Renewal Negotiations for Diners Club Black (FD-Backed)

[Rajbhatia1191]

Hi everyone,

I currently hold a Diners Black credit card (FD backed), along with TataNeu Infinity and HDFC Swiggy cards. All three share the same credit limit. I was previously eligible for the Alumni LTF (Lifetime Free) Diners Black card through IIM Ahmedabad, but unfortunately, the RM wasn't competent enough to get it sorted.

Now, my FD-backed Diners Club Black card is up for renewal next month, and I haven’t met the spend criteria to waive the fee. I'm looking for advice on:

Negotiation steps I could take with the bank for renewal, possibly to remove the FD requirement or waive the renewal fee.
What happens if I cancel the FD and choose to close the Diners card? Are there better ways to manage this?
Strategies to increase the shared credit limit as with FD backed limit does not increase as per bank policy.

Any tips or suggestions based on your experiences would be greatly appreciated.

Thanks in advance!

 

[Tonymathew]

How much FD kept on lien ??

 

[Rajbhatia1191]

How much FD kept on lien ??

6 Lakh for 4.5 L limit

 

[Tonymathew]

6 Lakh for 4.5 L limit

So they might not allow to change that, I feel. Maybe they will be ready to waive off the annual fee..

 

[aniketkr.sharma]

Hi everyone,

I currently hold a Diners Black credit card (FD backed), along with TataNeu Infinity and HDFC Swiggy cards. All three share the same credit limit. I was previously eligible for the Alumni LTF (Lifetime Free) Diners Black card through IIM Ahmedabad, but unfortunately, the RM wasn't competent enough to get it sorted.

Now, my FD-backed Diners Club Black card is up for renewal next month, and I haven’t met the spend criteria to waive the fee. I'm looking for advice on:

Negotiation steps I could take with the bank for renewal, possibly to remove the FD requirement or waive the renewal fee.
What happens if I cancel the FD and choose to close the Diners card? Are there better ways to manage this?
Strategies to increase the shared credit limit as with FD backed limit does not increase as per bank policy.

Any tips or suggestions based on your experiences would be greatly appreciated.

Thanks in advance!

Is there no any limit before you done the FD Lien?

 

[Rajbhatia1191]

Is there no any limit before you done the FD Lien?

Limit as in??
Lowest possible with Diners Black was 4.5L with a 6 Lakh FD

 

[Rajbhatia1191]

So they might not allow to change that, I feel. Maybe they will be ready to waive off the annual fee..

I've already reversed off last time.
Doubt this time and want some peace rather then this yearly game.

 

[Tonymathew]

I've already reversed off last time.
Doubt this time and want some peace rather then this yearly game.

Understood... You should ask for that too... Better to make the game straight and simple

 

[aniketkr.sharma]

Limit as in??
Lowest possible with Diners Black was 4.5L with a 6 Lakh FD

Means your card is fully fd based right?