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🌟 Updated comparison chart for cashback credit cards is here 🌟
➕ Now includes HSBC Cashback
🆕 Includes new cashback rates on Airtel Axis credit card
Check the first set of cashback to see why APay ICICI, Neu Infinity and SC Smart are the consistent cashback credit cards.
Updated go to reference guide for cashback credit cards is here✨🙌
If you use cashback credit cards, use this handy chart to quickly find which spend will give you how much cashback!
As always, do like🩷, share ↗️ & retweet🔄
Discuss on the forum:
It is time RBI directs that any CIBIL report correction is done within 7 days of customer raising a request. Rs 500 fine should be given to customer for each day this is delayed.
It will set a lot of banks in order.
Came across a very good thing today on one forum. Someone got rejected for LTF MyZone CC. Then, he took it to RBI stating it was rejected without a valid reason.
RBI asked Axis to issue the credit card with a 5K compensation in his savings account. 👏👏👏👏
Updated reference chart for cashback credit cards is here ✨
If you use cashback credit cards, use this list to quickly find which category will give you how much cashback 👍
Discuss:
🚨 The only reference you will need to find cashback rates across spend categories for cashback credit cards 👇
This includes changes coming to Cashback card from 1-May-23.
Criteria: Credit Cards with annual fee less than Rs 1000
View on the forum:
The return of the king of super-premium credit cards: Infinia 👑
Check out how the reward rates of Magnus compare against Infinia, DCB with the milestone gone, transfer ratio reduced to 5:2 and Gyftr multipliers capped.
Forum link:
Updated go to reference guide for cashback credit cards is here 🙌
Adding in the new Swiggy credit card to the chart✨
If you use cashback credit cards, use this to quickly find which spend will give you how much cashback!
Do Like🩷, Share ↗️ & Repost 🔃
Have a spend coming up and thinking which super-premium credit card to use?
Here is a quick reference to help you decide the best among Infinia, DCB and Magnus for your next spend ✨
Simple strategy for spends 👇
🔵 Atlas for offline spends
🔵 Infinia for SmartBuy spends
🔵 Tata Neu Infinity for UPI spends
🔵 MRCC 1500X4 for Amazon GV
🔵 Plat Travel for insurance and government spends
All other cards are only for tracking changes and website reviews.
Which LTF IndusInd credit card to go for?
⭐️ Go for Tiger if you need complimentary international airport lounge access and transfer points to Vistara
⭐️ Go for Legend if you need the zero AMB Select savings a/c
Apply for LTF IndusInd credit card➡️
The recent change on Swiggy HDFC card has made it quite a good option in cashback credit cards.
Here is a chart showing how it compares with other cashback credit cards and if you should go for it ➡️
Apply for HDFC Bank Swiggy Credit Card 🔛
🌟 Updated snapshot of rent payment charges and rewards across credit card issuers 🌟
Find out if your credit cards will give you a positive net benefit on rent payments 👇
Do 🩷, ↗️, 🔃 for sharing ✅
The news we were all waiting for!
📱 Apple Pay is coming to India with iOS18
✅ HDFC Bank credit cards will be the first ones to be supported
Probably, we will also see launch of Apple HDFC Bank credit card at the same time 👍🏻
🚨EXCLUSIVE LEAK🚨 (VIDEO DEMO INCLUDED)
Apple Pay will be available in India with the release of iOS 18!
This is what we know so far:
- Supported on iPhone 11 and above
- Only HDFC credit/debit cards will be supported (VISA and Mastercard)
- The cards must have 'Tap to Pay'
I needed to spend Rs 1 Lakh on my Platinum Travel to meet the Rs 4 Lakh milestone.
So, I redeemed Rs 8 Lakh in capital gains to pay 12.5% LTCG tax with the card.
To hell with compounding, credit card rewards are better 😈
This is a fictional story and does not have any relation to recent developments 🙏
Unlimited chips -> 4000 chips -> Rs 1 Value -> 50 paise Value -> 0.2% processing fee -> To be continued
🌟 Cashback Cards Comparison Update 🌟
❗️List of 'all-rounder' cashback cards is getting shorter
Apply for the best ones👇
AU Xcite Ace:
SBI Cashback:
SC Smart:
HSBC Cashback:
CRED acquires Kuvera ✅
The top 1% credit card customers app will now sell mutual funds to its customers. Get ready to earn Cred coins 🪙 on MF investments.
Salaried folks cannot escape income tax and multitude of other taxes on their income and spends.
They atleast get back some % on their spends with credit cards. Financial influencers won’t tell you this.
Bad News: iPhone 15 is not a significant upgrade.
Good News: You can buy iPhone 14 with almost same features at a good discount. Keep your HDFC, ICICI and SBI cards ready.
🚨HDFC Bank starts reporting full credit card limit to CIBIL.
