Makes sense to get a paid SC Ultimate? (Already have LTF DCB and LTF Eterna)

[spatone]

Hi team,

My paid card portfolio currently stands as:-

1. AmEx MRCC (Used for monthly rewards)
2. AmEx Platinum Travel (Used for one time large purchases)
3. SC Manhattan (Used for 5% cashback on grocery, but hardly hit the renewal fee waiver spends)
4. Axis Ace (Used for all the places where AmEx Plat Travel and HDFC DCB are not accepted)
5. Citi Indian Oil (Very easy to reach fee reversal with fuel alone)
6. SBI SimplyClick (Used for SBI offers mostly)

I already have two supposedly Super Premium cards HDFC DCB (used for offline spends) and BoB Eterna (used for online spends).

My strategy going forward will be surrendering Axis Ace, SC Manhattan and SBI Simplyclick, and get the SC Ultimate instead. I will be using the SC Ultimate at all the offline places where my DCB / AmEx is not accepted. My Questions are:

1. Does this makes sense? I feel my portfolio is already cluttered and reducing the number of paid cards is only going to make it better
2. I will get renewal benefits on SC Ultimate every year even if I am unable to hit any milestones?

 

[ashwinkashwink is verified member.]

Anyway apart from ultimate , there’s nothing lucrative about their other cards

Yeah that's true.

 

[BMR]

Off topic. Which is the best credit card ( not super premium) that gives the maximum cashback for online spends everywhere.

I usually get 1 percent cashback for such spends , so thinking what would be a better card to use for such spends. Now that sc ultimate is out of the reach , I am looking for other options.

 

[Gautham]

Off topic. Which is the best credit card ( not super premium) that gives the maximum cashback for online spends everywhere.

I usually get 1 percent cashback for such spends , so thinking what would be a better card to use for such spends. Now that sc ultimate is out of the reach , I am looking for other options.

SC smart and Axis Ace.

 

[BMR]

SC smart and Axis Ace.

Thanks, yeah axis ace has 2% cashback. have axis Flipkart which has 1.5% and they are upgrading me to select.

I guess I should just stick to axis Flipkart or else I will lose out on 5 % Myntra and flipkart cashbacks.

 

[Cryptopsycho]

Thanks, yeah axis ace has 2% cashback. have axis Flipkart which has 1.5% and they are upgrading me to select.

I guess I should just stick to axis Flipkart or else I will lose out on 5 % Myntra and flipkart cashbacks.

i would suggest until you are getting Ace, no point losing out on Flipkart! 1.5% everywhere and 5% on Flipkart n Myntra are pretty good rewards!!

 

[Gautham]

i would suggest until you are getting Ace, no point losing out on Flipkart! 1.5% everywhere and 5% on Flipkart n Myntra are pretty good rewards!!

If you dont have 3 cards yet, just straightaway ask for Ace. Ace > Select to me.

 

[BMR]

Thanks for your feedback @Gauthama But will ace give me 5 percent on flipkart and Myntra ? I shop a lot on myntra, close to 10k every month and occasionally on flipkart too.

 

[ujjawal]

Thanks for your feedback @Gauthama But will ace give me 5 percent on flipkart and Myntra ? I shop a lot on myntra, close to 10k every month and occasionally on flipkart too.

You can buy Myntra gift cards from https://www.woohoo.in/myntra-e-gift-card-voucher , they give direct 5% discount so need to wait for cashback. If you use ACE card your effective cashback will be 7%, which is better than Flipkart card.

 

[Gautham]

Thanks for your feedback @Gauthama But will ace give me 5 percent on flipkart and Myntra ? I shop a lot on myntra, close to 10k every month and occasionally on flipkart too.

If you shop a lot on myntra, get SC Digismart card which offers 20% upto 700 every month. Upto 5000 spends means ur monthly fee is waived. Remaining 5000 purchase with flipkart card.
You should be getting ace/fk/digismart/smart all 4 cards. I have all 4 and i get immense benefits from all 4.

 

[BMR]

You can buy Myntra gift cards from https://www.woohoo.in/myntra-e-gift-card-voucher , they give direct 5% discount so need to wait for cashback. If you use ACE card your effective cashback will be 7%, which is better than Flipkart card.

Never knew about woohoo. This is indeed very helpful. Thanks @ujjawal

 

[Gautham]

Never knew about woohoo. This is indeed very helpful. Thanks @ujjawal

Since u have huge spends of 10k/month for a 5% discount, dont restrict yourself by buying gift vouchers. Myntra always have 10% discount with one or other bank on a min 3k transaction. So consider your min transaction per purchase and decide yourself.

 

[Gautham]

If you shop a lot on myntra, get SC Digismart card which offers 20% upto 700 every month. Upto 5000 spends means ur monthly fee is waived. Remaining 5000 purchase with flipkart card.
You should be getting ace/fk/digismart/smart all 4 cards. I have all 4 and i get immense benefits from all 4.

Sorry forgot that SC card problem for you.

 

[BMR]

Since u have huge spends of 10k/month for a 5% discount, dont restrict yourself by buying gift vouchers. Myntra always have 10% discount with one or other bank on a min 3k transaction. So consider your min transaction per purchase and decide yourself.

Another discovery for me. I thought the bank discounts on Myntra are applicable only on purchase of merchandise. D-)

 

[BMR]

Sorry forgot that SC card problem for you.

I know but I feel like applying for it still. Who knows if it gets approved. Does it create a dent in your cibil when a card is rejected ? I am ok with 1 hard enquiry though.

 

[Harry1]

Never knew about woohoo. This is indeed very helpful. Thanks @ujjawal

Few days back Paytm was giving 15% cb on Myntra vouchers. Now it is 10%. Plus 3% card cashback, if u have Paytm Citi card.