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Category: Finance Tips
Tags: CardsCreditFinanceRewardsSpending
Entities: American ExpressAushAxis BankBPCLHDFCMagnus BurgundyMarriottPRSBISwiggy
00:00
so aush let's jump into it what cards do you currently have in your wallet if you can show it to us one by one that'll be amazing so I booked a flight from Delhi to Bali which costed me 1 lakh rupees right I used the travel Edge and my Magnus Bui combination to book this
00:16
flight on 1 lakh rupees I got 30,000 accelerated travel Edge Magnus BG and D points now these 30,000 points is equal to
00:31
the reason for doing today's video is because the credit card world is so Dynamic it's always changing everybody has different type of spends different types of profiles of Spenders some are business owners some are students some are corporate professionals and so there is no one- siiz witch all really the
00:46
idea is to bring people from different walks of life and how they are optimizing credit cards to suit their spending needs and hopefully with that we all learn something and you can pick and borrow uh a part of their strategy that might work for you right so that's the intent we will go through today in today's episode we're going to go
01:03
through how aush optimizes his pen on credit cards with that welcome to the channel aush um good to have you here I would can you please introduce yourself to the viewers hi PR thank you for having me on your channel and uh so I'm a Dian kurana
01:21
I'm actually a founder of uh premium Footwear brand Modello deani at dumani shoes if you have heard of it and I'm also a published author I've written two books which were traditionally published later and uh I'm a hotel Enthusiast and
01:37
now very recently I've jumped on the credit card uh Grand wagon and uh I've been riding that wagon ever since the last one year and so yeah that's what brings us here nice so aush is a business owner um and we'll get into his
01:53
cards and spends in a minute before we jump into it I have an appeal to American Express we will be discussing some American Express cards today but if somebody who works at AMX is watching this please know that your links keep expiring on my channel and my viewers have a terrible experience looking for a
02:09
referral link uh every few hours links expire I I have to like it's I would really appreciate it if somebody watching this an AMX can provide a link that does not expire and viewers can get the referral benefits my email ID is on the screen Kapur Planet gmail.com and I'd really appreciate if you can reach
02:24
out viewers if you know somebody at AMX please uh please tell them that I need help here with that let's move on um so aush let's jump into it what cards do you currently have in your wallet if you can show it to us one by one that'll be amazing the very first card in fact is
02:40
your sgy HDFC card this is the very first card that I'm recommending and uh this is something that you should have with you IR respective and uh I'll I'll give you a bonus tip for each card eventually I'm just going to give you a
02:55
flash introduction to all the cards all right uh this is your second cut that you need to have this is the obtained SBI so this is one card that you need to definitely have and uh this
03:10
is this is the SBI bpcl card for fuel this is the bpcl card this is basically for your fuel and oil and all that right and I feel that I mean obviously everyone might be traveling most of us might might be traveling through some mode of transportation so having an oil
03:26
guard in the household is definitely like a to recommendation now going up the ladder going on card number three we have the AMX Platinum travel which I got thanks to you and AMX if you're listening guess mean the referal link needs to work because thanks to him I
03:43
got this card so kudos to you uh the fourth card is your very popular Atlas yes access card this is extremely popular on the internet and for Right Reasons honestly so this is your fourth
03:59
that you need to get and the best granddaddy of all guards the toughest card I would say to get at the trickiest card to get your hands on is your Magnus for burgundy card this best card in the ecosystem let's get into it I
04:18
like this is this is phenomenal prior to this actually I was using this card this is called The Reserve so this is an Ultra Premium card a lot of my business friends also were hooked onto this card but this got devalued majorly last year I think
04:35
September so ever since then this card is I mean it's it's it's trash got it cool so in fact out of the cards you shared I have two out of the five that you have I have the HDFC swiy which is an amazing card I agree and I have the
04:52
AMX Platinum travel I haven't gotten the Magnus burgundy I have that option to get it but I'm not getting it because my spends add up and we'll get into that but yeah I I I like your cards primer fa I'm excited to discuss how you how you are going to be using all of these I
