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Aug 10 9 tweets 5 min read Read on X
How we got 25+% rewards on GOLD and Diamond Jewelry Purchases every year?? 💎🪙

But did we?

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Buying gold using credit cards is great, but how did we maximize the reward value ! 👇 Works for Kalyan, Joyalukkas, Malabar, Reliance Jewels, GRT, Josalukkas, Tanishq and more..Image
From 2023, we stopped buying GOLD & Jewelry directly with cash or debit cards

The 2 approaches we followed:

Approach 1 : Buying gold coins & pendants online at discount
Approach 2 : Buying Gift vouchers to maximize the returns. There are double, triple offers you can apply
Used to purchase gold coins & pendants online at discount aggressively for 2020-2024 period.

All the accumulated gold coins can be exchanged at Today's market Price at most of the jeweler.

P.S. We buy only 24KT gold coins/pendants (995 & 999 purity). We are not buying aggressively in 2025 as the GOLD price is very high and we don't have any immediate spendsImage
Approach 2: MULTI-DIP STRATEGY IN ACTION

SAME STRATEGY IN 2023 & 2024

How we got ₹100,000+ reward back on a ₹4L Gold Purchase

Bought Shopping Vouchers using Axis Magnus Burgundy (during AEP month)
- Amazon Pay
- Amazon Shopping Voucher
- Reliance Jewels

AEP month post 1.5L = 35ER/₹200
70,000 ER points = 56,000 Accor Points
56,000 Accor Points = ~₹1,10,000 Accor Stays

That's a SOLID ~25% Reward ValueImage
Some Salient Items for additional dips

- Why Amazon Pay/Shopping vouchers?

Used Amazon GVs to purchase Reliance Jewels GVs on Amazon → extra 2% discount

Amazon Pay vouchers have a monthly and quarterly limit, hence added Shopping vouchers to purchase Reliance Jewels vouchers.

Also,
- The jewelry store was in Phoenix mall. Uploaded bill on Phoenix Mall app → received ₹5,000 in food GVs
- Claimed 0.5% Reliance One points redeemable at Jio, Trends, etcImage
Which all cards give such value ?

High Reward Earning Cards - AXIS MAGNUS BURGUNDY, ICICI EPM, TB via. iSHOP, HDFC Infinia & DCMB via. SmartBuy

Decent CB & Milestone Rewards - SBI Cashback, Amex Plat Travel etc.
But did we really save 25% ? NO

We got 25% worth Accor Stays, which we might use of not in the future at the same value. The reason I say this is, we have accumulated Lakhs of points using these strategies, but the Accor Point / Credit Card point value might or might not stay the same till we redeem
Is this strategy only applicable on Reliance? NO !
So which all jewelers and where to buy?

Reliance Jewels (Only Amazon Pay) - amzn.to/3HuYkNE

Kalyan GOLD (FLAT 3% off - Only Amazon Pay) - amzn.to/4loTzn1

Joyalukkas Gold (FLAT 3% off - Only Amazon Pay) - amazon.in/dp/B0DRP6Q2ZJ/…

MALABAR Gold (Both Amazon Pay & Shopping) - amazon.in/dp/B0FCDP5YS8/…

Jos Alukkas - Gold Jewellery (Both Amazon Pay & Shopping) - amzn.to/40YTrmM

GRT Jewellers (Both Amazon Pay & Shopping) - amzn.to/4fu3DcV

TANISHQ (2% off coupon - Both Amazon Pay & Shopping) - amzn.to/4mhPYZe

Kalyan Diamond (FLAT 5% off - both Amazon Pay & Shopping) - amzn.to/4mz2XFn
🚨A few things to note

- Check for the store if they accept vouchers, in our case 100% of the stores did

- High value vouchers take some time (at times 12-24 hours), be prepared

- Don't buy gold for the rewards, get rewards for the planned purchases

- Any jewelery purchases have making charges, hence not considered as investment

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Here’s your Buying Guide 👇Image
What is an air fryer?

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Almost every user feels cheated in the water purifier space. If you're planning to buy a water purifier, read this before spending a rupee

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2. Water Wastage in RO Systems

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3. TDS Confusion: Most Buyers Don’t Know Their Water Quality

RO is only needed if TDS > 500 (like in borewell water). City/tap/municipal water with <300 TDS? RO is overkill. You're losing essential minerals and water.

➡️ Use a TDS meter (₹200-₹300) before buying anything. Most people skip this, and brands won't tell you either

Link for TDS meter - amzn.to/3HLAVHR
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