Need a credit card for misc spends

[gopalkaul]

I currently hold the following cards

• Millenia LTF 3L limit(hdfc imperia with father, salary 1LPM, corporate tie up with HDFC. Could get regalia gold but didn't take as I don't travel)
• Tata Neu Infinity, FYF, shared Limit. Use it for UPI spends, will cancel it this year end if they don't make it ltf
• SBI BPCL Octane(1.3 L limit) paid first year, already spent 3 Lakh on it this FY, sent a mail to make it LTF, hope it works out(less than 1 year old). Have 4 vehicles at home. Use it for all petrol spends
• AU Lit, LTF, 1L Limit. Taken just for discounts
• Idfc millenia 1L Limit LTF, taken for RSA
• OneCard, 20k Limit, no FD, LTF. Use it for all nearby transactions , Use the 10% everytime and milk it out

Spends -

• 7k utilities, like mobile bills and electricity bill(using Millenia with Amazon pay vouchers for this)
• Shopping of around 8 to 10k groceries(OneCard is used for this)
• Fuel around 7k for 3 vehicles
• Swiggy vouchers -1k approx(millenia)
• LIC payment- 3k every 3 months

What I need a card for-
I sometimes get random misc payments, like last month I had to pay for family insurance, spent 1.5 Lakh. Used hdfc millenia to get the milestone benefits, but didn't even get the whole 1%, not that great.
I have 50k payment coming up for my LIC, thrn I want to buy a cult pass(might use Tata Neu Infinity), I have to buy an action camera from the US, so 40000 would go there
Not sure which card to use for such transactions
I don't travel, like not at all maybe once in 5 to 6 years, would prefer hard cashback over this.
I have an offer for MRCC, but I don't see the appeal for it.
Willing to switch saving account to get a good CC too, I would retain imperia status because of family TRV

Looking for suggestions from you folks! What card to add for such expenses?

 

[drsel]

Apply for SBI cashback and Airtel

 

[Anindya98]

Airtel Axis/Ace for utilities
SBI CB for all online spends except a few mentioned categories

I sometimes get random misc payments, like last month I had to pay for family insurance, spent 1.5 Lakh. Used hdfc millenia to get the milestone benefits, but didn't even get the whole 1%, not that great.

get ICICI Amazon Pay for a flat 1% CB for most of the non-rewarding categories

I have to buy an action camera from the US, so 40000 would go there

Use SBI CB

I have 50k payment coming up for my LIC,

Use Amazon GV

 

[gopalkaul]

Apply for SBI cashback and Airtel

Why SBI CB? I already have the Millenia, right? How would that help?

 

[gopalkaul]

Airtel Axis/Ace for utilities
SBI CB for all online spends except a few mentioned categories

get ICICI Amazon Pay for a flat 1% CB for most of the non-rewarding categories

Use SBI CB

Use Amazon GV

For utilities, wont Millenia and Amazon Pay GV suffice like right now?
ICICI keeps rejecting me for some reason 🥲

Does SBI CB give cashback on international transactions too?

 

[Ehtasham_123]

For utilities, wont Millenia and Amazon Pay GV suffice like right now?
ICICI keeps rejecting me for some reason 🥲

Does SBI CB give cashback on international transactions too?

Get Axis Ace and pay via Google Pay, 5% cashback for mobile recharge and Electricity bills

 

[gopalkaul]

Get Axis Ace and pay via Google Pay, 5% cashback for mobile recharge and Electricity bills

Guys, for that, Millenia plus Amazon Pay GV already gives me 5%

Could you help me with Misc spends like Cult Fit, insurance payment and international transaction of around 70 80k?

 

[Anindya98]

Why SBI CB? I already have the Millenia, right? How would that help?

SBI CC has 5000 CB limit per month and most of the online platform is available for CB unlike Millenia selected merchants up to 1000 per month

For utilities, wont Millenia and Amazon Pay GV suffice like right now?

using Airtel Axis for the utility you get 250 CB per month for up to 2500 bill payments and Airtel recharges 25% up to 250
Ace is also beneficial for utility payments and recharge

ICICI keeps rejecting me for some reason 🥲

Apply offline via an agent by submitting your income documents. ICICI is very picky while giving CC. DM me I can help you with this

Does SBI CB give cashback on international transactions too?

