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Applying for Infinia card tomorrow - Strategy, tips?

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Sobirvs

Sobirvs

TF Premier
So this is for my brother. He is dumb with credit cards BUT he uses his HDFC Card alot.

He has HDFC LTF regalia gold currently with 8.5L limit. He files ITR only for 5-6L. All business ITR/sole prop is under mother hence the spend on his card. He basically executes the business and draws small salary for papers only.

He even told me last month that he got a call in around 3rd quarter from HDFC for infinia upgrade, and upon told the fees, he denied the card. He might be wrong about this btw as he is a damn very busy person as he handles a business so may be they called for some other card, idk but he told me it was infinia. He showed me his netbanking today but in offers, there was no infinia just some 2 wheeler/personal/auto loan preapproved offers max worth 20L.

Now let's talk about his credit card HDFC. He spends alot. In last 2-3 years he has spent easily umm, 30L+ lots of emi's, retail trxns, fuel etc and always paid his dues. He has auto debit on hdfc so never defaulted. He has HDFC card from prolly 10-15 yrs.

His spends (I am guessing we calculate this via total due only right?

Last 6 months : 4.87L
Last 1 yr : 5.13L+4.87L = 9.996L
My guess is, Last 10 years : 1cr+ easily. (1cr + prolly even in last 5 yrs). even if I am wrong His card he has easily used for 2cr+ even more since he has the card.

His spends are mix. I understand he doesn't fulfill salary criteria and spends criteria but only fulfills Credit limit criteria. But he usage is very mix, no gift voucher nothing. Basically emi's, airport, bills telecom etc. retail brand purchases like adidas etc. Big spends are just emi's.

but is asking HDFC any harm? Should I try? via RM route or email (please list the emails where I should try, I will be handling this as I have access to his email). He knows a guy in HDFC(not his RM), even knows a BM too.

If email route for example turns down, should he try via RM instantly or wait for few months? (same question if RM turns down, should i he try email route or wait for few months?)

He has 3-4 relatives too at HDFC, very very close relatives as employees.

one more question, his regalia gold has 30k pts around, if infinia is accepted, will his pts transfer as 1rp = 1rs? as afaik his current regalia gold pts of 30k is 30/5 = 6k rs as how it shows on his hdfc reward website.
 
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SreeU said:
What! 😲 You have been using Money back for 15 years without any upgrade. May I know the CL of your CC. I too have 1 year-old MB+ with no CL or upgrade.
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CL is 2.5L I don't use the card that much, last used it in Jan 2024 I guess for buying someone an android phone.

Hdfc is saying to first use it and then we'll upgrade it eventually.

Thinking to get Corporate CC for better CL based upon my income (have heard Corporate CC have a different limit) and converting my account to salary for pre approved offers
 
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shu_sha said:
CL is 2.5L I don't use the card that much, last used it in Jan 2024 I guess for buying someone an android phone.

Hdfc is saying to first use it and then we'll upgrade it eventually.

Thinking to get Corporate CC for better CL based upon my income (have heard Corporate CC have a different limit) and converting my account to salary for pre approved offers
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Yes, recently one of my relatives opened a salary account(not corporate) & within six months he was pre-approved for Millennia FYF. HDFC may be more favourable to their account holders & I don't have any relationship with them. I am also planning to open some account with HDFC.
 
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Sobirvs said:
Talked to RM finally, she said the she is out of offc now, but will call tomorrow and let me know for infinia. She said 10L spends in last 6 months, 8L limit for salaried and 30L spends in last 6 months and 8L limit for self employed, LOL seriously?
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Spend approximately ₹10L within the last 6 months and observe the impact. The issue is that your spending over the past decade does not hold significant weight, as rightly mentioned by @shu_sha. There is a 90% likelihood that your upgrade request may be rejected based on your ITR, however, there is no harm in attempting.
 
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Anindya98 said:
There is a 90% likelihood that your upgrade request may be rejected based on your ITR
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I am not applying via ITR. So idk how that matters.

and spending is tbh no issue. If I tell me brother to spend 5L right now, he will do it before 12 midnight even though right now it is 10:20pm. He has his own 4-5 POS machines lol. Thing is, is that a guarantee though that he will get infima after the spend? I have heard some even wait few more months before trying again and waiting few months mean losing out 1-2 more months of spends of last 6 months.

Btw got to know brother's regalia gold isn't LTF, it was FYF and bank has already charged 2500 rs fee this month which will probably waived off coz last 1 yr spend is 2x more than required i.e 4L. Btw is the waiver automatic or do we need to call CS?
 
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Sobirvs said:
I am not applying via ITR. So idk how that matters.

and spending is tbh no issue. If I tell me brother to spend 5L right now, he will do it before 12 midnight even though right now it is 10:20pm. He has his own 4-5 POS machines lol. Thing is, is that a guarantee though that he will get infima after the spend? I have heard some even wait few more months before trying again and waiting few months mean losing out 1-2 more months of spends of last 6 months.

Btw got to know brother's regalia gold isn't LTF, it was FYF and bank has already charged 2500 rs fee this month which will probably waived off coz last 1 yr spend is 2x more than required i.e 4L. Btw is the waiver automatic or do we need to call CS?
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Bro last year spend for card anniversary i told you already.

It's automatic if spends meet, but i think you have to call
 
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Sobirvs said:
I am not applying via ITR. So idk how that matters.

and spending is tbh no issue. If I tell me brother to spend 5L right now, he will do it before 12 midnight even though right now it is 10:20pm. He has his own 4-5 POS machines lol. Thing is, is that a guarantee though that he will get infima after the spend? I have heard some even wait few more months before trying again and waiting few months mean losing out 1-2 more months of spends of last 6 months.

Btw got to know brother's regalia gold isn't LTF, it was FYF and bank has already charged 2500 rs fee this month which will probably waived off coz last 1 yr spend is 2x more than required i.e 4L. Btw is the waiver automatic or do we need to call CS?
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And I would suggest do a transaction of 3-4 lakhs for this month statement and again 4-5 lakhs next statement cycle and try in March directly with spends of 10 Lakhs in last six months.
 
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Sobirvs said:
I am not applying via ITR. So idk how that matters.
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HDFC is most likely to request your ITR, as they have already assessed your profile and rejected your request through the grievance process. This indicates that your spending pattern and banking relationship do not meet their qualification criteria.
So, spend more and try the same thing after 1 month.
 
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Sobirvs said:
. His spends aren't really self-employed/business types. His spends on the card are actually personal. He prefers to use IMPS/UPI/RTGS more (you can figure how irriatingly dumb my brother is) for big spends to a business. His spends are like telecom bills, emi's for big purchases, shoes (7k-15k/pair), shirts/jeans/jackets, my brother is typically materialistic. His spends are also international as he get's tons of business foreign trips.
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If most spends are of personal nature, ask him to keep it in check. If you have good explanation for itd ,then there shouldn't be much problem.

E.g. if he says out of convenience total expenses of the family is under his pan and everyone money's gets pooled in for payment.

Problem is once ITd gets suspicious they'll ask for bank & cc statement. It is easier to explain business transactions than recurring personal ones. Itd only cares that they get proper taxes, they don't care who is paying, whether it is your brother or parents or you.
 
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