IDFC Wealth card - Overall Experience

[0b110]

I posted earlier on the forum that I have been trying for IDFC wealth cc for quite some time but facing issues. Note that I currently maintain wealth plus relationship as well only so I could demand the wealth card. It was still a pain applying, following up and finally getting the card. Some minot glitches still remain but overall satisfied with where I am right now. I might even continue being their wealth customer as generally speaking their app and website have been quite good in my experience and debit card has good features too.

Here were the problems

1. Their algorithm kept offering me classic credit card with 80k limit when my combined credit limit across just the top 3 cards itself is 33 lakh.

2. The RM was useless. He kept insisting there is nothing he can do for credit card and it is offered

2. Emailed everyone I could for processing a wealth card but they kept replying the same bs that the card is determined based on internal policy and system decides which one to offer.

Finally took the advice from members here and used my name , pan, and family members number to try again. Voila, they offered wealth right away. I quickly accepted, completed the application and vkyc and in 3 days the card was at my door step. 2 more days and I got the dreamfolks privilege card too. So overall a smooth process once the initial hurdles were crossed.

That said, there are still some issues.
1. Now I have two numbers associated with idfc. For savings acct, it is my own number and for credit card it is the family members acct. And the only way for me to request number update is to visit the branch.
2. Any links to read more on the dream folks card like -
A. Is this same as dreamfolks dragon pass card? There is no dragon pass branding on the card or documentation it came with.
B. Is this preactivated or do I need to do anything special to activate?
C. I check the dreamfolks app and it asks for a pin along with the card no. as well. I didn't receive any pin.


Edit - got the add on card and dreamfolks card as well today. Very smooth on boarding and quick delivery. 10/10 will recommend.

If you have any questions, ask away

 

[Wealth is my birth right!]

I posted earlier on the forum that I have been trying for IDFC wealth cc for quite some time but facing issues. Note that I currently maintain wealth plus relationship as well only so I could demand the wealth card. It was still a pain applying, following up and finally getting the card. Some minot glitches still remain but overall satisfied with where I am right now. I might even continue being their wealth customer as generally speaking their app and website have been quite good in my experience and debit card has good features too.

Here were the problems

1. Their algorithm kept offering me classic credit card with 80k limit when my combined credit limit across just the top 3 cards itself is 33 lakh.

2. The RM was useless. He kept insisting there is nothing he can do for credit card and it is offered

2. Emailed everyone I could for processing a wealth card but they kept replying the same bs that the card is determined based on internal policy and system decides which one to offer.

Finally took the advice from members here and used my name , pan, and family members number to try again. Voila, they offered wealth right away. I quickly accepted, completed the application and vkyc and in 3 days the card was at my door step. 2 more days and I got the dreamfolks privilege card too. So overall a smooth process once the initial hurdles were crossed.

That said, there are still some issues.
1. Now I have two numbers associated with idfc. For savings acct, it is my own number and for credit card it is the family members acct. And the only way for me to request number update is to visit the branch.
2. Any links to read more on the dream folks card like -
A. Is this same as dreamfolks dragon pass card? There is no dragon pass branding on the card or documentation it came with.
B. Is this preactivated or do I need to do anything special to activate?
C. I check the dreamfolks app and it asks for a pin along with the card no. as well. I didn't receive any pin.

kudos for wealth card!
1. one time visit for lifetime number same in SB and CC
2.dragonpass is something which is tied up by icici only AFAIK and pin for DF call the cc of DF

 

[CardShard]

What was your Cibil score?
What did you enter in your existing card section?
What income amount did you enter?

 

[Sagar]

What was your Cibil score?
What did you enter in your existing card section?
What income amount did you enter?

+1

 

[Wealth is my birth right!]