05:08
will leave links to apply to all of these cards in the descriptions folks if any of you are interested feel free to follow those uh and hopefully they don't expire on like AMX links uh anyway let's get into let's get into what are your major categories of spend aush I know you're a business owner um so I'm
05:23
assuming it's advertising I'm assuming it's a lot of business expenses um but maybe you can just quickly walk us through what are some of the major categories and the reason I'm saying this is because like I said no one siiz fits all so people should not blindly follow your cards and your strategy and I just want to make sure that they know
05:39
in what like what are your spends and what are your uh categories right so U I feel food and oil is something which is common for everybody irrespective of your annual spend or how what what kind of cards are you holding or what is your
05:54
spending strategy I think food and oil is common for all then comes your travel which I feel everyone again domestically or internationally they all usually they do travel either for work either for leisure then you have Lifestyles so
06:09
these are the four broad categories where everybody spends in general the add-on that I have is my business expenses because advertising takes a major chunk every month so month on month that kind of adds up to the spending which is I would say 70% of my
06:28
spending is towards my business and sensible spend I mean I would never ask anybody or endorse the idea of spending what you can't pay for afford for so don't obviously do that but yeah so my major 70% of my major J junk is with
06:45
expenses which means advertising raw materials and all that all that got it got it um and so if I had to put a ballpark figure on what your annual spends are just for the benefit of viewers can I safely say that it's upwards of 30 lakhs
07:00
yeah easy yeah great so just just cave Ting that that don't follow his strategy blindly let your spend dictate your card strategy and not the other way all right with that gavat aside let's jump into it so how do you aush you have these five cards walk us through how do you decide which card to use when right and if you
07:17
have a priority order of how do you decide which card to use when right okay so okay fun part okay I love this part so I've been prepping for this part and I've been waiting for this opportunity for quite a while now now finally thanks to you I have it I'm I'm going to share this with the okay so we'll go from
07:32
again low to high and uh then we'll discuss the B of all guards and towards yeah yeah very first C like I said is the swiy HDFC right so this card is good for using up to 15,000 in a month
07:50
benefit of this card is on in instamart and S you get 10% flash cash back right which is again the best in the entire industry nobody comes close to it 10% cash back on swie is absolutely insane yeah the only thing is it has a capping
08:06
of, 1500 rupees as Maximum cash back so 15,000 is what I'm going to Target this for one month maximum and better you whether you're ordering food for the staff or it's a corporate thing or just for your own household 15,000 a month
08:22
cap it don't use it beyond that bonus tip for this card get your hands on this card before 31st of December because it is Lifetime free so technically you don't have to pay anything to just get this card so I feel that if you get this
08:37
card now I mean use it don't use it I don't think you have anything to lose yeah it's a it's a great card I and and the other additional advantage of this card is you get a swigy one membership also free for a few months as a right right right three months three months you get it for free correct so that also
08:54
saves a buck right so that is something that I feel that irresp Ive whatever hierarchy you are on in terms of your spending this is a must have in your want it plus free my other two Sense on this card is like look HDFC is using this card to acquire new customers
09:11
so that's why it's it's doing so well they've given you like all of these 10% cashbacks swi is now a public company we don't know how long this is going to last so like aush says I agree with him get this while you still can while it still makes sense because you never know
09:26
2025 how they devaluate how they change it we don't want to take that chance so make hay while the sunshines let's move forward to your next card absolutely okay so second card is your bpcl SBI octane so very simple very easy to get
09:43
this I mean you you'll get it without much of an issue this is an interesting card tell me more about this like I know you use this for fuel but like what do you get okay so this is primarily used and this is again good for spends up to 10,000 in a month that's it okay okay on
09:59