Yes

 

[Anindya98]

Could you help me with Misc spends like Cult Fit, insurance payment and international transaction of around 70 80k?

Every month's Insurance amount?
Cult Fit & International Spends use SBI CB

 

[gopalkaul]

SBI CC has 5000 CB limit per month and most of the online platform is available for CB unlike Millenia selected merchants up to 1000 per month

using Airtel Axis for the utility you get 250 CB per month for up to 2500 bill payments and Airtel recharges 25% up to 250
Ace is also beneficial for utility payments and recharge

Apply offline via an agent by submitting your income documents. ICICI is very picky while giving CC. DM me I can help you with this

Yes

Thanks, should I keep Millenia or cancel it? Wanted to try to upgrade to Regalia Gold, but seems useless, however, I do want DCB if possible someday

No airtel numbers at home, would it still be good to get for electricity bills? So far getting 5% using Millenia GV route

PMing you for ICICI

 

[gopalkaul]

Every month's Insurance amount?
Cult Fit & International Spends use SBI CB

One insurance is 3k every 3 months, and I have an LIC payment for 60k every year, and next year there will be another 1-1.5 lakh life insurance payment
How much would I get if I use SBI CB for Cult Fit?
Won't my Tata Neu Infinity fetch me any rewards, since Tata group of companies?

Finally, using this card on Best Buy/Walmart(SBI CB), would i still get cashback? OneCard has zero forex, plus I have Fi account, that Debit Card also has zero forex, but does SBI CB also have 0 forex?

 

[Anindya98]

Thanks, should I keep Millenia or cancel it? Wanted to try to upgrade to Regalia Gold, but seems useless, however, I do want DCB if possible someday

Don't cancel Millenia as it's a core HDFC card you can close Infinity if not needed. Millenia Paid? try to convert it to LTF.

No airtel numbers at home, would it still be good to get for electricity bills? So far getting 5% using Millenia GV route

Take Ace else continue with Millenia no problem

One insurance is 3k every 3 months,

Use GV with SBI CB/ Millenia

I have an LIC payment for 60k every year, and next year there will be another 1-1.5 lakh life insurance payment

try buying GV every month or use Apay for 1% or 2% CB

How much would I get if I use SBI CB for Cult Fit?

5% CB

Finally, using this card on Best Buy/Walmart(SBI CB), would i still get cashback? OneCard has zero forex, plus I have Fi account, that Debit Card also has zero forex, but does SBI CB also have 0 forex?

Yes
No SBI CB has forex charge

 

[Animesh67]

I currently hold the following cards

• Millenia LTF 3L limit(hdfc imperia with father, salary 1LPM, corporate tie up with HDFC. Could get regalia gold but didn't take as I don't travel)
• Tata Neu Infinity, FYF, shared Limit. Use it for UPI spends, will cancel it this year end if they don't make it ltf
• SBI BPCL Octane(1.3 L limit) paid first year, already spent 3 Lakh on it this FY, sent a mail to make it LTF, hope it works out(less than 1 year old). Have 4 vehicles at home. Use it for all petrol spends
• AU Lit, LTF, 1L Limit. Taken just for discounts
• Idfc millenia 1L Limit LTF, taken for RSA
• OneCard, 20k Limit, no FD, LTF. Use it for all nearby transactions , Use the 10% everytime and milk it out

Spends -

• 7k utilities, like mobile bills and electricity bill(using Millenia with Amazon pay vouchers for this)
• Shopping of around 8 to 10k groceries(OneCard is used for this)
• Fuel around 7k for 3 vehicles
• Swiggy vouchers -1k approx(millenia)
• LIC payment- 3k every 3 months

What I need a card for-
I sometimes get random misc payments, like last month I had to pay for family insurance, spent 1.5 Lakh. Used hdfc millenia to get the milestone benefits, but didn't even get the whole 1%, not that great.
I have 50k payment coming up for my LIC, thrn I want to buy a cult pass(might use Tata Neu Infinity), I have to buy an action camera from the US, so 40000 would go there
Not sure which card to use for such transactions
I don't travel, like not at all maybe once in 5 to 6 years, would prefer hard cashback over this.
I have an offer for MRCC, but I don't see the appeal for it.
Willing to switch saving account to get a good CC too, I would retain imperia status because of family TRV

Looking for suggestions from you folks! What card to add for such expenses?

