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.

 

[SSV]

@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?

W A I T ...

 

[Donald J. Trump]

W A I T ...

For your reply or that's the reply itself 😅

I guess the latter one. Isn't it?

 

[SSV]

For your reply or that's the reply itself 😅

I guess the latter one. Isn't it?

wait for the card

 

[Rishabh]

Your application was also rejected??

No, this was regarding CIBIL check on other member's account even though no card was applied.

 

[SSV]

No, this was regarding CIBIL check on other member's account even though no card was applied.

okay .. good..
for some strange reason our applications went in a different workflow...

 

[Rishabh]

Update (Good one) - My Ultimo Card request finally got approved 🙂 @SSV

 

[SSV]

Update (Good one) - My Ultimo Card request finally got approved 🙂 @SSV

wonderful...
congratulations...

so it is me only ended up the last to get decision and the almost the first one to apply for it... 😉

 

[Rishabh]

wonderful...
congratulations...

so it is me only ended up the last to get decision and the almost the first one to apply for it... 😉

Thank you 😛

Seems they have implemented Stack approach and not a queue 😉
Metal is always heavier than Plastic so would be requiring heavy processing in your case lol !!

 

[SSV]

Thank you 😛

Seems they have implemented Stack approach and not a queue 😉
Metal is always heavier than Plastic so would be requiring heavy processing in your case lol !!

when did you receive the approval email?

 

[Rishabh]

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.

I also have one blot in my CIBIL for missing 1 payment of just 200rs that too for HDFC card and always regret about it. It happened because of some failure in payment at Mobikwik. But this didn't impacted my Ultimo card approval, so there is no fixed algorithm bank is following to approve/reject !!

 

[iamvk]

wonderful...
congratulations...

so it is me only ended up the last to get decision and the almost the first one to apply for it... 😉

I waiting from Friday night 😔

 

[Rishabh]

when did you receive the approval email?

6:29pm to be precise 🙂

 

[SSV]

I waiting from Friday night 😔

I am senior to you.. I have been waiting from Thursday night..
atleast we both have some company to each other !! 😉

 

[Rishabh]

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

For me after Ultimo approval - 2 Core cards (Infinia + DCB) & 2 Co-Branded (Neu Infinity + PhonePe Ultimo).
Had Swiggy card as well last year in between for 11 months then closed it !!

 

[SSV]

I waiting from Friday night 😔

6:29pm to be precise 🙂

I am senior to you.. I have been waiting from Thursday night..
atleast we both have some company to each other !! 😉

 

[Rishabh]

View attachment 112355

For me card application email date is 11th Oct 12:08am 🙂
R comes before S in alphabetical order 😉 Decision must be reaching sooner to you !!!

 

[SSV]

For me card application email date is 11th Oct 12:08am 🙂
R comes before S in alphabetical order 😉 Decision must be reaching sooner to you !!!

lets see.

I haven't applied for any CC for more than 1 year.. I am way way over leveraged.. hence started feeling a bit unsure...
Recently I closed a few cards...
lets see what happens.. these phonepe cards are really good while the benefits last...
congrats again..

 

[Rishabh]

For me card application email date is 11th Oct 12:08am 🙂
R comes before S in alphabetical order 😉 Decision must be reaching sooner to you !!!

View attachment 112355

Or bank might be looking to customize Metal variant of Ultimo for you before sending approval haha

 

[Rishabh]

lets see.

I haven't applied for any CC for more than 1 year.. I am way way over leveraged.. hence started feeling a bit unsure...
Recently I closed a few cards...
lets see what happens.. these phonepe cards are really good while the benifts last...
congrata again..

SBI has insulted many by declining Black card for being over-leveraged; and also gave the motivation now to look back to the cards drawer and close the ones rotting in junk lol
Next goal to get the Black card from SBI...

 

[SSV]

SBI has insulted many by declining Black card for being over-leveraged; and also gave the motivation now to look back to the cards drawer and close the ones rotting in junk lol
Next goal to get the Black card from SBI...

yeah.. I too will close all unwanted cards and apply for SBI card, if I dont get this HDFC PP card..
lets see what happens..

But the problem is: these banks are reporting multiple CLs for the number of other cards that we hold with them..

that is causing the overleverage problem