I haven't tested all the possibilities. though as per my knowledge.
a) Try to keep the transaction at a max of 45k for Rent Payment.
b) You won't get any default reward points after 50k Rent Payment.
c) You can do multiple transactions of 45k for Rent Payment. *not tested/tried*
Please refer here: https://www.technofino.in/community/threads/possibilty-to-get-scb-ultimate-using-c2c-without-prior-relationship.1498/page-3#post-36253
and continue your doubts on the above thread.
till HDFC Regalia all the cards can be turned LTF easily...
HDFC DCB - can be asked for LTF with the bank on the basis of the relationship.
HDFC Infinia PVC - People got it LTF during COVID times. The bank is not issuing Infinia PVC now.
HDFC Infinia Metal - Bank is currently not...
Magnus and Eterna are Cashbacks/Rewards cards - so if planning to book flights and hotels you will be disappointed. Otherwise, those two are superb cards, and I am using them monthly.
the above-mentioned reply was totally for the long run when you will need HDFC Infinia, now you can just mail and get the HDFC DCB on the basis of your ITR. Later, if you need Infinia you can also mail them saying you have an 8-10L limit on your xyz card.
Yes, they consider your Current Account...
till DCB I would say NO. If you are aiming for Infinia, what they will want is a good transaction on their card and a relationship.
I would only suggest opening the account if you are comfortable maintaining 2L or 1L monthly.
another way is to hold any other bank card with a limit around 8-10L...
1. 21L ITR is required or a 5L limit on the existing HDFC CC
2. Yes, don't talk to BM or RM.
3. No need to open an account when you have 24L ITR. - just send the mail or an offline letter to the Chennai office.
They will easily upgrade your Regalia to DCB.
a) Yes, you can ask them to downgrade, and if they didn't offer LTF straightforwardly by asking, tell them to offer LTF on a spend basis. 1L in 90days.
b) You can go for Diner Privilege as well - I am not sure if they issue it LTF or not.
c) Magnus's accelerated reward of 5% is capped at 1L i.e...
I would suggest you, ask them to downgrade it to HDFC Regalia (LTF) and wait for the HDFC Infinia upgrade in the future.
If your monthly spending is exceeding the max cap rewards of Magnus and Eterna then try getting SC Ultimate.
If not I guess Magnus, Eterna, and Ace combination is enough, and...