Best value credit card

[drsel]

Which are the best value for money credit cards of these banks?
I shall regularly update this list based on all your inputs

ICICI . 1) Amazon 2) Emeralde Private 3) Sapphiro
RBL . 1) Debit card 2) World Safari
Yes 1) Marquee 2) Reserve 3x/5x
PNB. 1) Rupay Select
Canbank 1) Rupay Select DC
BOB. 1) Eterna 2) Snapdeal
HDFC 1) Infinia 2) DCB Metal
Axis. 1) Magnus Burgundy 2) Atlas
SBI . 1) Cashback 2) Octane
AU. 1) Lit 2) Ixigo
Federal. 1) Celesta 2) Scapia 3) Amplifi
Kotak 1) Feast 2) White signature LTF
HSBC. 1) Cashback 2) Platinum
Stanchart 1) EaseMyTrip 2) Titanium LTF 3) Ultimate

 

[hs23new]

Federal 1) Celesta 2) Scapia

whats special about celesta card? Better to avoid. Get Federal one card for 1% reward and low 1.18% forex rate if scapia not available.

 

[drsel]

whats special about celesta card? Better to avoid. Get Federal one card for 1% reward and low 1.18% forex rate if scapia not available.

Nothing special, except that it is lifetime free with 4 free international lounge access by swiping the Celesta card itself for Rs.2.
No priority pass required.

 

[drsel]

Why Marquee not worth it?

Yes Bank points worth less than 10 paisa.
see the conversion ratio for Amazon pay, which itself is available at 5% discount or more

 

[hs23new]

Yes Bank points worth less than 10 paisa.
see the conversion ratio for Amazon pay, which itself is available at 5% discount or more

Its 25p if you redeem for flights.

 

[hs23new]

Which are the best value for money credit cards of these banks?
I shall regularly update this list based on all your inputs

ICICI 1) Amazon 2) Emeralde Private Metal
RBL 1) Debit card 2) World Safari
Yes 1) Marquee (not worth) 2) FE with subscription
PNB 1) Rupay Select
Canbank 1) Rupay Select DC
BOB 1) Eterna 2) Snapdeal
HDFC 1) Infinia 2) DCB Metal
Axis 1) Magnus Burgundy 2) Atlas
SBI 1) Cashback 2) Octane
AU 1) Lit
Federal 1) Celesta 2) Scapia

hi Can you also mention the reward rates for these cards. It will be helpful.

 

[drsel]

hi Can you also mention the reward rates for these cards. It will be helpful.

Actually none of these cards are the best cards to have.
I just wanted information about the best value card of each of these specific banks which I have not yet studied.
Hence I started this thread.

To find out which are the best cards worth having, see the post below 👇

 

[moneynerd]

Which are the best value for money credit cards of these banks?
I shall regularly update this list based on all your inputs

ICICI 1) Amazon 2) Emeralde Private Metal
RBL 1) Debit card 2) World Safari
Yes 1) Marquee (not worth) 2) FE with subscription
PNB 1) Rupay Select
Canbank 1) Rupay Select DC
BOB 1) Eterna 2) Snapdeal
HDFC 1) Infinia 2) DCB Metal
Axis 1) Magnus Burgundy 2) Atlas
SBI 1) Cashback 2) Octane
AU 1) Lit
Federal 1) Celesta 2) Scapia

ICICI sapphiro is good because they pffer good credit limits and the card has offers on brands and ecom websites too
Axis ace is great for cashback s on utilities
Another federal card i recently heard of was amplifi - also comes with zero forex on international travel and lounge access + great welcome vouchers on top brands (legit good ones and not unheard of ones)

 

[hs23new]

Which card to use and where? (29 Dec 2023)
This analysis of 'return on spends' is after deducting annual fees and also considering the welcome benefits--

