Amex is not first year free now! But the returns are higher 💲

[@pranayk37]

You can use the below referral link to get 2000 extra points americanexpress.com/en-in/referral/platinum-travel?ref=pARVJ6x95&XL=MNMNS

[@sanskarsahoo2493]

the link is not working.please give new link

[@shaanjaiswal9186]

Yes, please share a new link, this isn't working!

[@pranayk37]

​@@sanskarsahoo2493americanexpress.com/en-in/referral/membership-rewards?ref=sANGEKnVao&XLINK=MYCP

[@pranayk37]

​@@shaanjaiswal9186americanexpress.com/en-in/referral/membership-rewards?ref=sANGEKnVao&XLINK=MYCP

[@anushmittal1025]

​@@pranayk37 so 14000 points as joining? Or 12k points

[@MeldrinRebello]

The best way to use MRCC is to spend 20K in 6 months and 6K in other 6 months. This takes the overall spent to 1.56L, just enough to waive off the annual fee. And the rewad rate jumps to 7.75%

[@siddharthrajesh5814]

Just got the AMEX MRCC delivered today and I have to say you had a major role in convincing me to get one. Now, looking forward to collecting them MR points like a smart albeit mad shopper :p

[@vidhyasagarr-xg5td]

Previously, the MRCC annual charge for referral benefits was ₹1,500. Now, it has increased to ₹4,500.

[@ChetanExplains]

Yes this has been missed, which will decrease the returns year 2 onwards

[@pranayk37]

Good point, focus was more on year 1 returns given a lot of folks were complaining about the card not being free

[@Drg1354]

But if u spend 1.5 lakhs the fee is waived off

[@hyperprohecy]

Pranay.....the second year ROI for non-gyfter spends of 72k on the MRCC comes to a partly 1.96% after you factor in the 4.5k+GST fees into account, this makes the MRCC good for only the first year.

[@pranayk37]

Correct. This video is primarily focused on first year only

[@Drg1354]

@@pranayk37but if you spend 1.5 lakhs the fee is completely waived off! If im not wrong

[@ChetanExplains]

Missed the increased second year fee for MRCC - 4500 impact the returns

[@pranayk37]

Good point, impacts the 2nd year returns. I'm trying to focus more on yr 1 in this video given everyone has been talking about 1st year not being free any longer

[@RishabhGokhru]

@@pranayk37also cover 2nd year aspect in a tweet or video

[@aviraljain7588]

precise details, keep the videos coming. Started using amex cards wisely after watching your videos. Found many hacks to use amex in daily transactions as well. Will soon get a platinum travel as well.

[@techat4155]

Hey Pranay, I'm unable to use the referral link in the description, It says the link is expired. Could you please check or provide a new one?

[@rjv_mntn]

Yep. Same here.

[@pranayk37]

americanexpress.com/en-in/referral/membership-rewards?ref=sANGEKnVao&XLINK=MYCP

[@pranayk37]

americanexpress.com/en-in/referral/membership-rewards?ref=sANGEKnVao&XLINK=MYCP

[@aleems150]

Amex link in the description is opening up the referral for Gold card. Will it work even if I navigate to plat card page?

[@pranayk37]

Yes

[@rohitnaik3189]

Hii wanted to know which amex card is available for person with 4.5 lpa?

[@ayushlahoti7473]

Amex Smart Earn. In case if you want to apply I can share the referral link so that you can get the rewards that were explained by him in the video

[@tarunjain4102]

How much does the second year fee impact the returns from 2nd yesr? An approximate number ?

[@KrishKumar-iq9rp]

With 4500 fees from 2nd year for MRCC, doest it makes sense to get it over Gold?

[@aleems150]

Referral link has expired, could you please share a new one for plat card?

[@pranayk37]

americanexpress.com/en-in/referral/platinum-travel?ref=aNILaHwfz&XL=MNANS

[@maheshchaulapalli2257]

what do you think about the platinum reserve card, ..?

[@pranayk37]

Don't see why it merits the fee it commands

[@maheshchaulapalli2257]

@@pranayk37 I think the benefits such as Accor plus, Taj epicure, and easydinner flat25% on restaurants, unlimited domestic lounge access, international 3 capped.

[@maheshchaulapalli2257]

@@pranayk37 the fee is reversible...!

[@samarthraika6105]

I have a platinum charge card should I take some other card with it or should I just use Amex plat. Please tell me which card I should use with my card

[@pranayk37]

Take plat travel with it. And use the plat travel upto 4Lacs in a year.

[@chetankagyan]

So it's good for first year ? Like next year it'll have more fees with no renewal benefits.

