OneCard: Limit Enhancement possibilities and duration for the same?

[akshayhs]

I was just wondering if anyone with a OneCard has received a limit enhancement on their card, and if they have, how long did it take to get your limit increased?

It can be any financing partner. And also, please share your experience only if you have received an unsecured card.

 

[akshayhs]

Thanks someone Replied
I have other cards with good limit. OneCard is also oldest card in my card collection. But i have 1 main reason for keeping OneCard by Bob is forex markup charge are lowest as per other cards and it's lifetime free. My 2 other bob cards are paid variants. Thats why asking suggestion and guidance

Yeah. 1% forex charge is also one of the reasons to keep it.

I would always prefer LTF cards over paid ones if the rewards/returns balance out. Mention what other cards you have here, so that people will see and hopefully reply.

 

[paipurivamsi]

One enhancement from 1.85 K to 2.5 K(issuance Mar-22, LE in Dec-22). BP :- BoB Financial

 

[RajuBhai808]

One enhancement from 1.85 K to 2.5 K(issuance Mar-22, LE in Dec-22). BP :- BoB Financial

Do u have other bob card or only OneCard

 

[paipurivamsi]

Do u have other bob card or only OneCard

Initially got one card issued by BoB financial. Applied for BoB Select LTF in June 2020. Initially after kyc and everything application got rejected. But after follow up with BoB for two months, my application got rejected because it is showing in BoB cards that i already have one(which is onecard). After continuos follow up , ultimately BoB accepted that no other card was issued to me earlier and approved my card. It's long struggle to get my BoB application approved.

As on date, I have One card as well as BoB Select card

 

[RajuBhai808]

Initially got one card issued by BoB financial. Applied for BoB Select LTF in June 2020. Initially after kyc and everything application got rejected. But after follow up with BoB for two months, my application got rejected because it is showing in BoB cards that i already have one(which is onecard). After continuos follow up , ultimately BoB accepted that no other card was issued to me earlier and approved my card. It's long struggle to get my BoB application approved.

As on date, I have One card as well as BoB Select card

I have also 3 CC of Bob OneCard, Select and HPCL

 

[moneyMaker]

Yeah. 1% forex charge is also one of the reasons to keep it.

I would always prefer LTF cards over paid ones if the rewards/returns balance out. Mention what other cards you have here, so that people will see and hopefully reply.

Is 1% the lowest markup there is?

Also I wanted to clear my concept about international transaction, suppose I the conversion rate is 1 EUR -> x rupees, so the total cost to me will be 1.01x ? I would appreciate any links for further study.

 

[Slayer]

Is 1% the lowest markup there is?

Also I wanted to clear my concept about international transaction, suppose I the conversion rate is 1 EUR -> x rupees, so the total cost to me will be 1.01x ? I would appreciate any links for further study.

No

Yes

 

[ramirami]

Is 1% the lowest markup there is?

Also I wanted to clear my concept about international transaction, suppose I the conversion rate is 1 EUR -> x rupees, so the total cost to me will be 1.01x ? I would appreciate any links for further study.

Rate: x INR
Markup = 1% = 0.01x
GST on markup = 0.0018x

Total cost = x + 0.01x + 0.0018x = 1.0118x

 

[vaibhav111vaibhav111 is verified member.]

my card is 11 month old i think no LE yet. limit 3,85,000

 

[SaiyamK]

my card is 11 month old i think no LE yet. limit 3,85,000

What is your banking partner? I guess Federal?

 

[Alex292929]

What is your banking partner? I guess Federal?

do federal gives LE?

 

[vaibhav111vaibhav111 is verified member.]

What is your banking partner? I guess Federal?

yes

 

[emadiqbalali]

IDFC

1st LE - From 40K to 60K - 6 months

IDFC to BOB

Got it while changing partner, from 60K to 90K - 8 months after 1st LE

90K - 1.6L after 7 months of 2nd LE.

 

[V G]

Mine is Federal bank. Completed 11 months. No LE received. I spoke to onecard on switching the banking partner but they denied such option.

 

[SaiyamK]

I have been seeing a pattern,
OneCard issued with Federal Bank as banking partner gets no LE.

Mine OneCard with Federal Bank haven't got any LE since 9 months.

 

[Indian]

They not providing LE for South Indian bank customers too, I hope you guys (federal) got one cash facility.

 

[akshayhs]

They not providing LE for South Indian bank customers too, I hope you guys (federal) got one cash facility.

Not yet.

 

[Dhaval parihar]

Initially got one card issued by BoB financial. Applied for BoB Select LTF in June 2020. Initially after kyc and everything application got rejected. But after follow up with BoB for two months, my application got rejected because it is showing in BoB cards that i already have one(which is onecard). After continuos follow up , ultimately BoB accepted that no other card was issued to me earlier and approved my card. It's long struggle to get my BoB application approved.

As on date, I have One card as well as BoB Select card

Same happened to me but they are not approving me
What shouldni do

 

[paipurivamsi]

Same happened to me but they are not approving me
What shouldni do

You have escalate to BoB at all levels and explain them inexplicitly that you have Onecard issued by BoB Financial

 

[aswinsegu]

I got 3 limits enhancements in span of 2 years
79 K -> Sept 2020 (Issuance)
135 K -> Feb 2021
175 K -> Sept 2021
500 K -> May 2022

Got couple of Limit Enhancements, even with very low spends on the card
700 K -> Oct 2022
1000 K -> May 2023