But here the question is what is that lucrative offer ?
TBH I don't find anything highly rewarding in Infinia
It's a simple mediocre product and you can never get returns like any of the axis cards
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HDFC offering Infinia against investment - is it worth it?
- Thread starter credit_explorer
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TBH I don't find anything highly rewarding in Infinia
It's a simple mediocre product and you can never get returns like any of the axis cards
Only to get redemption account blocked and asked to produce invoices even for a transaction in hundreds there by humiliating the customers…
Please don’t compare anything with AXIS..
It is not always about rewards that count…
Relationship, respect, valuing customer, dependability, trustworthiness…also count in my view..
how humiliating for any customer for getting their accounts blocked in especially premium segments…
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Fair point
Leave Axis , I don't find Infinia rewarding against the Amex products too atleast for me.
I would take plat travel against getting Infinia.
If I get Infinia that would be no condition LTF , as per me it's not something I would pay for atleast after the recent devaluation..
Premium segment customers should check their Bills for the past 4 months and share them with Axis - I am sure RPs only matter to such premium segment customers- not respect and other fundamental aspects around customer relationship
This exactly is the reason, I still believe in HDFC & Amex even though got irritated with HDFC in multiple other things. Atleast they're consistent & reliable. Instead from what I've seen most of the banks act like they're in Beta mode, tinkering the rules frequently.
At the end of the day, I started to think that the TIME spend on all this calculations, chasing the customer care, arguing with those guys to explain the genuineness of the spends is not that much worth than the benefits of the high rewarding cards.
I have spent genuine 20 lacs in last 4 months. No points blocked or no email received.
It is you only..
How many others got the notices..
You have to take the things on the whole
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That is you..
Anyway Plat travel in its current form, is definitely a good one in its segment and you never know when it's due for devaluation.
It seems it is sooner than later as per rumours.
Anyway plat travel and Infinia are not Apple to Apple comparisons.
Riya
TF Ace
They are just honeypotting you... When you'll go for cancellation, they'll quote some stupid rule no 9 claus 10 that you'll get only so and so amount...
FDR tak thik tha but sstay miles away from these endowment policies ... I'm regretting myself
techt
TF Legend
Even for non prem cards like Airtel too, they goofed up. They mixed non-airtel to airtel and ceiled all the max cashback to 300.
Ex : Airtel bill ~1000 INR ----> 25% = 250
non airtel bills ~4000 INR ----> 10% but ceil of 300 = 300
Ideally, it should reward 250+300= 550 INR
But they put everything in one bowl and rewarded 300 INR.
Somehow, here the coder goofed up variables.
See, for this we need to go back to basics…
As they say in relationships, once a cheater, always a cheater…
Basic fundamental rules always stay relevant at anytime for anyone.. some of them..
1) Honesty
2) Integrity
3)trustworthiness
4)transparency
Etc…
These always count in any type of relationship…
Why I cited about premium relationship, we lose big in premium segment compared to others
Remember , once a cheater always a cheater..
I implement / follow these basics everywhere, including this forum..
Once I found that someone don’t meet the above criteria, I just block them and move on.. no need to waste our valuable time on those..
In their view they are right, but if it doesn’t suit me, I just move on..
I don’t like confrontation, I am a smooth operator
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F
Frankly, you may have good experience with one bank and other person's experience can be pathetic. This is common. My experience with HDFC has been absolutely worst ever. Other person may have had a good experience with them. It's all subjective
Even though you are absolutely right about YMMV factor,
As I said before, when we want to give some advice/ form an opinion about any organisation, we need to look into the things in a broader spectrum..
while doing this you would know where AXIS stands in comparison to other Banks…
BTW. I never had any bad experience with AXIS..
Or as a matter of fact, with any other banks as well…
How I achieved the above, I see the things in a wholistic view.. I don’t wait bad things to happen to me. I take others experiences also into consideration and form a realistic opinion and act accordingly.. By doing this , we can be more practical and in a better position to advise someone more clearly…
Bigger picture… vs micro management, we need to consider right concept for right things at right time..
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That was just a reference in terms of rewards.
But I think we are deviating from the topic
The Topic was is it Ok to get Infinia via ULIP route or not.
And for that it doesn't matter even if Infinia was the best rewarding card , Every investment that we do should be done strategically , the bonuses like Infinia shouldn't be a driving agent. If you want to do a ULIP with hdfc and they give you Infinia or Infinia reserve then there is no harm , but if you are doing the ULIP only to get Infinia doesn't make sense.
Coming Back to the OP's question . The evry fact that you raised this question means that you are not interested in their ULIP product rather it's only to be done for getting Infinia.
If you were to take my opinion , I would say don't do it , it's not wise to invest even 1 Rs without proper planning.
But if you are into the Infinia Fan Club , then go ahead at the end it's your money and if that gives you happiness then why not 😂😂😂
If you were to take my opinion , I would say don't do it , it's not wise to invest even 1 Rs without proper planning.
But if you are into the Infinia Fan Club , then go ahead at the end it's your money and if that gives you happiness then why not 😂😂😂
kshitij_0
TF Ace
Absolutely
I tend to disagree on this. Probably I am not getting your pov.
Exactly
This is very valid, the driving factor should be the right choice.
ULIP is one of my investments in my diversified portfolio which has some element of Insurance and tax benefits which also provides me the following side benefits as stated in one of my previous posts…
Axis Bank Liberty Savings Account Benefits
Axis Liberty Savings Account is the Best Savings for those who can Spend 10,000 INR Per month On Food, Entertainment, Shopping and Travel via Axis Liberty Debit Card and Spend 15,000 INR Per Month at any Merchant ** via UPI or Axis Liberty Debit Card. If we Fulfill Above Spending Criteria We...
www.technofino.in
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kshitij_0
TF Ace
Exactly ....pretty simple idea.
We can include post maturity Tax benefits (this thing is sold in ULIPs which is a proper Gimmick) also. Then also Equity/even good mutual funds are better overall.
I am not against ulip investments , I am against the intent ,
Every one is not into complete equity and I respect that , but doing investments for a credit card is a big NO
And it goes against every single financial principle
Please refer to my above updated post…
At the end of the day, given a situation how do we maximise our returns which suits our personal financial situation, financial goals, finances opportunities we get . There is nothing right or wrong
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