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SBI Wealth Banking

How long should we have 50L TRV before asking them to upgrade to Wealth? I have no intention of keeping more than 5L there in the end.
U can put the amount in ur CIF linked accounts and ask them immediately for Wealth Upgrade. Keep promising that you will maintain that balance with SBI. If they agree, they will do that immediately.
But, if you are determined not to keeping more than 5L with them, then I suggest Don't onboard to Wealth as, they will downgrade your account as a normal SB account after some reminders. Only benefit you can get is their Premium Debit Cards. But, Don't know, if they charge AMC for that Card after downgrade. If they charge, then, no point of Onboarding to Wealth. Rather you can collect Other Bank Rupay Select Debit Cards, which are eligible for Rupay Select Benefits. Check from npci website.
 
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U can put the amount in ur CIF linked accounts and ask them immediately for Wealth Upgrade. Keep promising that you will maintain that balance with SBI. If they agree, they will do that immediately.
But, if you are determined not to keeping more than 5L with them, then I suggest Don't onboard to Wealth as, they will downgrade your account as a normal SB account after some reminders. Only benefit you can get is their Premium Debit Cards. But, Don't know, if they charge AMC for that Card after downgrade. If they charge, then, no point of Onboarding to Wealth. Rather you can collect Other Bank Rupay Select Debit Cards, which are eligible for Rupay Select Benefits. Check from npci website.
Yeah, if the card is paid after a while, then it loses all the attraction since their Wealth a/c barely has any benefit.
 
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