OneCard - OneCard Lite

[Jonas]

My limit got slightly increased today. Had to update the app in order to do it.

 

[Smh]

one card updated old card as closed properly in cibil report.

 

[Xposed]

did you close it?

 

[Jonas]

The partner bank changed and they issued new CC to everyone, earlier it used to be IDFC First.

The old cards have been reported to be closed.

I am yet to check my Cibil report though.

 

[mikrotik]

I think you are missing the point. OneCard is only the mediator. CIBIL reporting is done by the issuing bank and not the onecard. Since IDFC is no longer providing you with that credit line, it will be updated as closed account.

 

[Jonas]

The point is, stay away from startups in India.

 

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[mikrotik]

Fi ne Acha sabak sikha diya mujghe. Startup ke pass paisa mat chodo.

 

[Smh]

I am actually okay with old card being reported as closed. No effect on my cibil as new card with higher limit is also reported in cibil.

Unlike Amazon pay later which still didn't marked the loan as closed.

And one card gave an option to switch or not. Again much better than just doing partnership with multiple banks and allot multiple small loans.

 

[imdarkray]

I forget to update you here about my issue.
I made two Ombudsman complaints. First against SBM bank (provider of my One card CC) and second against Paytm.
The first was closed saying that the merchant reported on the transaction is Paytm as they are not providing the service denial letter nothing can be done.
and Second is closed saying that Paytm wallet or bank is not involved in the transaction.

Both contradict themselves and there is nothing I can do now other than change this to a legal case which I don't have time to do.
I will be closing my CC once it completes a year.

 

[royalroy]

Escalate the first ombudsman complaint mentioning the second complaint details.