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Issue Resolved How I got my HDFC Swiggy CC LTF as a floater on TataNeu CC

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shashankverma

shashankverma

TF Premier
I already hold HDFC Tata Neu Infinity with a credit limit of 2.9 Lacs
When I received LTF notification on swiggy app I applied instantly and HDFC rejected my card within few hours.
On reaching out to customer service email I was informed that the card was rejected as I already hold HDFC cobranded credit card.
I then sent an email to Grievance desk (https://www.technofino.in/community...for-all-credit-cards-and-bank-accounts.28187/) to reconsider my application, who then asked for my payslips and then again rejected card with same reason of 1 co branded card allowed, but told me that I can apply as a floater card.
Yesterday I sent the scanned copy of floater card application after filling in my details and application number as my old application number which they rejected after signing it. (Will attach for reference)
Today I got my instant CC generated and physical card is on the way with a message that credit limit will be updated same as my TataNeu limit within 5 days.
Hope this will help anyone who plan to apply the card in future while holding another HDFC Cobranded card.
 

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    shashankverma said:
    I already hold HDFC Tata Neu Infinity with a credit limit of 2.9 Lacs
    When I received LTF notification on swiggy app I applied instantly and HDFC rejected my card within few hours.
    On reaching out to customer service email I was informed that the card was rejected as I already hold HDFC cobranded credit card.
    I then sent an email to Grievance desk (https://www.technofino.in/community...for-all-credit-cards-and-bank-accounts.28187/) to reconsider my application, who then asked for my payslips and then again rejected card with same reason of 1 co branded card allowed, but told me that I can apply as a floater card.
    Yesterday I sent the scanned copy of floater card application after filling in my details and signing it. (Will attach for reference)
    Today I got my instant CC generated and physical card is on the way with a message that credit limit will be updated same as my TataNeu limit within 5 days.
    Hope this will help anyone who plan to apply the card in future while holding another HDFC Cobranded card.
    Click to expand...
    There might be a change in HDFC's internal policy, or there could be something missing in your situation. Because just a few months ago, I already had an HDFC Millennia card and a Tata Neo Plus card, and I also received a lifetime free Swiggy offer. I applied for it, and it was approved within two days. In my case, both the Tata Neo and Swiggy cards were approved in the same month. So, either they've changed the policy, or there is some issue with your case. Because until recently, HDFC Bank was allowing three cards, including two co-branded cards.
     
    Upvote 0 Downvote
    EnthuCC said:
    Silly question but what do "floater" and "surrogate" mean in credit cards context?
    Click to expand...
    Sure, here are the definitions of floater and surrogate in the context of credit cards:

    Floater

    In the context of credit cards, a floater card is an additional credit card issued to an existing cardholder, typically a family member or dependent. The floater card is linked to the primary cardholder's account and shares the same credit limit. This means that the available credit is shared between the primary card and the floater card.

    Surrogate

    In the context of credit cards, a surrogate is a person who provides information about another person's financial situation in order to help the bank assess their creditworthiness. This information can be used to determine whether the person is eligible for a credit card and what credit limit they should be given. Surrogates are typically family members or friends who are familiar with the person's financial situation.
    Here are some additional points to keep in mind about floater and surrogate cards:

    * Floater cards are often used by families to manage their finances and provide their children with access to credit.

    * Surrogates can be helpful for people who are new to credit or who have limited credit history.

    * It is important to note that surrogates are not legally responsible for the debts incurred on the credit card. However, they may be held responsible if they provide false or misleading information about the person's financial situation.
     
    Upvote 0 Downvote
    vaibhavchits said:
    Hi guys,

    Went through the entire thread, I just applied using Swiggy looking at the LTF offer. But got rejected without any reason.
    I already have SBI cashback and HSBC live+ which fullfills all the benifits that HDFC swiggy is providing and more.

    Does HDFC Swiggy card still makes sense for me ?

    And I wish to apply for HDFC IRCTC Card but it's always giving me an error saying you've already applied for a credit card. My Tata neu infinity was approved more than 8 months ago.

    Will they approve two floater cards within 6 months if I apply for both.
    Click to expand...
    Brother did you get hsbc live plus as lifetime free?
     
