Credit Card Portfolio Suggestions for Optimization

[Gownandha]

Hello everyone,

I’m seeking advice on optimizing my credit card portfolio and building a strong set of cards for my needs. Here’s a quick overview of my spending patterns and preferences:

Spending Patterns:
- UPI Transactions: ₹1-3L per month
- Online Shopping: ₹1-2L per month (mostly on Amazon and Flipkart)
- Occasional Money Rotation: ₹2-4L per month for short-term financial needs

Preferences:
I prefer lifetime free credit cards, but I’m open to cards with fees if the benefits outweigh the cost. Looking for a mix of upgrades and new card applications to better suit my spending habits. Need atleast one card with international lounge access(1-2 per year should be enough)

Current Credit Cards: ( all are LTF except hdfc UPI)
1. Flipkart Axis Bank
2. Axis MyZone
3. HDFC Millennia
4. HDFC UPI Credit Card
5. HDFC Pixel Visa
6. HDFC Pixel RuPay
7. HDFC IOCL Add-On Card
8. IDFC Millennia
9. ICICI Amazon Pay
10. ICICI Coral Visa
11. ICICI Coral RuPay
12. South Indian Bank OneCard
13. Kotak League
14. IndusInd Legend
15. Kiwi Yes Bank

Planned Applications:
- AU Small Finance Bank IXIGO Card
- HDFC Tata Neu Infinity Card

Request for Suggestions:
1. Closures: Which of my current cards should I consider closing due to overlapping benefits or limited utility?
2. Upgrades: Which cards should I try upgrading for better features and higher limits?
3. New Cards: Are there any other credit cards I should apply for that align with my spending habits (UPI, online shopping, International lounge access, or financial needs)?
4. Optimization: Any advice on how to streamline my portfolio for maximum rewards, benefits, and overall usability?

I’d greatly appreciate your input and suggestions. Looking forward to hearing from the experts here!

Thank you!

 

[Gownandha]

Search address change trick for amex in this site. U will understand

Sure. Will try that

 

[anup.mahaswari]

Amex not covered in my location it seems. Any other suggestions bro.

My view is that you seem to have too many cards. This would lead to banks not increasing limits or offering upgrades because of total value of credit limit.

You can try to close a bunch of cards which do not bring any special benefits. This will impact credit score in the short term but will be needed to get to better cards in a years time.

Also, you can try visiting a local branch (if available in your rural location) for HDFC/Axis and see if a large deposit leads to branch manager pushing for a higher value card (preferably Infinia or Atlas but a Regalia might also be a good step).

 

[Gownandha]

My view is that you seem to have too many cards. This would lead to banks not increasing limits or offering upgrades because of total value of credit limit.

You can try to close a bunch of cards which do not bring any special benefits. This will impact credit score in the short term but will be needed to get to better cards in a years time.

Also, you can try visiting a local branch (if available in your rural location) for HDFC/Axis and see if a large deposit leads to branch manager pushing for a higher value card (preferably Infinia or Atlas but a Regalia might also be a good step).

Thank you.
I am planning to close HDFC UPI card. Based on usage in future maybe i can close Kotak league as well. Other cards have some unique features i regularly use. Cibil is 776. Now I have credit cards from 8 banks. From that I am looking to upgrade to premium cards. Any other suggestions bro?

 

[sidpsidp is verified member.]

give me review

Definitely not . Stop spamming.