Suggest the best credit card for daily payment for 10K purchase for my parents shopping

[dura]

Hi All,
I need to swipe 10K credit card purchase for my parents shop related purchase. currently they handle in cash.

what is the best possible card which i can use to get better cash back for nearly 3lakhs monthly payment.

Thanks in advance,

Dura

 

[SpiesCan'tCatchMe]

What all cards do you have?

 

[ANewUser]

Axis Ace (2%) is good for direct cashback if you are not interested in flights or miles.

If you want to redeem on domestic flights (and some hotels) HDFC DCB / Infinia will give you 3.3%

If you are OK with miles and transfer partners for international trips and chain hotels, Axis Magnus (~4.8%) and Reserve (~6%)

 

[dura]

What all cards do you have?

Currently i use HDFC times, PNB select rupay and flipkart axis cards.
Now i getting 1.5 from "food products" category using flipkart axis card.
Recently got upgrade offer to hdfc millennia credit card, but don't know what to select in-order to get maximum cash back on my spending.
I estimate my monthly spending will be nearly 3 lakhs to 5 lakhs monthly.

 

[dura]

Axis Ace (2%) is good for direct cashback if you are not interested in flights or miles.

If you want to redeem on domestic flights (and some hotels) HDFC DCB / Infinia will give you 3.3%

If you are OK with miles and transfer partners for international trips and chain hotels, Axis Magnus (~4.8%) and Reserve (~6%)

I prefer to get cashback and gift vouchers will be better for me.

 

[SpiesCan'tCatchMe]

Currently i use HDFC times, PNB select rupay and flipkart axis cards.
Now i getting 1.5 from "food products" category using flipkart axis card.
Recently got upgrade offer to hdfc millennia credit card, but don't know what to select in-order to get maximum cash back on my spending.
I estimate my monthly spending will be nearly 3 lakhs to 5 lakhs monthly.

3-5 lakhs monthly 😷
You might wanna go with,
axis ace (unlimited 2%)
SC ultimate (3.3% but limited voucher redemption options)
DCB ( 3.3% you can ask your RM to get you DCB)
Tata neu infinity will be same as Flipkart axis (1.5%)
I can't comment on Magnus or reserve as all axis cards are being devalued.

** Do you have an account in HDFC?

 

[Tejo]

I estimate my monthly spending will be nearly 3 lakhs to 5 lakhs monthly.

what is the best possible card which i can use to get better cash back for nearly 3lakhs annual payment.

What are you actual monthly spends?

You can order groceries via swiggy can get upto 10% discount on gift cards.

Using pnb card you can do upi txn to vegetable vendors. You can get ₹0.60+ as rewards.

 

[SSV]

Hi All,
I need to swipe 10K credit card purchase for my parents shop related purchase. currently they handle in cash.

what is the best possible card which i can use to get better cash back for nearly 3lakhs annual payment.

Thanks in advance,

Dura

If most of your parents spends are offline spends , then Axis Ace is the need of the hour for you as many brothers suggested..

 

[ANewUser]

Finally understood the question "my parents' shop related purchase", Your parents have a shop and they are buying raw material/stock for shop.

Since these are business expenses (3-5 lac monthly( there is a significant risk for card blocking / reward blocking. You will need to redeem rewards frequently to cut loses in case of card blocking. Also entry level cards like 'Ace' might be more riskier than HNI cards like Infinia, Axis Reserve (no longer an option).

 

[dura]

Since these are business expenses (3-5 lac monthly( there is a significant risk for card blocking / reward blocking. You will need to redeem rewards frequently to cut loses in case of card blocking. Also entry level cards like 'Ace' might be more riskier than HNI cards like Infinia, Axis Reserve (no longer an option).

Ohh thanks for informing.
Im looking for card which needed for genuine business expenses card with better cash back.
My main goal is to use the credit follow on business purchase and cash back/ reward are secondary benefits.

 

[dura]

If most of your parents spends are offline spends , then Axis Ace is the need of the hour for you as many brothers suggested..

Yes the expense are through card swiping machine in their store

 

[dura]

3-5 lakhs monthly 😷
You might wanna go with,
axis ace (unlimited 2%)
SC ultimate (3.3% but limited voucher redemption options)
DCB ( 3.3% you can ask your RM to get you DCB)
Tata neu infinity will be same as Flipkart axis (1.5%)
I can't comment on Magnus or reserve as all axis cards are being devalued.

** Do you have an account in HDFC?

yes, I have hdfc salary account.
My parents do their current transaction are in cash, so im trying to streamline the expense through online transaction.

 

[RaviAglRaviAgl is verified member.]

You can try any of the business credit cards too.

Their reward rate maybe a bit low, but you will be safe and secure.

Thanks!!

 

[Sandeepmbm]

I think two to four card used in this type of monthly spend . First 1 lakh spend with axis Magnus . After this use sc ultimate card or bob eterna . These are good for value back . First 1 lakh you received 6.2 % reward rate and after this you received 3. 50 or near this . In Axis ace you received only 2 % return .

 

[dura]

axis Magnus is our of race now :'(

I think two to four card used in this type of monthly spend . First 1 lakh spend with axis Magnus . After this use sc ultimate card or bob eterna . These are good for value back . First 1 lakh you received 6.2 % reward rate and after this you received 3. 50 or near this . In Axis ace you received only 2 % return .

 

[vs4vijay]

TataNeu - flat 1.5% cashaback