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

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akmittal

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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?
 
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techt said:
Even meeting the above criteria, they denied upgrade to millenia card itself for me.
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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?
 
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techt said:
1. Higher than what you quoted.
2. Means? I have axis salary account. Most of the income goes to NJWEALTH for investment.
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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?
 
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Pavan said:
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
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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.
 
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drsel said:
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?
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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.
 
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Karma said:
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.
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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
 
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Pavan said:
Even today no one has cracked the eligibility criteria am honest
One which works for you doesn;t work for others
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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
 
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techt said:
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.
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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
 
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