Credit Cards Preference

[Saurabhjaiswal]

For that open Poll type not just general question

Surely will keep this in mind going forward. I'm new to TechnoFino hence, not aware of all the features.

 

[VasukiVasuki is verified member.]

Surely will keep this in mind going forward. I'm new to TechnoFino hence, not aware of all the features.

Frame the poll . We will do the addition if required

 

[Saurabhjaiswal]

@Saurabhjaiswal you can tell us which bank you are from. 😂

2 things that bug me is rewards redemption fee and minimum transaction value to earn rewards. Also nw matters a lot. Ready to pay little premium for visa/mc over amex/diners.

I also support minimum billing amount to access lounge. Some people abuse that. And because of that genuine users get stiffed. As long as it is in reasonable level, (5-10k monthly,) it's ok.

Cashback over rewards any day.

Hahaha...you caught me there, @sidp. Thank you for sharing your preferences/thoughts. It'll definitely be of help to me.

 

[100Rabh_negi]

Dear All,

What is it that you see or want in your credit cards when you apply for one?
How much fees or NO fees would you be ok with in exchange of certain features you want in a credit card?

Please help me out with this research.

For me its like :
1) Joining Fees : LTF if possible else a joining bonus worth the joining fees. ( BoB Snapdeal Card, Axis IOCL/Flipkart Paid, SBI BPCL, Tata Neu)
2) Annual Fees : LTF if possible else its benefit in 2-3 months with a normal use should cover the annual fees ( Airtel Axis, SBI CB) OR Easily reachable annual waiver milestone ( SBI BPCL ,Axis IOCL 50K Spend)
3) Rewards/Cashback : Cashbacks as direct statement credit are preferred. Rewards should be better from Existing cards ( if Not an LTF card).

Overall its VFM proportion should be good enough to justify spend/annual-fees on it.