ICICI Credit Cards - have they stopped issuing one?
- Thread starter Gannu
- Start date
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^^
Why did ICICI refuse you a CC, when your salary account is with them...? I think you should be able too, since they can 'monitor' your salary account. I got mine from CITIBANK as a default CC, easy cake.
Though they will cap you credit limit as per your monthly CTC. But it should not be that difficult.
Why did ICICI refuse you a CC, when your salary account is with them...? I think you should be able too, since they can 'monitor' your salary account. I got mine from CITIBANK as a default CC, easy cake.
Though they will cap you credit limit as per your monthly CTC. But it should not be that difficult.
Konquerror
Forerunner
Just got call from Deutsche Bank...they are offering me Platinum Credit Card free for life...but there was one time joining fee of Rs 1399/-...i refused...then they asked where I am working...after telling they said you will get the card free :rofl:
Emperor
Juggernaut
Konquerror said:
No fees (FREE) for 1st year, from 2nd year minimum Rs.750/- watch for catch while signup.
HDFC smart Girl with sweet voice offer me free CC for life time, I asked "Is it free for life time"
She: Yes Sir,
Me: OK, send your Rep. to signup the form, I will take your rep. signature & will keep the XEROX of all forms.
She: Drop the Call :rofl:
@Gannu : contact the chap who handles the office bank accounts from your office like new employee account opening and all, he will be best bet.
@All the readers,
Make sure when you apply for CC / Additional facility / Insurance or any other service with detailed, small printed forms always always keep a photo copy of the signed form with you.
I have seen a lot of sales people from CC / Telecom / Insurance / banking sectors ticking unwanted but highly notorious items after we sign the forms.
I have fought and reimbursed myself unwanted expenses / bill amounts for me and relatives.
PS : EDIT : Also strike out whatever not applied for / not needed / not applicable. Dont leave blank spaces.
@All the readers,
Make sure when you apply for CC / Additional facility / Insurance or any other service with detailed, small printed forms always always keep a photo copy of the signed form with you.
I have seen a lot of sales people from CC / Telecom / Insurance / banking sectors ticking unwanted but highly notorious items after we sign the forms.
I have fought and reimbursed myself unwanted expenses / bill amounts for me and relatives.
PS : EDIT : Also strike out whatever not applied for / not needed / not applicable. Dont leave blank spaces.
Emperor
Juggernaut
medpal said:
Hi docs,
Nice suggestions, but if we do same than there is possibilities that 90% time they will not offer any card (exception if your bal. with bank is in lakhs), as THE FINE PRINTS are major EARNING SOURCES for EVERY BANKs.
Even when I ask same, as above HDFC tele caller, she put the phone down
Konquerror
Forerunner
gforce said:
I work for Oracle. I have Standard Charted Manhattan Platinum card...this card is quite good. There is cashback of 5% on all supermarket purchases above Rs 500/-...and their offers are nice...right now they are offering 20% off maximum Rs 750/- on ebay. Also you will get additional discount of 5% if transection amount is more than Rs 500/- as ebay comes under super market :hap2: Also there is a offer of free ticket with every ticket in PVR. They offered me this card free for life time. Right now I'm pretty happy with this card...this is the only card giving me cash back.
Emperor said:
Well I asked specifically is there any charge in future. Their representative said it's free for lifetime. They told there is only one time joining fee of Rs 1399/- which they waived for me. Their representative will come tomorrow. Will get more details from him.
Yes...these credit card people will always try to add some additional chargeable service while signing up with card. Keep your eyes open while signing any document. While I was taing Standard Charted card, they had one document for some card protection plan...i refused to sign on that document. Thats it. Read each and every clause before signing on paper.
Gannu said:^Started working since July 2008 - why do you say so?
Because newly employed (and young) people have a mindset that makes them very risk prone...... I do not intend to say that you will do the same but there is a high probability....besides, almost every thing that you can do with a CC can be done with a Debit card ..... besides the interest rates charged on CC's are sky-high..... Einstein once said something like: “The most powerful force in the universe is compound interest†....You'd not like that force work against you, would you ? :no:
PS: Check this link out : http://freefrombroke.com/2009/04/credit-cards-suck.html
NinByChoice
Forerunner
malhotraraul
Galvanizer
i asked for a CC, they asked me to make a FD of minimum 20k, they will issue you CC with 85% limit of the FD amount but with yearly fees of 500/-
bitsandpieces
Explorer
Raghunandan said:
ebay 20% off is there, but it is only for the first transaction from any account. had to open a new ebay account for this
Konquerror
Forerunner
malhotraraul said:
Mine card is free and they gave whooping credit limit of 1 Lakh to me
hyeah: bitsandpieces said:ebay 20% off is there, but it is only for the first transaction from any account. had to open a new ebay account for this
Raghunandan said:
Yes it's there...check yourself New Page 1
malhotraraul said:
So theoretically they are saying:
1. Give us 20,000.
2. We give you a credit limit of 17,000.
3. We will charge interest on late payments and pending amounts.
4. You also pay 500 as annual fees.
Which boils down, to they are managing RS. 20K for you, charging you interest on your collateral against which they issued you the original RS. 20K AND you pay a fees for this. Tell this bank to **** off. The CC model does not work like this. Is this ICICI...?
@Konquerror:
They decided your credit limit based on what...salary..?
Konquerror
Forerunner
^^^Yes...I think so as they took one month salary slip from me. Also I think my old credit card issuer bank (HDFC) must have given very good feedback to them 
These credit card companies generally consult other banks of whom you are holding credit card. They take their feedback and decide the credit limit. I have never defaulted any credit card payment, that's why they might have given good feedback.
These credit card companies generally consult other banks of whom you are holding credit card. They take their feedback and decide the credit limit. I have never defaulted any credit card payment, that's why they might have given good feedback.
malhotraraul
Galvanizer
asingh said:
Exactly & i had to call them, though i am a icici savings back account holder, they do not even bother to call you back which is not a normal practice by CC departments, they bother you day and night unless you take it or refuse it & this shows that they are totally fcuked by previous experience, whereas other CC's prevail without any problem.
NinByChoice
Forerunner
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