Has IDFC Wealth CC C2C criteria changed?

[frezcoop]

Hi folks,

While browsing the forum I got to know that one can get IDFC wealth cc easily on C2C basis. I have Regalia with 5.2L limit but my application was still rejected. I have ~1.9L monthly income, 789 Cibil and I emailed IDFC nodal to ask for reason i.e. elaboration on rejection due to bank internal policy. Got a call and the person said that they tried to get the reason but couldn’t get it. I was adviced to stay put until an offer comes to me. What should I do?

 

[HumorSimpson]

There's nothing changed. IDFC has been like that since its launch. It seems some coder injected some random seed in their backend logic believing "uncertainty is the spice of life".

Wait for 6 months and apply again.

 

[HumorSimpson]

Anyways I thank that developer for giving me unexplainable joy when I received it. Had it been so easy, I would have missed it.

 

[frezcoop]

Hmm so this is why even they are not able to explain what might be the policy to reject. Oh well, I can attempt with another phone number but don’t see the point of taking another cibil hit.

 

[Survivor35]

Hmm so this is why even they are not able to explain what might be the policy to reject. Oh well, I can attempt with another phone number but don’t see the point of taking another cibil hit.

true if it aint worth it,dont do it.

 

[cardio_guy]

Same for me. They asked to wait for 6 months

 

[Nitheesh]

Card limit and card age doesn't matter. I used my SBI Elite 1 month old with 1.5 lakhs limit and got Wealth limit of 6.15 lakhs.

 

[vishp]

Card limit and card age doesn't matter. I used my SBI Elite 1 month old with 1.5 lakhs limit and got Wealth limit of 6.15 lakhs.

You applied through the website? Many mention that for C2C, other card should atleast have 4L. Did you put a higher salary?

 

[frezcoop]

Ya must be some other parameter that became more favorable. I also read that some put higher salary and there is no validation.

 

[Nitheesh]

You applied through the website? Many mention that for C2C, other card should atleast have 4L. Did you put a higher salary?

For C2C, they see the card variant. ICICI and some other banks simply give higher limit. It would be difficult with those cards. HDFC and SBI card limit enhancement is very less and is true to the customer expenditures. Use those cards. For salary, I entered 3.1 lakhs. Only address verification happened and no document upload.

 

[frezcoop]

For C2C, they see the card variant. ICICI and some other banks simply give higher limit. It would be difficult with those cards. HDFC and SBI card limit enhancement is very less and is true to the customer expenditures. Use those cards. For salary, I entered 3.1 lakhs. Only address verification happened and no document upload.

Thanks, that's quite good salary. Maybe that had higher weightage.

 

[vishp]

For C2C, they see the card variant. ICICI and some other banks simply give higher limit. It would be difficult with those cards. HDFC and SBI card limit enhancement is very less and is true to the customer expenditures. Use those cards. For salary, I entered 3.1 lakhs. Only address verification happened and no document upload.

Thank you! Currently I only have Apay and Saphhiro, both from ICICI.

 

[Nitheesh]

Thanks, that's quite good salary. Maybe that had higher weightage.

Not the real salary. Their criteria is 36 LPA. So anything higher is accepted and they don't verify it as of now.

 

[girish3456]

Hi folks,

While browsing the forum I got to know that one can get IDFC wealth cc easily on C2C basis. I have Regalia with 5.2L limit but my application was still rejected. I have ~1.9L monthly income, 789 Cibil and I emailed IDFC nodal to ask for reason i.e. elaboration on rejection due to bank internal policy. Got a call and the person said that they tried to get the reason but couldn’t get it. I was adviced to stay put until an offer comes to me. What should I do?

My monthly income is near about 1 lakh (but lesser than 1 lakh) but still received IDFC wealth credit card as I got it on C2C basis as I am holding HDFC Diners Black credit card

 

[frezcoop]

My monthly income is near about 1 lakh (but lesser than 1 lakh) but still received IDFC wealth credit card as I got it on C2C basis as I am holding HDFC Diners Black credit card

Diners Black is more premium than Regalia so I guess that adds more weightage. Good to know, thanks for sharing.

 

[hs23new]

My monthly income is near about 1 lakh (but lesser than 1 lakh) but still received IDFC wealth credit card as I got it on C2C basis as I am holding HDFC Diners Black credit card

I am not getting Wealth card with DCB.

 

[frezcoop]

@girish3456 @hs23new share your DCB card limits.

 

[girish3456]

@girish3456 @hs23new share your DCB card limits.

My card limit on HDFC Bank Diners Black was 9,09,000. So same limit has been allotted on IDFC wealth credit card aswell

 

[hs23new]

@girish3456 @hs23new share your DCB card limits.

DCB CL 532000

 

[frezcoop]

DCB CL 532000

Either this is no longer enough or some other criteria is the reason for rejection. For some credit cards, they reject if your current address and office address is different i.e. long distance. I am guessing that's what caused rejection in my case. So could be something else if not the limit.