I have a BoB account since 2013 (maybe 2012) and got applied for and got my first card from them in Jan 2014 -- an ELITE card with INR50K limit then. This card became "Easy" in Dec 2018 end. They gave me an increase themselves to INR65K in Nov 2021.
Then as RuPay cards (which I ALWAYS championed, and waited for - since 2012 itself like Urmila waiting for Lakshmana) finally came into circulation from BoB, I asked them to change my card to RuPay. I gave them payslips (in fact BoB receives my salary too!) and asked them to maybe make my card Premier too.
They - told me the max limit increase my limit to INR91K (as per "internal guidelines and my CIBIL blah blah") - and - that I should have at least INR1L limit for going to Premier. They told they could give me the Select thing, but that doesn't come in RuPay.
Now, I realized that salary accounts can get an LTF Premier. I went to branch asking to convert my account, they said they need a letter from employer, but said there's one Credit Card guy who could figure out what can be done about Premier.
Anyway, the card became RuPay this April, and INR91K this May.
He says he can close my Easy and get LTF Premier. I said I don't want to lose my 10 years' credit history, can you "upgrade" - he said then it wouldn't be LTF. I think should be able to sort this all out with an email chain once my returns for this year get processed, and I think 6 months pass after 1 May (October or so). Upgrade will happen anyway, but I do hope the LTF part also gets figured out.
But the point is it's terribly annoying why long-time customers are always disadvantaged.
It's like they're just abusing their advantage given I don't want to lose 10 years' credit history!
I so regret not having gobbled down credit card after credit card since 2015 up to 2023. If I had 3-4 accounts from 2018 or before (all 5+ now) I could have said close the Easy and give me a better deal, no problem.
But it's always a bit of a dilemma whether to nurture your old cards or run after new ones.
Then as RuPay cards (which I ALWAYS championed, and waited for - since 2012 itself like Urmila waiting for Lakshmana) finally came into circulation from BoB, I asked them to change my card to RuPay. I gave them payslips (in fact BoB receives my salary too!) and asked them to maybe make my card Premier too.
They - told me the max limit increase my limit to INR91K (as per "internal guidelines and my CIBIL blah blah") - and - that I should have at least INR1L limit for going to Premier. They told they could give me the Select thing, but that doesn't come in RuPay.
Now, I realized that salary accounts can get an LTF Premier. I went to branch asking to convert my account, they said they need a letter from employer, but said there's one Credit Card guy who could figure out what can be done about Premier.
Anyway, the card became RuPay this April, and INR91K this May.
He says he can close my Easy and get LTF Premier. I said I don't want to lose my 10 years' credit history, can you "upgrade" - he said then it wouldn't be LTF. I think should be able to sort this all out with an email chain once my returns for this year get processed, and I think 6 months pass after 1 May (October or so). Upgrade will happen anyway, but I do hope the LTF part also gets figured out.
But the point is it's terribly annoying why long-time customers are always disadvantaged.
It's like they're just abusing their advantage given I don't want to lose 10 years' credit history!
I so regret not having gobbled down credit card after credit card since 2015 up to 2023. If I had 3-4 accounts from 2018 or before (all 5+ now) I could have said close the Easy and give me a better deal, no problem.
But it's always a bit of a dilemma whether to nurture your old cards or run after new ones.
