I am having Rs10K MAB account with HDFC platinum card of Rs750+GST.
Prev I only maintain Rs12-13K , now my income is increased post COVID and I am able to maintain more than 1Lak in my savings account.
HDFC RM is telling to upgrade to classic.
Now if I upgrade to classic will the existing platinum card charges are waived off?
Suppose if I don't maintain the 1 lakh for 3 months continuously for some reason, RM told it will degrade automatically.
When I asked if I will be charged for non-maintaince he said yes may be.
But when I saw HDFC website, it shows Nil.
Below are my queries
1) once I am in classic, if I don't maintain 1lak AMB, will I be charged for non-maintaince of amb or not ?
2) I see only advantage for me is getting existing platinum debit card without annual charges and gates open to get infinia , please help me if my understanding is correct?
3) will there be any charges for upgrade and also for that automatic downgrade?
Check out the fees you need to pay & the charges for maintaining Classic High Networth Banking at HDFC Bank. Be aware of maintenance charges to avoid unnecessary penalty.
www.hdfcbank.com
The above is what I referred