gold coin options and ideas

[MSU]

Hi

I want to buy around 100 grams of gold coins. How to maximize credit card points . I have nearly all the premum cards with me

Thanks

 

[svijayan86]

Hi

I want to buy around 100 grams of gold coins. How to maximize credit card points . I have nearly all the premum cards with me

Thanks

can you please tell for which credit cards you are asking this query

 

[sankar7000]

Same here. no of gms is small though
1. INFINIA
2. MAGNUS
3. AXIS ATLAS
4. AMEX GOLD/MRCC

please suggest

 

[MSU]

can you please tell for which credit cards you are asking this query

i have amex platinum , axis magnus , atlas,infinia . I am looking at these. I see amex plat we get 5x for shoping on tanishq . is this correct

 

[the_dark_knight]

i have amex platinum , axis magnus , atlas,infinia . I am looking at these. I see amex plat we get 5x for shoping on tanishq . is this correct

Yes it is

 

[Virgo]

i have amex platinum , axis magnus , atlas,infinia . I am looking at these. I see amex plat we get 5x for shoping on tanishq . is this correct

Read the T&C carefully on Rewards Multiplier. I think gold coins are excluded for Tanishq…

 

[the_dark_knight]

Read the T&C carefully on Rewards Multiplier. I think gold coins are excluded for Tanishq…

gold coins/bard are excluded but for some brands, buying their vouchers on their website aren't excluded

 

[Pravas]

Need expert option on the below.

I have HDFC infinia and mostly I don't use the max cap of smartbuy bonus points. I am planning to use this to buy Amazon shopping vouchers and use that to buy gold coin vouchers of kalayn/Jos Lukas/PC jeweler from Amazon. The goal is to accumulate gold coins at a discount and use it as exchange while buying jewellery for wife or other family functions.

Here are few of my questions

1. Can Amazon shopping voucher be used to buy gold coin vouchers from Amazon.

2. Which of the these big jewellery chains take less markup (making changes) for buying gold coins and do they provide 100% value during exchange while buying jewellery ?

3. Has anyone done the cost analysis on buying gold coin in this way and whether it is worth the hassle.

Please note that I am not comfortable buying gold coins directly online as I have heard that you don't get proper bills from jewellery shops and that may cause issues while doing the exchange.

Thanks in advance for your help.

 

[amanchhajed]

Need expert option on the below.

I have HDFC infinia and mostly I don't use the max cap of smartbuy bonus points. I am planning to use this to buy Amazon shopping vouchers and use that to buy gold coin vouchers of kalayn/Jos Lukas/PC jeweler from Amazon. The goal is to accumulate gold coins at a discount and use it as exchange while buying jewellery for wife or other family functions.

Here are few of my questions

1. Can Amazon shopping voucher be used to buy gold coin vouchers from Amazon.

2. Which of the these big jewellery chains take less markup (making changes) for buying gold coins and do they provide 100% value during exchange while buying jewellery ?

3. Has anyone done the cost analysis on buying gold coin in this way and whether it is worth the hassle.

Please note that I am not comfortable buying gold coins directly online as I have heard that you don't get proper bills from jewellery shops and that may cause issues while doing the exchange.

Thanks in advance for your help.

1. Yes, both amazon shopping vouchers and gift cards can be used to purchase gold coins. But you can only buy 25k worth of ASV and 20k GC in a month.
3. It definitely costs atleast 10% lesser than current price I think.

Not sure about 2.