Suggest Salary Account

[sawan005]

Currently i have HDFC classic salary account. with 1.4L monthly salary. The only benefit is CC payment with platinum DC (40K). My current spends are on Amex plat travel, Airtel Axis, Axis Reward , ICICI amazon, SBI Flipkart. i am fedup off HDFC bank customer service and useless RM. i need to switch specifically for good LTF Credit Card (for point/reward and can be used for travel). Any suggestion?

 

[hellowo₹ld]

Facts:

- Do not consider much benefits with salary account under 2L atleast (all are same).
- Do not expect much help from RM even if u have 50L balance in bank unless you're ok with FD, Ulips etc. investment to satisfy their need first.
- Customer service always same regardless whether u have salary or basic account. It only differs, if u hold their high end programs or super premium cards.
- U can get all available cards under LTF without moving salary account also, u need to keep CIBIL >750 and that card should offer as LTF, nothing else.

 

[thewittypanda]

Currently i have HDFC classic salary account. with 1.4L monthly salary. The only benefit is CC payment with platinum DC (40K). My current spends are on Amex plat travel, Airtel Axis, Axis Reward , ICICI amazon, SBI Flipkart. i am fedup off HDFC bank customer service and useless RM. i need to switch specifically for good LTF Credit Card (for point/reward and can be used for travel). Any suggestion?

Can move to Axis. Since you're already an Axis Credit Card Holder, it may be beneficial to move to Axis. Be eligible for better cards and might also help in auto credit limit increase evaluation because of salary account.

 

[hellowo₹ld]

Can move to Axis. Since you're already an Axis Credit Card Holder, it may be beneficial to move to Axis. Be eligible for better cards and might also help in auto credit limit increase evaluation because of salary account.

I dont have neither savings nor any other relationship with axis. it started with 15k limit in 2020, then 70k in 2021, 2.4k in 2022, 6k in 2023 and merged with Citi limits in 2024 and stayed the same. Spend in the beginning around 2L per year, later under 1.5L.

Same (except exact limit part) for ICICI, HDFC.. no relationship and never worried about higher limits either. It happens when it is the time.. always I'm happy with whatever limit I have because that put a pause in my unnecessary spending.

Honestly, for a month 50k limit is more than enough for any card for majority of the salary holders and 2L is max. spot for them.

 

[Cardzmania]

I recommend sticking with HDFC, as ICICI and Axis do not compare favorably. I personally hold a salary account (Wealth) with ICICI, and believe me—there are no real benefits and not even a decent credit card. Once you reach 1.5 L/M you may atleast try to get Regalia Gold , whereas in ICICI and Axis will offer nothing.

 

[Kabir_1112]

Hdfc is a good bank and you can stick to it. Once your salary increases the service and RM attitude will also change/increase. In Kotak or ICICI or axis all are the same. Indusind offers same type of service mostly but their products are not worth (my experience)

 

[sawan005]

- my RM statement in every 3 month - "you will get ltf card in next 3 to 6 month" .

- When i went to bank they said you can easily get regalia gold and ask me to fill form.

- banking app/portal offer said that i am eligible for ltf card.

And when every time i checked on hdfc cc portal. It failed to provide any ltf. And everytime it impact my cibil score.

 

[Kabir_1112]

- my RM statement in every 3 month - "you will get ltf card in next 3 to 6 month" .

- When i went to bank they said you can easily get regalia gold and ask me to fill form.

- banking app/portal offer said that i am eligible for ltf card.

And when every time i checked on hdfc cc portal. It failed to provide any ltf. And everytime it impact my cibil score.

In certain cases you can also send email and escalate it to priority redressal and pno for special requests. At times even a different branch other than yours could be a little bit more cooperative.

 

[sawan005]

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In certain cases you can also send email and escalate it to priority redressal and pno for special requests. At times even a different branch other than yours could be a little bit more cooperative.

Tried couple of times no help

 

[sawan005]

AXIS or HSBC ?

 

[sawan005]

Facts:

- Do not consider much benefits with salary account under 2L at least (all are same).
- Do not expect much help from RM even if u have 50L balance in bank unless you're ok with FD, Ulips etc. investment to satisfy their need first.
- Customer service always same regardless whether u have salary or basic account. It only differs, if u hold their high end programs or super premium cards.
- U can get all available cards under LTF without moving salary account also, u need to keep CIBIL >750 and that card should offer as LTF, nothing else.

Agreed with 1st 3 points.
but point no. 4 is not true specially in my case. from my 1 CC have CBIL Score > 785, never missed any payment in 10 years. total usage of card is max 15% because of good credit limit but HDFC never gave me any as LTF in 2 year than i opt for tata nue, then switch to swiggy. even today i tried to get the HDFC Marriot bonvoy(FYF) and Regalia Gold (not LTF) it says not eligible...

 

[ontherocks]

Agreed with 1st 3 points.
but point no. 4 is not true specially in my case. from my 1 CC have CBIL Score > 785, never missed any payment in 10 years. total usage of card is max 15% because of good credit limit but HDFC never gave me any as LTF in 2 year than i opt for tata nue, then switch to swiggy. even today i tried to get the HDFC Marriot bonvoy(FYF) and Regalia Gold (not LTF) it says not eligible...

I don't think there is any relation between salary account and an automatic LTF credit card.
What you can do is talk to branch managers of other banks who have tie up with your organization and tell them that you are ready to move your salary account to their bank but you need XYZ credit card LTF in return.

 

[hellowo₹ld]

Agreed with 1st 3 points.
but point no. 4 is not true specially in my case. from my 1 CC have CBIL Score > 785, never missed any payment in 10 years. total usage of card is max 15% because of good credit limit but HDFC never gave me any as LTF in 2 year than i opt for tata nue, then switch to swiggy. even today i tried to get the HDFC Marriot bonvoy(FYF) and Regalia Gold (not LTF) it says not eligible...

all u have to escalate through mails and highlight that 10 yrs relationship. unless u hold infinia all this long, anything below regalia easily comverted to ltf with little persistance.

it wont be automatic, we need to push them.

its not related to cibil, its solely based on spends and years of association.