Should I close current HDFC cc to get better LTF cc?

[Harjeevansingh]

Hey everyone,

I currently own multiple HDFC cc as mentioned below with combined limit of 2.5L -
Millennia LTF
Swiggy FTF (with next years fee waiver limit achieved)
Neu Infinity FTF (with next years fee waiver limit achieved)

I have these cards issued 2-3 years back when I had lesser salary, at that time I got millennia LTF.
Now, i have better salary 32L+ and I read somewhere(plus suggested by an agent) if I close all my HDFC cc now, then after few months I will be able to get c2c LTF cc from HDFC which can be regalia, diner privilege, or may be DCB (i dont think so, but agent assured).

Need suggestions that should I go ahead with above approach because ultimate aim is Infinia and for that 10L limit is needed which I am not able to get on above cards, i have tried multiple times. Want to make sure, above closing all HDFC cc wont have any negative impact on my relation with HDFC for future cc, loan or cibil.

Till that time I have other good cards which I am using primary which are Axis Select LTF(6L limit) , AU Zenith LTF (8L limit). So, it wont affect me much except for swiggy and big basket benefits.

TIA

 

[metal_heart]

if I close all my HDFC cc now, then after few months I will be able to get c2c LTF cc from HDFC

This wont happen automatically ( I believe). I closed all my HDFC CC (year back), but haven't seen any pre-approved or targeted offer for any HDFC CC.
I had regalia & TATA Neu, both as LTF with over 10L as limit.


Based on forum insight, I would recommend keep the card and ask for limit enhancement & then seek upgrade.

 

[vine]

Reach out to your corporate HDFC agent, as corporate agents can get better waivers based on corporate relations.
Also send email to grievance redressal with your latest payslips and ask for credit limit increase first, if successful with a good CL, then after a month or two, send email to the same grievance and ask for CC upgrade.
Threaten to close if you have to, but don't don't close.
IMO, after you get limit increase, and with your salary and if you can show appropriate spends for 6 months, you can get upgraded to DCB or Infinia.
IMO, you won't have to go to last resort to close all cards and apply as NTB.

 

[PayKaroAbhi]

I had closed my Moneyback + & Tata Neu+ with combined 50K limit only in January this year and in applied for Millennia via bank's card guy in April and eventually the application was changed to Moneyback Plus instead of Millennia and got rejected too. I'm maintaining decent amount from February and don't see any pre-approved card offer till now. Is there any chance of getting pre-approved offer again or should I apply for swiggy card on my own? If yes then when should I apply again?

 

[Syed Adil Abbas]

i am also in the same boat
18months over having LEGENDARY LTF Millenia CC with no LE till now

I am closing the card in this month and wait in future definitely hdfc agents or bank give Pre approve offer if we maintain good relationship with them as my account is IMPERIA Account

 

[PayKaroAbhi]

i am also in the same boat
18months over having LEGENDARY LTF Millenia CC with no LE till now

I am closing the card in this month and wait in future definitely hdfc agents or bank give Pre approve offer if we maintain good relationship with them as my account is IMPERIA Account

Bro you already have one of the best card as LTF, I'd suggest you to try manual LE first

 

[Ram1]

i am also in the same boat
18months over having LEGENDARY LTF Millenia CC with no LE till now

I am closing the card in this month and wait in future definitely hdfc agents or bank give Pre approve offer if we maintain good relationship with them as my account is IMPERIA Account

That would be a big mistake. They always offer cheap cards and limits in preapproved offers no matter what the account variant.
Unless u r eligible with salary for premium account, don't close ur present card

 

[Syed Adil Abbas]

my Limits

HDFC 1.01L
ICICI 4.6L
IDFC 2.15L
KOTAK 2L
AXIS 97K
AU BANK 4.6L

 

[Syed Adil Abbas]

Bro you already have one of the best card as LTF, I'd suggest you to try manual LE first

i have email them they told within 16 Nov 2024 they will revert back

 

[PayKaroAbhi]

i have email them they told within 16 Nov 2024 they will revert back

Then wait for it

 

[hedgehog2122]

I used money back for almost 6 yrs to get it upgraded to normal Regalia and then 1 more year to RG.

If you have patience keep spending and wait.

 

[Syed Adil Abbas]

i got Reply From HDFC

We note that you wish to enhance the credit limit assigned on your card account, in order to review card upgrade. On receipt of your e-mail, we have taken up the matter for a detailed review and would like to confirm that we are willing to review an additional credit limit of Rs.14,000.00 from your existing credit limit assigned in your credit card account. We wish to inform that enhancement of limit will be subject to validation of your credit bureaus (CIBIL) and other bank internal verifications. Hence, we request your positive concurrence along with the consent on the appended points from your registered e-mail address on or before November 20, 2024 to enable us to assist you further.

