💳 Share & brag your cards portfolio here! 🤑

[jatinkrmalik]

Update: Here's my updated cc portfolio ‼️

---

We can't really have a forum without allowing members to share their credit card portfolios and talk about their favourite credit card. 😎

---

I will go first, here's my collection, from least used to most used.

Slice Pay card

Amazon Pay ICICI bank card

Citi Cashback card

IDFC First Select card

AMEX Membership Rewards card

HDFC Diners Club Black card

Onecard Metal card

Axis Magnus card

 

[Deviation]

@Deviation How did you get those paper covers for all the cards? Most of these cards came without covers for me.

All covers crafted using their cover in which they were delivered.

 

[jar89]

My use cases are mostly for travel and miles and this is my current portfolio.

 

[350modena]

My use cases are mostly for travel and miles and this is my current portfolio.


View attachment 72300

Great set of cards!

 

[borg]

20 cards total limit 57L

 

[Deviation]

20 cards total limit 57L

Great collection. How long have u been into the credit card realm?

 

[borg]

Great collection. How long have u been into the credit card realm?

I got my first card in 2002. I was a normal human till 3-4 years ago with 2-3 cards. I found this forum and other similar forums on Reddit and now a hobbyist collecting cards. This year i think i got some 10-15 cards thanks to this forum and reddit

 

[msd07]

Oldest card is HSBC Platinum, got in 2007 with 87000 and its still with same credit limit. Least limit among all the cards.
Newest is the BOB Premier card received a week back.

Highest credit limit with ICICI A.Pay card 9.4L

All cards are LTF except Axis Airtel Card.

 

[raghavb6]

My use cases are mostly for travel and miles and this is my current portfolio.


View attachment 72300

How Atlas is LTF?

 

[jar89]

How Atlas is LTF?

Got it LTF along with Burgundy salary account earlier this year

 

[SmartSave]

Updated List, Some new additions.

 

[350modena]

Updated List, Some new additions.


View attachment 75547

Nice! Is this in Google sheets ?

 

[SmartSave]

Nice! Is this in Google sheets ?

No. It's Notion

 

[350modena]

No. It's Notion

Looks good. Is it easy to use?

 

[SmartSave]

Looks good. Is it easy to use?

Yeah. But as with anything, it requires one to adapt the UI and get used to the features. Once you do, it's quite useful.

 

[HolUp]

Hello everyone, one question! I have 9 credit cards: Axis IndianOil card (got in Feb 2023), HDFC Moneyback+ (May ‘23), OneCard (Jun ‘23), Amazon ICICI (Nov ‘23), SC Platinum Rewards (Feb ‘24), IndusInd Rupay & AU Bank Altura+ (both in Apr ‘24), and finally IFDC Millennia & Amex MRCC (both July 2024).

I’ve cut my expenses because of personal issues and as per my set budget, I intend to spend on MRCC, HDFC (for occasional offers), IDFC (I have a bank account there so it’s kinda easier, and I use its UPI), Amazon ICICI (I have Prime Shopping Edition), and OneCard (for looks). Plus all these have higher limit (7.5 Lacs combined).

Now the main question is, if I close the remaining CCs, will it impact my credit score in the long term? I want to close them because I read somewhere that we must not keep our Card Utilization zero and the minimum in the bill statement should be at least 1% of the credit limit of each card rather than zero.

If I consider that 1% tip, it means I’ll have to spend around ₹500 on each of the remaining cards just to avoid showing my utilization as zero, and it is not worth to spend ₹2-2.5k on those extra cards when I can spend that money on MRCC or Amazon for shopping, or even invest that money somewhere.

Basically you can tell me if I keep those cards unused (or usage not around 1% but less than that, i.e., around ₹100-200), will it impact my credit score negatively? Or closing the CCs would make more sense as I don’t really need those cards (I'm also considering their value or profit I'm getting) and closing them won’t impact my credit score for the longer run? I don’t think closing them earlier (<1 year) would make any significant impact.

An additional point: I talked to CC department of AU SFB credit card, and he told me that it’s a myth to use each one of our multiple cards every month because it’s the total CUR which impacts credit score and not the CUR of individual card. This means if I only use my 2-3 cards and the total CUR is between 3-30% then I’m all set because CCs are for “emergency use” and there’s no compulsion on us to use them every month—and thus I can keep the remaining cards unused.

P.S.- I'm not authorised to post this as question in the concerned forum so asked it here. Thanks for reading it till the end!

 

[helloworld]

Hello everyone, one question! I have 9 credit cards:

Now the main question is, if I close the remaining CCs, will it impact my credit score in the long term?

No. CIBIL is a continuous monthly thing, and it improves or declines based on payment history & behavior observed and its not constant but changes every month. Not at all impact for your score.