Take SBI CB & Axis ACE

 

[helloworld]

For your 5L spends max. 3 to 5 cards enough..

Note: If you use other cards for your 10% discounts, you won't spend much on core cards which reduces your chances to upgrade better cards in that bank or getting super premium cards.

Fuel itself 1L+ requirement, so you can only spend 4L in other cards which need max. 3 cards, IMO for better rewards, management and able to get better cards in those banks by improving relationship as constant spends.

Fuel: Continue SBI Octane for your 1L+ spends (careful 2L needed for fee waiver)

Onecard: already taking 1-1.5L+ spends for 10% discount with only 20k limit

Alt: Grocery, Dining gets 10% with HSBC cashback.

Remining utility, food vouchers, shopping vouchers can use on HDFC Millennia (6%+ returns with proper usage) and can get better upgrade in future if you need those super premium cards.

// Remaining all cards if attract any spends then you won't spend much on these cards which reduces your chances on
.. better limit
.. better relationship to get higher cards

 

[gopalkaul]

For your 5L spends max. 3 to 5 cards enough..

Note: If you use other cards for your 10% discounts, you won't spend much on core cards which reduces your chances to upgrade better cards in that bank or getting super premium cards.

Fuel itself 1L+ requirement, so you can only spend 4L in other cards which need max. 3 cards, IMO for better rewards, management and able to get better cards in those banks by improving relationship as constant spends.

Fuel: Continue SBI Octane for your 1L+ spends (careful 2L needed for fee waiver)

Onecard: already taking 1-1.5L+ spends for 10% discount with only 20k limit

Alt: Grocery, Dining gets 10% with HSBC cashback.

Remining utility, food vouchers, shopping vouchers can use on HDFC Millennia (6%+ returns with proper usage) and can get better upgrade in future if you need those super premium cards.

// Remaining all cards if attract any spends then you won't spend much on these cards which reduces your chances on
.. better limit
.. better relationship to get higher cards

If I use OneCard, where would I use HSBC Cashback? I dine out rarely, and the max I spend on dining is not even 1000 per month

 

[helloworld]

If I use OneCard, where would I use HSBC Cashback? I dine out rarely, and the max I spend on dining is not even 1000 per month

shopping of around 8 to 10k groceries(OneCard is used for this)

this . .

 

[gopalkaul]

this . .

But isn't OneCard LTF? Why not milk it until it's there?

 

[helloworld]

as mentioned, its an alternative. In anycase you don't need additional card for misc spends, IMO.

But isn't OneCard LTF? Why not milk it until it's there?

Thread 'Maximize Your Rewards: Credit Cards with Quarterly and Annual Milestones'

Aug 28, 2022

When there is no credit card offer and I want to purchase something, I usually use card with high reward rate. But by doing this I often missed the opportunity to get more reward rate with Quarterly/Annual milestone benefits with other cards.

It's like I use card with 3.3% reward rate compared to 1.2% because I get instant high reward rate but if I waited and when crossed certain spends on that low 1.2%, it can give me 6.2%.

In this post, I try to gather or know about certain cards which provides better reward rate with Quarterly/Annual milestone benefits.

Note: Ignored monthly...

• helloworld
• Replies: 62
• Forum: Credit Card - General

• 

 

[CCnerd10]

I currently hold the following cards

• Millenia LTF 3L limit(hdfc imperia with father, salary 1LPM, corporate tie up with HDFC. Could get regalia gold but didn't take as I don't travel)
• Tata Neu Infinity, FYF, shared Limit. Use it for UPI spends, will cancel it this year end if they don't make it ltf
• SBI BPCL Octane(1.3 L limit) paid first year, already spent 3 Lakh on it this FY, sent a mail to make it LTF, hope it works out(less than 1 year old). Have 4 vehicles at home. Use it for all petrol spends
• AU Lit, LTF, 1L Limit. Taken just for discounts
• Idfc millenia 1L Limit LTF, taken for RSA
• OneCard, 20k Limit, no FD, LTF. Use it for all nearby transactions , Use the 10% everytime and milk it out

