Pritam Nath

Software Engineer👨‍💻 | Swing & Positional Trader 📈
Personal Finance 💳 | Rewards & Travel ✈️
Learning, applying & sharing insights💡

[Pritam Nath @nathpritam00]

Personal Finance Checklist for People in Your 20s ✅

You don’t need to earn ₹1 lakh/month to build wealth.

You need the right financial foundations.

Here’s a simple checklist every 20-something should aim to complete👇

[Pritam Nath @nathpritam00]

@imYadav31 Planning to transfer all to Marriott only.. But also considering Virgin for my upcoming trip to Japan (ANA via Virigin) somewhere around early 2028..

What do you suggest bhai? Currently holding only MRCC, major chunks of points from Plat Travel & GC.

[Vineeth K @DealsDhamaka]

A few final thoughts on the AMEX fiasco!

Dozens of people reached out through comments and messages sharing their experiences. I share the frustration and pain many of you are going through.

What is happening with American Express India is an absolute mess. The more I hear from affected cardholders, the more ridiculous it gets!

- People who cancelled or upgraded their cards have had their Membership Rewards points clawed back, sometimes years after the card was closed.
- Lakhs of points have been deducted, including from customers who had already redeemed or transferred their points. Many accounts are now showing NEGATIVE balances!
- Even people who haven't cancelled or upgraded a card since 2023 are reporting deductions. So this isn't limited to recent cancellations or migrations.
- Customer care has been completely thrown under the bus. Executives are constantly apologizing, with some reportedly saying, "All of us are in the same situation." I genuinely feel for them. They're being asked to handle an issue they seem to have no clarity on themselves.
- My own experience was particularly frustrating. A customer care executive acknowledged that I had a valid case because I have screenshots of Amex explicitly agreeing that points could be transferred to an active card before cancellation.But when escalated to a manager, the response was completely different: Any points ever earned through a subsequently cancelled card are forfeited. How can customers be expected to follow rules when Amex's own representatives have provided contradictory guidance?

And the biggest issue?

Absolutely ZERO transparency.

No proper points statement. No card-wise breakup. No explanation of how the clawbacks were calculated. No clarity on why some accounts have gone negative.

Even customer care seems to have no idea what exactly happened. This is not just about reward points anymore. It's about trust, accountability and how a premium financial institution treats its customers.

People have spent crores on these cards, paid annual fees and made financial decisions based on the terms and assurances provided by Amex.

You cannot retrospectively deduct points accumulated over several years without providing customers with a clear reconciliation and a reasonable opportunity to dispute the deductions.

I hope Amex leadership takes this seriously, acknowledges the confusion and provides a transparent resolution.

A premium card is only as good as the trust behind it. And that trust has taken a serious hit.

@AmexIndia @AmexBusiness @AmericanExpress

[Vineeth K @DealsDhamaka]

🚨 My final thoughts on the American Express points reduction saga.

As a customer, I feel deeply betrayed. Not just by the decision, but by the way American Express handled it despite the trust customers placed in the brand and its own executives.

I personally spoke to Amex customer care after discovering the deduction. The conversation was recorded. What made matters worse was the representative acknowledging that even their own employees were apparently unaware of this interpretation/update at the time customers were closing their cards. So how were customers expected to know?

Four things stand out:

1. Lack of transparency

Points were always pooled into one central Membership Rewards account. There was no clear visibility of how many points were earned on each card or how many were redeemed against individual cards. Customers had no practical way of tracking card-wise balances.

2. Written assurances before cancellation

Several customers, including me, specifically checked with Amex before cancelling individual cards. We were assured that the accumulated points would remain intact and continue to be linked to the active card. Some of us have written confirmations and screen recordings of these conversations.

3. Millions of points wiped out

Customers who had accumulated points over years for family holidays and future travel have suddenly lost 6 lakh, 10 lakh, even 20 lakh points. These weren’t promotional freebies. They were earned through actual spending and years of loyalty.

4. Absurd negative balances

Some customers who continued spending after closing their cards are now seeing negative MR balances, reportedly as high as 25 lakh points. How does Amex justify this when its own rewards programme offered no card-wise visibility?

Yes, there may be a clause requiring points to be redeemed within 30 days of card closure. But where was the transparency? How was a customer supposed to know the exact points at risk when everything was pooled? More importantly, how can written assurances from Amex representatives simply be disregarded?

The customer care experience makes this even worse. If the people representing the company themselves were unaware of the implications, how can customers be held entirely responsible?

American Express built its reputation on trust, premium service and transparency. This episode has seriously damaged that reputation.

We are not asking for free points. We are asking Amex to honour its commitments and take responsibility.

Request American Express to please look at this matter

[Pritam Nath @nathpritam00]

All the trust built over the years has been lost @AmexIndia

If the lost points aren’t reinstated, this will mark the end of my relationship with Amex. And even if they are reversed, the damage to the trust is already done. Amex has become just as unreliable as 🪓.

