AtheK Posted September 7, 2023 Report Share Posted September 7, 2023 On 9/5/2023 at 6:26 PM, abhi90 said: Not a forex card, but if you don't care about rewards you can look at federal bank's Scapia, it offers 0% forex charges for a LTF card! I applied for this card mainly for the Unlimited Domestic lounge access, catch is that you need to spend minimum 5K per cycle for be eligible. I did not read the blue print before applying, now it will come, but guess 5K is no big deal to spend a month. Quote Link to comment Share on other sites More sharing options...
dante77 Posted September 7, 2023 Report Share Posted September 7, 2023 2 hours ago, ZooZoo said: why not try applying and going through with process, no harm in that. They are pretty fast, its a 5 min process. It does not let me apply without FD option. Quote Link to comment Share on other sites More sharing options...
dante77 Posted September 7, 2023 Report Share Posted September 7, 2023 What's up with HDFC bank Diners club privilege credit card? Is it better than Regalia? I got a message that I can apply for this but don't if it will be LTF and how is it any better. Quote Link to comment Share on other sites More sharing options...
SuperT Posted September 7, 2023 Report Share Posted September 7, 2023 32 minutes ago, dante77 said: What's up with HDFC bank Diners club privilege credit card? Is it better than Regalia? I got a message that I can apply for this but don't if it will be LTF and how is it any better. Dinners acceptability is horrible. Keep the Regalia. If it was the Dinners Club Black you could have still considered it. Quote Link to comment Share on other sites More sharing options...
AtheK Posted September 7, 2023 Report Share Posted September 7, 2023 Like the fact that how smooth getting the Scapia card was, it was activated within hours of applying. good stuff. Quote Link to comment Share on other sites More sharing options...
dante77 Posted September 7, 2023 Report Share Posted September 7, 2023 27 minutes ago, AtheK said: Like the fact that how smooth getting the Scapia card was, it was activated within hours of applying. good stuff. Is it Life time free? Quote Link to comment Share on other sites More sharing options...
AtheK Posted September 7, 2023 Report Share Posted September 7, 2023 2 hours ago, dante77 said: Is it Life time free? That is what they say, if they put a charge i discontinue. The free lounge has a catch that you need to spend minimum 5k per billing cycle. Quote Link to comment Share on other sites More sharing options...
Mr_Mediocre Posted September 7, 2023 Report Share Posted September 7, 2023 (edited) Free lounge access (without any caveats) will soon disappear. Anyway, not every lounge is included. Lounge operators are minting money but at the expense of actual, premium customer experience. Banks are feeling the heat of increasing prices as well due to supply/demand scenario and cutting down free access. Just check Dreamfolks quaterly report and concall, they specifically mentioned reduced revenue from the banks. Scapia will get market share and then change the T&C, every player does this and then the cycle repeats. I personally support this, keep lounge access to the actual premium cards like Infinia, Plat Charge, Prestige, Reserve, maybe Magnus etc. Charge a good penny (10k+) and remove access from free/penny cards. Lounges are anyway filled to the brim with Gupta uncles carrying 100 LTF cards for their family. Nothing is LTF in fintech, they can make you pay for your card anytime they want. Edited September 7, 2023 by KunjanPSD 1 Quote Link to comment Share on other sites More sharing options...
dante77 Posted September 7, 2023 Report Share Posted September 7, 2023 12 minutes ago, AtheK said: That is what they say, if they put a charge i discontinue. The free lounge has a catch that you need to spend minimum 5k per billing cycle. I see it has a catch that no one should not have a personal loan. I don't have any but I had a UNI card which was registered as Personal Loan. My regret for getting that card is point increasing. Quote Link to comment Share on other sites More sharing options...
silv3rgunn3r Posted September 8, 2023 Report Share Posted September 8, 2023 (edited) 7 hours ago, KunjanPSD said: Free lounge access (without any caveats) will soon disappear. Anyway, not every lounge is included. Lounge operators are minting money but at the expense of actual, premium customer experience. Banks are feeling the heat of increasing prices as well due to supply/demand scenario and cutting down free access. Just check Dreamfolks quaterly report and concall, they specifically mentioned reduced revenue from the banks. Scapia will get market share and then change the T&C, every player does this and then the cycle repeats. I personally support this, keep lounge access to the actual premium cards like Infinia, Plat Charge, Prestige, Reserve, maybe Magnus etc. Charge a good penny (10k+) and remove access from free/penny cards. Lounges are anyway filled to the brim with Gupta uncles carrying 100 LTF cards for their family. Nothing is LTF in fintech, they can make you pay for your card anytime they want. Well that sucks I just want a zero forex markup Ltf card for purchasing on US/uk websites. So federal scapia card won't be good? If so, Can you please let me know If there's any other ltf card or a decent card with zero forex markup. Idfc wow and rbl safari are good but require u to maintain a FD with them lol. Have FD's maintained already and don't intend to add more Edited September 8, 2023 by silv3rgunn3r Quote Link to comment Share on other sites More sharing options...