I want to close them because I read somewhere that we must not keep our Card Utilization zero and the minimum in the bill statement should be at least 1% of the credit limit of each card rather than zero.

If I consider that 1% tip, it means I’ll have to spend around ₹500 on each of the remaining cards just to avoid showing my utilization as zero, and it is not worth to spend ₹2-2.5k on those extra cards when I can spend that money on MRCC or Amazon for shopping, or even invest that money somewhere.

Basically you can tell me if I keep those cards unused (or usage not around 1% but less than that, i.e., around ₹100-200), will it impact my credit score negatively? Or closing the CCs would make more sense as I don’t really need those cards (I'm also considering their value or profit I'm getting) and closing them won’t impact my credit score for the longer run? I don’t think closing them earlier (<1 year) would make any significant impact.

An additional point: I talked to CC department of AU SFB credit card, and he told me that it’s a myth to use each one of our multiple cards every month because it’s the total CUR which impacts credit score and not the CUR of individual card. This means if I only use my 2-3 cards and the total CUR is between 3-30% then I’m all set because CCs are for “emergency use” and there’s no compulsion on us to use them every month—and thus I can keep the remaining cards unused.

P.S.- I'm not authorised to post this as question in the concerned forum so asked it here. Thanks for reading it till the end!

Based on my personal experience, and accounts that I saw with my friends, only thing that matter in CIBIL and affect "very high" is PAY ON TIME and NEVER MISS IT. Rest all temporary, can close it.

All you need 1 valid working card, to contribute your score. No matter whether its old or new. Your score will improve over time and changes constantly, its never same for all the time.

 

[salisburry44]

Hello everyone, one question! I have 9 credit cards: Axis IndianOil card (got in Feb 2023), HDFC Moneyback+ (May ‘23), OneCard (Jun ‘23), Amazon ICICI (Nov ‘23), SC Platinum Rewards (Feb ‘24), IndusInd Rupay & AU Bank Altura+ (both in Apr ‘24), and finally IFDC Millennia & Amex MRCC (both July 2024).

I’ve cut my expenses because of personal issues and as per my set budget, I intend to spend on MRCC, HDFC (for occasional offers), IDFC (I have a bank account there so it’s kinda easier, and I use its UPI), Amazon ICICI (I have Prime Shopping Edition), and OneCard (for looks). Plus all these have higher limit (7.5 Lacs combined).

Now the main question is, if I close the remaining CCs, will it impact my credit score in the long term? I want to close them because I read somewhere that we must not keep our Card Utilization zero and the minimum in the bill statement should be at least 1% of the credit limit of each card rather than zero.

If I consider that 1% tip, it means I’ll have to spend around ₹500 on each of the remaining cards just to avoid showing my utilization as zero, and it is not worth to spend ₹2-2.5k on those extra cards when I can spend that money on MRCC or Amazon for shopping, or even invest that money somewhere.

Basically you can tell me if I keep those cards unused (or usage not around 1% but less than that, i.e., around ₹100-200), will it impact my credit score negatively? Or closing the CCs would make more sense as I don’t really need those cards (I'm also considering their value or profit I'm getting) and closing them won’t impact my credit score for the longer run? I don’t think closing them earlier (<1 year) would make any significant impact.

An additional point: I talked to CC department of AU SFB credit card, and he told me that it’s a myth to use each one of our multiple cards every month because it’s the total CUR which impacts credit score and not the CUR of individual card. This means if I only use my 2-3 cards and the total CUR is between 3-30% then I’m all set because CCs are for “emergency use” and there’s no compulsion on us to use them every month—and thus I can keep the remaining cards unused.

P.S.- I'm not authorised to post this as question in the concerned forum so asked it here. Thanks for reading it till the end!

Can close those cc which you don't need, won't affect your credit score. Keeping utilisation in minus actually increases your score as checked by @SSV . AU person is right can keep card unused, just do some transaction every year to keep card active.

 

[HolUp]

Thank you so much! It's really confusing but you answered it well.

Yeah, this month my utilization is down to 9% of my total limit (around 10 lacs).

 

[HolUp]

No. CIBIL is a continuous monthly thing, and it improves or declines based on payment history & behavior observed and its not constant but changes every month. Not at all impact for your score.



Based on my personal experience, and accounts that I saw with my friends, only thing that matter in CIBIL and affect "very high" is PAY ON TIME and NEVER MISS IT. Rest all temporary, can close it.

All you need 1 valid working card, to contribute your score. No matter whether its old or new. Your score will improve over time and changes constantly, its never same for all the time.

Got it... thanks man 👍🏻

 

[cardio_guy]

Share & brag - All LTF

ICICI Amazon pay
ICICI Sapphiro
HDFC Swiggy
HDFC Tata Neu Infinity
HSBC Platinum
Indusind Tiger
Federal Celesta