Completed the IDFC FIRST Bank ₹3,000 Amazon Pay voucher offer with a 3g gold purchase on Ajio.
The ₹2,000 IDFC offer brought my effective gold price down to ₹15,232/g.
Also, Ajio's gold price has still not fully reflected the recent ~4% rise in the US gold market, which makes this purchase even better.
IDFC offer + Ajio pricing + gold price increase = a good deal. 😄
Completed the IDFC FIRST Bank ₹3,000 Amazon Pay voucher offer with a 3g gold purchase on Ajio.
The ₹2,000 IDFC offer brought my effective gold price down to ₹15,232/g.
Also, Ajio's gold price has not fully reflected the ~4% rise in the US gold market, which makes this purchase even better.
There’s an ongoing AJIO instant payment discount ₹1,000 off on ₹3,000+ for IDFC Credit Cards.
I have registered for using the IDFC FIRST Bank spend offer — spend ₹60K in August and get a ₹3,000 Amazon Pay voucher.
For those accumulating 24K gold coins, combining these offers is another way to reduce the effective price. Just did a purchase using this strategy.
The 24K gold accumulated through different strategies on Ajio, Myntra, and Flipkart during June and July has finally started showing some green.
Thanks to this community for all the tips and stacking strategies! Long way to go.
Used Flipkart's additional 5% off (up to ₹5,000) along with ~4–4.5% discounted Flipkart Gift Vouchers purchased using the CRED IndusInd RuPay card (5% cashback).
Effective price: ₹13,688/g.
Used Flipkart's additional 5% off (up to ₹5,000) along with ~4–4.5% discounted Flipkart Gift Vouchers purchased using the CRED IndusInd RuPay card (5% cashback).
Effective price: ₹13,688/g.
Another 2g accumulated.
Used Flipkart's additional 5% off (up to ₹5,000) along with ~4–4.5% discounted Flipkart Gift Vouchers purchased using the CRED IndusInd RuPay card (5% cashback). Effective price: ₹13,688/g.
Not a great deal this time, but gold moved up today and I also wanted to complete a credit card milestone, so I went ahead with the purchase.
Final price: ₹14,998.63 (after discounts and 1000 instant Hsbc bank offer). With card rewards, my effective cost comes down a bit further.
Anyone else still buying despite the recent price increase?
Thanks to the mod team for reviewing this and allowing me to share it with the community. They requested that I include a tutorial on how the tool can benefit new users, so I have tried to cover that below.
Like many people in this community, I've been trying to maximize the value of my credit cards while buying 24K/22K gold coins, bars, and jewellery.
Some of the strategies many of us use are:
By combining:
the goal is to reduce the effective acquisition cost of gold.
Many members in this community have reported achieving 5%+ effective savings, and in some cases even close to 10%, depending on the card, platform, and ongoing offers.
After a few purchases, spreadsheets stopped being enough.
I wanted answers to questions like:
So I built Gramfolio.
Whenever you buy gold or jewellery, simply add:
It also supports gold jewellery purchases, so you can track your complete gold portfolio in one place instead of maintaining spreadsheets.
Suppose you buy a 10g gold coin from Ajio for ₹1,00,000.
You receive:
Your effective acquisition cost is no longer ₹1,00,000.
Instead of manually tracking everything in Excel, Gramfolio keeps all these purchases together and automatically shows:
The app does not store sensitive personal information such as:
Currently, login uses only your email address. I'm already working on moving to a user ID instead.
There's a Demo Account available directly on the sign-in page, so you can explore the app without creating an account.
I originally built it for myself after getting tired of maintaining spreadsheets, but since a few people have already found it useful, I thought I'd share it with the community.
Posted about this buy a few days ago. The cashback just credited ₹1,500 from HDFC Swiggy Orange (5% capped) for the Ajio 3g Kalyan 999 bar.
Effective cost is now ₹41,982 (₹13,994/g) after the Ajio instant discount + cashback both stacking.
Bought a 3g Kalyan 999 bar on Ajio yesterday. The ₹1,500 instant payment discount brought the effective cost down to ₹41,982 (₹13,994/g) which felt like a decent entry point given current rates.
Paid with HDFC Swiggy Orange card for 5% cashback (capped at ₹1,500);the position flips from a small -0.2% to a solid +3.4% gain purely on day-one numbers.
Anyone else tracking Ajio for gold deals?
In the Ongoing Flipkart Sale got this with effective price of 13,312/-
Been buying gold coins for a while and tried different approaches — cashback cards, reward points, and gift vouchers. Wanted to share what worked best for me and hear if others have cracked a better method?
For me, Gift vouchers gave the best effective price per gram.
