0 AMB ICICI Account (Privilege Banking program)

[Fini7777]

Ye scam hai bhai. Around 1 year back when I got sapphiro, the caller had all the information like basic identification details of me, card number. And he used the same line moto charges. And this type of call was quite common among the users who at that time applied for new credit cards from ICICI. Just disconnect and report on DND app, trai portal, Sarthi portal.

Yes, just now confirmed with cust care u r right

 

[deepak84]

Hi, this is not related to ICICI account, but recently my brother received his Rubyx dual variant card, which was offered as LTF.

Today, he received a call where the person mentioned that he has to pay ₹3,500 because some "Moto services" are activated on his card, which we didn’t opt for. We also noticed that the card was shown as LTF during the application process.

is it spam or does ICICI activate these type of services without our consent?

These days people will go to any extent to scam you! Good that you did not respond.

 

[card-shard]

Anyone with ICICI credit card with minimum 4L credit limit can get privilege account which has a MAB of 1L at 0 MAB.
Given the way ICICI is generous with its credit limit enhancements, its kinda very easy to get this limit.

If you are existing ICICI savings account holder, you can fill upgrade form & enjoy the benefits.
If you don't have savings account, you can open any basic account & fill in upgrade account form.

Family 360 Banking - ICICI Bank

Complete banking solutions for your personal, business and family needs

www.icicibank.com

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Not much of benefits, apart from LTF platinum debit card & family banking program.
And BMS 2+2 on family debit card

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In the "rewarding benefits" section, it's mentioned that AMB waiver is only for 1st year.
Anyone having 0AMB privilege a/c due to credit card limit, please confirm if they were charged later for not maintaining AMB.
Is there any other screenshot or written communication for lifetime 0AMB waiver for privilege customers.
Is the titanium DC also free forever, or there are annual charges? (DC is LTF as per website details)

Customer care says I will hv to deposit 95K.
😕 😕

 

[aniketkr.sharma]

In the "rewarding benefits" section, it's mentioned that AMB waiver is only for 1st year.

Anyone having 0AMB privilege a/c due to credit card limit, please confirm if they were charged later for not maintaining AMB.
Is there any other screenshot or written communication for lifetime 0AMB waiver for privilege customers.

Is the titanium DC also free forever, or there are annual charges?

Customer care says I will hv to deposit 95K.

Titanium debit card is also devalued, I remembered it was having a withdrawal limit of 4.5 lacs per day but now I can see it's only 1 lacs per day,

Interesting thing is mine limit is still 4.5 lacs per day exceeding the max allowed lol

 

[cardio_guycardio_guy is verified member.]

Titanium debit card is also devalued, I remembered it was having a withdrawal limit of 4.5 lacs per day but now I can see it's only 1 lacs per day,

Interesting thing is mine limit is still 4.5 lacs per day exceeding the max allowed lol

Also wierd that I was seeing the app allows to set a higher withdrawal limit but it doesn't work in real case. (Not sure I don't have the titanium card anymore)

 

[Strange]

Titanium debit card is also devalued, I remembered it was having a withdrawal limit of 4.5 lacs per day but now I can see it's only 1 lacs per day,

Interesting thing is mine limit is still 4.5 lacs per day exceeding the max allowed lol

Titanium Mastercard debit card ATM withdrawal limit has always been 1L and 50k for VISA. Just ignore the limits in the iMobile app or NetBanking. 🤣🤣

 

[aniketkr.sharma]

Also wierd that I was seeing the app allows to set a higher withdrawal limit but it doesn't work in real case. (Not sure I don't have the titanium card anymore)

I had set that maybe 3-4 years ago and from then no change only transaction on & off. So it's still same as it was, but observed the day before yesterday when I had to do an atm transaction.

 

[aniketkr.sharma]

Titanium Mastercard debit card ATM withdrawal limit has always been 1L and 50k for VISA. Just ignore the limits in the iMobile app or NetBanking. 🤣🤣

It was bro, I withdrawn 3 lakhs when I opened the account & from that day it's still set to 4.5 lacs, but max its showing now is 1 lacs and on international its still 4.5 lacs

 

[Strange]

It was bro, I withdrawn 3 lakhs when I opened the account & from that day it's still set to 4.5 lacs, but max its showing now is 1 lacs and on international its still 4.5 lacs

In the welcome letter it's daily atm withdrawal limit 1lakh is clearly mentioned.

