Rishav

weekend builder

[Rishav @iamrishavanand]

building @RewardMatrix because finding out your credit card doesn’t work at the airport lounge is a terrible experience :(

if you're thinking of getting a subscription for a credit card tracking app, you might wanna wait... here's why👇

[shadcn @shadcn]

Must read.

[Rishav @iamrishavanand]

@foldmoney_ @_adxtya @meakaakka @NashVail Beta tester +1

[Rishav @iamrishavanand]

building @RewardMatrix so people stop missing the credit card benefits they already pay for

working towards collecting all rewards under one roof

[Rishav @iamrishavanand]

@KaranMittal_ @RewardMatrix working on a 2 month timeline, and this is still week 2 of 8. i'm guessing beta will go live somewhere around w6.

[Rishav @iamrishavanand]

building @RewardMatrix so people stop missing the credit card benefits they already pay for

working towards collecting all rewards under one roof

[Rishav @iamrishavanand]

It's week 0 of building @RewardMatrix v2 - a credit card benefit tracking app.

I just completed building the new powerful extraction engine that is the core of all the new features. It learns from new credit card news and updates data on the fly.

A bit expensive to run but works beautifully and is fully automated.

[Rishav @iamrishavanand]

@lurkinginvestor @EvryPaisaMatter It's not only for lounge, but for all the other benefits as well. Maybe useless maybe not 🤷‍♂️

[Rishav @iamrishavanand]

@EvryPaisaMatter But I agree there will be a very small population wanting to open an app to understand things.

[Rishav @iamrishavanand]

@KaranMittal_ @RewardMatrix Absolutely! Beta waitlist will open soon. Will keep a slot for you.

[Rishav @iamrishavanand]

building @RewardMatrix because finding out your credit card doesn’t work at the airport lounge is a terrible experience :(

if you're thinking of getting a subscription for a credit card tracking app, you might wanna wait... here's why👇

[Rishav @iamrishavanand]

building @RewardMatrix because finding out your credit card doesn’t work at the airport lounge is a terrible experience :(

if you're thinking of getting a subscription for a credit card tracking app, you might wanna wait... here's why👇

[Rishav @iamrishavanand]

@cardio_guy @RewardMatrix 🫶

[Rishav @iamrishavanand]

@levelsio Cloudflare MCP

[Rishav @iamrishavanand]

It's week 0 of building @RewardMatrix v2 - a credit card benefit tracking app.

I just completed building the new powerful extraction engine that is the core of all the new features. It learns from new credit card news and updates data on the fly.

A bit expensive to run but works beautifully and is fully automated.

[Rishav @iamrishavanand]

Taking a day off to touch grass☘️

[Rishav @iamrishavanand]

Going all in for the next 2 months. I'm too deep to give up right now. Building the next version of @RewardMatrix.

[Rishav @iamrishavanand]

@creditkeeda @RewardMatrix Thanks bro 🫶

[Rishav @iamrishavanand]

Going all in for the next 2 months. I'm too deep to give up right now. Building the next version of @RewardMatrix.

[Rishav @iamrishavanand]

𝘾𝙧𝙚𝙙𝙞𝙩 𝙘𝙖𝙧𝙙 𝙙𝙚𝙫𝙖𝙡𝙪𝙖𝙩𝙞𝙤𝙣𝙨 𝙖𝙧𝙚 𝙠𝙞𝙡𝙡𝙞𝙣𝙜 𝙩𝙝𝙚 𝙛𝙪𝙣, 𝙨𝙩𝙞𝙡𝙡 𝙬𝙤𝙧𝙩𝙝 𝙗𝙪𝙞𝙡𝙙𝙞𝙣𝙜 𝙨𝙤𝙡𝙪𝙩𝙞𝙤𝙣𝙨?

On this unfortunate day of credit card devaluations (mostly) I'm deciding between shutting down RewardMatrix vs going deeper and building the next iteration. Right now I'm trying to figure out how user behaviour is going to change with diminishing rewards. Are they going to give up, not finding it worth the hassle or are they going to optimise harder.

One thing I'm certain is that new people are going to find it less exciting to enter. The barrier for them is also going to increase due to increasing complexity. For example Burgundy to Marriott now has to go through ITC with 10K quarterly capping. This is after paying Rs. 35k in fees and maintaining 10L in savings.

The big rewards are getting cut or have a very high eligibility criteria. The small rewards, are they really worth the mental peace?

Build the next iteration that connects all the fragments in the credit card awareness and optimisation space or move ahead to building something else? Remember at the end of the day I need to monetise things that too without selling data. This space is already super niche.

#ccgeeks

[Rishav @iamrishavanand]

Taking a look at existing solutions / honest take:

1. SaveSage: App Store review says it all. Not talking about the rating but the review people posted after using the app.

3. Points Casa: Beautiful product in the make but currently targeting only experienced users who are maximising hotel and flight redemptions.

2. Magnify: Similar comments as Points Casa. Haven't used it much but looks like an app version of Points Casa + gift cards.

4. Maximize: Currently only doing gift cards, at least only known for it. But doing a good job.

5. Cred: Not very useful for experienced users. Does a decent job for newbies in terms of making them aware of the features. Good at tracking expenses. UI is nice. Maybe sells data.

which one did I miss? any contradicting opinions?