Regret after closing Credit Card - Share your experience

[RockyBond]

We all post how to get credit cards here . But sometimes we close existing credit cards and then regret later thinking it was a big mistake.

Let's share our experiences so we can learn from them.

My regret - Closing One Card as it was FD based. After using for an year closed it but then one card never gave me a card . Really regret as I will miss one card offers and probably never get it again. 🙁

 

[Deleted member 16965]

Did you recieve any cc offer after closing your moneyback?

No.... I don't care for HDFC anymore.

 

[Deleted member 16965]

Did you recieve any cc offer after closing your moneyback?

I will be getting Axis Magnus as LTF from Sept 1 for holding Burgundy account so I may close my HDFC Imperia account.

 

[SSV]

I hold an Imperia account from more than 5 years and nothing has changed for me except for increase in ULIP and Term Insurance mis-sell of policies by RM and bank employees.

Good to know, I already told my rm and bm not to come to me about upselliing, they politely obliged it.

 

[Deleted member 16965]

Good to know, I already told my rm and bm not to come to me about upselliing, they politely obliged it.

You also need to have a HIT spray for your RM and BM.

 

[SSV]

I will be getting Axis Magnus as LTF from Sept 1 for holding Burgundy account so I may close my HDFC Imperia account.

Once my mission is over with HDFC, will follow the suit..

You also need to have a Baygon spray for your RM and BM.

Actually no need of them for me as I am very upfront and blunt with almost everything..
My WM and Preferred BM and RMs just follow my instructions and never , ever bothered me about upselling because I lay the platform before the relationship begins.
I too give some business to them to meet their targets occasionally..hence they don't bother me..

 

[Deleted member 16965]

Actually no need of them for me as I am very upfront and blunt with almost everything..
My WM and Preferred BM and RMs just follow my instructions and never , ever bothered me about upselling because I lay the platform before the relationship begins.
I too give some business to them to meet their targets occasionally..hence they don't bother me..

Your experience with them will have a U turn post Imperia status.

 

[SSV]

Your experience with them will have a U turn post Imperia status.

Doesn't concern me, I will have a best shot at it, if it works fine , if it doesn't I will move on..Life goes on .It doesn't stop for anyone

 

[SSV]

Shri 'Swamy Vivekananda' once said
" Work incessantly, do not attach to the results ".
I really like this and try to implement as much as possible .
All we have to do is, have a best shot at the task on hand, and take the outcome whatever it is.
I will stop the philosophy here for this evening.
Got to go my friends..have a nice rest of the evening all

 

[ashwinkashwink is verified member.]

Shri 'Swamy Vivekananda' once said
" Work incessantly, do not attach to the results ".
I really like this and try to implement as much as possible .
All we have to do is, have a best shot at the task on hand, and take the outcome whatever it is.
I will stop the philosophy here for this evening.
Got to go my friends..have a nice rest of the evening all

Satyavachan🙂

 

[niks]

Closed my Amex Platinum Travel and downgraded to Amex MRCC couple of years ago. Best decision ever.

Closed my Slice card. Shouldn't have opened it in the first place.

Now about to close my Axis Select in the next couple of weeks.

 

[SSV]

Closed my Amex Platinum Travel and downgraded to Amex MRCC couple of years ago. Best decision ever.

Closed my Slice card. Shouldn't have opened it in the first place.

Now about to close my Axis Select in the next couple of weeks.

Congratulations on your decision to close the almighty 😉 Axis Select CC..

 

[niks]

Congratulations on your decision to close the almighty 😉 Axis Select CC..

Tried to close last year itself. But they offered me equivalent EDGE reward points. 😂

 

[yoloof]

I refused Shoprite card from RBL after the Zomato card closure. Now seeing that people are getting World Safari LTF is very annoying since I have an international trip coming up and could actually use a zero-markup credit card. Scapia was refused because of too many enquiries.

At that time I had planned all spending on Magnus but now all of that is a loss.

 

[yolofino]

I refused Shoprite card from RBL after the Zomato card closure. Now seeing that people are getting World Safari LTF is very annoying since I have an international trip coming up and could actually use a zero-markup credit card. Scapia was refused because of too many enquiries.

At that time I had planned all spending on Magnus but now all of that is a loss.

Apply for the World Safari and negotiate as FYF, they will do easily. Near the anniversary, negotiate for LTF or else close.

 

[Pankhuri]

Closed yes bank card 2 months ago and they are issuing LTF rupay card complimentary. Now regretting.

Which card?

 

[Pankhuri]

Don't cancel AU card,they don’t issue again

What if you are approved for a card but then contact them before they dispatch and ask them to cancel it? Would this count as cancelled?

 

[yoloof]

Apply for the World Safari and negotiate as FYF, they will do easily. Near the anniversary, negotiate for LTF or else close.

I don't think it will be approved right now, given that there have been 4 hard pulls on my report recently.

Applied for 3 CCs recently from SBI, IDFC and Axis in a week. HDFC made a hard pull for a dumb software bug.

 

[rp0703]

Which card?

Prosperity rewards plus

 

[metal_heart]

I have closed two cards, both of AXIS
1. Axis Flipkart. - Got it when it was FYF. Spent around 1.3L and didn't wanted to pay renewal. Closed it. Retention team didn't offer LTF
2. Axis IOCL - Got it LTF. Welcome benefits promised weren't delivered (even after 3 months followup). Points were delayed. Closed it. Retention team didn't had anything to offer , except apology

Don't regret closing any.

Planning to close PNB soon, and may be some other LTF cards which haven't been used for over a year (I got them for bank specific offer).

 

[SSV]

I have closed two cards, both of AXIS
1. Axis Flipkart. - Got it when it was FYF. Spent around 1.3L and didn't wanted to pay renewal. Closed it. Retention team didn't offer LTF
2. Axis IOCL - Got it LTF. Welcome benefits promised weren't delivered (even after 3 months followup). Points were delayed. Closed it. Retention team didn't had anything to offer , except apology

Don't regret closing any.

Planning to close PNB soon, and may be some other LTF cards which haven't been used for over a year (I got them for bank specific offer).

There would be hardly any regrets needed for closing an AXIS CC these days... well done..👍