I have a big purchase to do kinda rn.
I can use my Tata Neu Infinity to get 5%+ voucher but am thinking of using DCP card to create spends of 6L in 6 months.
So, Is it worth upgrading to DCB from DCP if I have this and some other spends and just need to start pay rent of 20k using CC and bear 1% + GST charges of bank and 0.5% charges of RG?
Limit is 5L currently, will it be enough or do I need 6L? Have HSBC Live+ with 5.75L limit, can it be used for LE negotiation? Had a LE 2 months back from 3.8 to 5. Will have 5 months left from now for accumulating 6L spends.
While im not a big spender, I do have few recurring usecases of Apay vouchers which seems to be worth bearing these charges now, but I mostly wont be able to reach milestones/annual fee waiver with these spends later for DCB.
How much spends are ideal to get value from DCB? Since upgrades are FYF i might try reaching spends for Infinia with this card, but not sure if limit of 8L is achievable from HDFC.
Can also close the card after first year and keep Neu Infinity till i reach Salary criteria for Infinia or renew it if I have good purchases upcoming. Im thinking its better to get the card and decide later rather than regretting not having a higher returns card when I need to have bigger spend in future.
I have a salary of almost 2L currently so I feel there are chances of spends like buying a car in future. DCP is kinda useless to me currently as Neu has better base reward rate of 1.5% compared to 1.33% here.
Im mostly seeking validation for my thought process and inputs of people who might have took similar decisions.
TIA.
I can use my Tata Neu Infinity to get 5%+ voucher but am thinking of using DCP card to create spends of 6L in 6 months.
So, Is it worth upgrading to DCB from DCP if I have this and some other spends and just need to start pay rent of 20k using CC and bear 1% + GST charges of bank and 0.5% charges of RG?
Limit is 5L currently, will it be enough or do I need 6L? Have HSBC Live+ with 5.75L limit, can it be used for LE negotiation? Had a LE 2 months back from 3.8 to 5. Will have 5 months left from now for accumulating 6L spends.
While im not a big spender, I do have few recurring usecases of Apay vouchers which seems to be worth bearing these charges now, but I mostly wont be able to reach milestones/annual fee waiver with these spends later for DCB.
How much spends are ideal to get value from DCB? Since upgrades are FYF i might try reaching spends for Infinia with this card, but not sure if limit of 8L is achievable from HDFC.
Can also close the card after first year and keep Neu Infinity till i reach Salary criteria for Infinia or renew it if I have good purchases upcoming. Im thinking its better to get the card and decide later rather than regretting not having a higher returns card when I need to have bigger spend in future.
I have a salary of almost 2L currently so I feel there are chances of spends like buying a car in future. DCP is kinda useless to me currently as Neu has better base reward rate of 1.5% compared to 1.33% here.
Im mostly seeking validation for my thought process and inputs of people who might have took similar decisions.
TIA.
