Worst Credit Card Of The Year 2024 Award Goes To...

[Sobirvs]

I wish this thread was a poll and was about all cards that was worst and useless. My vote would have been for tata neu.

 

[theXfactor]

Only cards launched in 2024 were considered.

How about coming up with top 5 best and worst cards overall (all cards considered in circulation regardless of their year of launch)?

 

[deepak84]

very true....only hype...

 

[itsMrKPK]

Most of the premium card launches this year was a flop. Heavy fees and no value
Even sub premium ones like SBI Kris Flyer, SBI Reliance, some of the citi migrated axis cards, ICICI emeralde pvc paid etc are not worth the fees paid.

Citi Migrated Axis cards?
Axis Rewards card migrated from Citi Rewards became a 7000 per statement card for me.

A sweet spot of 3.3% worth of reward points while with Citi it is 10X worth 2.5% only but unlimited usage on apparel and departmental stores.

While Citi was providing 300 points worth 75 rupees for 30000 spend, Axis is giving 1000 point for 30k spend worth 200

So, A win situation.

Even for using it on other categories, Citi gives 0.2% reward rate where as Axis gives 0.32% reward rate.

Your view on this please.

 

[tachniki]

Citi Migrated Axis cards?
Axis Rewards card migrated from Citi Rewards became a 7000 per statement card for me.

A sweet spot of 3.3% worth of reward points while with Citi it is 10X worth 2.5% only but unlimited usage on apparel and departmental stores.

While Citi was providing 300 points worth 75 rupees for 30000 spend, Axis is giving 1000 point for 30k spend worth 200

So, A win situation.

Even for using it on other categories, Citi gives 0.2% reward rate where as Axis gives 0.32% reward rate.

Your view on this please.

Why will you care for 0.3% reward when many easily available cards give 1 to 1.5 % offline? Am I missing something?

 

[akiratoriyama]

Citi Migrated Axis cards?
Axis Rewards card migrated from Citi Rewards became a 7000 per statement card for me.

A sweet spot of 3.3% worth of reward points while with Citi it is 10X worth 2.5% only but unlimited usage on apparel and departmental stores.

While Citi was providing 300 points worth 75 rupees for 30000 spend, Axis is giving 1000 point for 30k spend worth 200

So, A win situation.

Even for using it on other categories, Citi gives 0.2% reward rate where as Axis gives 0.32% reward rate.

Your view on this please.

Howre you using it exactly? I also hold this card.

 

[itsMrKPK]

Howre you using it exactly? I also hold this card.

I use it in apparel and departmental stores.

That is it

 

[mj01]

IDFC Mayura and Ashva. They are a lot easier and cheaper to get than the other two, making them dangerously worse 🙃

 

[pranjal1984]

Strangely all four contenders are metal cards

 

[mj01]

Strangely all four contenders are metal cards

Banks think owning a metal is a status symbol. Honestly nobody cares about that metal crap if you can't comfortably cover the fees paid!

 

[Anindya98]

Strangely all four contenders are metal cards

Yes,

Banks think owning a metal is a status symbol. Honestly nobody cares about that metal crap if you can't comfortably cover the fees paid!

I respectfully hold a slightly different perspective. While metal cards undeniably exude a sense of premium quality through their look and feel, merely having a metal card without substantial benefits or the ability to offset associated fees does not provide much value.

When I received the Ashva Card, I noticed that its unique design often caught people's attention. Whenever I used the card in public, individuals would inquire about it, and its touch and feel during transactions were appreciated. However, without the attractive offers initially provided by the bank at the time of its launch, the card loses its practical appeal and value proposition.

A useful card in the metal form factor is always appreciated and loved.

 

[BhaiyaJi]

What about IndusInd Epay Amex card. They are doing misleading 5% cashback marketing for this card.

 

[daen.kith]

I can say those IDFC cards despite looking like high end they are not up to the mark. I was expecting IDFC will bring some value of money competitive cards like their saving interest rates, fd rates and fx conversion.

 

[itsMrKPK]

I can say those IDFC cards despite looking like high end they are not up to the mark. I was expecting IDFC will bring some value of money competitive cards like their saving interest rates, fd rates and fx conversion.

their savings account is devalued as well. They are giving fd interest only on the balance more than 5L now.

 

[theXfactor]

their savings account is devalued as well. They are giving fd interest only on the balance more than 5L now.

Not true. They are giving 3% on balance < 5L.

 

[theXfactor]

Not true. They are giving 3% on balance < 5L.

refer to https://www.idfcfirstbank.com/personal-banking/accounts/savings-account/interest-rate

 

[Noxious]

ICICI times black, No actual benefits, worst redemption rate, but gives limit like its a home loan

 

[abhiaj98]

@TechnoFino be like, ekdam se waqt badal gaya

 

[violetevergarden]

@TechnoFino I think the Times Black is now among the best cards. Based on middle class discount requirements I think best card would be now -
1. Emeralde metal
2. Infinia
3. Icici Times Black
4. DCB metal

 

[BVCBVC is verified member.]

@TechnoFino I think the Times Black is now among the best cards. Based on middle class discount requirements I think best card would be now -
1. Emeralde metal
2. Infinia
3. Icici Times Black
4. DCB metal

+Add SBI Cashback for true Cashback!!