Debunking the Myth: HDFC Credit Card Offers and CIBIL Inquiries.

[chuckzspadina]

There's a common misconception that checking for HDFC credit card offers doesn’t result in a CIBIL inquiry. However, my recent experience proves otherwise. When I checked for a credit card offer from HDFC, I received inquiries on both my CIBIL and CRIF reports.

The Reality of Credit Card Inquiries
Many people believe that checking for pre-approved credit card offers won’t impact your credit score. However, HDFC does perform a hard inquiry on your credit report, which can affect your CIBIL score. This is true even if you don’t proceed with the application after checking the offer.

My Experience
I recently used HDFC’s portal to check for a credit card offer. Despite not completing the application, I noticed hard inquiries on both my CIBIL and CRIF reports. This clearly indicates that HDFC does perform these checks, debunking the myth that such inquiries don’t happen.


Which Card should I Choose?

I am offered:
1.HDFC Swiggy Credit Card (LTF)
2.HDFC MoneyBack+ Credit Card (Paid)
3.HDFC IndianOil Credit Card (Paid)
As suggested by many experts it is important to go for core card of HDFC, what should I do?
And as I don't have banking relation with HDFC then how the next step of application will be if I proceed with any card.

And is there any way to get rid of the inquiry if I don't apply for any card right now?

 

[aniketkr.sharma]

There's a common misconception that checking for HDFC credit card offers doesn’t result in a CIBIL inquiry. However, my recent experience proves otherwise. When I checked for a credit card offer from HDFC, I received inquiries on both my CIBIL and CRIF reports.

The Reality of Credit Card Inquiries
Many people believe that checking for pre-approved credit card offers won’t impact your credit score. However, HDFC does perform a hard inquiry on your credit report, which can affect your CIBIL score. This is true even if you don’t proceed with the application after checking the offer.

My Experience
I recently used HDFC’s portal to check for a credit card offer. Despite not completing the application, I noticed hard inquiries on both my CIBIL and CRIF reports. This clearly indicates that HDFC does perform these checks, debunking the myth that such inquiries don’t happen.


Which Card should I Choose?

I am offered:
1.HDFC Swiggy Credit Card (LTF)
2.HDFC MoneyBack+ Credit Card (Paid)
3.HDFC IndianOil Credit Card (Paid)
As suggested by many experts it is important to go for core card of HDFC, what should I do?
And as I don't have banking relation with HDFC then how the next step of application will be if I proceed with any card.

And is there any way to get rid of the inquiry if I don't apply for any card right now?

Go with moneyback+ as of now, later-on with income docs and emails to cards team will let you change the card as well as limit offered.

 

[Anupama_Jha]

Get HDFC Moneyback+ and enjoy new journey

 

[chuckzspadina]

Go with moneyback+ as of now, later-on with income docs and emails to cards team will let you change the card as well as limit offered.

Get HDFC Moneyback+ and enjoy new journey

What will be the process ahead as I don't have any prior relation with HDFC Bank.
What documents will they ask me and physical verification?]

 

[AshwiniS]

There's a common misconception that checking for HDFC credit card offers doesn’t result in a CIBIL inquiry. However, my recent experience proves otherwise. When I checked for a credit card offer from HDFC, I received inquiries on both my CIBIL and CRIF reports.

The Reality of Credit Card Inquiries
Many people believe that checking for pre-approved credit card offers won’t impact your credit score. However, HDFC does perform a hard inquiry on your credit report, which can affect your CIBIL score. This is true even if you don’t proceed with the application after checking the offer.

My Experience
I recently used HDFC’s portal to check for a credit card offer. Despite not completing the application, I noticed hard inquiries on both my CIBIL and CRIF reports. This clearly indicates that HDFC does perform these checks, debunking the myth that such inquiries don’t happen.


Which Card should I Choose?

