Shuold I close these unused cards? Suggestions needed

[cardio_guycardio_guy is verified member.]

Here are my inactive, unused, useless drawer cards that I want to close before this year ends. All of them are LTF and I got them for some specific uses earlier, but no longer being used actively. I am listing down the reasons why I think I can close them, and otherwise.
Looking for suggestions or opinions on whether I should go ahead and close them.

1. ICICI Amazon Pay - This is my first credit card that I got in December 2022. I used to use it for Amazon 5% cashback, but of late I have not been using this card at all. Most purchases have either shifted to other quick commerce apps or I am using amazon pay vouchers, or other points and miles cards. This is also the highest credit limit card for me 10.3L but I am not using it actively at all.
   
   
2. ICICI Sapphiro - I got it when used to have salary account in ICICI, it is LTF, and shared limit with Amazon Pay (10.3L). I used to use it when lounge access was unconditional. Later they made it spend based. After that the only use was BMS BOGO. Now that is also spend based. So overall this card is also useless for me, I have not used this card more than once in the last 1 year.
   
   
3. Indusind Tiger - I use this card only rarely for BMS 500 off now. I am not a heavy movie goer, maybe as a family we go for 2-3 movies per year, not more than that. Earlier I used to use it for lounge access, but now I have other better lounge cards, so this is not needed for lounge. Another use is Visa Signature TimesPrime offer. I used this card once for getting the TP offer. But I have other Visa Signature cards, so I think this is also not needed.
   
   
4. Federal Celesta - This card also, I got it by luck, and I used to use it for lounge access when it was unconditional. Later they brought spend conditions for lounge access and I stopped using it. I don't use it for any bank specific offer as well. It is lying unused for a long time.
   
   
5. IDFC First Wealth - I got this because it was Visa Infinite variant and I didn't have any visa infinite card. I have not used it at all for any spends. But used it once to avail GHA Discovery hotel Titanium status that came along with Visa infinite variant. But other than that I haven't used any of the card features at all.
   
   
6. BOB Eterna - I just took this card last week, I never had any plans of using it, I just took it because of the LTF offer. I could have taken the Visa Infinite variant, but I took the Rupay Select one. I don't see any usecase for this card, but I am thinking of cancelling it along with the others.

By cutting down 6 cards, I will reduce my exposure to the unused credit leverage and also reduce my unnecessary load.
I am not worried about the short term impact on credit score even if I close them. That's not a major concern for me.
And this could give me space to get some better cards later in the future. I am looking for reasons why I may keep any of these cards at all.
Thanks in advance!

 

[hender]

Here are my inactive, unused, useless drawer cards that I want to close before this year ends. All of them are LTF and I got them for some specific uses earlier, but no longer being used actively. I am listing down the reasons why I think I can close them, and otherwise.
Looking for suggestions or opinions on whether I should go ahead and close them.

1. ICICI Amazon Pay - This is my first credit card that I got in December 2022. I used to use it for Amazon 5% cashback, but of late I have not been using this card at all. Most purchases have either shifted to other quick commerce apps or I am using amazon pay vouchers, or other points and miles cards. This is also the highest credit limit card for me 10.3L but I am not using it actively at all.
   
   
2. ICICI Sapphiro - I got it when used to have salary account in ICICI, it is LTF, and shared limit with Amazon Pay (10.3L). I used to use it when lounge access was unconditional. Later they made it spend based. After that the only use was BMS BOGO. Now that is also spend based. So overall this card is also useless for me, I have not used this card more than once in the last 1 year.
   
   
3. Indusind Tiger - I use this card only rarely for BMS 500 off now. I am not a heavy movie goer, maybe as a family we go for 2-3 movies per year, not more than that. Earlier I used to use it for lounge access, but now I have other better lounge cards, so this is not needed for lounge. Another use is Visa Signature TimesPrime offer. I used this card once for getting the TP offer. But I have other Visa Signature cards, so I think this is also not needed.
   
   
4. Federal Celesta - This card also, I got it by luck, and I used to use it for lounge access when it was unconditional. Later they brought spend conditions for lounge access and I stopped using it. I don't use it for any bank specific offer as well. It is lying unused for a long time.
   
   
5. IDFC First Wealth - I got this because it was Visa Infinite variant and I didn't have any visa infinite card. I have not used it at all for any spends. But used it once to avail GHA Discovery hotel Titanium status that came along with Visa infinite variant. But other than that I haven't used any of the card features at all.
   
   
6. BOB Eterna - I just took this card last week, I never had any plans of using it, I just took it because of the LTF offer. I could have taken the Visa Infinite variant, but I took the Rupay Select one. I don't see any usecase for this card, but I am thinking of cancelling it along with the others.

By cutting down 6 cards, I will reduce my exposure to the unused credit leverage and also reduce my unnecessary load.
I am not worried about the short term impact on credit score even if I close them. That's not a major concern for me.
And this could give me space to get some better cards later in the future. I am looking for reasons why I may keep any of these cards at all.
Thanks in advance!

