IDFC Diamond Reserv Credit Card

[abyclassic]

After recent devaluation of IDFC First Wealth Credit Card, IDFC launched Diamond Reserv credit card. This looks like a paid version of the earlier Wealth CC, with extra feature of 0% forex.

Diamond Reserve Page | IDFC FIRST Bank

www.idfcfirst.bank.in

 

[Aniket Sharma]

After recent devaluation of IDFC First Wealth Credit Card, IDFC launched Diamond Reserv credit card. This looks like a paid version of the earlier Wealth CC, with extra feature of 0% forex.

Diamond Reserve Page | IDFC FIRST Bank

www.idfcfirst.bank.in

Superb design card, good for decoration

 

[aashuuuu]

The bank is becoming smarter. They are asking for joining fee before dispatching the card..

 

[Aniket Sharma]

The bank is becoming smarter. They are asking for joining fee before dispatching the card..

When they launched mayura and ashva from then they are asking of joining fees.

Because of high cancellation of there metal cards

 

[tachniki]

Diamond reserve reminds me of Diamond Raja from Kapil show. 😁

 

[ashwinikumar900]

This isn't a metal card, right? And they are giving just a 500 rupees Amazon voucher as a joining benefit? IDFC gone bonkers.

 

[Kabir_1112]

Short term card and few hour of happiness with idfc cards

 

[abyclassic]

When they launched mayura and ashva from then they are asking of joining fees.

Because of high cancellation of there metal cards

These are not worth for the fee. They have joining & annual fees for AddOn cards also.

 

[Aniket Sharma]

These are not worth for the fee. They have joining & annual fees for AddOn cards also.

Isse better h timesblack lelo

 

[Anindya98]

Superb design card, good for decoration

Yes

The bank is becoming smarter. They are asking for joining fee before dispatching the card..

Recovering losses of Ashva & Mayura

This isn't a metal card, right?

Plastic

And they are giving just a 500 rupees Amazon voucher as a joining benefit? IDFC gone bonkers.

Learning from previous mistakes

Short term card and few hour of happiness with idfc cards

This one is a dead card at 3K fees

These are not worth for the fee. They have joining & annual fees for AddOn cards also.

Add on the same fees as Primary or only 500+GST?

 

[Giyu-san]

Can the bank ask for joining fees before activation of the card? Is there any regulating authority left in the country?

 

[abyclassic]

This one is a dead card at 3K fees

Add on the same fees as Primary or only 500+GST?

Ashva

Mayura


Diamond Reserv

 

[abyclassic]

Can the bank ask for joining fees before activation of the card? Is there any regulating authority left in the country?

I feel there are no such regulations as of now. Ideally, they should give 15 days to 1 month free period like insurances to take a decision. There were many cases where the executives offer LTF card, but issued card comes with a fee. In such cases, these cooling period will help.

 

[nh124001]

this card dont deserve any thread!!

 

[Aniket Sharma]

I feel there are no such regulations as of now. Ideally, they should give 15 days to 1 month free period like insurances to take a decision. There were many cases where the executives offer LTF card, but issued card comes with a fee. In such cases, these cooling period will help.

Yeah icici/hdfc gives you a time till you activate/statement time to decide.

 

[BhaiyaJi]

IDFC is charging for the virtual UPI card as well. I dont know what they are thinking these days

 

[nh124001]

IDFC is charging for the virtual UPI card as well. I dont know what they are thinking these days

wahi... joo hum sochte hai...lootne ka koi mauka nahi chodna chaiyee..

 

[BhaiyaJi]

Joining benefit compensate kar dete to card le lete

 

[some1anywhere]

Itne low rewarding card ke liye 3540 charge karne ki jurrat! This bank is competing with IndusInd to come up with the worst paid cards

The Joining fees will only be recovered after some months of use. At 1.67% reward rate above 20K, and 0.5% below 20K (average ~1%), we will need to spend 2 Lakhs just to recover the joining fees+99+GST to redeem the points

Plus there is no guarantee against further aggressive devaluation. Imagine paying a whopping 3500 Joining fee only to find by next year the reward rate has been further sliced by IDFC like they did even to exorbitantly priced cards like Mayura and Ashva! Whoever is deciding the reward structure and pricing of IDFC's credit card products is overpricing every card by ₹2000 to ₹2500 at least.

 

[Aniket Sharma]

Joining benefit compensate kar dete to card le lete

Haa statement me joining fee ko annual fee likh dnge