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Bank accounts where you need to maintain 25k-75k

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I currently have an indusind select account where I maintain 50k but the service is so bad, the app feels like it was made in mid 2000s and never got an update, I never get a free ticket on bookmyshow even tho it's advertised that I should get it, I want to switch to something else

Does anyone know If there are similar alternatives?

must have -
Signature visa debit card
Relationship manager
Good app
Food and entertainment offers (not that imp)

I've seen people with 10k mab get upgraded to idfc wealth account, but there's not much info on how they get it or how much you need to maintain in idfc Does anyone know anything about this? Idfc seems really good but there's not much info on them out there
 
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bigwillybilly said:
I currently have an indusind select account where I maintain 50k but the service is so bad, the app feels like it was made in mid 2000s and never got an update, I never get a free ticket on bookmyshow even tho it's advertised that I should get it, I want to switch to something else

Does anyone know If there are similar alternatives?

must have -
Signature visa debit card
Relationship manager
Good app
Food and entertainment offers (not that imp)

I've seen people with 10k mab get upgraded to idfc wealth account, but there's not much info on how they get it or how much you need to maintain in idfc Does anyone know anything about this? Idfc seems really good but there's not much info on them out there
Click to expand...
HDFC Savings Max-25k (Virtual RM)
For RM, HDFC Classic - 1L
(Less charges)
HDFC Preferred -2L (No charges on many services)
Or
Axis Liberty-25k (More charges, More benefits)
 
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bigwillybilly said:
I currently have an indusind select account where I maintain 50k but the service is so bad, the app feels like it was made in mid 2000s and never got an update, I never get a free ticket on bookmyshow even tho it's advertised that I should get it, I want to switch to something else

Does anyone know If there are similar alternatives?

must have -
Signature visa debit card
Relationship manager
Good app
Food and entertainment offers (not that imp)

I've seen people with 10k mab get upgraded to idfc wealth account, but there's not much info on how they get it or how much you need to maintain in idfc Does anyone know anything about this? Idfc seems really good but there's not much info on them out there
Click to expand...
No brother i think u r not reeping select debit card benifits i think if u r able to spend 1.1L using debit card u get 1050 rs rs from reward points every month

I was able to use indusind debit Card offer in bms multiple times

As always RM'S are useless they try to insurance nothing much

PS: what kind of debit card u hold
 
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Kiranonlinee said:
No brother i think u r not reeping select debit card benifits i think if u r able to spend 1.1L using debit card u get 1050 rs rs from reward points every month

I was able to use indusind debit Card offer in bms multiple times

As always RM'S are useless they try to insurance nothing much

PS: what kind of debit card u hold
Click to expand...
@bigwillybilly mentioned that Indus Select Account, so he has Indus Select Debit card(assuming Platinum, signature is cap 3k), which has a capping of 2000 in a month to be earned

So as you said, if he his Credit card bill on another bank is high he can use the Debit card to pay. Not sure how it works in Indus but HDFC it is working really good but cap is Rs750 there(not points, flat 1% CB)

Terms & Conditions: Indus Rewards Program - IndusInd Bank

Find the Indus Rewards Program for individual savings account holders at IndusInd Bank. Terms & conditions are applicable to accrual & redemption of reward points. Read more.
www.indusind.com www.indusind.com



1674241683894.png
 
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my biggest priority is that i should get a signature visa with these accounts, seems like the ones listed above all give platinum


Kiranonlinee said:
No brother i think u r not reeping select debit card benifits i think if u r able to spend 1.1L using debit card u get 1050 rs rs from reward points every month

I was able to use indusind debit Card offer in bms multiple times

As always RM'S are useless they try to insurance nothing much

PS: what kind of debit card u hold
Click to expand...
How do you use the offer in bms? I can't remember the exact message but I get something along the lines of "quota exhausted" or something, are you supposed to do it at certain time of the day?

I have a select signature debit card, it is beautiful, that's the only reason I even got an account on indusind
 
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bigwillybilly said:
my biggest priority is that i should get a signature visa with these accounts, seems like the ones listed above all give platinum



How do you use the offer in bms? I can't remember the exact message but I get something along the lines of "quota exhausted" or something, are you supposed to do it at certain time of the day?

