Best Super Premium Credit Cards in India

Best Super Premium Credit Cards in India

Best super premium credit cards in India for 2019 and 2020. Detailed review of top 9 super premium credit cards along with fees, eligibility and rewards More »

NiYO Global: Best forex card currently in India

NiYO Global: Best forex card currently in India

Detailed review of NiYO Global forex card More »

 

Amex SmartEarn Credit Card Review

Amex SmartEarn credit card is an entry-level offering from American Express, it comes with low annual fees and low annual spend threshold for fee waiver. This card is primarily targeted towards the masses, who want to own a American Express credit card, but don’t want to pay high annual fees or don’t want to spend a lot using credit cards. Here is everything you need to know about the card.

IRCTC SBI Credit Cards – Review

SBI IRCTC credit cards

SBI Card seems to be on a product-launching spree, thanks to the upcoming IPO. They have now launched IRCTC SBI Premier credit card. This new credit card along with IRCTC SBI Platinum credit card are probably the only credit cards in India targeting frequent travelers of Indian Railways.

If one recalls, SBI had recently launched two co-branded credit cards, SBI Club Vistara Prime and SBI Club Vistara, in partnership with Air Vistara.

Pay house rent via credit cards- RedGiraffe vs NoBroker

Nowadays one can swipe credit cards for literally everything. However, are you aware that one can pay house rent via credit cards too? Well, there are multiple options available that allows one to make house rent payment via credit cards.

Benefits of paying house rent via credit cards

  • The obvious benefit of using credit cards for house rent payment is reward points. Let’s just assume that the credit card gives 1.5% reward rate and rent payment is 25,000/month. Thus the net reward earned would ~1% on the rent paid (adjusting for charges of service providers), which would be worth 3,000 (25000*12*1%) in one year. In case someone pays higher rent, the value would be higher.
  • Further, not to forget the credit-free period. Assuming saving account interest rate of 4%,  for an average 30 days credit-free period, one earns an extra 0.3% interest.
  • Higher annual spending on credit card helps one to achieve annual spending limit to get an annual fee waiver or additional benefits (as in the case of HDFC’s Dinersclub cards or Amex Platinum Travel Card)
  • Another aspect is that this helps in improving one’s credit score. Higher monthly bills and regular payments are seen positively by credit bureaus.

Redeem 12,000 Amex reward points for 5,310 credit

Amex has introduced a new reward redemption option at 12,000 MR points for a statement credit of INR 5310. Recently, I was having a word with Amex customer care to adjust my 18,000 MR rewards points for a statement credit of 7,500 on my Amex MRCC credit card (Detailed review here and more about the card here) . It was then the executive informed me that they have introduced another slab at 12,000 points. This new option gives statement credit of 5,310. To be sure I got the numbers right, I this time opted for chat feature in the Amex app.  The executive there too confirmed the existence of new slabs and told about the T&Cs.

Best Credit Cards for Lounge access in 2020

Best Credit Cards for Lounge Access

I am usually very excited about air travel, maybe the child in me has not grown up yet :D. Apart from the flight, another exciting part of air travel is the airport lounge, where one can relax and grab something to eat and drink, free of course. :D. Well, to get free airport lounge access one needs to have right credit cards.

Here, I have made a detailed list of most credit cards that provide complimentary lounge access. . The post is divided into 2 parts, part one where I list the credit cards on the basis on free lounge access they provide. The second part is my thoughts on how to select the best credit card for lounge access.