I am offered:
1.HDFC Swiggy Credit Card (LTF)
2.HDFC MoneyBack+ Credit Card (Paid)
3.HDFC IndianOil Credit Card (Paid)
As suggested by many experts it is important to go for core card of HDFC, what should I do?
And as I don't have banking relation with HDFC then how the next step of application will be if I proceed with any card.

And is there any way to get rid of the inquiry if I don't apply for any card right now?

Go for HDFC Swiggy LTF. It is as good as what Millenia used to be. You can easily get 5% CB on all major platforms plus additional benefits for LTF. Moneyback and IOC are next to useless.

 

[Anupama_Jha]

What will be the process ahead as I don't have any prior relation with HDFC Bank.
What documents will they ask me and physical verification?]

After submission u have to do v-kyc.

They may/may not do home/office verification

 

[imdjay]

There's a common misconception that checking for HDFC credit card offers doesn’t result in a CIBIL inquiry. However, my recent experience proves otherwise. When I checked for a credit card offer from HDFC, I received inquiries on both my CIBIL and CRIF reports.

The Reality of Credit Card Inquiries
Many people believe that checking for pre-approved credit card offers won’t impact your credit score. However, HDFC does perform a hard inquiry on your credit report, which can affect your CIBIL score. This is true even if you don’t proceed with the application after checking the offer.

My Experience
I recently used HDFC’s portal to check for a credit card offer. Despite not completing the application, I noticed hard inquiries on both my CIBIL and CRIF reports. This clearly indicates that HDFC does perform these checks, debunking the myth that such inquiries don’t happen.


Which Card should I Choose?

I am offered:
1.HDFC Swiggy Credit Card (LTF)
2.HDFC MoneyBack+ Credit Card (Paid)
3.HDFC IndianOil Credit Card (Paid)
As suggested by many experts it is important to go for core card of HDFC, what should I do?
And as I don't have banking relation with HDFC then how the next step of application will be if I proceed with any card.

And is there any way to get rid of the inquiry if I don't apply for any card right now?

You should check this

Thread 'HDFC CC Pre Apporved Offer - CIBIL Hit or Not -- Decoded( I think)...'

Jul 2, 2023

Note: There is a follow up thread to this thread i.e. URL Decoding. That next thread is here:

HDFC Pre approved Credit Card Application URL - Decoded...

This thread is in continuation to my previous thread My Previous thread is here: https://www.technofino.in/community/threads/hdfc-cc-pre-apporved-offer-cibil-hit-or-not-decoded-i-think.14680/ URL Decoding - HDFC Card Applcation : Disclaimer: This is going to be a very lengthy post. The...

www.technofino.in

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HDFC CC Pre Apporved Offer - CIBIL Hit or Not -- Decoded​

I have seen in a number of threads that there is a confusion amongst us regarding whether there is going to be CIBIL hard enquiry or not while check HDFC Pre Approved...

• SSV
• Replies: 74
• Forum: HDFC Bank Credit Card

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[chuckzspadina]

Go for HDFC Swiggy LTF. It is as good as what Millenia used to be. You can easily get 5% CB on all major platforms plus additional benefits for LTF. Moneyback and IOC are next to useless.

I went forward with Moneyback+ and applied on the 10th. Waiting for approval. Maybe in the future I'll get HDFC Swiggy. I agree with you, it is a fantastic card.

 

[chuckzspadina]

After submission u have to do v-kyc.

They may/may not do home/office verification

Done vkyc on 10th. Received no other communication from HDFC yet and the status says

After submission u have to do v-kyc.

They may/may not do home/office verification

Done VKyc on 10th. After that No communication from HDFC.
On checking the status says " your credit card application is INPROCESS"

 

[hitirfan]

When u check credit Card eligibility, you will see there check box and conditions, agar use mai likha hoga Credit Score check karenge to CIBIL hit ayega otherwise nahi.

 

[chuckzspadina]

Update: I received an email and SMS confirming that the HDFC application for a Moneyback Plus credit card was accepted.

Since it is a paid card, is there any way I can get it LTF?

How should I go about getting a Tata Neu card and Swiggy CC right now, and when will I be able to reapply?