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Regalia Gold 80%of card limit
- Thread starter qaiser
- Start date
Of course once you have decent limit, LE frequency will decrease. Cuz they'll also look at your credit to net salary ratio.
But multiple hdfc employees have suggested that it works when limit is less than 5-6 L. Last year I had a offer for tata neu ltf but didn't take it as limit was low. As my existing card(axis) hardly gives LE. I thought HDFC would be same. Later when I told my branch people they said, you should've taken the card. Once you hit 80-90% cl you would get auto LE. Funny thing is couple of them, came from Axis and their CL of hdfc card is 5-6 times higher than axis'.
Have you updated income profile in netbanking?
seems like manual LE is only option. But for that they'll also check ratio of total cl of all cc and net salary.
did you raise this issue in customer care? Raise till pno. Tell them You are planning to buy a car or give down payment for house and want to do it through cc. By spending so much on low rewards card you are losing too much. You have regalia or dcb?
For some people totally dropping spends for few months have worked. If you have decent cards from other issuer you can try iit. May be you are giving consistent business and they are being complacent.
have salary account for last 8 months.
current card HDFC Regalia First and Tata Neu- spends around 8L and 3L respectively in last 7-8 months
not using any hdfc card for last 3 months.
DCB they offered but not Infinia.
Whether it is dcb or dcb metal, take it. With your spend you are losing a lot of rewards with regalia first.
Also with this upgrade, youll most likely get LE. Which will make you eligible for infinnia next year.
Agree i had 2 axis cards with 25k shared limit,
They are in different league can not compare.
Your CIBIL will take a hit. Everything else is hit and miss.
girish3456
TF Premier
It's always good and suggestable not to use more than 30% of card limit, if exceeding that may show impact on your credit score which portraits the customer is relying on credit excessively. But in exceptional we can as there is no hard and fast rule in using the credit limit.
PS: If using the maximum amount from your credit card, better clearing it off before the statement/bill gets generated
My limit in Regalia Gold/Tata Neu Infinity was 300k, I used for 258k last month. In total have spent 800k on Regalia Gold last 11 months and 255k on Tata Neu last 5 months.
This month when I requested LE manually along with DCB upgrade, they rejected upgrade and increased only to 370k
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Still a 20% increase ..
So u have regalia gold . Do you want DCB ? Metal now
March is good time for offers .. now u can stop spending & just wait for offer or mannual email saying u want more limit as this doesn't fullfill your needs
If u have more higher limit card u can show them & ask to match it or else u will move spending to that card .
If u have rm / banking program you can leverage that too .
Sent it to priority redressal email of HDFC
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