IDFC WOW credit card card limit at max 100000?

[shantanu3637]

I tried opening IDFC First WOW credit card. The card gives credit limit equal to FD amount that you open with them. The default FD limit is capped to a maximum of 100000. Is there any way to get higher credit limit by booking a higher amount in FD?

 

[BabluDon]

Whats you reason for going with IDFC Wow Credit Card? There are plenty of secured credit cards in market !

 

[shantanu3637]

Whats you reason for going with IDFC Wow Credit Card? There are plenty of secured credit cards in mark

I want it for forex payment. It has 0 forex markup and very low conversion rate.

 

[telescope]

I tried opening IDFC First WOW credit card. The card gives credit limit equal to FD amount that you open with them. The default FD limit is capped to a maximum of 100000. Is there any way to get higher credit limit by booking a higher amount in FD?

You can book another fixed deposit and link that to increase cc limit. Maximum 2 additional fixed deposits can be linked.

The link to increase is - https://www.idfcfirstbank.com/credit-card/cc-cli-standalone

Please click on the 'tick button' below if you are happy with my answer. Thank you.

 

[shantanu3637]

You can book another fixed deposit and link that to increase cc limit. Maximum 2 additional fixed deposits can be linked.

The link to increase is - https://www.idfcfirstbank.com/credit-card/cc-cli-standalone

Please click on the 'tick button' below if you are happy with my answer. Thank you.

I know that credit limit can be extended, I want to know whether it can be extended beyond 100000 overall limit.

 

[Sourabh_13]

NTB customers aren't allowed to book the FD of more than 1L while applying for the WOW card. After the card is approved, which of course will, the customer isn't NTB anymore, and so he can increase the limit beyond 1L (till 10L) through additional FDs.

 

[shantanu3637]

What is a NTB customer?

 

[Sourabh_13]

What is a NTB customer?

New To Bank

 

[telescope]

I know that credit limit can be extended, I want to know whether it can be extended beyond 100000 overall limit.

Maximum 10 lakh.