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Credit card portfolio 2024-25

Apply For Lifetime Free IDFC First Credit Card
K

kunalcc

TF Select
I have 8 credit cards at present. I have built credit card portfolio for cashback since 2021. I have good credit score and 5 cards are Lifetime free. I am proud that I extract 10 times return than the annual fees.
  1. SBI Cashback, LTF - for all online spends (1.8 lakh limit)
  2. AXIS Airtel - for utility bills, food delivery and grocery (58k limit)
  3. AXIS Ace - for utility bills and offline spends (shared limit)
  4. Indusind Legend LTF - BOGO movie offer and lounge access (1.4 lakh)
  5. Swiggy HDFC - Food, dining and online spends (75k limit)
  6. HDFC Tata neu plus, LTF - for Rupay UPI spends and lounge access (shared limit)
  7. ICICI Amazon, LTF - for instant discount offer (1.2 lakh)
  8. YES BANK SELECT, LTF - Visa concierge (1 lakh limit) oldest card. Bank is worthless.
Any good credit card in market to make my portfolio stronger?
 
Apply For LTF AU LIT Credit Card
kunalcc said:
I have 8 credit cards at present. I have built credit card portfolio for cashback since 2021. I have good credit score and 5 cards are Lifetime free. I am proud that I extract 10 times return than the annual fees.
  1. SBI Cashback, LTF - for all online spends (1.8 lakh limit)
  2. AXIS Airtel - for utility bills, food delivery and grocery (58k limit)
  3. AXIS Ace - for utility bills and offline spends (shared limit)
  4. Indusind Legend LTF - BOGO movie offer and lounge access (1.4 lakh)
  5. Swiggy HDFC - Food, dining and online spends (75k limit)
  6. HDFC Tata neu plus, LTF - for Rupay UPI spends and lounge access (shared limit)
  7. ICICI Amazon, LTF - for instant discount offer (1.2 lakh)
  8. YES BANK SELECT, LTF - Visa concierge (1 lakh limit) oldest card. Bank is worthless.
Any good credit card in market to make my portfolio stronger?
Click to expand...
How is your journey to ltf sbi cb
 
kunalcc said:
What is MDC? I use Yes Bank by force, I hate this bank like hell
Click to expand...
HumorSimpson

Infinia Post in thread 'HDFC Infinia "requesting" 1.5 lakhs spend per month?'

m4b said:
what is MDC?
Click to expand...
Mithun Da Cycle
mithun_1446633219_640x640.jpg

Which means, for those whose spends are not aligned with smartbuy, infinia will be a cycle the way it shielded Mithun Da above.
  • Haha
  • Wow



. . .
 
Last edited:
kunalcc said:
Unlike Egoistic Bank like AXIS,

SBI rewards valuable customers. If you use SBI card well and pay bills on time, SBI will reward you to make any card LTF.
Click to expand...
I have used sbi cards for 10 years. Still they will not make my simplyclick (forget sbi cashback) LTF. I guess they are kinder to some folks. 🙂 In 10 years, by modest estimation, my spend those cards would be 30+ lakhs.
 
tachniki said:
I have used sbi cards for 10 years. Still they will not make my simplyclick (forget sbi cashback) LTF. I guess they are kinder to some folks. 🙂 In 10 years, by modest estimation, my spend those cards would be 30+ lakhs.
Click to expand...
Please mail SBI customer care or ask SBI customer care on twitter DM to make you card LTF.
 
Thanks for sharing. It's great to keep some good LTF cashback cards and enjoy the benefits.
In my case, I don't have many hotel stays or air travel, so travel and hotel vouchers aren't very useful for me. I've been using Amazon Pay ICICI, Swiggy HDFC, and recently Tata Neu Infinity. The cashbacks and benefits have been really worthwhile.
Additionally, I some times make big-ticket transactions (like 50k+) at the begenning of billing cycles and get up to 40-45 days for bill payment, which is a nice relief. I've never missed any payments or paid any late fees. Overall, cashback cards have been very beneficial for me.
 
Apply For LTF HDFC Swiggy Credit Card
kunalcc said:
Any good credit card in market to make my portfolio stronger?
Click to expand...

helloworld

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

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...
  • Like
  • Thanks
  • Haha

: )
 
HumorSimpson said:
Don't worry, CIBIL will bounce by then. Always keep culling MDCs , so you can apply for better CCs.
Click to expand...

Hey, I've to close one of my CC which is 5 years old, and it is one of the oldest card which I got through F.D. (In SBI)

Now I want to break the FD which can be done only by closing the card, shall I close the card. I am much worried about the CIBIL drop as I read somewhere the score downgrade if the oldest account is closed.
 
gauravbhati said:
Hey, I've to close one of my CC which is 5 years old, and it is one of the oldest card which I got through F.D. (In SBI)

Now I want to break the FD which can be done only by closing the card, shall I close the card. I am much worried about the CIBIL drop as I read somewhere the score downgrade if the oldest account is closed.
Click to expand...
Check ☑️ this on gpay score simulator
 
gauravbhati said:
Hey, I've to close one of my CC which is 5 years old, and it is one of the oldest card which I got through F.D. (In SBI)

Now I want to break the FD which can be done only by closing the card, shall I close the card. I am much worried about the CIBIL drop as I read somewhere the score downgrade if the oldest account is closed.
Click to expand...

anything is temporary and recover in 3 to 6 months. If going for 'only homeloan' then wait till that completes, otherwise 'for PL, Credit Cards etc.' you can safely close it.

If needed check CIBIL score simulator, it only impacts if its the only card you have.. I'm sure you have multiple other cards.

helloworld

Post in thread 'Protecting Cardholders: Why RBI Should Stop Mid-Term Credit Card Devaluation'

Aniket said:
It does also have negative impacts on customer's/ card holder's credit report.

Especially when the devalued card is old card in his report
Click to expand...

It doesn't impact much. You can safely close this not needed card.

Cibil will adopt new card for existing pattern and allocate score to you. Its not one month thing, over time you wont see any changes.

If needed, do check CIBIL score similator for this scenario and observe the changes in score.

Sample scenario:

Its just that, if oldest HDFC says 'you paid your bill on time', then CIBIL will allocate '5 points' because that card has history...
  • Hehe
 
HumorSimpson said:
Check ☑️ this on gpay score simulator
Click to expand...

sure

helloworld said:
anything is temporary and recover in 3 to 6 months. If going for 'only homeloan' then wait till that completes, otherwise 'for PL, Credit Cards etc.' you can safely close it.

If needed check CIBIL score simulator, it only impacts if its the only card you have.. I'm sure you have multiple other cards.
Click to expand...

yaa I do have 15+ cards... I don't need HL right now... just want to free that FD bcoz that card doesn't makes sense now....
 
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