HDFC PHONEPE ULTIMO CARD

[Stephen25]

Anyone Applied Hdfc PhonePe Ultimo Credit card? It's shows Coming soon only...
Is there any direct link? To apply for it.

 

[krish11]

What about missing payments on any other bank CCs ?

Yup... I missed 1 payment in 2020 and 1 payment in 2016 in last 12 years.

Moreover i got Swiggy HDFC Card last year without any hassle.

 

[SSV]

Yup... I missed 1 payment in 2020 and 1 payment in 2016 in last 12 years

Probably they looked at this, even though it was a long time ago...

 

[HumorSimpson]

Yup... I missed 1 payment in 2020 and 1 payment in 2016 in last 12 years.

Moreover i got Swiggy HDFC Card last year without any hassle.

OMG, even the 5 year old missed payment is considered.

 

[krish11]

Probably they looked at this even though it was a long time ago...

Seems weird... If 1 missed payment for some other bank in 2020 or 1 in 2016 was a concern, then they wouldn't have approved Swiggy HDFC Card last year or Tata Neu Infinity or even DCB

 

[SSV]

Seems weird... If 1 missed payment for some other bank in 2020 or 1 in 2016 was a concern, then they wouldn't have approved Swiggy HDFC Card last year or Tata Neu Infinity or even DCB

Each bank has its own rules..
Again within the same bank each card application can have its own set of rules…

For example:
Look at sbi CB card, it has its own rules..

So, by your above experience it seems hdfc PhonePe cc is a bit more stringent than the other co branded cards you mentioned..


Granting a CC is completely at the discretion of the respective bank and it is a business decision.. no one else has the authority over it

 

[Rishabh]

Enquiries were made about 20 minutes ago..

View attachment 112330

Just got SMS about CRIF check !! So not among the lucky folks to escape the Credit check lol

 

[SSV]

Just got SMS about CRIF check !! So not among the lucky folks to escape the Credit check lol

I believe others also will get credit check hit.. some may not get notification

 

[Rishabh]

I believe others also will get credit check hit.. some may not get notification

I just don't like banks rejecting the card applications for absurd reasons after adding an enquiry into CIBIL, it pinches more 😛

 

[SSV]

I just don't like banks rejecting the card applications for absurd reasons after adding an enquiry into CIBIL, it pinches more 😛

Understood...
In this scenario, you should wait for sometime and see if the newly launched card is given liberally or with some stringent conditions..

See they might reject even my application even though I hold infinia...
I should be ready for it..

 

[itzmycard]

atleast they didn't do credit check for Ultimo/Uno eligibility...

 

[Rishabh]

Understood...
In this scenario, you should wait for sometime and see if the newly launched card is given liberally or with some stringent conditions..

See they might reject even my application even though I hold infinia...
I should be ready for it..

Agree and in same boat, having Infinia & DCB but still no guarantee will see Ultimo getting added to list lol

 

[Boy 07]

Seems weird... If 1 missed payment for some other bank in 2020 or 1 in 2016 was a concern, then they wouldn't have approved Swiggy HDFC Card last year or Tata Neu Infinity or even DCB

one bank Reported one late payment in 2020 in my cibil and i cound not see and got 11 cards of other bank without any problam then i applied for sbi card they fatched my cibil from 2020 and declined while saying that other financial institution has negative tagging in your cibil in 2020 so i try to know who is he ? when i got the name of bank i collect all the revelent proof and got it rectified .

 

[giridhari]

Got approval message. No CIBIL check.

How to know the annual charges?

 

[SSV]

Got approval message. No CIBIL check.

How to know the annual charges?

Congratulations 🎊

Wait firvthe physical delivery about annual fee waiver...

When did you apply? Any existing hdfc cc?

 

[krish11]

Each bank has its own rules..
Again within the same bank each card application can have its own set of rules…

For example:
Look at sbi CB card, it has its own rules..

So, by your above experience it seems hdfc PhonePe cc is a bit more stringent than the other co branded cards you mentioned..


Granting a CC is completely at the discretion of the respective bank and it is a business decision.. no one else has the authority over it

I Spoke to CS team and they said that apart from core card, currently they are allowing 2 other co-branded cards but they still cant say about this policy for sure. They asked me to write an email to grievance redressal to have more clarity on reason of rejection as repayment track

 

[Rishabh]

Weird thing happened just now -
Got an SMS on my family member's number regarding CIBIL check done by HDFC some moment ago but there was no card application made at all for any HDFC cards. 2 days ago just checked PhonePe app to see if HDFC Card option available or still showing coming soon.

This is a craziest thing to encounter with CIBIL check done without any card application in place.

 

[SSV]

I Spoke to CS team and they said that apart from core card, currently they are allowing 2 other co-branded cards but they still cant say about this policy for sure. They asked me to write an email to grievance redressal to have more clarity on reason of rejection as repayment track

CS team will have no clue..
Just write to the higher authorities

 

[Rishabh]

CS team will have no clue..
Just write to the higher authorities

Yes will raise the dispute once latest report is available for refresh. And will drop email to Grievance team of HDFC.

 

[SSV]

Yes will raise the dispute once latest report is available for refresh. And will drop email to Grievance team of HDFC.

Your application was also rejected??

 

[Donald J. Trump]

Your application was also rejected??

@SSV Sir Quick question:

1) I closed Tata Neu + within the last 45-60 days and I heard that there's a cooldown period of 6 months before applying any new card. So in case if I apply this card, even though floater through Phonepe app, what are the chances that this would be rejected?

2) Should i just wait for the end of FY when they might bring LTF Offer? I understand no guarantees for the LTF offer. But what should I do about this?