+1

also if I declare 1.35 as gross are they asking proof (myself having some fig less to reach that 1.35pm)

 

[0b110]

1. Score - I think not so goog as I have recently applied for a bunch of cards in last month. Axis magnus, my zone, idfc wealth, bob premier, amex (application under process)

2. Choose the best card with highest credit limit you have. I have had infinia for last 3 years with current limit 15lk. Their website doesn't have option to select infinia so I selected regalia instead.

3. Real salary 1.5lk pm (though I wasn't asked to send proofs.)

Though the limit they gave on this is just 2 lakh the minimum I have ever seen for this card. I however only have this for lounge though so its okay.

 

[0b110]

also if I declare 1.35 as gross are they asking proof (myself having some fig less to reach that 1.35pm)

Yeah, depends.. I wasn't asked for proofs (perhaps because I already have wealth first acct. Not sure..) but I have seen folks getting the request for bank statements..

 

[Sagar]

They offered me the select variant without proof and the wealth variant with income proof >1.35k. I selected the wealth variant and uploaded the original salary slips with income <1.35k. I received the select card only

 

[Wealth is my birth right!]

Yeah, depends.. I wasn't asked for proofs (perhaps because I already have wealth first acct. Not sure..) but I have seen folks getting the request for bank statements..

ok i'm a non customer to IDFC atm
so better to apply when i reach that salary slab mostly by Apr'23

 

[0b110]

I was curious about the score so checked in cred and looks like it is just okay. Doesn't matter as there are no new cards I am planning to apply anymore so hopefully should level up in 6 months.

Ps. Thought cred was giving 3 scores before. Looks like they have removed transunion now..

 

[0b110]

ok i'm a non customer to IDFC atm
so better to apply when i reach that salary slab mostly by Apr'23

Good luck.. in the meantime keep checking on idfc portal with different numbers. You might get lucky some day like me.

 

[0b110]

They offered me the select variant without proof and the wealth variant with income proof >1.35k. I selected the wealth variant and uploaded the original salary slips with income <1.35k. I received the select card only

Yeah, idfc is generally hit and a miss. When it works, works like a charm. If you got up on the wrong side of bed though even logging into their app can be a task.

 

[FinoGuy]

Good luck.. in the meantime keep checking on idfc portal with different numbers. You might get lucky some day like me.

If we don't apply n just check will they do hard enquiry?

 

[0b110]

If we don't apply n just check will they do hard enquiry?

Must be a soft enquiry I reckon. I would have checked some 50-60 times in the last month itself.

 

[Sagar]

If we don't apply n just check will they do hard enquiry?

Yes. I have 4 enquiry in TU score

 

[Sagar]

Must be a soft enquiry I reckon. I would have checked some 50-60 times in the last month itself.

How to know if it is soft enquiry or hard enquiry in TU cibil?

 

[0b110]

Soft enquiries don't get into your Credit report. Hard enquiries do. At least this is the impression I had. However since you got enquiries for just checking the offer, I am not even sure anymore. I just hope all my recent shenanigans get wiped off in next 5-6 months to make the report clean again.

 

[Wealth is my birth right!]

If we don't apply n just check will they do hard enquiry?

Unless u give all tick box consent any bank is non authorized to make any hard enquiries in cibil supposedly if they do then we can complaint to rbi

 

[Wealth is my birth right!]

Good luck.. in the meantime keep checking on idfc portal with different numbers. You might get lucky some day like me.

Thanks buddy
Yes so far did twice but have a doubt if same mobile used then they offer select card only
But one thing whenever we see cards the next day cc calls and ask to take select ltf

 

[0b110]

Thanks buddy
Yes so far did twice but have a doubt if same mobile used then they offer select card only
But one thing whenever we see cards the next day cc calls and ask to take select ltf

Yeah man, as I said before, I have tried viewing preapproved cards at least 50-60 times and used to receive calls from idfc to take classic that was being offered at the time. I remember taking almost all of them in hopes that someone might agree to process wealth card on c2c basis.

Thank God I can skip those pesky calls now.