POSTED BY May 31, 2013 1:47 pm COMMENTS (5)ON
now a days every tom, dick, and harry is getting a platinum / titunium credit card. i am looking for a credit card which stands apart and evokes social image / prestige. at the same time it should be affordable also.
1. is the visa signature card considered more expensive ( to get one ) / elite than titunium in the hierarchy of cards ( signature > titunium > platinum )?
2. all those banks ( sbi, hdfc, icici…i don’t know the complete list ) offering visa signature – which one of them has got the most liberal / least stringent earning criteria? in other words, what should be the minimum annual income?
3. is mastercard world card a good alternative ( for the purpose of social image boosting ) / considered as more elite than titunium ones? if so, what should be the minimum annual income?
4. is it a good idea to upgrade gradually ( to reduce chances of rejection )? i hold a gold credit card at present. shall i go from gold to platinum to titunium to…??
i am surprised that hdfc wants the visa signature / mastercard world card holder to spend 50,000 rupees annually to waive the annual membership charges. 0.5 lakh being such a small amount i am guessing that hdfc won’t ask for high annual income – is it so? how much could it be??
thanks in advance.