 

[Ram1]

i got Reply From HDFC

We note that you wish to enhance the credit limit assigned on your card account, in order to review card upgrade. On receipt of your e-mail, we have taken up the matter for a detailed review and would like to confirm that we are willing to review an additional credit limit of Rs.14,000.00 from your existing credit limit assigned in your credit card account. We wish to inform that enhancement of limit will be subject to validation of your credit bureaus (CIBIL) and other bank internal verifications. Hence, we request your positive concurrence along with the consent on the appended points from your registered e-mail address on or before November 20, 2024 to enable us to assist you further.

Whats ur current limit? Better to wait for auto LE than 14000 manual LE

 

[cardio_guycardio_guy is verified member.]

HDFC is one card issuer that has some of the best cards in India. But unfortunately they are not the best card issuers.
They are infamous for a lot of strict things like

• giving small credit limits
• no limit increase even after years of good spending
• send signed forms and docs to Chennai for every small thing
• no upgrades even after years of relationship
• no LTF conversions even having a good relation
• very stringent verification process.

But still people flock for their cards only because

• the benefits are nice,
• card management is good,
• no need to run behind them for getting proper cashbacks and points on time,
• they have some of the best cards in india,
• very less devaluations compared to other banks,
• overall they have a strong card ecosystem.

 

[Syed Adil Abbas]

Current LIMIT 101000

 

[Ram1]

Current LIMIT 101000

Better to wait for auto LE, 14k is not even 20%. It doesn't make much difference

 

[Ram1]

HDFC is one card issuer that has some of the best cards in India. But unfortunately they are not the best card issuers.
They are infamous for a lot of strict things like

• giving small credit limits
• no limit increase even after years of good spending
• send signed forms and docs to Chennai for every small thing
• no upgrades even after years of relationship
• no LTF conversions even having a good relation
• very stringent verification process.

But still people flock for their cards only because

• the benefits are nice,
• card management is good,
• no need to run behind them for getting proper cashbacks and points on time,
• they have some of the best cards in india,
• very less devaluations compared to other banks,
• overall they have a strong card ecosystem.

Yeah after covid, they are worse

 

[Beyond]

Hey everyone,

I currently own multiple HDFC cc as mentioned below with combined limit of 2.5L -
Millennia LTF
Swiggy FTF (with next years fee waiver limit achieved)
Neu Infinity FTF (with next years fee waiver limit achieved)

I have these cards issued 2-3 years back when I had lesser salary, at that time I got millennia LTF.
Now, i have better salary 32L+ and I read somewhere(plus suggested by an agent) if I close all my HDFC cc now, then after few months I will be able to get c2c LTF cc from HDFC which can be regalia, diner privilege, or may be DCB (i dont think so, but agent assured).

Need suggestions that should I go ahead with above approach because ultimate aim is Infinia and for that 10L limit is needed which I am not able to get on above cards, i have tried multiple times. Want to make sure, above closing all HDFC cc wont have any negative impact on my relation with HDFC for future cc, loan or cibil.

Till that time I have other good cards which I am using primary which are Axis Select LTF(6L limit) , AU Zenith LTF (8L limit). So, it wont affect me much except for swiggy and big basket benefits.

TIA

Puns aside: Nobody can really say for sure.
1 member was waiting for DCP/DCB, got Regalia Gold pre-approved and ignored that offer
Now only getting offer for Moneyback+ 🙂
HDFC is a mess

 

[Syed Adil Abbas]

i have on more doubt

can we convert any transaction of 2.5K made by HDFC CC to emi are should be there any offer to convert , bcz once HDFC customer care told me that emi offer should be their in your card then only you can convert they told, and i should call them ask for emi offer then only i can make emi

but my other bank card like AXIS , ICICI they people tell no condition you can convert any transaction of 1.5K / 2.5K all the 365 days i can convert

why HDFC CC Like this any.???

 

[Ram1]

i have on more doubt

can we convert any transaction of 2.5K made by HDFC CC to emi are should be there any offer to convert , bcz once HDFC customer care told me that emi offer should be their in your card then only you can convert they told, and i should call them ask for emi offer then only i can make emi

but my other bank card like AXIS , ICICI they people tell no condition you can convert any transaction of 1.5K / 2.5K all the 365 days i can convert

why HDFC CC Like this any.???

Any reason why you converting that way? It attracts lot of interest