All these cards have sign-up bonuses and even if you are not a very frequent traveler and doing just 3-4 round-trips a year, these cards can save you a lot of money.
I would like to mention on small mistakeNow I know how to analyse a Credit card with the terms you have mentioned Gaurav, thanks for that.Thank for sharing your views.
You also get other benefits such as lounge access at airports etc. But that will happen only when you are paying dues on time.
It gives 5% cash back if purchase is above 1000 Rs. At this point, I can only think that it is all a big Gimmick. You might be shopping in a section of Life Style where the EDC machine has been registered under Departmental Store but you actually buy some furniture and get everything billed in the furniture section. SBI reward point system is a Loyalty Program launched for State Bank Group.You earn SBI reward points whenever you use SBI credit or debit card to buy anything online or at any point of sale (POS).Every time you make a transaction using your State Bank Group Debit Card you have been earning typically 1 point for every 100 INR spentThe reward points earning rate will vary depending on the card type that you hold.
Take this into consideration for calculations in future.Thanks for pointing it out .. will note downNobody considered HSBC credit cards here, they also give more or less same benefits.Not sure if they are one of the top one or not . While I have been using the 5% cash back on fuel and utility, I find MY choice card from Axis bank more competitive with respect to annual fee: Rs 750 vs Rs 500. 12 K per Annum if not Rs. This means that if you use the card to do a large purchase (anything greater than rs 4,000), the cashback received reduces as a percentage of the transaction. Points = Rs. I am a Classic banking customer with HDFC.
There are a few finer points, that the total spends on Movies and Restaurants should be more than Rs.
It has annual fees of 5000+taxes, with which you get 15000 miles and an earning rate of 7 miles per 100. It has 3000+taxes fees with which you get 10000 rewards points (equivalent to 5000 INR) plus earning rate of 2 rs per 100 on normal spends and 5rs per 100 on airline spends. Here is the list of 31 HDFC credit cards with the reward points details. As an example, if you previously had 1000 points which were equal to Rs 250, now you will see 250 Orbits in your statement which are worth Rs 250 as well. Please keep sharing your views in future alsoManish, at the beginning of last year, this post helped me zero-in on the Citibank rewards card (that you very much! But still a better choice than standard chartered titanium which charges an annual fees of Rs. I find standard chartered manhattan platinum card as very useful as I have been using this.
(You can save searches, track your apps & save plenty of time! Makes all the hard work worth while.WoW!! For a transaction to be eligible for a cashback, a minimum amount of Rs. at the end it you who have to decide what you want to take out of the article Thanks Gaurav & Manish for this informative article.Completely agree that Stan Chart – Super Value Titanium is The Winner in most of the categories. Rs.125 = 2 points. 0.10 whereas spending the same amount on Regalia will give you a Rs. according to the Citibank credit card type that you own.Citibank credit card holders can also pay with the reward points accrued on their card at several partner outlets by just swiping the credit card. !Hello namste sir this posht is vrry usefuLl and i got idea about credit cards.
But remember you pay a currency conversion fee of 3.5% and service tax which is about 3.87 per 100. Deal?We'll process your application faster too!Gain an edge by connecting with us via email. I book my air and train tickets after filling up the card and then do transaction. I started out with a very basic HDFC Platinum Plus CC exactly 2 years ago. 5000/-. Which is more beneficial?Thats very high level question. The rewards catalogue includes products and services across categories such as Books, Entertainment, Accessories, Apparel, Dining and Hotels, Departmental Stores, Health and Beauty, Travel, etc. 5x rewards on Departmental Stores, 10X rewards on Online spends or a 5% cashback on Departmental Stores.Now lets use the concept above and factor in the accelerated rewards propositions, (That some of these cards offer) to get to the best cards in each of the spend categories.
100 spent. Exclusivity on the other hand is a bigger drive. The next in line would be to be eligible for HDFC Infinia card (in about 5 years of time) which is top of their stack as of this writing.
Now I was just offered their super premium Regalia card which I took.
Always heard that having many credit card may create problems for you with delay in payments, interest charges, dispute but you are managing quite nicely it seemsI use stan chartd manhattan platinum. The date of issue of the voucher and the date of expiry will be provided on the voucher itself.Mr.