FD Credit Card

[Milan]

Please show me a best savings account so that I can make big fixed deposits in this account and get a good credit card

 

[doraemon]

Kotak 811 with dream different fd card

Idfc with idfc wow
ICICI wealth with platinum fd card


You can mark my answer as solution if it's answers your query

 

[Milan]

How much balance should be maintained in ICICI wealth account

 

[doraemon]

How much balance should be maintained in ICICI wealth account

5l cheque is reqd for opening
And basically it's a zero balance account though you are expected to maintain some good balance
Otherwise they might downgrade
@DocFixIt

 

[Vasuki]

Please show me a best savings account so that I can make big fixed deposits in this account and get a good credit card

5l cheque is reqd for opening
And basically it's a zero balance account though you are expected to maintain some good balance
Otherwise they might downgrade
@DocFixIt

To add
How long u want to keep the fd .

 

[Milan]

To add
How long u want to keep the fd .

2- 3 years

 

[bvc19296]

2- 3 years

If you’re planning to keep for 2-3 years make 3L FD and get Regalia from HDFC, 50K in IDFC take IDFC Wow, 1.5L in ICICI and go for platinum FD card.

 

[Milan]

If you’re planning to keep for 2-3 years make 3L FD and get Regalia from HDFC, 50K in IDFC take IDFC Wow, 1.5L in ICICI and go for platinum FD card.

How to get regalia from HDFC

 

[bvc19296]

How to get regalia from HDFC

Post in thread 'HDFC Credit Cards - FD Based.'
https://www.technofino.in/community/threads/hdfc-credit-cards-fd-based.8860/post-542911

Go through this post on FD based HDFC cards.

 

[bvc19296]

This FD based scheme is valid till 31-03-2024. No update on the latest scheme. But you can check with RM/BM.

 

[Milan]

If you’re planning to keep for 2-3 years make 3L FD and get Regalia from HDFC, 50K in IDFC take IDFC Wow, 1.5L in ICICI and go for platinum FD card.

I am confused right now, should I do a fixed deposit of 5 lakhs in single card or a fixed deposit in a different bank in a lump sum?

 

[bvc19296]

I gave you option of 5L splitted in 3 banks and you can get 3 credit cards. If 3 are not needed go for which suits your purpose.

 

[Vasuki]

2- 3 years

So open , icici wealth management with 5 lakh IP .
Do 1.5 L and take ICICI fd card . ( U will get icici apay in 6-9 month ) even below 21

Open saving max account via branch.
Talk to BM / employee who will become RM

Get classic banking/ vishesh for semi urban
3.5 -3.6 lakh in fd get regalia gold
Because they give 80% of limit .

This will help you in getting cc very easily ..

In 6 month u will start getting cards ..

 

[Vasuki]

I gave you option of 5L splitted in 3 banks and you can get 3 credit cards. If 3 are not needed go for which suits your purpose.

I guess I answered him ..
This is be best

One high limit card for C2C as hdfc statement is accepted by sbi sprint portal .

Icici will give him apay so unsecured card gates open . directly

So open , icici wealth management with 5 lakh IP .
Do 1.5 L and take ICICI fd card . ( U will get icici apay in 6-9 month ) even below 21

Open saving max account via branch.
Talk to BM / employee who will become RM

Get classic banking/ vishesh for semi urban
3.5 -3.6 lakh in fd get regalia gold
Because they give 80% of limit .

This will help you in getting cc very easily ..

In 6 month u will start getting cards ..

 

[drsel]

If you can put 30 lacs in a fixed deposit, you can apply for India's best card Magnus Burgundy.
40% discount on EazyDiner once a month (1000 on 2500)
50% discount on EazyDiner once a year. ( Max 3000 on 6000)
24% return on both domestic and international flights on traveledge (upto 2 lacs spend every month)
Upto 24% return on Grabdeals & Giftedge vouchers (upto 4000 on 16667 per month)
4.8% return on almost everything else.(below 1.5 lakh per month)
14% return on almost everything else (above 1.5 lakh per month)
Unlimited International Lounge access without any spend requirement.
4 free guest visits at International lounges every year.
4 free Airport Meet & Greet every year + 10% extra discount at international airport duty free shop.

None of the other cards mentioned come even close to this card.

 

[bvc19296]

If you can put 30 lacs in a fixed deposit you will get India's best card Magnus Burgundy.
40% discount on EazyDiner
24% return on both domestic and international flights on traveledge.
24% return on grab deals
4.8% return on almost everything else.
Unlimited International Lounge access without any spend requirement.

Once upon a time 5th point was granted easily. Now you’ve very limited options.

But good for lounges over crowding capacity.

 

[Vasuki]

If you can put 30 lacs in a fixed deposit, you can apply for India's best card Magnus Burgundy.
40% discount on EazyDiner once a month (1000 on 2500)
50% discount on EazyDiner once a year. ( Max 3000 on 6000)
24% return on both domestic and international flights on traveledge (upto 2 lacs spend every month)
24% return on grab deals (upto 4000 on 16667 per month)
4.8% return on almost everything else.(below 1.5 lakh per month)
14% return on almost everything else (above 1.5 lakh per month)
Unlimited International Lounge access without any spend requirement.
4 free guest visits at International lounges every year.
4 free Airport Meet & Greet every year + 10% extra discount at international airport duty free shop.

None of the other cards mentioned come even close to this card.

Great but Op is not asking for 30 L
But 5 lakh he is I guess trying to get into cc not Super premium card in a go

 

[drsel]

I am confused right now, should I do a fixed deposit of 5 lakhs in single card or a fixed deposit in a different bank in a lump sum?

Including all your family members,
What is the maximum your combined family can put into a fixed deposit?

 

[Milan]

Including all your family members,
What is the maximum your combined family can put into a fixed deposit?

Maximum 10 Lakh

 

[agrprashant]

I recommend ICICI FD Based credit card. Kotak's services are "out of the world"

HDFC also is fine. Do ensure though that you open a Savings Account with whichever bank (HDFC/ICICI) you go with so you become auto eligible for an unsecured credit card. All the best!