This is a good change and will help many of us maintain a lower credit utilisation at overall level. 👍🏻
Made a credit card bill payment with a leading app. Got Rs 3 cashback after spinning the 🛞. The app said to make the most of the winnings.
So, went out and bought Eclairs with the cash back using UPI 👌
#truestory
Some folks travelling in domestic airlines got to understand that there are few who pay to have the window and aisle seats 💺
It is rather irritating when someone occupies it and says can you please shift. No, Thank you 🙏
RBI needs to create a new directive. Credit card issuers need to have an opt-out service for customers to not get calls/messages for loan on credit cards.
Increasing calls and messages from every other issuer to take loans 🤦♂️
RuPay on UPI is almost gone for high value transactions.
But, the best use case of it to pay at small fruits, vegetables and snacks shops is truly a game changer!
SBI Cashback devaluation is here. 😄
Multiple categories now excluded from cashback.
Maximum cashback capped at Rs 5000 per statement cycle.
Domestic airport lounge access is now gone.
Axis Atlas vs Amex Platinum Travel for Rs 4 Lakh annual spend 👇
✅ Atlas has a base earn rate of 2 EDGE Miles/Rs 100. So, you get a total of 13000 EDGE Miles with renewal and milestone benefits.
✅ This is 26000 points for any of the transfer partners.
Thinking of an interactive credit card search tool where card features will be summarized and added as filters.
For example, we can filter cards by joining fee, annual fee, and count of complimentary airport lounge visits. More filters can be added when required.
Yes, you can use your Platinum DC to pay credit card bills on SBI Unipay to get 1% cashback.
Tried and tested, reward points received for payment done recently ✔️
The Amazon and Flipkart sale season is coming soon!
People with multiple credit cards will be the most in-demand among friends, family and relatives! 😁
Need to pay your insurance premium and Amazon Pay is not one of the supported options?
Check the best credit cards for insurance premium payment with the below info chart 🙌
Questions? Do post them on the forum thread 👇
How does the Cashback SBI card compare to existing cashback credit cards in the market? Which is the best cashback card for your spending?
Find out by entering your spending in the rewards calculator on the SBI Cashback card review -
🚨 ICICI Bank Alumni Program Update
ICICI has added many more institutes into the program. Now you can get LTF Sapphiro/Rubyx/Coral depending on the institute.
Updated List of Institutes 👇
(1/n) Why the Amex Membership Rewards Credit Card (MRCC) is one of the best options if you are starting off with American Express credit cards?
A thread 🧵
Please RT🔃, Like ❤️, and Share ↗️ if this helps you!
The only list you will need to refer for finding the supported transfer partners across different credit card issuers 🌟
Consolidated list across the big 4: Axis, HDFC, Amex and Citi 👍
Everyone backing Paytm as a start-up but not one concern stating why they could not comply with RBI regulations earlier or if they are working towards addressing concerns🤷♂️
And it is a listed entity too!
How to use HP Pay for getting up to 16% reward rate on fuel spends? A step by step guide 👇
1⃣ Buy Amazon Pay GV with Amex Reward Multiplier, HDFC SmartBuy or Axis Gyftr
2⃣ Add Amazon Pay GV to your Amazon account
3⃣ Go to HP Pay -> Insta Vouchers -> HP Pay GV
Best Cashback Cards Trio ⬇️
1⃣ Axis Ace: 2% unlimited cashback on offline spends
2⃣ SBI Cashback: 5% cashback on online shopping and more
3⃣ Tata Neu Infinity: 1.5% NeuCoins on UPI payments and 5% on bill payments (still works for most customers)
Do you have this combo?
30% on MedPlus, Apollo Pharmacy
20% on Reliance Smart, DMart
& more!
You don't need a super-premium credit card to get this kind of savings on essential spends. Just the LTF OneCard is enough! 👍
Rake in those reward points while you can ✅
The team at Axis Bank that is in charge of launching and revamping this miles transfer program deserves an applause! 👏
It has never been easier to earn points and for such an extensive list of global airlines and hotel loyalty programs. ✨
Make the most of it. We will see
With the launch of Swiggy card, we can now hold 4 credit cards from HDFC Bank at the same time.
Even, Axis Bank has started allowing 4 CCs.
IDFC First Bank also allows getting Vistara or Power credit cards in addition to their core LTF cards.
Good times for CC enthusiasts!
Would you be interested in a credit card that offers flat 2% value back without any cap even on spends like
☑️ Utilities
☑️ Insurance
☑️ Rental Payments
☑️ Government Payments
The card is not LTF but offers a renewal benefit equal to the annual fee.
What is an airport lounge access worth if the credit cards did not offer it as a complimentary benefit?
Check out the pricing of these DreamFolks memberships 👇
It took some time to get it approved but here it is! ✨
The 4th HDFC Bank credit card after Infinia, DCB and Tata Neu Infinity - Marriott Bonvoy HDFC Bank Credit Card. Happiness! 🙂
The edge that the Infinia still has is the ability to redeem reward points at 1 RP = Rs 1 for all domestic flights like IndiGo, AirAsia etc.
