Upgrade to Crest or Indulge LTF from Legend

[samarthkumar]

I am a Legend credit card holder with 5 lakh limit. Is it possible to get Crest or Celesta or Indulge on a LTF basis with no joining fee? Has anyone been lucky here in the forum to get it with no joining fee? I was being offered Celesta at 25k joining fee but the vouchers are utterly useless, and there was no option to get Amazon Pay GV.

 

[BVCBVC is verified member.]

There are many threads related to this already. One of them posted below.

Tricks to get Emerald LTF and Indulge LTF

Hello, I have recently opened a Select account with IndusInd. They have offered me Legend LTF, but I have asked for Indulge LTF instead. I offered them to put 5L FD as goodwill. What are my chances? Any other tricks I can use? I already hold Infinia and Magnus so I don’t have a lot to gain from...

www.technofino.in

To answer your query you need to have some relationship with IndusInd bank and your RM should do.

 

[samarthkumar]

There are many threads related to this already. One of them posted below.

Tricks to get Emerald LTF and Indulge LTF

Hello, I have recently opened a Select account with IndusInd. They have offered me Legend LTF, but I have asked for Indulge LTF instead. I offered them to put 5L FD as goodwill. What are my chances? Any other tricks I can use? I already hold Infinia and Magnus so I don’t have a lot to gain from...

www.technofino.in

To answer your query you need to have some relationship with IndusInd bank and your RM should do.

I have done a 10 Lakh FD with them and have a select account, but they are not providing any premium card LTF. I tried all the negotiation tactics with them. They were only obliging to reduce the joining fee of Club Vistara Explorer to 10k from 40k. Anyway I didn't loose anything in the FD as they are offering 7.85% interest rate.

 

[Deleted member 11974]

I have done a 10 Lakh FD with them and have a select account, but they are not providing any premium card LTF. I tried all the negotiation tactics with them. They were only obliging to reduce the joining fee of Club Vistara Explorer to 10k from 40k. Anyway I didn't loose anything in the FD as they are offering 7.85% interest rate.

You are loosing as SFBs like utkarsh provide 9.1 % interest.
Also the vistara fee is for everyone at 10k if you just call up customer care

 

[Pack_of_Cards]

You are loosing as SFBs like utkarsh provide 9.1 % interest.
Also the vistara fee is for everyone at 10k if you just call up customer care

Will settle with less intrest in a nationalized bank on my FD, rather than trusting a 3rd grade dirt cheap co-operative bank/small finance bank. There is a reason why not a single MNC allows salary in these Small finance/Co-Operative banks

 

[samarthkumar]

Biggest problem with SFBs is their branch network. With such a big amount, trusting an SFB is not easy, and trying to find a branch and getting any issue resolved will be a big hassle. I have 2 FDs with Equitas SFB but they are for small amounts only. Yes I am getting a good rate of interest, but at least with a big amount, I would have peace of mind with a large private sector bank like IndusInd.

You are loosing as SFBs like utkarsh provide 9.1 % interest.
Also the vistara fee is for everyone at 10k if you just call up customer care

 

[NikunjP]

I have done a 10 Lakh FD with them and have a select account, but they are not providing any premium card LTF. I tried all the negotiation tactics with them. They were only obliging to reduce the joining fee of Club Vistara Explorer to 10k from 40k. Anyway I didn't loose anything in the FD as they are offering 7.85% interest rate.

SBI gives 8.2 ℅ interest rate on senior citizens FD. Just open FD for your father/Mother if they are above 60 years.
Government bank with higher interest rates.

 

[Deleted member 11974]

Biggest problem with SFBs is their branch network. With such a big amount, trusting an SFB is not easy, and trying to find a branch and getting any issue resolved will be a big hassle. I have 2 FDs with Equitas SFB but they are for small amounts only. Yes I am getting a good rate of interest, but at least with a big amount, I would have peace of mind with a large private sector bank like IndusInd.

There are apps that allow everything to be processed online but anyways your call.
I don't make fds and have never made them so not a concern for me