HDFC Limit Enhancement - Nov 23

[Tr7]

Just Received an email for Limit Enhancement for my HDFC Millennia.From 3.4 L to 4.4L
Check yours too.

 

[SSV]

hdfc follow Shared limit. not sure what going on here in your case. mine is shared with infinia and Tata Infinity.

Just now got my Infinity which is sharing CL with Infinia.. Joined your club .. so within one week I got both Infinia and Infinity LTF ...

 

[akshayhs]

That’s the poster of Moneyback card
That is even not a tata card

When I login to limit enhancement page, it shows Moneyback image only even for Tata Neu cards.

 

[raghu.rokda]

When I login to limit enhancement page, it shows Moneyback image only even for Tata Neu cards.

Maybe for all co-branded card it shows Moneyback…
In my case it shows millennia for millennia..

 

[dealminer]

Just now got my Infinity which is sharing with Infinia.. Joined your club .. so within one week I got both Infinia and Infinity ...

How to get our hands dirty with infinia?

 

[SpiesCan'tCatchMe]

How to get our hands dirty with infinia?

Throw money at hdfc at get your hands dirty with whatever you want

 

[Chaitanya-a]

How to get our hands dirty with infinia?

Have to purchase their most useless form of investment i.e. ULIP. If you've spare amount of money, then only its recommended to go this way. Otherwise Infinia isn't worth this much hassle.

 

[card-shard]

Have to purchase their most useless form of investment i.e. ULIP. If you've spare amount of money, then only its recommended to go this way. Otherwise Infinia isn't worth this much hassle.

We need such ppl to keep banks in profit, so that bank showers other CC holders with reward points, and online sale discounts.

 

[Deleted member 21942]

Have to purchase their most useless form of investment i.e. ULIP. If you've spare amount of money, then only its recommended to go this way. Otherwise Infinia isn't worth this much hassle.

I would prefer to take that money to Axis and get Magnus Burgundy as LTF rather to invest in these crap ULIPs. There is a reason why HDFC is giving Infinia for investing in these crap ULIPs after all banks are here to do profitable business. Emotions & Business doesn't go hand in hand.

 

[Chaitanya-a]

I would prefer to take that money to Axis and get Magnus Burgundy as LTF rather to invest in these crap ULIPs. There is a reason why HDFC is giving Infinia for investing in those crap ULIPs after all banks are here to do profitable business. Emotions & Business doesn't go hand in hand.

Exactly. They must be gaining much more from this deal. Otherwise why would they give Infinia easily through this method.

 

[raghu.rokda]

I would prefer to take that money to Axis and get Magnus Burgundy as LTF rather to invest in these crap ULIPs. There is a reason why HDFC is giving Infinia for investing in these crap ULIPs after all banks are here to do profitable business. Emotions & Business doesn't go hand in hand.

First take ULIPs then take infinia and then close ULIPs…..that’s a good idea

 

[Chaitanya-a]

First take ULIPs then take infinia and then close ULIPs…..that’s a good idea

ULIP premature closure pe upto 100% cancellation charges lag jate bhai Bank sab calculate karke hi deta hai aise offers

 

[Deleted member 21942]

First take ULIPs then take infinia and then close ULIPs…..that’s a good idea

Yeah this is an option & I had also mentioned the same idea somewhere in this forum but the bank will not like this approach for sure. They may cancel Infinia if the person cancel's the corresponding ULIP associated with it.

 

[raghu.rokda]

ULIP premature closure pe upto 100% cancellation charges lag jate bhai Bank sab calculate karke hi deta hai aise offers

15 days ka grace period hota hai cancellation ka

Bas 15 din ke andar infinia lena padega

 

[Bugs Bunny]

Idk why so much buzz for infinia? How come you guys can't convince hdfc or your BM for infinia? It is an absolute cakewalk. Sorry learned members for sounding arrogant but I'm saying this with all humility

 

[raghu.rokda]

Idk why so much buzz for infinia? How come you guys can't convince hdfc or your BM for infinia? It is an absolute cakewalk. Sorry learned members for sounding arrogant but I'm saying this with all humility

How to convince ?

 

[card-shard]

First take ULIPs then take infinia and then close ULIPs…..that’s a good idea

Bank be like:

From what I know about FD based cards: once card is issued against FD, you can't touch that FD.
I guess same will be for ULIP, and salary account MAB tied to card issue.

In all such cases, banks play with people emotions, and treat "premium cards" as candies to "grown-ups".
Just like kids, lots of grown-up people give all "coins" they have, in order to get few "candies".

 

[Bugs Bunny]

How to convince ?

I had a limit of 6L and got dcb in December. Spent about 13-14L in 5-6 months, then realised I'm screwed and stopped spending. Then emailed hdfc after 3-4 months of 0 spending to upgrade card to infinia to which they agreed. But I wanted fee waiver at 5L spends for which I went to the BM and convinced him and he got me 5L waiver for infinia with a limit of 6L.
PS: Still a student

 

[Deleted member 21942]

Spent about 13-14L in 5-6 months

Were these manufactured spends or genuine?

 

[card-shard]

I had a limit of 6L and got dcb in December. Spent about 13-14L in 5-6 months, then realised I'm screwed and stopped spending. Then emailed hdfc after 3-4 months of 0 spending to upgrade card to infinia to which they agreed. But I wanted fee waiver at 5L spends for which I went to the BM and convinced him and he got me 5L waiver for infinia with a limit of 6L.
PS: Still a student

Friendly advice: Ensure that you've written proof of spend waiver for Infinia @ 5L from RM's official email Id, otherwise, saal bhar baad katega.

 

[Deleted member 21942]