is it worth to get HDFC Diners Black or Infinia against FD ?

156°
Deal Cadet
54
362
1

Dear Friends,

Is it worth to get a Diners Black or HDFC Infinia credit card against a fixed deposit of 8 lacs and 11 lacs respectively?

Little cautious blocking such big money and low interest rates especially looking at gradual rewards in these premium cards

I am an imperia bank customer with a diners club miles card with 3 lacs limit.

Tried a lot but not getting an upgrade due to ITR

27 Comments  |  
11 Dimers
  • Sort By
468
1505
15

Short ans : yes

Long ans: Check your spending pattern and see if you can spend at least 5L to waive off the fees and/or if you can take good benefit from the from the card by using it at merchant offering 10x, 5x or 3x benefits.

If you share some details of your spending, better assessment can be done.

41
288
7

DCB has lost its charm as no more 10x partners, Infinia is much better due to more acceptance (visa/MasterCard) also higher limit of monthly RP 15000. Fees of 10000 plus gst may sound high but in Infinia you will get 10000 points by paying the fees, it’s not so in case of DCB

294
6955
72

They are not giving DCB/INFINIA against FD, local manager said.Your RM offered this?

54
362
1
caks2006407 wrote:

They are not giving DCB/INFINIA against FD, local manager said.Your RM offered this?

Yes we have a group imperia account and my sis in law already took infinia for 11 lac fd. I also have around 7 lacs in FD/RD at hdfc and confused whether to add 4 lacs to reach 11 lacs anf get the card

But the issue is 11 lacs get permanetly blocked at lower interest rates .

Wish i can get my diner club miles organically upgraded

144
1387
7
caks2006407 wrote:

They are not giving DCB/INFINIA against FD, local manager said.Your RM offered this?

They offer it against FD of around 10-15 Lakhs, provided you have a decent existing account with them, and again depends on the RM.

294
6955
72
Expand
BlueFlash wrote:

again depends on the RM.

Could be the reason, cousin’s account upgraded to Imperia and RM came home to meet personally and explain benefits that time RM outright denied any such offer other than ITR route. May be RM is ignorant but at the same time 10lacs FD did not excite him too, strange!

54
362
1

Ok going for a inifnia card agaist 1 single FD of INR 11,43,000

No other card needed after this as RM giving 8 lac limit

51
166
2
Dealhunting wrote:

Ok going for a inifnia card agaist 1 single FD of INR 11,43,000

No other card needed after this as RM giving 8 lac limit

For how long you have to keep that fd

50
20
0

they have provided you additional infinia card or upgraded club mile on the basis of fd

54
362
1

Have eventually decided to stop the application for infinia against fd looking at horrible worst than govt level service and attitude of HDFC Bank.

They don’t deserve having a such high deposit of 11 lacs as if some unauhtorised transactions happen on the card I bet hdfc wont help and just liquidate my fd

Have a diner club miles LTF card with 3 lac limit . Eventually one day it will get upgraded to DCB

Will wait.

54
362
1

Also shifting all my business to other banks who at least respect and call you when u raise a query and not give covod excuses

41
288
7
Dealhunting wrote:

Also shifting all my business to other banks who at least respect and call you when u raise a query and not give covod excuses

Seems like you have had some bad experience with Hdfc, please share.

51
166
2

I also absolutely hate hdfc customer care. Man I just can’t get a person on call for any issue.
Thinking of converting my account into classic just to get person on the otherside.

54
362
1
Expand
manav.choudhry598 wrote:

Seems like you have had some bad experience with Hdfc, please share.

HDFC is the only bank which doesnt call you back even on a twitter complaint.

They feel they are a govt dept without a substitute

even a imperia customer like me is taken for granted

I am sure in case of any kind of mishap/fraud this bank wont help you

The money is not safe in hdfc not because it is in financial trouble, but because customers are not being valued.

Shifting some money to IDFC within rbi /govt deposit insurance and rest to post office.

123
2405
16

getting credit card against our assets is not worth, irrespective of any offer

its only worth if bank gives card against our regular relations or card on card…

i have heard about fraud transactions, where clients are asked to make payment anyhow. Banks do lift their hands in case of any frauds… However, now a days norms are good. Still, in case of banks I always prefer to be on safer side..

41
288
7
Expand
Dealhunting wrote:

HDFC is the only bank which doesnt call you back even on a twitter complaint.

They feel they are a govt dept without a substitute

even a imperia customer like me is taken for granted

I am sure in case of any kind of mishap/fraud this bank wont help you

The money is not safe in hdfc not because it is in financial trouble, but because customers are not being valued.

Shifting some money to IDFC within rbi /govt deposit insurance and rest to post office.

If u are imperia than u must be having a rm assigned, I know most of them are useless anyway but they should try to help.

123
2405
16
Expand
manav.choudhry598 wrote:

If u are imperia than u must be having a rm assigned, I know most of them are useless anyway but they should try to help.

Well Said :
Most of them are USELESS
hahahahahahahaha

50
296
4
Dealhunting wrote:

Ok going for a inifnia card agaist 1 single FD of INR 11,43,000

No other card needed after this as RM giving 8 lac limit

my advice,not to take any damn credit card for 11 lac fd,its crazy to do such things just for a card..if u hv ample money than its fine

41
288
7
Expand
sunnie wrote:

Well Said :
Most of them are USELESS
hahahahahahahaha

Yeah all they are good at is selling insurance and other useless schemes

41
288
7

Well if you are having a imperia account you’ll receive a pre approved offer sooner or later for DCB/INFINIA as was the case with me.

123
2405
16
manav.choudhry598 wrote:

Well if you are having a imperia account you’ll receive a pre approved offer sooner or later for DCB/INFINIA as was the case with me.

Which ever account you hold.

banks always calls and say
“That you have a offer being a valuable customer. Poora kahaanee kar ho jaayega feer bataayengey k nominal charge hai, monthly X amount hai. Jo yearly aap k account sey deduct ho jaayega….

Aur, barbaadi bas yahee sey shuru hotaa hai…

54
362
1
manav.choudhry598 wrote:

Well if you are having a imperia account you’ll receive a pre approved offer sooner or later for DCB/INFINIA as was the case with me.

After how many months u got this offer?

Which card /limit you had at that time

41
288
7
Expand
Dealhunting wrote:

After how many months u got this offer?

Which card /limit you had at that time

I was receiving the pre approved offer since about a year and half but I never tried availing it as I had a DCB before, I filled it out this Feb just for curiosity and got Infinia. I had a really long relationship with HDFC with good dealing so may be that is why.
Limit was 12.

54
362
1

If we spend more than 5 lacs on diner club miles will limit be increased to 5 lacs?

Missing