New Super Premium/Premium Credit Card recommendation

[slimshady]

Do credit cards in western countries like USA do provide such good reward system as seen in Infinia, Atlas and M4B?
Or is India getting such benefits because we are at nascent stage of CC. So each year as we grow, the CC gets devalued

From what I have seen, they actually have better rewards. Even the mid-tier cards are pretty good.
But there are too many factors that must be taken into account for this, so not as straight forward as one would imagine.

 

[slimshady]

just get it via pre-approved method.

To do that, Atlas must be pre-approved, which it is not. Hence I applied in the first place

 

[newinnov]

Do credit cards in western countries like USA do provide such good reward system as seen in Infinia, Atlas and M4B?
Or is India getting such benefits because we are at nascent stage of CC. So each year as we grow, the CC gets devalued

The same struggle everywhere-



Though US / EU cards has high joining and annual fees compared to India

 

[drabhishek90]

Strange. there was a YouTube video with Axis CC head who said that since a bunch a people in India try to monetise and do illegal transactions like False rent payments, so we had to devalue our cards.
Doesn’t it happen in western countries?

From what I have seen, they actually have better rewards. Even the mid-tier cards are pretty good.

 

[slimshady]

Strange. there was a YouTube video with Axis CC head who said that since a bunch a people in India try to monetise and do illegal transactions like False rent payments, so we had to devalue our cards.
Doesn’t it happen in western countries?

My personal view is that in India we tend to bend the rules to extract as much as possible from a product, which is not necessarily the case in all countries.

 

[drabhishek90]

My personal view is that in India we tend to bend the rules to extract as much as possible from a product, which is not necessarily the case in all countries.

Could be. Let’s see what others have to say in this matter. I’m a novice for foreign CC

 

[drsel]

Could be. Let’s see what others have to say in this matter. I’m a novice for foreign CC

Foreign credit cards do not have better rewards structure and to make it worse, they are really really expensive

 

[drabhishek90]

Foreign credit cards do not have better rewards structure and to make it worse, they are really really expensive

That’s what I thought. This is the future of indian CC market.

 

[Dobbiee]

The same condition was with me a year earlier, then RM suggested to upgrade for regalia gold and then ask for upgrade as I had only 2.1 lacs limit on millennia, I took the upgrade to Regalia Gold with increase in limit to 3 lacs and spend 6 lacs till now in 5 months will approach to grievance next month for upgrade to dcb as they aren't listening now, i tried 4 days ago but they are rejecting every request now.

First criteria to upgrade to DCB would be credit limit of minimum 5 lacs on your current card.
HDFC wont move without it. Try for that first.

 

[aniketkr.sharma]

First criteria to upgrade to DCB would be credit limit of minimum 5 lacs on your current card.
HDFC wont move without it. Try for that first.

I asked to upgrade my limit, I also made a fixed deposit of 2.5 lakhs so that 80% of it will minimum fulfill my credit limit criteria, but they still not preferring that and rejected the request.

 

[Anupama_Jha]

I asked to upgrade my limit, I also made a fixed deposit of 2.5 lakhs so that 80% of it will minimum fulfill my credit limit criteria, but they still not preferring that and rejected the request.

They deserve only such type of customers.

Post in thread 'SBI Recognised as the Best Bank of 🇮🇳'

Dec 11, 2024

Check out this. Exclusively crafted for @HumorSimpson and @anonymuos

• Anupama_Jha

 

[newinnov]

I asked to upgrade my limit, I also made a fixed deposit of 2.5 lakhs so that 80% of it will minimum fulfill my credit limit criteria, but they still not preferring that and rejected the request.

You specifically asked for lien and still they refused it! HDFC must be floating in FDs then... 😳

They deserve only such type of customers.

Post in thread 'SBI Recognised as the Best Bank of 🇮🇳'

Dec 11, 2024

Check out this. Exclusively crafted for @HumorSimpson and @anonymuos

• Anupama_Jha

HDFC is very sensitive towards its #1 position among card issuer. The moment it starts to leg behind... it opens the flood gates, and these type of customers get in.

 

[aniketkr.sharma]

You specifically asked for lien and still they refused it! HDFC must be floating in FDs then... 😳

Yes, maybe they are flooding with fds but there are few customers who want to make there unsecured card to half secured, i think some of them don't even read our emails they are just sending generic replies with rejection.

I may need to go for escalations to pno

 

[theXfactor]

Strange. there was a YouTube video with Axis CC head who said that since a bunch a people in India try to monetise and do illegal transactions like False rent payments, so we had to devalue our cards.
Doesn’t it happen in western countries?

In our country, a good no. of people are less honest but more loyal while in western countries it's the other way round.

 

[aniketkr.sharma]

In our country, a good no. of people are less honest and more loyal while in western countries it's the other way round.

200% right western never depends and move on with there honesty