Fel only only on fuel by bpcl B petroleum has to be that right you can't go to HP and get it fueled that will not give you the benefit right the benefit of this is 7.25% that's the return rate on this right so every month but the capping is
10:17
only till 10,000 so you get this card you use it only up 10,000 suppose you get your car full right so that is how much it's going to cost you approxim imely or if you're having a two- wheeler then you can
10:32
probably go five times or six times in a month which is which is decent I would say so 10,000 is the maximum you have to spend on this car it is good till 10,000 after that it does not get you the 7.25 uh return right so basically there's a
10:49
fuel V of 100 up to 100 rupees and then you get 250 250 worth of vouchers every time you're spending so it comes out to be 725 rupees per month on spending hitting a target of 10,000 question these vouchers that you get these 250 250 vouchers these are fuel vouchers
11:06
fuel vouchers only with bpcl right so you just show them they scan it yeah yeah yeah you you earn using oil and you redeem using oil so I think it's a it's a and what's the feast like I think this one is for500 yes yes you're right I checked it's, 1500 um and
11:23
you can get annual fee waer by spending a minimum of 2 lakhs in the but like yeah don't please please don't spend 2 lak rupees on this card don't don't go for wers just rounding out the conversation on the SBI obtains it looks like if you spend 1 120,000 rupees in a year uh you
11:39
get fuel worth 9,000 rupees so if you reduct the annual fees which is500 that's benefits of 9,000 -500 of 7500 rupees so 7500 benefits on a spend of 1ak 120,000 is 6.25% returns I think that's a great great card so thanks for
11:55
sharing that I just did this on the side I not I don't have this card I exploded but I think it's a good card to call out bonus tip for this card is if in case you have multiple vehicles uh in play be it for office work be it your in your own household if you have multiple
12:10
Vehicles then uh like what I do is I I will get one card for me one card for my wife one for my brother so each of the household members have individual cards so you Max it out even further so now that same calculation go 3x yeah yeah as
12:28
long as you max out the 10,000 per card correct correct so if if your fuel is requirement is more because everyone has an individual car or vehicle or mode of Transport then you take your own responsibility but as a household or as a firm you end up saving in multi right
12:46
so that's one of the bonus tips when you're considering this card in fact I'm going to extend that bonus tip to other cards as well same is the case with HDFC swiggy right if you have if if your food bills are or instam bills are more than 15,000 rupees get another one for
13:03
another family member and then start using that same is what we do with AMX Platinum travel if you have I I met this CA um who pays a lot of taxes using AMX Platinum travel and so he's like I have one for me I have one for my wife I have one for my brother because then I keep
13:18
maxing out four lakh four lakh four lakh across all different accounts so I think this this tip what you just shared can be extended to any Milestone based card um so I think it's a good one correct it rolls out to everything now on that note since you mentioned the
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infamous card the third card is your American Express Platinum which I got thanks to you using your refer in fact I got this card and uh okay so this card I I got this card for a very specific
13:50
reason right I mean it's not like I was looking for this card for say but the specific reason two specific reasons I I would suggest that in my opinion is the best worth of this card first if you're planning mared anywhere in Marriot if you're planning to visit anywhere in the
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world I think this card is excellent because it is good it gives you the best Redemption only for Marriot Hotels right bonvoy chain so that is one and I'm planning to visit a bonoy property so that's why I I very quickly got this
14:22
card and I'm not using that second main reason for using this card is your insurance and tax payment there are no other cards there are no other cards that gives you a milestone benefit and considers that spend towards the Milestone benefits which is only with
14:39
American Express Platinum there's one more however which is the bis black HDFC but if you're not banking with sdfc then I'm not getting into it because I'm I'm not banking with them so there's no way I can probably get my hands on that card and a lot of people I see cannot get their hands on that but it's not very easy to get this however is I I would
14:57
suggest is highly recommended and uh if AMX guys get your referral link up then yeah everyone can probably get CH link I will still try and put some links as I keep finding them but uh for those of
