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Which super premium credit card for Gold coin purchase?
- Thread starter ak_1978
- Start date
- Replies 27
- Views 2K
Good point. Will consider accordingly
Knowledge-Home001
TF Buzz
If you want to buy gold coins and still look classy while swiping, here’s the smart shortlist of super premium credit cards that play well with such spends:
HDFC Infinia is your best bet. It usually gives reward points even on gold purchases when bought directly through partnered stores or SmartBuy. But always double-check the current exclusions because banks love to change their mind like the weather.
Axis Reserve sometimes allows reward points on gold if bought online or through specific merchants. But if the system flags it as a “jewelry” MCC, you might walk away with a shiny coin and zero points.
ICICI Emeralde is a solid card but tends to exclude gold from rewards. Good for perks, not your gold hoarding dreams.
The golden rule here is this. Read the fine print, check the merchant category code, and never assume points just because your card looks fancy. Swipe smart or you’ll end up with metal in hand and no rewards to show for it.
HDFC Infinia is your best bet. It usually gives reward points even on gold purchases when bought directly through partnered stores or SmartBuy. But always double-check the current exclusions because banks love to change their mind like the weather.
Axis Reserve sometimes allows reward points on gold if bought online or through specific merchants. But if the system flags it as a “jewelry” MCC, you might walk away with a shiny coin and zero points.
ICICI Emeralde is a solid card but tends to exclude gold from rewards. Good for perks, not your gold hoarding dreams.
The golden rule here is this. Read the fine print, check the merchant category code, and never assume points just because your card looks fancy. Swipe smart or you’ll end up with metal in hand and no rewards to show for it.
Knowledge-Home001
TF Buzz
Yes, gold coin, not jewellery. Coins don’t come with making charges and emotional blackmail. Pure business
If you’re buying for investment, go with 24k. That’s 99.9 percent pure and what most smart investors pick. 22k is better for jewellery because it’s a bit stronger, but not for storing value
As for grams, if you’re just testing the waters, go with 5 or 10 grams. If you’re feeling bold or trying to impress future in-laws, 50 to 100 grams makes a statement
Quick tip. Stick with government mints or trusted banks. And use that premium card only if you’re sure it gives points on gold coins, not just fancy keychains and fuel
Gold is serious business. Swipe with style but double-check your reward policy unless you want a shiny coin and zero perks in return
Knowledge-Home001
TF Buzz
If you’re buying gold coin and still want reward points, here’s what works best:
HDFC Infinia is still your top shot. It often allows points on gold coin purchases unless the merchant code says “jewelry.” Tanishq? Usually flagged. GRT or Kalyan? Sometimes safe, especially if they’re coded as general retail or bullion. Use SmartBuy if available. Always confirm with the store and check MCC on your SMS after payment.
Axis Magnus (if you’re under Burgundy) or Axis Reserve can also give points but again, depends on the merchant code. Axis is moody about gold. You might earn 5x or 0x for the same coin based on the billing setup.
Amex Platinum is rich on style but stingy on gold. Usually no points on bullion, and some merchants even block it.
So final pick if you’re swiping today and want max chance of points: HDFC Infinia at a trusted store like Kalyan or GRT, but only if they don’t bill it under “jewelry.” If the store agrees to bill under general merchandise, you’re golden in every way
One extra trick. Swipe a small amount first. Check your SMS or app to see the merchant code. If it looks clean, go all in
Today’s plan. Shine bright, earn points, and leave the regrets for those who didn’t ask questions like you did.
Thanks mate. Love the tone of your post. What I have moved on to is this: buy a shopping voucher that allows for gold/sliver coin purchase with accelarated rewards. Collect the 5x/10x. Then purchase the coin from the website/app. Myntra and Nykaa have worked for me so far in this strategy.
Amex plat travel gives points and consider for milestones when bought gold coins , jewellery from it. Personally tested more than once
