My Credit Card Portfolio Review - Suggestions & Discussion

[dvxine]

HI guys,

Just want to share my expenses along with the credit card I have to know your review on it.

Annual Spending of ₹3,00,000 approx
Amazon: ₹20,000
Flipkart: ₹10,000
Swiggy/Zomato: ₹40,000
Flights/Hotels: ₹10,000
train Ticket: 20,000
Grocery (Offline): ₹80,000
Other Offline Spends: ₹10,000
Dining: ₹5,000
Bills/Utilities: ₹25,000
Insurance: ₹20,000
Children fees: 70,000

I have currently below creditcards

1. Amazon pay (5L limit)
2. One card (4L limit)
3. HDFC Millennia LFT (5L limit)
4. SBI simplyclick (75K limit)
5. Amex MRCC (₹1.4L limit)
6. YES bank kiwi card (4L limit)

All suggestionare welcomed.

 

[k989]

Drop Amex is all I would say. Otherwise you have all the good banks, no need of any more cards. You can freeze your portfolio here only. As you use more, maybe you can upgrade when hdfc or sbi gives you some offers.
In short, I think it is almost perfect

 

[k989]

Drop Amex is all I would say. Otherwise you have all the good banks, no need of any more cards. You can freeze your portfolio here only. As you use more, maybe you can upgrade when hdfc or sbi gives you some offers.
In short, I think it is almost perfect

oh and change one of your credit card to rupay variant. will be useful for upi payments . you already have kiwi. perfect

 

[nh124001]

as per your need : hdfc millennia + hdfc irctc + yes kiwi more than sufficent hai

 

[dvxine]

Should I remove below
1. One card (4L limit): I rarely use it, however it is LTF card.
2. SBI simplyclick: I also use it rarely and it have annual charges, and it is not LTF card.

Obtain Amex MRCC in Jan, 2025, just for try for their rewards point, may be beneficial for next trip.

 

[k989]

onecard- keep it.sometimes good offers are there and ltf too. Sbi -just keep one sbi card, keep this or try to upgrade to cashback card.

Amex-people promote amex mainly because they get commissions/ bonus points. utterly useless for normal people and even travellers. It is ok for only a certain subset of people with a particular spend habit. You will only be wasting renewal charges on amex for your use case.

 

[_deb_]

HI guys,

Just want to share my expenses along with the credit card I have to know your review on it.

Annual Spending of ₹3,00,000 approx
Amazon: ₹20,000
Flipkart: ₹10,000
Swiggy/Zomato: ₹40,000
Flights/Hotels: ₹10,000
train Ticket: 20,000
Grocery (Offline): ₹80,000
Other Offline Spends: ₹10,000
Dining: ₹5,000
Bills/Utilities: ₹25,000
Insurance: ₹20,000
Children fees: 70,000

I have currently below creditcards

1. Amazon pay (5L limit)
2. One card (4L limit)
3. HDFC Millennia LFT (5L limit)
4. SBI simplyclick (75K limit)
5. Amex MRCC (₹1.4L limit)
6. YES bank kiwi card (4L limit)

All suggestionare welcomed.

Looks like HSBC LIV+ should be in your wallet. It will give you 10% CB on grocery and food deliveries. For a fee of 1000+GST you will get back 12000 as per your spending list.

 

[dvxine]

Looks like HSBC LIV+ should be in your wallet. It will give you 10% CB on grocery and food deliveries. For a fee of 1000+GST you will get back 12000 as per your spending list.

If we think to obtain HSBC LIV+, which card should be drop.

I agree with your suggestion, because normally I spend 3-4k on Swiggy zomato.

 

[dvxine]

So let's restructure everything.

Amex MRCC
1. 1500x2 Dmart
2. Likendin premium 1850
3. Amazon pay voucher 1500+, will use in Broadband bill.
4. Child fees: 70000
Total: 150000, approx, fees waiver apply

HSBC liv +
1. Dmart offline 1500/month
2. Swiggy / Zomato: 3000/month
4. Swiggy Instamart: 1000/month
Total: benefit, 5000k in a year, after deduction annual fees.

Sbi Simplyclick ( no use, try to make it LTF)

One card (just for offer)

Kiwi card: UPI usage.

Amazon pay card:
Amazon 20000/year

HDFC millennia:
Train ticket 30000/year
Flipkart 10000/year
Flight/ hotel 10000 year
Insurance 20000 year