Though I have several credit cards but as per my spending habit I have started using my top 4 credit cards to maximize the rewards on my everyday spending. These credit cards have their own specific purpose and I use them for maximizing the rewards. I normally get around 1.5% to 10% cashback for almost all my transactions.
The cards I use are Tata Neu Infinity Rupay, ICICI Amazon Pay, IDFC First Power and Diners Club Privilage. These credit cards have their own specific use case and I have tried to maximize them as per my spending habit. For example, I use IDFC First Power for my fuel payments to get around 5.5% cashback. Then I have Amazon Pay which gives me around 5% cashback for all my Amazon Shopping. For groceries I have Tata Neu which gives me 10% cashback always.
As a Salaried Individual, we always look out in ways to earn some extra money. And the best way is to get the Credit Card. Only thing we have to lookout is thar if you are an impulse buyer, then Credit Card is not for you. Also if you usually forget payments, then also Credit Card is not for you. Because if you don't pay the bills on time, it will affect your CIBIL score too much and thus eventually effect your loan taking ability.
And along with thar when there are sales going on in platforms we get some extra discount and thar also helps us to save more. For example, whenever this big billion days going on we usually get some great discounts on Credit Cards. So Credit card is actually a powerful tool which can help you to save money in all the expensesor spending.
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