Advice on Cards

[RCB]

Hi Guys - I will need your suggestions on potential cards to use for spends of upto 30-45lacs (valid and not manufactured) in the next 10 months. Can’t use Amex for this.

I am ok with applying for fee cards as long as the roi makes sense. I have the following cards currently

Atlas - as gold now
Samsung Infinite
Yes marquee
Infinia - free for next year with spends this year
SBI Vistara Prime
SC Ultimate

 

[helloworld]

which category these 40 lakhs spends belongs?

seems like 7.5L with atlas, Marquee for Online and not special categories, Infinia for others.

DCB helpful, if accepted.

Thread 'Guide to suggest a credit card - Basic requirements'

Sep 28, 2024

How to Choose the Right Credit Card for You

Simply looking at your CIBIL score or listing your existing cards won't help determine the most suitable credit card for you. To make an informed choice, you need to consider various factors.

Key Steps to Select a Credit Card:​

1. Identify Your Spending Categories
   
   Look at your monthly or annual expenses and categorize them. This will help determine which card gives the best rewards for your spending pattern.
   
   Example:
   • Amazon: ₹5,000
   • BigBasket: ₹5,000
   • Offline Grocery: ₹10,000...

• helloworld
• Replies: 8
• Forum: Suggest me a Credit Card

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[thewittypanda]

Can you categorise your total spends into different buckets? Then only one can suggest good cards for each segment where you can maximize the RoI. There's no one card that fits everything.

Also depends on what type of rewards you're interested into.

 

[RCB]

I do not want to get deeper into the spend type, but will always be qualifying for a POS kind of spend without any additional charges. So base points / rewards are applicable.

The spend on an average is about 4L per month. DC also won’t be accepted. I have already maxed out on Vistara Prime up to 8l and will only be starting again from Apr 2025.

 

[wiizzard]

Magnus Burgundy has accelerated rewards post 1.5lac/month. 35 points/ 200 spent with 5:4 conversion ratio. So you are looking at ~11% returns on spends above 1.5lacs and 4% for below 1.4lacs .
For your spend amount, it would make sense except that you need to meet "True Burgundy" criteria i.e. 10lac Balance/ 30 lac trv