[Vineeth K @DealsDhamaka]

Had a call with Amex for 1.1 hour ‼️

Sent the proofs of the communication that the customer care confirmed my points has been moved to active MRCC

They are now coming up with reasons that yes the amex employee mentioned on the chat, but have not initiated in the system 🤣

Finally they also communicated that even if the points were moved to active card, since they were earned on cancelled card, still will be fortified

Even their customer care executives were caught by surprise. 370+ calls and they have no answers, they are just reading what’s said.

[Manish Sharma @lucifer_x007]

even if you're earning 3L per month post-tax, you might still not feel rich. and the reason isn't your salary.

when someone from a middle-class family starts earning 3L a month, a huge part of that money goes into bringing their entire family out of the middle class.

rent, parents' medicines, siblings' education and careers, family responsibilities. and somewhere in between, you rarely get to spend on yourself.

a person earning 3L isn't always living the same life as another person earning 3L.

for some, that 3L is just for them. for you, it might be for five people.

they had a head start. you are building one for your entire family.

you're not just earning a salary. you're pulling your family out of a negative head start, one year at a time.

the first generation spends their entire life building what the next generation gets to enjoy.

so don't be too hard on yourself. don't feel like you're falling behind just because you can't afford the same life as someone earning what you earn.

there's something beautiful about being the person your family looks up to. the person they rely on. the person who makes things possible for everyone else.

yes, it's exhausting. yes, sometimes you'll wonder when it's finally going to be your turn.

but remember, you're building a life where your next generation won't have to start where you did.

work hard, take care of yourself along the way, and build a better starting point for the people who come after you.

good luck. ❤️

[Darvas Box Trader @darvasboxtrader]

Anyone around you who is interested in and investing in #Largecaps or the Nifty Index, while the majority are chasing #Smallcaps...

Give them respect.

It may look like you are more #knowledgeable than them,
but they may be far more #intelligent than you.

They understand the balance between #Risk, #Valuations and #Patience.

Not everyone can do that.

#DARVAS🥸

[Darvas Box Trader @darvasboxtrader]

Once my #mentor told me.

"Decide you want to earn quick or you want to earn for long."

You can make people fool once and make quick money but sooner or later they will realize it..

But if you spend years building trust, people don’t just buy from you once , they stay with you.

Choose wisely what you want to build.

A transaction… or a legacy..✍️

#DARVAS🥸

[Pritam Nath @nathpritam00]

@Ravisutanjani @india_plus_ @imYadav31 🤣🤣🤣

[Pritam Nath @nathpritam00]

@varungupta_18 @DealsDhamaka How much does it cost per day on average?

[Pritam Nath @nathpritam00]

@DealsDhamaka Vineeth Ji, pls share some trusted rental agency you have shortlisted or used.. Also, would you suggest going for basic package or all inclusive package as the price difference is almost double?

[Pritam Nath @nathpritam00]

@Manoj_khetan Eagerly waiting dada 🙏🙌🏻

[Pritam Nath @nathpritam00]

@Manoj_khetan @surenderoati Congratulations Dada 🎉 🔥

[Darvas Box Trader @darvasboxtrader]

🚀 It’s time to make the Stock Screening process SIMPLE.

A small step towards making your Stock Market journey simpler, faster & more efficient.

I’m excited to announce the launch of our Stock & Sector Analysis Scanners , now available for everyone!

No more spending hours on deep research. ✍️
No need to go through 100s of charts. ✍️

👉 Just a few clicks to identify:

• Where the Smart Money is flowing
• Which Sectors are showing strength
• Which Stocks deserve your attention..

https://t.co/QylLeNlfSm

Guys, explore it. Hope you’ll love it! ❤️

#DARVAS 🥸

[Pritam Nath @nathpritam00]

@DealsDhamaka Vineeth Ji, I have dropped you a DM regarding your Mauritius trip.. If you get time kindly revert that will be really helpful.. Thanks

[Pritam Nath @nathpritam00]

@DealsDhamaka Thanks.. Also, if you can please share of car rental through which you rented the car and estimated cost.

[Pritam Nath @nathpritam00]

@ccg33k @GoldDealsIndia Is the welcome benefits applicable if I upgrade from hsbc plat card to live plus via cc?

[Pritam Nath @nathpritam00]

@AbhiChtrj Pls share

[Pritam Nath @nathpritam00]

@suritalreja @asksuranaji Don’t miss Athirapally Waterfall.. You can also add Munroe Island (Beautiful place for Kayaking/Boating through Mangroves) and Kovalam (Beach + Aazhimala Shiva Temple).. If you are planning to book houseboat cruises Munroe is also good option along with Alleppey

[Darvas Box Trader @darvasboxtrader]

Na yeh Bull Market hain na yeh Bear Market hain..

Yeh ek no. ka Ch**** market hain !!

#DARVAS🥸