Optimizing My Credit Card Spending Strategy: Seeking Suggestions

[ansh_SmartSpender360]

Hi everyone, based on my current credit card portfolio, I have planned the following spending allocations across the respective cards. Please review and let me know if any adjustments or corrections are needed.

Item​	Sub-item​	Card​	Amount​	Benefits​
Fuel​	Petrol​	IDFC First Select Power+ Card​	Upto 10000​	6.50%​
​	​	Axis Indian Oil​	​	2.50%​
Grocery​	​	​	​	​
​	Local shop​	IDFC First Select Power+ Card(6.5%)​	Upto 2000​	5.00%​
​	SPAR​	Axis Rewards (Department stores – SPAR)​	Upto 7K​	3.20%​
​	Big basket​	HDFC Tata neu Infinity card​	Upto 4K​	5.00%​
​	Milk basket​	??​	​	​
​	Instamart​	ICICI Amazon Pay​	​	2.00%​
Food​	​	​	​	​
​	Zomato​	​	​	​
​	Swiggy​	Axis rewards​	Upto 150/2 times​	30.00%​
​	​	IDFC First Select Power+ Card(6.5%)​	Upto 150/month​	​
Department Store​	​	​	​	​
​	SPAR​	Axis Rewards (Department stores – SPAR)​	Upto 7K​	3.20%​
​	​	​	​	​
Insurance​	​	​	​	​
​	​	HDFC Tata neu Infinity card(tata nue app)​	NA​	5.00%​
​	​	ICICI Amazon Pay​	​	2.00%​
​	​	SC Ultimate​	​	3.30%​
Govt Transactions​	​	​	​	​
​	Tax payments​	SC Ultimate​	​	2.00%​
​	NPS​	SC Ultimate​	​	2.00%​
​	​	​	​	​
​	​	​	​	​
Utility​	​	​	​	​
​	Electricity​	HDFC Tata neu Infinity card​	​	5.00%​
​	​	ICICI Amazon Pay​	NA​	2.00%​
​	Airtel​	​	​	​
​	LPG​	HDFC Tata neu Infinity card(tata nue app)​	​	5.00%​
​	tata Sky​	HDFC Tata neu Infinity card(tata nue app)​	​	10.00%​
​	​	​	​	​
Education (School Fee)​	​	Sc Ultimate or HDFC tata Neu ??​	​	​
​	​	​	​	​
​	​	​	​	​
Movie​	​	​	​	​
​	Bookmyshow​	SC Ultimate​	Upto 300(Upto 500 for Non Movie Tickets)​	Minimum 2 Tickets /Month​
​	​	Indusind legend​	Upto 200​	B1G1​
​	​	​	​	​
Misc​	​	​	​	​
​	Medicines (1 MG)​	HDFC Tata neu Infinity card(tata nue app)​	​	10.00%​
​	​	​	​	​
Online​	​	​	​	​
​	Myntra​	SC Ultimate​	​	3.30%​
​	tata Cliq​	HDFC Tata neu Infinity card(tata nue app)​	​	10.00%​
​	Amazon​	ICICI Amazon Pay​	​	5.00%​
​	Flipkart​	SC Ultimate​	​	3.30%​
​	​	​	​	​
UPI Payments​	​	​	​	​
​	​	HDFC Tata neu Infinity card(tata nue app)​	​	1.50%​
​	​	IDFC First Select Power+ Card​	​	0.50%​

Could you suggest if I should apply for any additional credit card to maximize rewards? I am considering the Axis Airtel Credit Card to pay my Airtel Black bill of ₹2,500/month. Also, would it be beneficial to include the SBI Cashback Card in my credit card portfolio?

 

[Skylar]

I am considering the Axis Airtel Credit Card to pay my Airtel Black bill of ₹2,500/month.

Yes.

Also, would it be beneficial to include the SBI Cashback Card in my credit card portfolio?

Yes.

Also, Swiggy HDFC credit card as its being issued as LTF as of now.

 

[SanthoshSomu]

Hi everyone, based on my current credit card portfolio, I have planned the following spending allocations across the respective cards. Please review and let me know if any adjustments or corrections are needed.

