• Hey there! Welcome to TFC! View fewer ads on the website just by signing up on TF Community.

Sharing my Amex Platinum 318% ROI strategy with 145K MR SUB on new Amex Platinum Charge

hs23new

TF Premier
Hey guys, my Platinum Charge got approved.

Initially I got a standard offer for 45K Taj Voucher, and additionally for using referral I got 10k MR and 5K Amazon voucher offer. After approval, I wrote email to nodal officer requesting for 135k sign up bonus offer instead of 45k Taj Voucher and they approved it. I have attached proof of screenshot below.

Here is my updated Amex Strategy.

1) Get Amex USA EveryDay LTF Credit Card and transfer points from Amex India to Amex USA. 145000 Amex India MR will convert to approx 94250 Amex USA MR which is worth 94250 Rs when transfered 1:1 to the below partners. Conservative value is Rs 1, but you can easily get 2X when booking business class to USA / EU.

Amex Airline PartnerMin TransferTransfer Ratio
(Amex > Partner)
Transfer Time
Aer Lingus1,0001:1Almost Instant
Aeromexico1,0001:1.62-12 days
Air Canada1,0001:1Almost Instant
ANA1,0001:13 days
Avianca LifeMiles1,0001:1Almost Instant
British Airways1,0001:1Almost Instant
Cathay Pacific1,0001:1Up to 1 Week
Delta Air Lines1,0001:1Almost Instant
Emirates1,0001:1Almost Instant
Etihad Airways1,0001:1Almost Instant
Flying Blue Air France/KLM1,0001:1Almost Instant
Hawaiian1,0001:1Almost Instant
Iberia1,0001:11-3 days
JetBlue2501:0.8Almost Instant
Qantas5001:1Almost Instant
Qatar Airways1,0001:1Almost Instant
Singapore Airlines1,0001:11-2 days
Virgin Atlantic1,0001:11-2 days

More info below:
1) https://www.technofino.in/community...indian-amex-card-to-us-amex-card-account.669/
2) https://www.technofino.in/community...or-us-credit-card-guide-for-non-resident.193/
3) https://www.technofino.in/community/threads/how-to-get-itin-as-usa-non-resident.13292/

2) By buying 2L Apay monthly via 5XGyftr I can earn additional 5k/m compared to Gold card. 60k MR for 1 year is worth 39k FFP when transferred to Amex USA. By 24L annual spends, you can qualify for good retention bonus.

3) Claim 10800 as GST input on my side business.

5) Get Platinum Reserve as a free companion card which comes with Accor Plus Traveller membership worth 8260

6) Transfer 48000 points earned Platinum Travel card on 4L spends to Amex USA for 31200 FPP

Total cost- 72800
Cost of Amex Platinum (India)- 70800 (60k+ GST)
Cost of Amex EveryDay Credit Card (USA) - LTF
DIY ITIN cost - 2000

Benefits - 167050
- 94250 + 39000 Amex India to Amex USA MR.
- 10800 GST Input
- 5k Amazon Pay voucher
- 10k Taj Birthday voucher
- 8K Accor Plus Traveller

This is 229% ROI. ROI can be higher if you go for Amex USA Green card (150 USD fee for 40k MR SUB) or Amex USA Gold card (250 USD fee for 90k MR SUB).

Additionally Amex gives 25k MR referral benefit if someone gets platinum charge card approved using your link. Assuming I can get 4 Amex Platinum referrals this year, this will give me extra 65k Amex USA. That makes it 318% ROI.

You can also transfer points earn on Platinum Travel and MRCC to USA for higher returns.

If you found this post useful and want a referral link, please DM me. On successful approval using my referral link, I will share the email template I used to get 135k sign up bonus (normally max they give is 100k) + detailed DIY guide on how to get ITIN under 2k (this alone will save you 15k-17k) + USA credit card roadmap to earn 1 million points using SUB. I cannot guarantee that you will also get 135k offer but there is very good chance you will get it if use my email template.

WhatsApp Image 2024-05-14 at 19.39.51.jpeg
 
Last edited by a moderator:

nithin1992

TF Select
VIP Lounge
135K points + Taj GV + Referral bonus? 😅

How do we make this happen? They've been sending me 125K points offer on upgrade but I've been holding back. Could you please share more details about the mail etc here or over DM?
 

hs23new

TF Premier
135K points + Taj GV + Referral bonus? 😅

How do we make this happen? They've been sending me 125K points offer on upgrade but I've been holding back. Could you please share more details about the mail etc here or over DM?

The offer is 135k MR instead of 45k Taj voucher, not both. You get 10k MR + 5k Amazon for referral. 10k Taj Voucher you get on birthday.

DM me for further details.
 

Rags

TF Select
Hey guys, my Platinum Charge got approved.

Initially I got a standard offer for 45K Taj Voucher, and additionally for using referral I got 10k MR and 5K Amazon voucher offer. After approval, I wrote email to nodal officer requesting for 135k sign up bonus offer instead of 45k Taj Voucher and they approved it. I have attached proof of screenshot below.

Here is my updated Amex Strategy.

1) Get Amex USA EveryDay LTF Credit Card and transfer points from Amex India to Amex USA. 145000 Amex India MR will convert to approx 94250 Amex USA MR which is worth 94250 Rs when transfered 1:1 to the below partners. Conservative value is Rs 1, but you can easily get 2X when booking business class to USA / EU.

