HDFC classic banking query

[souvikr]

I have a normal hdfc salary account. It's already a zero balance account and most of the charges are free. Today I have received an invitation for classic banking program. Should I accept this offer? Is there any hidden disadvantage of classic program?

 

[Patil007]

I have a normal hdfc salary account. It's already a zero balance account and most of the charges are free. Today I have received an invitation for classic banking program. Should I accept this offer? Is there any hidden disadvantage of classic program?

If you have Salary account then no need of Classic.

I have Saving max account, still they offering me Classic account. It has higher MAB and they will assign you RM.

RM is nothing but sales manager, he will try to sale you insurance, endowment plans n all.

 

[Wealth is my birth right!]

I have a normal hdfc salary account. It's already a zero balance account and most of the charges are free. Today I have received an invitation for classic banking program. Should I accept this offer? Is there any hidden disadvantage of classic program?

You can but see the offer terms

 

[Patil007]

I have a normal hdfc salary account. It's already a zero balance account and most of the charges are free. Today I have received an invitation for classic banking program. Should I accept this offer? Is there any hidden disadvantage of classic program?

Instead of Classic take LTF credit cards from them.

 

[souvikr]

Instead of Classic take LTF credit cards from them.

I have a freedom card from last 6 years which is not LTF, also I have never achieved spend based fee reversal milestone. Still they never charged annual fee to me, so its like LTF to me 🙂.

 

[Wealth is my birth right!]

I have a freedom card from last 6 years which is not LTF, also I have never achieved spend based fee reversal milestone. Still they never charged annual fee to me, so its like LTF to me 🙂.

Really a freedom card dude😊👍
Free from charges

 

[AsB]

I have a freedom card from last 6 years which is not LTF, also I have never achieved spend based fee reversal milestone. Still they never charged annual fee to me, so its like LTF to me 🙂.

ASk them to upgrade.

 

[souvikr]

ASk them to upgrade.

Already got an offer to upgrade to money back plus but it's showing annual fee of 500+gst. So I didn't apply for it.

 

[Patil007]

Really a freedom card dude😊👍
Free from charges

😂

 

[Patil007]

I have a freedom card from last 6 years which is not LTF, also I have never achieved spend based fee reversal milestone. Still they never charged annual fee to me, so its like LTF to me 🙂.

If Salary is more than 50K ask them to give Millennia LTF.

If salary is more than 1 Lakh ask for Regalia LTF.

Check your spending and take Millennia or Regalia LTF.

as @TechnoFino said, You need to ask.

Ask them to give LTF card or tell them I am planning to transfer my Salary account to ICICI or Axis.

There is another thing @TechnoFino said, Bank is not our relatives, So you are free to change accounts as per your need.

 

[souvikr]

If Salary is more than 50K ask them to give Millennia LTF.

If salary is more than 1 Lakh ask for Regalia LTF.

Check your spending and take Millennia or Regalia LTF.

as @TechnoFino said, You need to ask.

Ask them to give LTF card or tell them I am planning to transfer my Salary account to ICICI or Axis.

There is another thing @TechnoFino said, Bank is not our relatives, So you are free to change accounts as per your need.

Honestly I am more than happy with my cashback sbi card 🙂. In case devaluation happens in future, I will try for millenia LTF. Till then I will use my freedom card for HDFC specific offers.

 

[souvikr]

Is it possible to directly upgrade from Standard to Preferred (skipping classic) if I maintain the required NRV? Do HDFC provide such offer?

 

[RM95]

If I keep a total of 2L (Savings + FD from auto sweep in) in my account, will I be eligible for Preferred banking from Classic?

 

[avishj]

Is it possible to directly upgrade from Standard to Preferred (skipping classic) if I maintain the required NRV? Do HDFC provide such offer?

Yes, I don't think there is any such limitation to go step by step.