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 »

HDFC Millennia Credit Card: Review

HDFC Millennia Credit Card: Review

Detailed review of HDFC Millennia credit card. This credit card is one of the best entry level credit card currently available with reward rate of up to 3.3% More »

Cred App: Detailed Review

Cred App: Detailed Review

Detailed review of Cred App, with pros and cons of the app. Also get tips to maximize your reward rate on Cred. More »

Amex Membership Reward card (Amex MRCC) – Review

Amex Membership Reward card (Amex MRCC) – Review

American Express Membership Reward card (Amex MRCC) is one card that I recommend everyone should keep in one’s wallet, without fail. Not only this card gives a status symbol of using an Amex card but also the reward rate and features of the card are among the best in class. 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 »

 

Citibank – Changes in reward program

Citibank has announced changes to its reward program and excluded many major categories from it, effective from 12th October 2019. Personally, Citibank is my primary card (till now that is) because of its simplicity. One gets reward points for all the transactions (no exceptions) and no expiry of reward points. However, this has now changed.

Citibank changes to Reward Program

Below are the details on changes made to the Citibank credit card reward program:

What are the changes in Citibank reward program?

If one reads the official update about changes to Citibank reward program (link here), it’s not very clear as to which merchants are excluded from reward points and which are not. Thus I dug up on what these MCC codes meant and found the details here.

Thus, combining information from these sources, I made a ready reckoner for reference, below.

Amex Membership Reward card (Amex MRCC) – Review

American Express Membership Reward card (Amex MRCC) is one card that I recommend everyone should keep in one’s wallet, without fail. Not only this card gives a status symbol of using an Amex card but also the reward rate and features of the card are among the best in class.

About the Amex Membership Reward Card

The Amex Membership Reward card is the twin of Amex Gold Charge card (review coming soon); with nearly all the benefit that the Gold charge card offers but in the form of a credit card and lower fees.

Amex Membership Reward Credit Card

Amex Membership Reward Credit Card

In the Amex portfolio, this would sit in the entry-level card category along with Amex Smart Earn credit card (Review soon). However, at overall level it fits as Lifestyle card suitable for people who have a decent monthly income (~50,000/month).

Stanchart Digismart Credit Card -Review

Just a few days back HDFC Bank launched its Millennia Credit Card (Read review here) and now StanChart has launched its DigiSmart Credit Card again targeting millennials (aka people who like to spend more online)

About the StanChart DigiSmart Credit Card

StanChart DigiSmart Credit card is an entry-level credit card that means it has low fees and offers decent reward rate on online spends. Well one would agree that DigiSmart credit card despite being an entry-level credit card, is one of the most attractively designed credit card.

Cred App : Detailed Review

I love putting all my daily spends on credit cards to get reward points and cashback, however, the most boring part is making credit card bill payments, simply because there are no cash backs or reward points for it. However, this has now changed. By using Cred app, one gets rewards for making credit card payments. Cred app is founded by Kunal Shah, the founder of Freecharge which was eventually sold to Axis Bank.

Well, the basic model of Freecharge, Cred app remains the same; use the app, do some transaction and get rewards for it.

In this post, I will provide a detailed review of Cred app, its pros and cons and ways to maximise returns. Along the way will also give my take on which features to use and which ones to avoid.

How to enroll in Cred app?

Deal Stacking – Get minimum 10% savings on every spend

Deal stacking/offer stacking/ reward stacking is simply combining multiple offers/coupons or reward points to maximize savings on one’s spend. I believe that despite seemingly tedious at first and low savings, say like ~2%; deal stacking offers combined savings of 10%+, which is a pretty good rate of savings if done on a consistent basis.

General avenues of reward stacking

  • Credit Card reward points
  • Wallet cashback/discount
  • Cashback/discount/ loyalty rewards from respective website/company
  • Reward points on Jet Privilege/ Payback
  • Reward points from Cred (Will be writing a review on Cred App soon)

My experience is with some attention to detail, one can easily achieve 3-4 level stacking for ~10% savings, but beyond that I am yet to figure out a way for consistent stacking. Below are my personal examples where I have achieved both 3-5 level stacking along with calculations.