• Hey there! Welcome to TFC! View fewer ads on the website just by signing up on TF Community.

Best Premium Savings Account

Apply For Lifetime Free IDFC First Credit Card
J

joshmas

TF Buzz
I had a Savings account with IDFC. I also had the First Select card with them. After one year of usage without default, I asked for an upgrade to Wealth, and surprisingly they refused. Since I did not have an HDFC Credit card, I wanted to get one and hence opened a Max Savings account. I applied for a Regalia credit card which was processed. Unfortunately, the bank guy went to a wrong house, and updated that I am not in that address. Hence the application was rejected. I tried to apply again, but bank is rejecting again. It looks like having a savings account is in no way helping to get a credit card.

Is it better to close the savings account and go to some other bank which offers a premium savings account and better benefits? If so, which banks are good. My salary account is with ICICI
 
Apply For LTF AU LIT Credit Card
Sort by date Sort by votes
If your Primary concern is getting a Credit Card then sure, HDFC seems like a good choice for you. A close second would be Axis and then the only other Bank other then these whose credit cards are worthwhile is IndusInd so that could also be an option. But overall I don't think you could beat HDFC.
 
Upvote 0 Downvote
You can go for HDFC Speciale Paltinum account which has AMB of 3 lacs. It gives amazing benefits including Taj Epicure preferred membership which include one night free stay at Taj properties. Also you can get Amazon and Myntra vouchers. All these are available on spending certain amount on your debit card. Do check it out. Moreover, since it’s a premium account, bank might end up offering you there premium credit card pre-approved after some time.
 
Upvote 0 Downvote
Maintaining Savings account with AU Bank for sometime, will also get your their pre-approved CC
And some variants of Axis Bank also makes you eligible for their CC (FYF/LTF)
HDFC also gives pre-approved offers thru their Netbanking / App, but YMMV
 
Upvote 0 Downvote
thementalist said:
Maintaining Savings account with AU Bank for sometime, will also get your their pre-approved CC
And some variants of Axis Bank also makes you eligible for their CC (FYF/LTF)
HDFC also gives pre-approved offers thru their Netbanking / App, but YMMV
Click to expand...
How is your experience with Au bank ?
 
Upvote 0 Downvote
joshmas said:
I had a Savings account with IDFC. I also had the First Select card with them. After one year of usage without default, I asked for an upgrade to Wealth, and surprisingly they refused. Since I did not have an HDFC Credit card, I wanted to get one and hence opened a Max Savings account. I applied for a Regalia credit card which was processed. Unfortunately, the bank guy went to a wrong house, and updated that I am not in that address. Hence the application was rejected. I tried to apply again, but bank is rejecting again. It looks like having a savings account is in no way helping to get a credit card.

Is it better to close the savings account and go to some other bank which offers a premium savings account and better benefits? If so, which banks are good. My salary account is with ICICI
Click to expand...
If your salary account is in ICICI, you can easily get an Credit Card, it's based on your income. APay card you can get if you have any income, but for Coral, Rubyx and Sapphiro, you need to have a certain income and that too for LTF. If you need an HDFC Credit Card, open an account with them.

One thing I have noticed is that try to maintain a huge sum in their accounts. They usually give you CCs based on your Savings/Salary Account balance if you are a customer. Same thing happened to me, I store low balance in my account, so I got less credit limit.
 
Upvote 0 Downvote
How this is different from Preferred account?
Varun.singhal said:
You can go for HDFC Speciale Paltinum account which has AMB of 3 lacs. It gives amazing benefits including Taj Epicure preferred membership which include one night free stay at Taj properties. Also you can get Amazon and Myntra vouchers. All these are available on spending certain amount on your debit card. Do check it out. Moreover, since it’s a premium account, bank might end up offering you there premium credit card pre-approved after some time.
Click to expand...
 
Upvote 0 Downvote
I have ICICI wealth, HDFC classic, Axis Burgandy, Citi Suvidha.
I vote for Axis for their deals and offers. Already had DCB before opening HDFC account, otherwise if you can get DCB or Infinia by opening an account, definitely go for it. Customer service is best with Citi.
 
Upvote 0 Downvote
pandeyji said:
I have ICICI wealth, HDFC classic, Axis Burgandy, Citi Suvidha.
I vote for Axis for their deals and offers. Already had DCB before opening HDFC account, otherwise if you can get DCB or Infinia by opening an account, definitely go for it. Customer service is best with Citi.
Click to expand...
But Citi is gone... Which is the next best?

Also which would you rate best with app and server uptime?
 
Upvote 0 Downvote
BOGO offer on BMS, LTF select credit card, Golf games, lounge access along with usual premium account benefits like other banks. I have a salary account with them so didn't know about NRV. I heard people got burgandy by paying 5Lac only.
ronakmehta said:
Do they offer anything exciting? I see only BMK related offer only and TRV 30 is the big number.
Click to expand...
 
Upvote 0 Downvote
pandeyji said:
BOGO offer on BMS, LTF select credit card, Golf games, lounge access along with usual premium account benefits like other banks. I have a salary account with them so didn't know about NRV. I heard people got burgandy by paying 5Lac only.
Click to expand...
I should not expect precise answer from your side but burgundy salary account require 3 L salary, Is it the case?
 
Upvote 0 Downvote
You must log in or register to reply here.

Similar threads

sidp
Seeking recommendations on premium savings account with extra perks
Replies
8
Views
356
theflash
theflash
P
  • Question Question
Best Premium Savings Bank Account
2 3
Replies
44
Views
4K
Vasuki
Vasuki
M
Best premium salary account advise - similar to HDFC Imperia
Replies
13
Views
696
Akk_here
Akk_here
S
  • Question Question
Best premium savings account
2
Replies
22
Views
5K
fatehbajwa
F
D
HDFC declined my credit card application. Hence need suggestion for a premium savings account elsewhere
Replies
15
Views
4K
SM24
S
Back
Top