15:12
you who keep messaging saying link expired link expired know that it's not for my lack of trying I try and bring different links and like put it up there but yeah I agree with you I think this by the way is my oldest card I've had it for like 9 years 10 years now I pay the fees every year because I find so much
15:27
value in it uh it's it's a no-brainer card for me I highly recommend it I have a detailed video on this card which I will link out in the description if you want to see it check it out uh but uh yeah great card highly recommend it please get it thank you aush for bringing it up let's move on to your
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fourth card yeah and and this has a limit of four laks so I'm telling you exactly how much you can use it annually as well so that we can move forward now if you have already done with the first three cards right so one has an annual spend of 1 180,000 which was the uh
16:00
first one which is 15,000 a month swiggy the second one is your bpcl locked in card which is for oil that's 10,000 a month which makes it 1ak 120,000 annually cap third is your American Express Travel which is again capped at
16:16
four lakhs annually right so that brings you to a certain level of less than 10 laks for those three cards now comes the two hardit right so the next one on the list is your your Atlas this is your
16:32
Atlas uh by AIS excellent excellent card this is also very similar to the uh flat travel like same format this is also Milestone based and uh however the Milestone on this is 3 to 4X of what AMX
16:48
plat offers right Platinum travel offers so uh benefit of this card use it for travel mainly and uh you get five miles per 100 rupees and the value of each mile is two partner points so that so
17:06
basically it makes it 10 partner points and partner can be Airlines hotels whatever so 10 partner points per 100 which is a 10% flat out base Redemption which is excellent there's a catch the catch is you have to use it directly for
17:21
booking your hotels or Airlines with them directly like you can't use make my trip and booking not like all all the third party vendors aggregators you cannot use you have to use this car directly with a hotel partner or with an airline partner and you get five miles
17:38
per 100 and value of each mile is two partner points which is an excellent Redemption right like it tops the game and if you're using this card for any other spend then you get 2 miles per 100 which is also I would say a great value as compared to most of the cards out
17:55
there in the market because one thing I would on a side note I will just tell everyone is that uh don't confuse that I'm getting these many points or those many points the value of each point makes all the difference like I can probably give you 10 20 points per 100
18:12
but the value of one point is one PESA or 0.1 you you will have absolutely what nothing which is what IC I does by the way I've I've been I told you this that right like when we when we started the video I mentioned that I was using everal for the longest time I mean no
18:28
with them but the return rate I got was barely like 1 to 1.5% and I thought I I agree with you I think it's a great I don't have this card because my spends don't warrant it but ano who another guest on the channel spoke about
18:44
this about how he's also recently got this card to directly book flights via the travel edge portal access his travel edge portal so I'm assuming you do similar like you book your travel stuff on this and then redeem it on travel correct yeah so since you mentioned travel Ed I'll give you a bonus hack
19:01
when I introduce the fifth cut which which triumphs what everybody normally is doing with the atlas it triumphs it by 5x yeah yeah that the burgundi is crazy how do you prioritize between Atlas and Magnus burgundy because both are axis both have similar like how do
19:17
you decide which one to use when between Magnus Burundi and axis Atlas so this Atlas is good uh till a limit of 15 lakhs like I said it's a milestone card right so 15 lakhs is the maximum you swipe in a year beyond that it it it
19:32
will give you the base return still but the bonus Milestones you will not get so there are three Milestones right one is at 3.5 lakhs correct me if I'm wrong I'm not sure if it's 2.5 lakhs or 3.5 lakhs I think it's 3.5 lakhs that's when you become a silver then there is 7.5 lakhs that is when you become a gold
19:49
and the last hurdle is 15 lakhs that's when you become a platinum right so each Milestone you hit you get bonus uh miles of 2500 5,000 I think they have devalued the entry level bonus which was at 3.5 lakhs yeah it's three lakhs the Bon the
20:06
Milestones are three lakhs 7 and a half lakhs 15 lakhs 15 lakhs okay so then it's three lakhs correct so uh once you hit the Milestone of three lakhs you become silver but I don't think so you're getting any benefit anymore earlier you were getting like a few extra miles but I don't think so you get
