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Need suggestion to optimize my credit card portfolio

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Nishan11

Nishan11

TF Ace
VIP Lounge
My current card portfolio:-

Axis Airtel : Limit 10 L ( Paid )

Axis Atlas :- Limit 10 L ( Paid )

Axis Privilege :- 10 L ( Closed after creating this thread)

Icici Amazon :- Limit 10 L ( LTF )

Sbi simply click :- Limit 4.7 L ( LTF )

Sbi Vistara:- 3.7 L ( Closed after creating this thread )

Hdfc Tata Neu infinity :- Limit 5 L ( LTF )

ICICI MMT SIGNATURE : Limit 10 L ( Paid JF, now LFT )

Icici Platinum :- 10 L ( Closed after creating this thread )

KOTAK PVR INOX :- Limit 2.10 L ( LTF )

BOB Eterna :- Limit 3 L ( Paid )

Bob Snapdeal :- 3 L ( Closes after creating this thread )

PNB Rupay Select :- 2 L

ICICI EMERALDE PVC :- 10 L

ICICI EMERALDE METAL :- 23 L

IDFC VISTARA :- 5 L

HDFC MARRIOTT BONVOY :- 5 L


Note :- During closing of Hdfc Tata Neu & Marriott, I gave them reason of not getting DCB upgrade. They got back to me & accepted my request for FYF DCB Metal. 🥳





Spouse credit card :-

1. HDFC Infinia Metal :- 21L ( Paid )

2. Axis Vistara Signature:- 15 L ( Paid )

3. Amex Platinum Travel:- 8 L ( Paid )

4. SBI Elite :- 7 L ( LTF )

Icici & axis have created multiple accounts in cibil because I have taken their multiple cards. And some cards don't add value anymore in my opinion.

I am considering closing, Kotak PVR, IDFC Vistara, SBI Vistara, Icici Mmt-platinum-sapphiro, Emeralde PVC.

Any suggestion or advise will be appreciated. Planning to do by this year.
 
Last edited:
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helloworld

Thread 'Guide to suggest a credit card - Basic requirements'

How to Choose the Right Credit Card for You

Simply looking at your CIBIL score or listing your existing cards won't help determine the most suitable credit card for you. To make an informed choice, you need to consider various factors.

Key Steps to Select a Credit Card:​

  1. Identify Your Spending Categories

    Look at your monthly or annual expenses and categorize them. This will help determine which card gives the best rewards for your spending pattern.

    Example:
    • Amazon: ₹5,000
    • BigBasket: ₹5,000
    • Offline Grocery: ₹10,000...
  • Like
  • Thanks
  • Haha

: )

On paper based on the list, close:

- Axis Privilege
- Axis Airtel
- ICICI Platinum
- ICICI MMT
- Bob Eterna
- ICICI Emeralde whichever paid
- SBI SimplyClick
- Kotak PVR INOX
- Any 2 Vistara Cards
---------------

+ ICICI AmazonPay
+ HDFC TataNue

These 10 cards are perfect for travel related redemption..

Axis Atlas
Sbi SimplyClick
ICICI Sapphiro
BOB Snapdeal
PNB Rupay Select
HDFC Marriott
HDFC Infinia Metal
Axis Vistara Signature
Amex Platinum Travel
SBI Elite

Keep your spouse cards, those are good and works for travel redemption related spends.
 
Last edited:
Nishan11 said:
Need to close 50% at least.

Kindly suggest 😊
Click to expand...
- Consider closing either ICICI EPM or Emeralde PVC, holding both doesn't have value unless you use the benefits associated with both the cards.
- You can consider closing Axis Privilege, SBI Vistara (As you hold IDFC Vistara Already), ICICI MMT (even though its LTF), SBI Simplyclick (As you wife have Elite), BOB Snapdeal.

These are my suggestions, but your use cases might be different. My strategy is even though we hold paid cards we have to extract value from it instead of holding LTF cards.
 
BVC said:
- Consider closing either ICICI EPM or Emeralde PVC, holding both doesn't have value unless you use the benefits associated with both the cards.
- You can consider closing Axis Privilege, SBI Vistara (As you hold IDFC Vistara Already), ICICI MMT (even though its LTF), SBI Simplyclick (As you wife have Elite), BOB Snapdeal.

These are my suggestions, but your use cases might be different. My strategy is even though we hold paid cards we have to extract value from it instead of holding LTF cards.
Click to expand...
Emeralde pvc I will definitely close.
EPM I will keep for 1 year at least.

Yes I can close axis privilege, sbi vistara, icici mmt, Platinum & snapdeal.

Keeping SimplyClick as it was my first card.
 
