Can review my credit card portfolio ?

[apputennis]

Can you review my credit card portfolio

1) infinia LTF - insurance , travel , flights , hotels , kids school fees , groceries etc
2) axis Indian oil rupay LTF - fuel and UPI transactions
3) SBI cashback - for online shopping amz , Flipkart , Myntra etc
4) Amex MRCC - wallet reloads and rest spends to meet 1.5L milestone

Can you also suggest cards for govt payments as infinia not giving points

Applied axis Airtel for utility payments but it's hold 🙁

Will infinia Amazon vouchers better for utility bills and wallet reloads so that I can cancel my MRCC .

Suggest please

 

[HumorSimpson]

Not going into calculation but 4% should be ok on Entry lvl card ..
When i will get mrcc i will crush you with my calculations 😅😅 with my poor maths

I am not so good in biology, but what they say is the more beautiful a snake looks the more venomous it is. (Fintos, don't tell that applies to girlfriends too)
Similarly the more lucrative a card looks, the more destructive it is.

 

[Vasuki]

Then get rid of it.

🥸

I am not so good in biology, but what they say is the more beautiful a snake looks the more venomous it is. (Fintos, don't tell that applies to girlfriends too)
Similarly the more lucrative a card looks, the more destructive it is.

So you indirectly telling how u got deciveed by lucrative things 😅

 

[sidp]

To simplify calculations, for 28800 effectively 8000*(28800/24000) = 9,600 inr


9600*100/240000 = 4%

Let me know if I am missing anything.

Yeah one thing. He already has infinnia. So he can get agv at 16.67% discount. So 9600 agv can be bought at 8229rs. 🤣

 

[HumorSimpson]

🥸

So you indirectly telling how u got deciveed by lucrative things 😅

That is generalized statement in finances atleast.

When my salary account was with HDFC, at that time itself I realize this milestone chasing is mentally tiring. Rejected their regalia and never bothered any prem cards from them.

 

[HumorSimpson]

Yeah one thing. He already has infinnia. So he can get agv at 16.67% discount. So 9600 agv can be bought at 8229rs. 🤣

Yes. But somehow doc came with a claim that Amex is apex that's why this calculation.

 

[sidp]

Yes. But somehow doc came with a claim that Amex is apex that's why this calculation.

Again there is time value of money. Discount that again by around 4.5-5%. 🤣🤣

 

[SSV]

Can you review my credit card portfolio

1) infinia LTF - insurance , travel , flights , hotels , kids school fees , groceries etc
2) axis Indian oil rupay LTF - fuel and UPI transactions
3) SBI cashback - for online shopping amz , Flipkart , Myntra etc
4) Amex MRCC - wallet reloads and rest spends to meet 1.5L milestone

Will infinia Amazon vouchers better for utility bills and wallet reloads so that I can cancel my MRCC .

Yes, You can get rid of MRCC as your AGV bought thru Infinia can b used used for utility payments. Infact this is is the best use case for you..

Applied axis Airtel for utility payments but it's hold 🙁

If you get this card, keep it.. escpecially useful for Airtel payments and other utility bill payments

Can you also suggest cards for govt payments as infinia not giving points

Recommended cards for Govt transactions:

1) IDFC Wealth,
The Reward Sturcutre is: ( which includes GOvt transactions, each RP = 0.25)
for the first 30K - 6X rewards for online
for the above 30K - 10 X rewards.

More details:



2)YES Marquee.

Read this review here for details:

Yes Bank MARQUEE Credit Card launched - Features & Benefits | Full Details

For YES CC Rewardz Redemption details , Please see here... https://www.technofino.in/community/threads/yes-bank-credit-card-rewardz-redemption-options-for-marquee.22116/ Yes Bank MARQUEE Credit Card As you guys already know, YES Bank is revamping their CC protfolio recently , I took a dive...

www.technofino.in

3) SC Smart Credit card.

This gives a maximum of 1K of CB @2% per month on GOvt transactions..
read detials here..

https://av.sc.com/in/content/docs/in-smartcard-product-terms-and-conditions.pdf

Other relevant cards worth considering for general purposes:

1) Kotak Myntra - for Mytra and UPI transactions.

Myntra Kotak Credit Card - Get 7.5% Discount & Cashback Offer

The all new Myntra Kotak Credit Card gives you FLAT 7.5% Instant Discount on Myntra, 5% Cashback on Preferred merchants, 1.25% cashback on other spends and much more. Also get voucher worth Rs.500 on Activation.

www.kotak.com

2) Tata Neu Infinity - for UPI trnsactions

Apply For Tata Neu Infinity HDFC Bank Credit Card & Enjoy Offers

The Tata Neu Infinity HDFC Bank credit card offers benefits such as airport lounge access, 1% fuel surcharge waiver, enabled contactless payment and more. Apply Now!

www.hdfcbank.com

3) BPCL SBI Card Octane

BPCL SBI Credit Card OCTANE - Fuel Credit Card - Apply Now | SBI Card

BPCL SBI Credit Card offers 13x rewards points on fuel purchases at BPCL petrol pumps, 2,000 bonus reward points and more. Know more about this fuel credit card.

www.sbicard.com

Edit:
Exercise caution against choosing and using BPCL SBI Octane card, as it seems the users are experiencing practical difficulties in realising the benefits..

 

[Zacobite]

w

Can you review my credit card portfolio

1) infinia LTF - insurance , travel , flights , hotels , kids school fees , groceries etc
2) axis Indian oil rupay LTF - fuel and UPI transactions
3) SBI cashback - for online shopping amz , Flipkart , Myntra etc
4) Amex MRCC - wallet reloads and rest spends to meet 1.5L milestone

Can you also suggest cards for govt payments as infinia not giving points

Applied axis Airtel for utility payments but it's hold 🙁

Will infinia Amazon vouchers better for utility bills and wallet reloads so that I can cancel my MRCC .

