Personal loan offers.

[abhishek751]

I have recently noticed that most of my cards instead of providing limit enhancement they are giving personal loan offers.
I have seen this in icici, indus, hdfc, and today in axis,
Is there something i am missing ?
What am i doing wrong that i don't get limit enhancement and getting loan offers instead.

 

[deep@vie]

I have recently noticed that most of my cards instead of providing limit enhancement they are giving personal loan offers.
I have seen this in icici, indus, hdfc, and today in axis,
Is there something i am missing ?
What am i doing wrong that i don't get limit enhancement and getting loan offers instead.

Most of the banks doing this nowadays, they want to earn interest & other charges. You're paying your bills on time,they don't appreciate that they want you to miss it atleast once a year😁

 

[abhishek751]

Most of the banks doing this nowadays, they want to earn interest & other charges. You're paying your bills on time,they don't appreciate that they want you to miss it atleast once a year😁

I don't think there is anyway around this have to endure this behaviour. 🤣

 

[deep@vie]

I don't think there is anyway around this have to endure this behaviour. 🤣

& their interest rate is nowhere around market rate. It'll be around 15 to 18%.

 

[abhishek751]

& their interest rate is nowhere around market rate. It'll be around 15 to 18%.

I have FD in their bank and they are still asking me to take loan.
I am getting 6-7 % on fd, they want me take loan for no reason at 14-15%
What kind of stupidity are they at i totally don't understand.

 

[deep@vie]

I have FD in their bank and they are still asking me to take loan.
I am getting 6-7 % on fd, they want me take loan for no reason at 14-15%
What kind of stupidity are they at i totally don't understand.

You've to take it as You're not defaulting on credit card payments 😀