Amex Airline PartnerMin TransferTransfer Ratio
(Amex > Partner)
Transfer Time
Aer Lingus1,0001:1Almost Instant
Aeromexico1,0001:1.62-12 days
Air Canada1,0001:1Almost Instant
ANA1,0001:13 days
Avianca LifeMiles1,0001:1Almost Instant
British Airways1,0001:1Almost Instant
Cathay Pacific1,0001:1Up to 1 Week
Delta Air Lines1,0001:1Almost Instant
Emirates1,0001:1Almost Instant
Etihad Airways1,0001:1Almost Instant
Flying Blue Air France/KLM1,0001:1Almost Instant
Hawaiian1,0001:1Almost Instant
Iberia1,0001:11-3 days
JetBlue2501:0.8Almost Instant
Qantas5001:1Almost Instant
Qatar Airways1,0001:1Almost Instant
Singapore Airlines1,0001:11-2 days
Virgin Atlantic1,0001:11-2 days

More info below:
1) https://www.technofino.in/community...indian-amex-card-to-us-amex-card-account.669/
2) https://www.technofino.in/community...or-us-credit-card-guide-for-non-resident.193/
3) https://www.technofino.in/community/threads/how-to-get-itin-as-usa-non-resident.13292/

2) By buying 2L Apay monthly via 5XGyftr I can earn additional 5k/m compared to Gold card. 60k MR for 1 year is worth 39k FFP when transferred to Amex USA. By 24L annual spends, you can qualify for good retention bonus.

3) Claim 10800 as GST input on my side business.

5) Get Platinum Reserve as a free companion card which comes with Accor Plus Traveller membership worth 8260

6) Transfer 48000 points earned Platinum Travel card on 4L spends to Amex USA for 31200 FPP

Total cost- 72800
Cost of Amex Platinum (India)- 70800 (60k+ GST)
Cost of Amex EveryDay Credit Card (USA) - LTF
DIY ITIN cost - 2000

Benefits - 167050
- 94250 + 39000 Amex India to Amex USA MR.
- 10800 GST Input
- 5k Amazon Pay voucher
- 10k Taj Birthday voucher
- 8K Accor Plus Traveller

This is 229% ROI. ROI can be higher if you go for Amex USA Green card (150 USD fee for 40k MR SUB) or Amex USA Gold card (250 USD fee for 90k MR SUB).

Additionally Amex gives 25k MR referral benefit if someone gets platinum charge card approved using your link. Assuming I can get 4 Amex Platinum referrals this year, this will give me extra 65k Amex USA. That makes it 318% ROI.

You can also transfer points earn on Platinum Travel and MRCC to USA for higher returns.

If you found this post useful and want a referral link, please DM me. On successful approval using my referral link, I will share the email template I used to get 135k sign up bonus + detailed DIY guide on how to get ITIN under 2k + USA credit card roadmap to earn 1 million points using SUB. I cannot guarantee that you will also get 135k offer but there is very good chance you will get it if use my email template.

WhatsApp Image 2024-05-14 at 19.39.51.jpeg
Hi, Great info. How to get Amex USA CC with no business or visa of USA?
 

hs23new

TF Premier
Hi, Great info. How to get Amex USA CC with no business or visa of USA?
No business or visa of usa required. Amex issues card basis Indian CIBIL score and ITIN.

You do need a usa address but that you can get easily using shipping forwarding providers like Shipito.

You need a usa bank account to make the payments to CC. This may not be required if you use the LTF CC only MR transfer and not transactions.

There existing threads that discuss these in more details. I have added link in the first post. Please refer that.
 

atx

TF Select
1. You've added 39k mr points but not accounted 24L spends done to get those. That's not RoI on new card, that's after an year of spends right?

2. gst input? So you're basically procuring this card on your business name right?
From what I've read, gst input can only be claimed if that product/service is procured solely for business/furtherance of business & not allowed for goods/service for personal use. So I think taking personal card & claiming input gst is actually illegal. Infact taking that gst credit won't be possible as that amount won't show in gst account.. Maybe a CA can shed more light. But if you're a CA yourself, I guess you would have weighed in the pros and cons already in case AO notices this.
 

CARDBITRAGE

TF Ace
1. You've added 39k mr points but not accounted 24L spends done to get those. That's not RoI on new card, that's after an year of spends right?

2. gst input? So you're basically procuring this card on your business name right?
From what I've read, gst input can only be claimed if that product/service is procured solely for business/furtherance of business & not allowed for goods/service for personal use. So I think taking personal card & claiming input gst is actually illegal. Infact taking that gst credit won't be possible as that amount won't show in gst account.. Maybe a CA can shed more light. But if you're a CA yourself, I guess you would have weighed in the pros and cons already in case AO notices this.
It's not illegal because it is impossible. It should be invoiced and uploaded from the supplier's end(which is the card provider in this case) against a GSTIN to claim GST.
 
Last edited:

hs23new

TF Premier
1. You've added 39k mr points but not accounted 24L spends done to get those. That's not RoI on new card, that's after an year of spends right?

You are right that this 39K MR is not ROI on new card. Still I am doing these spends now on Gold card and wanted to factor in additional benefit of Platinum charge over gold charge.

2. gst input? So you're basically procuring this card on your business name right?
From what I've read, gst input can only be claimed if that product/service is procured solely for business/furtherance of business & not allowed for goods/service for personal use. So I think taking personal card & claiming input gst is actually illegal. Infact taking that gst credit won't be possible as that amount won't show in gst account.. Maybe a CA can shed more light. But if you're a CA yourself, I guess you would have weighed in the pros and cons already in case AO notices this.
Will discuss with CA and share an update shortly.
 
Top