t see any role of MRCC in my credit card mix. Happy to stand corrected.
5. I don’t need the mental pressure of doing 1500*4 every month especially when the acceptance level is so low
Amex MRCC may be good for some but I am unwilling to use it further. I have crossed my 1.5 lakh milestone so I will possibly keep the card for another year or so. But the hype of Amex MRCC is more than its value for me personally.
Here is why:
1. I am tired of the card being rejected everywhere. Guess most of us who use Amex, when we hand over the card to any vendor, we have a backup card ready in our hands in case the vendor says no. I am tired of doing this offline.
2. I got my MRCC directly from Amex for Rs. 4500 per year from second year onwards. Most others got it through the referral scheme for Rs.1500 per annum. I requested Amex to shift me to the 1500 plan but they refused. That’s unfair for old loyal users like me. Amex actually has a higher Customer Acquisition Cost for the referral scheme but still they choose to penalise other users for whom they didn’t have to cough up a referral bonus.
3. I have never got any spend related offers ever on my card while many others do.
4. I have HDFC Infinia and SBI Cashback both. With these cards I don’t see any role of MRCC in my credit card mix. Happy to stand corrected.
5. I don’t need the mental pressure of doing 1500*4 every month especially when the acceptance level is so low
Amex MRCC may be good for some but I am unwilling to use it further. I have crossed my 1.5 lakh milestone so I will possibly keep the card for another year or so. But the hype of Amex MRCC is more than its value for me personally.
