CardMaven

Helping you pick the right Credit Card in India 🇮🇳 | Maximizing Rewards, Miles & Cashback ✈️💰 | Honest Reviews & Best Deals. 👇 | DM for Collabs 🤝

[SpendWisely @spendwiselyx]

⚠️ To all the people who are considering HSBC Demat account route to maintain TRV for Premier Account…..

HSBC Demat Account, in its current form, cannot be a substitute for your regular demat account (like Zerodha), because HSBC currently does not offer an associated trading account.

👉 This means that once you transfer your Stocks or ETFs to your HSBC Demat Account, you cannot buy or sell them online like you do with a regular broker.

⏳ Selling a stock or ETF, which usually takes just a few seconds through Zerodha or any other trading platform, can take 5–7 days with HSBC Demat due to the offline process.

There are only two ways to transact:

📌 Option 1: Contact your HSBC Relationship Manager (RM) and place an offline buy/sell request.

📌 Option 2: Transfer your Stocks/ETFs back from HSBC Demat to your regular demat account (like Zerodha). For this, you’ll need to fill the physical Delivery Instruction Slip (DIS), courier or hand it over to your RM, who will then initiate the transfer.

⏳ Both processes generally take around 5–7 days to complete.

💡 Earlier, HSBC had a tie-up with ICICI Securities, which allowed customers to buy and sell Stocks/ETFs instantly through an online trading account. That partnership ended last year.

HSBC representatives have informed that they are working on bringing back an online trading facility, but there is no confirmed timeline yet.

📈 Most people (including myself) who have chosen the Demat route to maintain the Total Relationship Value (TRV) for the HSBC Premier Account have transferred only that portion of their Stocks/ETF portfolio which they do not intend to sell in the near future and are comfortable keeping locked in an account where selling may take 5–7 days.

So, please understand these operational limitations before transferring your investments. Make an informed decision based on your own requirements, and if needed, consult your financial advisor before taking any such step.

📘 Visit SpendWisely Blog: Detailed credit card reviews & guides 👉 https://t.co/O06qoNyoQi

Some links may be referral links in the above post. It supports the page without any cost to you.

#creditcard #spendwisely #creditcard

[CardMaven @CardMavenIn]

Finally, Amazon fixed it! 🙌

We can once again choose ASV/AFV at checkout instead of being forced to use the entire Amazon Pay Balance and wondering which balance would actually be used.

[CardMaven @CardMavenIn]

@CrSamah Never noticed it. Anyways we can also buy from Maximize.

[CardMaven @CardMavenIn]

MagicPin blocks PhonePe GV purchases to once a year!

Quite a weird thing to do.

[CardMaven @CardMavenIn]

@JagDecoded Yes, that is why we mentioned 10% back when redeemed for vouchers. Else, it was 10% for statement credit too.

[CardMaven @CardMavenIn]

One of the best Lifetime Free credit cards is hiding in plain sight.

Most people can't get it because their PIN code isn't serviceable.

If you're eligible, you can earn 10% back on Amazon Pay Gift Vouchers (when rewards are redeemed for vouchers), plus 10% back on Myntra, Flipkart, Croma & AJIO.

Total 10% rewards are capped at ₹2,000 across merchants.

Apply here:
https://t.co/ZzplkEgvnT

[CardMaven @CardMavenIn]

@TheCardAlpha Time to estimate UPI spends and buy 2L vouchers at one go 😂

[CardMaven @CardMavenIn]

@JabWeFret Milestone benefits on DCB Metal

[CardMaven @CardMavenIn]

Amazon Pay physical GV back at 2% off. Grab if needed.

Good deal for both SBI and Axis Cashback.

Great deal for DCB Metal too.

[Yash Sartanpara @SartanparaYash]

Amazon pay physical GVs at 2% off

https://t.co/XM9l3cP9Rx
https://t.co/GW0Iwtxpzv
https://t.co/s9cORXUgNL
https://t.co/zGr3uzK3uE
https://t.co/MFX1oTQrOA

#ad

Gets activated after delivery.
Check the seller and buy. Always keep delivery and opening videos.

[CardMaven @CardMavenIn]

@singh_utkarsh31 Deal over.

[CardMaven @CardMavenIn]

@lokesh_codes Yes, 5% to 10%.

[CardMaven @CardMavenIn]

How to maximize your HDFC Millennia Credit Card 💳

✔️ Spend up to ₹20,000/month on eligible partners (Amazon, Flipkart, Myntra, Swiggy, Zomato & more) to earn the full 5% cashback (₹1000/month cap).

✔️ Before shopping, check HDFC SmartBuy/PayZapp Shop. Many brands offer additional cashback or discounts through gift vouchers.

✔️ Keep track of the monthly SmartBuy cashback cap. Once exhausted, buy vouchers directly from the brand or switch to direct card payments.

✔️ Redeem CashPoints only as statement credit (1 CashPoint = ₹1).

✔️ If you're close to ₹1 lakh in quarterly spends, time your purchases to unlock the milestone voucher benefit.

[Abhishek Mittal @caabhishekjpr]

I have just upgraded and got Hdfc Millennia CC. Guys please give your thoughts on use cases through which I can get maximum return. @FinPaal @CardMavenIn @AmazingCreditC

[CardMaven @CardMavenIn]

@connectjerish Many did the same.

[CardMaven @CardMavenIn]

Not long ago, Amex spend offers were a massive hit; people would literally wait for the next offer to go live.

[CardMaven @CardMavenIn]

@CS_SureshB You can call the and swap it to RuPay. It will be useful for UPI payments.

[CardMaven @CardMavenIn]

@ameyakarve This looks too cool! All the best.

[CardMaven @CardMavenIn]

@sharad_hp_49 ₹50 for statement credit.

[CardMaven @CardMavenIn]

@azizansary You are in for a whole lot of complexity with credit cards.

[CardMaven @CardMavenIn]

Did the math on the BluChips to Accor transfer so you don’t have to. Spoiler: It’s bad. 📉

🔹 6k BluChips = 1k Accor (€20)
🔹 1 Accor Point = ~₹2.18
🔹 1 BluChip = ~₹0.36

Paying out at 36 Paise per BluChip. Unless you have zero other uses for them, this transfer is good to ignore.🛑

[CardMaven @CardMavenIn]

@asardaar__ Transfers are not yet open, wait for official launch.

[CardMaven @CardMavenIn]

@asardaar__ Between 40 paise to ₹1 for rare cases when we use on IndiGo

[CardMaven @CardMavenIn]

@iSatishAgarwal 😂😭😂😭

[CardMaven @CardMavenIn]

इस बात का ccgeeks के जीवन में चल रही किसी भी घटना से कोई संबंध नहीं है।

[Amit Chopra | Every Paisa Matters @EvryPaisaMatter]

Moral of the Story:

खोदा पहाड़ 🏔️
निकली चुहिया 🐁