If you could only have 5 credit cards with you and no more - which would be your 5 credit cards? Would be great if you could also mention the reasons. Of course these will be based on your personal usage, preferences, spends etc., but would be fun to know. Idea is to see if we can create a holistic portfolio of credit cards in a way that they cover all aspects of our spends and lifestyle, thus each card complementing the other 4. What are those 5 cards as of today (as the combination may keep changing with new cards coming up, devaluation in existing cards etc.).
I am so looking forward to hear from members here. Would especially be fun to hear from those who have numerous credit cards and to see how they manage to narrow it down to 5 😛 .
1. Axis Magnus: In my opinion, one of the best cards in the world currently. I guess don't have to do much explanation for this one. Amazing non-spend-based benefits as well. <Primary card for most everyday spends+ Bonus if you can hit that sweet 1L milestone>
😉
2. HDFC Infinia- Was a great card before the devaluation; nonetheless, It's still a card to consider. A lot of great offers through smartbuy portal. I would also use this for my international spends(Global Value Program). <Travel and Hdfc Offers>
3. HDFC Tata Neu Infinity: A rewarding Rupay card for your upi transactions. Can consider keeping it until the Rupay promos die out. <UPI spends>
4. Amazon Pay CC- My first card, a very no-nonsense one. 5% unlimited cashback on Amazon comes in handy. A base rate of 1% for most transactions when there are so many exceptions in many categories these days also helps. <mainly Amazon and for transactions that don't get rewards on your other cards>
5. SBI BPCL Octane- A decent card for your fuel spends. And SBI does have a lot of offers. <SBI ALWAYS has offers and if you have a high fuel spend>
Honourable mentions:
1. Amex MRCC has some insane milestone benefits <fuel/utility payments>
2. Amex Platinum card for those categories that don't earn you any rewards. < government transactions and insurance>
You can use these two as a pair
For High spenders:
1. Axis Vistara Infinite- You get more than you pay for with this card. If you are a frequent flyer, just hold this card for the Vistara gold status. Plus who doesn't like flying business class? <great card for a high spender> 😁
2. Amex Platinum Charge: A status symbol. Not for everyone as most people can't find value in paying that stupendously high fee. <elite status with most membership programs and flight upgrades+great customer service+amex lounge>
