Indusind indulge credit card

[Odugu Narasimha Rao]

I am going to take indulge credit card against fixed deposit tomorrow is it better to take this card with 5 lakhs limit because in future i will take another bank credit cards via C2C is possible with this fd card, I am hoping in future I will get same limit on another bank credit card via C2C with this fd card?

 

[Deleted member 11974]

Why bro why ?

c2c are done through agent and when they process it they wont be able to process an unsecured card on secured card basis.
if it is an unsecured card then another bank will also be ready to underwrite the risk based on thier risk mechanism and another banks risk underwriting
but in this case where it is a secured card even though cibil mentions it as unsecured the bank hasnt taken any risk with you
2 reason
in case of default your fd gets liquidated
and the fd will always have a lien until and unless you have a cc against it

 

[Deleted member 11974]

ask

Are u sure bro

the bank employee itself if you wish

 

[pprakash11]

c2c are done through agent and when they process it they wont be able to process an unsecured card on secured card basis.

But how do the agent verify that its a secured card or unsecured ??

 

[Odugu Narasimha Rao]

But how do the agent verify that its a secured card or unsecured ??

Yes I have this doubt

 

[Deleted member 11974]

But how do the agent verify that its a secured card or unsecured ??

for instance they will ask income proof or ITR for instance.
and there must be some differnce between a secured and unsecured card at the bank end.
otherwise this will lead to 2008 2.0 situation

 

[Deleted member 11974]

because people who may or may not be credit worthy also will be given credit which raises the risk of default

 

[pprakash11]

for instance they will ask income proof or ITR for instance.
and there must be some differnce between a secured and unsecured card at the bank end.
otherwise this will lead to 2008 2.0 situation

Obviously the person would have ITR / Salary slips.
But seems there's no distinction between unsecured and secured cards as far as Cibil doesn't distinguishes

 

[Deleted member 11974]

Obviously the person would have ITR / Salary slips.
But seems there's no distinction between unsecured and secured cards as far as Cibil doesn't distinguishes

logically there should be a difference in reporting
otherwise you wont be able to differentiate

 

[Odugu Narasimha Rao]

Obviously the person would have ITR / Salary slips.
But seems there's no distinction between unsecured and secured cards as far as Cibil doesn't distinguishes

Yes Okay then I will check vimal Raj he is axis bank employee i think

 

[pprakash11]

logically there should be a difference in reporting
otherwise you wont be able to differentiate

Mystery continues

 

[V360V360 is verified member.]

Guys - not sure if anyone has shared unboxing pic on this forum for IndusInd Indulge Credit Card.

Super thanks to @RS1910 - he managed by application process seamlessly.

@jack333 - thank you for introducing him on this forum - I had my doubts but Rajesh was really helpful and I would suggest everyone to connect with him incase you need a super premium credit card in your kitty.

Now coming to the application, I had a super useless card - called as Legend from IndusInd Bank and was offered a meagre limit of 75K (even though I have super premium credit cards from different Banks and highest limit reported on CIBIL was significantly north of 75K).

Did push their customer care Team, however they did not budge and finally I closed my Legend Credit Card.

Was trying for Indulge and Heritage metal by talking to different BMs - however they were not helpful at all.

Note - Indulge though it is LTF for me now, it has a one time joining fee and you get compensated with vouchers for the amount paid by you. Please weigh in your options and then take a call.

To all thinking IndusInd cards are not premium and paying a hefty fees is illogical, but can you stop a card collector from take a plunge

 

[jack333]

Guys - not sure if anyone has shared unboxing pic on this forum for IndusInd Indulge Credit Card.

Super thanks to @RS1910 - he managed by application process seamlessly.

@jack333 - thank you for introducing him on this forum - I had my doubts but Rajesh was really helpful and I would suggest everyone to connect with him incase you need a super premium credit card in your kitty.

Now coming to the application, I had a super useless card - called as Legend from IndusInd Bank and was offered a meagre limit of 75K (even though I have super premium credit cards from different Banks and highest limit reported on CIBIL was significantly north of 75K).

Did push their customer care Team, however they did not budge and finally I closed my Legend Credit Card.

Was trying for Indulge and Heritage metal by talking to different BMs - however they were not helpful at all.

Note - Indulge though it is LTF for me now, it has a one time joining fee and you get compensated with vouchers for the amount paid by you. Please weigh in your options and then take a call.

To all thinking IndusInd cards are not premium and paying a hefty fees is illogical, but can you stop a card collector from take a plunge

Yes i have also applied for indulge through @RS1910 by paying the one time fee and getting the equivalent vouchers. He has also agreed to get me LTF Eazydiner by splitting the limit of indulge. Really a very resourceful person indeed

 

[gamersgzb]

Yes i have also applied for indulge through @RS1910 by paying the one time fee and getting the equivalent vouchers. He has also agreed to get me LTF Eazydiner by splitting the limit of indulge. Really a very resourceful person indeed

How much was the amount you paid for indulge and which brands vouchers did you get?

 

[jack333]

Its our choice. I've opted for Vouchagram and luxe. We can get postcard hotel and Oberoi also

 

[Deleted member 11974]

How much was the amount you paid for indulge and which brands vouchers did you get?

for ltf you need to pay 100k

 

[jack333]

It was 90k for LTF earlier then it became 100k now its equivalent to pioneer metal heritage price of 2l for LTF because addons also get unlimited international lounge through priority pass

 

[jack333]

How much was the amount you paid for indulge and which brands vouchers did you get?

I got 100k vouchers by paying 90k

 

[pprakash11]

I got 100k vouchers by paying 90k

You got indulge ?

100k Non-Essentials ?

 

[ARV]

I got 100k vouchers by paying 90k

Did you give income docs or C2C, if C2C what it the CL required

 

[jack333]

Indulge base limit is 5l. You can apply card to card by any card with limit more than that