20:22
them now or you probably get some miles but I don't think you get a renewal B like either of the one has changed to to what I remember and uh 7.5 is gold like we discussed and 15 is platinum so the top tier that you can get from this is platinum beyond that it doesn't really
20:38
make sense because you will not have Milestone benefits however nonetheless if if your spends allow you to reach softly I would say anywhere above 10 lakhs right if your annual spend collectively are above 10 lakhs then this is the fourth card that I think you
20:55
should definitely get because anything above 8 to 10 lakhs swipe everything on the SK this will get you a fantastic value right so and you can use it to a limit of 15 yeah so you max out the 15 lakhs you max out the 15 lakhs on this
21:11
card uh before you move to the Magnus burgundy right so uh the Grand Daddy of all cards if you can get a hands on it this is the Magnus Burundi it looks exactly like the Magnus it's just that your app will start showing Magnus for
21:28
bu excellent card I mean I mean absolutely I can't sell this enough this is the best card in the entire credit card ecosystem you if you have it you know if you don't have it you don't very simple it beats every other card out of the water like in a snap right what do you use it for given there are so many
21:45
exclusions on this what do you use it for so you basically use it for lifestyle you use put all your shopping on this right so uh when we covered the earlier four cards you have kind of reached a limit of say uh Softly 22 lakhs annual spend in which you have
22:01
divided 1.8 then 1.2 then uh 4 lakhs on AMX and 15 15 on ad right so you've come this far however if your spends are above that primarily major spends will be around and related to your business
22:16
and advertising and Google ads and all that all that right right so if you above that uh spending threshold then definitely however I don't I don't know how you'll get this G but get this card yes saying that you use this card for your business expenses a lot of your
22:32
advertising expenses and so on and then whatever your lifestyle expenses they left over from your um after the three cards are exhausted then you use it on this absolutely absolutely lifestyle has to be on this card anyway right because it gives you like now let me go into
22:47
what how it rewards you right so uh biggest thing it has no capping it has absolutely no capping on how many points you can accumulate in a financial year or in a calendar year so you can go as high as you want right however there's a hook to it but the hook is not on
23:04
earning the hook is on Redemption which I'll come to I'll come to like in a bit let me just tell you how the card works so if you get this card first of all you get 5 is to four conversion ratio for those like the veterans of access bank they know what 5 is to 4 is and how
23:20
important it is just for the benefit of viewers it means for five access points you get four partner points and they have a exhausted list of Partners which are further broken into group a and Group B I can maybe if I can quickly talk about all the group a group b partners for everybody's benefit as in group a is aore Air Canada Ethiopian Airlines EAD
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Japan Airlines marot Qatar Singapore and Turkish so you see all the premium chains and on and on the group b there are some good ones on Group B also there is Air France Air India Air Asia ITC IHG canas spice ched and vistara vistara is
23:54
no more um sorry on group a there's also Thai Airways United airlands and Windom hotels now how do you earn the points uh on every 100 rupees that you spend you get six points this is your base reward there is a kicker the kicker is this is true till a spend of 1.5 lakhs so if
24:12
you're spending up to 1.5 lakhs you get six points per 100 right in a in a one month right anything you spend Beyond 1.5 lakhs you get accelerated points so the accelerated points now you'll be getting a 17.5 points per 100 basically it's 35
24:27
points for 100 so just to simplify it it's 17.5 points per 100 those are the accelerated points that you are getting Beyond 1.5 lakhs that you spent in a month right so base plus accelerated and
24:43
all of these points are convertible at 5 is to 4 ratio right so that is that is mindblowing as it is your your Redemption is way above infinia and all of that right because infinia also has a capping on Redemption capping on earning all that all that the way IID say this is inia is a lazy card it's like okay
24:59
it's giving you 3.3% and if you want peace of mind and if you don't want to optimize more then infinia is okay for you but if you want to get like higher returns then there are so many cards out there which are giving so much higher returns than infinia so um I think I think after you've exhausted all of them then maybe infinia infinia is like your
