Got invite for hdfc preferred

[Nishan11]

Hi,

I have HDFC Tata Neu credit card. Got in June 2023.

Today morning sent itr by email for Limit increase.

And in evening received email about invitation for" Preferred banking program."

I don't have other banking relation with them apart from Tata Neu card.

I have salary account with SBI & normal saving account with Bank of Baroda.


Should I join this? Any suggestions? Thank you.

 

[amit]

nothing gr8, just branding.

 

[NikTravelEnthusiast]

If you dont have banking relationship, then its of no use. Otherwise notable benefits are-
1.dedicated RM(Practically it's of no use,these RM doesn't know many things)
2. Nil charges in IMPS/RTGS(Online only)
3.50% Annual locker fees
4. You may get upgrade offers on Credit cards

 

[SSV]

Hi,

I have HDFC Tata Neu credit card. Got in June 2023.

Today morning sent itr by email for Limit increase.

And in evening received email about invitation for" Preferred banking program."

I don't have other banking relation with them apart from Tata Neu card.

I have salary account with SBI & normal saving account with Bank of Baroda.


Should I join this? Any suggestions? Thank you.

I thought it is only for SB account holders..
Anyway, take it nothing to lose... I am intersted to see what happens when you get into Preferred as a CC holder only..
No harm in taking this, it is free of cost and a few perks, like better upgrade offers..

 

[Sahilhenzy]

Hi,

I have HDFC Tata Neu credit card. Got in June 2023.

Today morning sent itr by email for Limit increase.

And in evening received email about invitation for" Preferred banking program."

I don't have other banking relation with them apart from Tata Neu card.

I have salary account with SBI & normal saving account with Bank of Baroda.


Should I join this? Any suggestions? Thank you.

Same email was sent to me

 

[SSV]

Same email was sent to me

Are you also only CC holder?
Did you subscribe for it?

 

[Nishan11]

Same email was sent to me

You are accepting this ?

 

[Nishan11]

I thought it is only for SB account holders..
Anyway, take it nothing to lose... I am intersted to see what happens when you get into Preferred as a CC holder only..
No harm in taking this, it is free of cost and a few perks, like better upgrade offers..

I also heard before that it's for existing SB account customers. That's why asked.

I am thinking about accepting this,will see how it goes.

 

[Sahilhenzy]

Are you also only CC holder?
Did you subscribe for it?

Look like it's a glitch something because I already have savings account but closed a months ago. So how can I open account online again.

 

[Nishan11]

I thought it is only for SB account holders..
Anyway, take it nothing to lose... I am intersted to see what happens when you get into Preferred as a CC holder only..
No harm in taking this, it is free of cost and a few perks, like better upgrade offers..

One query? Does sending ITR for CL increase triggered this or its random ?

 

[Sahilhenzy]

One query? Does sending ITR for CL increase triggered this or its random ?

Completely random. My account is closed and cannot be open again online

 

[SSV]

One query? Does sending ITR for CL increase triggered this or its random ?

I think it has triggered based on your Credit profile, and also think it is a technical glitch..
Even if you accpet, it won't do anything.. is my guess.. Lets see

 

[SSV]

Look like it's a glitch something because I already have savings account but closed a months ago. So how can I open account online again.

I think, you need to go to branch to open anohter account, online not possible, I could be wrong because I don't have personal experience.

 

[helloworld]

One query? Does sending ITR for CL increase triggered this or its random ?

Based on my understanding, you're only credit card holder to HDFC bank, and they offered to you 'preferred program'.

As of today, these HNI banking programs can be opened through branch only. And branch people need Initial deposit or mostly open normal account which may or maynot upgrade to 'preferred program'.

So, treat this more or like ad, these things won't work with humans in branch to upgrade you automatically. If you're interested, you can open but its more or like with/without offer same process.

 

[Sahilhenzy]

I think, you need to go to branch to open anohter account, online not possible, I could be wrong because I don't have personal experience.

Of course it can be opened by branch but online 100% sure it's not possible

 

[SSV]

Of course it can be opened by branch but online 100% sure it's not possible

Did you try? as I said ididn't have personal experience.. but I read somewhere here that , it won't allow for other banks.. Not 100% sure about HDFC.

 

[Sahilhenzy]

Did you try? as I said ididn't have personal experience.. but I read somewhere here that , it won't allow for other banks.. Not 100% sure about HDFC.

Achha 🤔 yes it can be depend bank to bank

 

[SSV]

Achha 🤔 yes it can be depend bank to bank

My guess is, their software won't allow this..
Possible Reason: say if they allow opening multiple SB accounts online, people will open and close , again open and close... they abuse the system..
hence they want you to go to branch and open the second account..
It is just my guess..

 

[Sahilhenzy]

My guess is, their software won't allow this..
Possible Reason: say if they allow opening multiple SB accounts online, people will open and close , again open and close... they abuse the system..
hence they want you to go to branch and open the second account..
It is just my guess..

Quite possible but I guess it's some RBI guidelines which stop them going forward?

 

[Trust Me]

3.Free locker

Free locker for Preferred ?!!!