best way to buy amazon pay /amazon shopping voucher

[jayvirrathi]

amazon pay / amazon shopping voucher
best way to get maximum rewards/cashback with monthly limit for all types of cards
like hdfc, axis, sbi, amex etc.

 

[4uziaul]

amazon pay / amazon shopping voucher
best way to get maximum rewards/cashback with monthly limit for all types of cards
like hdfc, axis, sbi, amex etc.

All of this has been widely discussed. Please use the search function, and you will find your answer.

 

[jayvirrathi]

All of this has been widely discussed. Please use the search function, and you will find your answer.

That's right but many devalued have happened in recent times for many cards.
so I want to make sure I am getting maximum rewards.

 

[ak90]

If you have a recent Amex gold, you get the best return. 19.67% per my calculations
Use the link from my profile, if you find this useful

Spend (Gyftr)	72000
RP	19200
Referral Bonus	2000
Welcome Bonus	4000
Joining Fee	1000
GST	180
Rewards (Taj / Miles)	15339.13043
Net Rewards	14159.13043
Reward Rate First Year	19.67%

 

[4uziaul]

That's right but many devalued have happened in recent times for many cards.
so I want to make sure I am getting maximum rewards.

This implies that you are informed about the recent devaluation and have read those discussions. You should visit those threads to look for your answer; if it's not there, you can ask. Alternatively, you can wait for a kind member to gather the latest information for you.

 

[jayvirrathi]

This implies that you are informed about the recent devaluation and have read those discussions. You should visit those threads to look for your answer; if it's not there, you can ask. Alternatively, you can wait for a kind member to gather the latest information for you.

yup I have read a couple like hdfc has introduced processing fees
but many member of this community are more informed than me any day.

 

[AritraSaha]

This implies that you are informed about the recent devaluation and have read those discussions. You should visit those threads to look for your answer; if it's not there, you can ask. Alternatively, you can wait for a kind member to gather the latest information for you.

Aren't you kind member?

 

[4uziaul]

Aren't you kind member?

I am an unkind member. 🤣

 

[CCUser_1999]

Let me be the kind member...

These are not all cards just the top cards as per me.

Magnus assumes 4:5 conversion with Burgundy account.

Vouchers bought through the respective reward multiplier portals.

Point value is taken which can bit conservative.

Though its pretty self explanatory but happy to answer in case of any doubt.

Card	Spend	Processing Fee	Total Charge	Base Points	Bonus Points	Milestone Points	Total Points	Conversion to Mile	Point Value	Net Reward Post Charges	Eff Reward Rate
Diners	20000​	767​	20767​	665​	1330​	0​	1995​	1​	1​	1228​	6.14%​
Magnus	10000​	0​	10000​	600​	600​	0​	1200​	0.8​	1​	960​	9.60%​
Amex Plat	10000​	0​	10000​	250​	1000​	0​	1250​	1​	0.5​	625​	6.25%​
Amex MRCC	20000​	0​	20000​	400​	400​	2000​	2800​	1​	0.5​	1400​	7.00%​
Amex MRCC	6000​	0​	6000​	120​	120​	1000​	1240​	1​	0.5​	620​	10.33%​
Amex Plat Travel	400000​	0​	400000​	8000​	8000​	40000​	56000​	1​	0.5​	28000​	7.00%​
Amex Gold	6000​	0​	6000​	120​	480​	1000​	1600​	1​	0.5​	800​	13.33%​
Infinia	20000​	767​	20767​	665​	2660​	0​	3325​	1​	1​	2558​	12.79%​

 

[harsh1387]

Does Amazon has any customer care email ID?
There is a refund which is stuck since last month. Through app it just moves around and comes back to same page.

 

[CCUser_1999]

Does Amazon has any customer care email ID?
There is a refund which is stuck since last month. Through app it just moves around and comes back to same page.

No number.

you can try through below link and request for call back.

 

[lucknowrox]

Let me be the kind member...

These are not all cards just the top cards as per me.

Magnus assumes 4:5 conversion with Burgundy account.

Vouchers bought through the respective reward multiplier portals.

Point value is taken which can bit conservative.

Though its pretty self explanatory but happy to answer in case of any doubt.

