Category Archives: Compare

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.

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.

Best Travel Credit Cards in India for 2020

Axis Bank Air Vistara Infinite

After writing on Air Vistara credit cards last week, I thought of figuring out the best travel credit cards available in India.  Simply because when we go on vacation or travel, the single largest expense is the flight cost.

While there are only 2 full-service domestic airlines in India that offer air-miles, the travel credit cards space has lot more choices thanks to few international airlines offering co-branded credit cards locally and few card issuers who allow conversion of reward points to air-miles of multiple airlines.

Of all the travel credit cards available in India, I have listed the best 5 cards below. For others, I have made a comparison table to indicate why they did not make the cut.

Air Vistara credit cards – Detailed comparison

SBI Club Vistara Prime

Air Vistara has recently launched two new co-branded credit cards in tie-up with SBI. The SBI Club Vistara Prime credit card and SBI Club Vistara credit card. Given that Air Vistara already has three credit cards in tie-up with Axis Bank. The Axis Bank Air Vistara Infinite credit card, Axis Bank Air Vistara Signature credit card and Axis Bank Air Vistara Platinum credit card. The launch of these new cards is an opportune time to compare and see which cards are best suited.