@alexnazy Have never been told directly that is the reason for a card application getting turned down. Off late I did apply for AU Small Savings Bank CC and it was rejected with a very generic response. I stopped applying for cards for a long time until I applied for an Axis Ace & HDFC Tata Infinity Rupay card. Post that no other card application. I think I am going to cap this with the Edge Rupay variant. Managing usage across all the cards can be tricky.
Jupiter - Primary account
HDFC Salary Account
Paytm Payments Bank,
Kotak 811
Fi Money
State Bank of India
AU Small Finance Bank
Indie by Indusind
Credit Cards -
Bank of Baroda Select Card
HDFC Bank Millennia Card
ICICI Bank Amazon Pay Card
SBI Cashback Card
IndusInd Legend Credit Card
Swiggy HDFC Bank Credit Card
AU Small Finance Bank Vetta Credit Card
PNB Rupay Platinum Card
Bank of India (Primary)- since 2017
Jupiter (secondary) - since 2022, may.
IDFC (for savings) - opened April 2023, closed July 2023 (they forced to close the account)
HDFC Digisave youth account ( No major reason to open this account) - Opened july.
Credit Cards -
Onecard by SBM bank - closed
IDFC WOW.
Federal Signet Rupay.
The thing is that I opened my bank account online, after 2-3 months suddenly one day debit transaction was stopped in my account, I called customer care, they said there is a mistake in your address so we stopped the debit transaction. Update from any branch then your account will be fixed.
Then I went to Barasat branch near my house they updated and did kyc then said that it will open in 2 days, then 1 week passed but still not opened the debit transaction.
Then I went to the branch again and they said see you have opened an account online, it is the responsibility of the main branch to see it, now we have done everything on our behalf, since they have stopped the debit transaction only they can open it, not us. Then I left, they called after 1 day and said to go to the branch, I went and they said you have to close the account.
Bank accounts
Jupiter: Primary A/C
Canara Bank: For JRF Fellowship
Kotak 811: Back-up A/C
DBS: opened in 2014 closed in 2020 ( due to Debit Card delivery issue) [ My 2nd favourite account after Jupiter]
Credit Cards
Jupiter Edge
Kotak League
Kotak Urbane
Amazon Pay ICICI
RBL Shoprite
RBL Edition (closed)
One Card
Paisabazar SBM
I love the app and internet banking portal. They are both minimal and functional. I loved the fact that you don’t have to enter OTP for everything. They somehow have a great security system in place which doesn’t use OTPs all the time.
Unfortunately, I had to close the account as I was unable to maintain a lot of Bank accounts.
Yup, there is no doubt about DBS.
I think no OTP option was 1st in the industry. Never faced a technical glitch from their end.
Customer support is also great.
DBS was my primary account but, unfortunately I had to bid goodbye to DBS.
ICICI - I had 2 accounts - 1 personal and 1 joint account. The joint account was nostalgic as it’s my first bank account ever. So I stuck with that and closed the salary account (after I changed companies) where I had to maintain a minimum balance of Rs.10000.
Finin - they closed down as they were selling their business to Open. They had a tie-up with SBM. So that got closed.
Niyo - they discontinued their tie-up with IDFC Bank. So Niyo got closed and IDFC continued from there. I still hold the IDFC account.
Airtel Payments Bank - they started charging subscription fees for account. They also started charging for every service Eg. SMS notifications. And as I didn’t see value in holding the account, I closed that.
DBS Digibank - I liked this bank and the account. But as I had more accounts, it came down to either DBS or Jupiter/Fi. I think there is still potential in Jupiter/Fi. So I closed the DBS account. I do still feel bad about closing the DBS account as it was the first account that I opened without any branch visit - many years before the Neo Banking hype.