Mr_Mediocre Posted September 8, 2023 Report Share Posted September 8, 2023 1 hour ago, silv3rgunn3r said: Well that sucks I just want a zero forex markup Ltf card for purchasing on US/uk websites. So federal scapia card won't be good? If so, Can you please let me know If there's any other ltf card or a decent card with zero forex markup. Idfc wow and rbl safari are good but require u to maintain a FD with them lol. Have FD's maintained already and don't intend to add more You can use Scapia. The day it starts charging you any fees, close it and move on to the next. 1 Quote Link to comment Share on other sites More sharing options...
Root Posted September 8, 2023 Report Share Posted September 8, 2023 10 hours ago, KunjanPSD said: maybe Magnus Maybe? How dare you! Quote Link to comment Share on other sites More sharing options...
Mr_Mediocre Posted September 8, 2023 Report Share Posted September 8, 2023 5 minutes ago, Root said: Maybe? How dare you! Magnus with Burgundy or even without it remains a premium card. Old Magnus just spoilt us. Quote Link to comment Share on other sites More sharing options...
silv3rgunn3r Posted September 9, 2023 Report Share Posted September 9, 2023 On 9/8/2023 at 10:46 AM, KunjanPSD said: You can use Scapia. The day it starts charging you any fees, close it and move on to the next. I applied and application was approved the same day. Will use it till it's LTF. Thanks Quote Link to comment Share on other sites More sharing options...
0verlord Posted September 12, 2023 Report Share Posted September 12, 2023 After a lot of harassment for verification, finally got my hands on SBI Cashback card a beautiful card 1 Quote Link to comment Share on other sites More sharing options...
Shantz Posted September 13, 2023 Report Share Posted September 13, 2023 (edited) Anyone has contact of an HDFC RM who can help apply for infinia? Now that Magnus is useless want to switch, but hdfc doesn’t let one apply for infinia directly :| Edited September 13, 2023 by Shantz Quote Link to comment Share on other sites More sharing options...
Mr_Mediocre Posted September 13, 2023 Report Share Posted September 13, 2023 52 minutes ago, Shantz said: Anyone has contact of an HDFC RM who can help apply for infinia? Now that Magnus is useless want to switch, but hdfc doesn’t let one apply for infinia directly :| Do you have an HDFC bank account? Highly unlikely that your Infinia application will be accepted it you don't have a relationship or a weak relationship. (assuming you will be applying on the basis of Salary criteria). My cousin's application was rejected even after furnishing proofs of 5L+ net salary but in a non-HDFC account. Currently, they are expecting 10L+ limit on existing HDFC card + 7.5L spends in last 6 months or 3L+ net salary + 7.5L spends. Unless you have an HDFC card or a bank account with high quaterly balance/FDs, chances are less. Though, runs a campaign for providing Infinia every 6 months or so, they are a bit lenient then. RM will definitely ask you to open XX account with YY balance or shift your salary account to HDFC. You can still try via HDFC priority redressal. Quote Link to comment Share on other sites More sharing options...
dante77 Posted September 13, 2023 Report Share Posted September 13, 2023 Damn! I take no use of my RM! Quote Link to comment Share on other sites More sharing options...
Mr_Mediocre Posted September 13, 2023 Report Share Posted September 13, 2023 12 minutes ago, dante77 said: Damn! I take no use of my RM! I am gonna file a complaint against mine and change him. Mine is a joint account, with me being the primary holder. Had a decent sum of funds in savings for XYZ purpose and the RM kept calling me to convert them to FD, you know, telling me how inflation works. I rejected. He then calls my mom, the joint holder and tries to get approval from her for FD. What a leech. This guy couldn't convert my Regalia to LTD DCB via alumni route and then to Infinia. While grievance did both the upgrades swiftly. Absolutely useless. Plus, I am sure he eats gutka constantly, can't even speak without his mouth full. Quote Link to comment Share on other sites More sharing options...
dante77 Posted September 13, 2023 Report Share Posted September 13, 2023 1 hour ago, KunjanPSD said: I am gonna file a complaint against mine and change him. Mine is a joint account, with me being the primary holder. Had a decent sum of funds in savings for XYZ purpose and the RM kept calling me to convert them to FD, you know, telling me how inflation works. I rejected. He then calls my mom, the joint holder and tries to get approval from her for FD. What a leech. This guy couldn't convert my Regalia to LTD DCB via alumni route and then to Infinia. While grievance did both the upgrades swiftly. Absolutely useless. Plus, I am sure he eats gutka constantly, can't even speak without his mouth full. Mine is a girl. Talks nicely but yeah she always try to lure me into schemes like open FD or Mututal Funds. I am starting to think that these RMs promote more and help less. So much for priority banking! Quote Link to comment Share on other sites More sharing options...
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