Your AIM is higher, hence you have to leave the luggage you can't carry till your destination.

 

[nh124001]

bhai main khud..next fy se... dcbm(will upgrade from rg) n sbi cashback hi rakhuga..

 

[akiratoriyama]

Except tiger i think rest can be closed. Tiger bhi eventually indusind will devaluate, so if dont want for movies, then can close.

 

[akiratoriyama]

I would recommend you try and get tiger upgraded to eazydiner platinum if possible. That's pretty much the only useful card in indusind portfolio rn except from tiger.

 

[fradela]

Here are my inactive, unused, useless drawer cards that I want to close before this year ends. All of them are LTF and I got them for some specific uses earlier, but no longer being used actively. I am listing down the reasons why I think I can close them, and otherwise.
Looking for suggestions or opinions on whether I should go ahead and close them.

1. ICICI Amazon Pay - This is my first credit card that I got in December 2022. I used to use it for Amazon 5% cashback, but of late I have not been using this card at all. Most purchases have either shifted to other quick commerce apps or I am using amazon pay vouchers, or other points and miles cards. This is also the highest credit limit card for me 10.3L but I am not using it actively at all.
   
   
2. ICICI Sapphiro - I got it when used to have salary account in ICICI, it is LTF, and shared limit with Amazon Pay (10.3L). I used to use it when lounge access was unconditional. Later they made it spend based. After that the only use was BMS BOGO. Now that is also spend based. So overall this card is also useless for me, I have not used this card more than once in the last 1 year.
   
   
3. Indusind Tiger - I use this card only rarely for BMS 500 off now. I am not a heavy movie goer, maybe as a family we go for 2-3 movies per year, not more than that. Earlier I used to use it for lounge access, but now I have other better lounge cards, so this is not needed for lounge. Another use is Visa Signature TimesPrime offer. I used this card once for getting the TP offer. But I have other Visa Signature cards, so I think this is also not needed.
   
   
4. Federal Celesta - This card also, I got it by luck, and I used to use it for lounge access when it was unconditional. Later they brought spend conditions for lounge access and I stopped using it. I don't use it for any bank specific offer as well. It is lying unused for a long time.
   
   
5. IDFC First Wealth - I got this because it was Visa Infinite variant and I didn't have any visa infinite card. I have not used it at all for any spends. But used it once to avail GHA Discovery hotel Titanium status that came along with Visa infinite variant. But other than that I haven't used any of the card features at all.
   
   
6. BOB Eterna - I just took this card last week, I never had any plans of using it, I just took it because of the LTF offer. I could have taken the Visa Infinite variant, but I took the Rupay Select one. I don't see any usecase for this card, but I am thinking of cancelling it along with the others.

By cutting down 6 cards, I will reduce my exposure to the unused credit leverage and also reduce my unnecessary load.
I am not worried about the short term impact on credit score even if I close them. That's not a major concern for me.
And this could give me space to get some better cards later in the future. I am looking for reasons why I may keep any of these cards at all.
Thanks in advance!

I think you can close all cards except IDFC First Wealth.

Reasons for Keep IDFC First Wealth: BOGO 250 OFF, Visa Infinite (if you don't have any other Infinite credit card), Road Side Assistance

ICICI Sapphiro (VISA) [AMEX variant gives 150 OFF both swiggy and instamart, unluckily you have VISA, so close it)

 

[cardio_guycardio_guy is verified member.]

I would recommend you try and get tiger upgraded to eazydiner platinum if possible. That's pretty much the only useful card in indusind portfolio rn except from tiger.

Thanks for the suggestion, but I don't eat out much so this is not really required.
If at all we go out, that too only rarely, Swiggy dineout ones should be sufficient I guess.

 

[Dr.AMAN]

Keep atleast 1 core ICICI card for bank offers in future. Definitely get rid of Tiger & Celesta. They r too average cards and dont even have many bank offers. Apay card is losing its appeal these days so u can take a call whether to lose it or not

 

[Pissant]

I would keep the ICICI Amazon simply to preserve the 10lk limit. Otherwise close all. ICICI offers core cards easily within the all as pre-approved if you have AmazonPay. They aren’t like HDFC

 

[nh124001]

Keep atleast 1 core ICICI card for bank offers in future. Definitely get rid of Tiger & Celesta. They r too average cards and dont even have many bank offers. Apay card is losing its appeal these days so u can take a call whether to lose it or not

rightly said, keep sapphiro n eterna for discount offers, you can close tiger n Celesta, my current card portfolio is like

icici : apay, coral, hpcl super saver, saphhiro
sbi : pulse, bpcl, cashback
axis : neo, atlas
hdfc : rg, irctc
yes : kiwi
au : ixigo

planning to close : icici coral n hpcl, apay need to think as it is my oldest card, sbi pulse, yes kiwi, axis neo

if atlas gets devalued, then will switch my spends strategy on upgrading RG to DCBM and close atlas also

 

[Exewhyzee]

Cardio to CardCutKio?

 

[komal]

Cardio to CardCutKio?

