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LTF CC if annual income/salary is 50 lacs plus
- Thread starter anupsatda
- Start date
BOB ETERNA, multiple IndusInd and ICICI cards
It is not anymore from October 1st
Most of ICICI cards are cringe, you can get DCB LTF or Infinia FYF with that salarie because my father was offered DCB LTF.
No axis super premium cards are likely to be LTF even with that salary. Only good card would be magnus if you spend 15 L in a year and 1L each month
No axis super premium cards are likely to be LTF even with that salary. Only good card would be magnus if you spend 15 L in a year and 1L each month
But for this card HSBC premier u need to have HSBC premier relationship. You cannot apply directly credit card i think as per website?
Probably keep in mind that many banks consider only the salary component, not stocks. When I was applying for a CC @HDFC, they flat out refused to consider any stocks and variable pay. They just asked for salary slip as proof, and told that variable pay may be considered if you're on the fence, but stocks are never considered
Are you guys saying this because you feel like there should be good private Debit Cards catering to all credit card needs(for individuals earning >50LPA), or do you know people who actually have private debit cards at par with the best CCs like Infinia, Magnus, Reserve, Amex PlatRes etc? Is there a post where we can read about this, or anyone who can confirm this?
Nemesis
TF Premier
Premium credit card have some perks over premium debit card, i do not deny 😁.... but if you are having so much earning they are kind of negligible. No financially good billionaire holds a credit card. OP hope you get that 😉
Just ask how many VIP really care for the fees of premium cards? LTF is no barrier for them... they usually cross the wavier condition.
Thanks.
But is there a post/thread/article where we can read further about this[which has concrete details about the debit cards, the criteria etc]? Or anyone in this forum who own such debit cards and can justify this?
At some point of time, I think most of us are gonna cross the 50LPA barrier. Be it 5, 10 or 15 years from now. So this info will benefit all of us at some point.
50 LPA is similar to 30-35 LPA. What I mean to say is that for banks these are just brackets. Most of the banks offer their most premium products at approx 2.5 L net salary. So where ever you go over and beyond this, it doesn't matter.
Now the next game begins when we start talking in terms of Crs. For instance Axis Burgundy Black where you need TRV > 5cr and they issue you one single card which can be used as both debit and credit card across the globe.
So I believe you would have reached 50 after crossing 30-35LPA so you might already have what the banks have the best to offer you.
Now the next game begins when we start talking in terms of Crs. For instance Axis Burgundy Black where you need TRV > 5cr and they issue you one single card which can be used as both debit and credit card across the globe.
So I believe you would have reached 50 after crossing 30-35LPA so you might already have what the banks have the best to offer you.
People get LTF upper mid tier cards even if they don't suffice income brackets without existing relationship with any particular bank except Axis.
As per my understanding, yes. I might be wrong, we are all here to share experiences and learn.
Tell that to idfc.. ffs offering Millennia to me I am still hurting from that memory 🥲
Nemesis
TF Premier
sab saath mai toh nahi dekh rahe thee lottery mai kya niklega 😆
Side note... 50L+ walo kuch trick do for salary jump, baas yahi criteria full nahi ho raha... baaki CIBIL sab set hai
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