Top 10 WORST cards in India

[drsel]

Requesting all experts to give their views and opinions of the top 10 WORST credit cards in India which are designed to bait gullible customers.
eg. Cards which give very low returns on spends
OR
have high charges and fees including joining fee, renewal fee, forex markup, etc; without proportional returns
Thanks 🙏

 

[shake-all-Sphere]

Kotak Royal Signature (Paid)… Worst among the cards I ever had.

I toh find their Kotak white Signature( LTF) also worst which I never use, useless card only for high spenders.

 

[shake-all-Sphere]

SBI simply Save
Amex Reserve
ICICI Makemytrip ( i found this card to be the most useless card even for mmt this card doesnt give you good returns)

 

[CardTox]

Yes First Exclusive with 2k annual fee and almost 0 returns.

 

[Deleted member 27665]

SBI simply Save
Amex Reserve
ICICI Makemytrip ( i found this card to be the most useless card even for mmt this card doesnt give you good returns)

ICICI MMT card is good for flight/hotel bookings on MMT. It gives 15% instant discount on bookings every monday (once per month) which is a decent deal + some cashbacks in MMT wallet.

 

[Trust Me]

CCs are ..... convenience products. With minor inducements to make them popular n sought after.

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From Bank perspective it's a credit offering and bank has no intention to offer it to us only for convenience ( use and pay- full payer) . they want more of revolver so to make money , banks don't make much money only on swipes (from mdr) they will only earn profits when a customer revolves and pay interest.

....

Banks are playing their game we are our own ...

So what's your take on HDFC keeping on offering multiple substantial LEs for years on a MoneyBack CC that lies virtually unused because it's a MoneyBack CC ?

 

[minhazuddin]

ICICI MMT card is good for flight/hotel bookings on MMT. It gives 15% instant discount on bookings every monday (once per month) which is a decent deal + some cashbacks in MMT wallet.

Plus complimentary International Lounge access through Dreamfolks

 

[Deleted member 27665]

Plus complimentary International Lounge access through Dreamfolks

Yes and also Railway Lounge access which is 1 per quarter.

 

[parthv]

Paytm HDFC Card