https://www.desidime.com/discussions/indusind-s-ltf-card-strategy?page=1#post_9280709
BTW what is the reward rate of iconia amex? Is it still 2% for cash credit?
Indusind's LTF card strategy
- 885
- 19
-
- Last Comment
Indusind is known for their Life time free cards after paying the joining fee.
The funny things is they still earn from customers by collecting only the joining fee.
All their good cards come up with big joining fee except the Legend one which they started with 0 joining/annual fee recently.
Want to share my experience how they earn by just taking the joining fee.
I took their Amex Iconia card about 7 years ago by paying 3.5K (no joining benefits/vouchers). After 1 year of taking Iconia they offered me upgrade to Signautre with 10K joining fee (no joining benefits/vouchers) the offer was not good looking at the fee but rewards were good at that time (upto 2% +milestone benefit). after a long thought, I opted for it and paid 10K+GST.
After a year again an email received for upgrade eligibility to Pinnacle Card (rewards upto 2.5%) for a joining fee of 25K (15K voucher against joining fee) and this time I refused the offer.
In 2021 again got another offer for their Indulge card (invite only card) for fee of 90K+ GST and welcome voucher of 100K (Luxe Voucher which values around 80K because there are other various ways to get upto 20% discount on luxury hotels).
So the bottom line is they collect the renewal fee in other ways by continuously downgrading previous cards and launching new cards and customer pays to upgrade to better rewards card. 😄
Expiring In
20 days
Disclaimer
We are not SEBI/IRDA registered. The information provided herein is for education purposes only. We will not be responsible for any of your profit/loss with this channel's suggestions. Consult your financial advisor before making any decisions.
18 Comments
|
11 Dimers
- Sort By
https://www.desidime.com/discussions/indusind-s-ltf-card-strategy?page=1#post_9280728
Moral story climax : Atlast hero realized that no heroine character in his movie but director simply want to impress hero just by making a girl to dance with him in item song 
https://www.desidime.com/discussions/indusind-s-ltf-card-strategy?page=1#post_9280740
PRAVEENINDIA wrote:😄Moral story climax : Atlast hero realized that no heroine character in his movie but director simply want to impress hero just by making a girl to dance with him in item song
https://www.desidime.com/discussions/indusind-s-ltf-card-strategy?page=1#post_9280800
I got iconia amex without paying any fee and dodged their every effort for upgrade.
https://www.desidime.com/discussions/indusind-s-ltf-card-strategy?page=1#post_9281796
Well spotted. Good strategy from the bank's point of view.
https://www.desidime.com/discussions/indusind-s-ltf-card-strategy?page=1#post_9281835
https://www.desidime.com/discussions/indusind-s-ltf-card-strategy?page=1#post_9281946
Expand
baludesi wrote:I meant the value of each rewards is no more 1 Rs, like they devalued for Legend and Pinnacle too.
Just checked their TnC
*Earn 2 Reward Points on Weekends & 1.5 Reward Points on weekdays for every INR 100 spent
With effect from 15th March 2022, 1 Reward Point = Rs. 0.75 of cash value
so it is
2*0.75% = 1.5% weekend
1.5*0.75 = 1.125% weekday
https://www.desidime.com/discussions/indusind-s-ltf-card-strategy?page=1#post_9281960
They offered me eazydiner cc against indusind legend without any joining fee and also LTF
https://www.desidime.com/discussions/indusind-s-ltf-card-strategy?page=1#post_9281979
MasterAnimesh wrote:Now they have started...Even Legend also being offered as LTF after devaluations.They offered me eazydiner cc against indusind legend without any joining fee and also LTF
They will now launch new cards with better rewards and offcourse with joining fee and will repeat the same process
https://www.desidime.com/discussions/indusind-s-ltf-card-strategy?page=1#post_9281989
just apply via cashkaro or some other site which offers cashback on approval and you will get ltf with no joining or annual fees..
may or may not works for all cards, but will definetly work for legend
i got 1800 cashback with ltf legend card without any joining fess
https://www.desidime.com/discussions/indusind-s-ltf-card-strategy?page=1#post_9282014
First I got Aura Edge without any changes then got an upgrade offer to Legend & then to Eazydiner haven't paid any Joining fee for either of three.
https://www.desidime.com/discussions/indusind-s-ltf-card-strategy?page=1#post_9282148
malikcool wrote:Curious to know any specify reason choosing Eazydiner over Legend?First I got Aura Edge without any changes then got an upgrade offer to Legend & then to Eazydiner haven't paid any Joining fee for either of three.
https://www.desidime.com/discussions/indusind-s-ltf-card-strategy?page=1#post_9282647
malikcool wrote:First I got Aura Edge without any changes then got an upgrade offer to Legend & then to Eazydiner haven't paid any Joining fee for either of three.
I got upgrade offer from auraedge to iconia next with 5000+gst as joining fee I declined
https://www.desidime.com/discussions/indusind-s-ltf-card-strategy?page=1#post_9284010
IndusInd legend credit card is a below average credit card I can't even get movie benefit from this card even after 6 months just because whenever I try to book a ticket it always shows limit reached, few days ago it was giving 3 + 3 tickets and now it is giving oneplus one but nobody got any of them until now..
First it used to show timing to book tickets by legend credit card but even now even if the card is in list of credit card offers we can't get the offer at any cost bcz limit reached
The only card which provide movie offers free of cost is access Myzone life time free credit card
https://www.desidime.com/discussions/indusind-s-ltf-card-strategy?page=1#post_9284037
ashwin100ni539 wrote:Same with ICICI.IndusInd legend credit card is a below average credit card I can't even get movie benefit from this card even after 6 months just because whenever I try to book a ticket it always shows limit reached, few days ago it was giving 3 + 3 tickets and now it is giving oneplus one but nobody got any of them until now..
First it used to show timing to book tickets by legend credit card but even now even if the card is in list of credit card offers we can't get the offer at any cost bcz limit reached
The only card which provide movie offers free of cost is access Myzone life time free credit card
Not at all recommended for Movie.
https://www.desidime.com/discussions/indusind-s-ltf-card-strategy?page=1#post_9287008
Not exactly the right place to ask this but I've been looking to get an IndusInd credit card LTF and my choice would be EazyDiner variant as it will be handy for occasional dine-in at Barbeque Nation or AB's
So, any (proven) way to get IndusInd EazyDiner CC LTF ?
https://www.desidime.com/discussions/indusind-s-ltf-card-strategy?page=1#post_9287588
sahil1033 wrote:If you have existing relationship (saving accounts with good NRV) then it easy through RM. If no relationship but good Cibil (750+) then can try you luck.Not exactly the right place to ask this but I've been looking to get an IndusInd credit card LTF and my choice would be EazyDiner variant as it will be handy for occasional dine-in at Barbeque Nation or AB's
So, any (proven) way to get IndusInd EazyDiner CC LTF ?
My RM upgraded my family's card to Legacy (without charges). can DM me if needed any assistance in application process.
Click here to reply
Reply
