SatyG
TF Buzz
Hi all,
I have the following CC portfolio and am seeking your suggestions on optimising the same. Let me know if I need to close any cards or add any for my use case.
Note: I did find a few similar threads, but couldn't find the details I was looking for personally
CC Portfolio:
1. Axis:
MyZone (LTF) - oldest account
Axis Flipkart (LTF) - for occasional flipkart/cleartrip transactions
Axis Airtel (Paid) - mostly used for utility bills and Airtel recharge
2. HDFC:
Diners Club Privilege (LTF under Alumni Offer)
HDFC Swiggy (LTF)
TATA Neu Infinity (FYF) - daily driver, mainly used for UPI
3. ICICI:
Amazon Pay - Not sure if I should keep it anymore
Coral Rupay (LTF) - was using this for UPI before I got Tata Neu
Sapphiro Dual (LTF under Alumni Offer) - for BMS BOGO only
4. SBI:
SimplyClick (LTF) - not sure if I should keep this
5. HSBC:
Visa Platinum (LTF) - for occasional offers on flight bookings
6. AU Small Finance:
Altura+ (LTF) - used only once so far, for flight bookings
7. IDFC First:
Wealth - Claimed RSA multiple times for my friends
HP Power+ - Primary driver for my fuel expense
8. RBL:
Shoprite (LTF) - Only used once for flight booking, very low limit
9. BOB card:
Premier (LTF) - for occasional offers
10. Federal Bank:
Signet - For occasional offers
Closed Cards:
Amex Smartearn, Axis Maguns, Axis Neo, HDFC Pixel, Indusind Visa Classic, SBI simpysave, Yes Paisabazaar
Monthly Expenses:
Grocery: 10k
Food: 10k
Utility Bills: 2-3k
Shopping: 20k
Fuel: 1k
Rent: 20K
Travel:
Domestic: 3-4 times a year
International: Once a year
Upcoming expenses:
Gold for Sister’s marriage
Educational expenses for another sister
I am not into the reward points game yet. Might think of it later when I plan international trips more.
I have tried for SBI Cashback multiple times, but every time I got rejected due to an overleveraged issue, as the limit of almost all the cards is 3l+. I mostly use HDFC Swiggy, TATA Neu Infinity for my daily expenses. Not sure how much value SBI Cashback will add, though.
Let me know if I need to close/add any cards to my portfolio. Or if you have any other suggestions, please let me know.
I have the following CC portfolio and am seeking your suggestions on optimising the same. Let me know if I need to close any cards or add any for my use case.
Note: I did find a few similar threads, but couldn't find the details I was looking for personally
CC Portfolio:
1. Axis:
MyZone (LTF) - oldest account
Axis Flipkart (LTF) - for occasional flipkart/cleartrip transactions
Axis Airtel (Paid) - mostly used for utility bills and Airtel recharge
2. HDFC:
Diners Club Privilege (LTF under Alumni Offer)
HDFC Swiggy (LTF)
TATA Neu Infinity (FYF) - daily driver, mainly used for UPI
3. ICICI:
Amazon Pay - Not sure if I should keep it anymore
Coral Rupay (LTF) - was using this for UPI before I got Tata Neu
Sapphiro Dual (LTF under Alumni Offer) - for BMS BOGO only
4. SBI:
SimplyClick (LTF) - not sure if I should keep this
5. HSBC:
Visa Platinum (LTF) - for occasional offers on flight bookings
6. AU Small Finance:
Altura+ (LTF) - used only once so far, for flight bookings
7. IDFC First:
Wealth - Claimed RSA multiple times for my friends
HP Power+ - Primary driver for my fuel expense
8. RBL:
Shoprite (LTF) - Only used once for flight booking, very low limit
9. BOB card:
Premier (LTF) - for occasional offers
10. Federal Bank:
Signet - For occasional offers
Closed Cards:
Amex Smartearn, Axis Maguns, Axis Neo, HDFC Pixel, Indusind Visa Classic, SBI simpysave, Yes Paisabazaar
Monthly Expenses:
Grocery: 10k
Food: 10k
Utility Bills: 2-3k
Shopping: 20k
Fuel: 1k
Rent: 20K
Travel:
Domestic: 3-4 times a year
International: Once a year
Upcoming expenses:
Gold for Sister’s marriage
Educational expenses for another sister
I am not into the reward points game yet. Might think of it later when I plan international trips more.
I have tried for SBI Cashback multiple times, but every time I got rejected due to an overleveraged issue, as the limit of almost all the cards is 3l+. I mostly use HDFC Swiggy, TATA Neu Infinity for my daily expenses. Not sure how much value SBI Cashback will add, though.
Let me know if I need to close/add any cards to my portfolio. Or if you have any other suggestions, please let me know.
