DCB What's most effective way to spend money(without actually spending)

[akmittal]

I have DCB plastic and want to upgrade to Infinia. My salary criteria and limit is matching but 6 month spends are not.

I have bought max amount of Amazon shopping voucher and big basket and will reach close to 6 lacs. Is it effective if I add money to payzap wallet and back to bank account?

 

[techt]

New to bank can also get the card based on the criteria I wrote about

Even meeting the above criteria, they denied upgrade to millenia card itself for me.

 

[drsel]

Even meeting the above criteria, they denied upgrade to millenia card itself for me.

1. What is your latest income tax return ?
2. Do you have a good bank statement with good in flows and out flows?
3. Did they ask you to put FDs or invest in ULIPs where the bank can earn commission?

 

[techt]

What is your latest income tax return ?
did you have a good bank statement with good in flows and out flows?

1. Higher than what you quoted.
2. Means? I have axis salary account. Most of the income goes to NJWEALTH for investment.

 

[Pavan]

Spend criteria and Current limit of 10 lakh is not mandatory
Am the example here i recently got upgraded

i didn't had limit,not any of the criteria

 

[techt]

Spend criteria and Current limit of 10 lakh is not mandatory
Am the example here i recently got upgraded

i didn't had limit,not any of the criteria

From what to what? Is your salary account with hdfc?

 

[drsel]

1. Higher than what you quoted.
2. Means? I have axis salary account. Most of the income goes to NJWEALTH for investment.

1. The higher the better.
income over 1 crore should definitely get it
2. You need to have a healthy balance in your savings account, there is no ballpark figure.
3. Did they ask you to invest in fixed deposits or ULIPs. And how much amount?

 

[Karma]

Spend criteria and Current limit of 10 lakh is not mandatory
Am the example here i recently got upgraded

i didn't had limit,not any of the criteria

So do you have a high NRV with HDFC or a high salary credit? Just trying to understand what is the criteria for upgrade. I have DCB with 10L limit but don’t want to manufacture spends for the upgrade.

 

[Pavan]

From what to what? Is your salary account with hdfc?

DCB plastic to infinia Metal

 

[drsel]

Spend criteria and Current limit of 10 lakh is not mandatory
Am the example here i recently got upgraded
i didn't had limit,not any of the criteria

See, we have a live example, it's possible

 

[techt]

1. The higher the better.
income over 1 crore should definitely get it
2. You need to have a healthy balance in your savings account, there is no ballpark figure.
3. Did they ask you to invest in fixed deposits or ULIPs. And how much amount?

3. No
I mailed them to upgrade money back plus to infinia, they straight away denied. I replied them to upgrade to millenia at least, they denied again.

 

[Pavan]

So do you have a high NRV with HDFC or a high salary credit? Just trying to understand what is the criteria for upgrade. I have DCB with 10L limit but don’t want to manufacture spends for the upgrade.

Na my NRV is not that great..but am imperia customer

Even today no one has cracked the eligibility criteria am honest
One which works for you doesn;t work for others

 

[Pavan]

3. No
I mailed them to upgrade money back plus to infinia, they straight away denied. I replied them to upgrade to millenia at least, they denied again.

To upgrade you need blessings from @VISHESH_BANSAL and @SSV

 

[drsel]

DCB plastic to infinia Metal

What criteria for new to bank or someone who has closed HDFC millennia 8 months back?

 

[Pavan]

What criteria for new to bank or someone who has closed HDFC millennia 8 months back?

Even today no one has cracked the eligibility criteria am honest
One which works for you doesn;t work for others

 

[drsel]

Even today no one has cracked the eligibility criteria am honest
One which works for you doesn;t work for others

Surely the head of the credit card team will know the criteria properly.
He will definitely know the criteria set by the bank CEO
After all, he is the one who has to decide to accept or reject you

 

[Karma]

Na my NRV is not that great..but am imperia customer

Even today no one has cracked the eligibility criteria am honest
One which works for you doesn;t work for others

So you pushed for an upgrade or received a pre-approved offer (through netbanking etc)?

 

[Pavan]

@drsel @techt one thing i have got enough business to a HDFC branch
i manage a team of 40+ last year i had got them some 15 salary accounts , 4 home loans, 6 PL's

I do have a strong hold in a branch

 

[drsel]

3. No
I mailed them to upgrade money back plus to infinia, they straight away denied. I replied them to upgrade to millenia at least, they denied again.

Money back plus is the most basic (and worthless) card of HDFC
my relative who has just passed out of college and just got a job received it

 

[Pavan]

So you pushed for an upgrade or received a pre-approved offer (through netbanking etc)?

Two years of battle and last my RM took approval from some XYZ (i really don;t know) and approved

 

[Pavan]

Surely the head of the credit card team will know the criteria properly.
He will definitely know the criteria set by the bank CEO
After all, he is the one who has to decide to accept or reject you

No i know peope who has infinia limit is 5 lakh and even few have git with FD's in past