Targeting wealth credit card

[Alex292929]

I am currently having 5L idle funds in my HDFC preferred ac, as I got the Regalia Gold. Now I am planning to move these funds to IDFC to get the Wealth CC.
I don’t have any prior relation with IDFC, also I don’t meet the income requirements for wealth cc.
My question is
Can I open a account and get it upgraded to wealth with initial funding of 5L by visiting the nearest branch?
If yes, How many months approximately I will have to wait to get the approval for wealth cc?

 

[CardGame]

Need to maintain 10L for wealth. With 5L u can get first select banking program.

Wealth cc is not at all guaranteed unless you maintain 25L+ that too requires approval and not guaranteed again.

 

[Quantum]

I am currently having 5L idle funds in my HDFC preferred ac, as I got the Regalia Gold. Now I am planning to move these funds to IDFC to get the Wealth CC.
I don’t have any prior relation with IDFC, also I don’t meet the income requirements for wealth cc.
My question is
Can I open a account and get it upgraded to wealth with initial funding of 5L by visiting the nearest branch?
If yes, How many months approximately I will have to wait to get the approval for wealth cc?

If your target is Wealth CC, then you need to know that opening a IDFC Wealth account is NOT the guaranteed way.
One can get an IDFC Wealth CC even without having any relationship with IDFC.

You could go for C2C method. Search this forum for threads where this is already discussed in detail.

 

[CardGame]

Check this and few more threads in idfc cards subsection

Got idfc wealth card without any effort

I recently wanted buy something in flipkart and idfc was one of the offer cards.. I was eyeing for this card but no real interest to apply as i have sbi cb and axis ace.. Due to fk offer thought i will give a try and applied online.. In application, it asked for existing cc i gave my hdfc...

www.technofino.in

 

[Alex292929]

just checked they are offering me IDFC select with 3.6L CL

 

[Quantum]

just checked they are offering me IDFC select with 3.6L CL

Which card did you use for C2C?
What's the card's existing CL?
You should have gotten in touch with @S S V to get more tips before applying.

 

[Alex292929]

HDFC Regalia Gold, 5L, 4 Months old only

@S S V to get more tips before applying.

My bad.

 

[Pankhuri]

just checked they are offering me IDFC select with 3.6L CL

What income you put? They usually don't ask for salary slip, and wealth is triggered sometimes using 36L as income, not sure shot though.

 

[Alex292929]

What income you put?

I mentioned it as 1L

 

[Quantum]

What income you put? They usually don't ask for salary slip, and wealth is triggered sometimes using 36L as income, not sure shot though.

Yup, for Wealth CC their system expects 36L as annual income to be mentioned i.e. 3L per month.
Many folks, while going via C2C route, just put these figures when asked.

 

[Pankhuri]

I mentioned it as 1L

Try with a different phone no and put 3.2L. See if wealth is triggered. It didn't for me in oct but did in december. I used indusind with 4.6L limit for c2c.

 

[Pankhuri]

Yup, for Wealth CC their system expects 36L as annual income to be mentioned i.e. 3L per month.
Many folks, while going via C2C route, just put these figures when asked.

Is not 100% a guarantee. I didn't get wealth when I tried this in oct. But with same figures it did trigger in December.

 

[Alex292929]

Is not 100% a guarantee. I didn't get wealth when I tried this in oct. But with same figures it did trigger in December.

Cibil will get one more hit right?
Also my other no is not linked with Aadhar so it won’t be a problem?

 

[Pankhuri]

Cibil will get one more hit right?

Your new card would compensate for that.

Also my other no is not linked with Aadhar so it won’t be a problem?

Usually doesn't.