Moving 9 Lakhs FD from Axis to Hdfc

[Gvutukuri7]

I hold two FD'S from axis bank with 6 lakhs and 3 lakhs . I am thinking to move them to HDFC . Also i hold salary account in HDFC From Feb 2024 around (60k) i Almost save 80% of it currently hold some savings as well. can I get best Cards from HDFC ?

 

[BVCBVC is verified member.]

Thread 'HDFC Credit Cards - FD Based.'

Mar 10, 2023

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...

• BVC
• Replies: 162
• Forum: HDFC Bank Credit Card

• 
• 

You can see discussion on the same topic. And the below image also you can refer, but the latest one is not there.

 

[Gvutukuri7]

Thread 'HDFC Credit Cards - FD Based.'

Mar 10, 2023

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...

• BVC
• Replies: 162
• Forum: HDFC Bank Credit Card

• 
• 

You can see discussion on the same topic. And the below image also you can refer, but the latest one is not there.

View attachment 68630

Thank you very much . I also see many pre approved emails . But they don’t show any cards in the email

 

[Jhon Anand]

Thread 'HDFC Credit Cards - FD Based.'

Mar 10, 2023

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...

• BVC
• Replies: 162
• Forum: HDFC Bank Credit Card

• 
• 

You can see discussion on the same topic. And the below image also you can refer, but the latest one is not there.

View attachment 68630

I heard now RG LTF is being phased out and only available as pre approved. Do we have latest circular?

 

[kiranjain]

I was thinking to move FD from co-op bank to axis or HDFC..... Any guidance please???? Amt 8.5L

 

[VasukiVasuki is verified member.]

I was thinking to move FD from co-op bank to axis or HDFC..... Any guidance please???? Amt 8.5L

What's your objective from banks
Both are good & bad in their own way
Move to axis

 

[sidpsidp is verified member.]

I was thinking to move FD from co-op bank to axis or HDFC..... Any guidance please???? Amt 8.5L

Depends on what are you expecting innreturn?
If you are going to hold till mature and won't break even in case of emergency then break it up into 2 fd in 2 different bank/account. You can choose any sfb (best return,still insured by rbi)
If you plan to use it as emergency fund you can choose hdfc/icici, cuz liquidity is more important

 

[kiranjain]

i am thinking to open FD in axis or hdfc so that can get good Credit Card
already have axis ace cc (looking for select or atlas) and also have hdfc business moneyback (looking for better one)
also good free debit card with cashbacks

 

[VasukiVasuki is verified member.]

i am thinking to open FD in axis or hdfc so that can get good Credit Card
already have axis ace cc (looking for select or atlas) and also have hdfc business moneyback (looking for better one)
also good free debit card with cashbacks

What's the limit on ace

Debit card
Open idfc select with 3 lakh ip

 

[fradela]

I was thinking to move FD from co-op bank to axis or HDFC..... Any guidance please???? Amt 8.5L

8.5 L is big amount. Why you invest everything on FD.

FD has TDS. See only Post Tax return. Don't see pre tax return.

Go with Equity MF for higher returns.

Go with Debt MF for FD like returns with higher safety.

Don't invest FD more 4L in single bank as the insurance 5L only.

Asset Allocation is more important for wealth creation.

 

[fradela]

i am thinking to open FD in axis or hdfc so that can get good Credit Card
already have axis ace cc (looking for select or atlas) and also have hdfc business moneyback (looking for better one)
also good free debit card with cashbacks

Don't mix with FD and Credit Card.

 

[kiranjain]

What's the limit on ace

Debit card
Open idfc select with 3 lakh ip

Ace 2.6L and HDFC BIZ MB 96k only

 

[kiranjain]

8.5 L is big amount. Why you invest everything on FD.

FD has TDS. See only Post Tax return. Don't see pre tax return.

Go with Equity MF for higher returns.

Go with Debt MF for FD like returns with higher safety.

Don't invest FD more 4L in single bank as the insurance 5L only.

Asset Allocation is more important for wealth creation.

yes for that (5L) reason also changing bank 😛

FD was in bharat co-op bank and was getting auto renewed.... now after learning from technofino thinking to get some lifetime free premium credit card from other bank 😀

yeah amout FD mai hi jayega..... no no to equity

 

[kiranjain]

Don't mix with FD and Credit Card.

sirji FD dusre bank mai shift karni hai..... sath mai acha credit card mil jaye tho achi baat hai na 😀

 

[VasukiVasuki is verified member.]

Ace 2.6L and HDFC BIZ MB 96k only

Bro just call axis & say u want atlas they will give u over call in 2 minutes

 

[fradela]

yes for that (5L) reason also changing bank 😛

FD was in bharat co-op bank and was getting auto renewed.... now after learning from technofino thinking to get some lifetime free premium credit card from other bank 😀

yeah amout FD mai hi jayega..... no no to equity

It is a heaven if you have patience for investors.

It is hell only for traders with greedy and impatient investors.

Like knife, how you use it depends on you.

Some people Equity is wonders, others it is a nightmare.

 

[fradela]

sirji FD dusre bank mai shift karni hai..... sath mai acha credit card mil jaye tho achi baat hai na 😀

I have got a lot of premium credit cards those are Life Time Free cards.

No FD. No bank accounts.

 

[nh124001]

9lakh i dont think itne kaam amount ko jayda bhaav dega koi bank!!! except koi bahut gareeb rural branch ho

 

[fradela]

9lakh i dont think itne kaam amount ko jayda bhaav dega koi bank!!! except koi bahut gareeb rural branch ho

Absolutely correct... No bank will give premium cards for mere 9 lakh which is very tiny amount for banks.

 

[thereguser]

congratulations. but always try to keep max 5 lakhs in one bank if they go down. but eey contrasts again