IDFC Wow Credit Card

[varun__goel_]

Wanted to get a secured credit card for my mother as she have very low cibil score and IDFC Wow looks good. Wanted to know how has been fellow member's experience with this, who do not hold IDFC savings acc.
1. The onboarding experience.
2. Do we receive any LE offers like Kotak.
3. Interest earned is reinvested or credited to our acc?
4. Card cancellation experience (time the bank takes to return FD to our acc)

 

[RajS]

1. No issues in onboarding. Got the physical card quickly. But, IDFC app took long time to list the card.
2. LE can be done by opening additional FDs
3. Reinvested.
4. Didnt try closing the card

 

[plastikman]

Wanted to get a secured credit card for my mother as she have very low cibil score and IDFC Wow looks good. Wanted to know how has been fellow member's experience with this, who do not hold IDFC savings acc.
1. The onboarding experience.
2. Do we receive any LE offers like Kotak.
3. Interest earned is reinvested or credited to our acc?
4. Card cancellation experience (time the bank takes to return FD to our acc)

@Chaitanya-a Enlighten kijiye.

 

[Chaitanya-a]

Wanted to get a secured credit card for my mother as she have very low cibil score and IDFC Wow looks good. Wanted to know how has been fellow member's experience with this, who do not hold IDFC savings acc.
1. The onboarding experience.

Onboarding experience is good. No issues whatsoever.

2. Do we receive any LE offers like Kotak.

No LE offer

3. Interest earned is reinvested or credited to our acc?

Interest is reinvested

4. Card cancellation experience (time the bank takes to return FD to our acc)

Just put the closure request they'll confirm it over call and the card will get closed within next few days.

 

[varun__goel_]

Onboarding experience is good. No issues whatsoever.

No LE offer

Interest is reinvested

Just put the closure request they'll confirm it over call and the card will get closed within next few days.

Okay thnx 👍

 

[Vasuki]

Wanted to get a secured credit card for my mother as she have very low cibil score and IDFC Wow looks good. Wanted to know how has been fellow member's experience with this, who do not hold IDFC savings acc.
1. The onboarding experience.
2. Do we receive any LE offers like Kotak.
3. Interest earned is reinvested or credited to our acc?
4. Card cancellation experience (time the bank takes to return FD to our acc)

Better go with Kotak .
Idfc has very strange policy in cc . You never know after taking thier fd card which century they will offer you unsecured card .
Reporting to cibil is too late ..
Better choose - kotak . But yeah kotak gives u limit enhancement best i have heard.
If u are from non service area u will get limit enhancement. If you are from serviceable area u will get card upgradation ..and
Even i heard if u from serviceable area fd will break after time and just get converted to unsecured if u used it like layman .

If she has icici account go for It .

 

[varun__goel_]

Better go with Kotak .
Idfc has very strange policy in cc . You never know after taking thier fd card which century they will offer you unsecured card .
Reporting to cibil is too late ..
Better choose - kotak . But yeah kotak gives u limit enhancement best i have heard.
If u are from non service area u will get limit enhancement. If you are from serviceable area u will get card upgradation ..and
Even i heard if u from serviceable area fd will break after time and just get converted to unsecured if u used it like layman .

If she has icici account go for It .

My next question was just about this whether to go for kotak or idfc😂😆

 

[Chaitanya-a]

Better go with Kotak .
Idfc has very strange policy in cc . You never know after taking thier fd card which century they will offer you unsecured card .
Reporting to cibil is too late ..
Better choose - kotak . But yeah kotak gives u limit enhancement best i have heard.
If u are from non service area u will get limit enhancement. If you are from serviceable area u will get card upgradation ..and
Even i heard if u from serviceable area fd will break after time and just get converted to unsecured if u used it like layman .

If she has icici account go for It .

I got unsecured Select CC after having Wow CC. You just have to apply again with unregistered number.

 

[varun__goel_]

For kotak fd cc, is acc necessary?

 

[Vasuki]

My next question was just about this whether to go for kotak or idfc😂😆

Just go with kotak u have good probability of getting LE & offer if serviable area.

With idfc u have possibility that u might get other card ..
Idfc algorithm is too immature

I got unsecured Select CC after having Wow CC. You just have to apply again with unregistered number.

Bro here people apply from various number only to get Idfc fd based card offer. Even with c2c and Good salary .
Getting idfc card via apply is like having Luck on steroids

 

[Vasuki]

For kotak fd cc, is acc necessary?

Open 811 !

 

[Chaitanya-a]

Open 811 !

After opening kotak account, you'll easily get unsecured ltf cc pre approved offer within 1 month. There's no need to get fd based card.

 

[plastikman]

My next question was just about this whether to go for kotak or idfc😂😆

Wow card is Visa Infinite 😆

 

[varun__goel_]

After opening kotak account, you'll easily get unsecured ltf cc pre approved offer within 1 month. There's no need to get fd based card.

Cibil is less than 700🙂

 

[Vasuki]

Wow card is Visa Infinite 😆

And if u want withdraw your cc money u can do it too with least charge in industry 🧤

 

[Vasuki]

Cibil is less than 700🙂

Take both the card . Idk what amount you planning ..
Idfc start with 2k .& Kotak 5 .

Do fd in both . One Which u can end in few month ..one which u won't close . & Just let it be dormant.
In 3 month ur cibil will jump to 750 around . Then u can choose for yourself

 

[varun__goel_]

Take both the card . Idk what amount you planning ..
Idfc start with 2k .& Kotak 5 .

Do fd in both . One Which u can end in few month ..one which u won't close . & Just let it be dormant.
In 3 month ur cibil will jump to 750 around . Then u can choose for yourself

Idfc has changed min amt to 5k now
Yes I will look into it, but I guess fd card with savings acc will be better for seamless experience...

 

[Vasuki]

Idfc has changed min amt to 5k now
Yes I will look into it, but I guess fd card with savings acc will be better for seamless experience...

With idfc it will be same experience .
As said earlier they don't have any relationship with saving account & cc.

If u have cc & call same thing . If u have saving account too

 

[doraemon]

Sorry for bumping old thread
I have a question yesterday I accidentally applied for idfc wow and got the card and they by default added UPI card which I don't needed and told me that I will be charged 236 something

I told them to close this card and now I got messaged that card is permanently blocked
In idfc app it's showing requested for closure on cards

So what will happen to my fd?
And cc?

 

[Vasuki]

Sorry for bumping old thread
I have a question yesterday I accidentally applied for idfc wow and got the card and they by default added UPI card which I don't needed and told me that I will be charged 236 something

I told them to close this card and now I got messaged that card is permanently blocked
In idfc app it's showing requested for closure on cards

So what will happen to my fd?
And cc?

99 is the fees right?
Whatever u closed.will be closed
Wow + fd will remain as they were