  • Like
Reactions: BVC
Pissant said:
Close:

Axis Airtel
Axis Privilege
HDFC Tata Neu
Kotak PVR
SBI Vistara
BOB Eterna
ICICI Emeralde Plastic
ICICI Emeralde Metal
IDFC Vistara
HDFC Marriott Bonvoy
Click to expand...
Privilege I will definitely close.
Airtel I am unsure as my whole family use airtel mobile & fiber.
Tata neu I will consider closing.
Kotak I can definitely close.
Sbi vistara I will definitely close.
Eterna I will keep as it's rupay variant & I use for upi.
Emeralde pvc I will close
EPM I will keep for a year at least.
Idfc vistara I will close after crossing next voucher milestone next month.
Marriott bonvoy is useful for me as it's not high cost card & I stay at Marriott properties during travel.


Thank you for your suggestion.
 
Nishan11 said:
Privilege I will definitely close.
Airtel I am unsure as my whole family use airtel mobile & fiber.
Tata neu I will consider closing.
Kotak I can definitely close.
Sbi vistara I will definitely close.
Eterna I will keep as it's rupay variant & I use for upi.
Emeralde pvc I will close
EPM I will keep for a year at least.
Idfc vistara I will close after crossing next voucher milestone next month.
Marriott bonvoy is useful for me as it's not high cost card & I stay at Marriott properties during travel.


Thank you for your suggestion.
Click to expand...
For Airtel just use Infinia to buy Amazon GV and purchase annual plans on every device.

Is Eterna really worth the fess in upi rewards?

I have MB HDFC myself and I love it. But I asked you to close it since you could maybe get a HDFC Core Card after you close tata and mb.
 
Nishan11 said:
Privilege I will definitely close.
Airtel I am unsure as my whole family use airtel mobile & fiber.
Tata neu I will consider closing.
Kotak I can definitely close.
Sbi vistara I will definitely close.
Eterna I will keep as it's rupay variant & I use for upi.
Emeralde pvc I will close
EPM I will keep for a year at least.
Idfc vistara I will close after crossing next voucher milestone next month.
Marriott bonvoy is useful for me as it's not high cost card & I stay at Marriott properties during travel.


Thank you for your suggestion.
Click to expand...

airtel can be compensated with Infinia, Atlas, other milestone cards with you (same with ICICI APay, not much useful IMO for you).
compared to eterna, snapdeal is better for UPI and reduced fee.
 
Nishan11 said:
My current card portfolio:-

Axis Airtel : Limit 10 L ( Paid )

Axis Atlas :- Limit 10 L ( Paid )

Axis Privilege :- Limit 10 L ( Paid )

Icici Amazon :- Limit 10 L ( LTF )

Sbi simply click :- Limit 4.7 L ( LTF )

Hdfc Tata Neu :- Limit 5 L ( LTF )

Icici Platinum :- Limit 10 L ( LTF )

ICICI MMT SIGNATURE : Limit 10 L ( Paid JF, now LFT )

ICICI SAPPHIRO DUAL VARIANT :- Limit 10 L ( LTF )

KOTAK PVR INOX :- Limit 2.10 L ( LTF )

SBI Vistara :- Limit 3.7 L ( Paid )

BOB Eterna :- Limit 3 L ( Paid )

BOB Snapdeal :- 3 L ( LTF )

PNB Rupay Select :- 2 L

ICICI EMERALDE PVC :- 10 L

ICICI EMERALDE METAL :- 23 L

IDFC VISTARA :- 5 L

HDFC MARRIOTT BONVOY :- 5 L

Yes Marquee :- 4 L ( Recently closed )




Spouse credit card :-

1. HDFC Infinia Metal :- 21L ( Paid )

2. Axis Vistara Signature:- 15 L ( Paid )

3. Amex Platinum Travel:- 8 L ( Paid )

4. SBI Elite :- 7 L ( LTF )

Icici & axis have created nultiple accounts in cibil because I have taken their multiple cards. And some cards don't add value anymore in my opinion.

I am considering closing, Kotak PVR, IDFC Vistara, SBI Vistara, Icici Mmt-platinum-sapphiro, Emeralde PVC.

Any suggestion or advise will be appreciated. Planning to do by this year end.
Click to expand...
Kya kijiyega itni dhanrashi ka 🤣🤣
 
helloworld said:
helloworld

Thread 'Guide to suggest a credit card - Basic requirements'

How to Choose the Right Credit Card for You

Simply looking at your CIBIL score or listing your existing cards won't help determine the most suitable credit card for you. To make an informed choice, you need to consider various factors.

Key Steps to Select a Credit Card:​

  1. Identify Your Spending Categories

    Look at your monthly or annual expenses and categorize them. This will help determine which card gives the best rewards for your spending pattern.

    Example:
    • Amazon: ₹5,000
    • BigBasket: ₹5,000
    • Offline Grocery: ₹10,000...
  • Like
  • Thanks
  • Haha

: )

On paper based on the list, close:

- Axis Privilege
- Axis Airtel
- ICICI Platinum
- ICICI MMT
- Bob Eterna
- ICICI Emeralde whichever paid
- SBI SimplyClick
- Kotak PVR INOX
- Any 2 Vistara Cards
---------------

+ ICICI AmazonPay
+ HDFC TataNue

These 10 cards are perfect for travel related redemption..

