Saw some Twitter posts about Infinia reserve, even from @TechnoFino. And some put Smartbuy privilege snapshot showing it between DCB and Infinia and jokes around it. Any information around it?
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Infinia reserve from HDFC?
- Thread starter thanix
- Start date
Absolutely agree. Most ppl know nothing about cc and it’s reward structure.
My first post on this forum, but this one caught my attention.
My hunch is they will rebrand the plastic Infinia to Reserve, keep metal as as the true Infinia, and then start adding distinguishing features and offerings on Metal not available on Reserve. Right now it's a royal mess where people who pay 10k (or even LTF) get the same benefits as those who pay 12.5k.
My hunch is they will rebrand the plastic Infinia to Reserve, keep metal as as the true Infinia, and then start adding distinguishing features and offerings on Metal not available on Reserve. Right now it's a royal mess where people who pay 10k (or even LTF) get the same benefits as those who pay 12.5k.
Sachs
TF Select
Good part is cv silver tier for 2500/- card fee
This is real... but don't have any Information about the card benefits or RP system.
I'll post update if I get anything
I'll post update if I get anything
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Above infinia is confirmed?
Looks like for now. As per him he got info from a very strong source which can't be revealed as of now.
Anyways it's hightime hdfc comes up with a better card than Infinia to fight with Magnus. Because many of hdfc's long lasting and loyal customer base has shifted to Magnus. And many are shifting as we speak.
So I also expect it to be above Infinia.
Some folks are saying it should be named as Infina Preserve instead of Reserve 😛
Guys My opinion:
AXIS - Reserve Bole to Topper
Amex - Reserve is Sidekick of actual Platinum charge with lower benefits
HDFC - $$#$%#
may be HDFC team is closely watching these threads and will position this accordingly. Well there has been no original thinking from HDFC for a long time.
or Some Big Bang expected...
What's say 😛..
AXIS - Reserve Bole to Topper
Amex - Reserve is Sidekick of actual Platinum charge with lower benefits
HDFC - $$#$%#
may be HDFC team is closely watching these threads and will position this accordingly. Well there has been no original thinking from HDFC for a long time.
or Some Big Bang expected...
What's say 😛..
Also i think HDFC should think of a new word .. and not use "reserve".
Else it will be a confused and follower instinct launch not of a market leader..
Else it will be a confused and follower instinct launch not of a market leader..
Maybe when hdfc and hdfc Bank merge then they may announce it as a new offering.
May be.
Though its not related but just for the big list of new things with merger. It's in progress btw...expected to be completed by FY end.
subh subh bolo ( Hope it is not true. Holding LTF Infinia)
CARDBITRAGE
TF Legend
Credit card fees just about cover their basic expenses. Money is typically made by MDR, interest and penalty. Let's say someone utilises 25k of their limit and makes timely payments on their card every month. So essentially, the bank is earning 1.5-2% every month on that 25k component. That is an insane return on capital of 18-24% per annum. The math gets even more exciting for them when people miss their payments(18-48% per annum). Now the penetration of credit cards is just 5% in India, and with the rise of the Indian middle class, banks are betting big on CC market. So we will continue to see some great offerings in the future as well.
IMO their CC product management screwed up the Infinia Metal launch very badly — and surely Covid + RBI ban didn't help at all. To this day, there has been no attempt to fix the ambiguity between the PVC and Metal variant, so it's not clear what they were thinking when launching Metal. So I expect them to make some strategic moves to finally clear up their super premium product line up in terms of pricing and reward structure, and also take some bold decisions about the place of the PVC Infinia and handling customers still holding LTF cards.
The other angle to this is for purely selfish reasons. While how the new product ends up looking like is anybody's guess at this point, as an owner of the Metal, I do hope that the Reserve is an inferior card. I honestly don't want to go through the hassle of begging for an even higher-end card from them, because I also know that I won't be able to stay happy knowing that I no more have the best card from HDFC 🙂
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