What if RBI ends Lifetime free cards

Deal Cadet
Imperial_Penny

What if RBI ends Lifetime free cards and does not allow LTF.

Most of us end up with 1 or 2 paid cards. DD, TechnoFino cease to exist.

I heard that HDFC bank RM lied to a customer that RBI stopped LTF cards 😂

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Deal Cadet Deal Cadet
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RBI can direct banks also ban them from issuing any cards e.g HDFC until recently, Kotak, Federal Scapia..etc
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@Imperial_Penny

This is not same as banning LTF cards altogether. The banks which were not following guidelines were stopped from onboarding new customers. LTF cards are not a violation of RBI guidelines, banks are free to do their business within the guidelines but even if hypothetically such situation exists then banks will simply provide gift vouchers or some extra cashback equivalent to fee and problem is solved.

Savings Mentor Savings Mentor
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Clickbait title. Admins kindly take action against such posts

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Deal Captain Deal Captain
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whay will rbi get after doing so?

Deal Cadet Deal Cadet
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RBI did not end LTF 😀

Deal Captain Deal Captain
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Why try to ruin new year bro with this rage ,abhi tumhare sarye card close karata hu rbi ko phone laga kye stuck_out_tongue_closed_eyes

Deal Cadet Deal Cadet
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What if RBI says no to LTF as more customers are defaulting.

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Helpful Helpful
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Impossible that RBI can end LTF cards, although banks can.

Deal Cadet Deal Cadet
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RBI can direct banks also ban them from issuing any cards e.g HDFC until recently, Kotak, Federal Scapia..etc
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Savings Mentor Savings Mentor
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Clickbait title. Admins kindly take action against such posts

Deal Cadet Deal Cadet
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This is not YouTube I won't get any money from clickbait. This could happen in near future considering the pace at which LTFs are issued. RBI may impose restrictions on LTF.
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Critic Critic
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When you really know that nothing is free.

Finance Ninja Finance Ninja
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I seriously think that RBI should force the name change of RBL bank, gets often confused if someone uses small-cap L, just like if I write RBl, looks like RBI...

Finance Ninja Finance Ninja
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Lol misleading title

Commentator Commentator
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Change title bro. Add that "what if", in title

Deal Cadet Deal Cadet
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Done
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