My goal is to get a high net reward card for international purchases (10L/ year) for a small side trading business. After Magnus devaluation, only HDFC Infinia makes sense (1.94% net) but its long way away - in mid tier the best is Bob Eterna (1.64% net with 5L milestone bonus). I have been using zero forex DC but not keen to use it now due to TCS. With Bob Eterna, I can spread expenses between SBI and Eterna for a low utilisation ratio and max returns (5L / card)
Here are my CC:
2023 August - SBI Vistara prime - 117000 (highest)
2023 August RBL World Safari - 27000 (planning to close as limit too low)
2023 August - One Card unsecured - 40000
2023 Indus bank - 30000 (planning to close as limit too low)
2022 Axis Flipkart - 50000 (planning to close post september, unless can make it LTF)
2020 ICICI Bank Platinum - 50000 (I dont use it because of high forex charges / low rewards but will keep it because it is LTF and oldest card)
I am self employed, ITR 5Lakhs . CIBIL 754 with 2 CC inquiries in August (SBI/ RBL). The cibil is low due to Axis Flipkart CC joining fee late payment charges. Already emailed PNO for goodwill masking, its under process.
Question -
1) Any better card for my usage compared to BOB?
2) how long should I wait before applying for BOB Eterna, considering I got 3 new cards in August?
2) My strategy is to use combination of One card, Eterna and SBI prime upto limit % but pay full amount same day to keep Utilisation ratio 0%. Is it better to keep utilisation ratio higher?
3) Will applying for Yes bank (for 140% limit of SBI card) and Aut Bank (100% limit of Yes bank) help in improving credit score? I dont plan to use them much due to high Forex.
Here are my CC:
2023 August - SBI Vistara prime - 117000 (highest)
2023 August RBL World Safari - 27000 (planning to close as limit too low)
2023 August - One Card unsecured - 40000
2023 Indus bank - 30000 (planning to close as limit too low)
2022 Axis Flipkart - 50000 (planning to close post september, unless can make it LTF)
2020 ICICI Bank Platinum - 50000 (I dont use it because of high forex charges / low rewards but will keep it because it is LTF and oldest card)
I am self employed, ITR 5Lakhs . CIBIL 754 with 2 CC inquiries in August (SBI/ RBL). The cibil is low due to Axis Flipkart CC joining fee late payment charges. Already emailed PNO for goodwill masking, its under process.
Question -
1) Any better card for my usage compared to BOB?
2) how long should I wait before applying for BOB Eterna, considering I got 3 new cards in August?
2) My strategy is to use combination of One card, Eterna and SBI prime upto limit % but pay full amount same day to keep Utilisation ratio 0%. Is it better to keep utilisation ratio higher?
3) Will applying for Yes bank (for 140% limit of SBI card) and Aut Bank (100% limit of Yes bank) help in improving credit score? I dont plan to use them much due to high Forex.
