Our Mission: Simplifying India's Credit Card Ecosystem
India's credit card market is one of the most lucrative in the world, offering up to 33% rewards on flights, ₹10,000 Taj vouchers, and free airport lounge visits. However, with quarterly spend hurdles, cryptic exclusions (rent, wallet reloads, utilities), and sudden bank circular devaluations, over 70% of cardholders forfeit their hard-earned milestone rewards.
PerkIQ India was created to solve this problem through automated mathematical optimization, milestone tracking, and autonomous bank devaluation monitoring.
What We Solve
- Missing a ₹4 Lakh Amex milestone by just ₹5,000 forfeits 25,000 points + ₹10,000 hotel vouchers.
- Incurring annual fees because bank statements close before calendar quarter-end spend targets.
- Arriving at domestic airport lounges only to be denied entry due to unannounced spend criteria.
- Swiping the wrong card at petrol pumps or SmartBuy portals, resulting in 1% reward instead of 16.66%.
- Milestone Tracker: Visual pace indicators showing exact daily spend required to unlock bonus vouchers.
- Smart Spend Router: Instant recommendation of which card gives the highest mathematical yield on any purchase.
- Lounge Sentinel: Live tracking of spend-based quarterly access rules across DreamFolks & Priority Pass.
- Bank Devaluation Radar: Ingests official circulars from HDFC, SBI, Axis, and ICICI so you are never caught unprepared.
Our Core Architectural Pillars
Unlike traditional expense managers that require syncing your bank SMS inbox or linking your netbanking credentials, PerkIQ operates with zero access to your bank accounts. We never store credit card numbers or banking secrets. Your portfolio choices are completely private.
Our card recommendation algorithms are completely deterministic. Cards are ranked purely on legitimate rewards yield (such as 16.66% on HDFC Infinia SmartBuy or 10% on Axis Atlas). We never artificially promote a card because of affiliate partnerships.
PerkIQ is specifically engineered for Indian banking mechanisms: including Gyftr voucher stacking, SmartBuy multipliers, DreamFolks airport lounge integrations, RuPay UPI credit card rewards, and individual CIBIL credit score utilization thresholds (30% rule).
Fact-Checking & Research Methodology
Our card database and devaluation radar are updated continuously by monitoring primary bank documentation:
- Official Schedule of Charges (SOC) published by issuing banks.
- Official bank notification circulars and customer email bulletins.
- Terms and conditions for accelerated voucher portals (SmartBuy, Gyftr, GrabDeals).
- RBI guidelines on cardholder rights, billing cycles, and fee waiver reversals.