Ye bhaisaab jo hai, wo credit card tabse leke baithe hai jab sab refer and earn me busy the .

 

[NUKE]

Even I don't feel the need to have Amazon pay since I have SBI Cashback card but the issue is, I have taken ICICI platinum on shared basis on Amazon pay so if I close my Amazon pay will it close my ICICI platinum as well?

 

[Dr.AMAN]

H

Even I don't feel the need to have Amazon pay since I have SBI Cashback card but the issue is, I have taken ICICI platinum on shared basis on Amazon pay so if I close my Amazon pay will it close my ICICI platinum as well?

No. Closing Platinum will not affect Apay. Same like closing coral/Rubyx/sapphiro

 

[cardio_guycardio_guy is verified member.]

rightly said, keep sapphiro n eterna for discount offers, you can close tiger n Celesta, my current card portfolio is like

icici : apay, coral, hpcl super saver, saphhiro
sbi : pulse, bpcl, cashback
axis : neo, atlas
hdfc : rg, irctc
yes : kiwi
au : ixigo

planning to close : icici coral n hpcl, apay need to think as it is my oldest card, sbi pulse, yes kiwi, axis neo

if atlas gets devalued, then will switch my spends strategy on upgrading RG to DCBM and close atlas also

thanks everyone for the suggestions. I'll take a call sometime during this vacation.
yes, Atlas is the hanging sword for many people. A lot of people's future plans depends on what Axis do with Atlas.
Hopefully they won't make drastic changes anytime soon.

 

[Aniket Sharma]

Here are my inactive, unused, useless drawer cards that I want to close before this year ends. All of them are LTF and I got them for some specific uses earlier, but no longer being used actively. I am listing down the reasons why I think I can close them, and otherwise.
Looking for suggestions or opinions on whether I should go ahead and close them.

1. ICICI Amazon Pay - This is my first credit card that I got in December 2022. I used to use it for Amazon 5% cashback, but of late I have not been using this card at all. Most purchases have either shifted to other quick commerce apps or I am using amazon pay vouchers, or other points and miles cards. This is also the highest credit limit card for me 10.3L but I am not using it actively at all.
   
   
2. ICICI Sapphiro - I got it when used to have salary account in ICICI, it is LTF, and shared limit with Amazon Pay (10.3L). I used to use it when lounge access was unconditional. Later they made it spend based. After that the only use was BMS BOGO. Now that is also spend based. So overall this card is also useless for me, I have not used this card more than once in the last 1 year.
   
   
3. Indusind Tiger - I use this card only rarely for BMS 500 off now. I am not a heavy movie goer, maybe as a family we go for 2-3 movies per year, not more than that. Earlier I used to use it for lounge access, but now I have other better lounge cards, so this is not needed for lounge. Another use is Visa Signature TimesPrime offer. I used this card once for getting the TP offer. But I have other Visa Signature cards, so I think this is also not needed.
   
   
4. Federal Celesta - This card also, I got it by luck, and I used to use it for lounge access when it was unconditional. Later they brought spend conditions for lounge access and I stopped using it. I don't use it for any bank specific offer as well. It is lying unused for a long time.
   
   
5. IDFC First Wealth - I got this because it was Visa Infinite variant and I didn't have any visa infinite card. I have not used it at all for any spends. But used it once to avail GHA Discovery hotel Titanium status that came along with Visa infinite variant. But other than that I haven't used any of the card features at all.
   
   
6. BOB Eterna - I just took this card last week, I never had any plans of using it, I just took it because of the LTF offer. I could have taken the Visa Infinite variant, but I took the Rupay Select one. I don't see any usecase for this card, but I am thinking of cancelling it along with the others.

By cutting down 6 cards, I will reduce my exposure to the unused credit leverage and also reduce my unnecessary load.
I am not worried about the short term impact on credit score even if I close them. That's not a major concern for me.
And this could give me space to get some better cards later in the future. I am looking for reasons why I may keep any of these cards at all.
Thanks in advance!

Keep apay else close all

 

[cardio_guycardio_guy is verified member.]

thanks everyone for the suggestions. I'll take a call sometime during this vacation.
yes, Atlas is the hanging sword for many people. A lot of people's future plans depends on what Axis do with Atlas.
Hopefully they won't make drastic changes anytime soon.

Sorry I didn't see the 2:3 devaluation post earlier. So it is open now. Atlas is getting devalued. First phase coming out now. Not very brutal though as expected. I haven't decided yet what to do next.

 

[Pissant]

Sorry I didn't see the 2:3 devaluation post earlier. So it is open now. Atlas is getting devalued. First phase coming out now. Not very brutal though as expected. I haven't decided yet what to do next.

That is just a rumor tho. No backing to that claim yet

 

[cardio_guycardio_guy is verified member.]

That is just a rumor tho. No backing to that claim yet

Abhishek and Anirban had posted in X.
I think it is coming. Just to be prepared and plan for next.

 

[Pissant]

Abhishek and Anirban had posted in X.
I think it is coming. Just to be prepared and plan for next.

Oh shit. Don’t do x so wasn’t aware. Sad