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Do you really need a credit card advisor? Here’s when the fee may be worth it
Mint 1 hr ago·7 Sept 2026, 9:17 am
Credit card advisory services promise to optimize rewards, but the fees can be steep, ranging from a few hundred rupees to over ₹1.5 lakh. These advisors claim to help you earn more cashback or miles than you would on your own, but the service is not free. The key question for investors is whether the extra rewards generated by a professional strategy will actually outweigh the upfront cost of the advice.
For investors, the decision to hire an advisor depends on your credit card usage. If you hold a few cards and spend a lot, the time and effort to manually track offers might be high. In this case, a lower-cost service could be worth it. However, if you use just one card or have a simple spending pattern, the fees are likely not justified, and you can achieve similar results by staying informed on your own.
What to watch next is the value of the rewards. Investors should calculate the net return by subtracting the advisor's fee from the total rewards earned. If the rewards exceed the fee, the service is paying for itself. If not, you are better off managing your cards independently. Always compare the cost of the service against the potential rewards before signing up.
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