unlearn and relearn

Credit card enthusiast • AI • Tech

[unlearn and relearn @unlearnlife]

@jassneetsingha BizBlack + Premier + TravelOne + Atlas + MRCC

[unlearn and relearn @unlearnlife]

@ccg33k More power to you 👏🏼

[unlearn and relearn @unlearnlife]

@spendwiselyx My guess is that this will be life from 1st August, after Apple offer ends. It is unlikely they will have earn bonus + burn bonus together.

[unlearn and relearn @unlearnlife]

@manasasayshi @ccg33k Oh god okay

[unlearn and relearn @unlearnlife]

@manasasayshi @ccg33k Congratulations. Would like to know
1. how much was TRB shown at the time of application
2. Did you have T1 before premier? If yes then how old is that card?

I am in similar boat, waiting for premier to arrive.

[unlearn and relearn @unlearnlife]

Has anyone got HS-BC travel one, then opened premier account and got premier CC within 6 month window?
#ccgeeks

[unlearn and relearn @unlearnlife]

@suritalreja Are they not allowing purchase via gift card? What is the best way to earn max rewards these days?

[unlearn and relearn @unlearnlife]

@DealsDhamaka @FinPaal @pointperkspicks Even Amex MRCC (min 1500 x 4) is a good purchase to hit monthly milestones

[unlearn and relearn @unlearnlife]

This is so true

[naiive @naiivememe]

This is why only 20% of traders succeed in the market

[unlearn and relearn @unlearnlife]

@jassneetsingha Also useful internationally if you arrive there in morning, way before your check in time.

[unlearn and relearn @unlearnlife]

Hoping to see this at #WWDC 2026.

[unlearn and relearn @unlearnlife]

Credit card influencers in 2026: "Bro, this card is truly underrated. It's a GAME CHANGER 🔥"

Meanwhile, the cards that actually give you solid rewards, easy cashback, and real travel perks without all the noise? Total silence...

The cards with referrals are pushed excessively. And better cards are not spoken enough.

Here is a comparison of Twitter Impressions in the last one week (1st June-8th June 2027) between 2 cards - HSBC Travel One vs. AMEX Plat Reserve.

Drop your 'hidden gem' card that slaps but no one talks about (no links please)! 👇
#CreditCardsIndia #CCGeeks #FinanceHumor #RealTalk

[unlearn and relearn @unlearnlife]

@BaivhabG @spendwiselyx If you hit first 2 milestones on Atlas, it becomes 10% again

[SpendWisely @spendwiselyx]

🤩 Two Primary HS-BC Premier Credit Cards Basis Joint Savings Account: Part-3

🤔 How am I planning to maintain ₹50 Lakhs TRV going forward?

1️⃣ Option-1: Maintain ₹50 Lakhs in Savings Account or FDs

Simple option, but the opportunity cost is huge. 💸

❌ Not going for that.

2️⃣ Option-2: Buy ₹50 Lakhs Worth of Mutual Funds Through HS-BC

👉 In this option, each of the two cardholders may have to maintain a separate ₹50 Lakhs TRV, as mutual funds are usually held individually (not sure about joint holding of MFs).

👉 You can buy mutual funds from HS-BC. Mutual funds from most AMCs are available and it does not have to be an HS-BC mutual fund.

👉 However, these will be Regular Mutual Funds, not Direct Mutual Funds. Expense ratios will be 0.5%–1% higher compared to direct MFs.

Can Existing Mutual Funds Be Transferred?

✅ Yes.

👉 Existing Regular Mutual Funds can be transferred from your current distributor to HS-BC.

❌ Direct Mutual Funds cannot be transferred.

❌ I am not opting for MF-based TRV as all my mutual funds are Direct Mutual Funds.

❌ Also, I manage my MF portfolio on my own and prefer investing only through Direct Plans.

3️⃣ Option-3: Transfer Existing Stocks, ETFs & SGBs to HS-BC

👉 You can transfer existing stocks, ETFs and even non-demat SGBs to HS-BC.

⚠️ But remember, HS-BC currently provides only a Demat Account.

❌ They do not offer a Trading Account as of now.

