Don’t be afraid of paid cards as the value that can be extracted is much more than what we are paying.
BHPian turbospooler recently shared this with other enthusiasts:
For anyone still on the fence on the power of credit cards, just finished a trip to New Zealand entirely on points and round-trip business class tickets and hotel stays.
Also, a small caveat, credit cards work best for people who don’t need a credit card . So, if you are already spending everything on UPI or NEFT or cash, and no requirement of a loan, you are the perfect candidate to exploit credit cards and rake the reward points and uplift your travel experience.
Here is the breakdown of my ticket and stay:
I did Mumbai to Christchurch via Singapore on Singapore Airlines Business Class seat for 125k SQ miles + ₹6k approx. All of those points transferred from HDFC Infinia in 1:1 ratio.
My return trip was from Auckland to Mumbai via Doha on the famous Qatar Business class called “Q-Suites” for 80k Avios + ₹18k approx. Booked using Qatar’s program itself by transferring 40k EdgeMiles from Axis Atlas in 1:2 ratio.
All my stays were in Accor chain of hotels and it was around 110k worth of points transferred from Axis Magnus in the 5:4 ratio before the devaluation.
These points saved at least ₹1.5-2L for me as return tickets to the island paradise are atleast 60-70k. I was able to stay in prime city-centers and avoid commuting and maximize my stay.
Also, except hotel points, I was able to accumulate the Infinia and Atlas miles on my spends in the past 10-11 months.
Don’t be afraid of paid cards as the value that can be extracted is much more than what we are paying.
Also, don’t forget this simple rule: use credit card as a debit card i.e. spend only what you can afford based on your bank balance.
Read BHPian comments for more insights and information.