1. Axis Magnus Burgundy (LTF) for offline, rent< 50k, online (except fuel, rent >50k, insurance, Govt, utilities, wallet, EMI, withdrawals) 4.80% upto 1.5 lacs/month, 14.00% above 1.5 lacs/month)

2. Axis Magnus Burgundy (LTF) for flights on Traveledge 24%, less 10% markup usually.

3. HDFC Infinia (2250) for flights on SmartBuy approx.13.50% (since points can be used for only 70% of airfare).

4. Axis Atlas (better than free) for offline & online (except fuel, rent, insurance, wallet) 4.00/5.33/6.00/6.33% based on target spends <3lacs/3 lacs/7.5 lacs/15 lacs per card anniversary year.

5. Axis Atlas for direct hotel and direct flights 10.00/11.33/12.00/12.33% based on target spends <3lacs/3 lacs/7.5 lacs/15 lacs per card anniversary year.

6. HDFC Tata infinity (LTF) for UPI 1.50% (1 on 34)

7. Amex MRCC (FY free, then 885) 1500 X 4 for Amazon GV 1st yr. 7.29%, 2nd yr onwards 5.70%

8. Amex Plat Travel (FY free, then 5900) for insurance, govt, Amazon GV 1st yr 6.3%, 2nd yr onwards 4.82% on 4 lacs, offline difficult.

9. SBI cashback (1179) for online 5% (upto 5000/month).

10. Any Kotak/PNB/Federal/Canbank card (----) for 25--35% discount (upto 5000/7500/10000 per booking, per card) on hotels on Cleartrip.

11. Axis Airtel (590) for
25% on Airtel (max. 300 on 1200)
10% on utility bills (max. 300 on 3000)
10% on Swiggy, Zomato (max. 500 on 5000)

12. HDFC Diners club black (only if LTF) for rent 2.87%

13. HDFC Diners club black Metal (if 1st yr free) for rent 5.37% (assuming 4L spends per quarter).

14. HDFC Diners club black Metal (11800) for rent 2.42% (assuming 4L spends per quarter)

15. Axis Magnus Burgundy for Gyftr, Grabdeals (2x/3x/5x) 9.60/14.40/24.00%

Please like if you appreciate my advice, thank you 🙏

HSBC Cashback is missing in the list. 10% cashback on all dining, food delivery and grocery spends upto 1K per month. Unlimited 1.5% cashback on all others spends.

 

[drsel]

HSBC Cashback is missing in the list. 10% cashback on all dining, food delivery and grocery spends upto 1K per month. Unlimited 1.5% cashback on all others spends.

Over 45% discount on dining using EazyDiner double discount.
10% discount upto 500/5000 on Zomato and Swiggy with Airtel card.
20% discount 500/2500 on big basket using IndusInd exclusive debit card.

 

[hs23new]

Which card to use and where? (29 Dec 2023)
This analysis of 'return on spends' is after deducting annual fees and also considering the welcome benefits--

1. Axis Magnus Burgundy (LTF) for offline, rent< 50k, online (except fuel, rent >50k, insurance, Govt, utilities, wallet, EMI, withdrawals) 4.80% upto 1.5 lacs/month, 14.00% above 1.5 lacs/month)

2. Axis Magnus Burgundy (LTF) for flights on Traveledge 24%, less 10% markup usually.

3. HDFC Infinia (2250) for flights on SmartBuy approx.13.50% (since points can be used for only 70% of airfare).

4. Axis Atlas (better than free) for offline & online (except fuel, rent, insurance, wallet) 4.00/5.33/6.00/6.33% based on target spends <3lacs/3 lacs/7.5 lacs/15 lacs per card anniversary year.

5. Axis Atlas for direct hotel and direct flights 10.00/11.33/12.00/12.33% based on target spends <3lacs/3 lacs/7.5 lacs/15 lacs per card anniversary year.