I have a select signature debit card, it is beautiful, that's the only reason I even got an account on indusind
Click to expand...
Wow. This is news for me. I have an IDFC 25K MAB and they issued VISA Signature. This was around a year back. Seems like they have changed it to Visa Platinum now.
 
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bigwillybilly said:
my biggest priority is that i should get a signature visa with these accounts, seems like the ones listed above all give platinum
Click to expand...
If you're okay with Neo-banks, go for NIYO GLOBAL in partnership with SBM Bank. They give Visa Signature Debit Card. That too with zero MAB.

I don't know why you're finding Visa Signature specifically but this is it. Any reason for that?
 
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bigwillybilly said:
my biggest priority is that i should get a signature visa with these accounts, seems like the ones listed above all give platinum



How do you use the offer in bms? I can't remember the exact message but I get something along the lines of "quota exhausted" or something, are you supposed to do it at certain time of the day?

I have a select signature debit card, it is beautiful, that's the only reason I even got an account on indusind
Click to expand...
Call customer care and ask for signature select card u r eligible for free if u r account is select
 
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SiddharthR said:
HDFC Savings Max-25k (Virtual RM)
For RM, HDFC Classic - 1L
(Less charges)
HDFC Preferred -2L (No charges on many services)
Or
Axis Liberty-25k (More charges, More benefits)
Click to expand...
Hi can you please share a simple comparison between HDFC Savings Max & Axis Liberty
I initially went for HDFC one but they rejected my upgrade request due to some silly form error
Now, I'm having second thoughts
 
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krishc said:
Hi can you please share a simple comparison between HDFC Savings Max & Axis Liberty
I initially went for HDFC one but they rejected my upgrade request due to some silly form error
Now, I'm having second thoughts
Click to expand...
Savings Max (benefits I know):
All debit cards free (So, ₹400 cb with Millennia & ₹750 cb with Easy shop Platinum;
IMPS, RTGS, NEFT charges Available.
Axis Liberty (benefits I know):
₹750 voucher on 60K spends;
Debit card- 5% upto ₹500 on weekends/every month.
 
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SiddharthR said:
Savings Max (benefits I know):
All debit cards free (So, ₹400 cb with Millennia & ₹750 cb with Easy shop Platinum;
IMPS, RTGS, NEFT charges Available.
Axis Liberty (benefits I know):
₹750 voucher on 60K spends;
Debit card- 5% upto ₹500 on weekends/every month.
Click to expand...
I went through Axis Liberty page details
Have one query on mind

considering a scenario where I choose to spend 25k every month and don't bother about MAB
now suppose for a certain month, I miss the 25k spend milestone by let's say 2-3k, whatever be the reason

what will be the penalty in that case ?
 
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krishc said:
I went through Axis Liberty page details
Have one query on mind

considering a scenario where I choose to spend 25k every month and don't bother about MAB
now suppose for a certain month, I miss the 25k spend milestone by let's say 2-3k, whatever be the reason

what will be the penalty in that case ?
Click to expand...
You need to check Fees & charges sec for that, I don't know much about Axis Liberty as I only have HDFC Savings Max

7.5 per 100 of the shortfall from AMB requirement or 600 whichever is lower
.
In this case, it will be 150-225(+GST)
 
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krishc said:
I went through Axis Liberty page details
Have one query on mind

considering a scenario where I choose to spend 25k every month and don't bother about MAB
now suppose for a certain month, I miss the 25k spend milestone by let's say 2-3k, whatever be the reason

what will be the penalty in that case ?
Click to expand...
Its 7.5% of shortfall from 25k. So if you're missing 3k, then ₹225 would be charged. Max ₹600
 
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I've another question to anyone who've used Axis Liberty
regarding the weekend 5% cashback on certain categories
what exactly falls under the 'Shopping' category, is it just clothing stores? are departmental stores and supermarkets also included ?
 
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