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Sharing my Amex Platinum 318% ROI strategy with 145K MR SUB on new Amex Platinum Charge

hs23new

TF Premier
Hey guys, my Platinum Charge got approved.

Initially I got a standard offer for 45K Taj Voucher, and additionally for using referral I got 10k MR and 5K Amazon voucher offer. After approval, I wrote email to nodal officer requesting for 135k sign up bonus offer instead of 45k Taj Voucher and they approved it. I have attached proof of screenshot below.

Here is my updated Amex Strategy.

1) Get Amex USA EveryDay LTF Credit Card and transfer points from Amex India to Amex USA. 145000 Amex India MR will convert to approx 94250 Amex USA MR which is worth 94250 Rs when transfered 1:1 to the below partners. Conservative value is Rs 1, but you can easily get 2X when booking business class to USA / EU.

Amex Airline PartnerMin TransferTransfer Ratio
(Amex > Partner)
Transfer Time
Aer Lingus1,0001:1Almost Instant
Aeromexico1,0001:1.62-12 days
Air Canada1,0001:1Almost Instant
ANA1,0001:13 days
Avianca LifeMiles1,0001:1Almost Instant
British Airways1,0001:1Almost Instant
Cathay Pacific1,0001:1Up to 1 Week
Delta Air Lines1,0001:1Almost Instant
Emirates1,0001:1Almost Instant
Etihad Airways1,0001:1Almost Instant
Flying Blue Air France/KLM1,0001:1Almost Instant
Hawaiian1,0001:1Almost Instant
Iberia1,0001:11-3 days
JetBlue2501:0.8Almost Instant
Qantas5001:1Almost Instant
Qatar Airways1,0001:1Almost Instant
Singapore Airlines1,0001:11-2 days
Virgin Atlantic1,0001:11-2 days

More info below:
1) https://www.technofino.in/community...indian-amex-card-to-us-amex-card-account.669/
2) https://www.technofino.in/community...or-us-credit-card-guide-for-non-resident.193/
3) https://www.technofino.in/community/threads/how-to-get-itin-as-usa-non-resident.13292/

2) By buying 2L Apay monthly via 5XGyftr I can earn additional 5k/m compared to Gold card. 60k MR for 1 year is worth 39k FFP when transferred to Amex USA. By 24L annual spends, you can qualify for good retention bonus.

3) Claim 10800 as GST input on my side business.

5) Get Platinum Reserve as a free companion card which comes with Accor Plus Traveller membership worth 8260

6) Transfer 48000 points earned Platinum Travel card on 4L spends to Amex USA for 31200 FPP

Total cost- 72800
Cost of Amex Platinum (India)- 70800 (60k+ GST)
Cost of Amex EveryDay Credit Card (USA) - LTF
DIY ITIN cost - 2000

Benefits - 167050
- 94250 + 39000 Amex India to Amex USA MR.
- 10800 GST Input
- 5k Amazon Pay voucher
- 10k Taj Birthday voucher
- 8K Accor Plus Traveller

This is 229% ROI. ROI can be higher if you go for Amex USA Green card (150 USD fee for 40k MR SUB) or Amex USA Gold card (250 USD fee for 90k MR SUB).

Additionally Amex gives 25k MR referral benefit if someone gets platinum charge card approved using your link. Assuming I can get 4 Amex Platinum referrals this year, this will give me extra 65k Amex USA. That makes it 318% ROI.

You can also transfer points earn on Platinum Travel and MRCC to USA for higher returns.

If you found this post useful and want a referral link, please DM me. On successful approval using my referral link, I will share the email template I used to get 135k sign up bonus (normally max they give is 100k) + detailed DIY guide on how to get ITIN under 2k (this alone will save you 15k-17k) + USA credit card roadmap to earn 1 million points using SUB. I cannot guarantee that you will also get 135k offer but there is very good chance you will get it if use my email template.

WhatsApp Image 2024-05-14 at 19.39.51.jpeg
 
Last edited by a moderator:
If you can get Amex US Gold card, even with a $250 fee (approx 20k INR), ain't that much better than Indian Platinum Charge card anyway ?
No foreign Trx fees if travelling abroad, and 90k MR points bonus which transfer at 1:1 ?

I do have a US registered business and bank acc, so should I try doing on personal basis or using US business ?
 
If you can get Amex US Gold card, even with a $250 fee (approx 20k INR), ain't that much better than Indian Platinum Charge card anyway ?
No foreign Trx fees if travelling abroad, and 90k MR points bonus which transfer at 1:1 ?

I do have a US registered business and bank acc, so should I try doing on personal basis or using US business ?
Try Amex Business cards then get personal cards
 
If you can get Amex US Gold card, even with a $250 fee (approx 20k INR), ain't that much better than Indian Platinum Charge card anyway ?
No foreign Trx fees if travelling abroad, and 90k MR points bonus which transfer at 1:1 ?

I do have a US registered business and bank acc, so should I try doing on personal basis or using US business ?
Amex USA has very high spend criteria to get sign up bonus while Indian Amex Plat has only 50k criteria. If you have active business in USA with such spends, then you can go for it. But for most people Amex India cards may be simpler.
 
Amex USA has very high spend criteria to get sign up bonus while Indian Amex Plat has only 50k criteria. If you have active business in USA with such spends, then you can go for it. But for most people Amex India cards may be simpler.

You are right, but that again makes one wonder with 0% Forex Charge, you could potentially do MS by using your US card for a Indian Payment Gateway transaction and withdraw here, sure there will be CC charges here but that does get you the SUB and a 0% Forex card for 20k spends.

