• Hey there! Welcome to TFC! View fewer ads on the website just by signing up on TF Community.

Closed Credit Cards list so far

Andy1

TF Premier
VIP Lounge
Let's talk about all the credit cards which you have closed so far and also list reason for it.
I have closed
Icici Platinum- Poor Reward points
Axis Flipkart- list of exemptions
Axis Ace - devaluation
Yes Finbooster- never used
Yes Exclusive- Annual Fees
RBL ICON- pathetic reward system for a premium card
Axis Magnus- Reason well known
IDFC Select- upgraded to Wealth
 
Last edited:
Let's talk about all the credit cards which you have closed so far and also list reason for it.
I have closed
Icici Platinum- Poor Reward points
Axis Flipkart- list of exemption and already have ACE
Yes Finbooster- never used
Which card of ICICI did you take after closing platinum?
 
  • Like
Reactions: NCD
AXIS FLIPKART (Paid) - Closed, as I couldn't meet waiver criteria & Axis denied fee waiver/LTF
AXIS IOCL (LTF) - Closed, as even after 4 months and repeated follow-ups, they didn't give the welcome benefit.
CITI Rewards (Paid) - Closed, Didn't wanted to deal w/ AXIS post merger
SC Rewards (Paid) - Closed, Didn't activate but closed. Was mis-sell as LTF but was paid

Planned Closure
PNB Platinum - Their email statement are non-reliable. They failed to send statement twice and I missed payment. Its now Dormant, will soon be retired.
AMEX MRCC - Acceptance is really an issue. I struggle to complete 4*1500 transactions
SBI Cashback - De-valuation. May not be worth anymore (Have met waiver criteria this year, will keep another year)

and (may b) some dormant LTF cards which are never used and don't have much benefits either
 
AXIS FLIPKART (Paid) - Closed, as I couldn't meet waiver criteria & Axis denied fee waiver/LTF
AXIS IOCL (LTF) - Closed, as even after 4 months and repeated follow-ups, they didn't give the welcome benefit.
CITI Rewards (Paid) - Closed, Didn't wanted to deal w/ AXIS post merger
SC Rewards (Paid) - Closed, Didn't activate but closed. Was mis-sell as LTF but was paid

Planned Closure
PNB Platinum - Their email statement are non-reliable. They failed to send statement twice and I missed payment. Its now Dormant, will soon be retired.
AMEX MRCC - Acceptance is really an issue. I struggle to complete 4*1500 transactions
SBI Cashback - De-valuation. May not be worth anymore (Have met waiver criteria this year, will keep another year)

and (may b) some dormant LTF cards which are never used and don't have much benefits either
SBI CB is still good.
and for CITI , you should have waited till conversion, just to see if they offers anything good
 
Haven't closed any cards myself except for Flipkart axis which I did this month itself.

Icici Amex in 2008 was closed by bank cos I never used it. Always used the Platinum that too quite less.

Citibank closed by bank as i wasn't using it.
Standard charted closed by bank as i didn't even activate it for few months.

All these before 2010.

Now I mostly have card which are of some use.
 
SBI CB is still good.
and for CITI , you should have waited till conversion, just to see if they offers anything good
Yes, will continue SBI CB if I continue to meet waiver or my CB is at least 1180 per year 🙂
CITI (even earlier) was only used for bank offers but as waiver criteria was low; it was always met. Haven't missed it
 
CLOSED/UPGRADED:
  • Axis Select CC.
  • IndusInd Aura Edge to Legend.
  • AXIS Flipkart Visa FD.
  • ICICI Plat CC FD.
  • Swapped SBI Simply Save to SimplyClick.
  • Kotak League LTF to Kotak Mojo FYF.
THINKING TO CLOSE:
  • RBL SHOPRITE.
  • Kotak Mojo Visa Plat - If not converted or didn't Provide Upgrades.
  • AXIS Flipkart - if i got Axis Ace for Offline Spends or Devaluation in Fk 5% unlimited.
  • IDFC FIRST CLASSIC.
 
I got ICICI platinum in the basis of Amazon pay, both limit are shared. I am planning to close platinum if I get pre approved LTF Coral Rupay. Is it possible to close one card linked with another? I want only 2 card active in my ICICI account. One Amazon pay other is Coral Rupay
 
I got ICICI platinum in the basis of Amazon pay, both limit are shared. I am planning to close platinum if I get pre approved LTF Coral Rupay. Is it possible to close one card linked with another? I want only 2 card active in my ICICI account. One Amazon pay other is Coral Rupay
I think so, you can close the platinum once you got rupay...
May I know what is the reason for having only two CCs in ICICI
 
Yes
I got ICICI platinum in the basis of Amazon pay, both limit are shared. I am planning to close platinum if I get pre approved LTF Coral Rupay. Is it possible to close one card linked with another? I want only 2 card active in my ICICI account. One Amazon pay other is Coral Rupay
You can cancel platinum
 
Because only 2 cards from ICICI is enough for me. I have Amazon Pay which has a good reward rate for my Amazon shopping and always need one LTF card which covers all instant discounts from ICICI. My Amazon pay will be always active. And other core card will be upgraded if something higher is offered by ICICI in LTF basis. And older one will be closed. Like Platinum to Coral Ltf then platinum closed. If I get Coral to Sapphiro/Rubyx LTF then coral closed. It's my personal opinion.I don't have a good idea how ICICI shared limit card works. If any expert has better idea please enlighten me, it will be much appreciated.
 
Axis Ace - Mis selling
Axis IOCL - Applied for FK they gave this
Axis Myzone - Stupid cc closed this one with IOCL didn't bother to care
 
Back
Top