Confused between IDFC FIRST WOW and IDFC Wealth Credit Card

[crazyuploader]

Hello,

I'm basically confused IDFC FIRST WOW and Wealth Credit Card. I've never held any IDFC Card before, don't have any relationship with them either. So not sure if I can get Wealth Card.

Also, need to plan to the use card for international transactions. I heard Wealth has 2.5% reward rate and 1.5% forex charges, is it true? Meanwhile WOW looks good as it comes with 0% forex.

 

[bharathitman]

Got ur card delivered?

Yes

 

[xiddy]

Cancel your select card and then reapply using different phone number , select c2c and use other bank premium card like Magnus

You will be offered wealth

And don’t worry about phone number after card is approved they will map it to your bank registered phone number

Is there a cooldown after closing the card? Or can I apply immediately?

 

[jack333]

After following their wizard and entering my salary I got IDFC Select. I had to re-do it again and then input the highest credit limit of my existing card (HDFC Diners Privilege) which >10L. After this I got the IDFC Wealth with a 10L limit. I am not really sure if they verified it or not

Was there a second time cibil hit? Did they ask for income proof?

 

[Wealth is my birth right!]

Yes

Congratulations
U did it

 

[Stargod]

Wow cc is good for Newbies

 

[bharathitman]

Was there a second time cibil hit? Did they ask for income proof?

There was only one CIBIL hit. During the first try I entered my details and was presented instantly with a SELECT option and a confirmation to go ahead with it. I declined (or closed the website don't remember). Later in the day I restarted my application and entered my highest card limit, upon which I was presented with Wealth option.
I guess there is a hard enquiry only when you confirm your application. I am unsure of what background check they do

 

[jack333]

Did they ask income proof?

 

[bharathitman]

Did they ask income proof?

No

 

[Akash Topder]

Cancel your select card and then reapply using different phone number , select c2c and use other bank premium card like Magnus

You will be offered wealth

And don’t worry about phone number after card is approved they will map it to your bank registered phone number

What about Select to Wealth upgrade? If they upgrade it then no need to cancel and upgrade to Wealth right?

 

[shsinha]

That I know, I wanted to know which one to get, considering I don't have IDFC unsecured right now, chances of me getting one are slim

IDFC WOW is for people who can't get even millenia or classic card which is on the lower end. WOW card is FD secured. Wealth is on the higher end and need high salary or high range existing card. I got wealth card after I put detail of HDFC infinia card in the application process.

 

[anirban.choudhuryanirban.choudhury is verified member.]

What about Select to Wealth upgrade? If they upgrade it then no need to cancel and upgrade to Wealth right?

Yes if they upgrade to wealth then no need to cancel

 

[Lord Of Darkness]

Was there a second time cibil hit? Did they ask for income proof?

Same for me, there was just one CIBIL hit for Wealth Card
Plus no, they did not ask for any income proof. I think the majority of their decision algorithm is based on CIBIL, coz that is the only report based on which they make the decision.

Some of the deciding factors as per me, could be

1. Cibil score - Mine is currently 806
2. The Credit depth - The C2C card I used was more than 5 years old , and my oldest card account HDFC is over 14 years old
3. I dont think it matters if card is premium or not, because the card I had mentioned was ICICI Accelero (basic card)
4. Overall Credit Limit (Mine was 6.9 lakhs for ICICI card)

 

[vramagurubaran]

Can one have both Select and Wow cards? Interested since Wow is on Visa infinite platform.

 

[vaibhav111vaibhav111 is verified member.]

Can one have both Select and Wow cards? Interested since Wow is on Visa infinite platform.

nope first take unsecured and then secure.. why you may ask cause IDFC seem be reject secured card given first and then unsecured.. so take select use for few month and then apply for wow secured.