HDFC Credit Cards Need help with hdfc card closures suggestion

[avinasht]

I have an HDFC Millennia card with an annual fee, which I’ve been using for the last 2 years. Recently, I got the Swiggy LTF card. I requested to convert Millennia to LTF but it was rejected. Now I’m thinking of closing it and applying for the HDFC UPI RuPay card. Do you guys see any downside to this?

 

[praful1947]

I have an HDFC Millennia card with an annual fee, which I’ve been using for the last 2 years. Recently, I got the Swiggy LTF card. I requested to convert Millennia to LTF but it was rejected. Now I’m thinking of closing it and applying for the HDFC UPI RuPay card. Do you guys see any downside to this?

It depends on your usage .

 

[HumorSimpson]

Doesn't hdfc millenia cc give rewards equivalent to renewal fee ? i.e., ~1K RPs and it should cost you only the gst ~180rs ?

 

[_na_cheese]

Swiggy and Millennia are very much alike.

It's just that Swiggy is not a core card.

If you can't spend enough to get a fee waiver on Millennia, you can close it. There's no point in paying fees when you get similar benefits on an LTF card.

 

[TripleAce]

I have an HDFC Millennia card with an annual fee, which I’ve been using for the last 2 years. Recently, I got the Swiggy LTF card. I requested to convert Millennia to LTF but it was rejected. Now I’m thinking of closing it and applying for the HDFC UPI RuPay card. Do you guys see any downside to this?

@avinasht - Are you related to @HumorSimpson ?

 

[_na_cheese]

I've Millennia ltf. I wouldn't take swiggy only and unless they give it to me LTF.

 

[_na_cheese]

Also, do remember that with Swiggy being a non-core card, you'll be treated differently in bank offers, like getting lesser instant discounts in instant discount offers.

And

with Millennia, you'll have to redeem RPs manually with a loss of 50+GST in the form of redemption fees.

 

[praful1947]

Also, do remember that with Swiggy being a non-core card, you'll be treated differently in bank offers, like getting lesser instant discounts in instant discount offers.

And

with Millennia, you'll have to redeem RPs manually with a loss of 50+GST in the form of redemption fees.

Redemption fee is 99+gst na ?

 

[_na_cheese]

Redemption fee is 99+gst na ?

50+9 to be exact.
On millenia

 

[Donald J. Trump]

Redemption fee is 99+gst na ?

50+GST hai bhai

 

[drvirag]

I will never do that. U will close chances of all future upgrade

I have an HDFC Millennia card with an annual fee, which I’ve been using for the last 2 years. Recently, I got the Swiggy LTF card. I requested to convert Millennia to LTF but it was rejected. Now I’m thinking of closing it and applying for the HDFC UPI RuPay card. Do you guys see any downside to this?

 

[praful1947]

50+GST hai bhai

@HumorSimpson ye 99+ bolre

 

[Donald J. Trump]

I have an HDFC Millennia card with an annual fee, which I’ve been using for the last 2 years. Recently, I got the Swiggy LTF card. I requested to convert Millennia to LTF but it was rejected. Now I’m thinking of closing it and applying for the HDFC UPI RuPay card. Do you guys see any downside to this?

You are thinking short term IMO. You are closing a core HDFC CC and it's very difficult to get a core HDFC CC later on when you already have a co-branded card. Co-branded cards get devalued statistically quite often in comparison to Core cards, plus you would close your doors to eventual climbing up the ladders to Infinnia or DCB etc etc.

Sure 1,180 is quite overwhelming, but try to make every household payment using your millennia cc first, then your fee would be waived off. Also Millennia is launched in Rupay variant now, you can convert it to Rupay and get the purpose of UPI fulfilled and increase you transaction volume on it. Even if you don't use your swiggy ltf, it isn't going to affect you much because millennia and swiggy are more or less same.

I admit cashback is directly reversed in statement in swiggy card & in millennia you have to redeem cashpoints by at least having 500 in the first place and a 59 fee. But look at the bigger picture and then decide. Also, you won't always get all the cards for ltf, even I don't have millennia ltf, using it for past 4+ years, that doesn't make the card bad. Someday if the card is devalued and the benefits are not the same, then you may close it, but as of today, even as a paid card, Millennia is an amazing CC and you can recover your fees if you use it wisely.

 

[Donald J. Trump]

@HumorSimpson ye 99+ bolre

 

[Rcbian]

You can get it ltf
Keep perusing
Raise it to grievance redressal
But if you don't have any plans to get other core hdfc in future you can close millennia

 

[HumorSimpson]

@HumorSimpson ye 99+ bolre

ignore it. I can't recollect as I redeem hardly twice an year as my spends are mostly on SBI CB

 

[avinasht]

It depends on your usage .

I mostly use my Millennia card for everything (Amazon, D-Mart, Zomato) to reach the annual target, but I’m still short by 20k to 30k. Now that I have the Swiggy card with the same cashback, I might switch.

 

[Donald J. Trump]

I mostly use my Millennia card for everything (Amazon, D-Mart, Zomato) to reach the annual target, but I’m still short by 20k to 30k. Now that I have the Swiggy card with the same cashback, I might switch.

You convert your millennia to rupay and use to pay at Small Merchants maybe & you even get 1% at those UPI merchant transactions. There's still a possibility that you can reduce the Gap.

But anyways, the final call is yours

 

[avinasht]

@avinasht - Are you related to @HumorSimpson[/
[/QUOTE]

You can get it ltf
Keep perusing
Raise it to grievance redressal
But if you don't have any plans to get other core hdfc in future you can close millennia

How frequently can we pursue it? I even reached out to the nodal officer, but he said they will not respond anymore.

 

[Kushagra_]

If a rupay is what you want wait for Bharat variant of infinia