Regret after closing Credit Card - Share your experience

[RockyBond]

We all post how to get credit cards here . But sometimes we close existing credit cards and then regret later thinking it was a big mistake.

Let's share our experiences so we can learn from them.

My regret - Closing One Card as it was FD based. After using for an year closed it but then one card never gave me a card . Really regret as I will miss one card offers and probably never get it again.

 

[SSV]

Beware of HDFC.... They are very sticky and will extend this deadline to 31st August

This ONE TIME I really really want HDFC to keep their words... and honor it and not to extend this crappy Moneyback CC offer beyond today and move on to the next tier... This time I really love HDFC not to give me this card...

 

[jack333]

Bhai Yeh deta jayega jab tak tum finally le nahi loge. 🤣 Hdfc is the real desperado 🤣

 

[SSV]

Bhai Yeh deta jayega jab tak tum finally le nahi loge. 🤣 Hdfc is the real desperado 🤣

I have a plan, strategy and mission, I stick to it... I give HDFC about 18 months(max 24 months) time, meanwhile I will be aggressively implementing my strategy and give my best shot at it to get a reasonably premium card with around 4 to 5 lakh CL.. If it doesn't work I will let it go...no regrests I will re assess , make a choice then and move on... will keep sharing the events.. The very important point here is I have to wait very patiently to get my FIRST card... and HDFC only cares until we get on to their books... Once committed they won't care... Until I commit they will be after me.. I will make sure they will be after me with my business... Lets see how it pans out....

 

[MangoRush]

Had closed my SCB CC almost 7 years ago, tried many times couldn't get one now. Not missing it though.

 

[SSV]

Bhai Yeh deta jayega jab tak tum finally le nahi loge. 🤣 Hdfc is the real desperado 🤣

Its all about understanding the patterns and algorithms and beating the algorithms...
Not one size fits all and that won't work in this complex and dynamic world...
It all about horses for courses...

 

[AritraSaha]

Its all about understanding the patterns and algorithms and beating the algorithms...
Not one size fits all and that won't work in this complex and dynamic world...
It all about horses for courses...

Bro's brain-

 

[SSV]

Had closed my SCB CC almost 7 years ago, tried many times couldn't get one now. Not missing it though.

Bit self confusing statement.
You closed the card 7 years ago for whatever reason..
Keep trying for it many times without success( this shows you want to have it for whatever purpose)
and feeling not missing and keep trying ,, may not go hand in hand... Anyway. you don't mind for not having it and will try for it just to see how you feel after having it....

 

[chasni]

Planning to close DCB and salary account tomorrow. Tired of rejection for upgrade and LE. Never been rejected these many times in my other aspects of life.

 

[jack333]

Planning to close DCB and salary account tomorrow. Tired of rejection for upgrade and LE. Never been rejected these many times in my other aspects of life.

Just see the magic when you ask for closure form. My advice approach only the BM and no one else

 

[SSV]

Planning to close DCB and salary account tomorrow. Tired of rejection for upgrade and LE. Never been rejected these many times in my other aspects of life.

It seems HDFC is a tough nut to crack....Lets see how I go..

 

[SSV]

Just see the magic when you ask for closure form. My advice approach only the BM and no one else

Seems like a nice plan... @chasni , worth a try I think

 

[chasni]

Just see the magic when you ask for closure form. My advice approach only the BM and no one else

I have given up. I don't even have a RM. I am not sure whether BM would entertain me as my account is in the main branch. Btw how do I approach BM directly for closure?

 

[jack333]

I have given up. I don't even have a RM. I am not sure whether BM would entertain me as my account is in the main branch. Btw how do I approach BM directly for closure?

Just go to him and ask for closure form. Tell him you are not satisfied with the services and are going to move your salary account to axis

 

[SpiesCan'tCatchMe]

Just go to him and ask for closure form. Tell him you are not satisfied with the services and are going to move your salary account to axis

Also tell him how you were planning to take a home loan or some lucrative investment of say 2 crores but nevermind I'll go to axis now 😪

 

[tryabp]

Yah, closed Axis Myzone Card as already having total 3 cards and RM said to close old card so that i will be eligible for Magnus!

I got exited and closed My Zone... (next week)

1. Magnus devalued!
2. Axis Allowed 4 Cards!

Total Regrets for few minutes!

 

[kochiro]

Closed Flipkart with more than 4 lac spends already. I was trying to lower the annual reversal amount.

 

[rogerthat]

I have closed two cards, both of AXIS
1. Axis Flipkart. - Got it when it was FYF. Spent around 1.3L and didn't wanted to pay renewal. Closed it. Retention team didn't offer LTF
2. Axis IOCL - Got it LTF. Welcome benefits promised weren't delivered (even after 3 months followup). Points were delayed. Closed it. Retention team didn't had anything to offer , except apology

Don't regret closing any.

Planning to close PNB soon, and may be some other LTF cards which haven't been used for over a year (I got them for bank specific offer).

You are lucky. Axis usually doesn't even offer that. (apology).

 

[chasni]

Just go to him and ask for closure form. Tell him you are not satisfied with the services and are going to move your salary account to axis

Update: Went to BM and asked for closure. Was redirected to a RM who upgraded me to preferred right away. He said that my card spending is low (this is true) but he can get me upgraded to infinia with FYF throufh approvals but I need to give him some business. I need to open a new account with him for a family member. I can withdraw the balance once my card is upgraded to Infinia.

 

[jack333]

Update: Went to BM and asked for closure. Was redirected to a RM who upgraded me to preferred right away. He said that my card spending is low (this is true) but he can get me upgraded to infinia with FYF throufh approvals but I need to give him some business. I need to open a new account with him for a family member. I can withdraw the balance once my card is upgraded to Infinia.

Dekha bhai magic 🤣

 

[cardio_guy]

I had an axis Indian oil rupay credit card with limit 1.8L. I closed it within a week of getting it. Used the 250 rs fuel cashback offer. When I called cc to close it first time, they gave me 2500 edge reward points. 2nd time they gave me 2000 points. I redeemed all that for a bata voucher and bought a shoes. Third time I called asked them to close it permanently. They tried to lure me with more offers but I declined. Now I regret because If I had kept it and used it, I would have used it to get higher variant axis card later. Now I need to restart the whole journey from zero.