25:15
Baseline 3.3% is your Baseline I I I would say don't go to infinia STI get Magnus bendi live with it till the time they devalue it which can happen again I don't know any time right so till till the time it's it's so okay going back you're saying that there is um you get
25:32
after 1.5 lakhs you get accelerated rewards there is also the travel Edge bit right that you get accelerated towards there also you want to talk about that right so uh if you have the atlas car then you're probably using that for your travel Edge bookings right so I mean if you won't even probably
25:47
show what travel Edge kind of like looks like this is travel Edge guys it's basically a website which has it's like travel portal you have flights hotels experiences you can transfer your points and so on from here so that's what it is if you use travel edge with the Magnus Burundi then you get accelerate points
26:04
uh that's what I Ed as alluding towards yeah right so uh The Accelerated points are phenomenal now now this changes the game entirely right so if you use the Magnus bugundy G specifically Magnus bugundy gut not the atlas if you use Atlas you get five miles which is equal
26:20
to 10 partner points I just want to clarify the axis Atlas points are called for the benefit of the viewers they are called Edge miles which are different Magnus has something called Edge rewards which are different so don't confuse one for the other we are right now talking about Edge rewards if you're using this
26:36
on travel Edge okay this gives you 30 points 30 points for every 100 rupees spent just to put it in context so I booked a flight from Deli du Bali which costed me 1 lakh rupees right I used the
26:54
travel Edge and my Magnus Bui combination to hook this flight on 1 lakh rupees I got 30,000 accelerated travel Edge magnes BG and three points now these 30,000 points
27:09
is equal to 24,000 partner points which further breaking down for the best Redemption that you can get transfer it to eor right so those 24,000 eore points became
27:25
43,000 rupees because one point is to 1.8 rupees in echor so I so by spending one lakh I actually got back 43,000 rupees cash like cash worth of 43 that's 43% right so this I mean this this is
27:43
this is insane so this is this is something that only if you have and hold this card you'll be able to kind of enjoy this crazy benefit yeah and this is why I say that the like the returns like this are why the reason I say that infinia is overrated and why infinia is
27:59
like the Baseline and if you are little smart or if you want to if you want to take the effort of understanding things then you can actually generate a lot more returns over the infinia so that brings us to the end of this video thank you so much aush for taking the time out and sharing so transparently and
28:14
graciously with us all your spends and how you use these cards uh by the way guys aush also has a YouTube channel um he has an Instagram account that goes by his name a d kurana you can check it out I'll leave the links in description um and and you can check it out he all of these travels that he's talking about
28:30
some of them are pids so basically he does this series called unlocked where he will walk you through a lot of the different rooms and like amazing unique properties um some of them are R availed through points some of them he pays for and it's like it's blown my mind away on the kind of properties that exist so if
28:46
you are curious like me about travels check it out the other thing I want to share is that if you he's also agreed to help you out with your travel so if you have any travel related questions or tips feel free to drop them in the comments below and we can bring him back um or if we can have him comment and respond there depending on what kind of
29:02
queries we get so that's that's all for today aush any last parting thoughts before we let you go uh yeah just use wisely that's all I'm going to say I know this was an exciting episode and uh people are probably pumped that oh you
29:17
can get like crazy benefits based on credit card Spence my only parting thought will be like only spend that you can pay for and just like yeah don't don't get too over enthusiastic with this this can create issues very very important thank you for sharing that
29:32
because like for example I don't have Atlas or Magnus bandi even though I can't get them and the simple reason for that is my spends do not warrant me to get them and therefore AOS is a business owner his spend are a lot of his business spends are coming here and that's why he has these cards so be
29:48
responsible let your spends dictate which cards you get and not the other way because if you get into the chasing game then it's counterintuitive and you lose so we don't want you to lose we want you to win thank you aush thank you everyone and see you in the next one