    Upvote 0 Downvote
    shashankverma said:
    I already hold HDFC Tata Neu Infinity with a credit limit of 2.9 Lacs
    When I received LTF notification on swiggy app I applied instantly and HDFC rejected my card within few hours.
    On reaching out to customer service email I was informed that the card was rejected as I already hold HDFC cobranded credit card.
    I then sent an email to Grievance desk (https://www.technofino.in/community...for-all-credit-cards-and-bank-accounts.28187/) to reconsider my application, who then asked for my payslips and then again rejected card with same reason of 1 co branded card allowed, but told me that I can apply as a floater card.
    Yesterday I sent the scanned copy of floater card application after filling in my details and signing it. (Will attach for reference)
    Today I got my instant CC generated and physical card is on the way with a message that credit limit will be updated same as my TataNeu limit within 5 days.
    Hope this will help anyone who plan to apply the card in future while holding another HDFC Cobranded card.
    Click to expand...
    What to fill in the application number?
     
    Upvote 0 Downvote
    I still haven't figured out which is my floater card.

    First got Business MoneyBack LTF pre-approved via netbanking. Then got Tata Neu Plus FYF via Neu app. So I thought Neu Plus was floater card.

    Then I upgraded Neu Plus FYF to Neu Infinity LTF over email request. It would still remain a floater card right?

    Then I closed Business MoneyBack. Tata Neu Infinity LTF remained active even though the lady confirming final closure of Business MoneyBack said my Neu card will also get closed. I didn't believe her and said close Business MoneyBack.

    Then got Swiggy LTF via Swiggy app. So again which one is the floater card? 😆

    Finally was constantly being declined via HDFC official online channel to a core CONSUMER card (since Business MoneyBack doesn't work on instant discounts). Branch/offline/C2C also declined saying I can't get Millennia as a floater card since I've 2 cobranded now.

    So I tried via Paytm route in this recent November 2024 special offer. Got Freedom card via Paytm (which is a core card) LTF. So again, which one is a floater card? 🤣

    Have all 3 LTF now - Freedom, Swiggy and Neu Infinity. I plan to upgrade Freedom to Millennia FYF later (since they won't directly give LTF upgrade), but I still dunno which one is a floater card especially since the very first card I got was closed after getting what I thought WAS the floater card. 😆
     
    Last edited:
    Upvote 0 Downvote
    anonymuos said:
    I still haven't figured out which is my floater card.

    First got Business MoneyBack LTF pre-approved via netbanking. Then got Tata Neu Plus FYF via Neu app. So I thought Neu Plus was floater card.

    Then I upgraded Neu Plus FYF to Neu Infinity LTF over email request. It would still remain a floater card right?

    Then I closed Business MoneyBack. Tata Neu Infinity LTF remained active even though the lady confirming final closure of Business MoneyBack said my Neu card will also get closed. I didn't believe her and said close Business MoneyBack.

    Then got Swiggy LTF via Swiggy app. So again which one is the floater card? 😆

    Finally was constantly being declined via HDFC official online channel to a core CONSUMER card (since Business MoneyBack doesn't work on instant discounts). Branch/offline/C2C also declined saying I can't get Millennia as a floater card since I've 2 cobranded now.

    So I tried via Paytm route in this recent November 2024 special offer. Got Freedom card via Paytm (which is a core card) LTF. So again, which one is a floater card? 🤣

    Have all 3 LTF now - Freedom, Swiggy and Neu Infinity. I plan to upgrade Freedom to Millennia FYF later (since they won't directly give LTF upgrade), but I still dunno which one is a floater card especially since the very first card I got was closed after getting what I thought WAS the floater card. 😆
    Click to expand...
    In HDFC when you get a floater card it just means that your credit limit is floating.
    Doesn't mean that you have a primary card and others are linked card.
    At any time you can close your old card and your new cards still works.
    Check the FAQ doc attached to OP.
    All card accounts are considered separate and only the card limit is floating.
     
    Apply For LTF HDFC Swiggy Credit Card
    Upvote 0 Downvote
    shashankverma said:
    In HDFC when you get a floater card it just means that your credit limit is floating.
    Doesn't mean that you have a primary card and others are linked card.
    At any time you can close your old card and your new cards still works.
    Check the FAQ doc attached to OP.
    All card accounts are considered separate and only the card limit is floating.
    Click to expand...
    Great! So now that I've a core card, I've broken through the impenetrable fortress that is HDFC Bank with cobranded cards first and no core card. I should be able to get Millennia or better card upgrade later I hope.
     
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