Axis Magnus with Burgundy or HDFC Infinia Secured

[starstruck]

Hi All,

I have been offered a quote of 11 lakhs FD for secured HDFC Infinia. I already have Magnus and want to upgrade to Burgundy too with 10 lakhs balance in SA. I can only select one among them at this time. I will be able to gather another 10L only after 4-5 months. Pls recommend on what to take and share your opinions.

Background Info:

In Axis, I currently have Magnus (paid) and Vistara Infinite (paid) with shared limit of 4L. I am planning to take Atlas (paid) too as it is coming pre-approved. I will receive 25k ER for August month milestone achievement.

In HDFC, I have DCP (LTF), Tata Neu Plus (LTF) and HDFC Swiggy (paid) with shared limit of 1L.

Thanks in advance.

 

[Deleted member 19066]

Hi All,

I have been offered a quote of 11 lakhs FD for secured HDFC Infinia. I already have Magnus and want to upgrade to Burgundy too with 10 lakhs balance in SA. I can only select one among them at this time. I will be able to gather another 10L only after 4-5 months. Pls recommend on what to take and share your opinions.

Background Info:

In Axis, I currently have Magnus (paid) and Vistara Infinite (paid) with shared limit of 4L. I am planning to take Atlas (paid) too as it is coming pre-approved. I will receive 25k ER for August month milestone achievement.

In HDFC, I have DCP (LTF), Tata Neu Plus (LTF) and HDFC Swiggy (paid) with shared limit of 1L.

Thanks in advance.

1L is very low limit......10l in s..a is totally waste...... take guience from legends

 

[Deleted member 19066]

CARD K PICHE MAT BHAGO.........aisa relationship rakho ki bank aapke piche bhaage......LTF is always possible with high nrv....... 😀 😀 😀

 

[CARDBITRAGE]

Hi All,

I have been offered a quote of 11 lakhs FD for secured HDFC Infinia. I already have Magnus and want to upgrade to Burgundy too with 10 lakhs balance in SA. I can only select one among them at this time. I will be able to gather another 10L only after 4-5 months. Pls recommend on what to take and share your opinions.

Background Info:

In Axis, I currently have Magnus (paid) and Vistara Infinite (paid) with shared limit of 4L. I am planning to take Atlas (paid) too as it is coming pre-approved. I will receive 25k ER for August month milestone achievement.

In HDFC, I have DCP (LTF), Tata Neu Plus (LTF) and HDFC Swiggy (paid) with shared limit of 1L.

Thanks in advance.

Wait for the Magnus+Burgandy benefit to go live. Join the Bandwagon till they eventually kill the benefits. After this, secured Infinia is a good option.

 

[vaibhav111vaibhav111 is verified member.]

Hi All,

I have been offered a quote of 11 lakhs FD for secured HDFC Infinia. I already have Magnus and want to upgrade to Burgundy too with 10 lakhs balance in SA. I can only select one among them at this time. I will be able to gather another 10L only after 4-5 months. Pls recommend on what to take and share your opinions.

Background Info:

In Axis, I currently have Magnus (paid) and Vistara Infinite (paid) with shared limit of 4L. I am planning to take Atlas (paid) too as it is coming pre-approved. I will receive 25k ER for August month milestone achievement.

In HDFC, I have DCP (LTF), Tata Neu Plus (LTF) and HDFC Swiggy (paid) with shared limit of 1L.

Thanks in advance.

wait for few more days or this month so burgundy + magnus thing is cleared up and then decide.

 

[gamersgzb]

Also i will suggest to collect 10+10 lakh and then discuss with HDFC Bank for LTF infinia...

 

[starstruck]

1L is very low limit......10l in s..a is totally waste...... take guience from legends

I restarted with HDFC card in Jan only this year with HDFC as a preapproved offer. I had closed my card in 2022 as I had Moneyback which was kinda useless. I have sent my salary slips to the Chennai office by mail for enhancing my limit as the limit is less than my salary. Lets see what happens there.

