They can issue account numbers in series. My wife and 2 kids have only difference of last digit with a difference of +1. It was Pre-printed series of wealth account welcome kit in sequence.
I agree. Some banks have relaxed this. Few banks are even offering customers to choose their own account numbers.
icici Diamanté had a fees of 1.5L
Is it still available?
No, discontinued now. Pretty amazing perks, atleast on paper like chartered jets, private islands etc. Ofc, nil practical use and someone that rich with white money, would go with international banks to increase his investment horizon
Thanks @abhiaj98 .
I don’t think they will discontinue EPM it’s devaluation meter is also low except for the fact that they may introduce processing fee on vouchers, limit the redemption etc. they have already capped points on certain categories.
Axis ka bhi 1 aisa card hai 😁
It will be interesting to see EPvc getting devalued when it already has nothing to offer.
Right. Primus is a very very good credit card for someone who has that type of spends and flies business/first regularly. Lets this if it becomes the next centurion or diamante.
There is a possibility, since you have good ITR coupled with FD. Negotiate with them beforehand for a Private banking account as well as EPM and try to take it in writing/email.
But I don’t want to transfer 5cr from one bank (demat) to another. Will wealth management not work?
Now that might be a problem. Wealth branch is quite far away.
You don't need to. I know of someone who was offered Private banking account for 50 L. But, Wealth management would work too, I guess, if you're not keen on PB account.
I don't see any particular reason for not. Negotiate with them, you have a humungous ITR and TRV. Many people got this card with way too low ITR and TRV then this. Although you don't need it still, BEST OF LUCK.
Normal branches may not have issued many EPMs and would not have much practical know-how. Though they may try to be helpful.
Yes. When i spoke to my Branch people about these wealth and private stuff, they clearly told me to transfer my account to wealth branch as their branch is a normal one.
