Getting a good card

[yogeeswarpal]

I used to use normal Magnus till the big devaluation. I stopped using credit cards altogether from Jan 2024 as I moved from being a personal ITR to Private LTD ITR. I put all my expenses on the private ltd to save on taxes.

Now I made two huge mistakes while doing this, I closed my Magnus with 21L limit without a downgrade or upgrade and missed a rs.1693 Amazon pay cc bill. My CIBIL plummeted as expected and the banks are not offering me a credit card, except the shitty ones.

Post moving to private Ltd after a year now, again withdraw a considerable salary for myself in personal ITR and for my close family members to save on taxes. I feel if I get a good premium credit card, I can further save on expenses.

What are the ways I can get a good premium credit card, especially the top tier one(M4B, EPM, Infinia). I am open to get them secured also.

Also while applying, should I apply as self employed or salaried?

My personal ITR for last three years 81L, 85L, 12L. Will take it above 36L again this coming year.

I am a derivatives trader who manage my own funds.

 

[Wealth is my birth right!]

I used to use normal Magnus till the big devaluation. I stopped using credit cards altogether from Jan 2024 as I moved from being a personal ITR to Private LTD ITR. I put all my expenses on the private ltd to save on taxes.

Now I made two huge mistakes while doing this, I closed my Magnus with 21L limit without a downgrade or upgrade and missed a rs.1693 Amazon pay cc bill. My CIBIL plummeted as expected and the banks are not offering me a credit card, except the shitty ones.

Post moving to private Ltd after a year now, again withdraw a considerable salary for myself in personal ITR and for my close family members to save on taxes. I feel if I get a good premium credit card, I can further save on expenses.

What are the ways I can get a good premium credit card, especially the top tier one(M4B, EPM, Infinia). I am open to get them secured also.

Also while applying, should I apply as self employed or salaried?

My personal ITR for last three years 81L, 85L, 12L. Will take it above 36L again this coming year.

I am a derivatives trader who manage my own funds.

With pvt firm try hdfc business black

 

[Virtual King]

What are the ways I can get a good premium credit card, especially the top tier one(M4B, EPM, Infinia). I am open to get them secured also.

Possible Options for Infinia

• Open an Imperia or Infinity account with HDFC (see here and here)
• Ensure you are eligible for Infinia (refer to the attachments)
• Discuss the case with your BM for Infinia
• If not approved at the BM level, discuss/escalate upwards based on your relationship
• If still not approved, wait for 3-6 months and build a relationship
• Then negotiate again

On similar lines, discuss with other preferred cards you have mentioned with other banks. Some may agree.
If not immediately, then maybe within 3-6 months, if you give them enough business value.

Hope this helps. 🙂