Its extrenely confusing when amex support themselves don't k ow which is a 5x partner and which is a 10x partner. On 1 URL it's mentioned 5x and another one mentions 10x. Same with swiggy and Zomato also as their partners. I hv got 10x on Swiggy somehow and after that amex always refuses that it...
Amazon isn't 10x partner with amex smart earn. I have had multiple heated discussions with AMEX for the same. They have misinformed customers about this 5x and 10x partners as they have multiple URLs and somewhere its mentioned 5x and somewhere 10x. But ultimately I get 5x only.
I am an old customer of icici since 2017. Had a very basic bare minimum savings account. I never did anything and got upgraded to Privilege. For me, it's same as basic account for most of the things. Actually there's nothing premium about if you ask..
Also,
I have LTF sapphiro cc with 5L...
Umm, already doing that. Plus this post is above and beyond all the investments we do.
This strategy is not like a main course. It's just like peanuts on the sides. 😅
Yes but how is the current money rotation dealt with when it comes under taxation.
Also you are right if someone madly exploits this for roasting absurd amount of money which their finances/salary don't justify, it's plain stupidity 😅
6
600 is the worst case redemption. People who go for MR to marriott bonvoy, they will get 4x or maybe even more. So its upto you!
Also this whole rotation takes mere 15 mins of my time once a month. Already have 3 mobikwik accounts in the family.