• Hey there! Welcome to TFC! View fewer ads on the website just by signing up on TF Community.

Applying soon for Axis/kotak Reserve Card LTF...let's see

Apply For Lifetime Free IDFC First Credit Card
Sort by date Sort by votes
RajBlr said:
Progressing and Tracker is updated with approved, Got a SMS as well, card will be dispatched in 3 working days.

Good going so far with Kotak on this. Still keeping...🤞

View attachment 10870
Click to expand...
Did they upgrade you to Infinia first?
I'm an optima as well, but they didn't give me White Reserve even after getting the RM involded, she said she tried a lot for couple of weeks but it didn't go through.
Just reconsidering after checking your post. I hold a normal White LTF with 12L limit.
What can I do different? I have 50+L RV with them.
 
Upvote 0 Downvote
ankraja said:
Did they upgrade you to Infinia first?
I'm an optima as well, but they didn't give me White Reserve even after getting the RM involded, she said she tried a lot for couple of weeks but it didn't go through.
Just reconsidering after checking your post. I hold a normal White LTF with 12L limit.
What can I do different? I have 50+L RV with them.
Click to expand...
Try mailing nodal officer of kotak
You got a better chance there
 
Upvote 0 Downvote
ankraja said:
Did they upgrade you to Infinia first?
I'm an optima as well, but they didn't give me White Reserve even after getting the RM involded, she said she tried a lot for couple of weeks but it didn't go through.
Just reconsidering after checking your post. I hold a normal White LTF with 12L limit.
What can I do different? I have 50+L RV with them.
Click to expand...
+1
 
Upvote 0 Downvote
To hold Optima account you need to have 10L AMB right? And Kotak gives 3.5pa interest on SB account.

That would be 35k per annum.

Why not keep that 10L in AU or Equitas where you get around 60K per annum interest.

Then you could pay 12,500 + 18% = 14,750 to get the White Reserve

And still save 10k more than the interest from Kotak.

Any other reason to hold HNI accounts in big banks with very less interest? They anyway never have available lockers or anything.
 
Upvote 0 Downvote
MilesMax said:
To hold Optima account you need to have 10L AMB right? And Kotak gives 3.5pa interest on SB account.

That would be 35k per annum.

Why not keep that 10L in AU or Equitas where you get around 60K per annum interest.

Then you could pay 12,500 + 18% = 14,750 to get the White Reserve

And still save 10k more than the interest from Kotak.

Any other reason to hold HNI accounts in big banks with very less interest? They anyway never have available lockers or anything.
Click to expand...
Good calculation @MilesMax

But, there maybe other perks as well apart from the White reserve card. And moreover, some might hold the required TRV/NRV instead of just parking funds in a savings account.
 
Upvote 0 Downvote
Bodhi said:
Good calculation @MilesMax

But, there maybe other perks as well apart from the White reserve card. And moreover, some might hold the required TRV/NRV instead of just parking funds in a savings account.
Click to expand...
Makes sense if it's not liquid funds.

Let's say I have 5L worth of Kotak mutual funds but I purchased through apps like Coin, Groww etc.
Does it still count towards NRV?
 
Upvote 0 Downvote
ankraja said:
Did they upgrade you to Infinia first?
I'm an optima as well, but they didn't give me White Reserve even after getting the RM involded, she said she tried a lot for couple of weeks but it didn't go through.
Just reconsidering after checking your post. I hold a normal White LTF with 12L limit.
What can I do different? I have 50+L RV with them.
Click to expand...
Infinia is a HDFC CC variant :), hope it is a typo.

Yes they had to upgrade to Insignia first(TRV is mandate per my RM) and then only they could get the needed approval to make it as LTF.
 
Upvote 0 Downvote
RajBlr said:
Infinia is a HDFC CC variant :), hope it is a typo.

Yes they had to upgrade to Insignia first(TRV is mandate per my RM) and then only they could get the needed approval to make it as LTF.
Click to expand...
Oops Insignia right, My RM is adamant that she won't be able to upgrade unless TRV is 1cr+. I got the bank branch manager also involded but they eventually were not able to upgrade me. Is there any hope for me? Thanks again!
 
Upvote 0 Downvote
ankraja said:
Oops Insignia right, My RM is adamant that she won't be able to upgrade unless TRV is 1cr+. I got the bank branch manager also involded but they eventually were not able to upgrade me. Is there any hope for me? Thanks again!
Click to expand...
Are they denying you the White reserve card itself or are they not offering it LTF?
 
Upvote 0 Downvote
You must log in or register to reply here.

Similar threads

S
  • Question Question
Axis Reserve Getting an Axis Reserve card in my hands took less than 3 days
Replies
5
Views
1K
typhoon
typhoon
Sagarreddy378
  • Question Question
How to Apply for Kotak White Reserve Card
Replies
3
Views
1K
rjsudeep
rjsudeep
D
  • Question Question
Axis Reserve Card
2
Replies
29
Views
3K
kushhh
kushhh
kkk
  • Question Question
Amex Platinum charge card or Axis reserve card?
Replies
16
Views
4K
pathik92
pathik92
V
  • Solved
Axis Reserve card requirements?
2
Replies
37
Views
4K
Alwàys_Bélîevé_Yøursélf🎯
Alwàys_Bélîevé_Yøursélf🎯
Back
Top