Regalia to Infinia upgrade

[navonline7]

I have a Regalia LTF card that I want to upgrade to Infinia. The credit limit on the Regalia card is around 15 lakhs. Since I already fulfill the credit limit criterion, I plan to spend 10+ lakhs in 6 months.

My questions:

• Are school fees and jewellery spends considered for the 10+ lakhs criterion?
• Will I get base rewards for school fees and jewellery spends?

 

[Ash8]

1. Both spends will be considered.
2. Jewellery - yes. For school fees, with all the restrictions coming in place and the complexity of MCC, it all depends. Use the CC directly on school POS machines to avoid charges.

Please mark as solution if helpful.

 

[Amit_1]

If we make following payments online from any 3rd party portals, would they be considered in 8+ Lakh spend criteria for Infinia Eligibility:
1) Vendor Payments
2) Education Payment
3) Rent Payment
4) Amazon GV & Flipkart GV

 

[Ash8]

If we make following payments online from any 3rd party portals, would they be considered in 8+ Lakh spend criteria for Infinia Eligibility:
1) Vendor Payments
2) Education Payment
3) Rent Payment
4) Amazon GV & Flipkart GV

All personal spends are eligible, I don't think they check where did you spend the money. But don't do business transactions to be on safer side.

 

[Amit_1]

All personal spends are eligible, I don't think they check where did you spend the money. But don't do business transactions to be on safer side.

One more thing, if we get Add-On Card for RG and make spends, will it be counted towards the 8+ Lakh spend criteria for Infinia Eligibility from both the cards?

 

[Aniket Sharma]

One more thing, if we get Add-On Card for RG and make spends, will it be counted towards the 8+ Lakh spend criteria for Infinia Eligibility from both the cards?

Yes, it does

 

[Aniket Sharma]

All personal spends are eligible, I don't think they check where did you spend the money. But don't do business transactions to be on safer side.

Can you explain business transactions?

From retail card, i thought whatever bought is retail transaction.

 

[Ash8]

Can you explain business transactions?

From retail card, i thought whatever bought is retail transaction.

On Amazon, you can also provide a valid GSTIN number for buying products and resell those further as a business entity. If you pay for these business transactions using your personal credit card then your card can be blocked as well for such non-personal use.

Now you wouldn't do such things in daily life, but what if you buy 5 phones showing them as personal expense and sell them as part of a business or to your friends who were needing it. Banks can again ask for justifying such transactions or block card for suspicious non-personal transactions again.

 

[Aniket Sharma]

On Amazon, you can also provide a valid GSTIN number for buying products and resell those further as a business entity. If you pay for these business transactions using your personal credit card then your card can be blocked as well for such non-personal use.

Now you wouldn't do such things in daily life, but what if you buy 5 phones showing them as personal expense and sell them as part of a business or to your friends who were needing it. Banks can again ask for justifying such transactions or block card for suspicious non-personal transactions again.

That's reasonable, I understood, but as far I have seen these are only for those cards which having low limits under 5 lacks.

 

[Ash8]

That's reasonable, I understood, but as far I have seen these are only for those cards which having low limits under 5 lacks.

Yes and then you never know, especially when you might be inviting bank to check your last 6 months transactions for card eligibility.