I am not worried about keeping 10L in savings account as I will definitely be able to get more value out of Magnus than keeping the money in FD.

This thread is created to take guidance and opinions from people.

 

[Harry1]

Also i will suggest to collect 10+10 lakh and then discuss with HDFC Bank for LTF infinia...

I am keeping more than that, still everyone is denying for LTF Infinia 😅.

 

[starstruck]

CARD K PICHE MAT BHAGO.........aisa relationship rakho ki bank aapke piche bhaage......LTF is always possible with high nrv....... 😀 😀 😀

Waise toh yeh pura community credit card ke peeche bhagne ke liye hi banaya gaya hai. Relationship banks ke saath dheere dheere ban hi jaega.

I am ok with having a paid card too as long I can derive more benefit than whatever fees I am paying for the card.

 

[starstruck]

Wait for the Magnus+Burgandy benefit to go live. Join the Bandwagon till they eventually kill the benefits. After this, secured Infinia is a good option.

wait for few more days or this month so burgundy + magnus thing is cleared up and then decide.

This looks like the thing to do for at least next 2 weeks.

 

[gamersgzb]

I am keeping more than that, still everyone is denying for LTF Infinia 😅.

😉 some body opened account with 30l and got LTF infinia

 

[starstruck]

Also i will suggest to collect 10+10 lakh and then discuss with HDFC Bank for LTF infinia...

Bro, I am sure they will not give LTF Infinia with 20 lakhs FD. I am ok with paid card as they give back points apart from the GST part.

 

[starstruck]

😉 some body opened account with 30l and got LTF infinia

FD or Savings Account?

 

[gamersgzb]

FD or Savings Account?

Saving account.. in Chandigarh

 

[rohitpgarg]

Hi All,

I have been offered a quote of 11 lakhs FD for secured HDFC Infinia. I already have Magnus and want to upgrade to Burgundy too with 10 lakhs balance in SA. I can only select one among them at this time. I will be able to gather another 10L only after 4-5 months. Pls recommend on what to take and share your opinions.

Background Info:

In Axis, I currently have Magnus (paid) and Vistara Infinite (paid) with shared limit of 4L. I am planning to take Atlas (paid) too as it is coming pre-approved. I will receive 25k ER for August month milestone achievement.

In HDFC, I have DCP (LTF), Tata Neu Plus (LTF) and HDFC Swiggy (paid) with shared limit of 1L.

Thanks in advance.

Take secured infinia, at least FD interest is yours, even if the money isn't liquid.

Burgundy magnus = losing 40k/year of hard cash for some funny money. It's truly the worst card in the market today.

 

[starstruck]

Saving account.. in Chandigarh

Were they new to bank? For NTB, HDFC will do mostly anything for 30L during savings account opening.

 

[CARDBITRAGE]

Saving account.. in Chandigarh

Very unlikely or lucky. Savings account balance is not a long term, guaranteed deposit for the bank so it won’t make sense for them to issue LTF on basis of that. Unless you leave that kind of money for a prolonged period, which would could be used to your favour.

 

[gamersgzb]

Very unlikely or lucky. Savings account balance is not a long term, guaranteed deposit for the bank so it won’t make sense for them to issue LTF on basis of that. Unless you leave that kind of money for a prolonged period, which would could be used against your favour.

That person got it Without any condition to keep the balance ..

 

[gamersgzb]

Were they new to bank? For NTB, HDFC will do mostly anything for 30L during savings account opening.

Yes i think NTB... even I have read about this in the forum only ..

 

[Harry1]

Saving account.. in Chandigarh

Maybe because of city. Here in Bangalore, they don't care about 30L, they want 30 crore 😂.

Today I sent mail to md desk after rejection from my RM, branch manager and infinia services email. Also mentioned that I will move all my funds if not approved this time 😭. Let's see if it is of any use.