Ak Singh
TF Ace
Definately not, that's why I'm asking for Ss.
Bro thinks Experian is new CIBIL.
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Biz black approval
- Thread starter Deleted member 17565
- Start date
Bro thinks Experian is new CIBIL.
if you directly want Biz Black then you need some Relationship with the HDFC Bank. it could anything, so no connection with HDFC, no Saving/Current/Home Loans in your dad's name, if anyone in your family have then you can try via their RM.
so you got the biz black metal cc right?
NOOB_ui
TF Buzz
I’m thinking of opening a preferred/imperia account with them in hopes that they’ll give me a good cc but I wanna know if it’s worth it and whether they even give out credit cards in preferred accounts
Any update? Did u went ahead with this, and for the Biz Black CC? I am also thinking of taking the same approach, if anyone can confirm.
If hdfc was so easy 🤣 then world would have not been this hot in summer
Ak Singh
TF Ace
Bro I have preferred ac only, and no pre approved offers for cc from last six months.
It is purely luck who gets offer.
avishek0611
TF Buzz
I am a busines owner, but my company is private limited and i am not a sole proprietor, can I pay the gst with my biz black card, will it cause any issue in income tax as I am paying the money and my pan wil be used when using the biz black card.
NOOB_ui
TF Buzz
Hi, I ended up getting a secured BizBlack credit card. Dm me if you wanna know more
NOOB_ui
TF Buzz
You need to confirm once with your CA, imo it should not be a problem
drsel
TF Prestige
Please DM me how you do this.
I sent you a direct message.
Last edited:
curious_george
TF Neo
Question: If I have HDFC Diners Black as LTF and want Biz Black for business expenses (ITR 23L, turnover about 50L no books maintained just presumptive tax at 51%), will they cancel my individual DB LTF and issue BizBlack? does anyone have DB LTF + Biz Black?
reason for planning to get Biz Black is my accountant wants me to either reduce credit card usage or have a dedicated card for business expenses vs personal expenses.
Annual spend: about 10L (on all cards HDFC DCB, SBI 5% CB, Tata Nue and some other rarely used) + 4.5L tax payment (not sure if it counts towards fee waiver limit).
also how to go about application? online, through branch or through RM (Which I don't have since I don't have HDFC bank account)
reason for planning to get Biz Black is my accountant wants me to either reduce credit card usage or have a dedicated card for business expenses vs personal expenses.
Annual spend: about 10L (on all cards HDFC DCB, SBI 5% CB, Tata Nue and some other rarely used) + 4.5L tax payment (not sure if it counts towards fee waiver limit).
also how to go about application? online, through branch or through RM (Which I don't have since I don't have HDFC bank account)
through branch and since you don't have account they will bunch of document so be ready and will definitely act you need to open saving account to get the cc cause it business cc so try to see what the Minimum ITR though and you're family member have HDFC account then open offline saving account and family linked your account with them cause it will help in the future.
Couple of Qs related to this criteria for Biz Black CC - Spend Rs.1.5 Lakhs in first 90 days of card issuance to get First Year Joining Fee waived off (Applicable for fresh issuance only)
1. Tax payments counted for this milestone? It should since that is what primarily this card for, and can't find anything which says otherwise. But wanted to confirm.
2. FY fee waive-off (i.e. 10K + 1800 (GST)), would that also include GST part? Do they refund fee, or do not charge fee to card itself if criteria met in first statement cycle itself?
3. Alternative to 2nd, is it possible to get GST invoice for fee payment, to claim 1800 as ITC?
1. Tax payments counted for this milestone? It should since that is what primarily this card for, and can't find anything which says otherwise. But wanted to confirm.
2. FY fee waive-off (i.e. 10K + 1800 (GST)), would that also include GST part? Do they refund fee, or do not charge fee to card itself if criteria met in first statement cycle itself?
3. Alternative to 2nd, is it possible to get GST invoice for fee payment, to claim 1800 as ITC?
drsel
TF Prestige
drsel
TF Prestige
It's only for business people & self employed, so no employees can get it
What options do we have for employees who pay such high tax?
Any suggestions?
rrshared
TF Buzz
I am planning to get secured BizBlack. Can you please help? I am holding Regalia Gold and Tata Neu Infinity with HDFC and have preferred relationship. Self-employed. VRM is saying not possible to get a third card. Asking to close retail cards, wait for 3 months and then apply.
drsel
TF Prestige
Your relationship manager is correct.
you need to close these useless cards and then apply for Biz Black after 3 months, with 5.5 lakhs fixed deposit
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