Item​	Sub-item​	Card​	Amount​	Benefits​
Fuel​	Petrol​	IDFC First Select Power+ Card​	Upto 10000​	6.50%​
​	​	Axis Indian Oil​	​	2.50%​
Grocery​	​	​	​	​
​	Local shop​	IDFC First Select Power+ Card(6.5%)​	Upto 2000​	5.00%​
​	SPAR​	Axis Rewards (Department stores – SPAR)​	Upto 7K​	3.20%​
​	Big basket​	HDFC Tata neu Infinity card​	Upto 4K​	5.00%​
​	Milk basket​	??​	​	​
​	Instamart​	ICICI Amazon Pay​	​	2.00%​
Food​	​	​	​	​
​	Zomato​	​	​	​
​	Swiggy​	Axis rewards​	Upto 150/2 times​	30.00%​
​	​	IDFC First Select Power+ Card(6.5%)​	Upto 150/month​	​
Department Store​	​	​	​	​
​	SPAR​	Axis Rewards (Department stores – SPAR)​	Upto 7K​	3.20%​
​	​	​	​	​
Insurance​	​	​	​	​
​	​	HDFC Tata neu Infinity card(tata nue app)​	NA​	5.00%​
​	​	ICICI Amazon Pay​	​	2.00%​
​	​	SC Ultimate​	​	3.30%​
Govt Transactions​	​	​	​	​
​	Tax payments​	SC Ultimate​	​	2.00%​
​	NPS​	SC Ultimate​	​	2.00%​
​	​	​	​	​
​	​	​	​	​
Utility​	​	​	​	​
​	Electricity​	HDFC Tata neu Infinity card​	​	5.00%​
​	​	ICICI Amazon Pay​	NA​	2.00%​
​	Airtel​	​	​	​
​	LPG​	HDFC Tata neu Infinity card(tata nue app)​	​	5.00%​
​	tata Sky​	HDFC Tata neu Infinity card(tata nue app)​	​	10.00%​
​	​	​	​	​
Education (School Fee)​	​	Sc Ultimate or HDFC tata Neu ??​	​	​
​	​	​	​	​
​	​	​	​	​
Movie​	​	​	​	​
​	Bookmyshow​	SC Ultimate​	Upto 300(Upto 500 for Non Movie Tickets)​	Minimum 2 Tickets /Month​
​	​	Indusind legend​	Upto 200​	B1G1​
​	​	​	​	​
Misc​	​	​	​	​
​	Medicines (1 MG)​	HDFC Tata neu Infinity card(tata nue app)​	​	10.00%​
​	​	​	​	​
Online​	​	​	​	​
​	Myntra​	SC Ultimate​	​	3.30%​
​	tata Cliq​	HDFC Tata neu Infinity card(tata nue app)​	​	10.00%​
​	Amazon​	ICICI Amazon Pay​	​	5.00%​
​	Flipkart​	SC Ultimate​	​	3.30%​
​	​	​	​	​
UPI Payments​	​	​	​	​
​	​	HDFC Tata neu Infinity card(tata nue app)​	​	1.50%​
​	​	IDFC First Select Power+ Card​	​	0.50%​

Could you suggest if I should apply for any additional credit card to maximize rewards? I am considering the Axis Airtel Credit Card to pay my Airtel Black bill of ₹2,500/month. Also, would it be beneficial to include the SBI Cashback Card in my credit card portfolio?

Do you get 5% cashback in local with idfc select power plus + credit card?
How?

 

[Skylar]

Do you get 5% cashback in local with idfc select power plus + credit card?
How?

Its just gimik,

Grocery and Utility
• Applicable on: Eligible grocery & utility transactions are identified basis the Merchant Category Code (MCC) received with the transaction data.
• Applicable structure: 30 Reward points per ₹150 spends on grocery & utility (1 Reward point = ₹0.25)
• Maximum spends capping: ₹2,000 per statement cycle (Maximum 400 Rewards per statement cycle)
• Savings currency: Reward Points credit in card statement.
• No rewards will be given in case merchant does not belong to utility/grocery category basis the MCC.

400*0.25/- = 100/-

Max cashback you can earn on Grocery and Utility is just 100/- per month

and to redeem rewards you have to pay 118/-

 

[SanthoshSomu]

Its just gimik,

Grocery and Utility
• Applicable on: Eligible grocery & utility transactions are identified basis the Merchant Category Code (MCC) received with the transaction data.
• Applicable structure: 30 Reward points per ₹150 spends on grocery & utility (1 Reward point = ₹0.25)
• Maximum spends capping: ₹2,000 per statement cycle (Maximum 400 Rewards per statement cycle)
• Savings currency: Reward Points credit in card statement.
• No rewards will be given in case merchant does not belong to utility/grocery category basis the MCC.

400*0.25/- = 100/-

Max cashback you can earn on Grocery and Utility is just 100/- per month

and to redeem rewards you have to pay 118/-

Is it IDFC select card or IDFC power + card?

 

[Skylar]

Is it IDFC select card or IDFC power + card?

IDFC Power Plus
IDFC select doesn't have offer on grocery spend.

 

[krishna1718]

SBI Cashback CC- 5 % online
Airtel Axis CC - 25 % airtel, 10% utlities, 10% swiggy, zomato and bisbasket
Tata Neu Infinity CC - 1.5% UPI and Tata 10%
SBI BPCL Octane CC - 6.25 % on Fuel
HDFC millenia DC - 1% on wallet, smart buy 10-15%
Kotak 811 Super DC- 5% offline spends
Au ruplay platinum DC -20 % upto 100 on swiggy and amazon pay utility once in a month