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Is IndusInd Pioneer Account Worth It? Need Advice!

Hi everyone,

I’m considering opening an IndusInd Pioneer account and wanted your opinions on whether it’s worth it. The account requires maintaining an AMB (Average Monthly Balance) of ₹10L, and here are the main benefits they’re offering:

Free Locker Facility
Interest Rate of 7% on Savings
BookMyShow Tickets
Unlimited Lounge Access
Heritage Private Metal Credit Card at ₹15K per annum (fee waived on annual spends of ₹10L)
While these perks seem attractive, I’m wondering if this is the best option available or if there are better alternatives in this segment from other banks.

Does anyone here have experience with this account or similar premium accounts? Are these benefits really as useful as they sound?

Appreciate your insights!
 
Does anyone here have experience with this account or similar premium accounts? Are these benefits really as useful as they sound?
I hold Pioneer family banking with IndusInd for higher interest rates in both FD and Savings Accounts. You can combine multiple accounts to maintain a cumulative balance. I don't believe there will be an issue if you don't maintain the AMB. You may want to discuss this with your RM. They can help you with reversal incase there is any charges for non-maintaining the AMB.
 
Try negotiating Heritage Private Metal Credit Card as LTF.
I hold around 1Cr NRV with IndusInd and I am trying for Heritage LTF for a long time but no improvement.
There are only 2 options,
- 1L joining fee + 18% GST & 25k annual fee (Once I got an offer for joining fee waive off but I refused since the annual fee is too high)
- 2L joining fee + 18% GST & LTF

I am not sure if anyone has received LTF offer for Heritage card without joining fee.
 
I hold around 1Cr NRV with IndusInd and I am trying for Heritage LTF for a long time but no improvement.
There are only 2 options,
- 1L joining fee + 18% GST & 25k annual fee (Once I got an offer for joining fee waive off but I refused since the annual fee is too high)
- 2L joining fee + 18% GST & LTF

I am not sure if anyone has received LTF offer for Heritage card without joining fee.
Revised offer that I have now,
- 1L joining fee + 18% GST & 25k annual fee
Offer: I got an offer for 1L joining fee waive off but I refused since the annual fee is too high
- 2L joining fee + 18% GST & LTF
Offer: I got an offer for 1L joining fee + 18% GST & LTF ( I am working to have the joining fee waived or to receive additional vouchers to purchase gold to cover the value difference )
 
The joining fees of Indus Ind cards are ridiculous. Even if they offer at LTF, they will make sure that they charge Joining Fees equivalent to 10 years annual fees.
 
I hold around 1Cr NRV with IndusInd and I am trying for Heritage LTF for a long time but no improvement.
There are only 2 options,
- 1L joining fee + 18% GST & 25k annual fee (Once I got an offer for joining fee waive off but I refused since the annual fee is too high)
- 2L joining fee + 18% GST & LTF

I am not sure if anyone has received LTF offer for Heritage card without joining fee.
With this NRV, better upgrade to IndusInd Private Pioneer, it's CC is super
 
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