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How Many Paid Credit Cards You Hold and Why ?

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Finance Mentor
beastboy

Thought to discuss on how to max the benefits of paid credit cards and Make best use out of them... 

Coz many of the LTF free cards don't offer much value in terms of Reward points

Below are the Paid Cards I hold 

SBI Simply Click - 499 + 18%GST / Annum (Took just to get benefits of the SBI regular card offers on Amazon and Flipkart)

SBI Simply Save - 499 + 18%GST / Annum (Recently took as it was preapproved with Rs.500 Amazon GV, will close it after a year)

Standard Chartered Digismart - 49 + GST ( Fee Waiver on Spends of 5k per month, I spend approx. 3.5k on Myntra to get 20% off and Load Paytm wallet for remaining 1.5k to get fee waiver)

Amex MRCC - 1st Year Free , 2nd Year 1500 + GST ( Took the card 10 Days back as its free for 1st year under the referral offer and also I found its one of the best card out in market if you can manage to spend 6k monthly on this card , it will fetch you approximate 5% reward value)

ICICI MMT -  499 + GST (Only One Time Need to Pay this , post that card will be LTF - Took the card just to use for regular Amazon and Flipkart Offers)

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Finance Mentor Finance Mentor
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There are many premium cards in the market out there, which justify their high fees and people holding them

reap more benefits than the card fees , please share if you know which such cards to take.

Generous Generous
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SBI CB

SBI BPCL

Deal Cadet Deal Cadet
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Why not simply click, why BPCL

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Deal Lieutenant Deal Lieutenant
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Only sbi cashback which is going to be free as 2l spends is definite

Deal Subedar Deal Subedar
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Holding 

SBI Simply Click, fee waiver with 2 Lac spent is feasible

HDFC Infinia, First year free, will evaluate next year and might cancel as fee is ~12k.

Amex MRCC/Pat travel: will pay the fee with RP

Axis ACE: fee waiver with 2 Lac spent is feasible

BoB Ererna: first year free. will cancel next year as SBI CB is giving better value

Deal Cadet Deal Cadet
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Just call cc before card renewal and ask for retention offer as card fees is high. They will surely give u some offer else say that u will close this card... I asked for retention and they said spend 30000 in 90 days and we will revert ur renewal fees with GST

Helpful Helpful
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Axis Airtel: useful to pay bills on airtel (Broadband 25% cb, others 10% cb)
SBI cashback: FYF, will be keeping it for 5% cb on (limited) online spends.

Comrade Comrade
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I have been trying to get both of these since quite some but unable to get 😭

Airtel app just shows no offer present for you at moment

SBI straight reject due to internal policies


worst thing is I have account in both axis and sbi 🥲

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Benevolent Benevolent
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All my LTF cards are very basic and have rewards even less than a debit card. So I took FK Axis CC and SBI SimplyCLICK CC as paid. Easy to spend the required amount on both these cards for annual fees waiver. The joining fees were reversed as vouchers. So all good. 

Finance Mentor Finance Mentor
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@Loveall bro how you got Infinia and Eterna 1st year free

Deal Subedar Deal Subedar
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@beastboy Infinia was upgrade from Regalia, Eterna was first year free when i applied, Now also if you spent 25k in 60 days it first year free.  
Helpful Helpful
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Double post

Deal Cadet Deal Cadet
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How you hold two SBI cards OP? I tried to apply SBI simply click while having other SBI card, got rejected 

Deal Cadet Deal Cadet
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You can hold two SBI CC + one co-branded SBI CC

Tech Guru Tech Guru
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SBI Simply Save - 499 + 18%GST . Bhai even with 500 rupees gift voucher they ll take 90 rupees. No clear benefits 

Finance Mentor Finance Mentor
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2 Lakh spend pe , 2k*2 - 4k worth Cleartrip GV you can get apart from reward points
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Firestorm Firestorm
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Paid Cards -

Axis Ace - 499+ gst

SBI Simply Click - 499+gst

ICICI MMT - 499+GST(1 TIME)

I spent easily more than 1L in sbi so effectively free.

Ace I have to pay 499 as it has 2L spent .

Helpful Helpful
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SBI SimplyClick Axis Ace
Finance Mentor Finance Mentor
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@10ven , yes bro you are correct....

@bikidas2060 bro try to get your card variant change....

2 Lakh to aaram se ho jayega, many guys do mobile orders for others 😁

Firestorm Firestorm
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Axis Airtel & ace

Deal Lieutenant Deal Lieutenant
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Only 1.

SBI SimplyClick.

Cause my friend's iphone EMI is going on this card.

Otherwise would have closed it, specially after devaluation.

Helpful Helpful
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Axis airtel, Axis ace, SC Ultimate, Amex MRCC, SBI Ola, SBI Cashback

Finance Mentor Finance Mentor
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1st Big Fees card found in the thread...
How you manage to make best use out of SC ultimate bro ?
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Post Mogul Post Mogul
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Axis Ace

SBI SimplyClick

SBI Cashback
Also have these Lifetime free
Flipkart Axis
ICICI Amazon Pay
ICICI Platinum
HDFC Indianoil

Post Emperor Post Emperor
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icici platinum, any RP and CB on it? can't find anywhere on website.

