ICICI Card for Self employed

[CC_User_]

Any reference for LTF ICICI Card for Self employed. I want to keep 1 ICICI card for offers.

 

[Anupama_Jha]

Apply Amazon Pay and after approval icici will flood u with their core cards. Else no way....

 

[Infamous]

Apply Amazon Pay and after approval icici will flood u with their core cards. Else no way....

Not entirely true, I got pre approved offer from ICICI, I have a WM account and low to medium usage

 

[Fini7777]

Any reference for LTF ICICI Card for Self employed. I want to keep 1 ICICI card for offers.

there are 3 ways
1. Open an account in ICICI and wait for pre-approved offer - this may take some time and it totally depends on how u maintain the account and ur relationship with the bank

2. Apply for Amazon pay ICICI CC from amazon app use it for a few months u might get a pre approved offer from ICICI
- I'm in similar situation, I've Apay cc and it's been 6 months but I did not get any card offer . it totally depends on ur luck and remember that they stopped sourcing their core cards on LTF basis through twitter which most of the ppl followed few months ago

3. Apply for their cards offline and submit ITR they will review ur application.

The method I'd suggest:
open account-> apply for Amazon pay cc-> within a few months u will get any core card as pre approved and it would be mostly LTF - 99.99% works

 

[Anupama_Jha]

Not entirely true, I got pre approved offer from ICICI, I have a WM account and low to medium usage

I tried with last 3 yrs ITR, still they rejected.

 

[sunit123]

Even if Self Employed is earning 50 lakh+...Banks are vary of offering Credit Card to self employed......Try with a bank with whom you have more than decade relationship else they will reject the application

 

[Infamous]

I tried with last 3 yrs ITR, still they rejected.

Did you not get any pre approved offers so far?

 

[Anupama_Jha]

Even if Self Employed is earning 50 lakh+...Banks are vary of offering Credit Card to self employed......Try with a bank with whom you have more than decade relationship else they will reject the application

That's not the case. Except icici, all top 10 cc issuers give without income proof, without savings account

 

[Anupama_Jha]

Did you not get any pre approved offers so far?

Nothing so far 😕

 

[Infamous]

Nothing so far 😕

How long have you been with them? Your ITR ballpark?

 

[TrueColours]

Self employed ....

March, 2020 – opened savings a/c, 10k MAB
Dec, 2020 – Got pre- approved AmazonPay ICICI card with 38K limit
Oct, 2021 – First LE, 38k to 90k
Nov, 2021 – Got pre-approved LTF Coral CC
Sept, 2022 – Second LE, 90k to 3L
March, 2023 – Third LE, 3L to 4.7L
June, 2023 – Fourth LE, 4.7L to 5L
August, 2023 – Got pre-approved instaOD for saving account with 5L limit (without any charges)
March, 2024 – Got pre-approved LTF RubyX CC

 

[sunit123]

That's not the case. Except icici, all top 10 cc issuers give without income proof, without savings account

The biggest challenge for self employed is that 90% of them have same home and office address...Bank clearly mention that if the address is same, application will be rejected....

 

[Anupama_Jha]

Self employed ....

March, 2020 – opened savings a/c, 10k MAB
Dec, 2020 – Got pre- approved AmazonPay ICICI card with 38K limit
Oct, 2021 – First LE, 38k to 90k
Nov, 2021 – Got pre-approved LTF Coral CC
Sept, 2022 – Second LE, 90k to 3L
March, 2023 – Third LE, 3L to 4.7L
June, 2023 – Fourth LE, 4.7L to 5L
August, 2023 – Got pre-approved instaOD for saving account with 5L limit (without any charges)
March, 2024 – Got pre-approved LTF RubyX CC

Wooow 😮
Avg bal maintained in account and total credits per month??

Any income docs asked/given to bank?

 

[TrueColours]

Wooow 😮
Avg bal maintained in account and total credits per month??

Any income docs asked/given to bank?

Monthly: inflows Rs.50k to 80k and outflows 30k to 50k
No income docs
No ITR

 

[Fini7777]

Self employed ....

March, 2020 – opened savings a/c, 10k MAB
Dec, 2020 – Got pre- approved AmazonPay ICICI card with 38K limit
Oct, 2021 – First LE, 38k to 90k
Nov, 2021 – Got pre-approved LTF Coral CC
Sept, 2022 – Second LE, 90k to 3L
March, 2023 – Third LE, 3L to 4.7L
June, 2023 – Fourth LE, 4.7L to 5L
August, 2023 – Got pre-approved instaOD for saving account with 5L limit (without any charges)
March, 2024 – Got pre-approved LTF RubyX CC

My mother is self-employed and she too has a similar trend in LE and pre-approved CCs after opening her account in 2021

In ICICI without an account, it's not that easy to acquire a CC for a self-employed person even his/her credit profile is excellent
this is what I observed in the last 3-4 yrs

 

[CC_User_]

Applied for Amazon Pay card today and physical Aadhar KYC agent visited today itself. Lets see.

 

[CC_User_]

Alsoo found Alumni program for core card. Have applied for coral and got call also. They asked me wait until Amazon Pay card status is updated as 2 card cannot be processed together.