Please Help Me in Selecting Credit Card. || EXPERTS ONLY
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Please help me to select credit card.
I have never applied for any credit card in past. Now I am looking for CC.
My cibil score is 800+. income/month in 6 figures.
I am looking for a card to ONLY load money on wallet Paytm Freecharge and Phonepe (total 10000RS/month).
Which card will be the best.
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It’s 1 figure less than what you earn monthly
HDFC infinia or Diners Club black
Income per month doesn’t determine anything.
It’s Ur spending pattern that decides which card to choose..
If you are only looking for a card to load money on wallet Paytm Freecharge and Phonepe (total 10000RS/month). then there is not much point in getting a cc. People take CC to maximize their savings & wallet loading is the least reward giving option among any credit card benefits.
If you just need to spend 10000/month. Then the best would be to get amex MRCC and about 6 months later Gold charge card.
Split 1000×10 on both cards and get 2000 bonus points every month. Totalling to 24000 points at the end of the year which can be redeemed for 10000 Rs. Statement credit.
Although there is a yearly fee which can be waived off on certain spending on each of them.
Infinia is a invite only card. DCB won’t acquire points on wallet transactions.
SCB ultimate gives 3.3% but the redemption options aren’t that great.
SBI simplyclick gives 1.25% even with wallet load….. And 1L yearly use make it free for a year.
@midfold Thank you for helping me.
I will search online for simplyclick. Please share if you have any docs/site for this.
Ping me for sbi, yes or citi credit referal, if anyone want credit card
Income 1.0+ per month and expense only 0.1 that too from wallet…
Anyways if net more than 1.25 then you must take hdfc regalia, if 1.75 then hdfc DCB..
Must have cards are Amazon ICICI and Flipkart axis..
do you have any loan ?
@kurk Thank you for helping me.
amex cards annual fees are really high..Seems like amex MRCC has 4500 rs fee.
I will save 400X12(months)=4800(yr), if I load 1000(rs)X4 =4000 rs (month) and I will give them as annual free 4500, so 300 rs saving.
Please ignore/correct me if I am wrong as I am starting for CC
They are running 1st year free.
2nd year onwards fees is half if annual spends are 90k and completely waived off if spends are more than 1.5 lacs. Also you get 2000 bonus points if you go through referral route.
As per your case Wallet spending is main, I suggest you for Amex MRCC… as you are already going to spend 1.2L in year. Spending 30k more is not a big deal.
I almost fit in your category and I found MRCC is the best. Dont worry about annual charges most of the time they wave off the charges based on request.
Before marriage, my annual spends were hardly 80-90k but they waived off the annual charges for me just with a simple call. Or wait for some promotion from AMEX where they will offer LTF card if income i is abobve 15L. Many of my friends got like that.
Now how much?🤔just curious; if should i proceed or not(in near future).
Income per month in 6 fig, and you just need credit card to use it for 10K only that too in loading wallets? kinda strange.
He maybe earning in Zimbabwean dollars.
These CC posts should be banned for some time. Everyone is starting a new topic. Almost Everything is discussed and expert views are available in many sections. No one bothers to read them and start a new topic and expect instant replies. 
1) 
2) i wouldn’t bother for cashback and all stuff if i am earning 6fig (considering ~2L). i would chose super premium cards and live a bit lavish life.
Sharing amex refral benefit back 50% (2500 rs upi)
How are you getting 5000 rs for referral. Isnt it 10000 points maximum. For me its 8000 points which is 2000 rs
12k points = 3000 direct. How do you plan to give 2500??. Its good for Harsh but i am confused!! 
@andhraabbayi @watever @Bhalla_here @suman1520
The reason I have mentioned salary is to get help in understanding the CC out there in market. That I can get.
Apart from online expenses, I do have heavy rent/other offline expense . So I am also in same boat.
Sale persons try to sale different products to me, so i posted to get genuine information. 
colleagues always flaunt thr black color CC so can not ask them 
@P_A_N_K_A_J @tnv @kalwa.sai897520
You guys completely understood my situation Cheers!!! 
@HelloHarsh You can go for SBI simplyclick if you are worried about annual fee. 1.25% amazon gc on all online transactions. Also you get 2000 cleartrip GC on achieving 1 lac milestone.
total 10000RS/month.
Total 1.2 lac per year..
Annual fee would be waived off.
1500 Rs amazon GC
2000 Rs cleartrip GC
Try applying diners black if your annual salary is 21 lakh
10000 is annual charges against which you get
Welcome Benefits:
Complimentary annual memberships from the above partners can be availed upon completing the first transaction on your HDFC Bank Diners Club Black Credit Card for Cards issued from 1st Nov, 2019. Terms and conditions applicableAnnual Benefits:
Complimentary annual memberships can be availed upon achieving annual spend milestone of Rs 8 Lakhs at the time of Card Anniversary (Card anniversary is 12 months from card open month).Monthly Milestone Benefits:
All HDFC Bank Diners Club Black Credit Card holders ( Exsiting and New ) can select any 2 monthly vouchers amongst Ola Select membership or BookMyShow or TataCLiQ worth Rs. 500 every month on spends of Rs. 80,000
Renewal fee waived of if you spend Rs. 5 lakh in a year.
For 10x smartbuy (Amazon, flipkart, flight tickets) you get effectively 33% reward point.
@HelloHarsh u can apply for Sbi simply click or yes bank card, best spend based offers, 2.5% cashback, milestone rewards and lots of other benefits, ping me for referal