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Deal Cadet Deal Cadet
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Axis Ace

Amex MRCC

Citi Rewards

Talk-Of-The-Town Talk-Of-The-Town
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Whats the best card for fuel spends? preferred reward points instead of direct cashback. No issue of annual fee/renewal fee.

Finance Mentor Finance Mentor
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SBI Octane
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Talk-Of-The-Town Talk-Of-The-Town
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How to get sbi octane, help me out

Deal Cadet Deal Cadet
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Once I was getting it pre-approved, but I postponed it thinking of taking it near to my SBI BPCL renewal date and cancel it.. But when I tried to apply for it, it was gone.. sad

Keep checking pre-approved card page, you might get it sometime...

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Deal Cadet Deal Cadet
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SBI simply click Amex MRCC
Benevolent Benevolent
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Paytm Citi for Paytm spends. Soon to be closed. Always reached waiver. So no fee paid.

Sbi cashback for online spends. Always reached waiver. So no fee paid. May close if 5% gets discontinued or any heavy devaluation.

Axis magnus for any spends amounting 1L. Only Joining fee paid, no option. But benefits outweigh the fee. May close next year if they discontinue 1L milestone. Definitely not reaching 15L milestone for fee waiver 😅.

ICICI MMT - Took it as there was only joining fee and they were giving 500 MMT cash and I had only 1 or 2 cards at that time.

Deal Cadet Deal Cadet
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Paytm citi card uses?

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Generous Generous
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amex mrcc: will keep till they support wallet +1500x4,1000 MR aslo they gave complimentary smartearn card with it

sbi ola : will ditch it soon as no longer use ola , uber offer far better price anyway

citi reward : i dont know why i have this card , will dump it soon if citi dont make it ltf

axis ace: 2% on everything +grab deal is my primary use for market offline

sbi cashback: first year free so use till then see


Deal Cadet Deal Cadet
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In which wallet you are adding 1500 X 4 = 6000. Earlier I used to buy Amazon pay gift card... But now not able buy it ... Any other trick to spend.... And use that money for bill payment or .....
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Helpful Helpful
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Nobody seems to have mentioned Axis Freecharge yet.

Fees I think is Rs. 350 which will be waved off at a spend of 50k in a year.

It gives 5% real cashback on every transaction done on Freecharge app (1% + gst convenience fees are charged on Freecharge for electricity > 1k, so effectively one gets 3.9% I think on electricity).

I combine this with AMEX MRCC to get 4-5% on other spends overall.

Overall, I feel 50K spends Axis Freecharge for utility + 1.5L spends on Amex MRCC for other spends gives around 4-5% cashback and much better than having Ace + SBI cashback combo as this combination effectively becomes LTF as the spending criteria can be easily met.

Deal Subedar Deal Subedar
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AMEX MRCC gives 4-5% on offline spends too?
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Talk-Of-The-Town Talk-Of-The-Town
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Guys, i spend 38-45k on fuel every month via credit card, is there any reward point/ milestone based card which i should be getting, it is getting very difficult for me to decide

Deal Newbie Deal Newbie
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I have only SBI Prime which is ₹2999/year. No specific reason. Major all spends happens on that. Will get renewal fees waiver anyway by spending 3L in a year.

The remaining 3 are LTF (Apay ICICI, Kotak league + Axis MyZone)

Finance Mentor Finance Mentor
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Whats the RP value % you get from this card and any special benefit you get on reaching any milestone bro ?
Pro Coupon Hunter Pro Coupon Hunter
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I have only one paid card and that is SBI fbb Style Up card. Now i want to close it and want to get SBI cb card. Can anybody tell me the process of getting SBI CB card?

Deal Newbie Deal Newbie
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SBI BPCL with additional 2 add on cards for fuel spends.

HDFC millennia with 2 addon cards for 5% cashback on Flipkart and Amazon (they told it was free while taking, i don't know whether it has charges)

Deal Cadet Deal Cadet
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Which card is best for fuel among those?

Deal Cadet Deal Cadet
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Amex- MRCC, GOLD, SMART EARN....All are paid cards.. I will use for this year.. then close if they will not provide any waive offer. SBI BPCL - this year is free as I have achieved spend mild stone - thinking to switch other varient with low fee or good reward points.. Standard Chartered Smart recently changed from Manhattan Card 2% Cashback for online spends. Tata SBI.. Thinking to close this card this year.. Till now not paid annual fee.. keeping this extra sbi card for online offer like Flipkart Amazon.... RBL Maxima - on the way to close the card but forgotten and they charged 2000+GST... Later they reversed fee only.. not gst.. so this year will continue to use... Next year either i will close the card or change to lower varient.... UNI PAY CHECH .... 999 Fee... Which is refundable after 12 months, if i continue use it for 12 months..... They are crediting 40000 on 6th of every month in saving bank account, i have to pay it back on 20th of every month... CITI Indian Oil-
Finance Mentor Finance Mentor
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Are you paying fees for all the 3 Amex cards , combined charges will be around 10k right ? How are you making best use of these 3 bro...
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