Does it make sense for me to keep axis ace open?

[oksomu]

I got the Ace card around 4 months ago and used it regularly as I regularly order food from swiggy. But I recently got the SBI cashback card and completely moved my swiggy purchases there. For my other expenses, I am using my Magnus card. Does it make sense to keep it open? Since it's recent and had a relatively low limit of 1.4L, I think closing it is not going to affect my credit score

 

[Rahul92]

If you were using ACE for swiggy only , then you should definitely close it

 

[BigdeBigde is verified member.]

What about the offline transactions? Despite having SBI Cashback, ACE is my go to card for the flat 2% cashback on the offline transactions.

 

[akshayhs]

ACE is my go to card for the flat 2% cashback on the offline transactions

Same reason I applied for it.

 

[xiddy]

Yeah, I got ACE for the offline spending and the utility payments. Everything else goes on SBI Cashback.

 

[Gautham]

I got the Ace card around 4 months ago and used it regularly as I regularly order food from swiggy. But I recently got the SBI cashback card and completely moved my swiggy purchases there. For my other expenses, I am using my Magnus card. Does it make sense to keep it open? Since it's recent and had a relatively low limit of 1.4L, I think closing it is not going to affect my credit score

dont close it. it's just 590 per year. it's worth it for offline transactions

 

[oksomu]

Thanks for all the input! Even though I don't do a lot of offline spending, I guess it does make sense to keep it for offline spending since annual charges are not too much

 

[Ekavya]

Thanks for all the input! Even though I don't do a lot of offline spending, I guess it does make sense to keep it for offline spending since annual charges are not too much

Now it's 1.5%