6. HDFC Tata infinity (LTF) for UPI 1.50% (1 on 34)

7. Amex MRCC (FY free, then 885) 1500 X 4 for Amazon GV 1st yr. 7.29%, 2nd yr onwards 5.70%

8. Amex Plat Travel (FY free, then 5900) for insurance, govt, Amazon GV 1st yr 6.3%, 2nd yr onwards 4.82% on 4 lacs, offline difficult.

9. SBI cashback (1179) for online 5% (upto 5000/month).

10. Any Kotak/PNB/Federal/Canbank card (----) for 25--35% discount (upto 5000/7500/10000 per booking, per card) on hotels on Cleartrip.

11. Axis Airtel (590) for
25% on Airtel (max. 300 on 1200)
10% on utility bills (max. 300 on 3000)
10% on Swiggy, Zomato (max. 500 on 5000)

12. HDFC Diners club black (only if LTF) for rent 2.87%

13. HDFC Diners club black Metal (if 1st yr free) for rent 5.37% (assuming 4L spends per quarter).

14. HDFC Diners club black Metal (11800) for rent 2.42% (assuming 4L spends per quarter)

15. Axis Magnus Burgundy for Gyftr, Grabdeals (2x/3x/5x) 9.60/14.40/24.00%

Please like if you appreciate my advice, thank you 🙏

Yes Bank reserve with 3X subscription is missing. 4% net return on forex online spends and 2.5% net return forex offline spends.

 

[drsel]

Yes Bank reserve with 3X subscription is missing. 4% net return on forex online spends and 2.5% net return forex offline spends.

Yes Marquee card is better.

 

[hs23new]

Over 45% discount on dining using EazyDiner double discount.
10% discount upto 500/5000 on Zomato and Swiggy with Airtel card.
20% discount 500/2500 on big basket using IndusInd exclusive debit card.

Easy diner doesnt work in hill stations. HSBC 10% is useful in hill stations and small towns.

Airtel card is useful for 5k / month spends. HSBC will be useful for additional 10K / spends. Good if you spend 15k on grocery. Cashback makes it better then HDFC Swiggy card.

Indusind debit card is good.

 

[hs23new]

You have to factor in 59000 joining fee and annual fee.
Yes Marquee card is better.

Joining and annual fee is 1999 + gst. Joining fee waiver on 40k spends and annual fee waiver on 3L spends.

 

[drsel]

Joining and annual fee is 1999 + gst. Joining fee waiver on 40k spends and annual fee waiver on 3L spends.

2359 joining fee
3% return for online
1.5% return for offline
2.065% forex markup .

It's no big deal and not worth having

Yes Bank First Exclusive/RESERV Credit Card. Apply Online

The Yes Bank First Exclusive/RESERV Credit Card is the most premium credit card by Yes Bank. Check out the features, rewards, and benefits and Apply now!

cardinsider.com

 

[hs23new]

2359 joining fee
3% return for online
1.5% return for offline
2.065% forex markup .

It's no big deal and not worth having

Yes Bank First Exclusive/RESERV Credit Card. Apply Online

The Yes Bank First Exclusive/RESERV Credit Card is the most premium credit card by Yes Bank. Check out the features, rewards, and benefits and Apply now!

cardinsider.com

With 5X subscription for 5900 per year, you get 9% / 7.5% online / offline return on travel, dining, fashion, and healthcare.
10L spends = 90K

Best card for international travel, dining and shopping as you get 7%/ 5.5% net return.

 

[hs23new]

Which are the best value for money credit cards of these banks?
I shall regularly update this list based on all your inputs

ICICI 1) Amazon 2) Emeralde Private 3) Sapphiro
RBL 1) Debit card 2) World Safari
Yes 1) Marquee (not worth) 2) FE with subscription
PNB 1) Rupay Select
Canbank 1) Rupay Select DC
BOB 1) Eterna 2) Snapdeal
HDFC 1) Infinia 2) DCB Metal
Axis 1) Magnus Burgundy 2) Atlas
SBI 1) Cashback 2) Octane
AU 1) Lit
Federal 1) Celesta 2) Scapia 3) Amplifi

Amplify is not zero forex.

