Received a IDFC First Bank card. Not sure if I ...

Received a IDFC First Bank card. Not sure if I applied for it. What exactly is this?

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So last week I received a letter and this card from IDFC FIRST Bank. As far as I can remember, I am sure I have not applied for this card. This is “MyMoneyMantra” EASY BUY card from IDFC FIRST Bank.

Anyone know what exactly is this?
Is this a debit card or a credit card or a prepaid card or something else?
How did they got my info (Name, address and phone number) when I have not applied for it?

https://cdn0.desidime.com/attachments/photos/602533/original/IMG_20200116_182439.jpg?1579179294

@rogerthat @androgame @A2Zdeals @Tejaa

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It seems like a third-party credit card provider like Bajaj Finserv. Saw a few complaints on twitter too. Complaint to IDFC First bank and get it closed. Report the same thing to CIBIL, get it removed from CIBIL report.

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Tejaa wrote:

It seems like a third-party credit card provider like Bajaj Finance. Saw a few complaints on twitter too. Complaint to IDFC First bank and get it closed. Report the same thing to CIBIL, get it removed from CIBIL report.

That’s possible. Although there is no new CIBIL enquiry made on my account.

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guest_999 wrote:

https://www.capitalfirst.com/easy-buy-em...rd

Supposed to be given to customers of IDFC bank having durable or 2 wheeler loan from IDFC.

You will be eligible for an EMI card after successful clearance of your 1st 4 EMIs. The card will be dispatched to you after 45 days from payment of the 4th EMI.

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guest_999 wrote:

https://www.capitalfirst.com/easy-buy-em...rd

Supposed to be given to customers of IDFC bank having durable or 2 wheeler loan from IDFC.

I have never applied for any loan in my life.. not just IDFC First bank but any bank. Also, I have 3 cars but all were fully paid by cash. No loan on them either.

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Roushh wrote:

That’s possible. Although there is no new CIBIL enquiry made on my account.

It may take few months to update ?

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dev007 wrote:

You will be eligible for an EMI card after successful clearance of your 1st 4 EMIs. The card will be dispatched to you after 45 days from payment of the 4th EMI.

I have never applied for any loan in my life.. not just IDFC First bank but with any bank.

It’s really surprising to me because I am very very careful about where I give my PAN card or Aadhaar card.

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Simbha3 wrote:

It may take few months to update ?

Right.

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no idea bro

maybe on likes of Bajaj finserv card as suggested by other members

i would suggest going against  them officially for this non sense.


this is fraud prone area.

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Seems like EMI only card .

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Simbha3 wrote:

Seems like EMI only card .

Just talked to IDFC First Bank cc and they said it’s a EMI card, but they have no idea about how and why I got it. rage

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Roushh wrote:

I have never applied for any loan in my life.. not just IDFC First bank but any bank. Also, I have 3 cars but all were fully paid by cash. No loan on them either.

Are you using any credit card? If not then may be your spending of good amount by cash singled you out as a good target for such offers/schemes/fraud because a person already using credit card naturally knows about cibil score & giving that person another card is less preferable(unless he has good cibil score or the card is good & not like this waste card) compared to someone who spends a lot of cash but has no credit history or using that person’s pan for taking loan in a fraud way(may be your pan was leaked from one of your big cash transactions because you need to give pan for making cash transactions above 50k or commercial transactions above 2.5lakh).

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rogerthat wrote:

no idea bro

maybe on likes of Bajaj finserv card as suggested by other members

i would suggest going against  them officially for this non sense.


this is fraud prone area.

Yes it is a scam… sending cards to random people. Talking to IDFC First bank cc and they are clueless about how and why I got it.. Instead of helping me they are convincing me to keep the card and listing me all the benefits. rage

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guest_999 wrote:

Are you using any credit card? If not then may be your spending of good amount by cash singled you out as a good target for such offers/schemes/fraud because a person already using credit card naturally knows about cibil score & giving that person another card is less preferable(unless he has good cibil score or the card is good & not like this waste card) compared to someone who spends a lot of cash but has no credit history or using that person’s pan for taking loan in a fraud way(may be your pan was leaked from one of your big cash transactions because you need to give pan for making cash transactions above 50k or commercial transactions above 2.5lakh).

That’s probably the case.

IDFC First bank CC is saying that I probably received this card because I am member of one of their third-party partners but they are not sure which one. What a buttload of rubbish.

What you are saying is probably true. I am big spender online and they probably bought my info from these online companies who vow to care about our privacy.

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This a no-cost EMI Card from Capital First, similar to Bajaj Finserv card. As IDFC bank recently merged with Capital First, so they are issuing one EMI card for the existing bank customers also with a pre-approved limit. You can be able to use it to purchase in local electronics appliance store if they support Capital First. If you do not want to keep it, just send an email to that email address mentioned in the document received with the card. I too got one. There will be no enquiry in CIBIL for that. This is not active unless you use the card.

