Amex 100% Cashback Offer – upto Rs.30,000 on food, shopping & Travel

By | August 18, 2021
Amex 100% Cashback Offer

While we’re already high on rewards and cashback’s because of the long list of raining amex offers that American Express rolled out for this August 2021, here’s yet another mind-blowing 100% cashback offer for the Platinum charge card holders.

Offer Details

OfferGet 100% Cashback on spends with select merchants
Max. Cashback:Rs.30,000
Eligible Spend TypesFlipkart, Croma, MakeMyTrip & Zomato – Refer T&C
Offer Period17 Aug – 7 Nov 2021
How to opt-inLogin to Amex Account & Save offer to card
Fulfilment3-5 Days usually (but might take upto 90 days, rarely)

These 100% cashback offers on metal cards are one of a kind in the industry and Amex is becoming a trendsetter with this, just like how HDFC did with 10X rewards.

Just incase if you’re wondering, the black card gets sweet 50K INR cashback – they deserve more though.

The previous 100% cashback offer upto Rs.27,500 was quite useful for me as I utilised most of it to grab a new M1 Macbook Air via Flipkart. This time I’ll probably use it for festive shopping at Croma.

If I assume it right, this year too we may not see festive offer for plat charge as this offer is partly designed with that in mind – Diwali is on 4th and this offer ends on 7th.

Bottom line

This is perhaps the 5th such 100% Cashback offer that Amex rolled out post Covid-19 breakout and its fortunately getting better over time.

These offers are basically decided by the big guy: Covid-19

That’s right, as long as the virus mutates and creates a stage for the new wave, travel is expected to fall and Amex will reward the cardholders with alternative benefits like this one.

That all said, its sad that new amex cards can’t be issued at the moment due to RBI ban and so you can’t grab this metal card to enjoy these jaw dropping offers.

While Amex can’t issue cards for those who’re new-to-amex, I guess they can still technically upgrade the cards for existing cardmembers just like how HDFC does – if they wish so.

Amex refrains from doing that as of now without a solid reason that’s known to me, but if the ban continues for longer period, I think upgrades would be inevitable.

68 thoughts on “Amex 100% Cashback Offer – upto Rs.30,000 on food, shopping & Travel

  1. Deepak Kumar

    When 100% cashback was introduced last time, I bought Mi’s robo vacuum and it helped a lot as our house maid didn’t come for close to a month..

    Hoping to get something similar this time as well… Might go for a good laptop for my wife, who is a Branding Consultant…

    Reply
    1. Siddharth Post author

      Cool. Was exploring robo vacuum for a while. Does the wet Mop function work well in Mi?

      Reply
  2. MT

    With this , Amex (in my annual cycle) will plough back all my card fees , tempting me to pay for another year

    Reply
    1. gitns

      Same. I recovered more than the annual fees + taxes. I was thinking of calling the support for reversal of fees or some extra renewal benefits, but looks like I wouldn’t need it now πŸ™‚

      Reply
  3. Abhi

    Yes Amex is refraining from upgrades and I checked with CC, owing to RBI’s ban they are not doing upgrades, card reinstatement nor issuing supplementary cards for existing cardholders. I asked for supplementary cards when they rolled out the shop small campaign but they declined citing ‘RBI advisory’.
    I m not clear what they meant by card reinstatement – whether it means expiring cards won’t be renewed or lost ones won’t be replaced.

    Reply
    1. Siddharth Post author

      reinstatement is re-opening the card ac that’s closed in last 1 yr.

      Reply
  4. Ros

    is it available for supplementary card as well or did the supplementary card get separate offer

    Reply
      1. Raj

        But I was able to save offer in the supplementary card account.
        Does that mean anything?

        Reply
    1. Ishrat Jehan

      Offer extended to Supplemtary card holder. However, it is towards 30,000 cashback on all primary + supplement card holders

      Reply
  5. Gautam

    I always purchase flipkart gift vouchers from flipkart thru such offers that gives me 1 year to spend that amount if there is no immediate requirement of any product.

