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Closed Credit Cards list so far

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Andy1

Andy1

TF Premier
VIP Lounge
Let's talk about all the credit cards which you have closed so far and also list reason for it.
I have closed
Icici Platinum- Poor Reward points
Axis Flipkart- list of exemptions
Axis Ace - devaluation
Yes Finbooster- never used
Yes Exclusive- Annual Fees
RBL ICON- pathetic reward system for a premium card
Axis Magnus- Reason well known
IDFC Select- upgraded to Wealth
 
Last edited:
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I saw this message in one score app. It is recommending to close some cards which I don't use. So I have sent email to bank to close them. Thelist is followed. I am thinking to increase my cibil score but it is going down and reached 769 from 774. As in near future I would take home loan. So what will be the consequences of this cibil score. My experon score has also gone down by 28 points and reached 798 from 826.
Someone has suggested me that many credit card shows to bank this person is credit hungry and is fully dependent on it. So taking this decision.
I have closed
Axis Flipkart recently
And now will close

Bob easy virtual rupay
Standard chartered platinum rewards credit card
RblShopriteLtf
ICICI platinum chip
ICICI Coral rupay
Au altura

Will the bulk closure improve my score or it will hamper it more?
 
Closed so far:
  1. SBI Elite - Closed because I had slowly shifted my spends to Diners & SCB Ultimate.
  2. Citi Rewards - Closed because of Citi leaving their business.
  3. Citi IOCL - Same as above
  4. ICICI Coral - Upgraded to ICICI Sapphiro back then
  5. HDFC DCB - Upgraded to Infinia
Planning to close soon:
  1. ICICI Sapphiro - Upgrading to ICICI Emeralde Private Metal
  2. SCB Ultimate - Just got Yes Bank Marquee, so SCB won't be used at all now. Anyways the spends were really low last year on this.
  3. Amex MRC - Low spends and the idiots at Amex are not letting me upgrade to Amex Platinum charge. And a fresh application is offered with Taj vouchers which I don't care much about right now.
  4. One card - Got it because of the metal card. It was my first metal card,\ but now that I already have around 3 metal cards, I might close this. Currently use this only for Zomato spends.
 
callsignmaverick said:
Closed so far:
  1. SBI Elite - Closed because I had slowly shifted my spends to Diners & SCB Ultimate.
  2. Citi Rewards - Closed because of Citi leaving their business.
  3. Citi IOCL - Same as above
  4. ICICI Coral - Upgraded to ICICI Sapphiro back then
  5. HDFC DCB - Upgraded to Infinia
Planning to close soon:
  1. ICICI Sapphiro - Upgrading to ICICI Emeralde Private Metal
  2. SCB Ultimate - Just got Yes Bank Marquee, so SCB won't be used at all now. Anyways the spends were really low last year on this.
  3. Amex MRC - Low spends and the idiots at Amex are not letting me upgrade to Amex Platinum charge. And a fresh application is offered with Taj vouchers which I don't care much about right now.
  4. One card - Got it because of the metal card. It was my first metal card,\ but now that I already have around 3 metal cards, I might close this. Currently use this only for Zomato spends.
Click to expand...
Why Marquee over Ultimate? And using Marquee with that 3x/5x plan?
 
atx said:
Why Marquee over Ultimate? And using Marquee with that 3x/5x plan?
Click to expand...
As far as I know you can’t add a subscription plan to marquee. Above ultimate because of variety of redemption options, priority pass and domestic lounge access (although with the devaluation now, I guess both are on par). Also this might be just weird but I got bored of my ultimate card (holding it since 3+ years now) and the usual lack of redemption options.
 
callsignmaverick said:
As far as I know you can’t add a subscription plan to marquee. Above ultimate because of variety of redemption options, priority pass and domestic lounge access (although with the devaluation now, I guess both are on par). Also this might be just weird but I got bored of my ultimate card (holding it since 3+ years now) and the usual lack of redemption options.
Click to expand...
Yeah... Its a top card from SC but not really a top card by any means lol. But Yesbank's insanely low reward value is also a big turn off for me... 1pt = 10paise for amazon gv, this is for my reserv. Is it any different/better for Marquee? because if not, then reward value would come to 1.8% only for online txns and 0.9% for offline!

Also, any chance you ever happen to try 'Purchase with Rewards' option for Ultimate while redeeming points?
 
close 4 card last week

axis select
sbi simply click
hdfc business money back
amex mrcc

planning to close
icici coral
axis burgundy account with there recent devaluation of all card includes burgundy debit card
 
Andy1 said:
Let's talk about all the credit cards which you have closed so far and also list reason for it.
I have closed
Icici Platinum- Poor Reward points
Axis Flipkart- list of exemptions and already have ACE
Yes Finbooster- never used
Yes Exclusive- Annual Fees
Click to expand...
Icici platinum chip
Idfc wow
Hdfc iocl
Hdfc tata neu
Axis Atlas
Axis samsung infinite
Axis Flipkart
 
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