Magnus Gone! New Credit Card Strategy For 2023

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  • Опубликовано: 17 окт 2024

Комментарии • 95

  • @dugarniraj
    @dugarniraj  9 месяцев назад

    Apply for the American Express Travel Card - americanexpress.com/en-in/referral/nIRAJDLUCu?XL=MIMNS
    Apply for the American Express Membership Rewards Card - americanexpress.com/en-in/referral/nIRAJDWnAZu?XL=MIMNS

  • @rahulmrx
    @rahulmrx 10 месяцев назад +2

    Is AMEX MRCC worth the annual fee with so less spends?

    • @Sahil-xu1pz
      @Sahil-xu1pz 10 месяцев назад

      He might have gotten MRCC with his plat travel for free and that's a possibility because amex does offer it sometimes. So as long as you're paying for plat travel, your MRCC will be free.

  • @gampi11
    @gampi11 Год назад +1

    I have Amex Travel, should I still go for MRCC?

    • @dugarniraj
      @dugarniraj  Год назад

      Check my new video that I released. You can then decide yourself.

  • @peerwahaj6011
    @peerwahaj6011 Год назад +1

    How can you avoid it notice on spending with cc?
    Can we just pay minimal taxes for revolving credit?

    • @dugarniraj
      @dugarniraj  Год назад +1

      Sir I don’t know how to revolve credit 🙏

  • @Tejahr
    @Tejahr 10 месяцев назад +1

    How do you compensate for annual fee in case of MRCC card ? Bcoz just spending 6-8k per month

    • @dugarniraj
      @dugarniraj  10 месяцев назад

      its free with platinum charge card

    • @anandsagar3737
      @anandsagar3737 9 месяцев назад

      Platinum charge is itself 60k plus gst annually

  • @tusharraikar7115
    @tusharraikar7115 Год назад +1

    What would be your opinion on a spend of 12 to 15 lakhs ? Do you suggest using combination of Infinia on smartbuy and Atlas on the remaining categories ? Please advise

    • @dugarniraj
      @dugarniraj  Год назад

      This also depends on your points requirements. The biggest advantage of infinia points is that you can use it on smartbuy for domestic flights like indigo o

    • @tusharraikar7115
      @tusharraikar7115 Год назад +1

      @@dugarniraj: Adding to the above discussion, are you able to combine the MR points from Amex plat travel card and amex mrcc card for redemptions ?

    • @dugarniraj
      @dugarniraj  Год назад +1

      yes - I can transfer to a single account like Bonvoy

  • @siddharthjhunjhunwala9726
    @siddharthjhunjhunwala9726 11 месяцев назад +1

    I have Infinia from past 2 years. Annual spend roughly 15L. Should I also take Axis Atlas and maybe replace with Infinia? Seeing your Atlas recommendation on multiple videos and hence the question

    • @dugarniraj
      @dugarniraj  11 месяцев назад

      Overall Reward rate is better in atlas unless you are able to max out the 5x reward on infinia each month. I would keep infinia and get atlas too

    • @siddharthjhunjhunwala9726
      @siddharthjhunjhunwala9726 11 месяцев назад

      @@dugarniraj Thanks Niraj! I hit 12,000 monthly points leveraging 5x/10x GYFTR + smartbuy on an average. Follow up question - Which card's annual spend milestone would you rather not mind missing out hitting - Axis Atlas or Infinia?

    • @selena1111111
      @selena1111111 10 месяцев назад

      Hello I have Sbi shaurya select icici parakram select , what would you recommend anything else ,spending under 5L annually?

  • @vivekamar99
    @vivekamar99 11 месяцев назад +1

    Now that Magnus has been devalued, would it make sense to close the account? Kindly suggest. I already have Atlas and Vistara Infinite.

    • @dugarniraj
      @dugarniraj  11 месяцев назад

      If you have to pay the renewal, yes

    • @vivekamar99
      @vivekamar99 11 месяцев назад

      @@dugarniraj Thanks. One last question: I've already paid the joining fee. Will I be asked to pay the annual fee separately before closing the account? I was lucky enough to accumulate 25k edge rewards points as milestone benefits three times. Last one being August😂

  • @ripper1323
    @ripper1323 11 месяцев назад +1

    If I have finished spending 15L within the first 6 months of the year on Atlas, which card to use for remaining 6 months. My total spends are typically around 30L per year.