    Reply
  6. MANJUNATH U

    Hi Siddharth,
    Reading your card blogs section quite often to reap outstanding benefits on cards, that offers maximum value for online/offline spends. Request you to make a review on UNI 1/3 credit card, which is offering outstanding benefits & cashback. Kudos to Siddharth & cardexpert team.

    Reply
  7. Ajai Singh

    Yay got the offer on my platinum charge card its quite a laugh that I was about to close my platinum charge card earlier “Due to less spends” and just keep the Platinum Reserve active. I would have not made the full year fee back if I had πŸ™‚ thx Sid and Amex.

    “While Amex can’t issue cards for those who’re new-to-amex, I guess they can still technically upgrade the cards for existing cardmembers just like how HDFC does – if they wish so.”

    No Sid they are not upgrading/downgrading the cards as they are not exactly a bank its not allowed yet but they are supposed to get partial operations back soon.

    Reply
    1. Siddharth Post author

      That’s what the support says but it’s not a solid reason IMO.

      Reply
  8. Rags

    If I get the 10% cashback (Taj vouchers) on a 6.5lacs offer then that would be a killer.

    Reply
  9. sheshu

    Missed the 27,500 offer last time , but pleasantly happy so see this offer this time . Was disappointed last week as i didn’t get any spend based offer . Good to see Zomato as we can use it with Zomato Pro for dine in too ! Hope we can double dip using reward multiplier for Flipkart ?

    Reply
    1. Siddharth Post author

      These are technically reversals, so I don’t think it will work.

      Reply
      1. S&S

        Just checked with chat support

        Question:
        I’ve received a 30K cashback offer on my Plat Charge. It includes flipkart.
        Can I buy stuff on flipkart via reward multiplier and get 5X benefit too.?”

        Answer:
        “I would like to inform you that you can avail both the benefits at the same time”.

        PS: Thanks for all the great work you’ve been doing Siddharth,
        that too ‘without any ego, let alone a flashy one’ πŸ˜‰

        Reply
  10. Abhishek

    Any Income Tax angle on this given the huge Cashbacks being rolled out by Amex and the total cashbacks definitely crossing the Rs. 50,000 mark.

    Reply
    1. Siddharth Post author

      Ideally payable.

      But it’s good to have it checked with the auditor as each one treat differently given the fact that the tax on cashback rule is not crystal clear yet.

      Anyway, its old story. GST on cashback/voucher seems to be the new nightmare for 2021 & beyond.

      Reply
      1. Ros

        It all depends upon how you tackle the cash back vis a vis the annual fees

        Reply
  11. daredevil

    Siddharth news πŸ“° padha kya?
    Your favourite HDFC is back, now you’ll get paid for your reviews!!

    Reply
    1. Siddharth Post author

      Not even Rs.1 exchanged hands with HDFC till date.

      But I get it, you assume so because the site is flooded with HDFC and Amex articles.
      It’s because they’re the only ones giving huge rewards to cardholders.

      Reply
      1. Ajai Singh

        Nice that you let the above comment be published and responded in kind but there are certain cards that you need to review like the RBL Signature+ Debit Card “1% Amazon Vouchers + 5Lac online spend gets you 5K Amazon Voucher” and several others. Take suggestions from your members they would know cards ups & downs for sure.

        Reply
        1. Siddharth Post author

          RBL Signature+ Debit Card – Nice one, didn’t explore this before.
          Any idea what brands are covered under the 5K voucher benefit?
          That aside, 0% markup fee & 2% returns upto 5L spend looks pretty good.

          Have any more cards to be covered? Pls list them.

          Reply
          1. AAJ

            Hi Sid,
            Pls. consider DB Signature and Infinite cards, they give out sweet 1.5% and 2% respectively up to 2500 per month which is roughly a return on 4L FD πŸ™‚
            While they give 20% on Big Basket every month, recently they have Shop-a-haul to get up to 12k Amazon vouchers for 5L spend across Jun-Sep which adds returns to 5.5K a month apart from other monthly spend offers which they came up recently.

