Except few, almost all Secured Cards currently available in the market are already Unconditional LTF.
So, if they follow the same route and offer their Secured Card as Unconditional LTF in future, then it’s nothing exceptional from Jupiter because if they try to make chargeable then it may prove super flop.
But if they offer their Unsecured Credit Card as Unconditional LTF then it can be considered worth for early adopters.
This is not true… with in next 3-4 months, we would look to offer secured card also. As of now, focus is on unsecured CC and get this right first.
That’s fantastic news! 
Thank you for confirming, sir.
I dont understand why do you keep repeating the same thing. I can understand once but every comment has the same jist.
Do you expect that if you keep on harassing Jupiter on this forum they might give you an LTF card just to shut you up 
Alec, I do not think it was outright stated that Jupiter only wants salary account holders. Yes, it was stated they are one of the target customers.
This is really a good news. 
Whats the difference between unsecured and secured CC?
Unsecured CC do not need you to create a fixed deposit against which your card is approved. It is purely approved based on your credit history, income profile and other risk parameters and based on that a credit limit is assigned.
Secured CC needs you to create a fixed deposit based on which a limit is assigned to you. Typically these cards are issued in a way to help with people no credit history or not so good credit history.
Did I replied to you? I don’t express my views for you to read, if you find them repetitive then it’s your problem, I can’t do anything in that case. Moreover, don’t poke your nose in someone else’s conversations.
What do you mean by harassing? It’s not necessary that everyone will do chamcha-patti for coming into limelight. This is consumers’ forum and both positive & negative feedbacks are two sides of the same coin.
For your kind information, I am not dying to get Jupiter CC, as I am already holding almost 15 - 16 CCs from one of the most reputed Banks, so I don’t bother much if I won’t hold this CC.
One more thing, always remember that Consumer is the King. Jupiter’s survival depends on me, but my survival doesn’t depend on them, unless I am their employee, which I am certainly not.
And yes, even if they will give an LTF card to me then also they will not oblige me, because they will also earn from MDR, interests, penalties, EMI charges etc. from me. So its simple business and not any charity. Got that?
Secured CCs are best bets for Banks, because they will get Collaterals in the form of FDs against the issued CC. So if any card holder delay or default the payment then Bank can break the FD and recover its amount.
Currently Secured CCs are getting popularity for generating credit ratings (for. persons without any credit history) and for improving credit ratings (for persons with payment defaults in past). One Card has transformed this segment by offering 110% Credit Limit against Total FD, which highest in entire BFSI and introducing minimum FD of Rs. 2000 for getting their Secured CC.
Well if i may rebut you
Giving LTF credit card to somebody who is already holding multiple over powered card & who may used the card hardly couple of times for bank specific offers yearly is definitely a loss making prospects for any bank who is doing business not charity and ethically it will be injustice to others whose limited slot are being taken by CC collector.
OneCard lite was my first ever credit card. But, I think now they offers only 100% of the FD amount as the credit limit. Because I can’t see 110% anywhere on the app at present.
Go for paisabazar sbm credit card with 2k/5k fd for credit score generation.
After building credit score apply for onecard for unsecured metal CC
Don’t assume things in your mind. Those who are having multiple CCs are not always CC Collectors and all CCs are also not LTF. If they are chargeable then they are justifying their fees in the eyes of the CC holders and they have to use their CCs up to the threshold limit set for waiver of Annual Charges.
Keeping multiple CCs is not a crime, it also shows the Credit Worthiness of the person. Moreover, if you crib that “ethically it will be injustice to others whose limited slot are being taken” then you must cry against issuer Banks because they do issue their CCs to existing Card Holders of other Banks by processing their applications through C2C.
One more thing, if Banks were actually incurring heavy losses from issuing LTF Cards, which majority of Customers are holding for collections and not giving any business to them (as you mentioned), then they must have lowered downed their shutters and filed Bankruptcy by now.
Okay, then they might have lowered it for reporting it as a Secured CC in Credit Bueros, because in case of 110% credit limit issuance, they have not reported FD amount in CIBIL so it will be counted as Unsecured CC in terms of Credit Buero, but actually its Secured CC. Because technically Credit Limit of Secured Card can’t go above the amount of collateral taken against it.
While in case of 100% Credit Limit they must be reporting Collateral against the card (i.e. FD Amount) in CIBIL.
Kotak Mahindra Bank and Bajaj Finserv have very bad reputation in case of late or default payment.
Ohh okay, I am not aware about the recent changes in One Card Lite.
Just think ethically
If every cc collector starts collecting each and every LTF card which are definitely launched in a limited set of target range to onboard new CC user who may not think of getting into paid Credit card variant on first place from debit card usage due to many reasons, then it will exhaust the targeted range and ultimately somewhere down the line some new 2 cc will be deprived. So its a injustice to them.
& Regarding your LTF issuing bank not getting bankrupt query, here also somewhere down line somebody is paying in form of interests,etc
In short nothing is Free
If problem persists and online customer care don’t provide satisfactory result then visit nearby branch of IDFC FIST Bank and try to talk to the Branch Manager about your issue, it can be possible that he may help in such a case. I am not sure about this but just giving suggestion.
Let me tell you one thing straight forward, will you hold just 1 LTF Card when multiple banks will offer it you?
There is nothing unethical in holding multiple CCs and that too LTF. I do business on each and every CC, even on LTF CCs. ICICI Bank has given me Coral VISA LTF and it has a fee waiver on spends of 1.5L for chargeable card holder, from last 2 years, my spends are 2L+ each year. Last years spends on Apay ICICI was 4L+. Even if somebody is holding it for just collection then also its not unethical.
LTF cards are similar to the bait that has been kept on the hook for catching the fish.