[@Drg1354]

You also get 5000 MR points on renewing your MRCC for the first year. But I have a doubt will this offer be available if I get the card through the referral link?

[@chaitanyabingumalla8045]

Hi Pranay, just started watching your videos and love the content. Can you please give your suggestion on this - i have huge insurance bill payments each year and am planning to get Amex platinum travel card to atleast get milestone benefits. Would like to know if amex gives milestone benefits for such payments and is it worth to utilize the card this way?

[@pranayk37]

It does! You should use it for insurance

[@chaitanyabingumalla8045]

@pranayk37 Also I have couple more questions. 1. Should I go via Amazon or use the companies portal directly. Any suggestions on this? 2. Whats the limit this card will give to its holders on an average with 15L+ salary

[@80eing-747]

great editing, crisp audio and to the point content. win win win

[@pranayk37]

Thank you for noticing

[@dhruveshsuchde2383]

I got the MRCC card but didn’t receive any manish m playing card nor the points Is everyone facing the same issue

[@pranayk37]

Takes a few weeks to come. Also the points will come after you meet the spend threshold

[@dhruveshsuchde2383]

@@pranayk37 thanks for the info really appreciated

[@sudhanshu222]

I have 2 questions. How do you calculate 0.50 per point for Amex platinum travel card ? Also, if I have MRCC and PT card and want to book hotels etc using AMEX travel platform. Is there a difference between booking using MRCC card and PT card ?

[@pranayk37]

There's no one way to redeem these points. You have to be mindful of the value you're getting. Watch the video about Norway business class travel to get an idea of some of the ways in which you can generate great value

[@ImArsh123]

Very useful insights. Please recommend a credit card/cards to pay for flat, the developer accepts credit card payments. Its a construction linked payment plan as the property is Under construction so the payment happens in parts as per stage

[@neil7915]

Should we have Amex Travel card and MRCC both. Does it make sense to have both the cards?

[@pranayk37]

If your spends are more than 4L, yes. Plat travel is only good till 4L, move spends to another card after that

[@siaumsreen]

Are you telling the first year free wont retun anymore? I think it will come back afer the current offer is completed.

[@pranayk37]

Unlikely..

[@amitabhmaheshwari]

I use my MRCC and platinum travel cards for NPS. I get all milestone benefits.

[@chaitanyabingumalla8045]

Would like to know if you pay insurance premiums as well and still get the milestone benefits?

[@divyeshmor]

Hi Pranay, thanks for the detailed breakdown. I used a referral link to get MRCC but got 500 bonus points only. Is that the new norm ?

[@ron9079]

I got a card using your referral link but no info on the playing card set. Do I need to send a request to customer support regarding that?

[@pranayk37]

They send it after a few weeks but no harm in calling and reminding

[@ron9079]

@@pranayk37 Customer support said 120 days after the offer ends :(

[@kush2686]

Can you pls share your referral link ? All of Pranay's links are expired now😢

[@pranayk37]

@@kush2686 americanexpress.com/en-in/referral/gold?ref=pRANAKBHvA&XL=MNMNS

[@RaviTeja-sx7jh]

Hi Pranay, If I take say an Apple product on EMI - will the total EMIs paid over an year count towards the annual spends?

[@pranayk37]

Yes

[@dssjayanth9603]

Is insurance payment included in 4L threshold calculation for amex platinum travel ?

[@pranayk37]

Yes

[@sidharthpadhi1449]

Should I upgrade my DCB black LTF to Infinia ? Also I am thinking of getting an Amex platinum travel card . Does it make sense when I already have a plastic DCB LTF ?

[@pranayk37]

Yes it does. For the first 4 Lacs, plat travel is better return

[@sidharthpadhi1449]

@@pranayk37 Thanks for the quick reply Pranay . I want you to review my credit card strategy I have the following cards 1. DCB Plastic LTF (major spends on this card) 2. Axis Airtel Cashback (Airtel spend & electricity spends) 3. Tata Neu infinity ( all upi spends) 4. Sbi irctc platinum ( for Amazon sale & train tickets) Should I add/replace any card to my existing set of cards . You have suggested to add Amex platinum travel. Should I replace dcb plastic with infinia or let it be ? My yearly spends is 8L

[@A-man3607-p7o]

Hi Pranay, I think your referral link is not working. Can you update the link and confirm if 2000 bonus points are still available through referral for platinum travel

[@pranayk37]

americanexpress.com/en-in/referral/membership-rewards?ref=pIYUSA7x0e&XL=MIMNS

[@iamabdulkadirl]

I was actually waiting to hear your thoughts on the Plat Charge card :D

[@vep5293]

Hi sir Good Video on one of the best card. Just wanted to know if it gives benefits on the insurance payments

[@pranayk37]

Yes counts towards milestones

[@sleepwellworld2.0abids70]

Is it possible to get more then one amex card . If yes, do the points stack up on one account?

