Credit Card Suggestion for Yearly Spends of Rs. 12 Lacs

[vishyvich]

I have a yearly spend of approx 12 Lacs.
I travel once a year to 6-8 domestic locations for work and 1 international vacation every year.

I buy all my groceries and household items online. Mainly swiggy instamart, blinkit and Amazon

I mainly shop for my clothing online as well

I watch atleast two movies per week in theatre

Monthly electricity bill of 20,000

Monthly gas bill of 2500

Life insurance premium of 20,000 per month

I have a monthly fuel spend of 30,000 from Indian oil only

Important: I have my new house construction going on. I will be buying a lot of stuff for it like electricals, plumbing, electronic appliances, furniture, home furnishings, mattress, etc
Most of these will be bought through bank transfer to avoid card transaction charges but online items like mattress or some electronics will be bought using the card.

I can go with multiple cards or just one as the experts suggests.

Cards I currently hold

IDFC Wealth
SBI Simply Click
ICICI Amazon Pay
RBL Play
Axis Indian Oil

 

[TaxWiser]

I have a yearly spend of approx 12 Lacs.
I travel once a year to 6-8 domestic locations for work and 1 international vacation every year.

I buy all my groceries and household items online. Mainly swiggy instamart, blinkit and Amazon

I mainly shop for my clothing online as well

I watch atleast two movies per week in theatre

Monthly electricity bill of 20,000

Monthly gas bill of 2500

Life insurance premium of 20,000 per month

I have a monthly fuel spend of 30,000 from Indian oil only

Important: I have my new house construction going on. I will be buying a lot of stuff for it like electricals, plumbing, electronic appliances, furniture, home furnishings, mattress, etc
Most of these will be bought through bank transfer to avoid card transaction charges but online items like mattress or some electronics will be bought using the card.

I can go with multiple cards or just one as the experts suggests.

Cards I currently hold

IDFC Wealth
SBI Simply Click
ICICI Amazon Pay
RBL Play
Axis Indian Oil

If I was in your boots then I will go as follows:

● Best Travel Credit Card:

● Online Groceries: RBL Shoprite Credit Card (Currently offered as LTF on Paytm)

● Online Shopping : Amazon Pay ICICI CC, HDFC Millennia, SBI Cashback, Flipkart Axis CC

● Movies: RBL Play, SBI Signature/Elite CC or Aurum CC

● Utility: Airtel Axis, Amazon Pay ICICI

● Insurance Premium: Axis Ace, HDFC Regalia, SBI Elite, or Amazon Pay ICICI CC

● Fuel: Axis Indian Oil CC or any Indian Oil Co-Branded CCs

● For General Spends: Tata Neu Infinity, Jupiter Edge, PNB Platinum Rupay or any Rupay Variant CC

● GST or Tax Payments: HDFC Biz Series CCs
----------------------------------------------------
Expert's Conclusion

• Amazon Pay ICICI Credit Card: Covers online shopping, utility payments, insurance premiums, and general spends.
• Axis Bank Ace Credit Card: Covers online groceries, insurance premiums, fuel, and general spends.
• SBI Elite Credit Card: Covers movies, insurance premiums, travel benefits, and general spends.
• HDFC Biz Series Credit Cards: Specialized for GST or tax payments.

BTW Congratulations for your New House

 

[Skylar]

I have a yearly spend of approx 12 Lacs.
I travel once a year to 6-8 domestic locations for work and 1 international vacation every year.

I buy all my groceries and household items online. Mainly swiggy instamart, blinkit and Amazon

I mainly shop for my clothing online as well

I watch atleast two movies per week in theatre

Monthly electricity bill of 20,000

Monthly gas bill of 2500

Life insurance premium of 20,000 per month

I have a monthly fuel spend of 30,000 from Indian oil only

Important: I have my new house construction going on. I will be buying a lot of stuff for it like electricals, plumbing, electronic appliances, furniture, home furnishings, mattress, etc
Most of these will be bought through bank transfer to avoid card transaction charges but online items like mattress or some electronics will be bought using the card.

I can go with multiple cards or just one as the experts suggests.

Cards I currently hold

IDFC Wealth
SBI Simply Click
ICICI Amazon Pay
RBL Play
Axis Indian Oil

for Online Spends: SBI Cash Back
.
For ₹20,000 utility bills:
- Tata Neu Infinity: 5% cashback as Neu Coins via the Tata Neu App
- HDFC Infinia/DCB: 3.33%
- Axis Ace: 5% cashback up to ₹500 (rewards only applicable for the first ₹10,000 utility bill)
.
For Gas:
-Axis Airtel: 10% cashback up to ₹250 per month
.
For Insurance:
- HDFC Tata Neu Infinity Credit Card: 5% cashback up to 2,000 Neu Coins per month
- HDFC Infinia/DCB: 3.33%
In general: You can also consider the Axis Atlas/Reserve cards for their milestone benefits.

 

[lakshaymukhija]

Axis atlas would be great for you

 

[vishyvich]

I have applied for Axis Atlas and the bank agent should come next week for documentation.