• Hey there! Welcome to TFC! View fewer ads on the website just by signing up on TF Community.

HDFC offering Infinia against investment - is it worth it?

Apply For Lifetime Free IDFC First Credit Card
Oishik Sarkar said:
Don't take any endowment policy by HDFC that also just for a credit card. It's simply not worth it. It's burning money. The policy will eat all your money and will not give return as per inflation.
Click to expand...
Don't take any endowment policy from anyone. If you do a proper calculation against bank FDs (which compounds interest quarterly) you will find returns from endowment policies are 1-2% lower than bank FDs. The only life insurance worth taking is a term life insurance.

Remember - Insurance is NOT an investment instrument.
 
anirban.choudhury said:
There can never be a single best card , it would depend on one's spends.

Like say for someone whose majority transactions are into government spends Infinia would give him 0 rewards , he would choose milestone based cards like the ones of vistara etc.

For someone who is into travelling a lot the accelerated points given on 5x/10x would be restricted to only 15k where has he can get unlimited 10% on atlas ( for Infinia this 33%/16% are all restricted to only 15k points a month)

For someone who purchases normal Apay vouchers for about 10-12k a month ( GC + MRCC ) combined would give higher returns than Infinia

For normal spending again Atlas would give higher base returns

For luxury spends ( Plat charge with its 20x/10x) would give better returns than Infinia

For high spending upwards 1.5 lakhs , Burgundy Magnus would beat the f*** out of Infinia

For forex there are cards like Prestige , Reserve , Plat Charge , even DCB with GVP gives simmilar or higher returns ( DCB metal even counts those spends for its quarterly milestones )

Newer cards like Marquee provides better returns than Infinia for medium spends, Yes Reserv with subscription is also good.

I still don't understand what category of spends does Infinia qualifies to be called as best rewarding card ??
Click to expand...

Is this possible only when,

- redeemed MR points against Marriott dynamic pricing (assuming MR value based on that date room price).
- booked tickets for international travel on those FFP (atlas).
- M4B, Reserve, Plat Charge aren't these cards higher category than Infinia (either with fee or relationship) and reduces overall ROI with savings amount or TRV or no fee benefits?

..?
 
Last edited:
anirban.choudhury said:
Even your RM can provide Paid Infinia
For LTF there are some approvals again your RM/BM can guide you on that.

Make them an offer they can't resist 😂😂
Not an ULIP offer
Click to expand...
Believe me, I tried this for a year. I offered to bring in new funds, make an FD of 50 lakhs etc but unless you make an investment that benefits them AND, you reach the right person, it doesn't work. They will promise it but they don't actually deliver.
 
anirban.choudhury said:
Good luck to those who are separate to take a mediocre card.

HDFC is preparing the lobby for Infinia Reserve in advance

I can assume when someone can do a "investment" of 1-2 lakhs per year for Infinia can surely do a couple of more lakhs for Infinia Reserve and then some more for Infinia Super Reserve 😂😂😂.
Click to expand...
It's doesn't matter if it is devalued. I am happy to have a 8 lakh credit limit with HDFC. Secondly, yes, if they launch another card I want and the criteria is an investment of 5 or 10 lakhs per year, then, it's absolutely acceptable to me.
 
Lobogris said:
It's doesn't matter if it is devalued. I am happy to have a 8 lakh credit limit with HDFC. Secondly, yes, if they launch another card I want and the criteria is an investment of 5 or 10 lakhs per year, then, it's absolutely acceptable to me.
Click to expand...
The limit HDFC gives is generally good and quite frequent LE's too.
So what's with limit of 8 lakhs ??
 
You must log in or register to reply here.

Similar threads

T
HDFC offering infinia to regalia upgrade!
2
Replies
21
Views
2K
Avatar Aang
Avatar Aang
Back
Top