[@ranjithkumarvalakeerthi5055]

yes, to one account

[@vighneshpatnana]

Which card is best for movies/bms

[@NamanKasliwal071]

Hi Pranay, Could you please suggest any good cc for insurance premiums payment (either cashback or milestones)

[@pranayk37]

Amex plat travel. Insurance counts towards 4L milestone

[@NamanKasliwal071]

@ any reward points will be given on hdfc neu infinity cc on purchase of amazon gift vouchers. If i plan to pay the premiums through amazon gift card

[@AyushVashishtha]

Hey Pranay, can you share the link for Platinum Travel again? The latest ones seem to be expired again

[@pranayk37]

www.americanexpress.com/en-in/referral/intl/platinum-travel?CORID=n~I~M~I~S~A~X~3~y~w-1729654972803-1698906228&CPID=100364221&GENCODE=349993166162004&XL=MIANS&ref=nIMISAX3yw&v=2

[@neil7915]

Do you have a referral link for AMEX Travel card?

[@pranayk37]

americanexpress.com/en-in/referral/platinum-travel?ref=aNILaHwfz&XL=MNANS

[@harshbhakkad2224]

My platinum travel card was approved a few days back and I will receive it in a few days. Will get 2k or 12k points as welcome bonus?

[@neil7915]

Hi Pranay, In a comment on another video, I requested for a video on the subject of Overlapping benefits. You might want to suggest which credit cards have benefits that complement each other and which credit cards have overlapping benefits and should not be owned together. This might be an interesting and yet another informative video for your audience. Thank you.

[@pranayk37]

Thanks for your comment, noted!

[@vighneshpatnana]

Can you also do a video illustrating a better rupay credit card

[@akshaannambiar3546]

Is this change in the joining bonus for Travel card for applications processed after the changes? Aksing because i applied before the changes but my card has just come. So what rules apply to me?

[@rpawankumar]

If my expenses are 3lak an year.. which is better, MRCC or Plat.... if plat. Is better, can I switch to MRCC after 1 year

[@RakeshKumarGrandhi]

You cannot switch, but you can surrender the existing card and apply for MRCC after one year.

[@rpawankumar]

@@RakeshKumarGrandhi ohh..thanks for information, so we need to wait for an year for the new application

[@AbhishekSingh-ep3gt]

Best would be to get a supplementary card and pass it on to your wife or parents. It will easily help you in achieving it.

[@rpawankumar]

@@AbhishekSingh-ep3gt in that case, would supplementary card chargeable?

[@RakeshKumarGrandhi]

@@rpawankumar no bro, you need not wait for an year. You can apply right away once you get your Plat card if needed. I just said 12 months as you mentioned in your comment. That's it

[@shaanjaiswal9186]

Pranay, great video. I have one question thou, do fuel and utility purchases on MRCC count toward the milestone benefits? I know we don't get any direct MR points for them but do they get counted towards the milestone benefits of four 1,500 INR spend category and 20,000 INR spend category?

[@irfanbashashaik3863]

yes bro they r

[@shaanjaiswal9186]

@@irfanbashashaik3863 are you using it for fuel spends?

[@pranayk37]

Everything counts towards milestones

[@shikharvaish1641]

Does it makes sense to pay income tax using amex platinum travel considering it adds on 1.08% extra? Could you please create a video on tax payments and how to think about it?

[@pranayk37]

Even if you achieve the entire 4L milestone with tax, and only get milestone benefits, you'll get 40K points which are worth ~20K INR. That's a return of 5%. 5 > 1 so id say it makes sense Even net of fee it's 3.75% return so still makes sense

[@bhaskarbharti]

HI @Pranay - suggest something pls, I just got the Travel Card I think 15-20 days back. I believe the new MR points system was not valid then as a welcome benefit. Can I still claim it? Will calling Amex work here since it is actually a new card only. My first statement got generated yesterday.

[@pranayk37]

Not sure, try calling and check

[@jeetudhansinghani4239]

​@@pranayk37do we get free mrcc with gold still or that's no longer a thing

[@batmanz.]

If someone doesn't like to spend points in 5star hotels like marriott is it worth getting amex cards?

[@ShivamGupta-wf5ni]

TBH no just get simple cashback card.

[@shivamgarg2546]

how does plat travel look in second year and onwards?