Suggest please

what regular govt spend do u have?? amz voucher are best for utl,insurance, grocery via infinia..

 

[dungeonMaster]

I got infinia LTF in 2021 Jan after my regalia and long relationship with HDFC credit cards 🙂 Recently got infinia renewal card too .

During that time I think rbi banned hdfc

 

[Pankhuri]

at that time itself I realize this milestone chasing is mentally tiring

For a subset of people. Many people get thrill out of it, that was the basis of these as rewards in the first place. Even if people are not doing it right, the idea of gaining points is very enticing. Moreover, only a subset of humans are able to see things in % terms easily. So unless someone is blatant like Cheq or Paytm in terms of their points value, most people don't realize that they are not really gaining much. Combine it with the tendency of humans to justify their actions, and you got a person telling himself that he would have spent 1.25L per month anyway and using magnus to do it was just extra icing on the cake.

 

[sidp]

Other card worth considering...

Does kotak myntra/tata neu/bpcl octane give reward on govt spends?
Or did you recommend thinking it would complement his portfolio? For utility?

 

[Pankhuri]

During that time I think rbi banned hdfc

Yup. HDFC suddenly become pretty reasonable after RBI's bamboo.

 

[SSV]

Does kotak myntra/tata neu/bpcl octane give reward on govt spends?
Or did you recommend thinking it would complement his portfolio? For utility?

For other general purposes..

 

[Pankhuri]

3) BPCL SBI Card Octane

BPCL SBI Credit Card OCTANE - Fuel Credit Card - Apply Now | SBI Card

BPCL SBI Credit Card offers 13x rewards points on fuel purchases at BPCL petrol pumps, 2,000 bonus reward points and more. Know more about this fuel credit card.

www.sbicard.com

Would advice against SBI BPCL(Octane and regular one). SBI is shit at recognizing BPCL pumps. Not only that, there is no consistency among BPCL pumps, no way to know where you can use the vouchers or pay with reward points and where you can just swipe the card normally. SBI also sometimes forgets to waive off the fuel surcharge, sometimes forgets the reward points, sometimes both and the biggest frustration when they give one and forget the other part. Then you have to somehow convince the dumb customer care to count the reward points with you and still pray to god that they are not bad at math. From May last year to September, no issues like these. Since then I am regularly having problems with SBI, so much that I prefer using Simplyclick or Millennia over SBI BPCL.

 

[SSV]

Would advice against SBI BPCL(Octane and regular one). SBI is shit at recognizing BPCL pumps. Not only that, there is no consistency among BPCL pumps, no way to know where you can use the vouchers or pay with reward points and where you can just swipe the card normally. SBI also sometimes forget to waive off the fuel surcharge, sometimes forgets the reward points, sometimes both and the biggest frustration when they give one and forget the other part. Then you have to somehow convince the dumb customer care to count the reward points with you and still pray to god that they are not bad at maths. From May last year to september, no issues like these. Since then I am regularly having problems with SBI, so much that I prefer using Simplyclick or Millennia over SBI BPCL.

Okay, thanks for the first hand experience feedback. .. I never used any fuel cards but from other reviews I thought this card may be useful for the OP considering he seems interested in fuel cards..
Now I keep in mind that this card has practical issues..

Updated my post reflecting your feedback..
Thanks again

 

[sidp]

Would advice against SBI BPCL(Octane and regular one).

What about icici hpcl supersaver ? That looks promising.

 

[Pankhuri]

What about icici hpcl supersaver ? That looks promising.

No idea about other fuel cards. BPCL one was my first and will probably be my last. Can't optimize spends around incompetence.

 

[vaibhav111vaibhav111 is verified member.]

Can you review my credit card portfolio

1) infinia LTF - insurance , travel , flights , hotels , kids school fees , groceries etc
2) axis Indian oil rupay LTF - fuel and UPI transactions
3) SBI cashback - for online shopping amz , Flipkart , Myntra etc
4) Amex MRCC - wallet reloads and rest spends to meet 1.5L milestone

Can you also suggest cards for govt payments as infinia not giving points

Applied axis Airtel for utility payments but it's hold 🙁

Will infinia Amazon vouchers better for utility bills and wallet reloads so that I can cancel my MRCC .

Suggest please

I agree with suggestion by @S S V, get rid of mrcc and may be if fyf amex saga continue then get the card again for the sweet 8k bonus point or try to fees wavier since you hold mrcc for 3 year it won't be ltf so keep mrcc for another year .just fees wavier but with no spend required unlike in case of amex gold.

 

[rajarchit]

Can you review my credit card portfolio

1) infinia LTF - insurance , travel , flights , hotels , kids school fees , groceries etc
2) axis Indian oil rupay LTF - fuel and UPI transactions
3) SBI cashback - for online shopping amz , Flipkart , Myntra etc
4) Amex MRCC - wallet reloads and rest spends to meet 1.5L milestone

Can you also suggest cards for govt payments as infinia not giving points

Applied axis Airtel for utility payments but it's hold 🙁

Will infinia Amazon vouchers better for utility bills and wallet reloads so that I can cancel my MRCC .

Suggest please

IDFC Wealth and IDFC Select both giving rp on government transaction.
Already paid advance tax via select card with bonus rp's

 

[apputennis]

Thank you all .
I have applied amex platinum travel card and received. Along with MRCC will shift all utility , insurance etc .
Giftr platform 3X for Amazon .

Also will continue to use infinia giftr vouchers