Magnus is ahead only for airmiles transfer. Leave that out and we cannot use those EDGE points for booking flights at a good value.
ℹ️ Here is the complete list of institutes eligible for the ICICI Bank alumni program.
You can get a LTF Sapphiro credit card if you are an alumnus of one of these institutes.
With the frequent changes in charges for rent payment with credit cards, thought of consolidating it all in one location.
Check and comment at:
P.S. - You can also log in with Google on the above link to leave a comment. 🙂
Success Story - A win against Axis Bank 🏆
🖍️Requested for credit card closure in August 2023.
🖍️Credit card closed in November 2023.
🖍️Raised RBI Ombudsman complaint in December.
🖍️Received Rs 47500 compensation amount today.
🌟 Best cards to get savings on bill payments 🌟
🩷, ↗️ & 🔄 if this is helpful!
1⃣ Airtel Axis: 10% off up to Rs 300/statement
2⃣ Axis Ace: 5% off up to Rs 500/statement
3⃣ Infinia : SmartBuy Amazon Pay GV at 16% rewards
4⃣ DCB : SmartBuy Amazon Pay GV at 9.9%
Holding many LTF cards is easy. The issues arises when we miss a payment on them.
If you make a transaction on these lesser used cards for some offer, pay it immediately. That way you don’t need to track statements of all cards.
Track the important ones and you are good.
Swiggy One > Zomato Gold
Zomato Gold needs a minimum order value of Rs 199 to get free delivery. Swiggy One gets free delivery at Rs 149 order value.
This makes a big difference for smaller orders.
Zomato’s new version of its ‘Gold’ loyalty programme is helping it win market share from rival Swiggy, according to a report by HSBC. It said that the market shares of Zomato and Swiggy are expected to diverge to 57 percent and 43 percent, respectively, in FY24.
Buying something just because it is on discount and offers accelerated reward points is a recipe for disaster.
It does not matter even if you get 80% back as benefits. The 20% out of your pocket is still a waste of money and you will have a thing that may not even be needed!
The credit card space has been rather silent for sometime now.
But, we have some news at last. RBI bans Kotak Mahindra Bank from issuing new credit cards!
That was one of the last banks we expected to face this action.
Magnus 🤜🤛 Atlas
When it comes to base earn rate, Atlas is a better option than Magnus and also Burgundy➕Magnus considering the 10L requirement.
Include the milestone benefit and you have got Atlas as a winner for the 5K fees.
Atlas Review:
It is amazing how HDFC has created such a good impression about its super premium credit cards. It is an achievement to get Infinia!
Infinia is so hard to get that many end up taking bad ULIP plans or maintain a lower card like Regalia Gold just to be eligible for the Infinia.
Looks like H D F C BillPay has found an unique way to thwart credit card bill payments without devaluing it.
❌ Repeated bill payment errors for some of the issuers ‼️‼️
❌ Even if you earned cashback points, redemption does not work!
Is it working fine for you?
🧵
If you are an Airmiles enthusiast, the trio of Axis Bank Reserve, Magnus, and Atlas are all you need.
Each of them comes with its own sweet spot for spending. The good thing is it's all very simple to target.
When you send an email to the bank to either close the credit card or make it LTF, please be aware that they can directly close it as well without any further questions. 😂
If you want to stick to simple cashback credit cards for your spends, this trio >>>
1⃣ Axis Ace: 2% unlimited cashback on offline spends
2⃣ SBI Cashback: 5% cashback on online shopping
3⃣ Tata Neu Infinity: 5% NeuCoins on bill payments and 1.5% NeuCoins on UPI spends
If you want to upgrade your HDFC Bank CC, send an email to Grievance.Redressalcc
@hdfcbank
.com with your customer id, last 4 digits of CC, and requested upgrade details.
Chances are you will most likely get a more favorable response than you get in a branch. Try it.
🚨 Action against Paytm Payments Bank by RBI
No further deposits or credit transactions or top ups shall be allowed in any customer accounts, prepaid instruments, wallets, FASTags, NCMC cards after February 29, 2024.
Updated version: Adding American Express transfer partners to the list ✅
Check the infographic below to find the supported transfer partners across HDFC, Axis and Amex.
Hope this is useful. Please ❤️, ↗️, and🔁.
When it comes to buying online:
Price < 5K: FK
Price >5K: AZ only if cannot buy at same price from Croma
It is always better to avoid suspense during product delivery 😅
2⃣0⃣2⃣4⃣ has started with a b̷a̷n̷g̷
🟤 AU does the first devaluation of 2024. Zenith now gets only BMS BOGO up to Rs 250.
🟤 ICICI Bank increases spend requirements on its entry level cards to get airport lounge access. Now, spends need to be 35K in preceding cal qtr.