[@RohanJitSingh]

Can you pay term life insurance via the platinum travel card at get the rewards and milestone benefits?

[@pranayk37]

Yes. Counts towards milestone benefits

[@RohanJitSingh]

@@pranayk37 thanks, but you won't get reward points for every 50rs right

[@chaitanyabingumalla8045]

​@@RohanJitSingh would like to know if you had payments done using this card and received the benefits

[@RohanJitSingh]

@@chaitanyabingumalla8045 I used infinia in the end

[@RishabhGokhru]

MRCC renewal fees is also revised I guess what about that in 2nd year??

[@adityakumaar4252]

sir, i am a recently graduated and got a job in delhi. i am very new to this car world, my relatives are saying to get a car this year, cuz for the last year i am tiered of travelling in metro at rush hours, the only best solution might be getting a new car. i have somewhat 25LPA job, how much should i spend on car. and i am kinda hoping to spend like 20Lakhs on a car, idk if i should, do le me know. i am kinda inclined towards harrier/safari or jeep compass or scorpio N. somewhat a bigger car i want to know, what should i look for in the new car, and what should be best for me. and if i go into the showrooms, what should i look for

[@pranayk37]

Very personal choice. I don't know your circumstances to be able to suggest how much should you spend on a car :)

[@adityakumaar4252]

@@pranayk37 For my first car, I can spend somewhere around 20 to 25 Lakhs. In my hometown, we have breeza. And I am 6'3" tall, so dezire type cars feel small for me 😬

[@shivamchopra1151]

Hi. Can you pls share the updated referral link for Platinum travel card?

[@pranayk37]

americanexpress.com/en-in/referral/platinum?ref=aBHISC8m73&XL=MNMNS

[@shivamchopra1151]

Hi Pranay. You shared for the platinum reserve card. I was looking for the platinum travel card.

[@pranayk37]

​@@shivamchopra1151americanexpress.com/en-in/referral/platinum-travel?ref=aNMOLaSLqk&XL=MNMNS

[@kaustubhnaikawadi6565]

Just a simple question, are we rewarded with those 1000 points milestones of 1.5k x 4 transition and 20k monthly spends every month or just in a single month after reaching the milestones

[@pranayk37]

Every month

[@sameerdeshpande]

Is this video shot hand held? Or is it just my ocd kicking in

[@sameerdeshpande]

Or is the camera just following the face?

[@pranayk37]

It's a dji osmo pocket 3 that's following the face haha

[@anshbirani]

Make a video on your credit card strategy, I guess the Plat charge is gathering dust in your case for the rest of the year

[@pranayk37]

Haha pretty much. Use it for reward multipliers on gyftr or for international transactions

[@devendrabhat502]

I got my travel card 3 months back, I got 10000 rewards points.

[@arhamjainrocks2775]

I simply dont know I used your referral link in current month only and got only 500 as refferal point for Amex platinum travel card

[@pranayk37]

Spend 5000 in 90 days to get the remaining points

[@amitabhmaheshwari]

It is unlikely that plat charge card holders spending less than 20 lakhs will get any renewal benefit now, since they now have a written policy on this

[@pranayk37]

Thanks for sharing. All the more reason why I'm going to surrender my plat charge 😂

[@khanderkar]

I have seen your multipack videos and see that you refer gyftr in Mrcc or gold card only I hope I can buy amazon pay gift cards on my platinum travel card as well and then make utility payments using Amazon UPI ? I don’t have card yet but planning to act as above…

[@pranayk37]

Amex plat travel doesn't give accelerated points for gyftr

[@dhruvit.shah7]

Can you guide me how to get 0.5 paise per MR point or link to your video explaining it?

[@pranayk37]

There are multiple ways.. if you choose the right hotel for redemption on bonvoy Marriott, you can use it. See the video where we talk about redeeming amex points for business class travel

[@SourabhSharma-kq6ed]

at 13:24 = you were about to say "A lot of you .. don't even have it"

[@pranayk37]

Actually you'll be surprised at how many people have this card :D

[@amitabhmaheshwari]

Gold has some luxury perks which MRCC doesn’t

[@atharvabhave8490]

I am confused between the 2, could you expand on this?

[@sakshamjha2600]

Gold can be better if you cant spend 20k a month. Basically you spend everything on plat travel but purchase swiggy moneys, amazon pays and uber gift cards from gold charge

[@KaranC17]

Hey Pranay, new subscriber here! Loving your content. Question: I applied for Amex using referral, and got it day before yesterday. The new Manish Malhotra gift set offer was already live by then. But I did not receive that along with the card. Any clue? Does it get delivered later, like on the payment of joining fees or should I check in with the customer support? Thanks!