Axis Atlas
Sbi SimplyClick
ICICI Sapphiro
BOB Snapdeal
PNB Rupay Select
HDFC Marriott
HDFC Infinia Metal
Axis Vistara Signature
Amex Platinum Travel
SBI Elite

Keep your spouse cards, those are good and works for travel redemption related spends.
Click to expand...
Ya I agree about spouse having great collection of cards.

About close card list, I agree with you. Except Emeralde Metal, I will close all suggested by you.
 
IMO you should close following cards,
Axis Privilege
ICICI Amazon
ICICI Platinum
ICICI Sapphiro
ICICI Emerald PVC
SBI Simply click
BOB Snapdeal
Kotak PVR

Keep the Vistara co branded cards as the milestone benefits are pretty good and you can use them for manufactured spends (spends of friends and family).

How did you spouse get SBI Elite as LTF please share some insight.
 
Nishan11 said:
Axis Privilege :- Limit 10 L ( Paid )
Icici Amazon :- Limit 10 L ( LTF )
Hdfc Tata Neu :- Limit 5 L ( LTF )
Icici Platinum :- Limit 10 L ( LTF )
ICICI MMT SIGNATURE : Limit 10 L ( Paid JF, now LFT )
SBI Vistara :- Limit 3.7 L ( Paid )Axis Airtel : Limit 10 L ( Paid )
Click to expand...
You should close above cards. These are outdated or redundant in your pf.

Below cards can also be closed conditionally.
Nishan11 said:
Sbi simply click :- Limit 4.7 L ( LTF )
Click to expand...
You can use the elite for offers. But if you close it could be harder to get another sbi cc in future.
Nishan11 said:
KOTAK PVR INOX :- Limit 2.10 L ( LTF )
Click to expand...
Doesn't add much value to your pf. But kotak is now banned. I suggest you keep it till ban is lifted off. They might introduce a better card after the ban, which will give you an opportunity to upgrade .

Nishan11 said:
B Eterna :- Limit 3 L ( Paid )/snapdeal ltf
Click to expand...
No point in keeping both. Eterna is better card. But are you spending enough to earn back the fee?
Nishan11 said:
ICICI SAPPHIRO DUAL VARIANT :- Limit 10 L ( LTF
Click to expand...
Nishan11 said:
ICICI EMERALDE PVC :- 10 L
Click to expand...

Your Emerald metal is paid or ltf? you should keep the highest variant ltf icici cc, whichever it might be : emerald metal/pvc/sapphiro. When they devalue metal further, this could be useful for offers. Just remember to close all add ons.🤣
 
Last edited:
Nishan11 said:
My current card portfolio:-

Axis Airtel : Limit 10 L ( Paid )

Axis Atlas :- Limit 10 L ( Paid )

Axis Privilege :- Limit 10 L ( Paid )

Icici Amazon :- Limit 10 L ( LTF )

Sbi simply click :- Limit 4.7 L ( LTF )

Hdfc Tata Neu :- Limit 5 L ( LTF )

Icici Platinum :- Limit 10 L ( LTF )

ICICI MMT SIGNATURE : Limit 10 L ( Paid JF, now LFT )

ICICI SAPPHIRO DUAL VARIANT :- Limit 10 L ( LTF )

KOTAK PVR INOX :- Limit 2.10 L ( LTF )

SBI Vistara :- Limit 3.7 L ( Paid )

BOB Eterna :- Limit 3 L ( Paid )

BOB Snapdeal :- 3 L ( LTF )

PNB Rupay Select :- 2 L

ICICI EMERALDE PVC :- 10 L

ICICI EMERALDE METAL :- 23 L

IDFC VISTARA :- 5 L

HDFC MARRIOTT BONVOY :- 5 L

Yes Marquee :- 4 L ( Recently closed )




Spouse credit card :-

1. HDFC Infinia Metal :- 21L ( Paid )

2. Axis Vistara Signature:- 15 L ( Paid )

3. Amex Platinum Travel:- 8 L ( Paid )

4. SBI Elite :- 7 L ( LTF )

Icici & axis have created multiple accounts in cibil because I have taken their multiple cards. And some cards don't add value anymore in my opinion.

I am considering closing, Kotak PVR, IDFC Vistara, SBI Vistara, Icici Mmt-platinum-sapphiro, Emeralde PVC.

Any suggestion or advise will be appreciated. Planning to do by this year end.
Click to expand...
You can keep one card per bank but some banks don't deserve (it's my personal opinion)
Atlas
Amazon icici
Simply click
Bob eterna
Pnb rupay select
Icici emarlde metal
Idfc vistara
Hdfc Marriott bonvoy
 
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