Tracking spends on multiple credit cards

[Suresh]

I need suggestions on how to keep track of multiple credit cards so that my annual aggregates don’t exceed Rs.10 lakh.

Thanks

 

[zacobite]

I need suggestions on how to keep track of multiple credit cards so that my annual aggregates don’t exceed Rs.10 lakh.

Thanks

ms excel

 

[abhimarda]

I need suggestions on how to keep track of multiple credit cards so that my annual aggregates don’t exceed Rs.10 lakh.

Thanks

One can keep an excel sheet. However, why a cutoff for 10 lakhs? What happens at 10.2 lakhs?

 

[zacobite]

One can keep an excel sheet. However, why a cutoff for 10 lakhs? What happens at 10.2 lakhs?

IT reporting by bank

 

[abhimarda]

IT reporting by bank

But he said multiple cards? If all the cards are from different banks...need not worry for 10 lakhs..till the time it is 10 lakhs from each bank. And if the income is materially more than 10 lakhs then need not worry if the spend on one bank's card is more than 10 lakhs also

 

[zacobite]

But he said multiple cards? If all the cards are from different banks...need not worry for 10 lakhs..till the time it is 10 lakhs from each bank. And if the income is materially more than 10 lakhs then need not worry if the spend on one bank's card is more than 10 lakhs also

its not spending.. its payment above 10 L per bank.. maybe he wants to track...

 

[abhimarda]

its not spending.. its payment above 10 L per bank.. maybe he wants to track...

If not spending then no payment either...tracking part is good if someone wants to do....to keep expenses withing income...but a bit here and there should not make difference

 

[Skylar]

But he said multiple cards? If all the cards are from different banks...need not worry for 10 lakhs..till the time it is 10 lakhs from each bank. And if the income is materially more than 10 lakhs then need not worry if the spend on one bank's card is more than 10 lakhs also

Over all 10lac from all the credit cards is a red flag!
- If income is below 10Lac.

 

[zacobite]

If not spending then no payment either...tracking part is good if someone wants to do....to keep expenses withing income...but a bit here and there should not make difference

ok cool

 

[abhimarda]

Over all 10lac from all the credit cards is a red flag!
- If income is below 10Lac.

Yep...that would hold good for any income level