Which cards to use for my spendings (~4L)

[newinnov]

Based on my last fiscal year purchases, I have created this estimate, now I need help in planning out which cards & platforms I should use to maximize the cashback & rewards on my transactions. I have already gone through a lot of posts here on forum & videos on TF youtube channel and have created a basic plan, need feedback from you guys to improve my plan & maximize rewards

Cards I own:

Credit Cards

1. ICICI Amazon
2. HDFC Millennia
3. HDFC Tata Nue Plus
4. OneCard
5. ICICI Platinum
6. Axis Neo
7. IDFC First Select
8. Indusand Legend
9. RBL paisa bazaar Duet card
10. ICICI Coral Rupay card

Debit Cards

1. Kotak Visa Debit card
2. Indusand Mastercard Debit card
3. ICICI Visa Debit card
4. SBI Rupay Debit card
5. Canara Rupay Debit card

Plan:

Category	Payment Method	Expected Rewards, paid through platform & comments
Online shopping (Amazon, myntra, Flipkart & Ajio)	HDFC Millennia	5%, direct on ecommerce website
Life & Health Insurance	ICICI Amazon	1%, Insurance company website
Other	Nue Plus or normal UPI	1.5% or nil, direct purchase
Miscellaneous Visa/master (Kirana, cafe, any offline purchase)	ICICI Amazon	1%, direct purchase
Food (online) (zomato, swiggy, eatsure, MacD App, Lapinoz App, Dominos App)	HDFC Millennia(select patner) or Amazon ICICI (other third party apps)	5% (select patner) or 1% (direct purchase)
Food (offline)	ICICI Amazon or Nue Plus	1% or 1.5%
Dmart, Relience Fresh	ICICI Amazon	1%
Elecricity Bill	Amazon giftcard	5%, purchased on amazon using HDFC milennia
Hotel Booking	ICICI amazon	1%, using makeMyTrip & other platforms
Miscellaneous Rupay (Kirana, cafe, any offline purchase)	Nue Plus or ICICI Amazon	1.5 or 1%
Train Booking	ICICI Amazon	1%, IRCTC website
Gas Cylinder	Amazon giftcard	5%, purchased on amazon using HDFC milennia
Online Services - Jio Fiber	ICICI Amazon	1%, using Jio mobile app
Mobile Recharge (Jio & BSNL)	Amazon giftcard	5%, purchased on amazon using HDFC milennia
Tax (property & water)	ICICI Amazon	1%, directly through Govt website
Petrol	ICICI Amazon	0%
Online Services - Chatgpt	OneCard	-1% (forex fee), openAI platform, Onecard has lowest forex I think
Flight Booking	ICICI Amazon	1%, any flight booking platform
Airtel d2h	ICICI Amazon	1%, using Airtel Thanks app
Online Services - Yt Premium	playstore gift card	5%, purchased on amazon using HDFC milennia

Please give me your feedback & help me improve my plan, All CC are LTF. All debit cards have their annual 200-300 maintenance fee.

Brother become financial minister of our nation! Kash itta planning gray hair lady bhi karti..

 

[harshgupta940]

I am from Tier-2 city, but will try for HSBC cashback card, I am salaried so hopefully will get it
Thank you for your great suggestion, I am just a confused about "1% + 1%" you mentioned

can you please elaborate? didnt understood from your note also.
Also, I was offered regalia gold, but cosse millennia because i thought it was better card for me, based on my spending. Was I wrong?

I have explained you about the application process in detail.

https://www.technofino.in/community...iceable-area-without-agent.26702/#post-646863

 

[helloworld]

Thank you for your great suggestion, I am just a confused about "1% + 1%" you mentioned

can you please elaborate? didnt understood from your note also.

1% benefit + 1% milestone based on quarter spends (you can achieve easily, if you plan properly)

Also, I was offered regalia gold, but cosse millennia because i thought it was better card for me, based on my spending. Was I wrong?

for now, Millennia - Upgrade to regalia gold/DCB/Infinia only if you cross >1L a year hotel/flight requirements. Otherwise its no use to you.

 

[newIntern]

1% benefit + 1% milestone based on quarter spends (you can achieve easily, if you plan properly)



for now, Millennia - Upgrade to regalia gold/DCB/Infinia only if you cross >1L a year hotel/flight requirements. Otherwise its no use to you.

Thank you soo much

 

[newIntern]

I have explained you about the application process in detail.

https://www.technofino.in/community...iceable-area-without-agent.26702/#post-646863

Yes, thank you

 

[newIntern]

Great analysis on your spend.
I don't have that much clarity on how my spends are. LoL

wow...you did great research....how many bucks will you end up earning/saving coz of this research?

That’s one of the best and detailed analysis I have even seen on self finance…. Kudos to you man!!!!

I wish I could track my spends like that

Here I have shared my personal google sheet which I use https://www.technofino.in/community...nance-tracker-google-sheet.26793/#post-649675

please have a look & share your feedback

 

[diptarkaroy]

Here I have shared my personal google sheet which I use https://www.technofino.in/community...nance-tracker-google-sheet.26793/#post-649675

please have a look & share your feedback

Thanks for sharing brother!!!

