Which is the best credit card if your spending is 40k/pm for the benefits and rewards?
Depends on a lot of factors buddy. The places you spend and the categories
Could you give some options to choose from or how to find the suitable one ?
If your spends mostly are for amazon, then go for icici amazon card( actually even if you don’t spend much there still get the card, its 5% cashback and no charges)
If you use at restaurants and similar places, then go for regalia, good cash back. There maybe better options now.
If you travel and also have contributions to health insurance and stuff like that, use Amex.
If you spend online on special platforms a lot then take partnership credit cards.
And if you spend every where and prefer points to cashback, then there are bunch of cards but recently I heard good stuff about Standard Chartered Bank’s.
If you are young and don’t have much financial commitments then try to avail at least two to three cards. And maintain a log of target spends for each card. Take the low end ones. It will increase your score and also lets you get a bunch of benefits.
Most importantly protection against frauds.
But before you do all of this, make sure you really understand about credit cards and the pit falls.
Most of these recommendations are stuff I researched sometime ago.
If you shop online mostly there is a SBI cashback card that is flat 5% off on all online merchants.
999 annual fee
I have HDFC regalia and I am planning to upgrade, looking out for suggestions.
I currently have these cards:
I have Amazon pay ICICI, it started off well, I made all payments thru Amazon pay and good cash back but now while making payments on 3P apps, you can only use Amazon pay UPI
The other card I have has is Kotak Indigo and it’s shit
Comparing things across rewards, customer support and ease of onboarding. I was looking to apply and don’t know exactly what I should be looking for
