googley
TF Buzz
AU Bank has found a new way of trapping customer's money now. In case anyone has applied for a AU Zenith+ or any other credit card from the bank and want to get an add-on for any of your family members you would now need to create a savings account (customer ID) for that relation with AU Bank without which the add-on credit card would not be issued. The reason behind this silly logic is to validate the the add-on member is related to the primary card hold which does not make sense to me.
This is not mentioned anywhere in their card T&C.
It basically means that you have to lock-in the AMB amount of about 10K for each add-on member with AU Bank. Quite disappointing TBH.
I am not sure if such practices are even encouraged by RBI.
This is not mentioned anywhere in their card T&C.
It basically means that you have to lock-in the AMB amount of about 10K for each add-on member with AU Bank. Quite disappointing TBH.
I am not sure if such practices are even encouraged by RBI.
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