 

[jk51]

Based on my last fiscal year purchases, I have created this estimate, now I need help in planning out which cards & platforms I should use to maximize the cashback & rewards on my transactions. I have already gone through a lot of posts here on forum & videos on TF youtube channel and have created a basic plan, need feedback from you guys to improve my plan & maximize rewards

Cards I own:

Credit Cards

1. ICICI Amazon
2. HDFC Millennia
3. HDFC Tata Nue Plus
4. OneCard
5. ICICI Platinum
6. Axis Neo
7. IDFC First Select
8. Indusand Legend
9. RBL paisa bazaar Duet card
10. ICICI Coral Rupay card

Debit Cards

1. Kotak Visa Debit card
2. Indusand Mastercard Debit card
3. ICICI Visa Debit card
4. SBI Rupay Debit card
5. Canara Rupay Debit card

Plan:

Category	Payment Method	Expected Rewards, paid through platform & comments
Online shopping (Amazon, myntra, Flipkart & Ajio)	HDFC Millennia	5%, direct on ecommerce website
Life & Health Insurance	ICICI Amazon	1%, Insurance company website
Other	Nue Plus or normal UPI	1.5% or nil, direct purchase
Miscellaneous Visa/master (Kirana, cafe, any offline purchase)	ICICI Amazon	1%, direct purchase
Food (online) (zomato, swiggy, eatsure, MacD App, Lapinoz App, Dominos App)	HDFC Millennia(select patner) or Amazon ICICI (other third party apps)	5% (select patner) or 1% (direct purchase)
Food (offline)	ICICI Amazon or Nue Plus	1% or 1.5%
Dmart, Relience Fresh	ICICI Amazon	1%
Elecricity Bill	Amazon giftcard	5%, purchased on amazon using HDFC milennia
Hotel Booking	ICICI amazon	1%, using makeMyTrip & other platforms
Miscellaneous Rupay (Kirana, cafe, any offline purchase)	Nue Plus or ICICI Amazon	1.5 or 1%
Train Booking	ICICI Amazon	1%, IRCTC website
Gas Cylinder	Amazon giftcard	5%, purchased on amazon using HDFC milennia
Online Services - Jio Fiber	ICICI Amazon	1%, using Jio mobile app
Mobile Recharge (Jio & BSNL)	Amazon giftcard	5%, purchased on amazon using HDFC milennia
Tax (property & water)	ICICI Amazon	1%, directly through Govt website
Petrol	ICICI Amazon	0%
Online Services - Chatgpt	OneCard	-1% (forex fee), openAI platform, Onecard has lowest forex I think
Flight Booking	ICICI Amazon	1%, any flight booking platform
Airtel d2h	ICICI Amazon	1%, using Airtel Thanks app
Online Services - Yt Premium	playstore gift card	5%, purchased on amazon using HDFC milennia

Please give me your feedback & help me improve my plan, All CC are LTF. All debit cards have their annual 200-300 maintenance fee.

If you are comfortable with Flipkart and Taj voucher as redemptions then Amex Plat Travel is an all rounder option. Upon hitting annual milestone its 5.1% at least not considering regular MR points and MR points from rewards multiplier. Just try to maximize rewards multiplier with at least 1,67,000/- of spends on it. Shall help you retain the card at nil cost.

 

[newIntern]

Based on my spending, is it a good idea to get Amex Platinum Travel card? or maybe gold since I dont travel or stay at big chain hotels?

 

[newIntern]

If you are comfortable with Flipkart and Taj voucher as redemptions then Amex Plat Travel is an all rounder option. Upon hitting annual milestone its 5.1% at least not considering regular MR points and MR points from rewards multiplier. Just try to maximize rewards multiplier with at least 1,67,000/- of spends on it. Shall help you retain the card at nil cost.

hey, thanks. somehow I missed notification for your comment. anywayare you sure Platinum Travel is better choice for me & not gold?

 

[harshgupta940]

Based on my spending, is it a good idea to get Amex Platinum Travel card? or maybe gold since I dont travel or stay at big chain hotels?

I think it depends if you can use amex travel on your major transactions where you do not get good reward points/cashback. If in certain categories you are able to get 5-10% real cashback using millenia or hsbc cashback then it is greater than the 7-8% you can get in MR points which gets converted to Marriott Points and 10k Taj Voucher.
I think the only use you can make of Amex Plat Travel is in Insurance via Apay vouchers and some utility. On utility already you are getting 10% & 5% cashback using Axis airtel and ace.
So I feel you need to check if you can actually do 4lk in a year on a place where Amex is accepted or apay voucher via amex is accepted.
Also as you said that you don't travel or stay at big chains so if you need to get an amex my suggestion from the first post is Amex MRCC/Amex Gold in which you can make Apay vouchers and accumulate them to pay insurance or utility bills. And redeem them in 18k/24k collection to Amazon Voucher or Tata Cliq/Shopper Stop voucher for Better return.