[@pranayk37]

Comes later

[@akshatkarnawat9020]

how to pay taxes from amex cards

[@pranayk37]

Income tax portal.. select canara bank payment gateway while paying

[@akshatkarnawat9020]

@@pranayk37 how to pay GST also please tell soy

[@aniketmish]

Seems like the referral joining points are 500 and not 2000

[@AbhishekSingh-ep3gt]

Exactly, I had to chat with Amex and they confirmed that MRCC and PTC will only get 500 points as per the new doc enabled from 1st Aug 24 till 31st Dec 24. Pranay, the calculations might need to change a little.

[@pranayk37]

If you look at the referral link, it says 2000 bonus points on referral. not 500. where are you seeing 500 points? www.americanexpress.com/en-in/credit-cards/referral/prospect/intl/0641C7793895279388161E875A57232DF7FC0DB3E82E5A372B8CE5C04CB3167AF500F554ADB5F4901A39DCD8E77043697CE531648C163B036B01486BAF6B111CF6ED2F34E4138C5496AA2D694396DD89EA5E2A9A3F2B270482F7AEF8590C436D973E5A42CF9BC412A9463EB7EC19C111A7E91A4F055DFC03A37AD7990A8A803D4DF8566239C9AE656630607E755993AE65E2B595F72B2457DFAB6546383DD9985A1E71A466D2951F97FCE4E757DD6629D9A4DAABB69A4D92E0E99E07982D355AB536C8363C4BB748EFD6D024BB69410DC07F41DB5A20C5A9AF9D5DE4F582D0F0E6716D11BB0BE6973A9DF0E3084D0555?CORID=p~R~A~N~A~K~A~l~G~r-1726212896077-1786880141&CPID=100364260&GENCODE=349992250588702&XL=MNANS&ref=pRANAKAlGr&v=2

[@aniketmish]

This is what i get from them - As I can see, the referral bonus of 500 points are already credited to the account in the month of august, the referral bonus is not 2000 points. It was reduced to 500 points as your card was approved in august-september.

[@arhamjainrocks2775]

I also got only 500 point as refferal bonus

[@revathy3909]

I have received 2000 bonus points - member get member offer upon referral in September

[@sudheerakula355]

Hey Pranay, can you share mrcc referral link plz

[@pranayk37]

www.americanexpress.com/en-in/credit-cards/referral/prospect/intl/8D6A6AC2A75FF472C8B0E9F0894960F0B5CD7D002EED7DD82B8CE5C04CB3167AF500F554ADB5F4901A39DCD8E77043697CE531648C163B036B01486BAF6B111CF6ED2F34E4138C5496AA2D694396DD89EA5E2A9A3F2B270482F7AEF8590C436D973E5A42CF9BC412A9463EB7EC19C111A7E91A4F055DFC03A37AD7990A8A803DEBC6AA998E71472C3B480EB3F8D8BBA7AC228A2CF9F3165EDFAB6546383DD9985A1E71A466D2951F97FCE4E757DD6629D9A4DAABB69A4D92E0E99E07982D355AB536C8363C4BB748EFD6D024BB69410DC07F41DB5A20C5A9AF9D5DE4F582D0F0E6716D11BB0BE6973A9DF0E3084D0555?CORID=v~E~E~N~A~A~o~P~j~a-1728454812304-358046412&CPID=100364247&GENCODE=349993293970436&XL=MNMNS&ref=vEENAAoPja&v=2

[@yezdan2814]

Please share mrcc referral link

[@pranayk37]

You can use the same link. Just click on more cards at the bottom and select mrcc

[@virgoshell]

Hey Pranay!! Thank you for all the efforts you put in to research and share the details withi your viewers. 1) Which Card would you recommend for Tax payments (GST / Advance Tax/ Income Tax) - which will help in acheiving spend milestones to get points. I noticed that most of the cards have stopped giving points on government related transactions last 2 months. 2) Which is the next best card to use for optimising points collection after 4 lakhs spends on AMEX Travel platinum card.

[@pranayk37]

1) amex platinum travel 2) MRCC/ Gold is a good one upto 72000. Sbi vistara prime is also good for milestone based spends (tax not included)

[@NitinKumar]

pranay can you make a video on health insurances xD if you can !!

[@pranayk37]

Can you elaborate a little? What exactly do you want to know? Will help plan

[@paarasarora2992]

megamind

[@somjyoti05551651651]

Return on expense =8-5%- 10% Plus, the lounge benefits