HDFC offering Infinia against investment - is it worth it?

[Trust Me]

Personally, I agree that Axis Bank experience has been vastly superior to HDFC Bank experience. I'm a Burgundy customer since a very long time and I have always received the right attention from the bank.

I personally have had no issues with getting polite attention from my RMs and the BM. But to me that's not what really matters in my overall banking experience. I have major problems with Axis's culture. In my view the Bank is not run professionally. The various departments apparently don't have functional handshaking amongst themselves, and I've had a considered impression that the RMs and the BMs are quite powerless in front of that themselves, inspite of all the good intentions!
.

 

[hrish88]

Infinia would have been the best card if it had a 180000 yearly limit instead of 15000 monthly limit.

The card is still best for hotel bookings assuming prices on smartbuy are not inflated.

Also can any infinia user explain how do they optimise for 15000 points monthly?i mean 25k for amazon,15k for swiggy,10K for zomato.how do you spend rest every month is it flights/hotels? @S S V

 

[Trust Me]

Apply for Magnus reserve.

If I have that kind of money to invest in FDs, I'd much rather reserve that for some other banks!

 

[SSV]

Infinia would have been the best card if it had a 180000 yearly limit instead of 15000 monthly limit.

The card is still best for hotel bookings assuming prices on smartbuy are not inflated.

Also can any infinia user explain how do they optimise for 15000 points monthly?i mean 25k for amazon,15k for swiggy,10K for zomato.how do you spend rest every month is it flights/hotels? @S S V

I only got it 2 to 3 months ago , post your question in proper infinia thread or search for it..
More experienced veterans will help you

 

[Trust Me]

Then stop working ....

Hey, who said anything about working? 🙂

 

[hrish88]

I only got it 2 to 3 months ago , post your question in proper infinia thread or search for it..
More experienced veterans will help you

I have asked out of curiosity.i dont have infinia neither planning to get one soon.

 

[HumorSimpson]

Hey, who said anything about working? 🙂

You retired? .

 

[Trust Me]

You retired? .

... I'd prefer to call it self-employed, --- whether or not the banks offer me any CCs.

(... with the employment defined by myself, of course). 🙂
.

 

[Riya]

I only got it 2 to 3 months ago , post your question in proper infinia thread or search for it..
More experienced veterans will help you

Congrats!!! Got it upgraded or new application??
Any LTF offer?

 

[SSV]

Congrats!!! Got it upgraded or new application??
Any LTF offer?

You are coming back to the beginning of the story again.
I got my first ever ( debut ) HDFC CC in the form of Infinia Metal LTF for a ULIP premium amount in between 1.5L and 2L.

 

[Riya]

You are coming back to the beginning of the story again.
I got my first ever ( debut ) HDFC CC in the form of Infinia Metal LTF for a ULIP premium amount in between 1.5L and 2L.

Didn't read the whole thread.... That's why missed the story 😁

 

[kshitij_0]

You are coming back to the beginning of the story again.
I got my first ever ( debut ) HDFC CC in the form of Infinia Metal LTF for a ULIP premium amount in between 1.5L and 2L.

Limit? 8L? Maximum Card limit from other bank?

 

[SSV]

Limit? 8L? Maximum Card limit from other bank?

Yes 8 L..
Other banks limit 7.7L from ICICI

 

[HumorSimpson]

Didn't read the whole thread.... That's why missed the story 😁

This is epic war. HDFC Infinia vs. ULIP.... MFs vs. ULIP, FDs vs. ULIP.. later HDFC Infinia vs. Magnus .... later HDFC Infinia vs. Travel ccs.
Hard to keep up with this thread. The epical Mahabharatha battle was just 18 days. BUT no one knows how long and how far this battle goes on.

 

[kshitij_0]

Yes 8 L..
Other banks limit 7.7L from ICICI

I asked them to give Click 2 wealth or Click 2 invest Plans then I might think over it. You can keep 2.5L/ year on that but still they didn't agree.
They indirectly said sir humare boss ka aur humara bada fayda ( indirectly bribe) karaoge to hi hum approval lenge, is plan me sirf aapka fayda hai.
Coz that plan had very less charges so could be compared with mutual funds.

 

[HumorSimpson]

I asked them to give Click 2 wealth or Click 2 invest Plans then I might think over it. You can keep 2.5L/ year on that but still they didn't agree.
They indirectly said sir humare boss ka aur humara bada fayda ( indirectly bribe) karaoge to hi hum approval lenge, is plan me sirf aapka fayda hai.
Coz that plan had very less charges so could be compared with mutual funds.

TN for @S S V : (RM uvacha) if you help me and our boss (hinting of b-r-be) only then we shall approve, but you have selected a plan that is only beneficial for you.

Faith in banks lost.

 

[SSV]

Didn't read the whole thread.... That's why missed the story 😁

Limit? 8L? Maximum Card limit from other bank?

You are coming back to the beginning of the story again.
I got my first ever ( debut ) HDFC CC in the form of Infinia Metal LTF for a ULIP premium amount in between 1.5L and 2L.

As I said before, imagine if I had to go thru the traditional route , I need to wait for 10 years and spend upwards 30L amd most irritatingly beg HDFC, by that time whatever the card that would be available may not be useful....
As I am not working full time these days , I won't even qualify for their income criteria.

Hence this route suits me the most and now I am not even thinking about any CCs to get or need to plan any spending to get any premium cards..
Instead I have more time to manage my investment portfolio which includes ULIP as well...

 

[HumorSimpson]

As I said before, imagine if I had to go thru the traditional route , I need to wait for 10 years and spend upwards 30L amd most irritatingly beg HDFC, by that time whatever the card that would be available may not be useful....
As I am not working full time these days , I won't even qualify for their income criteria.

Hence this route suits me the most and now I am not even thinking about any CCs to get or need to plan any spend ming to get any premium cards

This is the gist that you might have to put in 1st post and a unique perspective.
In financial matters many over look the time part and miss the whole thing.
That's why Kaala Bhairava is a destructor. That is one who doesn't respect time gets destroyed financially.

 

[SSV]

This is the gist that you might have to put in 1st post and a unique perspective.
In financial matters many over look the time part and miss the whole thing.
That's why Kaala Bhairava is a destructor. That is one who doesn't respect time gets destroyed financially.

I had said this many times in many threads...
In fact that is the main factor that made me to think about this alternative route.
But people immediately react as soon as they see this four letter word,ULIP, as if it is the massive sin word. They don't even try to think the whole picture. They get poonakalu as soon as they see ULIP and vent whatever they have from their personal perspective, without considering the factors that influences at a macro level.

Having said that, not everything suits everyone.. that's why we go4 this many products and again si many variations within the same product..
We need to diligently pick whatever suits us after doing some DD( due diligence)

 

[Deleted member 27665]

After reading this thread, a lot of similarities can be seen between an iPhone and an Infinia. First being that both starts with an i 😉