Spends -

• 7k utilities, like mobile bills and electricity bill(using Millenia with Amazon pay vouchers for this)
• Shopping of around 8 to 10k groceries(OneCard is used for this)
• Fuel around 7k for 3 vehicles
• Swiggy vouchers -1k approx(millenia)
• LIC payment- 3k every 3 months

What I need a card for-
I sometimes get random misc payments, like last month I had to pay for family insurance, spent 1.5 Lakh. Used hdfc millenia to get the milestone benefits, but didn't even get the whole 1%, not that great.
I have 50k payment coming up for my LIC, thrn I want to buy a cult pass(might use Tata Neu Infinity), I have to buy an action camera from the US, so 40000 would go there
Not sure which card to use for such transactions
I don't travel, like not at all maybe once in 5 to 6 years, would prefer hard cashback over this.
I have an offer for MRCC, but I don't see the appeal for it.
Willing to switch saving account to get a good CC too, I would retain imperia status because of family TRV

Looking for suggestions from you folks! What card to add for such expenses?

I would suggest you to get some milestone based credit card for these misc spends. Like you can get the Amex Platinum Travel. On completing 4L milestone on this card in an year you will get 10k Taj Voucher and 48k MR points which can be redeemed in various ways but since you say you don’t travel much, in easier terms these 48k MR translate to 16k Amazon GV which is like 4% return on total spend and a Taj GV but it can only be used for stays and dining or spa combined and not for dining or spa separately.

Also for fuel I’d suggest getting Amex MRCC. Park plus IOCL vouchers using MRCC give the best return than any other fuel card and believe me i have 6 other fuel cards but i only use them after i have exhausted my MRCC and Gold charge 6k spend. You get 2% cashback in parkplus wallet and 1000 MR points so for 6k that would be like 250 in terms of cashback in your card and 120 in parkplus wallet. Also you get the IOCL xtrarewards but that is like very less so i will ignore that. So this translates to over 6% cash back which in my opinion is way better than any other card out there and plus you have the option to use those MR for various other redemption options.

 

[helloworld]

I would suggest you to get some milestone based credit card for these misc spends. Like you can get the Amex Platinum Travel. On completing 4L milestone on this card in an year you will get 10k Taj Voucher and 48k MR points which can be redeemed in various ways but since you say you don’t travel much, in easier terms these 48k MR translate to 16k Amazon GV which is like 4% return on total spend and a Taj GV but it can only be used for stays and dining or spa combined and not for dining or spa separately.

Also for fuel I’d suggest getting Amex MRCC. Park plus IOCL vouchers using MRCC give the best return than any other fuel card and believe me i have 6 other fuel cards but i only use them after i have exhausted my MRCC and Gold charge 6k spend. You get 2% cashback in parkplus wallet and 1000 MR points so for 6k that would be like 250 in terms of cashback in your card and 120 in parkplus wallet. Also you get the IOCL xtrarewards but that is like very less so i will ignore that. So this translates to over 6% cash back which in my opinion is way better than any other card out there and plus you have the option to use those MR for various other redemption options.

OP has overrall 5L spends (at max.) and in that 1-1.5L+ spends on 10% using Onecard. Not sure will complete milestone because unless card should accept wherever OP trying to transact without any issues and it should be literally everywhere.

Fuel (again this occupies atleast 1L+ spends, so travel card needs extra 2L+ spends every year to achieve milestone if we ignore both), 6% directly getting through Octane, and ok with existing BPCL fuel station with redemption (hoping since spent 3L on this card), can get as statement credit if we want. And if used MRCC then have to spend extra on travel card to achieve milestone. And it should be accepted in that fuel station and have to deal with 20K every month (but OP has only 7k real spend requirement without any strech).

IMO, can be ok to use millennia for online vouchers to get 6% (if plan well to accumulate vouchers to pay for insurance, utility bills, etc.) but yes, these spends can divert to MRCC but as mentioned it needs 20k spends every month to get 5% otherwise returns low (not recommended for one-time payments).