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Scam Alert for Amex Referral ⚠️
- Thread starter Shash
- Start date
shutapdiya
TF Legend
Bro 1k is very low against 8k MR points
Myself have given 2k Apay Voucher here on TF community for using my referral
how are people giving apay vouchers with refferal ?
is amex giving this to them or are they redeeming their MR points and giving this benefit
is amex giving this to them or are they redeeming their MR points and giving this benefit
shutapdiya
TF Legend
Giving from own
Definitely not be redeeming MR as that conversion gives very less value per MR
Whoever finds value of MR much higher giving apay voucher based on his budget ranging from 500 to 2000 (may be even more)
Yes correct, from last year referrals I earn 1.3L MR which I redeemed against Westin Singapore which INR value is 1.7L for 5 days.
That_average_guy
TF Select
Once referral gets approved, one can still not activate the card for 30 days and it will be deactivated. So, in that case, referral points be reversed or not?
i guess so because points receivable may be subject to member paying the joining fees in some cards like mrcc,plat reserve,plat charge
MRCC does not have joining fees with referral program.
T&C only talks about approval, and not activation. Maybe it does not matter to Amex.
assume it gives points on approval for a fyf card if it is not activated it is a loss for amex
not sure why amex would keep it this way
KingAAR
TF Ace
are bhai, what are you talking each mr point is 0.25 rs right how come it is 3.5k,, please explain
For a FYF card, why does it matter whether the card was activated or not, in the first year, they are not getting any fees either way.
It may make sense for a paid card to have that condition. But given that they have explicitly mentioned about the person who got referred only getting his bonus points on a spending criteria but the person who refers gets it on approval, I would take it at face value.
Generally, these American companies optimize for user experience than starting with the assumption of being scammed. If they do detect that some loophole is being exploited, they will then take action, sometimes even retrospectively.
in Amex 18K collection, Amazon voucher of Rs 7000 is worth 18000 points, making it 1 point = Rs 0.389. It makes the 8000 points equals Rs 3100 Amazon voucher.
but the potential mdr revenue from card spends
i took plat travel via someones referral and i received 2k points after i spent some amount
i guess you have to spend 5k within first 30 or 90 days to get the benefit
Also if the refferred person closes his card without activating amex can just reverse the points credited
If the referred person (MGMee) activates the card but does not spend (or does 1 Rs spend) and closes it, then as well Amex does not gain anything from that. Another point of view is that by trying to connect the referral rewards of the MGMer to that of the spending pattern of the MGMee, then Amex is somewhat indirectly leaking that information to the MGMer which may also be a restriction on Amex.
Yes, this is explicitly mentioned in their T&Cs, but does not link the MGMer's rewards with the MGMee's spending milestones
Yes, they definitely can, but it is not mentioned anywhere. Maybe they dont want to prematurely optimize for an edge scenario.
Why don't yall report such stuffs.
Praveen05
TF Select
Usually I don't trust anyone on the internet when it comes to these type of stuff. Plus I also didn't know whether this guy is genuine or scammer, that's why I didn't report.
I want to know why is this called a scam?
Let's say if I apply via someone's referral & they didn't gave Amazon Pay voucher (promised by them).
I still get AMEX MRCC with all referral benefits, like FYF & fee reduction from second year onwards - 2k reward points.
It's technically not a scam, they didn't fulfilled their promise but yeah I still got what I wanted & the person didn't took anything from me.
He got his benefit & I got mine.
Let's say if I apply via someone's referral & they didn't gave Amazon Pay voucher (promised by them).
I still get AMEX MRCC with all referral benefits, like FYF & fee reduction from second year onwards - 2k reward points.
It's technically not a scam, they didn't fulfilled their promise but yeah I still got what I wanted & the person didn't took anything from me.
He got his benefit & I got mine.
Very naive viewpoint. MGMer has done an agreement unofficially to share rewards with MGMee. If the MGMer no longer holds his end of the deal, then he has defrauded the MGMee. If the MGMer never intended to hold his end, then he intentionally scammed the MGMee.
raghu.rokda
TF Legend
I think you are one of them…….don’t mind just kidding
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