Got IDFC wealth credit card very easily

[Harvey_Dent]

Anyone looking to apply for IDFC wealth credit card, go through this post once

I used to apply for IDFC credit cards last year. Every time it got rejected. This time I went to a mall and applied through an agent there.

The process was very simple. He said there are only two criteria for IDFC wealth cc. I only wanted wealth.
1. Salary 4 lakhs
OR
2. Existing card limit 4 lakhs for c2c and at least 1 year old card

I applied c2c using my ICICI apay card with 4.1 lakh limit and 1.2 years old, contray to popular belief it doesn’t work for c2c. The agent did all the application, no salary slips, no documents. Don’t know what salary he filled, but I was shown wealth and applied. I was surprised though.

Later office address verification happened on phone, I said I wfh. I was also sent a mail on my office email to verify company address and name. Process was smooth, even though their portal sucks. Approved within 3 days excluding weekend. Got same limit as apay.

I know this card is devalued now, but still it’s good for offers and dreamfolks membership, which I guess doesn’t have any minimum spends criteria.

10 days earlier I got sapphiro LTF under alumni program, and also got axis select. This is my last application of the year. Next year, I am looking to apply DCB or regalia LTF.

EDIT on 31st July: I received my card. If anyone wondering the lounge access associated with this card. Here’s the detailed info I checked on dreamfoks.

Domestic lounge: 4/qtr, can use cc or dreamfolks card. I know people might challenge this, but IDFC’s partnership with dreamfoks is a bit different compared to ICICI. Hence can use both

International lounge: 4/qtr using dreamfolks card

Railway lounge: 4/qtr. Can take 1 guest as well on that card

Domestic Airport spa: 4/qtr

Grand Total: 16, definitely worth for a LTF card

 

[samm255]

It says to schedule video kyc , link will be shared but i did not receive any link . should i wait ?

yes wait. Link will be sent on your mobile number or you can call customer care and ask for vkyc link manually.

 

[samm255]

For people who got wealth, did you select the company from that dropdown? or you entered manually?

If company is not in list then enter your company manually.

 

[neo.puneet]

If company is not in list then enter your company manually.

yes, that's what i did and i got select cc so wondering if that is the issue but i also entered my 4.8 limit cc so that may be the issue, i'll try once with another number

Edit: Tried with another phone number and still got SELECT. I think if the company is not in their list, they won't provide Wealth.

 

[AlphaCAT]

For people who got wealth, did you select the company from that dropdown? or you entered manually?

Just typed "Government of India". Wasn't getting proper list of Ministries in dropdown .

 

[KLB@96]

wh

They ask for ITR/payslips only that too after 6months

y will they ask for docs after 6 months lol when card is approved and using already ?

 

[AlphaCAT]

wh

y will they ask for docs after 6 months lol when card is approved and using already ?

He is talking about Limit Enhancement . For that they ask ITR/ salary slips .

 

[deep@vie]

wh

y will they ask for docs after 6 months lol when card is approved and using already ?

For MANUAL LE

 

[CreditCardz1998]

Nope, idfc too physical verification for wealth. For entry level they might won't do. It completely false idfc don't do physical verification.

I dont agree...I got the Wealth credit card with just VKYC...no physical verification

 

[KLB@96]

I dont agree...I got the Wealth credit card with just VKYC...no physical verification

when did you apply and when did you do kyc and got approval msg ?

 

[skywalker]

If office verification goes through , they will call u to confirm your name and mother's name like basic details . After that approval within a day or two . In around 40% of cases , they don't do any kind of verification .. Have patience, it usually takes 3 days on average . Fingers crossed bro !

The address that I’ll provide is of my relative’s, since my address is not serviceable. My office is in serviceable city, but I’ve been working from home. So how can I tackle current home address verification and office verification? @AlphaCAT @Harvey_Dent

 

[AlphaCAT]

The address that I’ll provide is of my relative’s, since my address is not serviceable. My office is in serviceable city, but I’ve been working from home. So how can I tackle current home address verification and office verification? @AlphaCAT @Harvey_Dent

Home address verification won't happen in 80% cases , office verification won't happen in 30% case . None of my friends had home address verification, only office address or none at all .

 

[AlphaCAT]

Home address verification won't happen in 80% cases , office verification won't happen in 30% case . None of my friends had home address verification, only office address or none at all .

Also even if u WFH , if some colleague of yours can confirm your work status there , that will do just fine .

 

[skywalker]

Also even if u WFH , if some colleague of yours can confirm your work status there , that will do just fine .

I have an account with IDFC. As soon as I entered my name, DOB and registered mobile number on the first page, I’m getting the Select card offered (since they’ve been offering me that as a pre-approved offer since few days now) without getting to enter salary and all. How to bypass that? @AlphaCAT

 

[vaibhav111vaibhav111 is verified member.]

I dont agree...I got the Wealth credit card with just VKYC...no physical verification

For me I didn't had to do vkyc.. that doesn't mean for everyone vkyc won't be done(i did hold zero AMB account with IDFC). Got my point. For each individual thing will be different on basis of other factor affecting their outcome.

 

[deep@vie]

I dont agree...I got the Wealth credit card with just VKYC...no physical verification

It depends on many factors.
Generally MNC employees office verification skipped if they've active official e-mail.
Self-employed customers verification is generally conducted.
Address given are there on CIBIL or not,also a factor.

 

[SpiesCan'tCatchMe]

Home verification happened and there was no one at the home address, I made him speak with the security but it seems he is not happy with that. My application is going to be rejected 😭

 

[skywalker]

For me I didn't had to do vkyc.. that doesn't mean for everyone vkyc won't be done(i did hold zero AMB account with IDFC). Got my point. For each individual thing will be different on basis of other factor affecting their outcome.

Since you have an account with IDFC, how were you able to bypass the pre-approved offer that they show when you first enter your name, DOB and mobile number, since they fetch your details using those details?

 

[AlphaCAT]

I have an account with IDFC. As soon as I entered my name, DOB and registered mobile number on the first page, I’m getting the Select card offered (since they’ve been offering me that as a pre-approved offer since few days now) without getting to enter salary and all. How to bypass that? @AlphaCAT

Try with different mobile no bro .

 

[AlphaCAT]

Home verification happened and there was no one at the home address, I made him speak with the security but it seems he is not happy with that. My application is going to be rejected 😭

Don't worry , they are still approving . Home address of my friend which isn't in my CIBIL records and office verification also failed as I am on medical leave . Still application was verified !!

 

[AlphaCAT]

For me I didn't had to do vkyc.. that doesn't mean for everyone vkyc won't be done(i did hold zero AMB account with IDFC). Got my point. For each individual thing will be different on basis of other factor affecting their outcome.

Even with my registered mobile no , there was no vKYC as I already hold 25k MAB account with them !