    • @dugarniraj
      @dugarniraj  10 месяцев назад

      Amex platinum travel ?
      americanexpress.com/en-in/referral/nEHAJ5tuo?XL=MIANS

    • @gk00301094
      @gk00301094 8 месяцев назад

      For spends above 25 lakh per anum magnus burgundy is undoubtedly the best card. But if your spends are on utility,government,wallet then you can go atlas or idfc first wealth

  • @hiteshshahs
    @hiteshshahs Год назад +1

    Which credit card do you use for paying ICAI membership/practice fees?

  • @subhadip25
    @subhadip25 Год назад +1

    From 3.23 - 3.28, Please explain how to load Amazon wallet with Amazon pay vouchers?

    • @dugarniraj
      @dugarniraj  Год назад +2

      Search for American express gyftr and look for amazon vouchers

  • @rashid_vp
    @rashid_vp Год назад

    How much is your total renewal charges in a year? Is there any Lifetime free cards in it?

    • @dugarniraj
      @dugarniraj  Год назад

      around 50k I think. no life time free cards.

  • @yeshwanthphill1058
    @yeshwanthphill1058 Год назад +1

    Whether amex reward points is applicable on NPS payment, please advise if not let me know which card is useful for making NPS payment

  • @shaan11121984
    @shaan11121984 Год назад

    Will it make more sense to have DCB over atlas ?
    Secondly, Vistara vs atlas which one will be good?

    • @UttamAkki
      @UttamAkki Год назад

      If you travel international then atlas else vistara

  • @SaggingComa
    @SaggingComa 11 месяцев назад +1

    Suggest me a card that I can use as a companion to my AMEX cards. No-hdfc pls.

    • @dugarniraj
      @dugarniraj  11 месяцев назад

      Visa?

    • @SaggingComa
      @SaggingComa 11 месяцев назад

      @@dugarniraj Visa or Mastercard. Basically it will be used when AMEX is not accepted or meaningful annual spend is exhausted. Probably the annual spend will be 4-6L. I'm specifically interested in discounts, dining and hotel (marriott), domestic flight (I use like twice a year with family) benefits. Movies, lounge, golf are not a concern. Domestic use only. I guess I said a lot :) Airport meet concierge will be good to have. I can take a paid card as long as it gives me benefits to cover its cost annually.

    • @SaggingComa
      @SaggingComa 11 месяцев назад +1

      :)

    • @SaggingComa
      @SaggingComa 11 месяцев назад +1

      I feel I like Infinia but HDFC does not approve me.

    • @dugarniraj
      @dugarniraj  11 месяцев назад

      Atlas m?

  • @ekussingh6086
    @ekussingh6086 Год назад

    Will we get milestone benefit in Atlas for spending in advance tax

  • @akshaydutta4551
    @akshaydutta4551 Год назад +1

    Does atlas gives miles on utility payments?

  • @sohammt
    @sohammt Год назад +4

    Your card collection intelligence is too good.!!

  • @gampi11
    @gampi11 10 месяцев назад

    I have tata neu infinity card and it does not give any neu coins on UPI payments now.

    • @dugarniraj
      @dugarniraj  10 месяцев назад

      I get every month

  • @Wandering_and_Capturing
    @Wandering_and_Capturing Год назад

    Which airlines offers award ticket to US and Europe route with minimum points?

    • @thukk
      @thukk 11 месяцев назад

      Hardwork Airlines 😂

  • @varunlalwani7297
    @varunlalwani7297 10 месяцев назад

    This strategy of 4 cards will give you return of more than 20%.
    1) Lifestyle benefits - ICICI emerald private/HDFC Infinia.
    2) Travel Rewards - Axis Atlas
    3) UPI transactions - HDFC TATA Neu infinite
    4) Flight Benefits - SBI Vistara

  • @hemanggoyal175
    @hemanggoyal175 9 месяцев назад +1

    how to spend 1500 on gyftr for buying amazon voucher using amex mrcc as it shows 1000 or 2000 rupees voucher only ?

