Myntra - End of Reason Sale (EORS) May 2025. -VIP Ticket for ₹19 / ₹49

[knight]

Do you check legitimacy of online-bought coins?

They come in a plastic seal/sleeve and i guess if we open it it can't be closed.
Do you practice anything to ensure/verify that you've received a genuine gold coin.


It does come in a zip-seal metal box (Kalyan at least), but do you open the coin and get it checked using XRF?



Also, if anyone tried exchanging.. how is the exchange process?
Reliance usually melts old gold while exchanging. Are coins taken directly or are melted?

 

[Sobirvs]

They come in a plastic seal/sleeve and i guess if we open it it can't be closed.
Do you practice anything to ensure/verify that you've received a genuine gold coin.

I didn't verify. I bought the gold around sept last yr. 24.5g. Now marriage in family so got the gold exchanged for jewellery. Local jewellery store didn't say anything. All gold was packed in their respective packaging. All gold was either kalyan or tanishq or malabar or muthoot group.

 

[Sobirvs]

can you elaborate, how did you got at 6.3k/g ??

And on which date??

So other can also get benefits

It's an estimated calculation.

Let's say I buy gold for 48769 for 5g. (after 8% blinkdeal myntra coupon).

Now 10x right, calculations will be 1x+4x+5x

1x Base : 5/150 1625
4x Bonus : 20/150 6500
5x Bonus : 25/150 8125

Total : 1625+6500+8125 (15k limit not breached). = 16250

Cost coming for 5g = 48769-16250 = 32519

5g gold 32519/5 = 6503

Now let's say if someone buys more, like 10g and banks on the fact that bank gives 1x+4x this month and 5x remaining next month and doesn't calculate points for this month quota, this calculation can bring price to 6.2k/g and lower. Still 6.5k/g is guaranteed for lower amount.

 

[SSV]

Guys,
I want to highlight one thing about Myncash .. About 18 months ago I received 10K myncash as a promotional offer..
I thought it was a very liberal giveaway.. this I got it when I was buying Gold coins heavily by taking advantage of myntra card at that time..
My question is: is this a regular phenomenon or a one off thing??

 

[Slayer]

One off

Consider yourself lucky

 

[SSV]

One off

Consider yourself lucky

I am always lucky, thanks for confirming 👍!!

 

[parasf]

It's an estimated calculation.

Let's say I buy gold for 48769 for 5g. (after 8% blinkdeal myntra coupon).

Now 10x right, calculations will be 1x+4x+5x

1x Base : 5/150 1625
4x Bonus : 20/150 6500
5x Bonus : 25/150 8125

Total : 1625+6500+8125 (15k limit not breached). = 16250

Cost coming for 5g = 48769-16250 = 32519

5g gold 32519/5 = 6503

Now let's say if someone buys more, like 10g and banks on the fact that bank gives 1x+4x this month and 5x remaining next month and doesn't calculate points for this month quota, this calculation can bring price to 6.2k/g and lower. Still 6.5k/g is guaranteed for lower amount.

So you count bonus according to offer running on payzapp

But are you sure, if I buy gold through myntra via payzapp,
Will I get 10x reward points on my infinia card ??

Actually I don't know how payzapp calculate 10x ? And credit reward points to card statement

It's direct 10x? Or as you said
1x+4x+5x ?

 

[Sobirvs]

So you count bonus according to offer running on payzapp

But are you sure, if I buy gold through myntra via payzapp,
Will I get 10x reward points on my infinia card ??

Actually I don't know how payzapp calculate 10x ? And credit reward points to card statement

It's direct 10x? Or as you said
1x+4x+5x ?

it will be 1x+4x+5x, that's 100% confirmed.

And am I sure I'll get yes, I am almost certain I will but I also think HDFC can reverse if they want, so I'm just taking risk here, let's see.

 

[taskmaster]

If i use swiggy hdfc i should get 5%(smartbuy)+5%(card)+5%(bonus) on buying gold. Am i right?

 

[devendrajain19]

Can we buy myntra gift card as well from myntra with smartbuy 10X offer?

 

[Sobirvs]

Can we buy myntra gift card as well from myntra with smartbuy 10X offer?

You can try though. I tried taking it till OTP page and merchant name shows MYNTRA VIA SMARTBUY

So it seems it might give but again, HDFC has all the rights to reverse the points in future if they want.

 

[devendrajain19]

View attachment 99522

You can try though. I tried taking it till OTP page and merchant name shows MYNTRA VIA SMARTBUY

So it seems it might give but again, HDFC has all the rights to reverse the points in future if they want.

Thanks for the information. I thought if we can buy gift card then I can buy gold whenever i want to.
Also for buying gold coins should we pay directly via credit card or pay via payzapp? Which one is more safer option.
I know HDFC bank can reverse the points in future if they want.

 

[Sobirvs]

Thanks for the information. I thought if we can buy gift card then I can buy gold whenever i want to.
Also for buying gold coins should we pay directly via credit card or pay via payzapp? Which one is more safer option.
I know HDFC bank can reverse the points in future if they want.

If you are looking for 33% returns then directly buy from myntra with full risk of reversal.

If you are looking for 16.5% returns with no risk of reverse, then buy myntra vouchers from GYFTR via smartbuy.

Pay either directly or payzapp, both are fine as long as merchant name shows SMARTBUY via Myntra something.

 

[sumeet]

BLINKDEAL LIVE on myntra taken coin from gift voucher from dealzy via sbi cb cc