This means that after transferring your holdings to HS-BC, you won’t be able to instantly sell them like you do on Zerodha, Groww, etc.

👉 You can still sell them or transfer them back to another demat account through an offline request to your RM. The process may take around 5-7 days every time you wish to sell a stock or ETF.

👉 Till about a year ago, HS-BC had a tie-up with ICICI Securities for trading services. Customers could buy and sell securities held in the HS-BC Demat Account through ICICI Trading.

❌ That arrangement is no longer there.

👉 HS-BC is expected to launch its own trading account in the future, but there is no certainty on timelines.

✳️ How Much Time Do I Get to Restore TRV?

👉 HS-BC reviews TRV on a quarterly basis (calendar quarter).

If there is a shortfall at the end of a quarter:

💰 Penalty = 0.2% of the shortfall amount, subject to a maximum of ₹2,000 (₹2,360 including GST). Not a huge amount. Also, a good RM can get first penalty waived-off (as told by my RM)

👉 If TRV is still not maintained after the second quarter (6 months), the same penalty will be charged again.

⚠️ Continued non-maintenance beyond 6 months may result in downgrade of the Premier relationship.

What If I Maintain TRV for Only One of us?

👉 Since both of us are part of the same Family Banking Group, both credit cards will continue even if I maintain TRV for only one.

However, at the time of renewal:

✅ Only one card’s annual fee will be waived.

❌ The second card will attract an annual fee of ₹23,600 including GST.

✳️ Which Option Have I Chosen?

👉 I will be transferring approximately ₹55 Lakhs worth of ETFs, some long-term stocks and some non-demat SGBs to the HS-BC Demat Account.

💡 Why?

Because this is the only zero additional cost option for me.

👉 If HS-BC launches a trading account before renewal, I may transfer another ₹50 Lakhs worth of ETFs and stocks and continue with both primary cards.

👉 Or, I may simply close one of the cards before the renewal and will take an add-on card.

😊 One primary card + one add-on card should serve the purpose perfectly.

All the lifestyle benefits such as airport transfers, meet & greet, lounge access, golf etc are available at Family Banking group level. So, entire family shares the benefits. So, no issues on that front as well ✅✅✅.

👍Like and Follow SpendWisely for such insightful information about credit cards

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

[unlearn and relearn @unlearnlife]

@GojoSaturo48 @imYadav31 If you use Amex, check Shopwise. It has a link to Uniqlo.

[unlearn and relearn @unlearnlife]

For the PAR application, you only need to provide the name and address of your first accommodation in Hong Kong (the hotel where you’ll stay after the cruise).
You don’t need to mention the cruise ship name in the PAR form itself. The cruise is considered part of your travel itinerary, not the primary accommodation for the Hong Kong stay requirement.
Just use your actual (or a plausible) Hong Kong hotel name/address for the land portion.

Immigration may ask for proof of accommodation and onward travel at entry, so keep your cruise booking + hotel confirmation handy.

Your overall plan (airport → cruise 5 nights → back to HK hotel 3-4 nights) fits within the 14-day limit per visit, so you’re good as long as the total stay in HK doesn’t exceed that.

[unlearn and relearn @unlearnlife]

@spendwiselyx @jatinsapra There is a very bleak chance, only because of some name mismatch with their system. But why to take the chance when it is free, and we can have it instantly.

[unlearn and relearn @unlearnlife]

What AI tools (if any) do you use for budgeting, cards, or finance? Or what feature would you want most?
✨🎁🏆

[unlearn and relearn @unlearnlife]

AI is already changing personal finance, but voice assistants like Siri still lag. Hope #WWDC can change things tomorrow for Apple.

[unlearn and relearn @unlearnlife]

I wish we could easily add Claude or Grok as extensions. Here's why it would be a game-changer:

1. Imagine asking Siri/Grok: Analyse my credit card statement and suggest reward optimisations or better cards for my spending.
Instant insights instead of manual digging. 💳

2. Other ideas: AI flagging milestone bonuses, suggesting travel redemptions. Or even summarising complex investment options. The GPT integration is a start, but deeper tool access would be powerful.
#AIFinance #CreditCards #PersonalFinance