Suggestion on expanding my card portfolio

[jonape4811]

Hey Fam!
I am a salaried person with 2 months of credit history. Currently I hold 2 CC, Regalia Gold and Tata Neu Infinity, both are LTF as HFDC is my salary account.

I wanted to diversify my CC portfolio, but got many rejections.
Icici Apay, Icici mmt signature, au cc, indusind cc, one card etc rejected my application.

Suggest some easy approve credit cards usage is cashback and offers.

 

[Abhi5467]

Got IndusInd Legend LTF from Paisabazaar pre-approved with decent limit too. Rest assured they are giving everyone when I saw they approved mine😁 Not attractive benifits but Lounge access quarterly, Movie tickets 200off, and instant discount in online sales is still better than some card out there like OneCard. Also Axis MyZone is being approved LTF without any hassle ( apply MyZone from Cashkaro link as they are giving ₹1500/- on approval of card)

 

[HumorSimpson]

Considering you are at a stage of life where your expenses will be low, you already have the best cards . Keep pestering your RM for Infinia up gradation from Regalia. Don't enroll for any ULIPs for this upgrade. Do your own research on "Why ULIPs are bad ?". Focus on building wealth, by investing.

 

[Pankhuri]

I am a salaried person with 2 months of credit history.

Sit tight for next 10 months and don't apply for any credit card, once your credit history crosses the 1 yr mark, go crazy. No point in getting rejections due to short credit history. Instead just increase your credit score by keeping utilization ratio low on both cards and making payments on time. At the 1 yr mark you would have 24 payments without any credit enquiry for last 6 months and if your utilization ratio is below 10% throughout the year, you would have stellar cibil too. No bank would deny you cards then.

 

[RAMESH BABU N]

Start applying for new cards only in 2025. Feb/March 2025 to be precise. Let the ratings go up on their own. Just keep using your existing cards and pay in full, each month, about a week before the due dates. Play safe. Wait and get the benefits in Q1/Q2 of 2025.

 

[jonape4811]

Got IndusInd Legend LTF from Paisabazaar pre-approved with decent limit too. Rest assured they are giving everyone when I saw they approved mine😁 Not attractive benifits but Lounge access quarterly, Movie tickets 200off, and instant discount in online sales is still better than some card out there like OneCard. Also Axis MyZone is being approved LTF without any hassle ( apply MyZone from Cashkaro link as they are giving ₹1500/- on approval of card)

Sure thank you!

Considering you are at a stage of life where your expenses will be low, you already have the best cards . Keep pestering your RM for Infinia up gradation from Regalia. Don't enroll for any ULIPs for this upgrade. Do your own research on "Why ULIPs are bad ?". Focus on building wealth, by investing.

Great suggestion!

Sit tight for next 10 months and don't apply for any credit card, once your credit history crosses the 1 yr mark, go crazy. No point in getting rejections due to short credit history. Instead just increase your credit score by keeping utilization ratio low on both cards and making payments on time. At the 1 yr mark you would have 24 payments without any credit enquiry for last 6 months and if your utilization ratio is below 10% throughout the year, you would have stellar cibil too. No bank would deny you cards then.

Yeah sure, thank you!

Start applying for new cards only in 2025. Feb/March 2025 to be precise. Let the ratings go up on their own. Just keep using your existing cards and pay in full, each month, about a week before the due dates. Play safe. Wait and get the benefits in Q1/Q2 of 2025.

Sure sir! Thank you.


That being said, I will wait till next year then, thank you all.

 

[RAMESH BABU N]

Sure thank you!


Great suggestion!


Yeah sure, thank you!


Sure sir! Thank you.


That being said, I will wait till next year then, thank you all.

In the meanwhile, keep a tab on the CC market, study their features and try to prepare a shopping list for 2025 - keeping in mind your spending pattern and spending experience till then. My suggestion is - avoid comparing with what others are holding. You will be happy and satisfied forever.