DCB Which spends to keep on DCB and which to keep on others?

[rtg500]

I have recently got HDFC DCB. I have a lot of basic LTF credit cards from before. My strategy used to be Axis Flipkart for offline, HDFC Millenia/Amazon ICICI/Axis FK for online shopping, Tata Neu Infinity for utility, Amex MRCC for 6K electricty bill for milestone, BOB Premier for dining and others based on sale.

Should I now shift almost all possible to Diners? Except Tata Neu for utility and UPI, Axis FK for non-Diner places? Which card to use for government and utilities? FOr Bigbasket, is Tata Neu Infinity on Tata Neu better or Bigabasket vouchers via smartbuy using Diners Black on Tata Neu app? Here are the cards that I have:


American Express Membership Rewards
Amazon Pay ICIC Visa
Axis My Zone Visa Platinum
Axis Flipkart Visa CC
BOB Rupay Premier CC
Citi Rewards Mastercard Platinum
HDFC Diners Club Black
HDFC Easyshop Platinum Debit Mastercard
HDFC Millenia Visa Signature
HSBC Visa Platinum
ICICI Coral Visa Platinum
ICICI MMT Visa Signature
ICICI Sapphiro Amex + MC
IDFC First Millenia CC
IDFC First Select Debit Card
IDFC First Select CC
IDFC Visa Signature Debit Card
IndusInd Legend Visa Signature
OLA Money SBI CC
One Card Visa Signature Federal Bank
Kabale Royale e
Kotak Zen Visa Signature
UNI SOMV Visa Platinum
Tata Neu Infinity HDFC CC
RBL World Safari Mastercard World

 

[aceventura]

Do you have plastic or metal?

My use of DCB has been:
1. For all Offline - DCB only, if it ever gets declined, will use SBI Cashback or Apay ICICI for 1%. The card has not been denied so far.
2. For all Utilities and Insurance -> DCB -> Apay Vouchers, gives a net 7% reward rate, if I run out of Apay Vouchers, I go via Amex Reward Multiplier
3. For Groceries -> DCB -> Amazon Shopping Vouchers, gives a net 10% reward rate. I can use BigBasket too, but from what I have seen Amazon Fresh is cheaper than BigBasket as well as local departmental stores, but this might vary depending on what you buy. Also, check Tata Neu TnC, you could possibly double dip with using Bigbasket vouchers and also get Neucoins via Neu app.
4. For clothes -> Myntra vouchers
5. For Jewellery -> I do only offline using DCB, can get 3.33% reward rate with no caps
6. For Electronics -> Croma or Amazon using DCB Vouchers
7. For any niche online websites that are not big retailers like Amazon, Croma etc. for which there are no Gyftr vouchers, I use SBI Cashback CC

Check what works best for you, but I would recommend to use DCB as your primary card. Also, micro optimizations will be too time consuming, so just I go with DCB and Gyftr generally.

 

[sousnake]

I have recently got HDFC DCB. I have a lot of basic LTF credit cards from before. My strategy used to be Axis Flipkart for offline, HDFC Millenia/Amazon ICICI/Axis FK for online shopping, Tata Neu Infinity for utility, Amex MRCC for 6K electricty bill for milestone, BOB Premier for dining and others based on sale.

Should I now shift almost all possible to Diners? Except Tata Neu for utility and UPI, Axis FK for non-Diner places? Which card to use for government and utilities? FOr Bigbasket, is Tata Neu Infinity on Tata Neu better or Bigabasket vouchers via smartbuy using Diners Black on Tata Neu app? Here are the cards that I have:


American Express Membership Rewards
Amazon Pay ICIC Visa
Axis My Zone Visa Platinum
Axis Flipkart Visa CC
BOB Rupay Premier CC
Citi Rewards Mastercard Platinum
HDFC Diners Club Black
HDFC Easyshop Platinum Debit Mastercard
HDFC Millenia Visa Signature
HSBC Visa Platinum
ICICI Coral Visa Platinum
ICICI MMT Visa Signature
ICICI Sapphiro Amex + MC
IDFC First Millenia CC
IDFC First Select Debit Card
IDFC First Select CC
IDFC Visa Signature Debit Card
IndusInd Legend Visa Signature
OLA Money SBI CC
One Card Visa Signature Federal Bank
Kabale Royale e
Kotak Zen Visa Signature
UNI SOMV Visa Platinum
Tata Neu Infinity HDFC CC
RBL World Safari Mastercard World

Damn that's a big list. I think it includes your family member cards as well, since you can't have both IDFC select & millennia.
But still lot of cc

 

[Sisyphus]

Do you have plastic or metal?

My use of DCB has been:
1. For all Offline - DCB only, if it ever gets declined, will use SBI Cashback or Apay ICICI for 1%. The card has not been denied so far.
2. For all Utilities and Insurance -> DCB -> Apay Vouchers, gives a net 7% reward rate, if I run out of Apay Vouchers, I go via Amex Reward Multiplier
3. For Groceries -> DCB -> Amazon Shopping Vouchers, gives a net 10% reward rate. I can use BigBasket too, but from what I have seen Amazon Fresh is cheaper than BigBasket as well as local departmental stores, but this might vary depending on what you buy. Also, check Tata Neu TnC, you could possibly double dip with using Bigbasket vouchers and also get Neucoins via Neu app.
4. For clothes -> Myntra vouchers
5. For Jewellery -> I do only offline using DCB, can get 3.33% reward rate with no caps
6. For Electronics -> Croma or Amazon using DCB Vouchers
7. For any niche online websites that are not big retailers like Amazon, Croma etc. for which there are no Gyftr vouchers, I use SBI Cashback CC

Check what works best for you, but I would recommend to use DCB as your primary card. Also, micro optimizations will be too time consuming, so just I go with DCB and Gyftr generally.

