What are the conditions to make HDFC Bank Millennia Credit Card LTF?

[Shahkhan]

Hello community members!,
Last month I applied for. HDFC MILLINEA which was conditional LTF offer. But im uncertain about the spending condition, as before 2022 it was 1L spend to LTF.
Now some sources says 50K spends to LTF.
SO, which one should I prefer, also , does the spend condition applies when buying gold or silver jewellery?

 

[souvikdey2002]

Anyone has got SC Manhattan & HSBC Cashback for free so far??
Don't tease me but I don't want to pay a single penny for any of the credit cards, all has to be unconditional LTF for me.
😎😀

 

[souvikdey2002]

Applied digitally with income proof.

What was the limit given to you??
I applied 2 days back, let's see how much I get

 

[prc1990]

What was the limit given to you??
I applied 2 days back, let's see how much I get

150K

 

[chinmay]

Anyone has got SC Manhattan & HSBC Cashback for free so far??
😎😀

I don’t think SC Manhattan is offered as LTF to anyone.
All SC cards are paid except Visa Infinite which is only for their Priority banking customers exclusively.

The Manhattan card is just 999/- and the same also gets reversed on spending 1L in whole year.
Plus you get 5% Cashback across your spends on Groceries. It’s definitely a good to have card in your wallet.

 

[prc1990]

Anyone has got SC Manhattan & HSBC Cashback for free so far??
Don't tease me but I don't want to pay a single penny for any of the credit cards, all has to be unconditional LTF for me.
😎😀

Don't think these two can be LTF. Some conditional LTF is also very easy to achieve.

 

[souvikdey2002]

I don’t think SC Manhattan is offered as LTF to anyone.
All SC cards are paid except Visa Infinite which is only for their Priority banking customers exclusively.

The Manhattan card is just 999/- and the same also gets reversed on spending 1L in whole year.
Plus you get 5% Cashback across your spends on Groceries. It’s definitely a good to have card in your wallet.

I agree.
But I'm obsessed with LTF so always I look for this.

 

[souvikdey2002]

Don't think these two can be LTF. Some conditional LTF is also very easy to achieve.

There was an offer for HSBC Cashback which was supposed to be first year free.

 

[cherryj1988]

When HDFC first came back in ~sept 21 after their ban, they had an offer when you just had to apply digitally and it would become lifetime free. I was bit skeptical and had taken screenshots but they were desperate to sell their cards. The few who got their cards then, got it LTF including myself. Later they changed it to 50k in 90 days and it's stayed that way as of now 😀

 

[hriday.haria]

When HDFC first came back in ~sept 21 after their ban, they had an offer when you just had to apply digitally and it would become lifetime free. I was bit skeptical and had taken screenshots but they were desperate to sell their cards. The few who got their cards then, got it LTF including myself. Later they changed it to 50k in 90 days and it's stayed that way as of now 😀

True, I got my HDFC Millenia LTF by the same way. Only apply online without agents, and it is LTF (just after their re-launch in Sept 2021) !

 

[prc1990]

When HDFC first came back in ~sept 21 after their ban, they had an offer when you just had to apply digitally and it would become lifetime free. I was bit skeptical and had taken screenshots but they were desperate to sell their cards. The few who got their cards then, got it LTF including myself. Later they changed it to 50k in 90 days and it's stayed that way as of now 😀

I applied this as well during Oct last year (i.e. 2021) and even after 6 months, it is still under review 🤣🤣🤣.

 

[leo77g]

I applied this as well during Oct last year (i.e. 2021) and even after 6 months, it is still under review 🤣🤣🤣.

Omg lol i guess they are not desparate anymore xD jk jk

 

[prc1990]

Omg lol i guess they are not desparate anymore xD jk jk

Just the beginning of the new financial year and so obviously there would be lesser agression 🥱.

 

[leo77g]

Just the beginning of the new financial year and so obviously there would be lesser agression 🥱.

Ahh so they give more at end and less after new year is starting? Why?

 

[hriday.haria]

To show more 'financial activity', they have more targets to fulfill at financial year end, promotions etc.

At beginning of financial year, they have till end of financial year for their 'bank activity'. Even for BOB, they have given LTF offer in financial year end, March 2022.

Yes. +1. Currently, BOB is still showing up as LTF, so do check as it seems they have an extended offer.
Most importantly FY End as they also need to show YOY growth to Investors.

 

[leo77g]

To show more 'financial activity', they have more targets to fulfill at financial year end, promotions etc.

At beginning of financial year, they have till end of financial year for their 'bank activity'. Even for BOB, they have given LTF offer in financial year end, March 2022.

I see, didnt know that thanx alot 😀

 

[prc1990]

Ahh so they give more at end and less after new year is starting? Why?

As per various sources, only 5% people use Credit Cards in India so you can understand there are plenty of opportunities for the banks/financial institutions to penetrate the credit card market in India.

 

[prc1990]

I doubt even 5% people use. I know many people who have CCs with very decent limits yet they don't use their CCs at all.

I meant only 5% people own credit cards in India irrespective of the usage.

 

[souvikdey2002]

What was the limit given to you??
I applied 2 days back, let's see how much I get

HSBC is very miser in terms of limit, they only gave me 121K
So another learning, never ever apply credit cards based on the salary, apply based on the Credit Card statement.

 

[souvikdey2002]

I meant only 5% people own credit cards in India irrespective of the usage.

Yes, fully agreed.

 

[souvikdey2002]

Even for C2C, the limit really depends. Some here told that they got very less limit by C2C and very high limits even with just PAN and Aadhaar, with no other documents 😂

Some people spend a lot (consistent 30% utilisation) on a card and get close to no limit enhancements. Banks like Citi gave close to no limit enhancements for many. I personally feel that the limit thingy is very weird ...

Yes, true.
I guess these foreign banks doesn't really rely on any score, i.e. TransUnion, Experian, Highmark or Cibil even.
They provide credit purely based on the real assets you have, i.e. Car or Home or anything which they can really trust on.