Anyone found something better? Coin-specific offers, platform cashback stacking, anything? Would love to know if there's a smarter way I'm missing.
Credit card rewards can dramatically reduce your effective acquisition cost.
My portfolio today:
Purchase price P/L: -₹34,364
Effective P/L after rewards: -₹6,293
Rewards offset: ₹28,071
The market hasn't recovered yet, but the rewards have already done a lot of the heavy lifting.
How much have rewards reduced your effective gold cost?
Credit card rewards can dramatically reduce your effective acquisition cost.
My portfolio today:
The market hasn't recovered yet, but the rewards have already done a lot of the heavy lifting.
How much have rewards reduced your effective gold cost?
Has anyone experienced this with the HDFC Swiggy Credit Card?
I placed a ₹14,706 order on Myntra using my HDFC Swiggy Credit Card. Since I had already reached my monthly cashback limit, I received only ₹2.58 cashback for this transaction.
Later, I canceled the order, so I expected HDFC to reverse the ₹2.58 cashback that had actually been credited.
Instead, HDFC reversed ₹735.30, which is roughly the full 5% cashback on the transaction—even though I never received that amount in the first place.
I raised a complaint, and they created a case but marked it as resolved without any explanation.
When I called customer support again, I had to explain the issue from scratch. After keeping me on hold for around 15 minutes, the executive came back and said, "Only Swiggy transactions are eligible for 5% cashback." That response was surprising because the HDFC Swiggy Card clearly offers 5% cashback on Myntra as well.
Has anyone else faced a similar issue where the cashback reversal exceeded the cashback actually credited? Did HDFC eventually correct it, or did you have to escalate it?
I bought this 10g Bhima gold bar in the last Blink deal using my HSBC TravelOne card. My effective price after rewards was around ₹1,37,385. Do you think it was a good deal, or any order better strategy people having here?
Hey everyone,
A few months ago, I realized I had no idea what my actual gold cost was. I'd bought from MMTC, used vouchers from different sites, got CC cashback and reward points spread across three cards, and somehow had a spreadsheet mess that made zero sense.
So I built Gramfolio — a tool to track every purchase and see the true effective cost after all rewards, cashback, and discounts.
What it does:
- Log gold purchases with weight, price, date
- Track CC cashback (expected vs actually received)
- Track CC reward points earned (and when they get credited)
- Calculate gift vouchers/wallet credits as savings
- See your true effective cost after ALL deductions
Why I'm sharing it here:
You all taught me about optimizing gold purchases — best times to buy, which cards give best rewards, how to stack discounts. Gramfolio is my way of giving back a tool that actually calculates that optimization.
It's free, no ads, no paywalls. I built it because I was frustrated. Now I just want people to actually know what they paid for their gold.
Link: gramfolio.in
Would love to hear what features you'd want to see, or if you spot bugs. And if you find it useful, just share it with someone else buying gold.
Thanks for the community!
Note: My earlier post was removed by the moderators. I completely understand and am happy to follow the community rules. I've removed the demo credentials and signup details from this post to keep it discussion-focused. If it's okay with the moderators and there's interest, I'll share the read-only demo in the comments.
Disclaimer: Not a startup. No monetization, no ads, no data selling. Built this purely for myself, sharing to see if anyone here finds it useful.
I buy physical gold on AJIO, Myntra, Tanishq, etc. using cards like HSBC TravelOne, SBI Card, IndusInd CRED, and others. Each purchase has different cashback %, reward points, coupons, gift vouchers, and other rewards. By the time everything credits 45–90 days later, I had no clean way to answer:
"What did I actually pay per gram?"
I built this because I couldn't find a simple way to track physical gold purchases while accounting for delayed credit card rewards. My spreadsheet eventually became too difficult to maintain.
I'd genuinely love feedback from people in this community:
Happy to hear any suggestions, or ideas for improving it.
Disclaimer: Not a startup. No monetization, no ads, no data selling. Built this purely for myself, sharing to see if anyone here finds it useful.
The problem
I buy physical gold on Ajio, Myntra, Tanishq etc. using cards like HSBC TravelOne, PhonePe SBI, CRED IndusInd. Each purchase has different cashback %, reward points, coupons. By the time everything credits 45–90 days later I had no clean way to answer: what did I actually pay per gram?
What I built — GramFolio
Try the live demo
Log in with a read-only demo account right now:
Demo sessions are read-only, limited to 15 minutes, and rate limited.
Sessions last 15 minutes. Data is sample data only, no changes possible.
Want a real account?
DM me your email and I'll send an invite link. Invite-only for now — keeping it small to get real feedback before opening it up.
What's next (if there's interest)
Happy to hear if this is useful, what's missing, or if you'd just stick with a spreadsheet.