Hi All,
I'd love to get some feedback from people here.
This is what my current portfolio looks like :-
I am hoping to get
SBI Phonepe Black - so that I can close HDFC Phonepe since the 5% mcc coverage on it sucks, 1500+GST charge, I will move all spends that give 5% back to this card if approved
Jupiter CSB Edge+ - 10% on sites like Amazon, Flipkart + LTF
Considering
HSBC Liv+ - For 10% on grocery but not worth 1000 +gst a year (the fees doesn't worth it for an extra 5% especially if I can get Edge+)
My yearly spends are somewhere between 3 and 5 lakhs. Most of it is on Groceries, Ordering out, ordering medicines for parents and utilities.. therefore I do not think cards like Infinia can be justified in my particular case. I am honestly wondering how to cover random spends that only give 1-2%, SBI has rejected me multiple times and no other bank has denied me a card.
Should I also consider closing any of the cards? I kind of want to do a hard stop at 10, as it seems to be getting out of control.
Any advice would be helpful, thanks!
I'd love to get some feedback from people here.
This is what my current portfolio looks like :-
| Card | Charges | Usecase |
| HDFC Swiggy Mastercard | LTF | Swiggy/5% on some sites |
| HDFC Regalia Visa | LTF | Oldest card, HDFC Core Card Discounts |
| ICICI Coral Rupay | LTF | ICICI Core card discounts |
| Amazon ICICI | LTF | Amazon, Amazon Fresh, Pharmacy 5% |
| Axis Privelege Amex | LTF | Amex network offers and Axis Core Card discounts |
| Axis FK Visa | LTF | Flipkart 5% |
| Federal Bank Scapia Visa/Rupay | LTF | 0% Forex |
| IDFC Wow Visa | FD | 0% Forex + Rewards + IDFC Core card discounts |
| HDFC Phonepe Ultimo Rupay | FYF | Utilities + 5% on some sites |
I am hoping to get
SBI Phonepe Black - so that I can close HDFC Phonepe since the 5% mcc coverage on it sucks, 1500+GST charge, I will move all spends that give 5% back to this card if approved
Jupiter CSB Edge+ - 10% on sites like Amazon, Flipkart + LTF
Considering
HSBC Liv+ - For 10% on grocery but not worth 1000 +gst a year (the fees doesn't worth it for an extra 5% especially if I can get Edge+)
My yearly spends are somewhere between 3 and 5 lakhs. Most of it is on Groceries, Ordering out, ordering medicines for parents and utilities.. therefore I do not think cards like Infinia can be justified in my particular case. I am honestly wondering how to cover random spends that only give 1-2%, SBI has rejected me multiple times and no other bank has denied me a card.
Should I also consider closing any of the cards? I kind of want to do a hard stop at 10, as it seems to be getting out of control.
Any advice would be helpful, thanks!