But I get your point, depending on one's usage pattern and where he spends the most, what is best for them changes.
For people who travel a lot or do forex transactions it all comes down to what makes more sense 0% Forex charge or 3x MR on Platinum (India), which I guess becomes 4.5%~ reward when transferred to US (3 x 2.5% x 0.6)

I read your comment about having US LLC and Mercury account too, did you apply US Amex card as personal or used your US entity or any of its address proof ?
 
You are right, but that again makes one wonder with 0% Forex Charge, you could potentially do MS by using your US card for a Indian Payment Gateway transaction and withdraw here, sure there will be CC charges here but that does get you the SUB and a 0% Forex card for 20k spends.

But I get your point, depending on one's usage pattern and where he spends the most, what is best for them changes.
For people who travel a lot or do forex transactions it all comes down to what makes more sense 0% Forex charge or 3x MR on Platinum (India), which I guess becomes 4.5%~ reward when transferred to US (3 x 2.5% x 0.6)

I read your comment about having US LLC and Mercury account too, did you apply US Amex card as personal or used your US entity or any of its address proof ?
Not applied for amex yet, ITIN is in process.
 
Hey guys, my Platinum Charge got approved.

Initially I got a standard offer for 45K Taj Voucher, and additionally for using referral I got 10k MR and 5K Amazon voucher offer. After approval, I wrote email to nodal officer requesting for 135k sign up bonus offer instead of 45k Taj Voucher and they approved it. I have attached proof of screenshot below.

Here is my updated Amex Strategy.

1) Get Amex USA EveryDay LTF Credit Card and transfer points from Amex India to Amex USA. 145000 Amex India MR will convert to approx 94250 Amex USA MR which is worth 94250 Rs when transfered 1:1 to the below partners. Conservative value is Rs 1, but you can easily get 2X when booking business class to USA / EU.

Amex Airline PartnerMin TransferTransfer Ratio
(Amex > Partner)
Transfer Time
Aer Lingus1,0001:1Almost Instant
Aeromexico1,0001:1.62-12 days
Air Canada1,0001:1Almost Instant
ANA1,0001:13 days
Avianca LifeMiles1,0001:1Almost Instant
British Airways1,0001:1Almost Instant
Cathay Pacific1,0001:1Up to 1 Week
Delta Air Lines1,0001:1Almost Instant
Emirates1,0001:1Almost Instant
Etihad Airways1,0001:1Almost Instant
Flying Blue Air France/KLM1,0001:1Almost Instant
Hawaiian1,0001:1Almost Instant
Iberia1,0001:11-3 days
JetBlue2501:0.8Almost Instant
Qantas5001:1Almost Instant
Qatar Airways1,0001:1Almost Instant
Singapore Airlines1,0001:11-2 days
Virgin Atlantic1,0001:11-2 days

More info below:
1) https://www.technofino.in/community...indian-amex-card-to-us-amex-card-account.669/
2) https://www.technofino.in/community...or-us-credit-card-guide-for-non-resident.193/
3) https://www.technofino.in/community/threads/how-to-get-itin-as-usa-non-resident.13292/

2) By buying 2L Apay monthly via 5XGyftr I can earn additional 5k/m compared to Gold card. 60k MR for 1 year is worth 39k FFP when transferred to Amex USA. By 24L annual spends, you can qualify for good retention bonus.

3) Claim 10800 as GST input on my side business.

5) Get Platinum Reserve as a free companion card which comes with Accor Plus Traveller membership worth 8260

6) Transfer 48000 points earned Platinum Travel card on 4L spends to Amex USA for 31200 FPP

Total cost- 72800
Cost of Amex Platinum (India)- 70800 (60k+ GST)
Cost of Amex EveryDay Credit Card (USA) - LTF
DIY ITIN cost - 2000

Benefits - 167050
- 94250 + 39000 Amex India to Amex USA MR.
- 10800 GST Input
- 5k Amazon Pay voucher
- 10k Taj Birthday voucher
- 8K Accor Plus Traveller

This is 229% ROI. ROI can be higher if you go for Amex USA Green card (150 USD fee for 40k MR SUB) or Amex USA Gold card (250 USD fee for 90k MR SUB).

Additionally Amex gives 25k MR referral benefit if someone gets platinum charge card approved using your link. Assuming I can get 4 Amex Platinum referrals this year, this will give me extra 65k Amex USA. That makes it 318% ROI.

You can also transfer points earn on Platinum Travel and MRCC to USA for higher returns.

If you found this post useful and want a referral link, please DM me. On successful approval using my referral link, I will share the email template I used to get 135k sign up bonus + detailed DIY guide on how to get ITIN under 2k + USA credit card roadmap to earn 1 million points using SUB. I cannot guarantee that you will also get 135k offer but there is very good chance you will get it if use my email template.

View attachment 53546
Hey man I'm unable to DM you, I need the email template and referral, also how do I get a US phone number which works in India?
 
Hey man I'm unable to DM you, I need the email template and referral, also how do I get a US phone number which works in India?
I sent you DM.

For anyone else who need a referral, please contact me today by 2 pm.

I am available today till 4 pm for any questions but after that my phone will be off till 26th May. On 27th I will send you email template.
 
I sent you DM.

For anyone else who need a referral, please contact me today by 2 pm.

I am available today till 4 pm for any questions but after that my phone will be off till 26th May. On 27th I will send you email template.
So from India can I apply and get US amex card without having a us visa?
 
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