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NRV requirement for Sapphiro LTF
- Thread starter chaks23
- Start date
- Replies 141
- Views 7K
The only kind of investments she has with ICICI is PPF and SSY accounts. I don't know if they are even counted towards NRV or not. But I get my salary in ICICI and we are grouped in the same family wealth account.. Not sure if that helped.
I have a salary account but didn’t have a relationship manager. When I called customer care for assistance, they repeatedly told me to visit my home branch. Since I work from home permanently and prefer not to leave the house for such tasks, I filed a grievance on their website. Within three days, I was assigned a relationship manager, my credit card was upgraded to a Rubyx LTF card, and my salary account was upgraded to a ‘Gold Plus’ Salary account (I don't know what its benefits are yet)
Guys if you have NRV of 50 Lakh or near and deserve a better credit card or services, please demand. Escalate, Escalate AND Escalate!!! It hardly takes 5 minutes.
There is a huge possibility that banks leadership is not even aware about their lazy staff, so you need to demand.
Wealth🫠
I asked them for a credit card they said if you take a personal loan we will give you credit card🥴
But they don’t have a better credit card😂😂😂
I have now shifted almost all my funds to other banks after they were unable to add other accounts to family banking. Keeping the account only for cibil refresh.
If you can keep 50L+ for 2-3 weeks, then move that money back to the account and then ask for CC over mail, citing that your NRV makes you eligible for the card..
if they say that NRV is not enough and tell you to take loan, then follow the steps mentioned before by raising formal compaint towards branch via seniormanagement
As mentioned earlier, Emaralde is worth keeping (only for unlimited spa services at airports) 😛
chaks23
TF Buzz
Hi,
Other super premium cards also offer little in terms of rewards on regular spends. Example HDFC Infinia gives 5 RPs but the value is only 0.2 Rs when converted to cash credit and that is only Re.1 per Rs.150 spent. Even Magnus Card gives 24 points per Rs. 200 spent with a point value of Rs.0.2. The only thing is all these cards give unlimited International Airport Lounge access.
Other super premium cards also offer little in terms of rewards on regular spends. Example HDFC Infinia gives 5 RPs but the value is only 0.2 Rs when converted to cash credit and that is only Re.1 per Rs.150 spent. Even Magnus Card gives 24 points per Rs. 200 spent with a point value of Rs.0.2. The only thing is all these cards give unlimited International Airport Lounge access.
When talking about rewards consider everything that the points can be used for.
Infinia has a reward rate of upto 3.3% when using points meticulously
Magnus is the most rewarding card right now in India
Apart from reward rate they give high value benefits against fees paid.
Smartbuy give 5X reward points on various places for Magnus it can be even higher
There is no point in comparing these cards with icici cards. It would be like comparing Nokia 3310 to iPhone 14 Pro Max
chaks23
TF Buzz
Yes, agreed. The Magnus Card reward rates go upto 6℅ when spends cross 1 lakh in a month. It also gives Tatacliq / Economy Ticket for the Annual Fees paid and we only lose the GST part. So we effectively pay only Rs 1800 per year for a Super Premium Card which is way better than Emeralde/Infinia.
chaks23
TF Buzz
The one most important thing is that all Credit Cards entice us to spend more and get into a debt trap. To earn the points we need to first spend using that card. Once we make a big spend we inevitably convert them into EMIs and give their company a lot in terms of interest, processing charges, GST etc. We need a steely resolve not to overspend and use credit wisely.
Last edited:
No. We don't get.
We got DreamFolks card, but nothing else till now (the card was received just 3-4 days back though)
steiner03
TF Select
Does Loans, come under NRV?
What's the NRV required for Emerald LTF?
No loans are not considered as NRV
steiner03
TF Select
Even if there's collateral against the loan?
And what's the NRV for Emerald LTF?
2 Cr for emeralde LTF
Hello All
Just wanted to make you guys aware of ICICI Bank's Alumni Program under which they are offering LTF Sapphiro for alums of Premier MBA Colleges and IITs
I already had a Rubyx card and Amazon card with them with a limit of Rs. 6.5L which I had got from holding a Titanium Salary account. But recently I got their Sapphiro Card LTF under the same program as I'm an Alum from IIML.
I'll share some of the links here, you can apply directly and get a call back from them:
https://campaigns.icicibank.com/credit-card/sapphiroCreditCard/index.html?instituteCode=inst0003 - IIMA
https://campaigns.icicibank.com/credit-card/sapphiroCreditCard/index.html?instituteCode=inst0004 - IIMB
https://campaigns.icicibank.com/credit-card/sapphiroCreditCard/index.html?instituteCode=inst0005 - IIMC
https://campaigns.icicibank.com/credit-card/sapphiroCreditCard/index.html?instituteCode=inst0006 - IIMI
https://campaigns.icicibank.com/credit-card/sapphiroCreditCard/index.html?instituteCode=inst0008 - IIML
https://campaigns.icicibank.com/credit-card/sapphiroCreditCard/index.html?instituteCode=inst0009 - FMS Delhi
You can change the last 2 digit at the end of the link and to find your college ( Eg; =inst008, =inst009, etc) or you can just register in one link and state your college to the executive and they will process accordingly.
No Salary Slip required.
Thanks
Just wanted to make you guys aware of ICICI Bank's Alumni Program under which they are offering LTF Sapphiro for alums of Premier MBA Colleges and IITs
I already had a Rubyx card and Amazon card with them with a limit of Rs. 6.5L which I had got from holding a Titanium Salary account. But recently I got their Sapphiro Card LTF under the same program as I'm an Alum from IIML.
I'll share some of the links here, you can apply directly and get a call back from them:
https://campaigns.icicibank.com/credit-card/sapphiroCreditCard/index.html?instituteCode=inst0003 - IIMA
https://campaigns.icicibank.com/credit-card/sapphiroCreditCard/index.html?instituteCode=inst0004 - IIMB
https://campaigns.icicibank.com/credit-card/sapphiroCreditCard/index.html?instituteCode=inst0005 - IIMC
https://campaigns.icicibank.com/credit-card/sapphiroCreditCard/index.html?instituteCode=inst0006 - IIMI
https://campaigns.icicibank.com/credit-card/sapphiroCreditCard/index.html?instituteCode=inst0008 - IIML
https://campaigns.icicibank.com/credit-card/sapphiroCreditCard/index.html?instituteCode=inst0009 - FMS Delhi
You can change the last 2 digit at the end of the link and to find your college ( Eg; =inst008, =inst009, etc) or you can just register in one link and state your college to the executive and they will process accordingly.
No Salary Slip required.
Thanks
This information required a dedicated thread. I'm creating one on behalf of you.
What documents, you have submitted bro?
