Eligibility Criteria for ICICI Emeralde Private Metal - Discussion

[abhiaj_geek]

Why you think so ?? Is it being given liberally these days?
On another note,
Anyone who has experience with payback points reward program can share their views..
I was not in India during the majority life of that rewards program…

If your salary is not 3Lpm, it is difficult to get the cc. Cases of epm without this salary are pretty rare.

But you mentioned 50L deposit right? I believe @Panthera_Tigris got epm in a similar way. So yes with 50-100L deposit in savings, good chances of getting epm.

FYI, their ideal target of 50kpm ppop is achieved at 1.2cr in savings.

 

[Panthera_Tigris]

But you mentioned 50L deposit right? I believe @Panthera_Tigris got epm in a similar way. So yes with 50-100L deposit in savings, good chances of getting epm.

I eventually got it basis my ITR only (self-employed).

My Private Banking RM didn't do s#it.

 

[abhiaj_geek]

I eventually got it basis my ITR only (self-employed).

My Private Banking RM didn't do s#it.

Which rm got it done then?

 

[Panthera_Tigris]

Which rm got it done then?

I walked into a new branch and some random Wealth RM there applied it for me along with the credit card sales rep.

My original PB RM didn't to anything and my new PB RM hasn't even spoken to me once.

 

[IKFLRT]

so, you have to have a savings account in ICICI to get EPM?

 

[Bodhi]

I walked into a new branch and some random Wealth RM there applied it for me along with the credit card sales rep.

My original PB RM didn't to anything and my new PB RM hasn't even spoken to me once.

What was your TRV at the time of applying?

 

[abhiaj_geek]

I walked into a new branch and some random Wealth RM there applied it for me along with the credit card sales rep.

My original PB RM didn't to anything and my new PB RM hasn't even spoken to me once.

Hm I understand. It is a matter of try till you succeed.

 

[Nishan11]

Why you think so ?? Is it being given liberally these days?
On another note,
Anyone who has experience with payback points reward program can share their views..
I was not in India during the majority life of that rewards program…

They are liberal as per their convenience. One don't need to fulfill all criteria.

End of the day, good TRV/customer profile along with BM/RM with good connect to upper management works.

 

[Nishan11]

friend applied for saving account for EPM only, his request for rejected saying saving account need to be 1 yr old. he had to open demat account too..

That's just an excuse. New saving account with good TRV works and CL above 8 L on present ICICI credit card.

Most BM just want to milk the EPM craze by customers. Finding branch with good BM is a challenge.

 

[Panthera_Tigris]

What was your TRV at the time of applying?

Savings account was around 50L and several times that in Demat.

Actually, I think it comes down to the RM. My original Private Banking RM didn't even ask about my ITR. He just said that it is an invite only card that requires 5 cr balance etc. He didn't even apply. I think he was just a lazy moron.

But when I switched branches, the new branch people applied and I got it.

I am not even sure what the ITR criteria is for self employed.

 

[Nishan11]

so, you have to have a savings account in ICICI to get EPM?

Yes savings account with good trv or salary account with 2.5 L plus monthly credit. They slightly relax 3 L monthly salary criteria if one holds decent trv.

Existing ICICI CC with 8 L plus limit will be of additional help too.

 

[Indrajeet100]

Any ideas on when would the welcome benefits be given?
Does one need to drop a mail asking them OR would they come on their own?

PS: Fees has been already charged and paid.

Normally would come on own max 45 days of fees being paid. Though mails come one each for points/ taj membership and eazydiner voucher, Check redeem rewards portal also - it also shows there as Welcome benefits. Some cases it doesn't like if faced issue. If calling customer care their first response is it will come with 45days.

 

[abhiaj_geek]

Normally would come on own max 45 days of fees being paid. Though mails come one each for points/ taj membership and eazydiner voucher, Check redeem rewards portal also - it also shows there as Welcome benefits. Some cases it doesn't like if faced issue. If calling customer care their first response is it will come with 45days.

And the fees is charged on first billing cycle?

 

[Indrajeet100]

And the fees is charged on first billing cycle?

Yes. It is charged in first bill