Credit Card Portfolio Suggestions for Optimization

[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?