Effective Date: July 25, 2025
- New Convenience Fee: 1.5% + GST
- Old Fee: 0.75% + GST
- Applies To: Amazon Pay and Amazon Shopping gift vouchers
- Platform: Reward Multiplier
What’s the Impact?
Many cardholders have been using Amazon vouchers on Reward Multiplier to earn bonus Membership Rewards points while meeting spending targets. With this change, the cost of doing that has doubled.
Example:
- A ₹10,000 voucher will now carry a ₹150 + GST fee instead of ₹75 + GST.
For smaller spends, this might not feel too heavy, but for regular or high-value purchases, it reduces the net value of the points you earn.
What’s Still the Same?
- You will continue to earn bonus Membership Rewards points on these voucher purchases.
- Other voucher brands on Reward Multiplier are not affected by this fee hike at the moment.
This move makes a once-clever rewards strategy less appealing. While the bonus points are still there, the extra cost means it’s no longer as efficient, especially for larger voucher purchases. It’s worth reassessing whether buying vouchers through Reward Multiplier is still the best option, or if direct spends or other voucher categories offer better value.