Can you help breakdown 7% & 10% reward rates from points 2 & 3?

 

[aceventura]

Can you help breakdown 7% & 10% reward rates from points 2 & 3?

DCB reward rate for Gyftr vouchers is 10% (3x base => 10%). For Amazon Pay Vouchers, Gyftr has 2.95% processing fees incl. GST, so net reward rate is 10-2.95 = 7.05%
For Amazon Shopping Vouchers and rest of the vouchers in Gyftr, there is no processing fees, so by default it is 10%. For many of the vouchers, they also have a discount in Gyftr site, so reward is higher for those.

 

[Sisyphus]

DCB reward rate for Gyftr vouchers is 10% (3x base => 10%). For Amazon Pay Vouchers, Gyftr has 2.95% processing fees incl. GST, so net reward rate is 10-2.95 = 7.05%
For Amazon Shopping Vouchers and rest of the vouchers in Gyftr, there is no processing fees, so by default it is 10%. For many of the vouchers, they also have a discount in Gyftr site, so reward is higher for those.

Attaching a screenshot from Gyftr. Even if we value 1 RP as 1 INR (Assuming flight, hotel booking etc), Isn't the reward rate 90 INR - ~3% = 6%

And I see the same processing fee on both 'Amazon' and 'Amazon Shopping Voucher'. Am I doing something wrong?

 

[aceventura]

Attaching a screenshot from Gyftr. Even if we value 1 RP as 1 INR (Assuming flight, hotel booking etc), Isn't the reward rate 90 INR - ~3% = 6%

And I see the same processing fee on both 'Amazon' and 'Amazon Shopping Voucher'. Am I doing something wrong?

It is because the voucher value is not a multiple of 150. Select 1050 or 1500 or 3000, you will get 10%. Also, higher the voucher value, it will tend to move towards 10% regardless, for ex: 10K voucher, the reward rate will be 9.9%

 

[aceventura]

Makes sense. Thanks! How about the processing fee for both 'Amazon' and 'Amazon Shopping' vouchers that am seeing?

They have removed processing fees for Amazon Shopping, it is only there for Amazon i.e. Amazon Pay voucher. It is because APay is quasi cash and can be used for utilities, insurance etc. Also, I think we get rewards for that as well, but have not included that in calculations.

 

[rtg500]

Damn that's a big list. I think it includes your family member cards as well, since you can't have both IDFC select & millennia.
But still lot of cc

I pasted this from my drive notebook. So it has some older cards which I forgot to edit. I have IDFC Select now. Upgraded finally by bank. Most of them though as you would know are basic LTF. Not a big deal. Use them for sales mainly.

 

[rtg500]

Do you have plastic or metal?

My use of DCB has been:
1. For all Offline - DCB only, if it ever gets declined, will use SBI Cashback or Apay ICICI for 1%. The card has not been denied so far.
2. For all Utilities and Insurance -> DCB -> Apay Vouchers, gives a net 7% reward rate, if I run out of Apay Vouchers, I go via Amex Reward Multiplier
3. For Groceries -> DCB -> Amazon Shopping Vouchers, gives a net 10% reward rate. I can use BigBasket too, but from what I have seen Amazon Fresh is cheaper than BigBasket as well as local departmental stores, but this might vary depending on what you buy. Also, check Tata Neu TnC, you could possibly double dip with using Bigbasket vouchers and also get Neucoins via Neu app.
4. For clothes -> Myntra vouchers
5. For Jewellery -> I do only offline using DCB, can get 3.33% reward rate with no caps
6. For Electronics -> Croma or Amazon using DCB Vouchers
7. For any niche online websites that are not big retailers like Amazon, Croma etc. for which there are no Gyftr vouchers, I use SBI Cashback CC

Check what works best for you, but I would recommend to use DCB as your primary card. Also, micro optimizations will be too time consuming, so just I go with DCB and Gyftr generally.

Thanks. I will also use mainly this with 1 substituted by Axis FK. How do you use Amex reward multiplier for utility? For 7, I think for me Axis FK will be best since it's 1.5%.
I have plastic. Just got it before the alumni ban 😉

 

[aceventura]

Thanks. I will also use mainly this with 1 substituted by Axis FK. How do you use Amex reward multiplier for utility? For 7, I think for me Axis FK will be best since it's 1.5%.
I have plastic. Just got it before the alumni ban 😉

You can get Apay vouchers from Amex reward multiplier. I use those when I run out of those from DCB, as DCB has 20K Apay voucher limit per month currently.

For 7, you can use DCB too, it will give base 3.3% reward rate, it is just that SBI Cashback CC gives 5% for online.

 

[PSY]

You can get Apay vouchers from Amex reward multiplier. I use those when I run out of those from DCB, as DCB has 20K Apay voucher limit per month currently.

For 7, you can use DCB too, it will give base 3.3% reward rate, it is just that SBI Cashback CC gives 5% for online.

Are you sure DCB has 20K limit? It shows 10K limit for me. Till last month it was showing 20K, but changed this month.

 

[aceventura]

Are you sure DCB has 20K limit? It shows 10K limit for me. Till last month it was showing 20K, but changed this month.

I already bought 10K this month, I am able to add another 10K to the cart. If I add 11K to the cart, it says limit is 20K per month.

 

[Raun]

1. Does DCB give RP for merchant EMI transactions?
2. If NCEMI is cancelled after purchase, does DCB give RP for full transaction amount?