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I dont have credit card yet.. in hdfc net banking offering me life time free credit card with 1500 amazon voucher.. i am not sure what is tc.. what else could be catch.. as i am newbi on credit card part.. what kind of credit card it will be?

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asen wrote:

This a no-cost EMI Card from Capital First, similar to Bajaj Finserv card. As IDFC bank recently merged with Capital First, so there are issuing one EMI card for the existing bank customers also with a pre-approved limit. You can be able to use it to purchase in local electronics appliance store if they support Capital First. If you do not want to keep it, just send an email to that email address mentioned in the document received with the card. I too got one. There will be no enquiry in CIBIL for that. This is not active unless you use the card.

Thank you. That’s exactly what I am going to do. This card looks pretty useless to me.

Did you keep the card or return it? Any charges if I return it?

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Sidhi.Baat.No.Bakwas wrote:

I dont have credit card yet.. in hdfc net banking offering me life time free credit card with 1500 amazon voucher.. i am not sure what is tc.. what else could be catch.. as i am newbi on credit card part.. what kind of credit card it will be?

Most probably they are offering MoneyBack card which is LTF. This is their entry level card. I have it too.

Get it if it is a LTF card.

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Sidhi.Baat.No.Bakwas wrote:

I dont have credit card yet.. in hdfc net banking offering me life time free credit card with 1500 amazon voucher.. i am not sure what is tc.. what else could be catch.. as i am newbi on credit card part.. what kind of credit card it will be?

How much avg balance are you keeping in hdfc & for how long before you get this offer? Kotak bank also offer similar but not ltf “no documentation required” CCs in netbanking but on applying you will find out that unless you have a valid company/salary/self-employed status with ITR your application will be rejected irrespective of balance(a friend of mine who is in between jobs but has good acc balance of 1 lakh+ was rejected giving reason that salary/self-employed with decent income in ITR is must).

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EMI only card like Bajaj Finance… Mostly no use

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Off topic. How to get cibil score? Is it free to check?

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guest_999 wrote:

How much avg balance are you keeping in hdfc & for how long before you get this offer? Kotak bank also offer similar but not ltf “no documentation required” CCs in netbanking but on applying you will find out that unless you have a valid company/salary/self-employed status with ITR your application will be rejected irrespective of balance(a friend of mine who is in between jobs but has good acc balance of 1 lakh+ was rejected giving reason that salary/self-employed with decent income in ITR is must).

I dont keep more than 1 lakh in any acc except sbi.. so it will be near 1 lakh.. and its max account with 25k minm balance.. have platinum card which is free aswell.. i am self employed.. and most transaction i do with hdfc.. all online shoping etc.. .. just i wanted know tc and what kind of card it will be.. also catch.. bcz i dont want pay hidden charge.. my life is still good without credit card… I am not dying to get rolleyes

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Sidhi.Baat.No.Bakwas wrote:

I dont keep more than 1 lakh in any acc except sbi.. so it will be near 1 lakh.. and its max account with 25k minm balance.. have platinum card which is free aswell.. i am self employed.. and most transaction i do with hdfc.. all online shoping etc.. .. just i wanted know tc and what kind of card it will be.. also catch.. bcz i dont want pay hidden charge.. my life is still good without credit card… I am not dying to get rolleyes

Click on apply button they ll show you available cards.
No hidden charges .

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Sidhi.Baat.No.Bakwas wrote:

I dont keep more than 1 lakh in any acc except sbi.. so it will be near 1 lakh.. and its max account with 25k minm balance.. have platinum card which is free aswell.. i am self employed.. and most transaction i do with hdfc.. all online shoping etc.. .. just i wanted know tc and what kind of card it will be.. also catch.. bcz i dont want pay hidden charge.. my life is still good without credit card… I am not dying to get rolleyes

Acc was open years ago..offer checked recently idk from when it is apearing

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Sidhi.Baat.No.Bakwas wrote:

Off topic. How to get cibil score? Is it free to check?

Only once in a year as per RBI directions,you can create a free acc on CIBIL site using this link(keep your pan number ready):
https://myscore.cibil.com/CreditView/enrollShor...

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Roushh wrote:

Thank you. That’s exactly what I am going to do. This card looks pretty useless to me.

Did you keep the card or return it? Any charges if I return it?

No charges for keeping or returning. For now I kept it.

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Archie wrote:

EMI only card like Bajaj Finance… Mostly no use

Yes, it’s like that. No use for me either.

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Sidhi.Baat.No.Bakwas wrote:

Off topic. How to get cibil score? Is it free to check?

You can get FREE yearly credit report from CIBIL website too. https://www.cibi...m/

Signup and get 1 free report yearly.

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Simbha3 wrote:

Click on apply button they ll show you available cards.
No hidden charges .

I didn’t clicked yet.. i am afraid if it will direct aproval and send me card.. which idk what cateary it will be..

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