I want to apply for credit cards but I'm not sure which one I should be apply for. Can you suggest me with credit you guys use and found them useful in terms of benefits and stuff. And in general what all should I consider before choosing and applying for one.
Simple formula:
Have 1 no BS cashback card. Amazon ICICI especially if you're a prime member. HDFC swiggy if you eat out a lot. HDFC Millennia as all rounder. Axis Airtel for CB on all bills + gives 10% CB on Swiggy Zomato BB
Have 1 reward points card depending on where else you spend. I have AmpliFi CC from Fi coz I work here. Rewards me on my top 3 brands every month and I accumulate enough Fi coins from that + salary member that I redeem 500/- amzn voucher every month. Also heavy discounts on EMT + BMS.
Recently got Amex Travel Plat FYF to build up reward points for future travel.
In short, 1 CB card (no perks necessary, ideally free) and 1 valueback card (need perks like milestone rewards and lounge access etc, okay if paid)
More than these 2-3, nobody needs except for very very high spenders. Don't spend on anything you wouldn't spend on without a CC, and focus on growing income, not accumulating reward points 😌
Very insightful, I started with hdfc milinia and upgrade it to regalia gold. Thinking of getting a forex zero card, applied for fi but due to email mismatch they won't allow me as I already have a federal account with indMoney. So was thinking of scapia.
Some of the previous posts on this could be helpful - just sharing the top 2
Checkout this post on Grapevine - https://share.gvine.app/mZTm5PiaJmy4JabP8
Checkout this post on Grapevine - https://share.gvine.app/M8iNLznhgpTBdqYv9
Depends on what you want these for. You should list where you'd use those so people can give you the right feedback basis rewards / cashback.
My recommendation that everyone needs:
ICICI Amazon Pay (burner card, online spends, keep limit sub 1L to avoid fraud / abuse).
Axis Kiwi Rupay - for UPI on credit. Virtual card.
Main card - depends on your spend / patterns.
I want them for rewards, online shopping discounts, travel booking discounts etc.
Also less or no joining fee would be good.
Apart from that I'm not sure what else i need to consider. 😅
HSBC Visa Platinum It is free, and get your vouchers of Amazon & Swiggy.
I got it thinking, just incase. But have shopped 1L+ on travel sites, because it gets all the discounts
I've been using Amex MRCC credit card for most of my spending which are around ₹20k in most of the months. You can redeem their Membership Reward (MR) points to airlines miles, gift vouchers etc at a very good rate (~10%). Feel free to reach out on WhatsApp to know more details regarding it: 9911626956.Â
Amex referral (First year free for you + 2000 added bonus points on spends of ₹5000): https://americanexpress.com/en-in/referral/hARShGuqru?XL=MNANS
