Card for gold purchase

[bulldozer]

There is a Gold purchase scheme from Bhima Jewelers in which we have registered. I am wondering which card I can use for maximum benefits.

My annual purchase will be anywhere between 1-2L (depending on monthly contribution).

Cards that I have - Atlas (will not give me milestone benefits), Amex (their gateway does not support it.

Which leaves me with Regalia Gold, ICICI Amazon and Tata Neu.

Does any of these cards give me benefits? Are there any cards I need to consider getting for this?

 

[HumorSimpson]

tata nue card with tanisq 5% value back

Tanishq making charges are too high

 

[HumorSimpson]

I used dcb metal got flat 3.3% value back

Redeem against statement or travel?

 

[Aniket Sharma]

Redeem against statement or travel?

Travel & stay

 

[nandhakumarn]

Tanishq making charges are too

i agree i have many ways to buy a gold cheaper than market price

 

[CyberPsych]

i agree i have many ways to buy a gold cheaper than market price

Can you share some from the 'many ways'?

 

[nandhakumarn]

Can you share some from the 'many ways'?

yes
1. metals outside market without gst 300 rupees less.
2. i buy diamonds and i will converst into gold.
3. i buy gold coins with credit card offers.
4. 5k* 2 chits i have monthly payment through online by following goldprice.org
5. some websites selling gold less than market price with 0% VA

how ever we need to give 3% GST

 

[CyberPsych]

yes
1. metals outside market without gst 300 rupees less.
2. i buy diamonds and i will converst into gold.
3. i buy gold coins with credit card offers.
4. 5k* 2 chits i have monthly payment through online by following goldprice.org
5. some websites selling gold less than market price with 0% VA

how ever we need to give 3% GST

I am doing only #3.

Can you explain #2 how it is done and how profitable it is..

 

[nandhakumarn]

I am doing only #3.

Can you explain #2 how it is done and how profitable it is..

its around 12 percentage profitable. where do you live?