0% forex is only on US Dollar and not on any other currency. 1% forex premium will be charged on other currency. It is hidden in deep terms and conditions.

 

[SSV]

1. Where the joining benefits are far more than the joining fees paid.
2. The returns on spends are the highest (at least 5% after deducting joining fees and other fees / charges)

Why this obsession about joining fee and / or renewal fee??
What happens when you don’t recover your joining fee but get excellent rewards on spends.. will this card becomes useless card just because it doesn’t recover JF???

Cards always need to be valued long term not based on JF recovery??
and moreover its the combination of cards in your CC portfolio that suits your spending habits that actually counts..
Again you may need to fine tune this combination as time passes to accommodate any changes in spending pattern and / or devaluation …

 

[drsel]

With 5X subscription for 5900 per year, you get 9% / 7.5% online / offline return on travel, dining, fashion, and healthcare.
10L spends = 90K

Best card for international travel, dining and shopping as you get 7%/ 5.5% net return.

On Yes Reserve card you can choose either Plan A or Plan B, not both.
Which would be the better option?

PLAN A
If you choose 3x for 4130/year, get--
Domestic online 9%
Foreign online 7%
Domestic offline 4.5%
Foreign offline/POS 2.5%
on ALL spends.
Are there any exclusions like rent, fuel, insurance, utilities, wallet load, Government, education, etc?
What is the maximum point capping?

PLAN B
If you choose 5x for 5900/year, get
Domestic online 15%
Foreign online 13%
Domestic offline 7.5%
Foreign offline/POS 5.5%
ONLY on travel dining fashion and healthcare
Again what is the maximum point capping?

https://www.yesbank.in/credit-card-services/rewards-subscription-plan

 

[techt]

Why this obsession about joining fee and / or renewal fee??
What happens when you don’t recover your joining fee but get excellent rewards on spends.. will this card becomes useless card just because it doesn’t recover JF???

Cards always need to be valued long term not based on JF recovery??
and moreover its the combination of cards in your CC portfolio that suits your spending habits that actually counts..
Again you may need to fine tune this combination as time passes to accommodate any changes in spending pattern …

Many of us have more than 4 cards and it makes sense to keep an eye on joining fee. For example I have SBI CB CC and ACE. If I have met the threshold of JF on one card I would move my utility spends to the other card.

 

[hs23new]

Au zenith plus is good card forex spends and meet and greet

On Yes Reserve card you can choose either Plan A or Plan B, not both.
Which would be the better option?

PLAN A
If you choose 3x for 4130/year, get--
Domestic online 9%
Foreign online 7%
Domestic offline 4.5%
Foreign offline/POS 2.5%
on ALL spends.
Are there any exclusions like rent, fuel, insurance, utilities, wallet load, Government, education, etc?
What is the maximum point capping?

PLAN B
If you choose 5x for 5900/year, get
Domestic online 15%
Foreign online 13%
Domestic offline 7.5%
Foreign offline/POS 5.5%
ONLY on travel dining fashion and healthcare
Again what is the maximum point capping?

https://www.yesbank.in/credit-card-services/rewards-subscription-plan

PLAN A
If you choose 3x for 4130/year, get--
Domestic online 6%
Foreign online 4%
Domestic offline 4.5%
Foreign offline/POS 2.5%
on ALL spends.
Are there any exclusions like rent, fuel, insurance, utilities, wallet load, Government, education, etc? YES 2.5 % ON THESE

What is the maximum point capping?
36000 BASE + 75000 ACCELERATED.

PLAN B
If you choose 5x for 5900/year, get
Domestic online 9%
Foreign online 7%
Domestic offline 7.5%
Foreign offline/POS 5.5%

What is the maximum point capping?
36000 BASE + 75000 ACCELERATED.