Thread by @DealsDhamaka

I use credit cards for all my expenses for making the best of reward points. I earn around ~Rs.30,000-60,000 a year on reward points

As the Indian middle-class, every rupee reward counts in saving more

Below is the thread of some cards that I use for my expenses 🧵

#CreditCard

Key things to consider:

- FREE CARDS - I prefer only free cards & never paid a single rupee as membership fee for any of my cards

- CREDIT as DEBIT - I use my credit card like debit card, spend and pay immediately

- TRACK OFFERS - Credit cards have specific offers, track them

1. Amex Rewards Credit Card (5-10% rewards)

BEST EVER

1000 Bonus points for 4 transactions of >Rs.1500
1000 Bonus points every month for spending >20K

After 24000 points, you can redeem it for 9000 Amazon/Flipkart or 14000 Taj voucher

Note - Amex not accepting new cards

2. Amex Gold Charge Card

1000 Bonus points for 6 transactions of >Rs.1000
Specific intermittent offers for utility payments, insurance & electronics

LIFETIME FREE CARD. NO PRESET LIMIT

24000 points = 9000 Amazon/Flipkart voucher

Note - Amex not accepting new cards in INDIA

3. Best card for online spends

FLAT 5% Cashback on online transactions upto Rs.10000 & additional offers

Amazinggggg card for online shoppers & I got the virtual card in 2 minutes

FIRST YEAR FREE

Apply here - sbicard.com/invite/j0Men5R…

Or use code - j0Men5R7Y2D

4. Fuel spends - CITI INDIAN OIL CREDIT CARD

4 turbo points / Rs.150 spend. Each point = Rs.1 for fuel purchases

LIFETIME FREE

Works only in Indian Oil petrol pumps. Not so available in tier 2 cities

Full tank gives 1-ltr free petrol

Register here - online.citibank.co.in/portal/newgen/…

5. Slice card - Not a credit card (Its a consumer loan)

Many online and offline offers. FLAT 2% rewards when you cross Rs.5L spend.

Most useful for utility & insurance payments. 2% on insurance is huge. Specific SPARK offers every week to save more

Key points to note

- Credit cards are not for cash. Never take loan of credit cards, life will get screwed
- Switch between cards wisely for more points
- Dont apply for too many cards- Impacts CIBIL
- Dont spend more than 10% of limit- impacts CIBIL

Are these the best cards ever ?? I don’t know.

These are just the cards I use, there might be other cards which I don’t know off

I don’t promote any of these products nor I have partnerships.

Sharing for awareness only.

Please RT the main post of you like 👍

I also use the the Amazon ICICI card with prime account for 5% cashback on all Amazon purchases.

This has become a bit useless after getting the SBI Cashback card as SBI card offers 10% discount (in offers) + 5% cashback to card. Amazon offers only 5% +5% to Amazon pay

Finally, I used CRED for all my credit card bill payments.

Earned around 40K using CRED payments.

Use the below link to sign up & earn Rs.250 on your first credit card bill payment (min.1000)

app.cred.club/spQx/llp6nx4e