Cooling Period for All Bank Credit Cards (Pre Approved Offers Excluded)

[federer.reddevil]

Hi TFC'ians,

This is the cooling period for all bank credit cards mentioned below.

Bank	Cooldown Period
American Express (Amex)	3 Months per card
Axis Bank	No Cooldown
AU Bank	3-6 Months
BOB Cards	6 Months
HDFC Bank	6 Months
ICICI Bank	6 Months
IndusInd Bank	6 Months
IDFC First Bank	6 Months (Can be applied with Different Mobile Number instantly)
RBL Bank	3 Months
SBI	6 Months
Scapia, FI other Fintech Cards	3-6 Months
Yes Bank	3 Months
Federal Bank	3 Months
One Card - Metal (Multiple Bank Partners)	You cant reopen as per their terms

Got this information from different sources online and our community. Based on your experiences are there any changes? Just wanted to know the reapply time frame from the time of closure of the cards also.

Update as on 21-10-2024: IDFC Bank old trick of changing mobile number and applying is patched.

Update as on 26-11-2024: IndusInd Credit Card cooling period has been changed to 6 months as per the user reported.

I closed my IndusInd Legend on Oct 23rd and applied Pinnacle on Nov 10th and approved on Nov 16th

 

[federer.reddevil]

Any cooling down period after closing IDFC to reapply for IDFC?

 

[helloworld]

Any cooling down period for after closing IDFC to reapply for IDFC?

3 months or whenver ur cibil updated with closing date.

 

[anonymuos]

I closed my IndusInd Legend on Oct 23rd and applied Pinnacle on Nov 10th and approved on Nov 16th

Was Legend your only card from IndusInd? No other cards on split limit basis? Pinnacle LTF? No joining fees?

 

[Boy 07]

I closed my IndusInd Legend on Oct 23rd and applied Pinnacle on Nov 10th and approved on Nov 16th

View attachment 78792

View attachment 78793

Do you have any saving account with bank

And please tell me what is in my case I have indie saving account with bank I applied for The card on on Oct at the time of application it's showing me 276000 limit but after 3 days I got email of Declined they did not tell the reason .now when can I apply again ?

 

[federer.reddevil]

Was Legend your online card from IndusInd? No other cards on split limit basis? Pinnacle LTF? No joining fees?

Legend was from an agent who was in IndusInd branch when I opened IndusInd account in 2021. Since I just started work that time they gave me 60K limit which now was very less. I wanted Exclusive account and couldnt upgrade the Legend CC to Pinnacle.

So closed it and applied Pinnacle online it showed joining 5k + GST. However I was charged 15K + GST raised SR with Customer Care telling it showed 5K why 15K was charged they said they will look into it.

In meantime I spent 50K in the card. They took 2 weeks time to refund the 15K + GST and charged 5K + GST. I just simply told them that I was informed on spending 50K this 5K + GST would be refunded they said that offer not applicable for you I said thats what the agents who called me told (many agents used to call me telling take IndusInd Credit Card this offer is there that offer is there and all) before I applied online then they said we will reverse the charge as you have spent 50K and it was reversed after 5 days.

So now got it as LTF with 5L limit and also Exclusive Account and PP

 

[federer.reddevil]

Do you have any saving account with bank

And please tell me what is in my case I have indie saving account with bank I applied for The card on on Oct at the time of application it's showing me 276000 limit but after 3 days I got email of Declined they did not tell the reason .now when can I apply again ?

Yes I have Savings Account with them since 2021 it is my primary account.

This year I have been keeping funds in that for VISA purposes first for UK VISA which I got and have already went. Now keeping funds in that for my US VISA application which is next year

 

[anonymuos]

Legend was from an agent who was in IndusInd branch when I opened IndusInd account in 2021. Since I just started work that time they gave me 60K limit which now was very less. I wanted Exclusive account and couldnt upgrade the Legend CC to Pinnacle.

So closed it and applied Pinnacle online it showed joining 5k + GST. However I was charged 15K + GST raised SR with Customer Care telling it showed 5K why 15K was charged they said they will look into it.

In meantime I spent 50K in the card. They took 2 weeks time to refund the 15K + GST and charged 5K + GST. I just simply told them that I was informed on spending 50K this 5K + GST would be refunded they said that offer not applicable for you I said thats what the agents who called me told (many agents used to call me telling take IndusInd Credit Card this offer is there that offer is there and all) before I applied online then they said we will reverse the charge as you have spent 50K and it was reversed after 5 days.

So now got it as LTF with 5L limit and also Exclusive Account and PP

Nice. So you had no other IndusInd cards, so process was easy to close Legend and get Pinnacle. Wow 5L limit is awesome!

 

[federer.reddevil]

Nice. So you had no other IndusInd cards, so process was easy to close Legend and get Pinnacle. Wow 5L limit is awesome!

Had 6L in ICICI and 5.5L in OneCard so I think they gave based on them even though it was normal application and not C2C

Yea no other cards with 60K cant do split limit basis

 

[drabhishek90]

Perfect thread. 👍

 

[federer.reddevil]

Can I upgrade my Yes Bank Finbooster which I got LTF way back to any core card or do I need to vlose it and reapply for any core Yes Bank Card?

 

[Boy 07]

Can I upgrade my Yes Bank Finbooster which I got LTF way back to any core card or do I need to vlose it and reapply for any core Yes Bank Card?

I tried the same but the don't .You have to closed the card and stay away minimum 3 months or Maximum 6 month after that you may get any core card

 

[federer.reddevil]

I tried the same but the don't .You have to closed the card and stay away minimum 3 months or Maximum 6 month after that you may get any core card

Thanks will try the same