Citibank CCs - Suggestion Needed
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I've 2 CCs from Citibank - Paytm (Lowest CL of all CCs : Rs. 71,000) and Rewards (CL : Rs. 1,80,000).
I hold 9 CCs out of which 3 CCs aren't LTF including the above 2, that's why I need to decide if I should continue holding them or discontinue.
Here are my concerns, please suggest me :
Paytm CC :
- Has high spend based target of Rs. 1 lacs and now on adding money to Paytm wallet via Uber/Zomato, I don't even get 3% cashback. 1% cashback as statement is good but I've Axis Flipkart CC, so, that's 1.5% and is LTF too.
- Even adding money to wallet through Paytm app, no 3% cashback or even 1% cashback.
- I'm staying at home, so, no rent payment since Covid (permanent WFH) and even if situation arises, I've other cards and in long run, I think even 3% cashback on rent payments would also stop on Paytm CC.
For all above points, I'm thinking of closing Paytm CC before next cycle starts.
Rewards CC :
- Has low spend based target of Rs. 30k and is the only Mastercard CC I hold.
- Thinking of holding it for now as I would miss out on Citibank CC offers if I close this one.
Should I close this or keep this one until Citibank CCs are operational? Next cycle for this CC will start somewhere around October, so, need to decide ASAP.
Other CCs I hold :
- HDFC Regalia (LTF)
- Amazon Pay ICICI (LTF)
- Ola Money SBI
- Axis Flipkart (LTF)
- BoB RuPay Premier (LTF)
- ICICI Platinum (LTF)
- RBL Edition Classic (LTF)
- SBI Cashback (Applied & Approved, will get it soon)
Please suggest me what should I do based on CCs I already hold and any suggestion to get which CC will be appreciable. Also, can I ask for Citibank for making it LTF ?
One last thing, how early should one start the process of closing the card so that next year cycle doesn't start and I'm charged with annual fee.
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are you sure you are getting 1.5% for adding money to paytm via uber / zomato ?
I tried last time.. but got 0.. please check in CC statement once..
I mentioned 1.5% cashback as compared to 1% cashback adjusted into statement. I guess you mistook it as cashback I get for loading money to Paytm wallet ... if I had put more clarity, the post would've been longer
arre, ye discussion doosre hi direction mei le gaye sab
(Translation: This discussion took a different direction)
Help me out people, discussion for SBI CCs can take place in another thread 😭
@guest_999 @prem4998 @xxxyyyzzz @UniqueDimer
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I also have a Citi IOCL, haven't aggreed to those spammy consent of converting to axis.
I guess as lending partner changes, there may be two hard enquiries in your cibil as we see in bnpl's.
Paytm you can get rid now if it's excluded from sales
<now on adding money to Paytm wallet via Uber/Zomato, I don't even get 3% cashback. 1% cashback as statement is good but>
Never knew this, so tried 2 days back 100 rs transaction via swiggy. Now see 3 more points. So it is indeed giving 3% and working even now.
Citi card are not that good with offers but in a year one or two gud offer may come to justify there ( oppurtunity cost)
Closing the card even in the 11th month of billing cycle year should not result in any charge(at least in case of debit cards this is usual) but it depends on card issuing bank too I think.