Card	Spend	Processing Fee	Total Charge	Base Points	Bonus Points	Milestone Points	Total Points	Conversion to Mile	Point Value	Net Reward Post Charges	Eff Reward Rate
Diners	20000​	767​	20767​	665​	1330​	0​	1995​	1​	1​	1228​	6.14%​
Magnus	10000​	0​	10000​	600​	600​	0​	1200​	0.8​	1​	960​	9.60%​
Amex Plat	10000​	0​	10000​	250​	1000​	0​	1250​	1​	0.5​	625​	6.25%​
Amex MRCC	20000​	0​	20000​	400​	400​	2000​	2800​	1​	0.5​	1400​	7.00%​
Amex MRCC	6000​	0​	6000​	120​	120​	1000​	1240​	1​	0.5​	620​	10.33%​
Amex Plat Travel	400000​	0​	400000​	8000​	8000​	40000​	56000​	1​	0.5​	28000​	7.00%​
Amex Gold	6000​	0​	6000​	120​	480​	1000​	1600​	1​	0.5​	800​	13.33%​
Infinia	20000​	767​	20767​	665​	2660​	0​	3325​	1​	1​	2558​	12.79%​

Great analysis. Thanks for sharing. Really brings clarity to the ASV / AGV purchase decision.

Infinia even the the fees offers the best value with minimal hassles it seems.

 

[mojo_jojo123]

do we get same % of reward now or it is updated .. also sbi cashback card gives 5%

 

[CCUser_1999]

do we get same % of reward now or it is updated .. also sbi cashback card gives 5%

All above remains same. Only change is that is you don't have Burgundy account, Magnus return will be significantly lower.
Yes SBI cashback card gives 5% but there is a limit on how many vouchers you can buy in a month. Also all of the above have has reward rate of 5%+.

 

[CCUser_1999]

Great analysis. Thanks for sharing. Really brings clarity to the ASV / AGV purchase decision.

Infinia even the the fees offers the best value with minimal hassles it seems.

Yes Infinia is good but the question is that how much will you utilize and is it worth the fee for this benefit only.
In my case I am not going for Infinia as I hold DCB LTF. If I go with Infinia, in all probability, it will not be LTF. I don;t want to lose a great LTF card which gives lounge access to me and my family for addition 2-3% reward on 20K per month.

 

[niket]

Let me be the kind member...

These are not all cards just the top cards as per me.

Magnus assumes 4:5 conversion with Burgundy account.

Vouchers bought through the respective reward multiplier portals.

Point value is taken which can bit conservative.

Though its pretty self explanatory but happy to answer in case of any doubt.

Card	Spend	Processing Fee	Total Charge	Base Points	Bonus Points	Milestone Points	Total Points	Conversion to Mile	Point Value	Net Reward Post Charges	Eff Reward Rate
Diners	20000​	767​	20767​	665​	1330​	0​	1995​	1​	1​	1228​	6.14%​
Magnus	10000​	0​	10000​	600​	600​	0​	1200​	0.8​	1​	960​	9.60%​
Amex Plat	10000​	0​	10000​	250​	1000​	0​	1250​	1​	0.5​	625​	6.25%​
Amex MRCC	20000​	0​	20000​	400​	400​	2000​	2800​	1​	0.5​	1400​	7.00%​
Amex MRCC	6000​	0​	6000​	120​	120​	1000​	1240​	1​	0.5​	620​	10.33%​
Amex Plat Travel	400000​	0​	400000​	8000​	8000​	40000​	56000​	1​	0.5​	28000​	7.00%​
Amex Gold	6000​	0​	6000​	120​	480​	1000​	1600​	1​	0.5​	800​	13.33%​
Infinia	20000​	767​	20767​	665​	2660​	0​	3325​	1​	1​	2558​	12.79%​

Which milestone have you considered for Amex Gold? I was not able to find any

 

[CCUser_1999]

Month

Which milestone have you considered for Amex Gold? I was not able to find any

Monthly 1000 bonus on doing 6 or more transactions of 1000 or above.

 

[insight]

Let me be the kind member...

These are not all cards just the top cards as per me.

Magnus assumes 4:5 conversion with Burgundy account.

