HDFC Credit Cards - FD Based.

[bvc19296]

Dear Community,

I had some issues in the past with HDFC Credit cards in 2015. They issued me credit card in 2013 and it got renewed in 2016, But I didn't collect the credit card as I moved out of Chennai to Bangalore. But they are saying that some payments are pending and kept it as delinquent account due to missed payments within due time which didn't happen actually with my knowledge. With that reason they are rejecting my Credit Card applications (2 rejected till now with same reason). I do hold preferred account with them with good account balance and transactions, but they are not offering credit card.

Now they are offering FD based credit card (3.5L - Regalia, 13L - Infinia). After 6-9 months of good usage they are telling they will provide Floater Credit card which will be different from the existing credit card, then you can close your FD credit card (For Ex, If we take Infinia now with 13 L FD, they wont give Infinia they may give Regalia, But if we take Regalia now they may give Diners Privilege or Diners Black depends on the usage and getting Infinia in that way will be around 3 years from now).

My Credit Card Portfolio:

ICICI Emeralde, Axis Magnus, Axis Vistara Infinite, Axis Privilege, SBI Prime, Citi Premier Miles, ICICI Coral, ICICI Amazon Pay, One Card, RBL Play Card


Can someone suggest me how to proceed from here. @TechnoFino Sumanta Hope you will be helpful on this issue.

 

[prash1161]

These are policy but they do make exception. While I applied for reg gold, asm showed me a form where it was written 5.6L for biz black and 5.x for DCB metal. He said those are only for paid card with lien fd for people who have good relationship value and as I wasn't OK to put lien. So he agreed for regalia gold.
Even for infinnia bm quoted 10L fd for lien, 15L without lien or 50L transactions in current account. When they have target they would find a way.

Konsa card lena chaiye?

 

[sidp]

Konsa card lena chaiye?

1st is which cards we can get which will depend on : fd amount, lien or without, banking relationship, which hdfc services you avail, income type, account type etc.

2nd is which one to choose among them which Depends on your spend pattern.
I like millenia because of real cb but if you want to upgrade to infinnia someday regalia is better.
I,myself wouldn't take a secured card in hdfc. Rather try to get a little lower variant ltf.

 

[prash1161]

1st is which cards we can get which will depend on : fd amount, lien or without, banking relationship, which hdfc services you avail, income type, account type etc.

2nd is which one to choose among them which Depends on your spend pattern.
I like millenia because of real cb but if you want to upgrade to infinnia someday regalia is better.
I,myself wouldn't take a secured card in hdfc. Rather try to get a little lower variant ltf.

Spending is 1-2k a month
Or 4-5k if i pay electricity bill
Just taking to get pre approved offers

 

[sidp]

Spending is 1-2k a month
Or 4-5k if i pay electricity bill
Just taking to get pre approved offers

Then millenia without doubt. Easier to get ltf. If you dont get ltf Easier to reach fee waiver. Once you get that you can try tata neu(
Best cobranded card right now).

 

[prash1161]

Then millenia without doubt. Easier to get ltf. If you dont get ltf Easier to reach fee waiver. Once you get that you can try tata neu(
Best cobranded card right now).

If i took millennia fd based

It will be ltf right?

 

[sidp]

If i took millennia fd based

It will be ltf right?

If you take secured card it will be paid. Better to maintain >1L balance for couple of months. Upgrade to classic, and negotiate 2-3wks before quarter end. Tell them You ll keep it in fd but not to put lien. Also this fd(1L for rural/semi urban, 1.5L for urban/metro) will make your account 0balance if you have savings max account. Your millenia dc/esp dc will be free. Once it matures you can take the money out and just maintain sa balance.

For millenia ltf only bm approval is required. So totally depends on your relationship with bm.

 

[prash1161]

If you take secured card it will be paid. Better to maintain >1L balance for couple of months. Upgrade to classic, and negotiate 2-3wks before quarter end. Tell them You ll keep it in fd but not to put lien. Also this fd(1L for rural/semi urban, 1.5L for urban/metro) will make your account 0balance if you have savings max account. Your millenia dc/esp dc will be free. Once it matures you can take the money out and just maintain sa balance.

For millenia ltf only bm approval is required. So totally depends on your relationship with bm.

Already classic c

 

[prash1161]

If you take secured card it will be paid. Better to maintain >1L balance for couple of months. Upgrade to classic, and negotiate 2-3wks before quarter end. Tell them You ll keep it in fd but not to put lien. Also this fd(1L for rural/semi urban, 1.5L for urban/metro) will make your account 0balance if you have savings max account. Your millenia dc/esp dc will be free. Once it matures you can take the money out and just maintain sa balance.

For millenia ltf only bm approval is required. So totally depends on your relationship with bm.

I gave bamboo into bm before opening account so not so good

 

[sidp]

Already classic c

Then try during March 2nd wk, BM can make it ltf. But don't accept anything below millenia.

 

[sidp]

I gave bamboo into bm before opening account so not so good

1st try with him. Else shift branch. You can do that online. No need to visit branch. But you may visit the other branch 1st. Who know that bm might be even worse.

 

[prash1161]

1st try with him. Else shift branch.

Itni utsukta nhi hai bhai

 

[prash1161]

Itni utsukta nhi hai bhai

Rm ko bola hai
Kal batayega
Let's see

 

[prash1161]

Rm ko bola hai
Kal batayega
Let's see

Branch ka hi rm h

 

[sidp]

Rm ko bola hai
Kal batayega
Let's see

If yours is classic salary account, you can try to reg gold. But unless you plan to travel/hotel stay, millenia is better.

 

[prash1161]

If yours is classic salary account, you can try to reg gold. But unless you plan to travel/hotel stay, millenia is better.

Bhai savings only

 

[bvc19296]

This is the latest and valid till 31-03-2024. Above Regalia Gold cards are with GH approval with some high FD values. Not sure of the FD amount though.

 

[prash1161]

my branch offering millennia for 75k fd

 

[prash1161]

but its not ltf

 

[prash1161]

This is the latest and valid till 31-03-2024. Above Regalia Gold cards are with GH approval with some high FD values. Not sure of the FD amount though.

They offering me for 75k
But no ltf

 

[bvc19296]

my branch offering millennia for 75k fd

This is standard offering. Depends on branch RM/BM in their targets and permissions.