Need help building my credit card portfolio

[bhavyakjain]

Hello

I need help building my credit card portfolio.

Profile :
CIBIL : 782
Salaried
ITR : 33 L +
Net Monthly : 2 L +

Current Cards :
1. ICICI Amazon Pay : 8.5 L : LTF : Since Sep 22 (Will keep)
2. Axis Ace : 5 L : 590 : Since Apr 23 (Primary Card, Looking to convert to LTF)
3. ICICI Coral : 12 L : LTF : Since Mar 24 (Primary Card for UPI, Crappy card, looking to upgrade or replace with better)
4. AmEx Plat Travel : 8.93 L : 5900 : Since Mar 24 (FYF, Will close after 1st year)

Wishlist :
- IDFC Wealth / Select
- HDFC Regalia Gold / Millennia / Swiggy
- SBI Cashback
- Federal Celesta
- IndusInd Pinnacle / Legend
- SC Ultimate / Smart

Primary Concern :
- Looking for primarily LTF cards or cards who can pay for themselves
- Need a good UPI card
- Need card for taxes, insurance, government payments
- Primarily looking for cashback cards
- Domestic travel once per quarter, so not much use for lounge access
- Movie offers will be good to have

Current Plan :
- Use AmEx card to get IDFC Select (Wealth not being offered yet, do suggest any method to get it)
- Apply Celesta LTF (Was being offered sometime back)
- Legend LTF (Was being offered previously)

Feel free to recommend other cards taht I should add to my portfolio
Please let me know how I can get my desired cards as LTF

Thanks

 

[Vara Prasad]

Hello

Go for SC Smart as it will give 2% cashback directly on ANY online spend + you can convert any transaction into 3 month EMI at 0.99% interest rate and no processing fee at all.

Also as you don't have any kind of HDFC CC, checkout HDFC Tata Neu Infinity CC which gives 5% (as Neu coins that can be used in Tata brands) on any kind of Insurance payments and utility bill payments. 1.5% as Neu coins on any transaction. You can use this cards as your primary for UPI spends as it offers the highest cashback 1.5% for UPI payments via Tata Neu app.

SBI Cashback can also be considered if you have many eligible online spends or if you can buy gift cards from park+ app which offers many popular brands like Zomato, Swiggy, BMS, Uber etc..

 

[amitvicky]

If you are looking for SBI cashback card, then apply it before any other card.
And try to apply it through cashkaro.
At least in my case it always gets rejected, I have tried applying at a gap of 3 months, 6 months, and also 9 months.... They just reject reject reject.

PS - I still do not have SBI cashback card.


Yes, Standard Chartered smart credit card would be a good choice as well
Start the application and leave it in between. Someone will call you and will take your application ahead. This will give you a better. chances for approval.

IDFC - get whichever LTF card they are offering you.
I heard they can upgrade after 6 months or so if you request them and provide salary slip etc etc.
I am waiting for the same to upgrade from select to wealth.


Other usual stuff....
- do not perform more than 3 enquiries in a month. It shows that you are credit hungry.
- do not apply every month
- do not reapply within 30 to 90 days based on credit card company.

 

[zacobite]

Hello

I need help building my credit card portfolio.

Profile :
CIBIL : 782
Salaried
ITR : 33 L +
Net Monthly : 2 L +

Current Cards :
1. ICICI Amazon Pay : 8.5 L : LTF : Since Sep 22 (Will keep)
2. Axis Ace : 5 L : 590 : Since Apr 23 (Primary Card, Looking to convert to LTF)
3. ICICI Coral : 12 L : LTF : Since Mar 24 (Primary Card for UPI, Crappy card, looking to upgrade or replace with better)
4. AmEx Plat Travel : 8.93 L : 5900 : Since Mar 24 (FYF, Will close after 1st year)

Wishlist :
- IDFC Wealth / Select
- HDFC Regalia Gold / Millennia / Swiggy
- SBI Cashback
- Federal Celesta
- IndusInd Pinnacle / Legend
- SC Ultimate / Smart

Primary Concern :
- Looking for primarily LTF cards or cards who can pay for themselves
- Need a good UPI card
- Need card for taxes, insurance, government payments
- Primarily looking for cashback cards
- Domestic travel once per quarter, so not much use for lounge access
- Movie offers will be good to have

Current Plan :
- Use AmEx card to get IDFC Select (Wealth not being offered yet, do suggest any method to get it)
- Apply Celesta LTF (Was being offered sometime back)
- Legend LTF (Was being offered previously)

Feel free to recommend other cards taht I should add to my portfolio
Please let me know how I can get my desired cards as LTF

Thanks

if you are a real cc user with financial acumen then forget LTF.. Focus on max value.. most good paid cards will return more than what you pay.

idfc nothing special anymore

plat travel v gd card.. hit the 4 L milestone.. fee will get covered + more.. amz gv on multiplier, insurance etc shd be on this card..

amz pay great card for amz prime users

scb ultimate good card for rewards gives points whr many others don't ( govt etc.) BUT horrible redemption options

List out all ur planned annual spends.. allocate on cards.. then decide if u r missing any category / returns.. dont only look for LTF..

swiggy gd card but i wd try for an infinia / dcb

upi cards almost all are similar.. for small spends returns are miniscule.. for big spends dont use upi.. not big value

look for gd fuel card..

try and stick to 1 bank 1 card..

good luck