Vouchers bought through the respective reward multiplier portals.

Point value is taken which can bit conservative.

Though its pretty self explanatory but happy to answer in case of any doubt.

Card	Spend	Processing Fee	Total Charge	Base Points	Bonus Points	Milestone Points	Total Points	Conversion to Mile	Point Value	Net Reward Post Charges	Eff Reward Rate
Diners	20000​	767​	20767​	665​	1330​	0​	1995​	1​	1​	1228​	6.14%​
Magnus	10000​	0​	10000​	600​	600​	0​	1200​	0.8​	1​	960​	9.60%​
Amex Plat	10000​	0​	10000​	250​	1000​	0​	1250​	1​	0.5​	625​	6.25%​
Amex MRCC	20000​	0​	20000​	400​	400​	2000​	2800​	1​	0.5​	1400​	7.00%​
Amex MRCC	6000​	0​	6000​	120​	120​	1000​	1240​	1​	0.5​	620​	10.33%​
Amex Plat Travel	400000​	0​	400000​	8000​	8000​	40000​	56000​	1​	0.5​	28000​	7.00%​
Amex Gold	6000​	0​	6000​	120​	480​	1000​	1600​	1​	0.5​	800​	13.33%​
Infinia	20000​	767​	20767​	665​	2660​	0​	3325​	1​	1​	2558​	12.79%​

How & where did you get/ make this comparative sheet?
Are there such updates sheets somewhere that we are missing?

Surely better than digging through threads for what ought to be an update comparative Wiki
@CCUser_1999

 

[jetmix]

Let me be the kind member...

These are not all cards just the top cards as per me.

Magnus assumes 4:5 conversion with Burgundy account.

Vouchers bought through the respective reward multiplier portals.

Point value is taken which can bit conservative.

Though its pretty self explanatory but happy to answer in case of any doubt.

Card	Spend	Processing Fee	Total Charge	Base Points	Bonus Points	Milestone Points	Total Points	Conversion to Mile	Point Value	Net Reward Post Charges	Eff Reward Rate
Diners	20000​	767​	20767​	665​	1330​	0​	1995​	1​	1​	1228​	6.14%​
Magnus	10000​	0​	10000​	600​	600​	0​	1200​	0.8​	1​	960​	9.60%​
Amex Plat	10000​	0​	10000​	250​	1000​	0​	1250​	1​	0.5​	625​	6.25%​
Amex MRCC	20000​	0​	20000​	400​	400​	2000​	2800​	1​	0.5​	1400​	7.00%​
Amex MRCC	6000​	0​	6000​	120​	120​	1000​	1240​	1​	0.5​	620​	10.33%​
Amex Plat Travel	400000​	0​	400000​	8000​	8000​	40000​	56000​	1​	0.5​	28000​	7.00%​
Amex Gold	6000​	0​	6000​	120​	480​	1000​	1600​	1​	0.5​	800​	13.33%​
Infinia	20000​	767​	20767​	665​	2660​	0​	3325​	1​	1​	2558​	12.79%​

Can you please guide on what will be effective reward rate for 18K RP collection of Amex.

We will get 7K agv for 18K RP of Amex with an spend of 1.5 lac (20K / Month x 7.5 Month = 1.50 lac ..for every 20k/month , 2400 RP/ month ...i.e. 18000 RP/2400 pm = 7.5 months)

My calculations comes as 7.78%.

Your views please

 

[drsel]

Can you please guide on what will be effective reward rate for 18K RP collection of Amex.

We will get 7K agv for 18K RP of Amex with an spend of 1.5 lac (20K / Month x 7.5 Month = 1.50 lac ..for every 20k/month , 2400 RP/ month ...i.e. 18000 RP/2400 pm = 7.5 months)

My calculations comes as 7.78%.

Your views please

Please deduct the Amex MRCC annual fees of 885 (50% discount) on a pro rata basis for 7.5 months out of 12 months.
Also let's assume for the sake of simplicity, that Amazon pay vouchers are worth 100% cash, because they are quasi cash.

7000-553/150000 works out to 4.30% return

But remember that Amazon pay vouchers can be bought at a discount of 5% or more