          2. Siddharth Post author

            Yeah good ones.

            But Signature/Infinte seems to ask 10L/1Cr NRV even for small cities.
            Meaning, are they strict about the eligibility criteria?

            And Shop-a-haul offer – isn’t it targeted?

          3. AAJ

            Other means Sid πŸ™‚
            deutschebank allows through Insurance 3L+4L deposit for Signature.
            Infinite they insist on 50L, their 5 yr FD is comparatively good at 6.25% (definitely not near SFBs with 7%).

          4. Siddharth Post author

            Okie cool. Btw, the Shop-a-haul offer repeats every year?

          5. AAJ

            Shop-a-haul could be targeted like you asked, as SMS/email says if you have received it.
            Link: deutschebank.co.in/debit-card-spend.html
            Unsure Sid, about its recurrence.

        2. Amar

          Does this debit card give cashback on Cred or mobikwik credit card payments too?

          Reply
          1. AAJ

            Fortunately yes for now, i even tried Paytm, seems to be getting it – with they asking for up to 4.65% charges for adding to wallet, this becomes better as adding through DC is free. For some offers they don’t consider cc payments.

          2. Amrish

            I couldn’t find debut card option on cred for payment. It shows only upi or netbanking. Is there a way to use debit card on cred?

          3. Shikhar Makkar

            Are you able to use debit cards on cred? I thought that was removed long back. How are you doing it if you are able to do so?

          4. Amar

            Yes – Cred allows Debit card for payments above 1 lac

    2. Gautam

      This is ridiculous.

      This site keps us updated on various cards and shares valuable information and you are attributing motives.

      I have not found any reviews biased, so does it matter if the the author gets paid by HDFC or any other bank?

      If you cannot make positive contribution don’t contribute.

      Reply
      1. Neo

        +1.
        and to be honest, reviewing HDFC & Amex is natural since they are among the top card issuers in the country.
        The blog is top notch & I request Sid to ignore these side comments .
        You are doing a fabulous job, my friend.

        Reply
  12. Amar

    Wow – Thanks AAJ.
    Deutsche too gives the cashback on Cred and Mobikwik credit card payments?
    So to clarify, Signature variant is available for about 7L deposit, while 50L deposit required for Infinite?

    Reply
    1. AAJ

      Hi Amar, it’s 3L insurance premium and 4L deposit or 30L savings/FD for Signature and 50L for Infinite

      Reply
      1. Amar

        Opened a DB Select account today in Mumbai – they asked me for 3L insurance +1L Savings account balance only.
        Bargained hard for Infinity with similar proposition but they didn’t budge.

        Also opened an RBL account with Signature+ debit card for wife and me.
        Fingers crossed that credit card payments on Cred and Mobikwik through these cards yield me the cashback.

        Thanks AAJ for the insights.

        Reply
        1. AAJ

          Cool Amar 😊 so far I’ve received I can say for MobiKwik and possibly Paytm add to wallet as it’s free for DC – can’t differentiate as there is no breakup available. There is some quarterly spend benefit and current shop a haul just ask if you are eligible too, you can get up to 12k Amazon vouchers on 5L spend I guess. Good luck πŸ‘ sharing is caring
          Pls update if you manage to get Infinity with some other means and not plain 50L, ty

          Reply
          1. Amar

            Hi AAJ,

            When do the cashback and points post for RBL Signature+ and DB Signature cards respectively?

            Almost nearing a month for me and haven’t received anything on either.

          2. AAJ

            Hi Amar, customer care mentioned they do update between 10-15th each month and I’ve mostly seen by end of 13th. I had same anxiety first two months 😊

        2. Amrish

          Hi Amar, help me understand this. You are paying an insurance premium of 3 lacs a year to open the DB account, which will give you a cashback of 2500 a month? Isn’t that a bit much just for the cashback. Am I missing something, or were you anyway planning to purchase the insurance policy and the account benefits are an additional bonus.