 

[aniketkr.sharma]

In the welcome letter it's daily atm withdrawal limit 1lakh is clearly mentioned.

It is now what i am also saying it's reduced to 1 lakhs, as i had set the limit previously its still 4.5 lacs but max there is 1 lacs for domestic now

 

[Fini7777]

In the welcome letter it's daily atm withdrawal limit 1lakh is clearly mentioned.

My ICICI debit card is VISA Platinum, and I withdrew ₹4.5L from an ATM a year ago. However, afaik, they have now changed the limits to ₹1 L , as you mentioned.

 

[cardnoob24]

dose anyone know similar account same as 0amb privilege account in HDFC and if yes what’s the conditions to get it

 

[Fini7777]

dose anyone know similar account same as 0amb privilege account in HDFC and if yes what’s the conditions to get it

AFAIK, there's no such type of SA in HDFC offered on basis of cc limit or cc variant but u can maintain TRV(FD, MF etc.) and make ur acc 0 MAB of course this is common in most banks.

 

[cardio_guycardio_guy is verified member.]

Any specific points to take care while opening 0 MAB ICICI Privilege bank account? Visiting the branch today.
I just want to avoid any seemingly silly mistakes. Which is better - open as savings account or salary account?

 

[althafvly]

I just logged in to net banking today and i can see that orange changed to red and i can see Privilege Banking banner. But mobile app is still showing orange color and no branding.

 

[cardio_guycardio_guy is verified member.]

Today I spoke to an icici branch staff near my place to open a 0 MAB privilege savings account. I hold a sapphiro credit card with 10L limit and this easily meets one of the eligibilty conditions for 0 MAB privilege account as per their website. The branch staff is also aware of this and agreed that it's true. But he was pushing to open an account with initial funding.
I told him that I'm not interested to open with funding and asked him for 0MAB but he was not so happy with that. Anyway I am visiting the branch tomorrow to get it opened right away.

 

[the_collector]

Today I spoke to an icici branch staff near my place to open a 0 MAB privilege savings account. I hold a sapphiro credit card with 10L limit and this easily meets one of the eligibilty conditions for 0 MAB privilege account as per their website. The branch staff is also aware of this and agreed that it's true. But he was pushing to open an account with initial funding.
I told him that I'm not interested to open with funding and asked him for 0MAB but he was not so happy with that. Anyway I am visiting the branch tomorrow to get it opened right away.

The account is 0 MAB only, but from my experience and understanding they have pressure from their managers and they want you to maintain some initial funding to " support them".

 

[cardio_guycardio_guy is verified member.]

The account is 0 MAB only, but from my experience and understanding they have pressure from their managers and they want you to maintain some initial funding to " support them".

Yes exactly. Another thing is the overall relation with ICICI. If you have say demat with a good amount (I mean more than 5-10L) and mutual funds, then you can show/tell about all that and still push for 0MAB. Because as per bank's original term and condition, IF is not needed. But branches push for that, just to meet their targets. If nothing works, people complain on Twitter and get it done.
One more is branch size - smaller branches in rural areas will agree to do 0MAB without IF. But posh branches in big cities, wealth branches, etc will not even encourage you. I am sure all branches are not same. Some branches looks like vegetable market while some are very posh like HSBC. Go to those vegetable market kind of branches, they will get it done. Yesterday I went to a posh area branch and the manager straight away told me - we don't allow people just taking 0MAB and enjoying the benefits of Privilege account. We will give only with 1.5L IF.
(In short, you cannot just like that walk in to a branch, show Sapphiro card with 10L limit and demand for a 0MAB Privilege account).

 

[cardio_guycardio_guy is verified member.]

Additional resources: (Supporting docs from ICICI website)

https://www.icicibank.com/content/dam/icicibank/india/managed-assets/docs/pdf/family-360-banking-socs-01.pdf

https://www.icicibank.com/content/dam/icicibank/india/managed-assets/docs/family-360-one-pager.pdf

https://www.icicibank.com/content/dam/icicibank/india/managed-assets/docs/pdf/family-360-banking-brochure.pdf

 

[Ekavya]

Not much of benefits, apart from LTF platinum debit card & family banking program.
And BMS 2+2 on family debit card

Is it still LTF. ?

I have Family 360° account and Titanium Visa Debit Card. But Customer Care confirmed (via email) that it's a paid one (200+gst)