0 AMB ICICI Account (Privilege Banking program)

[Swastik]

Got it, can you please tell if any of these bank credit card, HDFC, ICICI, AXIS and Indusind add on helps build credit score?

I am a student and looking to make credit history without getting any fd backed cards using my family's card by getting add ons.

Thanks

yeah buddy, I'm in a similar fix
My gf has no Cibil, never filled ITR, so can't get anything except secured cards

someone on another thread recently stated that add on cards on Canara gets you cibil, but can't verify myself

 

[Swastik]

View attachment 70362
So the main difference is Lounge access!

What's the deal with Guest lounge access
Is it 3/Visit, 3/Qtr ?

 

[sjmajumder]

yeah buddy, I'm in a similar fix
My gf has no Cibil, never filled ITR, so can't get anything except secured cards

someone on another thread recently stated that add on cards on Canara gets you cibil, but can't verify myself

Add on cards do not help build credit history. You will be an authorized user only.

 

[sjmajumder]

What's the deal with Guest lounge access
Is it 3/Visit, 3/Qtr ?

3 guests in total over 2 visits in a qtr. So it is equal to 5 access. 2 for self, 3 for guests.

 

[Raghav2006]

yeah buddy, I'm in a similar fix
My gf has no Cibil, never filled ITR, so can't get anything except secured cards

someone on another thread recently stated that add on cards on Canara gets you cibil, but can't verify myself

Got it, thanks

 

[Raghav2006]

Add on cards do not help build credit history. You will be an authorized user only.

Ok sir, so is there any bank which helps create credit history for add on holders too? Or getting FD backed card is the only option?

 

[Ekavya]

yeah buddy, I'm in a similar fix
My gf has no Cibil, never filled ITR, so can't get anything except secured cards

someone on another thread recently stated that add on cards on Canara gets you cibil, but can't verify myself

You can get get her some BNPL service (Min Age 21). She can use it to buy products from Amazon/Flipkart ETC. And It will create CC score for her. And it's easy to get CCs from Amazon and Flipkart if you have their BNPL services. Then after getting the CC you can close the BNPL account.

 

[Ekavya]

yes yes

Family 360 Banking - ICICI Bank

Complete banking solutions for your personal, business and family needs

www.icicibank.com

Scroll down. The link for Brochure is there. The pic is from the Brochure

'not type of'. That itself is the Titanium DC which one gets with Family 360. The Titanium family DC which you get with Family 360, that photo I have attached above already

Man can you please confirm? If I add a ICICI account of my family member then will it also become 0MAB? And Can s/he access my account or use my funds using her credintials? Or it will be kept seperate?

 

[talkwithfino]

Man can you please confirm? If I add a ICICI account of my family member then will it also become 0MAB? And Can s/he access my account or use my funds using her credintials? Or it will be kept seperate?

I can confirm for maintaining Savings/ Current/ required FD Balance you can add Family Member.
I don't think his 'Account' will be 0 balance. It will be 10k or whatever the product requirement is. Since it will be linked to your ID under 360 Program, then it can be used as 0 MAB ( cause the req is to be maintained collectively. So if you are maintaining it, it will be 0 MAB for the rest)

The Primary Id can view and transact through other accounts linked to his ID ( details Idk, ask Icici )

 

[sjmajumder]

Ok sir, so is there any bank which helps create credit history for add on holders too? Or getting FD backed card is the only option?

The answer is already in my previous comment. Please read carefully.

 

[sjmajumder]

The Primary Id can view and transact through other accounts linked to his ID ( details Idk, ask Icici )

My BM offered me the service but I didn't take it.

 

[Ananthu113]

Thanks for the info but icici isweird. Their criteria says 4L cl. But for most even at 3L cl netbanking shows privilege branding. Some even got it at 2.5L.

1.7L 🖐️ 🙂

 

[Ekavya]

1.7L 🖐️ 🙂

Their are many criteria for getting Privilege Banking. 4L is one of them.

 

[Ekavya]

View attachment 48124

See this table

 

[Ananthu113]

Their are many criteria for getting Privilege Banking. 4L is one of them.

bro im telling that i got a privilege account with 1.7L amazon pay icici cc. im new to icici actually.
*i got this zero balance privilege account when i got approved for amazon pay icici cc, and the approved limit is just 1.7L

 

[skbgp]

I got with 1lakh IF and then removed funds after 3 days. It has been 1 year now. No downgrade happened yet.

 

[Swastik]

See this table

bro im telling that i got a privilege account with 1.7L amazon pay icici cc. im new to icici actually.
*i got this zero balance privilege account when i got approved for amazon pay icici cc, and the approved limit is just 1.7L

Some people are getting Pre-Approved 0 MAB account offers from ICICI just on the basis of Credit Card,
Some else has reported this few months ago

Usually these are NTB customers with only credit card

 

[Swastik]

I got with 1lakh IF and then removed funds after 3 days. It has been 1 year now. No downgrade happened yet.

ICICI usually doesn't downgrade Privilage,
They do downgrade Wealth to Privilage

 

[Ananthu113]

Some people are getting Pre-Approved 0 MAB account offers from ICICI just on the basis of Credit Card,
Some else has reported this few months ago

Usually these are NTB customers with only credit card

yeah I think banks are more attracted towards NTB customers than the existing customers. Once you got the product from them they generally dont look back
*The problem i faced with HDFC!!!

 

[Ekavya]

Some people are getting Pre-Approved 0 MAB account offers from ICICI just on the basis of Credit Card,
Some else has reported this few months ago

Usually these are NTB customers with only credit card

I am one of them