r/CreditCardsIndia_

I came across an ad claiming you could get instant cash from swiping your credit card, but with some interest involved.

Made me wonder, I’ve noticed shops with solid cash flow and POS machines sometimes push this.

A couple things I’m unclear on:

1. Is it fully legal and above board?

2. What’s the upside for the merchant? Just their swipe fees, or does it get booked as normal sales for other reasons?

3. Beyond the instant cash, why would anyone do it as a customer? You’re covering merchant fees plus bank interest too, right?

Anyone with real-world experience or insights on the mechanics?

I got my Amazon Pay ICICI credit card in 2021 with a ₹50,000 limit.

Since then, the limit was never increased, and I never received any limit enhancement offer.

After reading suggestions on this sub, I emailed ICICI Bank from my official work email on July 1, requesting a credit limit increase.

Yesterday, my limit was increased directly from ₹50,000 to ₹4,00,000.

I saw this on swiggy giving orange LTF and 12 months one subscription free should i go for it? I already hold Millennia as well

Will I be charged 4000₹ or 4042.48?

I was using the Amazon ICICI one till now. But wondering if there is something better out there.

Which is your top pick?

Axis Magnus Credit Card can now be gotten LTF. The key catch is it applicable to only salary accounts.

Sharing step by step guide below:

• Verify your salary: Your net monthly salary must be greater than ₹3 Lakhs (or ₹2 to ₹2.5 Lakhs for select corporates).

• Open the account: Open a salary-based Axis Burgundy account on or after July 1st, 2026.

• Get the card: Procure the Magnus credit card during or after the account opening.

• Deposit salary: Ensure your monthly salary is credited into this new Axis account.

Anyone planning to get this? Card can then be upgraded to Magnus Burgundy for the benefits.

Dear HDFC CARD HOLDER

IS THIS REALLY TRUE ABOUT THE MASSAGE AND DID ANYONE RECEIVED ON EMI CANCELLATION

PLEASE SHARE YOUR POINT

Infinia’s Brand Voucher rewards are now capped at 3,000 reward points per calendar month.

Same story for:
• Diners Black Metal/ BizBlack – 3,000
• Diners Black – 3,000
• Regalia Gold – 3,000

This is a massive devaluation for gift cards from HDFC.

Do you think this will be reverted? What’s the best option for vouchers now?

I had recently got 4 new Visa credit cards and out of them I have done transaction over 300 in 2 cards

Today I logged in to the website to claim Rewards amd its showing this page

In left side it shows that Reward Unlocked and in Right side it says Locked

Im confused, Do i need to do 300+ transaction in one go or something. I have done 2×150 transactions in both the cards making into 300 in each

Need help here

TL,DR: ICICI didn't close my card despite me having sent a request over email. 200+ days later, I complain to RBI and ICICI settles with me for 1.09 lacs

I remember having read the story of someone who got >2 lacs from their bank because bank didn't close their credit card. Which is why, the credit for this win goes to this sub.

I had gotten a Sapphiro add on card for a family member which was said to be free (my Sapphiro is LTF). At some point, the bank levied a 200+ GST add on card fee. I begrudgingly paid it and then asked them to close the card. Since Sapphiro gives you 2 cards - 1 AMEX and 1 Mastercard, they only closed one card and next year, levied 200 +GST again. I was very upset, but begrudgingly paid it and asked them to close the other card too. Third time, they levied 200 annual fee again. I have many card and once again thought that I might have closed only one card. Requested the RM to cancel the fee but she refused (very sweetly, I might say).

I went back to my emails to find the cancellation request and found out they I had explicitly requested to close the card for which they levied annual fee. That's when I remembered the story from this sub and emailed the Nodal Officer.

During this time, my RM, her manager and one other person from ICICI called me - first trying to hoodwink by saying we are reversing the 200 + GST fee, then emotional blackmail (job chali jayegi, pocket se dena padega etc.).

But I wanted the money, so said no (very sweetly) of course. I, in fact also gave them the heads up that you still haven't closed my card so the penalty is still increasing 500/day.

Nodal Officer just kept extending dates for response by 5 days every 5 days through automated emails. Finally after 30 days, I filed complaint on RBI portal. That's when I received an email from Nodal Officer with settlement request. I settled for around 10k less than what RBI would have given because I wanted to close the matter quickly.

But yes, the justice felt sweet. Also, ICICI posted a big profit, so it's not like the bank is struggling. So I have no qualms.