Devaluation 1.5%+ GST will be Charged by Amex on Amazon Pay and Amazon Shopping Vouchers on GyFTR effective 25th July 2025

[BVCBVC is verified member.]

TF Folks,

Amex is going to charge 1.5%+GST on Amazon Pay and Amazon Shopping vouchers effective 25th July 2025.

Users started receiving mails in batches.

 

[LHR]

AMEX Gyftr is going to increase their convenience fee from 0.75% + GST to 1.5% + GST from 25th July 2025 for Amazon Vouchers.

This effectively makes it so that you lose money when you buy Amazon Vouchers from AMEX Gyftr using an MRCC due to the 2x; the Platinum Travel and Charge cards are still profitable due to their higher 3x and 5x reward multipliers (if redeeming for vouchers at 1MR = 0.34rs value).

 

[sousnake]

AMEX Gyftr is going to increase their convenience fee from 0.75% + GST to 1.5% + GST from 25th July 2025 for Amazon Vouchers.

This effectively makes it so that you lose money when you buy Amazon Vouchers using an MRCC due to the 2x, the Platinum Travel and Charge cards are still profitable due to their higher 3x and 5x reward multipliers (if redeeming for vouchers at 1MR = 0.34rs value).

For MRCC, I buy from amazon only to complete milestone, I use gold card for gyftr amazon.
But still no fee for flipkart gift card on amex.

 

[Bhauka23]

For MRCC, I buy from amazon only to complete milestone, I use gold card for gyftr amazon.
But still no fee for flipkart gift card on amex.

What do you do with Flipkart gift card?

Only option is to use it for shopping..

Or do you have any other way of using it?

 

[malavkarkar]

How are they still offering only ₹500 vouchers and calling it a convenience fee? That's more like an inconvenience fee.

This is just madness. Charge whatever fee you want but at least add ₹5k and ₹10k vouchers.

 

[AlooDum]

Was about to apply for my first AMEX card in August but thanks to this I'm happy with my DCB

 

[LHR]

Was about to apply for my first AMEX card in August but thanks to this I'm happy with my DCB

how were you going to apply when the applications aren't even open?

 

[LordSpymaster]

This motivates me even more to close my MRCC and Gold Charge, and keep all expenses on my Infinia.

Apart from Marriott transfer at 1:1 and no points expiry, I see no reason to retain both my Amex cards now.

 

[AlooDum]

how were you going to apply when the applications aren't even open?

Read somewhere it will start in August so..

 

[jk51]

What do you do with Flipkart gift card?

Only option is to use it for shopping..

Or do you have any other way of using it?

Grocery, Kilos, Minutes

 

[maheshspanicker]

Amex seems to have integrated their operations with IndusInd. This trying hard to drive your customers away comes straight out of the IndusInd copybook!

 

[ccenthusiast95]

What are the different ways to complete 1500rs 4 transactions in a month & 20000rs in a month? Any ways we can convert it into money?

Since, Amex Gyftr for Amazon is becoming more expensive.

 

[Aniket Sharma]

TF Folks,

Amex is going to charge 1.5%+GST on Amazon Pay and Amazon Shopping vouchers effective 25th July 2025.

Users started receiving mails in batches.

View attachment 101337

@Riya here the discussion already going on

 

[Riya]

@Riya here the discussion already going on

Ohh I didn't saw the thread...

 

[jk51]

What are the different ways to complete 1500rs 4 transactions in a month & 20000rs in a month? Any ways we can convert it into money?

Since, Amex Gyftr for Amazon is becoming more expensive.

Post in thread 'AMEX PLATINUM TRAVEL CARD BEST WAYS TO SPEND'
https://www.technofino.in/community...vel-card-best-ways-to-spend.10632/post-408480

 

[BK7]

Is it still worth buying Amazon Pay vouchers using MRCC?

I'm heavily dependent on Amazon Pay to make payments for broadband, electricity, and other utilities. I typically purchase 4 vouchers of ₹1,500 each per month.


With the new fee structure, each transaction now incurs an additional 1.5% fee + GST, but I still earn 1,000 reward points per month (based on my usage).


Can someone help calculate whether this is still a good deal (target airmiles conversion) ? Is it worth continuing to buy the vouchers under this new cost structure?

 

[Alex292929]

Is it still worth buying Amazon Pay vouchers using MRCC?

I'm heavily dependent on Amazon Pay to make payments for broadband, electricity, and other utilities. I typically purchase 4 vouchers of ₹1,500 each per month.


With the new fee structure, each transaction now incurs an additional 1.5% fee + GST, but I still earn 1,000 reward points per month (based on my usage).


Can someone help calculate whether this is still a good deal (target airmiles conversion) ? Is it worth continuing to buy the vouchers under this new cost structure?

MRCC—Instead of buying from GyFTR, it’s better to directly purchase ₹1,500 x 4 Amazon vouchers from Amazon. You’ll still get the 1,000 bonus MR points, but earn 120 regular MR points instead of 240—losing 1,440 MR points annually.

However, you save around ₹1,275 per year (₹6,000 x 12 x 1.5% + GST) by directly buying from amazon.

Now you decide - you want extra 1440 MR points or save ₹1275

 

[sousnake]

What do you do with Flipkart gift card?

Only option is to use it for shopping..

Or do you have any other way of using it?

gro ce ry

 

[Alex292929]

Amex Gold Charge—buying from GyFTR still makes sense, ₹1,000 x 6 x 12 months from GyFTR costs ₹1,275 extra annually (1.77% fees).

But we earn 600 MR points/month vs just 120 if buying directly from Amazon — that’s 480 extra points/month and 5760 in a year. Redeeming 5,760 MR points via Gold Collection at 0.33 value = ₹1,900 in Amazon pay

Net: ₹1,900 – ₹1,275 = ₹625 gain.

 

[BVCBVC is verified member.]

MRCC—Instead of buying from GyFTR, it’s better to directly purchase ₹1,500 x 4 Amazon vouchers from Amazon. You’ll still get the 1,000 bonus MR points, but earn 120 regular MR points instead of 240—losing 1,440 MR points annually.

However, you save around ₹1,275 per year (₹6,000 x 12 x 1.5% + GST) by directly buying from amazon.

Now you decide - you want extra 1440 MR points or save ₹1275

Amex Gold Charge—buying from GyFTR still makes sense, ₹1,000 x 6 x 12 months from GyFTR costs ₹1,275 extra annually (1.77% fees).

But we earn 600 MR points/month vs just 120 if buying directly from Amazon — that’s 480 extra points/month and 5760 in a year. Redeeming 5,760 MR points via Gold Collection at 0.33 value = ₹1,900 in Amazon pay

Net: ₹1,900 – ₹1,275 = ₹625 gain.

Good enough calculations.

Works decent for GC, but MRCC will lose. But for Marriott Redemption GC will have more value.