How to manage your credit cards : Tracking credit card important details, bill payment status, targeted offers

[TechnoFinoTechnoFino is verified member.]

If you have one or two credit cards, then managing those cards are not that difficult. But what if you have more than 5 credit cards?
In this case, I'd recommend you to maintain some Excel sheets for managing all your credit cards properly.
I personally maintain 3 excel sheets for managing all my 40 credit cards.

1. For tracking credit cards important details
2. For racking credit card bill payment tracking
3. For tracking spend-based offer

I'm uploading my excel sheet format here. You can download and use it if you want.

And don't forget to watch this video -

 

[SC_23]

BTW if someone has multiple cards does he still have to maintain 30% utilization on each card or 30% on total credit limit?
Like someone has 2 card with limit 1 lakh each so total limit comes down to 2 lakhs
So if he spends 60k on card A and 0 on card B will this effect credit score in negative way as its only 30% of total credit limit or one should spend according to per card basis ?

 

[vaibhav111vaibhav111 is verified member.]

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BTW if someone has multiple cards does he still have to maintain 30% utilization on each card or 30% on total credit limit?
Like someone has 2 card with limit 1 lakh each so total limit comes down to 2 lakhs
So if he spends 60k on card A and 0 on card B will this effect credit score in negative way as its only 30% of total credit limit or one should spend according to per card basis ?

total credit limit , as your limit increases the ratio will come down (assuming card c has zero spend)or just pay before the bill generate

 

[SC_23]

total credit limit , as your limit increases the ratio will come down (assuming card c has zero spend)or just pay before the bill generate

Cool looks like now I wont have to worry about making pre payment to maintain credit limit anymore on my primary card.

 

[AsB]

Suggestion to the app that I built

I generally build websites during my free time. So, I decided to digitize the card management system. Here are a few snapshots of what I did so far. I would like some suggestions ? Also, I have not hosted into the server, so no one can access this app at the moment, but if I do so, and if you...

www.technofino.in

Give your suggestions on the above forum

 

[AsB]

Update - A sample website is now live :-

Welcome | E-Wallet

card-reminder-nodejs.herokuapp.com

It is only for a limited time (maybe 2 months), as it will self-destruct the website after the free tier expires.

 

[Sreerag]

Update - A sample website is now live :-

Welcome | E-Wallet

card-reminder-nodejs.herokuapp.com

It is only for a limited time (maybe 2 months), as it will self-destruct the website after the free tier expires.

Tried... Very good website and does the job perfectly....

 

[rjsudeep]

@TechnoFino How many years did it take for you to acquire 40 credit cards?

 

[DISHANT]

ANYTHING I MISSED? EXCEPT TARGETED? @TechnoFino @Subhankar

 

[deep@vie]

BTW if someone has multiple cards does he still have to maintain 30% utilization on each card or 30% on total credit limit?
Like someone has 2 card with limit 1 lakh each so total limit comes down to 2 lakhs
So if he spends 60k on card A and 0 on card B will this effect credit score in negative way as its only 30% of total credit limit or one should spend according to per card basis ?

yes

 

[SubhankarSubhankar is verified member.]

ANYTHING I MISSED? EXCEPT TARGETED? @TechnoFino @Subhankar

There's a new thing coming soon from our end. It'd reduce the manual work a lot 😉

 

[DISHANT]

There's a new thing coming soon from our end. It'd reduce the manual work a lot 😉

Looks like @TechnoFino dada is next Kunal Shah & @Subhankar da will be product head 🤩🫣
App Name would be Trekt

 

[Patil007]

Not able to see Excel. Please provide link to download

 

[DISHANT]

Not able to see Excel. Please provide link to download

Not able to see Excel. Please provide link to download

No excel required. Soon Team will give effortless solutions.

 

[Jhon Anand]

1. Your uses till month end (not according to any bill cycle).
2. Combined spends


Maximum bank adjust accordingly (example- icici)

SBI CC told me that they will consider only bill amount of last 12 months for waiver on phone

 

[greenmail007]

Hey. Thanks for share....,

 

[NAVCHAHAL30]

That's CIBIL reporting date, to know more (in-depth info), watch this video -
And follow this thread- https://www.technofino.in/community/threads/credit-card-cibil-reporting-date.375/

Hello Sir,

Can you please tell me the formula of excel sheet how to check the HDFC regalia upi spend rewards.
It’s very hard for me to calculate before spending.
Here I have attached my recent statement screenshot.

 

[Dr Rahul Jaic Sam]

Anyone managing their cards, RPs and loyalty programs using savesage club app and took their consultation service? Suggest if the paid version can be tried.