          Reply
          1. Amar

            Hi Amrish
            Firstly, it’s not 3 lacs a year requirement but even one-time payment of 3 lacs insurance premium is ok with them.
            Secondly, there are now several low cost insurance products available in the market which are actually investment plans such as new age ULIP policies and guaranteed return products. I have anyways been investing in these products; hence it was just a redirection of the spend through DB.
            Best part was I asked DB to allow me to pay for the insurance premium on credit card and they allowed it. Used StanC Ultimate card to get back 3.33% of the premium amount (points already posted to my account).

            Lastly, the benefit on DB Select account is not just 2.5k a month. This apart there is a welcome offer of 16% cashback, shop a haul offer and some others.
            Overall, it seems a well directed spend for me.

          1. Amar

            Haven’t transacted on Cred yet.
            Used on Mobikwik and Paytm and awaiting the cashback.
            Even the joining vouchers are yet to be sent.
            I am assuming it happens by end of 30 days as per T&C.

            For DB Signature card too, no reward points reflecting on site yet. Again assuming it will reflect upon month end.

  13. Manjunath

    HDFC cards are back. Ban lifted and rules eased from RBI for NTB customers. Let’s wait & watch for new updates on upcoming cards from HDFC.

    Reply
  14. Rahul

    Infinia card bills now have more ads. HDFC says it rewards you in a way no card can!!

    True largely. Nice to see HdFC get card issuing permission again. They should launch new products soon!

    Reply
  15. Gkcards

    These cashbacks lure you to apply for platinum charge card, but then not sure will these caskbacks be there next year when corona ends hopefully and travel starts as I don’t travel that much. These cashbacks will almost cover annual fees I guess. Amex service is top notch, they gave small shop cashback even for those transactions where shops even though listed under small shop offer but refused to take amex.

    Reply
    1. MT

      You are probably correct, amex will only give these cashbacks till the pandemic remains … but the plat charge was majorly for luxury benfits and not cashbacks particularly , so if you are bot going to use luxury travel benefits , no point applying for the card regardless of the service they give

      Reply
  16. Mahadev

    @Shikhar and Amrish.

    CRED gives option for Debit card for payments β‚Ή1,00,000 and above.

    Reply
  17. Ajai Singh

    Got the cash back of 30k for buy in Croma. Had bought a fridge with a free toaster πŸ˜› the cashback came in 3 days.

    Reply
  18. Rags

    What are the offers Amex usually give on Metal charge card, during normal times?

    Is any one using the card for more than 3 years ?

    Reply
    1. Rahul Singh

      The offers we are seeing right now are surely unprecedented. It was not like this earlier. We use to see high end concert and holiday discounts, more value on points on redemption (1.5X Marriott points instead of 1 which is regular) and similar stuff. What remains constant is the Hotel Premium membership and similar benefits, hence the card is choice card for frequent travellers and specially among those who often travel abroad.

      Reply
      1. MT

        My feeling is the marketing budget (money spent on buying those points in bulk and dolling it out to customers is now being put into cashback and other schemes

        Reply
  19. Gkcards

    Amex has some discounts at Sakra Hospital Bangalore. I didn’t know, but when I gave card, they gave discount. Not a place where u would want to go, i mean any hospital, but still…

    Offer-

    10% discount on OPD consultation.
    10% discount on IPD billing. (excluding Drugs, consummables, pharmacy.)
    15% discount on Lab & Radiology tests.
    20% discount on Health check-up (Applicable on all health check-up packages.)
    Hospital assistance through Customer relationship manager at the time of the visit for Priority appointment.
    Complimentary upgrade to Deluxe room or Suite. (Subject to availability)

    Reply
    1. Siddharth Post author

      “Complimentary upgrade to Deluxe room or Suite. (Subject to availability)”
      – These days hospitals feel like hotels πŸ˜€

      Reply

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