Infinia My Journey from HDFC Business MoneyBack Rejection to Infinia in Just 1.5 Years

[noobdipesh]

From HDFC Rejection to Infinia: A 1.5-Year Journey

1. Rejection
In mid-2021, I was offered a pre-approved HDFC Business MoneyBack credit card. Confidently applied, but it was rejected. A reality check.


2. New Start: Paytm Select
On 22nd September 2022, I applied for the HDFC Paytm Select credit card. It was approved with a ₹2 lakh limit. Started using it responsibly to build credibility.


3. Credit Limit Upgrade
In July 2023, I requested a limit increase based on my ITR. HDFC approved a massive jump from ₹2 lakhs to ₹8 lakhs. A 6-lakh boost!


4. Infinia Offer
After the limit upgrade, HDFC informed me I was eligible for Infinia. However, I delayed applying as I had already spent enough on Paytm Select to waive its annual fee.


5. Why Infinia?
On 4th September before I requested them to upgrade my card to INFINIA , @jack333 explained Infinia’s unique perks—1:1 redemption ratio for Tanishq vouchers and Apple products, plus unmatched travel and lifestyle privileges.

6. Final Upgrade
With DCB already in my family, upgrading to Infinia became the next logical step once I understood its true value.

Key Takeaways:

• Use cards responsibly to build trust with banks.
• Credit limit upgrades are key for premium card eligibility.
• Study card benefits before upgrading to ensure it aligns with your spending pattern.

Infinia isn’t just a card; it’s a tool for maximizing financial potential.


ChatGPT has been used to write this.


Edit #1: Just received the card.
Edit #2: I have edited the post to be to the point and have shortened it.

 

[noobdipesh]

I didn't get how a pre approved card was rejected by HDFC?
I have never seen LE from 2L to 8L. I guess the ITR required for Infinia might probably be around 40-42L and there are people who despite having this ITR have not received any credit limit enhancement offer. Also, there are some cases where people having only HDFC Regalia and using it regularly have more than 8L limit on regalia.
HDFC Credit cards department is really weird.

They were giving me 8L LE (2L to 10L) but I didn't accept that, and later they declined to give 8L LE and i had to go with 6L LE.

 

[D₹V]

They were giving me 8L LE (2L to 10L) but I didn't accept that, and later they declined to give 8L LE and i had to go with 6L LE.

Wah bhaiya sone ke katore ko thukra diya 🤣.

@VISHESH_BANSAL @0xfallup

 

[noobdipesh]

Wah bhaiya sone ke katore ko thukra diya 🤣.

@VISHESH_BANSAL @0xfallup

Thora jyada enquiry tha us month me and 2-3 mahine baad wo phir sirf 6L LE diye. Koi na increased ITR se fir karunga try is baar 10L touch hojana chahiye.

 

[devsfinance]

Thora jyada enquiry tha us month me and 2-3 mahine baad wo phir sirf 6L LE diye. Koi na increased ITR se fir karunga try is baar 10L touch hojana chahiye.

What should be the amount of ITR for such high LE?

 

[noobdipesh]

What should be the amount of ITR for such high LE?

50L (approx) .

 

[Salvo08]

I didn't get how a pre approved card was rejected by HDFC?
I have never seen LE from 2L to 8L. I guess the ITR required for Infinia might probably be around 40-42L and there are people who despite having this ITR have not received any credit limit enhancement offer. Also, there are some cases where people having only HDFC Regalia and using it regularly have more than 8L limit on regalia.
HDFC Credit cards department is really weird.

With HDFC it is possible to go from 2L to 8L and that too without any income proof.

 

[noobdipesh]

With HDFC it is possible to go from 2L to 8L and that too without any income proof.

If you are asking me then i had sent my ITR along with computation of income.

 

[vaibhav111vaibhav111 is verified member.]

With HDFC it is possible to go from 2L to 8L and that too without any income proof.

They would ask for income proof.

 

[Salvo08]

They would ask for income proof.

They never asked from me personally, I always got the option of limit enhancement. They ask for income proof if you request for LE.

 

[PaarthBansal]

Introduction

Life is often unpredictable, and financial journeys are no exception. My journey from getting rejected for the pre-approved HDFC Business MoneyBack credit card to achieving the coveted HDFC Infinia card within a mere 1.5 years is a testament to the power of persistence, financial planning, and understanding the credit landscape.

The Initial Setback

Around 1.5 years ago, I was excited to receive a pre-approved offer from HDFC Bank for their Business MoneyBack credit card. I eagerly applied, hoping to benefit from the rewards and perks it promised. However, my application was met with disappointment as it was declined. This setback served as the catalyst for my determination to improve my creditworthiness and aim higher in the credit card game.

The Paytm Select Credit Card Opportunity

Fast forward to September 22, 2022, when I applied for the Paytm Select Credit Card. To my delight, my application was approved with a generous credit limit of 2 lakhs. This was a significant milestone as it demonstrated that my financial situation had improved considerably since my previous rejection.

Credit Limit Increase Request

Over the months that followed, I responsibly used my Paytm Select Credit Card, making timely payments and keeping my credit utilization low. By July 2023, I decided it was time to request a credit limit increase. Armed with my updated Income Tax Return (ITR), I submitted the request and was pleasantly surprised when my credit limit was increased to 8 lakhs, a remarkable jump of 6 lakhs. This credit limit boost made me realize that I was now eligible for the prestigious HDFC Infinia credit card.

The Opportunity for Infinia

Upon learning of my eligibility for the HDFC Infinia card, I was excited but decided to hold off on the application. The reason behind this decision was the realization of the spends i have completed to get annual fee waiver on Paytm Select Credit Card.

The Importance of Redeemable Rewards

On 4th September @jack333 informed me about the unique benefits of the Infinia card. It not only offered an array of travel and lifestyle privileges but also the opportunity to redeem points for exclusive rewards, including Tanishq vouchers and Apple products at 1:1 ratio. This revelation added an extra layer of allure to the Infinia card, and I knew it was time to make the switch.

The Ultimate Decision

With a newfound understanding of the card's offerings and the realization that the Infinia card was more aligned with my financial goals, I couldn't resist the urge to try something different. Just for fun, I decided to send an upgrade request to HDFC Bank for the Infinia card late last night. Little did I expect that this playful request would turn into a delightful surprise.

As I logged into the MyCard website today, my eyes widened in astonishment when I saw that my Paytm Select Credit Card displayed a balance of 0 limit and 0 outstanding. This unexpected change was a clear sign of a card upgrade. Eager to confirm this exciting development, I quickly opened the HDFC mobile app and, to my sheer delight, found the prestigious Infinia card waiting for me.

Conclusion

My journey from rejection to achieving the HDFC Infinia credit card within 1.5 years is a testament to the power of persistence, financial discipline, and understanding the nuances of the credit card landscape. It showcases how responsible financial behavior, such as maintaining a good credit history, can open doors to premium credit cards with exclusive benefits and rewards.

In the end, it's important to remember that financial journeys are dynamic, and with the right approach, setbacks can be transformed into opportunities. My journey serves as a reminder that a setback is not a roadblock but a stepping stone to greater financial achievements.

ChatGPT has been used to write this.


Edit: Just received the card.

Can we use infinia for business expenses?

 

[vaibhav111vaibhav111 is verified member.]

Can we use infinia for business expenses?

yes but within limit don't got overboard and do multiple trnx on single merchant/single app.. plus keep personal and business mix trnx mix.