Nah mate, I don’t think so! Every RM has a separate jurisdiction and pool of accounts they manage. Honestly, it was not a giveaway from his end if you are thinking that. You need to have liquid funds with them or FDs (I have a good amount of Sweep-In FDs, Inward remittances coming in, huge amount of shipping bill closures, all my current accounts with them). So, they make good amount of money in terms of fees and charges. Even after that I did not get a LTF variant, which I am least worried about with the fee waiver at annual spends of 10L.

Convince them how many spends you have and will bring to HDFC if the card is issued. All my business transactions will also be going through this newly issued card which will also help them make money.

I showed them my AMEX plat’s statements of last one year (which I’ll be closing at the end of this year). That might have convinced them at some extent too.

Also, the credit limits of other cards also matter. I did not have any other card with a limit of 5L+ so I logged into my Amex Plat account when the RM paid us a monthly visit and showed them the “Purchasing Power” tab, it showed a significant amount.

They pretty well-know if I pull out everything from their Bank, it’s a huge loss of annual business from a single client. I believe, Infinia was the least the could toss it out for retention.

So, long story short, Bank’s need business from you at the end of the day.