    • @dugarniraj
      @dugarniraj  9 месяцев назад

      There is a 500 voucher too

  • @rahulsworld9281
    @rahulsworld9281 Год назад +1

    Atlas doesn't consider rent for milestones .it doesn't give milee on insurance

  • @vishexh
    @vishexh Год назад +1

    Atlas gives 10% on flights and hotels,right?

    • @dugarniraj
      @dugarniraj  Год назад

      5 miles per 100

    • @ShantanuRoy233
      @ShantanuRoy233 Год назад

      Also 1 edge mile equals 2 partner miles except Marriott

    • @sravankumar1729
      @sravankumar1729 Год назад

      @@ShantanuRoy233 ya, Atlas gives 5% miles on hotels/flights and as you transfer them 1:2 ratio. It’s 10% in this case.
      Also, if you transfer them to ITC and then redeem for ITH vouchers (Physical). You can use ITH vouchers for flight booking and cab rentals. I tried this in Hyd. It works well. VFM.

    • @dugarniraj
      @dugarniraj  Год назад

      I know. 10% miles / points will not lead to 10% monetary benefit. always have a range guys.

    • @smartmoon786
      @smartmoon786 Год назад

      18% on Accor?

  • @RaghavKhurana-j6z
    @RaghavKhurana-j6z Год назад +1

    I am a little shocked why no one mention air india sbi signature card which has 4% rewards on insurance, welcome 20,000 plus milestone on reaching 5L, 10L and 20L. The only drawback is its limited to air india but i find it to be the most rewarding card at present for insurance payments

    • @dugarniraj
      @dugarniraj  Год назад

      Not really. Amex gold charge card gives 5x on amazon pay vouchers. Buy that and pay insurance

    • @RaghavKhurana-j6z
      @RaghavKhurana-j6z Год назад

      @@dugarniraj good suggestion but Amazon pay voucher is limited to 20k per month. If one has to pay higher premium I feel there amazon pay voucher won't work

  • @tapan.m
    @tapan.m Год назад +1

    In that way of atlas of 6-8% doesn’t having just infinia make sense.?? Keep 1 card enjoy 15% and chill.??
    5:15

    • @dugarniraj
      @dugarniraj  Год назад +1

      Atlas gives on 15 lakhs spend. You can spend anywhere. Infinia 5x is at specific places with a cap

  • @varunyadav6010
    @varunyadav6010 Год назад

    does atlas give edgemiles on advance tax payment?

  • @gk00301094
    @gk00301094 Год назад +1

    Above 15 lakh should go for magnus burgundy. Best card

    • @dugarniraj
      @dugarniraj  Год назад

      If you have the capacity to deal with axis, sure

    • @gk00301094
      @gk00301094 Год назад

      @@dugarniraj hopefully yes. 🤞

    • @SaggingComa
      @SaggingComa 11 месяцев назад

      @@dugarniraj Can you make a video on why you said so? Whats wrong with AXIS? I'm planning to switch to Axis soon, so curious to know.

  • @zoom.wale.bhaiya
    @zoom.wale.bhaiya Год назад

    Just got my Infinia card as LTF...RM's are useless and BM saved the day

    • @hardikmalpani4444
      @hardikmalpani4444 Год назад

      How? On salary basis? Card to card? Or against FD? Or upgrade?

    • @Kesariya_Vilayati
      @Kesariya_Vilayati Год назад

      ​@@hardikmalpani4444 I hve normal savings account & FD with HDFC for a long time

    • @adityasinghkalhans
      @adityasinghkalhans 11 месяцев назад

      How you git it bro

  • @asmarttraveller9576
    @asmarttraveller9576 Год назад

    I have managed to get 150000 edge rewards in September .

    • @dugarniraj
      @dugarniraj  Год назад

      wow amazing!

    • @asmarttraveller9576
      @asmarttraveller9576 Год назад

      @@dugarniraj I have got the new card but still 5:4 points transfer is not showing .

  • @jeevansoni4441
    @jeevansoni4441 Год назад +1

    Video hind mai banye

    • @_GMP_
      @_GMP_ Год назад +1

      People spending 5L on credit cards watch in English

    • @smartmoon786
      @smartmoon786 Год назад

      Nhi, English hi rehne do.